THE MARKETS

Ashburton Guardian, Volume VII, Issue 2046, 25 January 1889, Page 2

THE MARKETS

-r:— —. « c=»=r (fKB PRBM ABBOOIATIOK.) London. January 23.

The date for closing the wool sales has been extended from the 29th Jan. to 2 let February. Two hundred and fifty five thousand bajeq are available.. An unprecedented quantity has gone direct to tb,e weaving districts. This circumstance is expected to affect the 1 prospects of faulty and inferior merino. Australian froaen meat is m less demand. Prime New Zealand mutton 4d per lb, I. Lokdok, Jtpbarjr 24. The money market is declining owing to an expected early reduction of the i Pirak; raft. For tpree jnoiaWbills 2j 1 Per cent is asked. j The American visible wheat supply is , 86,625,000 bushels. The total quantity i of wheat and flour afloat for the tfpttea • Kingdom is g,468,000 quarters, and for I the continent 376,000 quarters. The [ English wheat market is weak, the Con- • tihental depressed, and American in- | active. Bydney, January 24 . h Potatoes are quoted at £10 to £11 p per ton, Wamambool £$ to 410} 1 onions, New Zealand £10, Victorian • £11 j chaff, New Zealand £6 10s, Ade- ,' laide £7 15s ; oats, 3s 6d to Ss lOd, milling; 4s to 4s Id ; wheat, chickfeed ! 8s 9d to 4s, milling New Zealand 4s 7d; Cape barley, 3s 9d to 4s ; butter 6d to { 9d, nominal and market glutted ; cheese, 5d to 7d ; bacon, 9d to lOd } lard, best bladder 7d to Bd, bulk 4d to 6d. Mkkboubnr, Janntry 94. The wheat market is quiet. Latest quotations, 4s 6£d j flour dull, stone made, £1Q per ton ; oats, 4s 5d ; maltJng barley, 6s. % Adblaidjb, J«naary 24 Wheat, dull-, for farmers' lots at Por^ Adelaide, 4s 6d } for outports, 4s 4d ; New Zealand oats, 4s lOd; malting barley, 5s 6d,