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COMMERCIAL.

The English Markets

Messrs Miles Bros! and Co. report, under date London, Feb. Ist Wool!— Tho lirst series of sales for the prfetent year has been fixed to commence on the 16th insfc, and as the-quantity was limited to 300,000 bales, and the arrivals nofw amount to 310,350 bales, the lisi will be’Closed at four o’clock to-day. The woollen trade has lately been rather depressed, dnd ip France business shows no consequently it is expected that prices for some wools will show a decline wheri the Sales open ; but we hear that stocks'are everywhere’ low, and good wools are likely to maintain their value. The public' sales at Antwerp closed on the 27th ultimo, ahd of the 668 bales of Australian wpol offered there 387 bales were sold, atabout AI per lb below last London rates.’ The new arrivals to date are : —New booth .Wales and Queensland, 6.8,930 bales ; Victoria, 142,753 bales; South. Australia, 46,5-42 bales ; Western Australia, 246 bales ; Tasmania, 127 bales ; New Zealand, 11,117 bales ; Cape, 40,630 bales ; total, 310,350 bales ; and about 15,000 bales old stock. , WinsAT 'isD Flour, yJ-Thd wheat market has been very inactive during the past fortnight, and supplies from abroad ha.ve beeti fhrge, with considerable deliveries from* ourEn’glish farmers. The supply of New Zealfrtid .'is now limited, but the demand is Very Weak at a decline of per- qiiiiifler. "In Australian, a cargo off coast was 1 sold on the 7th hist, for Diinkirk/for 47s Cd, and ;as a Coutinental demand has-Sprung up'lately, coast cargpeff afe’brihgnxg rather better prices. *» dadoes'for'distant arrival yciy little .is doing” ; ’ The’ 1 Surplus in America is still very heavy, and millers here continue to operator verji ctiutiOrisly. We quote to-day, ex granary*; Australian wheat, 49s 6d 50s to Cd -per 4961bs ; - New Zealand (longberried), 49s to 50s ; ordinary, 44s to 475; and inferior, 40s to 435. Australian flour, superfine, 33s to 3os per 280ibs ; house-: holds, 30s to 32s ; and New Zealand flour, 30s jtps2s. ( jNe.w Zealand barley, fine malting 42ij--pep 4481bs ; inferior, 25s to 2Ss. NeW Zealand beans, 45s to 47a per 4481bs ; New Zealand oats, fine, 28s to 31a per imperial quarter ; and common feed, 22s to 25s per quarter; New Zealand peas, 46s to 43s per 5041bs ; and Australian R.eas, ,32s to 35s per 5041b5. New, Zealand-oatmeal, L 9 10s to LIO 10s per ton.

Tallow and Hides.— -The tallow market has been somewhat quieter, and at sales -jp-day only BGO casks of Australian were sold out ,pf t 1)2.00 casks offered, at a decline',of 3d itp 6 a per cw.t on both: mutton apd. beef, the former realising from 35s to-87s for middling to good, and the latter 33s 9d, to 34s for fair quality. The stock'in.importers’ hands now amounts to 7,800. casks./ „.Australian hides were: .in request/ yesterday, and heavies declined aiid occasionally light and cowB # the samje. T,he;sto.ck_ is now large, Tiz.,*abopj£ liides..Pkeserved Meats. —There is still a very fair demand for .tinned moats, beef being in largest demand. In fresh meats : we have-togivc a very satisfactory .account of the shipments ex Protos, s.s., from Australia. It arrived in excellent condition, and the flavor; was quite equal to English meat.

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Permanent link to this item

http://paperspast.natlib.govt.nz/newspapers/AG18810331.2.4

Bibliographic details

COMMERCIAL., Ashburton Guardian, Volume 2, Issue 307, 31 March 1881

Word Count
529

COMMERCIAL. Ashburton Guardian, Volume 2, Issue 307, 31 March 1881

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