MARKETS.

Patea Mail, 5 April 1881, Page 4

MARKETS.

LONDON SEED MARKET. Messrs John Shaw and Sons, London, report that the seed trade for the fortnight ending February 11th showed an improved demand for farm seeds, considerable quantities having changed hands at full rates. Choice samples of red clover continued in short supply. There was more enquiry for white clover and alsykc. Trefoil kept quiet. Canadian in fair request at previous rates. LONDON WOOL. A London telegram to the N.Z.L. & M. A. Co., dated March 25, says: —The sale programme has been curtailed by one day and closed firmly. The total quantity sold during the sales was 260,000 bales. 160,000 bales have been taken for export, and 35,000 bales have been held over for future disposal. Combing and clothing washed, scoured, greasy and superior greasy, and coarse washed cross-bred have all declined Id per lb. since close of last sales. Superior clothing washed has declined Id to Hd per lb. Medium and inferior greasy, fine greasy cross-bred, coarse greasy cross-bred, fine washed cross-bred and fine scoured cross-bred have all declined 4d to Id per lb. The next sales will commence on 10th May, and will include 350,000 bales fresh arrivals, and 35,000 old stock. MEAT MARKETS. On Friday last, at Auckland, mutton realised up to 24d per lb, beef 25s per lOOlbs. At Christchurch, mutton 2d per lb, beef 18s per 100 lbs. Dunedin, mutton 2d per lb, beef (prime quality), 21s per lOOlbs. WELLINGTON GRAIN and WOOL. TheN.Z. Times reports .• —Malt (colonial) is saleable at 5s 9d to 6s, and New seasons Nelson hops have been sold during the week (principally for forward delivery) at 8s 7d to 3s 9d per bushel; this price, although low is, in our opinion more than could be realised by shipping at present quotations, namely 46s per 4961b ; the cost of exporting wheat to taking all charges into consideration, is from 2s to 2s 2d per bushel. Oats have a decidedly firmer tendency ; stocks are ample ; sales have been made at 2s per bushel, but we understand it is the intention of some to hold for an advance on this quotation. Mr Lang (for the New Zealand Loan and Mercantile Agency Co. Limited) reports that at the sale on Wednesday he submitted and cleared a catalogue of 146 bales wool and 18 bales sheepskins, with the usual quantity of pieces, locks, and loose skins. The attendance of buyers was rather above the average, and the principal lots met with fair competition but as is usual at this season of the year the major portion of the wool offered was of an inferior character. The figures realised were regarded as highly satisfactory.

DUNEDIN CATTLE AND GRAIN. Report from Dunedin on 30lh March states Fat cattle ; supply moderate and demand slack. Fat sheep, supply below average. Quotations, 2d to Wheat, 3s Gd to 3s 9d for best milling. Oats, good feed worth Is 7d, and demand continues fairly animated. Milling grades arc not in active demand, but prime samples could probably find buyers at Is Gid. Barley—Several parcels are offering, a few being of prime quality and which alone are enquired for at 3s 3d for prime malting.