COMMERCIAL.
-♦ Wellington, Friday, April 30. The Nbw Zealand Loan and Mercantile Agency Company received the .following produce telegram, dated London, April 27, yesterday afternoon : — Wool. — The sales progress firmly; m«. dium and inferior greasy markets firmer ; medium and inferior combing washed and combing washed, markets firmer. Scoured has advanced 2d since close of last sale ; clothingwaahed, marketunchanged. Crossbred market easier ; up to date 61,000 bales have been told. Tallow. — Stocks are heavy, best mutton being worth £33 10s ; best beef being worth £32. 'Wheat. — Foreign arrivals nre heavy. The market is qniet. Adelaide is worth 53s pei* 4961b5 ; New Zealand is 51s per 4901b5. Leather-— 9600 beat sides Australasian have been sold since last report. Bost sides fetched a farthing advance on previoue rates ; other qualities unchanged. (by telegraph.) Chbistchurch, April 29. Inactivity is the chief commercial feature of the moment, while the tone of the grain market has not been improved by the latest cablegram from Home. Sellers are slow to recognise the drop, and rather than accept. will continue to ship. The scarcity of tonnage has once more come to the surface, and large quantities of wheat are being sent into the store at Lyttelton and elsewhere. Wheat — Prices have steadily dropped, and transactions during the week have nob been of an extensive character. Sellers are adverse to quitting at the rates ruling, while buyers are equally guarded in purchasing. Wheat ranges from 3s 7d to 3s 9d ; oats are without alteration, and are quoted at Is 3d to It 5d for feed, and Is 6d for milling. In barley the feeling is one of great depression. First class is quoted at 3s 6d to 3s 9d ; oth«r kinds range between 2s 6d to 3s. Flour is quoted at £9 10s to £11. Potato ules are being made at 25s to 30s, but growers are not pushing at these prices. Dairy Produce— Cheese, 4d to 5d ; butter | in good demand at B^d to 9d ; mutton, l£d and lfd to 2d per lb : beef, 17s 6d to 30s.
There were some good lines of pigs at market this week, the bulk of which were taken up by Dunedin buyers from 4£d to sd.
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https://paperspast.natlib.govt.nz/newspapers/MH18800504.2.3.3
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Manawatu Herald, Volume II, Issue 72, 4 May 1880, Page 2
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364COMMERCIAL. Manawatu Herald, Volume II, Issue 72, 4 May 1880, Page 2
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