THE ENGLISH MARKETS.

Globe, Volume XXIII, Issue 2153, 19 January 1881, Page 3

THE ENGLISH MARKETS.

The following is Messrs Miles Bros, and Co.’s Colonial Produce Report, dated London, December 2nd wool. The fourth series of sales of Colonial wool commenced on the 23rd nit., with an available quantity of 121,000 bales, as under, including, say 30,000 bales old wool. Bales. Sydney and Queensland ... 16,600 Fort Phillip 24,000 Van Dieman’s Land 1,100 Adelaide 9,000 Swan River 3CO New Zealand 27,000 Cape 41,000 Total 121,000 The attendance at the sale room has been good, the demand on the part of the Home trade using active, and Germany is also taking a fair proportion, but French buyers are operating with much reserve, trade in Prance being still very dull. Scoured merinos and the better description of crossbreds are o£d to Id per lb dearer than in August, while greasy wools are bringing abont the same prices as were then ruling. Anything of good length and sound staple, with light condition, is well competed for. Some of the new clip from Australia has been offered, but being chiefiy in the grease it has not brought the long prices it probably would have done, had there been good French competition. A better business is doing in our manufacturing districts, and stocks are light. WHEAT AND FLOUR. Owing to a speculative business, prices have fluctuated to some extent during the past fortnight, bat they are now abont the same as they were at the date of our last report, and the market is not very active. In consequence of the unexpected closing of internal navigation in America through frost, holders advanced their prices, but ns orders decreased, these were not maintained. Onr millers are not purchasing very freely, and stocks in the country are rather low. Thera are now 1,650,000 quarters of wheat on passage to the United Kingdom, against 1,783,000 quarters this time last year. Australian cargoes on passage have been sold at 50s, 51a, and 51s 3d per 4801bs, c. £. i. Wo quote on spot—South Australian, 51s 6d to 52s 6d ; Victorian, 51s to 525; and New Zealand longberried, 50a to 525; average quality, 46s to 49s ; and inferior, 42a to 45a per 4961bs ; Australian flour, 35s to 375, and New Zealand, 33s to 35s per 2801bs; New Zealand oats, superior, 28s to 345, and common feed, 23s to 27s per Imperial quarter ; barley, 35s to 42s per 4481bs ; beans, 45s to 47 s per 5041b5. TALLOW AND HIDES. The tallow market has been quiet, and during the fortnight about 3480 casks have been sold out of 5283 casks c f Australian offered. Prices have declined, the present value of good to fine mutton being 34s to 35s fid, and fair to fine beef 32s Cd to 33s 6d. The hide market has been dull, and prices are £d to i i lower. We quote New Zealand heavy, Ist, s*d per lb, and light and cows, 5Jd to 5Jd per lb. PRESERVED MEATS. The demand for tinned mutton and beef has not been so active lately, and businesa_ has been chiefly confined to fancy descriptions. _ In American fresh meat a rather better business has been doing, but prices are still unsatisfactory. Bank rate, 2.) per cent.