WOOL PRICES.

Patea Mail, 21 June 1882, Page 3

WOOL PRICES.

The colonial circular issued by the Loan and Mercantile Agency, dated 15th instant reports prices as follow t

HEAVY SHEEP AND LONG WOOL,

The daily telegrams in reference to the progress of the current series of sales in London are scanned with eager interest, and, though the tenor of advices is generally satisfactory, there is a large and important section of the community (fanners who confine their pastures to the growth of heavy sheep) disappointed with the weak aspect of the market for coarse long wools. This feature of the trade is an important one to New Zealand, for since it has been demonstrated by the success of the Dunedin’s shipment that heavy sheep are most in favor at Home, it becomes a necessity to breed this class of stock, irrespective of the value of its wool. There is, therefore, every prospect

of coarse wools forming a largo proportion of our exports in the future.

CHRISTCHURCH. Transactions during the month have been confined to the auction sales which were held on the 13th and 14th instants. At these (the last of the season) 859 bales were submitted, including the whole recovered from the stranded ship City of Cashmere, when 794 bales were sold at prices fully sustaining our quotations, only 65 being withdrawn. Our catalogue comprised 275 bales of varied descriptions : 262 bales greasy merino found buyers at B|d to 9fd ; cross-breds realised B£d to 9|d ; scoured merino, Is 7Jd ; scoured cross-bred, 8d to Is s|d ; greasy lambs, Bd.

AUCKLAND. A few small lots have been sold at auction, and realised in grease 6£d to 7|d per

WELLINGTON.

Only sales to report are parcels of coarse, dingy lambs at per Id.

NAPIER

During the month 142 bales have been sold at prices varying from Is to Is 6£d for scoured locks and pieces, and Is o£d to Is B£d for scoured fleece wool.

GRAIN PRICES .

CHRISTCHURCH,

Wheat. —The demand for United Kingdom has been good. Shipping lines of good ordinary' milling command 4s lid to 6s f.0.b., whilst for long berried Tuscan 5s 2d has been paid. Seed parcels of this description are changing hands for coastwise shipment at 5s 3d to 5s 4d f.o.b. Chickwheat is in strong request at 3a to 3s 9d. Flour remains without alteration at £ll 10s per ton for sacks f.o.b. Sharps command £6 10s. Oats. —The anomalous state of this market still exists. Stocks are light. Dealers are almost bare of stocks, hut between buyers and sellers there is a diversity in value os 3d per bushel, which precludes business. For coastwise orders 3s 4d to 3s 6df.o.b. are current quotations. Oatmeal is in good demand at £l7 per ton.

Barley. —An improved demand has been observable, resulting in the quittance of several parcels at 4s to 4s 8d for malting, and 3s 6d to 3s 9d for feed qualities. DUNEDIN.

Wheat. —During the month the market has continued to advance, and we now quote 5s for prime milling wheat, the quantity of which however, is very limited. For qualities ranging.from medium down to inferior, the demand is not brisk, but fowl feed can be placed without difficulty at quotations.

Oats. —For this cereal wo report a fairly active demand at enhanced values, both for feed and milling. No doubt the market would experience a further improvement but for the difficulty of obtaining tonnage, which considerably limits the demand for shipment. We sold lately by auction feed oats at up to 3s l£d, and an extra choice lot of bright milling at 3s 3d.

Barley.— -There is a good enquiry for prime malting, which. is worth 5s per bushel.. AUCKLAND. Wheat, —Very little is now left in farmers’ hands. Good samples are worth 5s 3d per bushel. Fowls’ wheat scarce at 3s 2d to 3s lOd.

Oats. —Prime milling is worth 3s 9d to 3s lOd per bushel; and is scarce at these figures ; but several large lots of inferior and discoloured are being held in hopes of higher prices. At present they are difficult to.move at satisfactory rates.

The football match next Saturday will be an alphabetical one, with the following team :—A to L.—Aruudell, Adamson, Carey, Gibbons, Gower, Guerin, Harden (2), Hamerton, Hume, Hyams, Haycock, Batching, Locker (2). —M to L.—McKnight, Pearce (2), Powell, Patterson, Rose, Sangster, Smart, Scaife, Taplin, Tennent, Turner (2), and Wray. Play commences at 2.30.

The readings of French plays at private houses is the latest fashionable freak.

Burns’ native cottage is a public-house; the spot where Walter Scott was bom is occupied by a beer-shop ; Coleridge’s residence at Nether Stowcy and Shelley’s at Great Marlowe are beer-shops, while Moore’s birthplace is a whiskey-shop. A Dublin newspaper contains the following :“I hereby warn all persons agains trusting my wife, Ellen Flanagan, on my account, as I am not married to her.” The Duchess of Edinburgh protests against late dancing, and has many followers.