COMMERCIAL.

Timaru Herald, Volume LVII, Issue 6061, 21 September 1894, Page 2

COMMERCIAL.

-o(PIR EIiEOTBIO TJBIBGBAPH— COPIKIBHT.)

(Pbe Pbbss Association.)

Received 11.30 a.m., September 20th Londok, September 19. The total quantity of wheat and flour afloat for the United Kingdom is 2.350,000 quarters, and for the Continent 1,270,000 quarters. The American viaible supply of wheat is 8G,500,000 bushels. Bank of New Zealand shares, nsw, £3 ; old, £2. "" i

There were but few American buyers it the wooi sales, but more are expected laily. Mr Valentine, the New Zealand dairy Jxpert, m view of the present stock of Jairy produce In London, the increased production, and the inadequate eyatem of distribution, urges that some better method of distribution, based on a joint action of all the colonial producers, should be adopted. Received 2 p.m., September 20th. Mr Valentine's außgestion for a better method of distribution refers to butter. At the wool sales opening rates remain firm. Competition has improved, especially m better classes. New York, September 19. The New York State Republican Con. vention denounce the surrender of 8,000,000 dollars yearly of the wool duly. Received 1.20 a.m., September 21st. Ottawa, September 20. Mr Bowell, Canadian Commissioner, who recently visited Australia, is canvassing merchants of Ontario m favour of an established trade with Australia, Mr Clark, Canadian representative, sails on a similar mission to Australia shortly. Prices are maintained at tho wool sales.