The Markets.

Ashburton Guardian, Volume VII, Issue 2476, 28 July 1890, Page 2

The Markets.

(PER PRESS ASSOCIATION.

London, July 25. New Zealand long-berried wheat, 37s 3d ; Victorian, 38s ; Adelaide, 38s 6d, quiet. ' '': i'•,■■■ ■ '"' . New Zealand 4 per cent inscribed stock, IQSJ; 3} ditto, 95. Sutjar—-German beet, 13s 6d ; Java, 16g 9d steady. Consols, 96|d. Three months bills, 4 per cent. Silver, 4s 2d per oz. London, July 26. The present rates of freight have been fixed to remain until November, when they will be re-considered. The demand for kauri gum is improving. At the, wool sales 312(000 bales were offered, and 110,000 were held over. London, July 27. Australian wheat, ex warehouse, 38s to 38s 6d; New Zealand long-berried, 37s 6d to 385.: . ■■■■'CV. ' ;'-' :v • Leather—Best sides,, B|d ta9d. New July 26. Operators are attempting to establish a cotton corner. ■ .'■"'..■.: '<\'";" The shipment of gold to the Argentine, Republic has" caused the hardening of the money .market.

Messrs Berry, Barclay and Go cable from London under date 25th June, to a Christchurch firm, as follows:— Present price, f.a.q.. New Zealand wheat at Mark Lane, 36s 6d per quarter of 4961 b, ex ; granary, sacks extra. Market stationery. The weather has been unfavorable, but is now improving.

' The New Zealand Loan and Mercantile Agency Company, Limited, have received the following London market telegram, dated 25th July, 1890 :— Tallow—There is a good demand. Fine mutton has declined 3d per cwt. since last report. ' Other quotations unchanged. Frozen Meat—Mutton market quiet. Canterbury and Wellington:■< mutton is worth respectively 4§d and 4d per lb. Beef market fierier ;■ Newi Zealand fore and hind quarters are worth respectively 2£d and 4§d per lb,