MARKETS.

Patea Mail, 12 August 1880, Page 3

MARKETS.

NEW PLYMOUTH RETAIL PRICES. (Corrected by latest report), Buying. Soling, s. d, s. d, Butter (per lb.) ... ... i a i i Cheese (Colonial) ... 0 7 0 10 Eggs (per doz.) 14 10 Butchers’ Meat. —Beef, 3d to 5d ; mutton, 24d to 5d ; pork, 5d to 7d. Mill Prices. —Taranaki flour, 15s per 1001' os ; silk-dressed (Star brand), 16s ; wheat meal, 14s ; chick’s wheat, 4s 6d per bushel ; sharps, 8s per lOOlbs, or sack, 10s ; bran, 4s per sack ; oats, 3s per bushel ; oatmeal, 4s 6d per bag (251bs); maize (best screened), 6s Od per bushel.

LONDON WOOL SALES. Messrs Jaconib, Son, and Co., write from Loudon June Bth ns follows :—The second scries of public sales of Colonial wools has terminated to-day, after a duration of seven weeks. With variations through the sales, as reported at frequent intervals, downward in their course from the high currency of the opening fortnight, the market closes at the worst point of the series, at values from those of the lowest of FebruaryMarch auctions to about Id. per lb. below such, for merino wools ; all faulty descriptions, clothing grease, and lambs’ showing the greatest redaction; coarse and cross-bred wools are weak at 2d. to 3d. below March ; Cape and Natal produce at the close rules firm at the best of February-March rates. A little more than half the total quantity sold has been taken for export. During the course of the sales about 27,000 bales have been bought in at the hammer, but a large proportion of such have been since disposed of. As regards the proportion of the year’s supply already sold, our position now is almost identically the same as it was at the close of the second series of auctions on the 20th of June last year ; ‘ old stock in first hands ’ being now 8,000 bales less than then. The American demand for wool here has entirely ceased, which is a detriment more especially to all course wools ; in fact the tendency of wool at the moment would seem rather to be to return hither from the U. S. A. than to go thither hence ; English wool, after a recent fall of 2d. per lb., continues to droop in value. The long interval between this and ensuing auctions on the 17th of August should leave the market fully prepared to deal with large sales at the latter date. New Zealand Washed Fleeces have sold at Is 9d to 2s 2d superior, Is 5d to Is 84d medium, Is Id to Is -lid inferior and faulty. Scoured sold at Is lOd to 2s 4d superior, Is 54d to Is 91d medium, Is 14d to Is fid inferior and faulty. Greasy Fleeces sold at Is fid to Is 64d extreme rates ; Hid to Is 44d superior, 9|d to lid medium, 8d to 9d inferior and faulty.

AUCKLAND STOCK. (Latest Report.) Horses. —The number submitted for sale rather limited, but a good demand, and prices slightly upwards. Hacks at from £G 5s to £lB ; light harness horses from £l-1 to £26 5s ; draught, £3B. Cattle. —The supply of fat beasts up to requirements, but more dairy ami store stock would have found ready purchasers. Beef 28s to 325. No noteworthy alteration in the value of other descriptions. Sheep. —At Newmarket very few were yarded, and prices ruled greatly in favor of the vendor, 2s 8d per 281bs being freely given. Pigs in limited numbers, and sold at 3d per lb. dead weight.