SHIPPING AND COMMERCIAL.

New Zealand Mail, Issue 999, 24 April 1891, Page 30

SHIPPING AND COMMERCIAL.

By Electric Telegraph.—Copyright. (per press association.) London, April 14. The total quantity of wheat and flour afloat for the United Kingdom is 2,800,000 quarters, and for the Continent 1,820,000 quarters. Money is hardening, owing to the expected early advance of the Bank rate. Three months bills are at 3 per cent. New Zealand Loan and Mercantile Agency Company’s 4 per cents, are at LIOO. London, April 15. Wool, unchanged. Cargo of wheat by the Argyleshire sold at 42s lid. London, April 16. The s.s. Duke of Sutherland has arrived. Her refrigerator has worked well, and her meat is in prime condition. Sailed —Piako, for Auckland. The Bank of England rate of discount is per cent. The Bank of England returns published to-day show the total reserve in notes and bullion to he L 12,292,000. The proportion of reserve to liabilities is 34 86. Consols, 96|. New Zealand 4 per cent inscribed stock, 104. Three and a half per cent do, 97 J. Three months’ bills are at 3£ per cent, firmer. New Zealand long-berried wheat, 43s 6d, firmer. For New Zealand wheat, on

on passage, sellers are asking 42s 6d, but buyers will not give snore than 41s 6tl. Canterbury mutton, 4|ff ; Wellington do, 4d. New Zealand beef, 3|d. South Australian wheat, 445, firm; Victorian do, 43s 9d, firm. Sugar, best German beet, 13s 7id; Java, 15s 6d. No. 1 best Scotch pig iron, f.o.b. in Clyde, 435. Hemp, Auckland, fair, L 22, market weaker; good, 124 10s; Wellington, medium, L2O 10s. London, April 18. New Zealand cheese is quoted from 44s to 56s per cent. A consignment of wheat, ex barque Firth of Dornock, from Lyttelton, sold at 41s. The Daily Telegraph, referring to the importation of fruit from the colonies, states that it is only a begging trade, but if deve’oped will effect good to English and colonial shipping. London, April 18. The total quantity of wool catalogued up to date is 186,000 bales, of which 134,000 have been sold. Fifteen hundred and fifty casks of tallow have been offered for sale, 1225 being disprsed of. Tallow —Medium mutton, 26s ; beef, 24s 6d. The English wheat market shows a general advance of Is ; the Continental and American markets are still advancing, and the latter is showing increased firmness. Forward business in the Australasian colonies is firm at an advance. Arrivals of foreign wheat are large. There are no Australasian shipments of wheat off coast or at ports of call. New Zealand rabbitskins, fair to good, Is Bd. London, April 20. At the wool sales New Zea’and heavy merinos were cheaper. Mr F. O. Licht, sugar expert, estimates that the seven months’ beet production will show an increase of 16,000 tons, and that the new campaign will give a surplus of 70,000 tons. The consignment of apples, ex s.s. Arawa from New Zealand, is selling at from 10s to 20s per case. New Zealand rabbitskins, fair to good quality, Is Bd. The wool market continues firm. New York, April 20. Arrived, at Boston—Lurline, barque, from Auckland (Dec. 30). Newcastle, April 18. Sailed—Northern Chief, for Auckland; Penda Hill, for Napier. Melbourne, April 18. Sailed —W. F. Witzman, for Kaipara. Sydney, April 19. Arrived—Tarawera, from Auckland. Albany, April 19. Arrived—Oruba, from London. Passengers for New Zealand—Mesdames Beckford, Peers, Appett and child, Mayers and child, and Lindsay, Miss Buckland, Rev Mayers, Messrs Buller (2), Bickford, Dickson, Duncan, Grieve, Macereth, McLaren, Mather, Salton, Young and Peers. Sydney, April 16. Broken Hill Proprietary, LlO 17s 6d ; British Broken Hill, L2 18s 6d ; Central, L 4 8s 6d ; South, L 4 15s; Block 14, L 6 8s ; Block 10, Ll 3 17s ; Junctions, LI 18s. Sydney, April 20. Sailed —Tekapo and Jubilee, for Wellington. Sailed R.M.S. Alameda, for San Francisco, via Auckland. Silver is quoted at 3s 84d. Colonial oats, 25s 6d ; beans, 34s 6d ; peas, 33s 6d. Hobart, April 17. The R.M.S. Ruapehu, from London, arrived yesterday at 5 p.m., and resumed her voyage to Wellington at midnight. She brought 37 passengers for Australia, and has 101 on board for New Zealand. Melbourne, April 17. The trial shipment of butter sent Home by the Government realised 114 s for best quality, while ordinary quality brought 94s to 110 s. The Britannia was ordered into quarantine on arrival here owing to there being a case of chicken-pox among the passengers. Melbourne, April 20. Arrived —Rotomahana, from Bluff. The New Zealand Loan and Mercantile Agency Company (Limited) have received the following cable message from their London office, dated 15th instant : “ Hemp continues dull of sale. Wellington has fallen LI per ton since last report ; Auckland quotations unchanged.” The New Zealand Loan and Mercantile Agency Company (Limited) have received the following cable message from their London office, dated the 17th inst. : Tallow—There is a rather better demand. Fine mutton tallow has declined 3d per cwt since last report. Good beef tallow —Quotations unchanged. Frozen meat—Mutton market quiet. The price of mutton has declined £d per lb since last report. Lamb —Market dull. Prime New Zealand lamb is worth per carcase s£d per lb. Beef—Market unchanged.