MONETARY AND COMMERCIAL.
THE WHEAT MARKET. [Special to Pbess Association.] LONDON, August 9. The Back rate of discount is 3 per cent. Thirteen thousand quarters of wheat now shipping at Melbourne have been sold at 35s 9d. Tin is now quoted at £92 ss. Auoust 10. The total quantity of wheat and flour afloat for the "United Kingdom is 9,988,000 quarters, and for the Continent 352,000 quarters. The American visible Bupply is 23,000,080 bushels. A first pocket of the new English hop crop has been sold at £15 per cwt. The New Zealand Loan and Mercantile Agency Company (Limited) have received the following cable message from their London office, dated August 9. Wheat. — The market is easier. The ci.f . quotation for New Zealand cargoes, August-September bill of lading, is 34s per 4801 b. Hemp. — Medium quality is worth .£25 10s per ton.
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Bibliographic details
Star (Christchurch), Issue 6314, 11 August 1888, Page 4
Word Count
142MONETARY AND COMMERCIAL. Star (Christchurch), Issue 6314, 11 August 1888, Page 4
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