English markets.

Manawatu Standard, Volume X, Issue 2, 30 May 1885, Page 2

English markets.

London, Muy 27. . Consols are quoted at. 100.. New Zealand securities are unchanged. . ; The market rate of discount remains at £. bank rate 2. per cent. . „ r< -. -* Colonial brefldatuffa— Adelaide wheat,* ex store, 365; New Zealand ditto, 30s to 1 365. Adelaide 'iiour, 275. ! Australian tallow, average quality— Beef, 30s : mutton, 325. The following cable message has beeti receivKd.by the New Zealand Loan and Mercantile Agency (Limited j from their ,Loii(Jon office :— Woul— Marutt uuchaoged. Wheat — Market quiet. New Zealand is worth 33s 6d ; and Tuscan 36a per ,496108 ; Adelaide, f.a.q. is, worth c.i.f. to arrive, 35s 6d per 4801bs. TallowMarket is fiat. Best mutton- ie worth 31s. and best beef 29s per cwt. Leather Market unchanged. New Zealand flax — Market firm. Pine quality is worth .£27, medium £21, and eotninon £17 per ton.

From the New Zealand Loan And Mercantib Agency Company's monthly report on the produce markets of New Zealand, dated May 521, we extract the following : — '. GRASS SEEDS.* •' Chbistcburch.— • Ryegrasa--Fanaer8 f parcels are being bought freely by merchants for" speculative purposes. At the present time there is only a limited demand . fo/ machine-dressed, samples. Cocksfoot— Transactions m this seed, during the month have been considerable for both the coastal and intercolonial trades, but for the past week there has bfeeii a shrinkage m the ' demand, and purchases cm be made at a reduction on previous rates. Wellington.— There have been a few enqniries for good cocksfoot, and several lines have exchanged hnuds. Stocks are now light. . Napier.— Ryegrass. and Cocksfoot. — Very little business doing, our quotations are nominal. . FROZEN MEAT. There has been no improvement m values reported' m the London markets since our last. The meat per ship Can-, terbury arrived on the 14th, and was found oh examination to be m good condition, and is bringing 5d to s£d per Ib . Donedin. — Tn our last we reported the works at Bnrnside preparing a cargo for the s.s. Kaikoura, which has since departed with 5,300 carcases o( mutton and 94 quarters of beef. Tim s.s. Elerslie has also left, taking 9,500 carcases of mutton from this port. The next on the berth will be the s.s. Toneariro, for which the works are now getting ready a cargo. "' Christohurch.— The Belfast Freezing Works have been employed during the month preparing cargoes for the ship Invercargill and s.s. Kaikoura, which have sailed from Lyttelton with 9,239 carcases mutton on board the former, and 5,135 carcases mutton and 104 quart! ters beef m the latter. After a few days for cleaning up, operations, are now m full progress on the shipment for the s.s. lonic to sail next month. ' '' ' ' '' Timard.— Our local refrigerating works are being pushed on as fast as possible. The buildings ate m progress I and will be completed early m August. | Tiie machinery m now m n vessel bound' for this dort, and is due about the end of July. The capacity of the works will be 300 sheep a day, with storage for 7,000. Operations wili r we- expect, bo common- . ced m October next.; ■> Oamarp.— The Dunedin with mutton will leave this port for London, about 10th June. . Wellington."— The s.s. Kaikcnra sailed for London (via 'Lyttelton) on the 4th inst., taking 5,d00 carcases mutton from tin's port. A shipment of 6,000 is now m course of preparation' for the Tongariro. ; Napier. — The Mat aura sailed on the Bth inst., taking 5,737 carcases and 477 haunches mutton.