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ENGLISH MARKETS.

Messss Milks Bros, jutd Co. report under date March. 14th, on the London narket for colonial -produce, as followa; — WOOL. There has bean co sew feature in the wool market since onr last, the demand on the part of our Home trade being' very inactive, while o_ Continental acconnt the competition has been biisk, the purchases for Germany showing a considerible increase. The best demand is for scoured wools, well pot up, and fairly tree from faults, prices for which continue pretty firm; but really fine wools, which commanded so much attention this time last year, are not sow sought after, aad medium to _ir fleece woolare alsodu-t of sale. Croe-bnedsaaweUasalllowand faulty descriptions have been bringing very low prises, bst as there are large parcels of English wool on hand (held over by farmers), and our new clip wiQ shortly be coming forward, there is no prospect of an improvement for some time to come. The sales will close on the 26th instead of the 27th, instant, as originally intended. Use new arrivals to date are: —

Boles. New Sooth "Wales and Queensland 22,013 "Victoria „. _. „ ... ... 56.521 Sooth Australia. 3,397 West Australia 330 T_«-v.-i. s ..38 Sew Zealand .".* ". ". ... 20.153 Cope of Good Hope 10.732 Total 114,3*3 -TV. z **!> VLOUS. ■rne tocreased firmaosa ia the wheat market •diged fa. oar last still continues, and fine parcels o- Home grown wheat axe held for higher prices, i»_-tT good samples being acaroe. For the same season, wm of the later arrival, of New Zealand, of excalleai quality __ _ gOo d condition, have been in request, re-toi_g up to 48s per 4961b5., although inferior are dull of sale. S_m>lies of foreign wheat have lately been more mod-rate, bnt several <_u_oes are shortly expected from California and the Black Sea. We <j 0 not, however -S-idpK-s ti—t the nurkat will be effected to any great extent, as heavy purchases continue to be xaage by Continental buyers. G_liforni__ wheat arrived is now worth 45s 6d, and Orego_ 47 s 64 per 500ib_-, eJ. and i. The total quantity oa passage to the United Kingdom from all sources is estimated at 1,315,-00 qrs. Stocks of Australian wheat here are co—si-arsbly reduced, and fnlJ prices are -skod for cargoes lately arrived. "We quota South. Australian wneat at 4Ss to 51s per 4931...; Victorian, 4Ss to i9s; New Zealand, <2s to 48s; inferior do. Sis to 40s- Australian flour, 27s to -is per 23tMbs. 1 :and Jfe w Zesuand, 2Ss to 20s. XAIiOTT *SJ> HH>_—. 33ie t-How market is still ia the same depreswd _*_*_, and prices co-tinue to decline. At public «-,!-- _>day C9l casks were brought forward, ol which 432 casks found buyers at a farther revue--ion of 3d tofti per cwt. The value to-day of good

to fine mutton is 34s 6d to 35s 9d, and fair to fine,] beef tallow S3s to 33s 9d per cwt. The present stock iv first hands is now about MOO casks. _ Hides axe in fair demand, and prices axs unchanged. B-«am kxat. . The sales of tinned mutton continue to improve, and prices are firmer. Compressed beef commands good prices, with a rea_y safe. The |«—_ ""P"??: tions of American fresh has caused - decline in Bank rates lowered yesterday from Sper cent, to 2. percent. —

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP18790430.2.4.2

Bibliographic details

Press, Volume XXXI, Issue 4290, 30 April 1879, Page 2

Word Count
541

ENGLISH MARKETS. Press, Volume XXXI, Issue 4290, 30 April 1879, Page 2

ENGLISH MARKETS. Press, Volume XXXI, Issue 4290, 30 April 1879, Page 2