YESTERDAY'S CABLES.
Home and Foreign.
Australian.
Eight thousand four hundred quarters of Australian wheat of February shipment have been sold at 33s 4id per quarter. New Zealand 5 per cents, are quoted at 104|, and inscribed stock at 100£. It is expected that a further reduction in the bank rate of discount will be made shortly. The wheat market is weak, without any quotable change in prices. New Zealand cargoes are quoted at 335. The arrival of flour cargoes have been very large. New Zealand oats of fine quality are quoted at from 21s. The English team of footballers sailed for Australia on Saturday.
The master and eleven of the crew of the barque Lanoma, which went ashore in the English Channel, were drowned.
Owing to the large exodus of farmers from Adelaide to Victoria, the Government have been urged to advertise that suitable districts in the southeast portion of the colony and elsewhere are still open to agriculturists. Some of the evidence taken by the Land Commissioners, who were requested to make inquiries into the position of farmers, shows that privations of a most pitiable character have been undergone.
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https://paperspast.natlib.govt.nz/newspapers/ESD18880312.2.31
Bibliographic details
Evening Star, Issue 7468, 12 March 1888, Page 4
Word Count
190YESTERDAY'S CABLES. Evening Star, Issue 7468, 12 March 1888, Page 4
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