Commercial intelligence. ENGLISH MARKETS.

Timaru Herald, Volume XXXIX, Issue 2831, 19 October 1883, Page 2

Commercial intelligence. ENGLISH MARKETS.

Me39i'3 Miles Bros, and Co., report uude WOOL. Since the opening of the sales the attondanc has been more numerous, but no improvemen has taken placo m the price of wool. Ou homo trade are operating freely, bnt Frenc buyers still act with considerable reserve consequently all Australian and New Zealan* greasy wools remain depressed, the decline o: theso descriptions being £d to Id per lb fror therate3 ruling last series. Good scoured ant cross-bred parcels are bringing June prices Fine lambs' wool is bringing high rates, bu Capes, both sconrcd aud s^reasy, show Ad to Ii decline. Up to the present time 1-10,500 bales havi been catalogued, loaving some 271,000 bale for sale. About 1ti,500 bales have been with drawn. Tho new arrivals for Novembe are : — Bales. New South Wales and Queensland ... si>t Victoria, 110 South Australia. ... ... 83 Western Australia ... ... — Tasmania ... ... ... 89 Now Zealand ... ... ... SOD Cape of Good Hope ... ... 7335 Total UUoS WHEAT, I'LOUE, ETC. Tho parcels of home-grown wheat Intel; placed on the market m excellont conditioi and pressed for sale have given a still weake tendency to prices, the large supplies of foreigi wheat now being worth 3s per quarter les money. The total quantity afloat is estimatei at 1,900,500 quarters against 2,230,000 quarter this time last year. Australian is now heli for tSs per lOtilbs. Now Zealands have beei iv large supply with only a limited domand and being brought into competition with Kng lish wheat, prices have given way. Wi quote long berried Ws to -ISs ; fair t< good quality round-berried, 41s to 'tis and inferior and out of condition lot: 33s to 39s per 49(5 lbs, ex store. Off coast, 41; has been taken d. d.s. for Plymouth. Floni is Gd per sack cheaper, with slow salo. Aus traliau superfine is worth 33s to 343, and Ncra Zealand 27s to 293 per 280 lbs, ex store Common oats are cheaper. We quote heavj New Zealand, 31s to 32s per 381 lbs, ex store medium, 26s to 27s per 3o01bs; and light, 21; to 22s Od per 320 lbs. Barley is unaltered viz., best quality, 3ia to 355; aud ordinary quality, 30s to 32s per 448 lbs. Best bean; bring 41s to 42s per 504 lbs ; and finest peas lls to 425, fine 38a to 395. TALLOW, HIDES, &C. Since our last advices the tallow market ha; bean firm with a. good demand for Anstra lians. Prices, however, aro slightly easier, th( value to-day of good to very fino muttoi being Us to 42s 3d, and fair to fine beef 39s 6c to 41s per cwt. Inferior descriptions eontinm ia request at full comparative rates. The im ports have been large, viz., 9100 casks, out o! which 7382 casks have been delivered ovei side, mostly for the continent. Tho stocl now m first hands amounts to about 9t>o( casks. Hides have been m fair request ai from lato prices to a slight advance, whilst basils aro slightly easier. Rabbit skins — The noxt sales are fixed for the 14th inst. FROZEN MEAT. The mutton ex s.s. lonic continues to turr ont m splendid order, prices at the beginning of last week being- about ti^d to 7d ; rathei lower m tho middle of the week on ac count of small demand, but recovered on Friday and Saturday. This week's demand has been steady at Oid aud 7d. This cargo is now probably nearly half through. aud thero is every prospect of its finishing a1 tho present prices. Tho lambs havo averagec nearly Sd, and pairs of hind-quarters of muttor about 7Jd. This is a bad time of the year foi hind-quarters or legs of mutton, so manj people being out of town ; best parts aro uot iv such demand. Tho Chimborazo's cargo of Australian shoey aro going off steadily at od to old. For tho small sheep ex Paragua, from the Eiver Plate, thero is little or no demand during the beginning or middle of tho week, but they sell freely on Saturdays to East End butchers at about 4d. About 900K have boon sold, leaving 8000 yet to be disposed of. MONET. Bank rate 4 per cent.