COMMERCIAL.

Lyttelton Times, Volume CIII, Issue 12161, 27 March 1900, Page 5

COMMERCIAL.

United Press Association—By Eleotrio t Telegraph.—Copyright. LONDON, March 25.

Frozen mutton—Cross-bred wethers and maiden ewes, Canterbury 3gd, Dunedin and Southland not quoted, North Island 3|d: Lamb, prime Canterbury sd; fair average, including Dunedin, Southland, Wellington and secondary Canterbury, 4§d. River Plate cross-bred or merino wethers, heavy 3±d, light 3§d. (Last week's quotations were: —Frozen mutton —Cross-bred wethers and maiden ewes, Canterbury 3|d, Dunedin and Southland 3 5-16 d, North Island Lamb— Prime Canterbury sgd; fair average, including Dunedin, Southland, Wellington and secondary Canterbury, 4|d. River Plate cross-bred or merino wethers, !heavy 3|d, light 3|d.) Consols are quoted at lOlf. Wool clips realised as follow:: —Moeraki 7£d, Stonyhursf B|d. Kauri sales, 4307 cases offered and 1900 cases sold. Good quality is unchanged, and common and irregular sorts are easier. • Three-quarter scraped, 117 s. Hemp is dull. Wellington January and March shipment sold at £3l.

[Per Press Association.] WELLINGTON, March 26. The Agent-General cables : —Butter 935, market very dull; no alteration in the cheese markets since last week.

SHIPPING. \ [Per Press Association.] WELLINGTON, March 26.

The lonic left Rio Janeiro on Saturdaymorning. The Waiwera arrived in London on Saturday morning with her cargo of meat in good condition.

The New Zealand Loan and Mercantile Agency Company, Limited, has received the following cable message, dated

LONDON, March 24.

Wool.—The sales closed at an average decline of about per cent to 15 per cent on last sale's closing rates., except for superior greasy merino, which is unchanged. Messrs Dalgety and Company, Limited, have received the following cable message, dated, LONDON, March 24. The wool sales closed dull, and lately reported rates are. hardly maintained. The total quantity of colonial wool available including old -stocks, was 256,000 bales, out of which some 82„000 bales have bejen sold for Home consumption, 59,000 bales for the Continent, 10,000 bales for Anierica, leaving 105,000 bales to be carried forward to the next -seres. As compared 'with closing rates of last series, prices a re, on the average, 10 p?r cent lower for good merino and fine cross-bred ; 10 per cent to 15 per centlower for inferior, faulty, and earthy merino, and medium and coarse greasy cross-bred; and 5 per cent lower for lambs' wool.