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THE ENGLISH MARKETS.

Miles Bros, and Co. report under date London, October 7th, as follows :

WOOL. Since the close of the last sales on the 25th inst., very little business has taken place privately in onr wool market, the sales having been confined to a few bought in lots, which have been disposed of at about the rates current at the close of the sales. A fair amount of business is doing in our manufacturing districts, and trade in Germany is also There have been some inquiries from America for wools, hut principally of the lower grades. The new arrivals for November comprise : Bales. New South Wales and Queensland ... ... ... ... 5,029 Victoria 6,257 South Australia 1,151 West Australia 200 Tasmania 144 New Zealand ... ... ... 9,757 Cape of Good Hope ... ... 23,759 Total 46,297 WHEAT AND FLOUR. With more limited supplies, and a continuance of the storms which have done considerable damage to the grain not harvested, onr market has still further hardened, and New Zealands have improved to the extent of 2s to 3s per quarter from the lowest point; but it seems doubtful whether prices will remain firm, for our farmers will no doubt soon be pushing their wheat on the market, and heavy shipments are likely to be made from America. The continental demand continues. Bnssia as well as France is purchasing, and we hear that Germany will soon come into the market, We quote, ex granary. South Australian, 49s to 50s ; Victorian, 48s 6d to 49s 6d ; New Zealand, long berried, 48s to 50s; average, 45s to 475; and, inferior, 40s to 44s per 4961 b. Australian flour, 33s to 34s ; New Zealand, 80s to 33s per 2801 b. Oats, 26s to 35s per Imperial quarter. TALLOW AND HIDES. The tallow market has fluctuated considerably, though on the whole prices have gone in favour of buyers, the value to-day of good to fine mutton being 34s to 35s 6d, and fair to fine beef 32s to 32s 6d. The stock in importers’ hands is about 11,800 casks. There have been no sales of hides since our last. PRESERVED MEATS. A fair demand continues for all meats. Boiled beef is low in price, and the considerable imports of compressed beef prevent any increase of the valueof that article. Thevalneot preserved meats imported during the first eight months of the year is stated at .£1,217,208, as against XI, 197,100 for the same period of 1879. The market for fresh meat has been completely paralysed, the ruling prices for everything being of a most nominal character, and some heavy losses have been made.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GLOBE18801120.2.17

Bibliographic details

Globe, Volume XXII, Issue 2104, 20 November 1880, Page 3

Word Count
430

THE ENGLISH MARKETS. Globe, Volume XXII, Issue 2104, 20 November 1880, Page 3

THE ENGLISH MARKETS. Globe, Volume XXII, Issue 2104, 20 November 1880, Page 3

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