Commercial.

Wairarapa Daily Times, Volume X, Issue 3175, 9 April 1889, Page 2

Commercial.

London, April 6, Tbe statistics of the Board of Trade show that the value of the imports and exports for the last quarter ending 31st March is 13i millions in excess of the correspondint! period of last year, Six hundred and seventy five casks of tallow were Gold by auction to-day, Medium mutton realised 255, medium beef 23s 64. Money is declining owing to abundant supplies. In open market three months' bills are quoted at 2J per cent. For Australian wheat, noworop, : sellers ask 37s 6d, and for New Zealand wheat, on passage, the average quotation is 35s 9d. Forward business is weak and at a decline. Arrivals of foreign wheat are small, but soveral cargoes are at tho porlß of call awaiting sale. Colonial beans iiverago 39s per 5011bs. Tho wool sales give indication of increasing strength, and an advance i» expected, chiefly in fine greasy merinos, Homo and foreign buyers are competing with great spirit. Up to data 58,600 bales have been catalogued, of which 56,800 have been sold to the.Homo trade. Tho presont wool series cloaoou Bth May. '

The New Zealand Loan'and Mer cantile Agency Company (Limited) have received the fallowing telegram from their London office, dated 6ih inst; -Wool -Tlie sales gain firmness as they progress. Tallow bas advanced LI per ton since last report. New Zealand Flax—The market is lower; medium quality is worth L 35 per ton. Frozen Meat-Mutton: The market has an upward tendency, Cantorbnry is worth 4 3-8 d and Wellington i\i per lb. Beef: Forequarters are worth 3Jd and li.indfjuarters 4fd per lb.

Australian. Sydney, April 8, Private letters from Samoa state that all tho crops were destroyed by the recent hurricane, And that ns oil the stores aro used up in providing for the shipwrecked sailors, there is every probability of s famine at Samoa. Several churches in Sydney havo announced their intention to devote collections to tho relief of the Samoan people The merchants and shippers of Newcastle at a meeting passed a resolution in favor of a fortnightly Frisco mail service,

Adelaide, April 8. The Governor elect, the Earl of Kintoro, has arrived, Mr John Dillon M.P., one of tho Irish delegates to the colonies, was a passenger by the same steamer,

Melbourne, Apiil 8, The barque Rachel went ashore at Warnambool during a heavy gale and is likely to become a total wreck, The crew reached land safely.