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THE MARKETS

[PBB PRESS ASSOCIATION.]

London, September 3 The market rate of discount is 3^ per cent. New Zealand prime mutton 6d per lb.

The value of the hop crop is estimated at £130,000 old duty, and the yield is of excellent quality.

The Australian and New Zealand Mortgage Company have declared a dividend of 5 per cent.

Svdkby, September 4 Wheat, dull ; chick feed, 8a sdto 8a 6d ; New Zealand milling, 3s 9d to 4s 2d ; Calitornian, 4s 4d to 4s 6d laide, 5s to 5s 2d ; flour, New Zealand stone made, £9 15s to £10 10s ; roller made, £10 10s to £11 5s ; oats are very sick ; feeding 2s 8d to 3s, very large stocks held ; seed, 33 to 3» 2d ; maize, 3d lOd to 3s lid ; barley, feed 2a 9d ; Cape, 2s 8d to 3s, nominal ; bran te easier at 9d to 9£d ; pollard is dull at 9d ; chaff, New Zealand £5 10s to £6 ; potatoes, New Zealand £4 10s 6d to £4 17s 6d, Circular Heads £5 10s; onions, scarce, £29 to £80; butter, imported dairy 9d to Is, separator made lid to Is, local Is to Is 4d, factory made lfl 4d to Is 6d ; cheese, 5d to7d; bacon, local 7d to 7£d, New Zealand 9d to 9£d, nominal ; hams, lOd to lid.

MELBOUBHK, September 4. Wheat is very strong, 5s 6d being offered without response ; flour, stone made £11 10s ; oate, 3s ; Naw Zealand 8s 6d ; maize, 4s to ss ; barley, Cape 2s 10£ d (refused), New Zealand prime malting 5s Bd, inferior 4s 9d to 5s ; bran, Is Id ; peas, ss.

Adelaide, September 4. Wheat, dull ; farmers' lots, 4s 9d to 4s lOd ; shipping, 4s 10£ d to 4s lid ; flour, stone made, £10 10s to £10 15s ; roller made, £11 10s to £11 15s ; oats, New Zealand, 4s 3d to 4s 4d ; barley, malting, 4s 6d to 4s 9d j bran, B£d ; pollard, Is.

(Keoeived Sept. 5, 12.30 p.m.) London, BeptemW 4. The total quantity of wheat afloat for the United Kingdom is i,8oo,oooqrs ; for the Continent, 336,000qr5. The English wheat market is steady, the Continent inactive, and the American firm.

The New Zealand Loan and Mercantile Agency Company, Limited, Christchurch, have received the following London cable message, dated 4th September, 1889 : —

Frozen Meat— The mutton market is dull Canterbury and Wellington mutton are worth respectively s£d and s|d per lb. The beef market is quiet.

The following message, dated London, 3rd September, was received yesterday by a mercantile firm m Christchurch : — " Present price and Btato of the market for New Zealand wheat for fair average quality at Mark Lane, per quarter 0f 496 lb, ex granary,saokß extra, 34s nominal. Nothing doing.

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Permanent link to this item

http://paperspast.natlib.govt.nz/newspapers/AG18890905.2.8

Bibliographic details

THE MARKETS, Ashburton Guardian, Volume VII, Issue 2218, 5 September 1889

Word Count
450

THE MARKETS Ashburton Guardian, Volume VII, Issue 2218, 5 September 1889

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