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The Markets.

[per press association. J

Antwerp, June 3,

The wool sales opened to-day, but bidding was dull ■ and competition poor. 4600 bales Australian were offered, and 2000 sold, at,a decline of about 5 per cent on last London closing rates.

(Received June 5, 11.50 a.m.) ' „-' ' r London, June 4. Two Australian meat cargoes have been sold at 36s Id to 36s 3d. The total quantity of wheat and flour afloat for the United Kingdom is 2,976,000

quarters, and for the Continent 896,000 ' quarters. The American visible wheat supply is 22,464,000 bushels. The money market is firmer, owing to the probable large demand for gold for export to the Continent. Market rate of discount for three months bills is *2£ per cent. " ,""■

New Zealand Shipping Co's shares, £5; ShuwSaville, Albion Co., £9 10s. Best bVef tallow 24s 6d to 265. The market is'finri, with, advancing rates.

TheNewjZealand Loan and Mercantile Agency: Company, Limited, have received the following London cablegram, dated 3rd June:— ' . .

"Wheat—Market is very weak. The weather is iavorable. The American market continues" drooping. New Zealand average is worth 34s 3d, and long berried 36s 6cl per 4961b. New Zealand, f.a.q., to arrive iron ship is worth c.i.f. 34s 3d per 4801b—March-April bill of ladiugi"

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AG18900605.2.28

Bibliographic details

The Markets., Ashburton Guardian, Volume XIV, Issue 2433, 5 June 1890

Word Count
206

The Markets. Ashburton Guardian, Volume XIV, Issue 2433, 5 June 1890

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