THE MARKETS.

Ashburton Guardian, Volume VII, Issue 1775, 24 February 1888, Page 2

THE MARKETS.

P_R rBKSS ASSOCIATION )

London, February 21. The market rate for discount is now 1 24 P e * ceVit, being % below theßjnk rate.

Leather, nd to nj^d ; hemp, to Gum quiet.

Hydnev, February 23 New Zealand bran, dull, 65 • New South Wales bran, 6y£d ; pollard, 7d to 7 J4-d ; oats, bright milling sorts, 2s 2d j horse feed, is iod to 2s ; maize, 3s 3d, with downward tendency, sales hand to mouth ; butter (hand made), 8d j factory made, iod to nd ; cheese, loaf size, $d • large, 3d to 4d. There is a plentiful supply of New Zealand bacon, which is selling at od ; hams, lid to is.

Adelaide, February 23. Wheat is selling at 3s 2j£d for shipping parcels ; 3s for farmers' lots j 2s lod for outports; flour, roller made, j£B 10s to j£B 15s; oats, 2s 8d to 2s zod; barley, 5s to 5s 6d, for malting only. Melbourne, February 23. The grain sales were wall attended. Wheat, 3s 4}4d', feed grain is easy; oats, stout, 23 iod; barley, malting, s>^d; maize, 3s Bd. Bran dull. Sugar is selling steadily at reduced rates. London, February 23. { 14,200 bales of wool were offered at j to-day's wool sales. Consols have dropped to 101^. Tbe frozen meat by the Orient is selling at 3^d, and that by the Doric at 4J^d per lb.

The wool sales closed briskly. Prices unchanged. Twenty-five thousand bales have been held over for next sales. The December rates have been generally maintained, except for short and faulty descriptions, which have declined at id to i>^d.