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MONETARY AND COMMERCIAL.

♦ [Special to Fbbss Association.] LONDON, Junb 20. The Wellington Sanitation Loan of £165,000 at 4i\ per cent, with a minimum of 99, was subscribed nearly twice over. Tenders at <£95 5s will get 50 per cent. Three hundred thousand pounds worth of tenders were received for the Wellington loan at an average of about 10s premium. Mr Wilson is advising merchants to purchase Australian butter, in view of the present dearth of European supplies. At the opening of the wool sales 13,000 bales were offered. Competition was fair and the attendance moderate, but very few American buyers were present. Good crossbred and merinos were most in favour with buyers, prices for inferior sorts being five per cent below rates at the closing of the May series. SYDNEY, June 21. Wheat, chick 3s 3d to 3s 4d ; milling, 3s 6d, nominal; flour, New Zealand, Jßß; oats are firm, beßt bright feed 2s 8d to 2s Bsd ; seed, 2s 8d to 2a 9d ; maize, prime, 3s 9d ; barley, Cape, 3s ; bran, 8&d to 8f d ; pol- j lard, BJd to BJ d ; peas, Prussian Blue, 4s 3d; potatoes are firmer, Circular Heads £A 10s to £4, 15s ; onions, Victorian, £4 IBs ; butter, dairy made, 9d to lOd, ' faotory Is; cheese, prime, 4d; bacon, 6d to 8d ; hams, Colonial, 8d to 9d. MELBOURNE, Junk 21. Wheat 2s Hid to 3s ; flour, stone made JB6 12s 6d to £7, roller £7 to £7 15s ; oate, Algerian Is 10£ d, stout 2s 2£d; maize 3s sd ; barley, Cape 2a 2d to 2s 3d ; bran, 9d j pollard, 30d ; potatoes are steady at £8 to j£3 ss; butter, lid with a downward tendency; cheese; prime Zealand; in bond, Bid; flax is in email demand, fair to good brings *817 to £19. \ ADELAIDE, June 21. ) The wheat market is weak at 3s 2d; flour, roller £8 % oats, duty paid, 33 4d to 3s 6d ; barley, Cape, 23 6d to 3s Id ; bran, 9}d; pollard 10d to 10£ d.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/TS18930621.2.28

Bibliographic details

Star (Christchurch), Issue 4676, 21 June 1893, Page 3

Word Count
334

MONETARY AND COMMERCIAL. Star (Christchurch), Issue 4676, 21 June 1893, Page 3

MONETARY AND COMMERCIAL. Star (Christchurch), Issue 4676, 21 June 1893, Page 3