ENGLISH AND FOREIGN MARKETS.

Temuka Leader, Issue 2342, 12 April 1892, Page 4

ENGLISH AND FOREIGN MARKETS.

London, April 7. At the wool sales foreigners are purchasing heavily, and prices are fully sustained. Wool continues to harden. Prices are now equal to the best rates obtained at the February series, and occasionally they have been a triile higher. The rise is due to improvement in the demand from the Continent, especially France. Owing to the hot weather the butter market has collapsed. Danish has fallen 10s, and Victorian best factory has dropped to from 90s to 98s per cwt. April 9. New Zealand 4 per cent, inscribed stock, 102 ; 3| per cent, ditto, ex dividend, 93|. In New Zealand long-berried wheat restricted business is being done at 40s 6d. Quotations for New Zealand frozen mutton are unchanged. New Zealand hemp is dull, and at auctions none h«s been sold. Australian (Victorian) wheat is dull at 40s. One thousand quarters of Australian wheat on passage have been sold at 3Gs. The prospectus of the Black Ball Coal Company, Greymouth, New Zealand, with a capital of £60,000 has been issued. Mr Brodie Hoare's circular states that during the last few nights of the wool sales, the fall in prices, which characterised the opening of the series, has been entirely obliterated. February prices are now being realised, and there was a further advance of 5 per cent, to-night. April 10. The apples ex B-uapehu arrived in poor condition, and many of them were rotten. At the wool sales there is brisk competition, and the prices are firm. Sixtyone per cent, of the sales has been taken by'foreigners.