THE MARKETS.
(PRESS ASSOCIATION TELEGRAM.)
NAPIER, March 5. Nelson Bros, have received the following cable message from their London agents:— "No signs of improvement in the frpzen meat market, and the immediate outlook is bad. To-day's quotations are—Best Canterbury 3d, Dunedin 2|d, Napier and North Island 2id." Under date San Francisco, February 4th, Messrs Balfour, Guthrie and Co. report that freights to the United Kingdom continue depressed. Three or four vessels have been fixed at 16s 3d for orders, and rather than accept this rate one or two vessels have sailed in ballast to load coals at Newcastle, N.S.W., and return. There has been no new business done for Australia, with the exception of one vessel at a lump sum, but tonnage could probably be obtained on a basis of about 9s Sydney. The amount of disengaged tonnage in port was 96,000 tons register. ________-__-___-_------»**
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Bibliographic details
Press, Volume LIV, Issue 9669, 6 March 1897, Page 8
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144THE MARKETS. Press, Volume LIV, Issue 9669, 6 March 1897, Page 8
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