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COMMERCIAL.

* “ The English Markets. MeasntMilea Bros. and. Go. report under date, May 6:— Wool.Vr-Our second senes of sales of colonial .wool will open on May 10, with tKo‘* <: fifll6wing quantity for offer. The limit, 350,000 bales, as arranged for these sales/having been passed on April 26, and. the list was therefore closed on that iay':—Victoria,ll2,3oo bales; New Zealand, 76,800 bales ; New South Wales and Queensland, 74,700 bales; South Australia, 41,450 bales ; Western Australia, 10,000 bales ; Tasmania, 6,800 bales; Cape of Good Hope, 42,350 bales; total, 363,400 bales. Of this quantity, 26,000 bales have been forwarded from ' shift Ilb . Yorkshire and the Continent, while there are about 30,000 bales of old wool held over.from last sales. Accounts from Bedford report a very unsatisfactory state of. business there, and some mills are only working half time; but in other parts stocks are reported to be low, and trade on the Continent has to some extent improved r ; the sales at Antwerp of River Plate wools, which commenced on the 20tli ult., having hardened since the opening.' About 148,000 bales have arrived for the August-September sales to ■ date..; ■ 1 . Wheat and. Flour.—Business in the corn market has been dull during the past fortnight, the purchases made by our millers 'being small, although wheats are quite Is cheaper, owing to large arrivals and tfae favorable weather we are having for our growing crops. In Australian cargoes only one sale has been effected, viz., the Michael Hutchinson, at 43s 6d per 4801bs c. f. and i. rate. In New Zealand’s there are sellers for prompt shipment at 45s per 4801bs c. f * L Australian terms, but no business has been dqne. ,-We understand, however, that two or three cargoes for April-May shipment to United Kingdom have lately changed hands at 44s 6d and 44s 9d per 4801bs c. f. & i. There is scarcely any New Zealand wheat in granary here. Heavy shipments of dour have been coming from North -America for some months past, and average 20,000 sacks weekly into London alone. Heavy New Zealand oats are scarce and in good demand, but inferior sorts are dull of sale. We quote ex granary, South Australian wheat, 47s to 60s; Victorian, 48s to 49s 6d; New Zealand, long-berried, 48s to 50s; good ordinary, 46s to 495; and inferior, 42s to 465, all per 4961b5; Australian flour, superfine, 32s to 345; household, 30a to 325; and New Zealand, 30s to 325, all per 2801bs; New Zealand- barley, malting, 30s to 36s per 4481h5; New Zealand beans, 44s to 46s per- 4481b5; New Zealand oats, fine, 26s to 30s; and common feed, 23s to 26s pet imperial quarter; New Zealand peas, 46s to 48s; Australian, 33s to 36s per 6041b5; New Zealand oatmeal,. 190 s to 210 s-per ton. TaQov and-Hides.—The demand for Australian tallow is good, and at p.s. today, of 1991 casks offered-1600 were sold at a slight decline from last rates, good to fine mutton bringing 35s 3d to 365, and beef 33s 9d to 34s 3d. Hides are without alteration.

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http://paperspast.natlib.govt.nz/newspapers/AG18810622.2.4

Bibliographic details

COMMERCIAL., Ashburton Guardian, Volume 2, Issue 376, 22 June 1881

Word Count
506

COMMERCIAL. Ashburton Guardian, Volume 2, Issue 376, 22 June 1881

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