COMMERCIAL CABLEGRAMS.
o ADVANCE IN WHEAT, PROBABLE EFFECTS OF WAE. London, April 19. Wheat is very strong. Mark Lane shows Is to 2s advance on the week. A parcel by an Australian sailing vessel, due in April, Bold for 383. A parcel by steamer, due in May, sold for 38s 63. The arrivals of wool to date amount to 312,500 bales, of which 120,000 bales have been forwarded direct to manufacturing centres, and 208,500 bales aie available for the next series. ' Experts consider that in the event of war wool will decline, in price owing to the decrease in the American demands. Grain and frozen meats (especially beef), tinned meats, hides, and leather will on the other hand show a hardening tendency.
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Bibliographic details
Otago Witness, Issue 2303, 21 April 1898, Page 30
Word Count
122COMMERCIAL CABLEGRAMS. Otago Witness, Issue 2303, 21 April 1898, Page 30
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