Sydney Markets

Feilding Star, Volume IX, Issue 84, 14 February 1888, Page 3

Sydney Markets

The N.Z. L. and M.A. Company report under date Sydney February 4th, 1888 :— Butter (duty Id per lb) is without alteration, the standard quotation still being 4d to 6d per lb for our best local packs. . Cheese (duty 2d per lb) may again be quoted at 4£d for ordinary colonial kinds. Hams (duty 2 per lb).—Light weight N.Z. hams of prime quality are still quoted at Is with heavy sorts selling at 11s. . Bacon (duty 2d per lb) has undergone no change since writing by the " Wakatipu" on the 20th inst., and we again quote 9d as a full figure for prime quality small sides. Hides (free).—There is a strong demand chiefly on 'local account and extra heavy and light descriptions are selling at advanced rates. We quote: —Prime extra heavy, 4d to 4£d; heavy, 3fd to 3fd ; light, 3£d to 4£d ; medium, 3£d to 3f d ; dry, 3£d to 4£d. Wheat (free).—Dull at 3s 6<J to 3s 7d. Chickwheat is still scarce, and we again quote prime samples at up to 3s 3d. Barley (free).—Cape seed is saleable in small parcels at from 3s to 3s 3d for prime descriptions. Feed barley nominally 3s. Oats (free) remain as dull as ever, and with the large supplies still coming forward, together with the considerable drop that maize has experienced, we can hardly look for any improvemeu* in prices for some time to come. We again quote : Best milling 2s 3d ; good bright heavy feed, up to 2s 2d; good feed Is lid to 2s Id; iuferior and dark, up to is lOd ; prime seed 2s 3d. Potatoes (free).:—Our own local grown potatoes are moving off at 60s, Warnambools bringing 10s more. Fungus (free).- 4jd to 4fd still continues the market quotation for beat well-dried parcels. Tallow (free).— Large foreign orders are in the market, and prices which for some time past have been gradually recovering now range as follows. viz. :—Best mutton, none offering; best beef, £20 to £21; medium, £17 10s to £19 10s. Wool (free).—The Centennial holidays have interfered with business in this market, but sails have been again resumed, and as usual at this time of the year the supply is becoming limited, while there is a noticeable falling off in the quality of the bulk of the offerings. The attendance of buyers has been quite up to average, but the advices from Home concerning the opening of the first series of London sales for the current year not being quite equal to anticipations, both local [ and foreign operators have shown more reserve, and at late sales prices have ruled a shade easier. Washed Fleece and Scoured being the sorts most affected. The following cable from our Head Office dated January 31st, will serve to shew the present position of the London market, viz : " The sales opened with spirit this day at level of laßt sales. Crossbred market firm, competition by both Home and Foreign buyers is active. There is an active demand on German account, but French demand is moderate. The sales comprise 275,000 bales; 79,000 bales have been sent to the manufacturing districts." Sheepskins ffree).—Good parcels of sound Pelts are in strong request on Shipping account. Prices for fullwoolled and medium skins, in sympathy with wool, have shown a weakening tendency. We quote. — best full-woolled 4£d to 5d ; medium, 3£d to 4£ ; short pelts, Id to 3d.