MARKETS.

Patea Mail, 19 October 1881, Page 4

MARKETS.

LONDON MONEY, WOOL, GRAIN. [nv caulk.] London, 14th. Consols have advanced to 99 ; New Zealand 5 per cents, have suffered a decline of 3 - 4, and are to-day quoted at 100 3‘4 for 10'40 loan, and 103 3 - 4 for 1889 loan ; 4|- per cents 1879-1904 remain at 98 3 - 4. The market for colonial hroadstuffs is unchanged : Adelaide wheat, ex store, 57s ; New Zealand do., 55s ; Adelaide floor ex Store, 425. The total quantity of wheat afloat for the- United Kingdom is I, quarters. Australian Tallows : Best beef, 41s 6d ; best mutton, 455. The N.Z. L. & M. Agency Company's produce telegram, dated London, October 11, says : Wheat: The market is quiet. Adelaide being worth 58.s 6d per 496 lbs. New Zealand being worth 55s Gd per 496 lbs.

Tallow : The market is firm. Best mutton being worth £43 per ton. Best beef being worth £39 per ton. Leather: The market is quiet. Best sides are worth 11-|-d per lb. N.Z. hemp is in brisk demand, and is worth £2B per ton.

LONDON SEED TRADE. Messrs John Shaw & Sons, London, report that the market during the fortnight ending August 26th, was quiet. lied clover exhibited increasing firmness, owing to Cah’e advices from America announcing that the export movement to France had assumed important proportions. This still further points to a failure of the crop there, and not only there, but the prospects of (ho new crops appear universally had. Long prices were being asked for new trefoil, and it is expected that both alsyke and white clover will also ho high. The consumptive demand for trifolinm was keeping good, at late rates. Italian rye grass was held for enhanced prices, which prohibited business therein. Mustard and rape seeds, for sowing purposes, were hardening in value; as also were winter fares, hemp and canary, the latter being several shillings per quarter dearer. Scotch turnip seeds—very scarce, and 10s to 15s cwt. dearer.

CANTERBURY GRAIN & PRODUCE. (From Canterbury Times.')

The week ending 21st has been without any incident calling for special notice. Business continues extremely quiet, with no prospect of an immediate improvement. The stock yarded comprised 5875 sheep, 592 cattle, and 32 pigs. Wheat. —The market lias in no way altered, and quotations are the same as those of tin previous week. Any parcels brought forward are taken up hy the millers. Prices stand at 4s 4d to 4s fid, and best lots command more money. Oats. —The quiet tone noted for (lie past week or two still prevails. Best milling are quoted at 2s Id, and feed at 1 lOd to 2s. Bakeev has not seen quite so much business, owing to fewer samples having been offered. Best lots command 3s 3d to 3s fid, and second 2s 9d to 3s. Fx.ouu.—Prices remain at fill to £ll 10s. Rye Grass. —The enquiry has not revived, and prices are hardly so firm ; 5s fid to 5s 9d are quoted. Dairy Produce,— There is not the slightest alteration, and the enquiry has in no way improved. - CANTERBURY STOCK REPORT. (From Canterbury Thaw.) A large supply of fat stock came to hand at Addington on the 20tli, for which there was fair competition throughout the sale. In Sheer there was a plentiful supply of all descriptions, about one-tbird of the fat sorts being shorn. Prime cross-breds (in the wool) realised from 17s to IBs ; good do, 15s ; shorn do, from 9s fid to 11s fid ; prime merino from 11s 3d to 12s ; good do, from 10s to 10s 9d. We quote 2;|d per lb for fat sheep in the wool, and IJd per lb do shorn. Fat lambs—a large entry; best lots sold from 8s to 11s, Cross-bred ewes, with lambs at foot, brought 15s ; merino do, 9s fid. Cattle, —A heavy supply of fat cattle was offered, the bulk of which was comprised of prime and good quality. For this description biddings were more animated than at late sales. We (junto 2fis fid per 100 lb as an average for fat cattle.

A % crying shame—Our neighbours baby In press—Yesterday’s table-cloth.