THE MARKETS.

Press, Volume LII, Issue 9012, 26 January 1895, Page 7

THE MARKETS.

Presa Association— Br Telegraph—Copyright

London, January 18. The butter market is flat, and prices are irregular. The estimated American visible supply of wheat is 110,100,000 bushels. A cargo of Adelaide wheat ex Dunloe has been sold at 25a £d. Three thousand cases of Kauri gum were offered at auction of which 2COO were sold. Good sorts show an advance of three to five shillings j three? quarters soraped realised an average of 75s ; half scraped 47a f The slocks now in hand amounts to 2700 cases.

-•■'■■ January 19. The importers of tallow continue to complain of the delay in obtainiug consignments, and the Committee appointed to inquire into the matter suggest that ships should be bound over to make complete delivery within 336 hours after arrivg£

■ 6 ,.,, January 23. The average price of English wheat ie2os'B&' v r , "

Messrs Saunby and Harrison, of Liverpool, state that , the trial shipment of rabbits was spoiled owing to the length of the cutting for paunching. They should only be opened two inches, otherwise they cannot be accepted. The heavy freight charges compel them to reduce their offer to 8d a couple.

The Argentine harvest ia backward, and the quality disappointing. There is expected to be a surplus of five million quarters for export. Wool has been improving all the week, and the tone of the sales is now very good, and the opening decline has nearly recovered. Superior merinos are fully equal to December prices, and there is very keen bidding all round. A large quantity of South African is being offered, and American buyers are taking, the best lots.

Messrs Dalgety and Company, Limited, have received the following cablegram dated London, 19th inst, :— Wool .sales continue firm, with an upward tendency. The demand is chiefly for the better descriptions of wooL American buyers .are operating freely* French buyers are very reserved. Wheat in general is lower by 3d. Tallow market steady.