THE MARKETS.

Press, Volume XLV, Issue 7173, 8 October 1888, Page 5

THE MARKETS.

(per press association.] Received October 6th, 11.45 p.m. LoNDOtf, October 4. A hundred New Zealand frozen bullocks have been sold at £10 each; New Zealand frozen mutton at ; Australian do at 4|d. At to-day's auction 9000 bales of wool were sold. The present series close on October 10th. Received October Bth, 12.45 a.m. London, October 6. ; Wool is slightly easier, owing to the inferior selection offering. Continental buyers purchased about half the quantity on Friday, when 13,000 bales were sold. For to-day's sales, 10,000 bales are catalogued. One hundred and thirty bales of Australian leather sold at a farthing decline on last quotation. Two hundred and fifty bales of basils sold at from a farthing to halfpenny advance. The New Zealand Loan and Mercantile Agency Company, Limited, have received the following cable message from London office, dated sth October :— Wool—The market is unchanged except for superior scoured merino, which has advanced Id per lb siuce close of last sales, coarse crossbred, for which the market is easier, and greasy crossbred lambs, which have declined Id to per lb since close of last sales. Up to date 163,000 bales have been sold. market is firm and prospects good. Good beef and mutton tallows are worth respectively 27s 6d and 28s 3d per cwt.