ENGLISH MARKETS.

Temuka Leader, Issue 1549, 5 February 1887, Page 4

E NGLISH MARKETS.

| London, Feb. 1. Australian tallow 25 s 6d muttori, 30s. 'jThe total stock of tallow in London is 100.000 casks. Scotch pig iron is quoted at 475, and corrugated iron at £ls per ton. Atr the wool sales 'to-day ”13 ; 600 bales At the wool sales to-day 1150 bales jpere offered. ■/Prices wer? firmly main-); ’ tx ned. Greasy scoured wool is about Id •higher, andcrossbred idi.bigher than ,at; las sales. The New Zealand Lean and Mercantile •Gompany- ; (LiiSiite(?) J hafe just receired the following cablegram from London, "dated Ist Feb,, 1887 7 n’>; 5 /.**, vt —Competion is increasing, and marketjs firmor. Superiorugressy; > fine: and coarse-greasy oroasbredbaveadvaneedid[per v >lb; 1 , iUp;to ( dfte §9,000 bajesylyave 1 f be6ri aeld.'i’.' g.< t .} f: ;0; 1 r/ Wheat—Market- is flat.,, Victorian is worth 38s 6d per' '496lba'; New' Zealand, average is worth . 37s dt96lbs ;. T d 0,., lotig-beriied is Victorian, to arHve,’ 1 bi'iroA‘ship, is wqrthy o.Lf.J 37s 6d per 4801bs;ji ' 1 •' Tallow— (Send m,p|tori is g6’’oa%%ef'-25s ! '|a1r > CWs. . i 1 ' , 1 ■ if.' fi) , 1 *.• *. t'M .* • ■ Leather-i-Markeb' firmer; f Quotations un|cl\angeitl.;:. -i /. T{ l!<) 8 .'•[ d U 'I Froper^M^ait—Marketquiet. ~„se.wf ; Zeplana’mutlpn, wpight 60 bs is'wbtlh 4|d per Ibi A - ! ! 1 |*o|n and, report,!!.dated'' MT.th'.UDec;,! /1886 y! I we’ mqke the following exbabts :— y jiVool—tPricea current of the New Zea- 5 land u wools'-are given 1 in- the i fodldwing i '; merino -(arerage)*, flk 8M per lb do do (a veiage); -Is Hi do!dd; (inferior), Is 2|d; washed* niefino : fegriasy’lmetindl (superior), ] lljdj do 1 do ' do .(inferior),:, 7sd ispoured crossbred (fine), Is.sJd; dodo (course), la 2d washed prpssbred (fine), ;ls j4|d; do ' do : (coarse), Is 2d ; greasy crossbred’(fine), llsd ; do. cd (codrse)’, 9d'. ;/ Corn Since the date ot our lasi issue tba b 00 ! 1 • .variable, ia/sbccessioh'of cold clear’ days being followed by heavy rains and unseasonably high 'temperature. The'forimertperiod, hoWever,,enabled the majority of English 1 farmers 'practically f .to complete 1 '‘ttieir ' antu ibn. so wing Operational abd i£is,#ojjr generally irepbrted fh a t|the. Jijtys, put bri’derwh'pat again shows (f reductlba: as s ooVppafed I '' will! the total, Wadtli similarly treated'in the ’ proceeding year; L’hje Wheat trade,h«a mean While remained '• veiy fir.n, ; though not active, the advanced prices loi"Whicli stocks were held serving to ioheck business for a time. , At the c'ps? of the last week and at the 1 beginning of present,. bo'wever, dealers evinced rather more inclination lb accept the altered position of affairs, and have latterly purchased’ with r ither. mote ’ freedom. I'oteign imports 'and farm-r/ deliveries have together iticrea?ed in volume, but to ; only 'a libited extent, “ the aggregate receipts for the past two weeks filling 'appreciably short of the estimated com sumption; The market here closes’ firm at an 'advance on most descriptions of wheat equivalent to Is at 2s per quarter. Ort lli'e ; Continent, too,' the tradW him gained strength, and pi ices have recently ,undergone a-une improvement. The only sale of new Australian wheat thus far ,rppofted, : 'ib one ! of : a small parcel' by sailing vessel), for prompt shipment to iLondon, at' 3’6s'9d per 480 lbs, c.i.f. Supplies on passage and shipping to the United , Kingdom -are now given at 1.566.000 quarters as compared with I,696,s4o''quarters, n fortnight ago, and 1,634,500 iii in 1885. The American "visible supply ” is at present 59,928,530, bushels as against 59,572,018 : bushels

[ two .Weeks ago and'.68,149,717 btishets at n corre?popdiAg;i Adate in 1885. ■Ex store, Australian wheat being |, ijnabort supply has r inarfe ( iibout the nd- ! abpvq rifled,;,;^(o.ck» of New Zea r . labd! narrpw compass, and but ■ sales; havo beeu effected,[chiefly in American brands, at Is per:sack more rrionsy. 'Qpirig to the large available supplies of second-rate English/barley, only the finer malting parcels of •'New Zealand origin , Have been 1 in' Request, ''and these have , commanded full'ruie'B,i ForiN'ew Zealand; oate there has been some inquiry, but stocks ,are practically Beans, and peas, ijave met a ready demand at an .improve-ment-of 6d to Is per quarter. ,At a slight, jrbduction inquojwitiona for, cocksfoot grass thereihas been sdmeanerease' in the number- of trans'actiofi's:; completed j and Uie available stocks' have beeh appreciably reduced;' .To-day's qu6tationß, :i ex granaryy are as fblfow'';—'' ,',' ::: , ( , s '" q j Australian 'Wheat';' 37s t 6d' ; to 38s per 4961b5. Ne^;'Zealaod.' v bjerried.ijirie, 35s to, ,365; medium r 34s, .tyMfcißd.,,'.'.. '■-.■' ..... i* ';'..: , I Australian Flour:—Superfiae; 25s pel to ; 26s<6diper'2801b8. : >»;■■<.. ' [New Zealand Flour—Fine,> 21s 6d •to 23a per 280 lbs. •: New Zealand Barley—No. 1,36 ato 40s p^r;^ib's ( -N0.'2,303,t9 ; 335.;,,;;:/; y ! New Zealand Oats— Heavy, 30s to*. 32s per Imperial quarter; ordinary, 26s to 2$S. I"'-***- ■ " .'■ "'■■;■ ' ■• ■

jNew Zealand Beans—No. 1,36 s Jsd to 37s 6d'persio4lb3, V "'■■'■'.;.. 'V jNew. Zealand > Peas—Average, 36a to 38s per 5041bs ; wrinkle, nominally, 60s to}6o3i '■• >'_.y- ,' -■' ; '