COMMERCIAL.

Star (Christchurch), Issue 5339, 17 August 1895, Page 6

COMMERCIAL.

0 [Special to Pbess Association., LONDON, August 15. The Tekoa's sheep averaged, alive, 355. The Southern Cross lost 1 horse, 22 cattle and 30 sheep. The Southern Cross cattle died from the effects of bruises evidently received in shipping, the sheep from exposure, and the horse from acoident. [The Southern Cross left Sydney on July 9, her live cargo consisting of 550 cattle, 488 sheep and 29 horses. The cattle, with the exception of 100 head, were shipped by Messrs Bergh and Brabbin, the Liverpool firm which is exploiting the Australian meat trade. The reßt were on account of various shippers.] It has been arranged that the TJrmston Grange shall deliver 25,000 sheep direct at Liverpool, and, if possible, 10,000 at Cardiff. [The Urmston Grange, 3400 tons register, left Sydney last week with a live meat cargo of 230 fat cattle selected by Messrs Pitt, Son and Badgery, Sydney, for Mr John Cooke, Melbourne. Her frozen meat cargo consists of 65,000 carcases mutton, and 6000 quarters beef. At Buenos Ayres she iB to take on board 1100 fat Bheep.] Mr Mackerrow, a Manchester shipper, reports that he has sold beforehand the whole of the Timaru's cargo at a satisfactory price, which proves the readiness of Manchester to begin a direct trade. He desires the colonies to know this, in order to dispel doubts as to the capacity of the trade. Other offers will follow. One steamer with mutton, tallow and butter will leave Australia for Manchester in November. [The shipment per Timaru was from Melbourne, and consisted of 16,000 carcases of mutton, about 10 per cent of which were orosß-breds. The; were shipped by Messrs John Hotson and Co., the head of which firm, it will be remembered, recently delivered an important address to the Manchester Chamber of Commerce, on the frozen meat trade.] The weekly returns of the Bank of England, published to-day, show the total reserve to be £29,348,000, and the proportion of reserve to liabilities 58*52 per cent. Three months' bills are discounted at £ per cent, with market firmer. Consols, 107,. New Zealand long-berried wheat, ex warehouse, nominal, 26s 6d; South Australian do, fiat, 27b; Victorian, weaker, 275. New Zealand frozen mutton, firßt quality 3|d, second do 3|d ; laipb 4d. Sugar— German beet 9s 7d, Java lis 10_d. Butter— Danish, from 90a to 100s per owt. Peas— Colonial, 25s 6d. The wool sales at Bradford are firm, with an upward tendency. The following are quotations for colonial stocks:—

Variationas compared — Price. -with last week. '" JB c. d. 4 per cent New South. Wales 115 15 0 unchanged 3$ per cent New South Wales 107 10 0 unchanged 4 per cent Victorian ... 108 0 0 SOs higher 3£ per cent Victorian ... 10115 05s higher 4 per cent South Australian 112 0 0 unchanged 3 \ per cent South Australian 105 10 05s higher 4 per cent Queensland ... 11l 5 0 10s higher 3£ per cent Queensland ... 104 10 0 unchanged 4 per cent New Zealand ... 112 0 0 unchanged 3$ per cent New Zealand ... 106 5 05s higher 3$ per cent Tasmanian ... 104 10 0 unchanged 4 per cent 'West Australian 120 0 0 unchanged