London Markets

Southland Times, Issue 19006, 27 March 1903, Page 3

London Markets

Per United Press Association. By Electric Telegraph— Copyright

'" ■-- LONDON, March 24. Consols have fui-thcr fallen to 90J. The weakening. -is due to preparations for a Transvaal loan, and there are fears that the Home ffevenue will be below the estimate.

The- wool sales closed firm at the highest prices b'f the series. Market shares : Bank of Australasia. £7.0; Union -Bank of Australia, £35 10s ; N.Z. Iboau Coy.'s debentures, 8.2. The total' quantity of wheat and flour afloat • for-^he United Kingdom is equal to 2,37u*'000 quai-ters, and for the Continent 1,225,000. • Atlantic shipments for the week ending March ,20th were 103,000, bushels. Pacific nil.

LONDON, March 2."

Consols, 90^: 'Frisco wheat 1-12J- ; freight to Sydney lls. . The wool sold for home consumption totalled ?T'£. 500 bafe; for the Continent 71,000 ; fod America 6000;' held over.. J.7,r> ( Qo. As, compared with the January s ra£es ay.-iiiio merinos advanced f>, per cent. : . coarse gi'ades occasionally in sellers' /a-y-. ; oul; ; finewci'dssbreds are unchanged, but** medium 'recovered from fh'e:. opening, decline ; coarse, after occasional, weakness, hardened ajid a^he close was firm at opening- rat eft. Lambs' wool advanced 5 to 10 pvv cent. " N\Z. clips realised— Akiteo HJd, Otekaike, 82 d.

Per United Press Association

NAPIER, March : 26

The C:-^: and I). Co. cable -.—''Frozen MeaV; Market. To-day's'quota-tions are : Kbant,erbiiry mutton, 4;d ; Napier. 'Wellington and North' Island 3sd. "Lamb; l^t; quality, ojd ; the »|2nd quality, f>£d."

The-^N.Z. L. & ; M. (soy. ai-o, in _ receipt "of the following cable from, London : — "WooJL- sales h closed firmly this day. Since close of last sales prices, are 7$ pjer "cent. tQ, 10 per cent higher .for greasy , meriho lambs' super, greasy^mcr ii}O , greasy v nieri no laijibs', mediuni and inferior, 'greasy drossbred Uqjnbs: and al>out' ; s percent higher f oViine greasy crossbred, scour ed merino^ fine crossbred slip 6 and fine scoured crossbred. Prices are par to 5 per^efenft lo^er for medium greasy crossbred, coarse greasy crossbred, coarse, crossbred slipe, medium gcdured^crossbred, aiid coavse- scoured ci'ossbred."