COMMERCIAL.

Star (Christchurch), Issue 5256, 11 May 1895, Page 6

COMMERCIAL.

'Special to Pause Association/]

LONDON, Mat 9.

The Shaw, Savill and Albion Company has informed Mr Beynolds that it is impossible to reduce the freights 'on dairy produce from New Zealand to London. Tbe Now Zealand Shipping Company hae ef erred the question to the colonial Board.

Mat 10.

The weekly retumi of the Bank of England published to-day show the total reserve to be £27,514,000, and the proportion of reserve to liabilities 65*26 per cent.

Consols 106*.

Three months' bills are discounted at i per cent.

S New South Walas 4, per cents 115$, 3 i per cents 105; Victorian 4 per cents 106, 3| per cents - 101 ; South Australian 4 per cento 109, 3J per cents 104- Queensland 4 per cents 110, 3$ par cents 102}; New Zealand 4 per cents 111}, 3-J per cents 104$; Tasmanian 3a- per cents 103?- ; West Australian 4 per cents 117.

New Zealand long-berried wheat ex warehouse is firm at 26s 6d; South Australian wheat ex warehouse is firm at 26s 9d; Victorian wheat ex warehouse is steady at 26s 3d. '

New Zealand frozen mutton, first quality did per lb, second do 2£cL Lamb averages 8-J-J.

New Zealand hemp unchanged. Sugar firm. German 10s, Java 12«. No. 1 best Scotch pig iron, f.o.b. in the Clyde, 445.

At tho. wool sales the Continental buyers are the chief operators. Rabbits are selling steadily at B|d to 9d each.

Mr Valentine reports that the Hawkeabury cheese ex Thermopylae averages 49s per cwt.

CAPETOWN, Mat 10.

Tho Government proposes to include frozen meat in the category of preserved meats, thus raising the duty 2d per lb, provided other parties consent. Farmers are alarmed at the imports from the Australian colonies.