PRODUCE MARKET.

Akaroa Mail and Banks Peninsula Advertiser, Volume XIV, Issue 1166, 20 September 1887, Page 2

PRODUCE MARKET.

Tiir; Kγ* Zkalanp Loan avd Meiicatci!,!' Anr.M.'YCi'Ki"'.i:;v, i,i?iiT.':i>, report: —

Wool--'.'.n!i'er.ir.TiS svci-ivrd during the the progress of the London m 1( s ;Hv ; se c-f an »wrl;<!t. Sound, •A'dl-"n.-wn, L'vca'",- vonls of nil descriptions appear to be celling well, on a par with He closing rates of the last sciie?, but scoured nnd faulty display a decline of Ad to id per lb. 'From mnil rulvices we gather that Inisincsswr.s not so brisl: in (lit: manufacturing districts ns is usual at tins season of the year, nut future prospects are considered hopeful, ;ii'.-l the mi'liii i!fe work in jj lull time in the anticip.ition of nn improved demand. Trade in America *-as very fluctuatinp, but with the ndvent of winter trade more activity was ex. pected. From the Argentine comes the news that the pastoral industry has been carried on at a loss during the past 12 months, and this has been a^rnvrMea , by the actbn of Congress in maintaining an export duty on wool and skins. Sheep Jnrmers on the good land near the coast are turning their attention to yrain prcwint;, and it is believed that the maximum of wool production 1 1:1s been reached for some lime to come.

Cocksfoot seed meets with a steady demand for the execution of Southern oiders and local requirements at 4I half-penny per lb for good seed and three-farthings for prime towndressed. Seconds are slightly easier at 2d half-punny to half-pewny per lb. JJ,iiry Produce—Prime butter ia in cood request at *d half-pctmy to 8d ; cheese, verjdull, at vl to 3d half-penny. We understand tint cool chambers are bcin£ filled up in the for the conveyance of butter and cheese to London, nnd no doubt this opportunity of reducing stocks will be largely availed of by large holders.