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Monetary and Commercial.

The .New Zealand Loan and Mercantile Agency Company, Limited, have received the following London telegram dated Juhe 24. "Wool. — The sales opened at an average decline on last sales' closing rates, of about 10 per cent for merino and 5 per cent for cross-bred. The attendance of both Home and foreign buyers is good, and their competition fairly active. The total quantity available, including wool held over from last series, is 462,000 bales, 60,000 bales of which have been forwarded to the manufacturing districts direct. Wheat. — Market inactive. New Zealand wheat, • long-berried, in granary, has declined 9d per 4961 b since last report. Other quotations unchanged since last telegram. 1 Received June 25, at 1 ■p.m.'] SYDNEY, Jujh 25. Heavy Weather. Heavy weather is raging along the Victorian and New South Wales coasts. BRISBANE, Jokb 25. Mr O. T. Wragge, the Government Meteorologist, has warned the shipping that heavy weather will ensue, in the conrse of a few days, between Gabo Island and Cook Strait. MELBOURNE, June 25. "Noble Six Hundred." 1 aum of .£250 has been cabled from here in aid of the Burvivors of the Charge of the Light Brigade. The Agent-General for Victoria wires that £5000 to jeiO,ooo is required, and that JJ2700 has already been subscribed.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/TS18900625.2.17.1

Bibliographic details

Star (Christchurch), Issue 6888, 25 June 1890, Page 3

Word Count
213

Monetary and Commercial. Star (Christchurch), Issue 6888, 25 June 1890, Page 3

Monetary and Commercial. Star (Christchurch), Issue 6888, 25 June 1890, Page 3

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