THE MARKETS

Ashburton Guardian, Volume VII, Issue 2138, 30 May 1889, Page 2

THE MARKETS

(PBB FBBSB ASSOCIATION.)

Sydney, May 29 The weather being experienced has caused a suspension of active business, and it is difficult to obtain accurately the position of the various markets. Wheat is m very full supply. Samples of the cargo per the Bnthwell Oaßtle have been shown, and offered at a price which will not leave much possibility of profit to the sellers. Wheat, ohick, is quoted at 8s 6d ; New Zealand, milling 4s 2d to 4s Bd, nominal ; flour, Slew Zealand, stone made, £10 5s to £10 15s ; New Zealand roller, £11 to £11 10s ; oats are m large supply, and the market is dull, good feed are quoted at 2s Bd, heavy feed, 8s Id to 8s 2d ; barley, cape, 8s to 8s Id ; bran is steady at 1b Id to 1 l£d ; pollard, Is 2d, firm ; peas, blue Prussians, 4s 8d to 4s 4d ; potatoes, New Zealand and Tasmanian, £4 10s ; circulars, £4 15s ; onions are quoted at £17, and owing to the scarcity of New Zealand descriptions holders are asking £18 to £20; butter, the market is glutted, best New Zealand dairy 8d to lOd ; New Zealand separator, Is to Is Id ; off sorts are unsaleable ; cheese, market glutted, local, 6d to 7d ; New Zealand, 6d to 7^d ; bacon, no New Zealand m the market, looal is quoted at 9£d to lOd ; hams, Is.

Melbourne, May 29 Wheat is quiet at 5s 7d to 5s 8d ; flour, stone made, £11 15s ; roller made, £12 to £13; oats, firm at 4s; barley is quiet, cape ex whart, 3s 9d ; New Zealand malting, 5s lOd ; bran, Is 3d ; pollard, Is 4d ; peas, 4s lid to 5s ; rye, 4s 4d.

Adelaide, May 29

The wheat market is dull. Farmers' lota, 4s 10d j shipping parcels to 5s 1 • flour, roller, £11 5 b to £11 10s ; oats, New Zealand, 4s 3d to 4s 4d ; barley, malting, 4s 3d to 4s 6d ; bran, ll|d to Is ; pollard, Is Id to }s 2d. London, May 28.

A destructive fly is attacking the hops m England. In consequence of its ravages the market is becoming excited, and holders are withdrawing their etooks from sale.

Wheat is firmer owing to the heavy rains which have fallen.

Mew gealand frozen mutton, 4j4d. (Received May 80, l.g pm.) Melbourne, May 30. The market for oats is m an oxoited state, and large sales have been made at 4s 2d.

London, May 29.

The quantity of wheat and flour afloat fortho United Kingdom is 1,572,000 quarters ; for the Continent,' 368;000 quarters.' The American visible 1 supply is 21,25/O,OQO btishels. ■;■ Shares m the New Zealand Jjoan and Mercantile Agenoy Company are quoted at £3 10s ; m the New Zealand Trust •ttd J^om Company £10,