NEW ZEALAND PRODUCE MARKETS.

Waikato Times, Volume XXVI, Issue 214, 3 April 1886, Page 2

NEW ZEALAND PRODUCE MARKETS.

Wk take the following from the ' New Zealand Loan and Mercantile Company's circular dated Cbristchureh, 25th March :—

WOOL. * The second series of tho year opened in London on the 23rd inst. Wo hayo received' the following telegraphic jidVice from our. London manasrer:— "The sales opened scarcely 'at level of last seriesshort staple Merino greasy market easier, cross-bred unchanged. T,he attendance of both home and foreign buyers is fair. Home buyers are purchasing freely, bnt continental demands are limited. The opening catalogue contained 10,000 bale*. The sales comprise 246,000 bales ; 50,000 have been sent direct te the manufacturing district."

GRAIN. ' Dunedin.— Wheat : This market has not shown much animation during the past month. There has been some enquiry for export, but sellers are demanding more than buyers ard prepared to give for the little to hand. Buyers offer 3s 4d to 3s sd, while sellers ask 3« fid to 3s 7d, ex store. Christohorch.— Wheat : The principal feature of the month has been the presence in the market of large intercolonial orders, which have had the effect of sending prices up 3d per bushel. Tu<can this year hns regained its palace of priority in price and favour 'in the.inxrkefc' jCurteqt quotations are ;,— Tu«can,v'3s «ibf.ab|sNrlunter's and Pearl; 3s '4S to 3s Sd^ftfFb "Shrivelled and thin quantities arc not! sought aftqr) and mny be quoted .at 3d to 4d per bushel less ; whole chickwheat has been in strong request at up to 3«. > " Auckland.— Wheat : Shipments from Southern ports, in almost all cases direct to miller's orders, have been fairly heavy, and the total is almost equal to last month, viz., (5,200 sack*. — Oats : Business in this line has been quieter than we anticipated, but we find holders quite as firm, and we shall not bo, surprised to see an advance ere lorg. Stocks are fairly heavy, and shipments from the South have been larger than usual, and make a total of 7,250 sacks. Maize : The price of this cereal has fluctuated during the month in sympathy with advices from Sydney market, and at the present time, ovving to an advance there, the value here is about equal to last reports, viz., 3s 2d per bushel. Some 700 bags went forward by the last steamer to Sydney. ' '. - } GisBORNE. — Ryegrass : Prices have been well sustained, and during the monih we have sold parcels up to 7s. The supply is getting very limited, and deliveries are confined to small odd lots. — White Clover. — Considerable quantities of th>s seed have been saved this season and put on the market in splendid condition. We have sold all coming to hand readily at 9d and lOd per lb. The attention of settlers is now being directed to the production ot this seed, and the quantity available for expoit will be largely iiichmmml next year. Those who have been usin.r the Poverty Bay white clover seed for some years past, pronounce it much superior to the imported article.

FROZEN MEAT. The improvement of prices for New Zealand muMoq in the Home Market continned. Latest telegraphic advices quote sales at 53d to fid pec lb. A cablegram re- ; ceived from our L'/ndon manager on fcfia 20th inst., states that the final average price obtained for the frozen lamb ex Rua;pehu,.was fully 7£d per lb. In a recent re'tvtrti We" have received from our London office, we find that a lino of 480 carcases of mutton \va» distributed throughout the

followiiißT centre* :—Liverpool, Manchester, L'-eda, J3irniingham, Prexton, Deushury, Wakefiflld, Rotheihaiu, Bury. Middles l»i»ro,' Glasgow, and Bolfmt. It i-i gr.itifymg to obvi \e th.it tho area of s.vle i" being ■^.thoroughly cxtondod. —JDusiwlw.— 3,500 c.u-ca*d« of mutton are now ntored at the Burn*ide Workn roady (s>r shipment per k.h. Aorangi, The Invor,o|rgUl^i cargo of 10,(100 carcmtw, will be f raady about the end of March. The Lady •^JiVcelyn ,is now due from Auckland, and will tike 3,000 sheep from Port Chalmeis, frozen at Timaiu. The h.s. Ruapehu will follow the Invercargill, to take a shipment which wiH be frozen at Burmudo in April. GHftibTcm;nrH. —Since last report, the clearances of frozon meat from Lyttelton htve'bden &s follows :—M-vrch fi, per sthi|> Wellington, on account of Mr Grigg, 13,335 carcisea lamb and 132 carcase* mutton ; and per R. M.S. Tongariro, 4,852 carcases sheep, and 1,497 carcases lamb. Tho extension* and new machinery at Belfast are now complete and in working order. Slaughtering commenced yesterday (24th in-^t.) for a shipment of 5,000 carcases sheep «nd lambr, to be taken by the <«.«. lonic. ' ' TiM.vttU.— Since our lust 9,000 carcases have been sent to Port Chalmers, and are now stored on board the hulk Edwin Fox jrady forjhe. Lady Jocelyn, which is expected thore" "shortly. The work* have about completed a cargo of 10,000 carcases for the Mataura, which will load here early next month. O amaru.—The Tnrakina will nail this week with 12,235 carcases for the London market. The Dunedin has arrived, and will commence loading at once. \V ELLlNGTON.—Shipments from this port during March have been as follows: —Per x.a. Arawa, 7,944 carcnues mutton, 450 lambs, 1,418 legs mutton, 49 quarter* and 118 pieces beef; per R.M.S. Tongariro, 7,225 carcases mutton, 146 lambi, 1,807 l«ff* mutton, nnd 147 quartpM beef. ' Napikr.—The Opawa, now loading, will carry a shipmont of froien, meat.

MISCELLANEdUH. Auckland.—Butter: Prices have receded since last report, on account of adverse reports from the Sydney market. The total qnahtity shipped thence during the month wm 6C5 kegs, and w« fear this quantity will not tend to improve the market. —Cheese: The price quoted last month is well sustained, and the market frrrly absorbs all the make of tho numerous factories, besides which a steady demand is felt from Sydney arid Queensland.— Potatoes: The market is a little firmer than last month, and there in good competition for the crop as it arrives to nand.

ENGLISH CONSOLS. London, March 31.—Consols have advanced to £100 7s 6d. ' V *

: ™'" * LONDON WOOL SALKS. ' *' London, March 31.—At to-day's auction a catalogue of 10,300 bales were offerod. The market generally was weak. Grea*y wools are id to Id, and- fleeces about id to l^d, lower"than last, aahm.