COMMERCIAL
Bu Telenraph.—Press Association. — Copyright. London, May 19. Three months,' bills are discounted at 1 per cent. The total quantity of wool catalogued up to date is 162,C00 bales, of which 148,200 bales have been sold. The tone of the market is better, and prices are firmer. Tallow is unchanged. Colonial butter is quoted at 925. . The English wheat market is declining, and showing increased weakness, while the Continental and American show a general decline. For forward shipments of Australian wheat sellers are asking 24s 3d, but buyers refuse to give more than 23s 3d. For Australian wheat on passage, sellers want 235, but buyers will not give more than 22s 6d. Cargoes of Victorian and South Australian wheat have been sold at 22s Sd.^ Superfine Now Zealand flour is bringing 17» per 2801bs. Colonial oats, fine quality, 26a; common quality, 235. Beans, 30s 6d; peas. 25s 3d.
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Bibliographic details
New Zealand Times, Volume LVI, Issue 2212, 22 May 1894, Page 2
Word Count
148COMMERCIAL New Zealand Times, Volume LVI, Issue 2212, 22 May 1894, Page 2
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