MONETARY AND COMMERCIAL.

Star (Christchurch), Issue 7339, 20 July 1892, Page 2

MONETARY AND COMMERCIAL.

[Speoial to Pbbss Association.! j LONDON, July 18. ' London importers assert that if ' the New South Wales freezing companies ship large consignments to Euglish markets, it is impossible that Australian frozen mutton will realise above 2M per lb. Wheat is 6d dearer per quarter on tbe last quotations. ; Tho Times states that trade proe- , pects are poor, and that there is j every probability of continued con- i : traction. j [Received July 20, at 10.45 a.m.l LONDON, July "19. | At a meeting of the shareholders in ; the New Zealand and River Plate ; Land Mortgage Company, Limited, |Mr Thomas Russell, a Director, i stated that the depreciation in New | Zealand securities, if written off now, j would not amount to £50,000. It | was resolved to abolish the Colonial i Board. | Silver 3s 3_d. ! SYDNEY, July 20. Chickwheat 3s to 3s Cd, milling 4s Gd to 48 8d ; millers are fully stocked with New Zealand sorts. Owing to the fall in Victorian wheat there is a diminishing enquiry for New Zealand, of which the quality is faulty. Oats, market cleared ; feeding 2s 8d to 2s 9d, seed 2s lOd to 38; j there are no stocks on hand. Maize 3s. { Peas, Prussian Blue 4?. Bran Is Id. Pollard Is 2d. Potatoes, New Zealand 5s to £2 10s, Circular Heads £3 10s to .£3 15s. Onions £3 15s. Butter, local dairy Ib Gd, factory Is 9d, New Zealand lv Cd. Cheese, New Zealand 7d. Bacon, New Zealand 7d. MELBOURNE, July 20. Wheat, quiet, 3s ll.d. Flour, stone -£S 10s to £8 15s, roller £9 9s to £9 15s. Oats, Algerian 2s l.d, stout 2a 3d. ADELAIDE, July 20. Wheat, quiet, 4a Id. Flour, stone .£9 to £9 sb, roller £9 15s to .£lO. Oats 3s 3d to 33 4d. Barley, Cape 3b Gd to 3b 3d, English malting 4s 3d to 5s 3d. Bran Is, Pollard Is Id.