COMMERCIAL

Lyttelton Times, Volume XCIV, Issue 10786, 25 October 1895, Page 5

COMMERCIAL

[Special tc^re^T”Association.! s LONDON, Oct. 23. Tha total quantity of wheat and flour afloat for the United Kingdom is 2,020,000 quarters, and fox the Continent 1,080,000. The American visible supply is 61,600,000 bushels. There was a ,good attendance at the Antwerp wool safes, but no animation in the bidding. Two thousand four hundred bales of Plate wool were offered, of which 1600 were withdrawn. There was no change upon the July rates for the bulk of the wools offered, hut for superior sorts five to ten centimes more were obtained, SYDNEY, Oct. 24.

Decently the Government asked the French Government to dispense with some of the regulations which interfere with the introduction of Australian frozen meat into France. An official reply has been received that it is impossible, to relax the conditions under which the sanitary inspection of foreign meat is conducted. Mr Featherstonhaugh, of the Graziers’ Meat Export Company, has returned from a visit to the American meat centres. As a result of extended inquiries, he is more than ever impresse-J that there is a great future for the meat export trade from Australia. The only real difficulty to his mind is the uncertainty of the seasons, involving intermittent supplies and thus increasing the cost of production. He is confident that the successful conveyance of meat in a chilled condition is only a question of proper treatment and care, and considers that by combining dry sterilised air with moderate cold all risk of spotting or mould will be avoided; also that a much better article will be placed on the market than at a lower temperature. He has purchased a quantity of tha most approved American machinery, and secured the services of an expert cauner for the Graziers’ Company. MELBOURNE, Oct. 24. The produce contracts cover a period of two years from May next. ADELAIDE, Oct. 24. There are no signs of the drought breaking, In some districts cattle are being turned into wheat paddocks, where the crops are too short to cut. The Register says that the opinion prevails that it is well within the bounds of probability to look for an average much under four bushels to the acre. The first load of the new season’s wheat has arrived in town. It is a fair sample, and goes €slb to the bushel.