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COMMERCIAL.

■v. The Lor don Wool Sales closed oh 9*h June, increasing flrrontst. was shown towards the 9lose ot the aeries. Port fbilip improved to March price ; Adelaide and Ne~w?-Zealand greasy shares in the recovery, buf/SVdney washed fleece is neglected. • ForeigFarriyals were not bo large -as to depress 'the^ corn' market. Fine quaUties of Adelaideiwiheat fetch 645. to 655. pec 4961 b. -New-Zealand hemp sold at £^B to £19. Bank-rate" 8 per= cent. ; nurket rate 2 J per cent. V San Francisco, May 27. Flour, demand fair, 5 dols. 50 cents to 6 dols. superfine ; 4 dols. SO cents to 4 dole. 73 cents, in sacks 196 lbs W heat market quiet, bales : 1,400 sacks milling at 1 dol. 80 cents. Barley market steady. Sales: 5,000 sacks Bay Bruisg, l dol. 80 cehte. Wool continues note active market. Melbourne, June 20. Oats are in good request. New Zealand milling, 53, Bd. ; feeding, ss; 4d. New Zealand malting barley, 6s. 6d. to 6s. 9d. Wheat is firm at 6s. sd. to 6s. 7d. prime samples. In New Zealand flay, a parcel sold at £19. New Zealand 4 per cents are in the market at New You^'May 26. Depression in flour slight. Concessions are necessary to induce business. Extra, 5 dol 50 cents ; superfine, 5 dols. 55 cents. Wheat unsettled. Prosr-ects of large shipments and increased rates of ocean freights cause irregularity. Word : Transactions are restricted, and supply short • but the tone of the market is improving.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CL18740709.2.4

Bibliographic details

Clutha Leader, Volume I, Issue 1, 9 July 1874, Page 2

Word Count
245

COMMERCIAL. Clutha Leader, Volume I, Issue 1, 9 July 1874, Page 2

COMMERCIAL. Clutha Leader, Volume I, Issue 1, 9 July 1874, Page 2