MONETARY AND COMMERCIAL

Lyttelton Times, Volume LXXIX, Issue 9987, 16 March 1893, Page 5

MONETARY AND COMMERCIAL

ANTWERP WOOL SALES. [Special to Pbtssb Association.] LONDON, Maech 14

City men express a feeling of gratification at the agreement between the Associated Banks for mutual help, which they think will, if fully observed, restore confidence in Colonial financial institutions. The Fall Mall Gazette, however, says that the agreement. is not to be trusted, seeing that the Bank was not helped. Maech 15. The Antwerp wool sales opened with animation, and there was a large attendance of buyers. There was an rise in River Plate wool of ten centimes per kilo, as compared with the last series in Antwerp. Australian wool showed a rise of a half-penny per lb on the close of the last London series. WASHINGTON, Maech 14. _ President Cleveland considers it useless to ask the Congress to repeal the Silver Purchase Act until the pressure of hard times has aroused public opinion. - Owing to difficulty in the selling of gold bonds in London, the President has withdrawn the proposed sale. The New Zealand Loan and Mercantile Agency Company, Limited, has received the following cable message, dated; — LONDON, Maech 14 Wheat market very weak. New Zealand wheat average is worth 29s per 4961 b. Other quotations unchanged since last telegram. Quotations nominal-

SHIPPING. LONDON, March 14. Arrived, at Boston Mentone, barque, from Wellington (Dee. 6). Sailed—The R.M.S. Ruapehu, yesterday, for Auckland. THE AUSTRALIAN MARKETS. SYDNEY, March 15. Wheat, chicle, 3a; milling, 3s 6d. Flour, Now Zealand roller made, £B. Oats are ia fair demand; best bright, 2s 7d, Maize, New Zealand, 4s 6d to 4a 7d. Barley, Cape, Ss. Bran, Pollard, Sid. Peas, Prussian blue, 4s 3d to 4s 6d. Potatoes, Warmamboole, .£3 15s; Circular Heads, £3. Onions, £3 5s to £3 10s. Butter, dairy made, 6d to 7d ; factory, Bd. Cheese, prime quality, 4|-d. Bacon, New Zealand, prime, B|d to Hams, nominal, lOd to lid. MELBOURNE, March 13. Wheat is firm, and few sales are recorded. The latest quotation is 3s Ifd. Flour, stone made, £7 6b ; roller, £1 10s to £B. Oats, Algerian, Is 6d to Is 7d; stout, up to Is lid. Maize, 3b 6d. Barley, English, 4s 3d. Peas, 2a 3|d. Potatoes, £2 10a. ADELAIDE, March 15. Wheat, 3s Sd. Flour, roller made, £8 7s 6d. Oats, 3a 2d to Ss 4d. Barley, maltimr, 4s 6d to 4s 9d. Bran, 9|d. Pollard, 10 Jd.