MARKETS.

Patea Mail, 23 August 1881, Page 4

MARKETS.

PATEA SALE. Mr W. Dale reports having sold by auction on Saturday last, at his mart, Patea, by order of the mortgagee, sections 51-52, 59, 60, and 61, township of Normanby, with 4-roomed dwelling-house erected thereon for £ll7 10s. Afterwards } tea in half-chests fetched Is 7d lb, boxes 17s to 19s, bacon 4d lb, potatoes £3 per ton, white lead, 36s cwt, galvanised iron, £27 per ton, oats, 3s 6d per bushel, and a quantity of sundries fetched fair prices. LONDON MARKETS. The New Zealand L. & M.A. Company’s telegram, dated London, August 16, says : Wool. —The market is unchanged. Up to date 369,000 bales have arrived. Wheat. —The market is irregular. The French crop is deficient. Stocks are light, and there exists a speculative demand for Colonial wheat. Adelaide is worth 62s and New Zealand 51s per 496 lbs. Adelaide F.A.Q. is worth to arrive C.I.F. 525, per 480 lbs., and New Zealand F.A.Q. is worth off Coast C.I.F. 50s, per 480 lbs. Tallow.—The market is quiet and stocks heavy. Best mutton is worth £36, and best beef £34 per ton, Leather. —The market is firmer, and trade demand is good. Best sides are worth per lb. AUCKLAND CATTLE MARKET. Cattle, Sheep, and Pigs.—Messrs Hunter and Holan report that all kinds o£ stock were short of requirements, and a few dairy cows sold well on August 16 ; good beef, 30s per lOOibs, A large quantity of sheep were yarded, and as there was previously a fair steck on hand prices receded to 2s per 81bs ; pigs were in moderate numbers at from 2£d to 3d per lb live weight. LONDON SEED MARKETMessrs John Shaw and Sons, London report that the market during the fortnight ending July Ist was as usual at this season of the year iu a very inactive uninteresting condition, all consumptive demand being of course at an end, and no speculation of importance having yet sprung up, and this in spile of the lightness of stocks, the generality of dealers preferring to wait till something is known of the prospects of the growing crops. What little business had been done the prices made were fully equivalent to' values current during the season. It is early yet to speak of the prospects of the new crops. Reports of English red clover and cow grass, indicate that with favorable weather an average yield may be expected. White clover generally promises well, but Alsyke will not be anything like the large crop it has been during the past 3 years. Trefoil was also, a failure. For sowing mustard and rape seed there was a moderate sale, at full rales. For canary and hemp seed, the trade had shrunk to very narrow proportions. The turnip crop in Scotland was in a very unsatisfactory condition, farmers having to resort to a second, and in many cases a third seeding: this was of course causing a rise in value of Scotch turnip seeds.