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COMMERCIAL.

The English Markets.

The following is. Messrs. Miles Bros, and Cp-’s Colonial Produce Report, dated London, Dec. 2nd :—.

W6pl.—The fourth series of soles of colonial Wool commenced on the 23rd ult., with-an available quantity of 121,000 bales, as under, including, say 30,000 bales old wool: —Sydney and Queensland, 16,600 bales; Port Phillip, 24,000 bales ; Van Dieman’s Land, 1,100 bales; Adelaide. 9,000 bales; Swan River, 300 bales ; New Zealand, 27,000 bales; Cape, 41,000 bales; total, 121,000 bales. The attendance at the sale room hasbeengood, the demand on the part of the Home trade being active, and Germany is also taking a fair proportion, but French buyers are operating with much reserve, trade-in France being still very dull, Scoured merinos and the better description of crossbreds are to id per lb dearer than in August, while greasy wools are? bringing about the same prices as were then ruling. Anything of good length and sound staple, with light condition, is well competed, for., Some of the new clip from Australia has been offered, but being chiefly in the grease it has not brought the long prices it probably would have done had there been good French competition. A better business is doing in our manufacturing districts, and stocks are light. Wheat and Flour.—Owing to a speculative business, prices have fluctuated to some extent during the past fortnight, but they are now about the same as they were at the date of our last,report, and the market is not very active. Inconsequence of the unexpected closing of internal-navigation in America through frost, holders advanced their prices, but as orders de-, creased, these were not maintained. Our millers are not purchasing very freely, and stocks in the country are rather low. There hrcuiow 1,650,000 quarters of wheat on passage to the United Kingdom, against 1,783,000 quarters this ; rime last' year. Australian cargoes on passage have been sold at S os > S IS > and 51s 3d per 48olbs, c.f.i. We quote on spot—South Australian, 51s 6d to 52s fid ; Victorian, 51s to 52 ; and New Zealand longberried, 50s to ,52s ; average quality, 465. to 49s;,and inferior, 42s to 45s per 49filbs ; Australian fldur, 35s to 375, and New Zealand, 33s to 35s peraSolbs; New Zealand oats, superior, 28s to 345, and common feed, 23s to 27s per Imperial-' 'quarter; barley, 35s to 42s per 4481b5; beans, 45s to 47s per 5401b5. Tallow and Hides, —The tallow market has been- quiet, and during the fortnight about 3,480 casks have been sold out of 5,283 casks of Australian offered. Prices have declined, the present value of good to fine mutton being 34s to 35s fid, and fair to fine beef 32s fid to 33s fid. The hide market has been dull, and pn?es.are Jsd to lower. We quote New Zealand heavy, ist sXdper lb, and light and cows, S Mid to 5X per lb. Preserved' Meats.—The demand for tinned rnuttpn and beef has not been so active lately, and business has been chiefly confined to fancy descriptions. In American fresh meat a rather better business has been doing, but prices are still unsatisfactory. •

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http://paperspast.natlib.govt.nz/newspapers/AG18810119.2.4

Bibliographic details

COMMERCIAL., Ashburton Guardian, Volume 2, Issue 246, 19 January 1881

Word Count
516

COMMERCIAL. Ashburton Guardian, Volume 2, Issue 246, 19 January 1881

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