ENGLISH COMMERCIAL.

Auckland Star, Volume XXIII, Issue 36, 12 February 1892, Page 2

ENGLISH COMMERCIAL.

London, February 11. The estimated "ieiblo supply of American wheat is 66,600,000 bushels.

The majority of tho poaches imported from the Capo were spoiled by low atmosphere. Tho rest broughb from 14s to 18s per dozen. Nectarines wero inferior, and only realised 2s per dozen. Grapet woro also inferior. They brought 12s per 41b. Merchants think that even these prices were only reached because Cape fruit is a novelty, and they are not likely to be maintained. Tomatoes fetched 3d per lb.

Factory butter is U._d; dairy, 92s to 100s. Austrian and Italian dairies are sending over large quantities and depressing the market.

Heavy sales of colonial stocks have been effected. There is a general fall of 10s. The issue of Treasury bills is the chief cause ot the depression. Pricos ab the wool sales for crossbred fine greasy, average Ad lower ; coarse scoured remain at par ; lambs, at par to id higher; merino, greasy, superior, par to average id ; inferior, to $d ; scoured, good, average, £d ; inferior, Id lower ; lambs, greasy, superior, dearer ; other sorts, id lower. The markeb is steady.

Dunedin, this day,

At the wool sales crossbreds fetched to 9|d; and merinos, to 7£d ; being a general decline of a half-penny to a penny. At the final auctions yesterday sales showed a decline of a farthing to a halfpenny compared with previous sales. This is a slight improvement on the rates ruling at the morning sales.