London Markets.

Wanganui Herald, Volume XXXII, Issue 9390, 17 March 1898, Page 2

London Markets.

(By Electric Telegraph— Copyright.) (Per United Pross Association.) (Recoived March 17, at 10 a.m.) London, March 16. Tho English wheat market is flat, Continental is advancing, ond«American is unchanged. Californian No. 1 milling, 365, Russian cargoes, 37s Cd; London quotation hard duluth, 425. The Bradford wool market is hardening. At to-day's auction kauri was in strong demand, 1515 cases are offering and 1093 were sold. Three-quarter scraped, 112s to 115s. The stock now consists of 543 cases. Butter is slow ; colonial 104s ; a few lots 106s ; Danish, 106s to 110s. Cheese is flat ; New Zealand, 89s. > Rabbits are quotod at firmer prices. Australian, lOd, with forward tendency. Frozen meat — Crossbred wethers, maiden ewes, Canterbury, 3jjd ; Dunedin and Southland, 3Jd ; North Island, 2 13-16 th d. Lamb— Prime Canterbury, sd ; fair average, inoluding Dnnedin, Soutliland, Wellington, and secondary Canterbury, 4f d ; River Plate, crossbred or merino wothers, heavy, 2jjd, light, 2Jd. National Bank shares, £2 ; Bank of New Zealand fours, 103 ; New Zealand Loan and Mercantile prior lien fours, 98. The quantity of wheat and flour afloat for the United Kingdom is 3,280,000 quarters, and for the Continent 540,000.