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THE MARKETS

(PKB TU&BB ASSOCIATION.) London, January 31. Prices for frozen mutton and beef •re unchanged. An Australian cargo of wheat has been sold at about 37s 6d per quarter. • At the wool sales to-day 13,000 bales were offered. Prices remain firm at opening rates. Theie was keen competition amongst the buyers except French. Large withdrawals have been made. Lohdow, February 1, The reduction m the Bank rate, of discbunt is assisting the South Australian loan. (Received February 2, 1.22 p.m.) London, February .L The total reserve m notes and bullion. m the Bank of England is £14,516,000. The proportion of reserve to liabilities Is 41f per cent. New Zealand four per oents are quoted at 103 ; business active. Australian wheat, ex warehouse, 41s 6d, business weak ; New Zealand longs berried 41s, business restricted. The following cable message, dated Sydney, 29th January, 1889, has been received from Messrs Goldsbrough, Mort and Co. : — At auction to-day bidding weak; chkkwheat, 2s B#d to 2s nd; oats, as io#d to 3s o#d; bran, io#d to nd; ryegrass, 2s Bj£d to 3s $}4d; privately, potatoes up to

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Permanent link to this item

http://paperspast.natlib.govt.nz/newspapers/AG18890202.2.18

Bibliographic details

THE MARKETS, Ashburton Guardian, Volume VII, Issue 2053, 2 February 1889

Word Count
183

THE MARKETS Ashburton Guardian, Volume VII, Issue 2053, 2 February 1889

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