PRODUCE MARKETS.

Akaroa Mail and Banks Peninsula Advertiser, Volume VII, Issue 643, 12 September 1882, Page 2

PRODUCE MARKETS.

The Now Z-aland Loan and Mercantile Agency Company (Limited) report on, the Prod a c Markets for the week ending September 7ih ns follows: — Wool.—Advices regarding the opening of the series in Loudon, (in 22nd August, reached the Colony on the; 24th idem, and we regret to observe that our anticipations of a further decline iv cross-bred*, when coming into competition .vit'h the domestic grown staple, have been fully confirmed. Tbis inarke I depreciation in the value of a very important farm product must somewhat disappoint the expectations of tic 1 many who are shaping thoir ends to the growth of heavy sheep for the Frozen Meat Trade, as a poition of what is gained in carcase will appirently be lost in the wiiol.E Our latest telegram, however, reports a slight reaction in favor of coarse cross-breds, which no doubt will lead to a recovery in values. The demand for combing merino appears satisfactory, which may be attributed to the known inferiority of the Australian wools this year. The effo'-t of the recent 'drought in Australia is displaying itself in a tenderness and shortness of staple which must cause an unusual preponderance of clothing and scarcity of combing qualities. The season throughout New Zealand has been highly favorable 'to the growth of wool, and ihere is every probability of the clip proving healthy and strong, thereby enabling the colony to supply a portion of the deficiency in combing wools, arising from the causes above refer roil to. The snecens of the local sdes ai th"! ediief centres of the wool bade in New Zialand during the last season, gives promise of largely increased offerings during the approaching season, and foreign buyers'are already on the gui vios for able represent itives to whom orders may be confi led. Grass Seeds —Ch istehuroh—A heavy business his been carried through during the month, f c weather having been moat favourable, for sowi ig. oir former quotation, of 5-( to 5s (} 1 for machine dressed rye gra-s, has not been maintained owing to excessive supplies brought forward ; 4s 9I t) 5(21 are current quotitions for wdl clemul *>c I. win st for firn.-r's parcels 4s 3d tol-iO 1 are full values. C>;ksfoot has been take i 1 irgoly for export at 5| Itos} 1 f c.b. We b iv.! about ten tons of prime quality remaining in store from which we are sup dying orler.s at. th \se rates. Dunelin.— Rye Gras<.—Sip diesiu store and i i farmers' hands are heavy. Choice svmiles o? well-dressed eh?. vi -<eals might find buyers at up to our last quotation i, bul the dein.md is very languid and sales difflntto elt jet thereat. Cocksfoot.—Has bean in good onxpiiry, good samnies M'inr eagerly picked up it 5H to Gd pev !'->. Oiui'.ru.—Lically grown rye gr.(-sb'. commanding highly satisfactory iigur- .s ovi'ig 1.0 the large deinin 1 prevailing. Son!-' lines of Poverty Bry see I Tope■•(-.■! here are not giving . such natisia/lEn as the quality of the seed deserves, on account, of much indifferent dressing. We have made some large sales during tic; month. Akaroa cocksfoot ha.? been in fair if man 1. Auckland.—Market, heavily hioeked. v, i h sen d! demand. Ryegrass, 4s 9.! lo {is; cocksfoot, 7s fi Ito7s 9d per imdicl. MlsGii'LL.WEOUs.—Cltristchiirch. —Butter —li.llu.aiO' d hy the conlinued bi/gh.prices ruling in Australia, this market has dis-~ plav'd jjreai urnmess, and any prime lots offering have been readily absorbed at Is to Is Id per lb. Cheese.—From the same, cause this product of the farm has bee*! in keen request, re-adting in the quittance of bev'eral lilies at 8d f.o.b.