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THE MARKETS

(P_R PBXBS ASSOOIATIOrf.) lokdon, Jane 13. Scgar is aotive and is still advancing. German beet is quoted at 25s 3d. New Zealand frozen mutton, s^d ; lambs, 6#d; New South Wales mutton, 4%d. The present stock oi mutton is 25,000 carcases. There is 00 sale for frozen beef. The tallow market is flat. Best mutton, 28s to 28s 6d ; beef, 27s to 27s 6d. SyD-TXT. June 14. New Zealand wheat is 4s 2d to 4s 6d. A further decline is anticipated, The cargo of wheat, ex Gatherer, from Sen Francisco, has been sold to c firm of millers, and will not therefore go into ' the market.

tfescra Nelson Bros, wire to the "Lyttelton Times " from Bastings as follows ;— "Frczen mutton market has declined; best quality, 4§i, second quality 3f i ; heef, hinds 3|d, fores 3d '; to which the following editorial note is appended " " This seems rather too sudden to be trae, coming co close ou the heels of the cable message reoeived yesterday, and the one one appearing above."

OHBISTOHUBOH, June 14. The "Lyttelton Times" reports as follows :— WHeAT.— Business during (he week has been of a very stagnant oharaoter. The position is In no way changed, and transactions have been chiefly remarkable for the smallneas of the volume. Tbe cable advices from England are not eneouragtog. and point to the faot that tbe prospects of the English harvests are deemed exo*Uent. Even with the comparatively low quotations given by tbe Shipping Companies for frelgbt. the in* duoements for tbe relief of present otooks m that direction are soffiolently d.tsrreut. The Sydney advices report a great acouenolatlon of stook., with a consequent ereaker feeling m prioes. In the face of ttbeec conditions it is no wonder shipments *t the moment have been greatly suspended. Locally values at the moment ese nominal. Tasoan at 3s 81 to 3* 91, pearl 3s 4d to 3a Bd.and Han tor's 3i 2d to 3s 3d; chlek iam^e« suffer la sympathy with the price, ruling for milling sorts. Oats remain firm at 2s 9sd to 2* lOd for mdllng, 2s 8d to 2s 9 i for stonfc feed, and 2s 61 to 2' 7<i for lighter descriptions. Notwithstanding the slaoker demand from the other side, holders are firm In demanding tbese prices , B-JU.-Y continues strong at Si 8d to 3s 10d for prime malting, 3a 31 to 3' 6d for medium to good. For the Sydney market there are enqalrles for malt, and several paroels have lately been placed at jMtltfaotory prices. Beam ahd Pias — The enquiry for heat.. Is not at all aotive at the moment, 3s to 3«2i representing quotations. Pets, feed, 3s to 8s ld ; Prussian Blues, 3s 6d to 3. 7d. Floub —Stone, &w lOi to £10 : roller, £11, according to brand. Potatoes .—Holders ere asking en adwsnee on the rates of last week. A large proportion of th) crop Is now pitted. At country stations 52s 6d to 55j Is asked. Gxass Sbbd— ln ryegrass little business , fiaa transpired. Cocksfoot has had fair enquiry, bnt- holders of good need are looking for higher prices than are current at present ; -id to 2|d for farmers 1 lots j ■represent quotations, while town maohine- . dressed commands 34 to 3£i. Lately the inquiry for seed for shipment to England ] has been more pronoaooed, but buyers will not look at anything not olean, or , that Is under 16! bto the bushel. DAIBT Pboducb— Butter is doll, tbe demand being nil. Stocks are accumulating, and relief must be found In London eonslgnments, onleis something transpires which at present is not observable. Prioes nominally at-od a* 7<* to 81. Cheese dull at 4d to Si. aooording to quality.

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THE MARKETS Ashburton Guardian, Volume VII, Issue 2149, 15 June 1889

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