LONDON COMMERCIAL NEWS
[reuter's telegrams.]
London, June 14. Consols are -1 lower, viz., 100£.
New Zealand inscribed stock has fallen 10s, and is quoted at £98 10s. Australian beef tallow, average quality, 22s 6d; mutton tallow, 245.
At today's colonial wool, auction 12,600 bales were offered. Prices were firmly maintained.
LONDON. MARKETS. [PER N.Z.L. AND M.A. CO., LIMITED.]
London, June 14,
Wool.—The competition is increasing, and the market is firmer. Since the opening of the sales cross-bred and superior scoured merino have advanced £d per lb nearly. Up to date 58,000 bales have been sold.
Wheat.—The weather is favourable for the home crop. The market is weaker. Adelaide wheat, f.a.q., is worth c.if., ofi coast, 468 6d per 4SOlb,
Froze Meats.The market is depressed. Canterbury mutton is worth id per lb; Auckland lamb is worth 4d per lb ; Canterbury lamb is worth 4£d per lb.
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Bibliographic details
New Zealand Herald, Volume XXIV, Issue 7976, 16 June 1887, Page 5
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145LONDON COMMERCIAL NEWS New Zealand Herald, Volume XXIV, Issue 7976, 16 June 1887, Page 5
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