COMMERCIAL.

Waikato Times, Volume XXVII, Issue 2190, 22 July 1886, Page 2

COMMERCIAL.

Waikato Times Office, Wednesday. [KKUTKIi'a TBLKGHAMS.] LONDON MARKETS. London, July 19.— Consols hate declined £, and are now quoted at 101£. — The maiket rate of discount has advanced to 1^ per cent, and is now 1^ below the bank rate. — New Zealand securities remain at last quotations. — The markets for Australian wheat und tallow are unchanged. The total quantity of wheat afloat for the TJhited Kingdom is 2,0f1),Q00 qaatters, not 2,440,000 as telegraphed on the 16th inst.— New Zealand prime mutton is realising 5d per pound. [PKB N.Z.L. AND M.A. CO., LIMITED.] London, July 17. — Wool. —The sales closed firmly. The following table shows the advance in prices pet lb since the close of last .sales :— Description. Alvance per lb. Greasy . ... ... ... 2d Clothing, washed 2£d to 3d Combing, washed £d to 2^d. Scoured .. 4d Fine greasy crossbred Id to l.^d Fine washed crossbred Id to l.Jd Fine scoured crossbred Id to l|d Coarse greasy crossbred id told \ Grea»y Merino lambs id Greasy crossbred lambs Jd to Id The market for merino lambs is firmer. The total quantity sold during the past sales is 350,000 bales, 700 bales have been held over for future disposal. 194,000 bales havo been taken for the Continent^ §ns| 6000 bales for America. TheoutflooOor the next sales is favourable.— Tailujw.— The market is firmer, and fine qualities are in good demand. < j