Commercial.

Wairarapa Daily Times, Volume X, Issue 3181, 16 April 1889, Page 2

Commercial.

London, April 13. Weston and Westell, salt and soda merchants, report: Black liorso Bait.: fine quality 33s 9d per ton, coarse, 21a 6d. The English wheat market is declining, and tho tone is weak; Continental and Ameriwn markets also show a /»eneral decline; New Zeuland 'vlieat on pn6sngo averages.: 85s Gd, Forward husinnss is weak, and at a decline, Arrivals of foreign cargoes arn moderate, Up to date 131,000 bales have been catalogued at the wool auctions, of which 127,800 liavo been sold. Tallow is flat. At auctions'to-day 1725 casks were offered, and 350 sold. Medium mutton realised 2k Cd; medium beef, 23s 6d. .

Sydney, April 15, " The London correspondent of'the Sydney Morning Herald says the Imperial and Colonial Trading Company talk of practically running Hiver Plate Mutton out of Ilia English market. Some doubt, however, is felt whether the Company is not prepared to take more mutton than New Zealand cqn produce, The New Zealand Loan and Mercantile Agnncy Company, Limited, havo received tho following telegram

from their London office, dated 12th inst.:—Tallow is dull of sale. Good mutton is worth 265, and beef 25s por cwt, Frozen meat: Mutton— The market is hardening. Canterlimy is worth 4sd; and Wellington, i 3-Bd, Beef—Market unchanged,