Commercial.

New Zealand Tablet, Volume XXVI, Issue 31, 8 December 1898, Page 66 (Supplement)

Commercial.

For week ending December 7. S'lui hi and nil utKS.— London, December 2. — Three mouths' billa are discouuted at 3J. Cojfeols, 110 J. New Zealand 4 per cent. stosk,'ll3J (6s higher) ; 31,3 1 , do, 109 (."is higher) ; 3 do, s»9\ Wool/.— London, "December I.— The wool sales are brisk and prices well maintained. The Longburn (N.Z.) cl p brought 6gd. London, December 2.— The Bradford wool market is dull. Common sixties, X "d ; supers, Is B\d The first wool "sale of the season was held at Timaru ou Friday, when 2,883 bales were catalogued, against 5,167 bales at the first sale last year. Merino and halt-breds were in particular demand, the former beiag only lower, while the latter was id higher than at last year's opening galfl. Coarse and heavy three-quarter-bred and cross-bred suffered a decline of Id par lb. Half-bred sold up to 7>d : three-ciuartcr-bred, 7d : cross-bred, 6£d ; longwools, 6Jd ; merino, 7d ; pieces, 5d ; locks, 2}d ; scoured, Is ; slipe, B^d. As an outcome of outside competition the New Zeiland Shipping Company an 1 the Sluiw, Savill Company have conjointly agreed to reduce the ruto of freight by sailing vessels to five-sixteenths ot a penuy per lb for greasy wool. The new scale will be brought into operation at oncu. London, December 3. -The wool sales close ou the 13th inst. There was a good selection at to-day's Bale. Continental buyers purchased the bulk of the merinos and crossbred!), which show a slight advance on the opoDing rates. Produce —London, December 2 —The butter market i 6 excited. All colonial consignments have been clearei. Choicest brought 112s; finest. 108 bto 110s : Danish, 120s.