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THE MARKETS

(FIB FEKBS ASSOCIATION. Londok, Jnly 4 The Bank of England reserve is percentage of reserve lo liabilities 41 J^. Codeols 98^. New Zealands four per cents 105^, activ& — : Wheat — Australian ex 11010^383 9<3; New Zealand loog-berried ex store 38s 6d. Copper —^4l 10s. Tin— Australian Svgar — German beet 27s gd; Java Iron— 43s 9d. Tallow — Flat, best mutton 27s 6d to 28s; beef 26s 6d to 275. Arrived — Hurunui from Tiraaru. Lokdok, July 5 An Anfitralian wheat cargo has been fold at 848 ; that by the Bargamy, from lijttalton, was disposed of all at 83s 10*1. , The New Zealand Loan and Mercantile Agency Company, Limited, have received the following cable mesßage from- London, dated sth July :— Frozen Meat— Stocks of mntton are increasing, and the market has a downward tendency. Canterbury and Wellington motion is worth respectively 6^d and 5Jd. Canterbury lamb is worth B£d per lb. There is a rather better demand for New Zealand beef. Fore and .hind quarters are worth B£d and 4fd pwlb respectively. Tallow is dull of sale, but quotations jore unchanged sinoe last telegram. (Received Jnly 8. 12 30 pm.) Londok, Jnly 7 The &Bglißh wheat market is firmer, the Continental inactive, and the American steady. Forward business if inactive. Arrivals of foreign wheat are liberal. Australian flour, ex store, is quoted •t an average of 275. Tallow — Mutton, medium, 25s j beef, At the wool sales 239,000 bales have been catalogued, of which 227,000 bales have been sold. The wheat cargo of the Paueala has been sold at 84s.

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THE MARKETS Ashburton Guardian, Volume VII, Issue 2167, 8 July 1889

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