Commercial and Shipping.

Evening Post, Volume XXXVII, Issue 111, 11 May 1889, Page 2

Commercial and Shipping.

I UNITED PEKSS ASSOCIATION.] London, 9th May. Two hundred haloß of New Zealand hemp have been sold at .£35 to .£36 10 a. '1 he values at present are inflated, owing to the dearness of manila. Frozen mutton is firm but unchanged. Beef is slightly lower. Sydney, 10th May. vVhcat is easier. Now Zealand, 4s 4d to 4,e 9d; Adelaide, 5s 4d to 5s sd. Now Zealand flour, .£lO 10a to £11 ; roller-made, £11 5s to £11 15s. Melbourne, 10th May. Arrived — Pnkaki. Auckland, This Day. The Colonial Sugar Company has made another advance of 10s per ton in the price of all grades of sugars. The increases in five weeks amounts to 30s per ton. After a heavy downpour of rain for two days the -weather is beautifully fine. The rain has done a great deal of good in the country districts. (Eeceived May 11, 12.50 p.m.) London, 10th May. Arrived— Barque Saira, from Port Chalmers (14th February); ship Waipa, from Port Chalmers (23rd January) ; barque Helen Denny, from Wellington, 10th February; ahip Invercargill, f romNapior (31st January); barque Asterion, from Bluff Harbour (Bth February). (Received May 11, 1.35 p.m.) Sydney, This Dat. Arrived— Durisdeor, from Lyttelton. Newcastle, This Day. Sailed — Clifton, for Oamaru. Brisbane, This Day. Sailed — Eio Lage, for Lyttelton. Melbourne, This Day. Arrived— Maile, from Auckland. London, 10th May. The weekly returns of the Bank of .England Bhow the reserve in notes and bullion at £13,500,000, and proportion of reserve to liabilities 403 per cent., being a decrease of £176,000 on reserve of last week. Consols, 99. Tone of market is firmer. New Zealand 4 per cent, inscribed stock has declined i per cent., and quoted at 105}. Australian wheat, ex warehonse, averages 395; New Zealand long-berried, in store, 38s 3d. The market is weaker. The copper market is recovering, and quoted at £40 per ton. German beet sugar, 21s, market weak; Java, 235, nominal. Iron— Beat Scotch pig, No. 1, f.o.b. in Clyde, 445. Tallow— Market quiet; best mutton, 25s 6d to 26a ; beef, 25s tki to 265.