COMMERCIAL & SHIPPING. THE LONDON WOOL SALES. R.M.S. AORANGI AT HOBART.

Evening Post, Volume XLII, Issue 128, 26 November 1891, Page 2

COMMERCIAL & SHIPPING. THE LONDON WOOL SALES. R.M.S. AORANGI AT HOBART.

I UNITED PBESS ASSOCIATION J London. 25th November. A cargo of wheat, ox ship Lake Superior, ■ from Ly ttolton, was Bold at 42s 3d. At tho wool Bales thcro was a largo attendance Buyers complain of slow, unprofitable) trade. 191,000 bales were catalogued, including 21,000 from tbo Capo. Tho market is irregular, and not spirited. Good merinos brought ffotn 2id to 5d per cent.; inferior, from 5d to 7id per cent.; and crossbreds, from par to 5 per cent. lower than loot sales. The discount rate 'on three months' bills has advanced i per cent. Auckland, 25th.Noyom,ber. A Cable message received ' from' Keep Bros., London, by a firm in this city announces that freights have been roduced from 10s to ss. , (Kecoived Novombor 26, 10.30 a.ms)^ London, 25th Novemboi. Tho sugar markot is firm, and prices have an upward tendency. The total quantity of wheat and flour afloat for tho United,. Kingdom is 2,080,000 quarters, and for the Ooritinont 1,863,000 quarters, ,_ Latest share quotations — Union Steam Ship Compny, MO ; Shaw-Savill, J69 ss. Tne total arrivals of wool up to date numfe* 168.-000 hdlea, of which 18,000 have boen sent forward. (Roooivod Novenlbot 26, noon,) Melboubnb, Tills Day. Sailod-Tarawora, for Blnff. The wheat market is unsettled, (hying to the operation of a syndicate the price has adv&ncod to 6b 6d. Hobart, This Dat. The &M/S. Aofangi, from London, en routi for WeUifljriori, arrived late last night. Tho NoW Zealand. Loten Mud Meroantilo Agency Company (Limited) has received the following cable message from their London offioe, dated 24th met. :— Wool— With tho exception of good greasy, good sconrCd, and crossbred, for which tho market is unchanged, the ealos opened at an average decline of about 5 per cont. on last sales' closing rates. CoriJpetition by both Home and foreign buyers is fairly oOlive, and trodo in' the' manufacturing districts is unchanged. Tho total quantity available, including wool held over from lost series, is 210.000 bales, ! 18,000 of Which have boon forwarded to tho manufacturing districts diroct. Messrs. Murray, Bdbertg.A Co.'s London firm, Messrs. Saundersort,- Mnrroy & Co., cable them as follows, under date 24th inst. :— Tho sales (fifth series) havo opened with an avorage attendance of bnycrs. The market has declined 5 to 7i per cent. For scoured merino, inforior to medium, tho market is very weak.