LONDON COMMERCIAL.

New Zealand Herald, Volume XXV, Issue 9111, 20 July 1888, Page 5

LONDON COMMERCIAL.

[press association.]

London, July 11. Two Australian wheat cargoes have been sold for shipment to the continent at 33s 3d to 33s 6d. Two others were also sold, one at 33s 9d and the other at 33s 7£d. Ten thousand quarters of May and June shipment realised 33s 9d. Eight thousand five hundred quarters of May shipment sold at 345. Australian, ex warehouse, is quoted at 34s ; for cargoes of new crop buyers offer 335. New Zealand longberried is quoted at 34s to 34s fid.

Flour, 24s fid. New Zealand hemp, £24 5s to £24 10s.

Sugar : German beet, 14s 3d. The number of bales of wool catalogued since the opening of the series is 266,200. Of- these, 253,400 have been sold. Merino sorts are firm ; crossbreds irregular, and slightly weaker. Leather, 9d per lb. There is a general decline of id to Id in rabbit skins.

At auction, Australasian tallow realised the following prices Mutton, 21s 6d ; beef, 21s 9d. Tin is quoted at £78 10s per ton. Copper: Chili bars, £81. Iron, 435. Consols, 100-.V. New Zealand 5 per cents, are 106 i ; New Zealand 4 per cents., inscribed, 981. The wool sales close on July 18.

NEW ZEALAND FROZEN MUTTON. London, July 11. Meat by the Kaikoura and Doric is being sold at 4Ad per lb.

[PER N.Z.L. AND M.A. CO., LIMITED.] London, July 11. Wheat.—The tone of the market is firm. The weather is unfavourable to the crops here. New Zealand, average, is worth ;«s 6d per 4961bs landed ; New Zealand loneberried is worth 34» 3d per 49611)8 landed ; New Zealand f.a.q. is worth 32s 6d per 480 lbs, e.i.f., to arrive.