Markets.

Lyttelton Times, Volume VII, Issue 467, 25 April 1857, Page 5

Markets.

LONDON WOOL REPORT.—Jakuaiit, 1857. (From the Home New*, Jan. 1 2th.)

Perhaps at no former period wai more animation exhibited than at the present. Tho presence of several of the largest buyers from Huddersfield and Leeds has caused considerable inquiry in our market, and large parcels of second hand -wools Have been sold at an average advance on- last' s'aleg of ljd. per lb.—combing wools and good ►conred haye1 realized 2d., and in a few instances 2£d.

The London dealers who bought laf gely from July aud: November sales, have met the market, and at least 1,000 bales have changed bauds. Importers will not veil, pre ferring the usual mode of disposing, and await the result, notwithstanding the present tempting prices. The consumption of wool still exceeds the supply, and some speculation exists as lo the future course of-prices-'. if hat present rates will be maintained in February is not questioned, indeed, 2d. advance is generally expected aud believed as probable on all inscriptions ; those of combing' character will no doubt fetch more—say 3d. p«r Ib. Cape wools, which are in large supply, will Hell well ; the want of low Sydney and Port Philip compelling many manufacturers to use this description. ; By the subjoined list of imports it will be seen that the decrease of Port Philip is very serious, this description of wool being mncd in fovour for home and export : IMPORT OS COLONIAL WOOL 1855. 1856. Sydney .... .. .. 49^325 .... 59,342 Port Philip 7.7,227 . ... 67,343 Van Diemen's Land .■. .. 18,393 .. .. 17,951 Adelaide .. .. .. .. 13,972 .. ...14,118 Swanßivfir .. .. .. .. 1,221 .. .. ],207 Inew Zealand .. ..- .. 3,044 .. .. 6,840 ' Cape .. .. 38.272 .. ..- 50,607 Bales ■:..■■ 201,454 ..217,468 RANGE OF PRICES OF NEW ZEALAND WO":L. December, 1856. Extra la. lid. to 2s. 2d. ; superior flocks, in best condition, Is. 9d. to Is. lid.: average to good in fair'condition-, Is: sd.to Is 9d.; ord. and ill conditioned flocks. Is. 3d. to'lsv7d; ; Scoured clothing, Ik 6d. to Is. 10d.; Fair and hand-washed skins, Is. 3d. to Is. 7d.; heavy, Is. to Is. 3d.; lamb's good: Is. Bd. to Is. lid.; lumo's inferior to average, Is. sd. to Is. Bd.; broken locks, 4c, Is. to lg. 3d.; in grease, lid. t!o Is. 2<i. ' MELBOURNE. (From the Prices Current, March 14.) Wool.—Our last report was per Simla, an the '.2ih ult., since which'there have been three sales by auction, at which 1,164 bales have been brought forward The attendance of buyers %has been, as usual, numerous, and competition brisk. The market is now very firm, and uotbiog of consequence can be looked for, the whole, or nearly, of the clip being already shipped. Our quotations are as follow*;— Superior clips, 20d. to 23d.; fair to good. 17Jd. to 19d. ; inferior to average, 17d. to 18d;; greasy, lOd. to 12d. ; scoured, 20d; to 23d SYDNEY. (From the ' Empire,' March 17.) Mnriel and Miller have this day disposed of a parcel of Chilian wheat much weevil eateu, iv all about 4000 bu>hel* at 6s. 9d. per bushel: A parcel of New Zealand wheat rather grown, at 6s. per bushel, about 450 bushels, and a quantity of Launceston flour, rather inferior in quality, at 10s. to rfl'O lbs. per ton. A lot of 16| bales of New Zealand wool.in grease fetched 14|d., the sample being very light : other greasy wool* varied from Bjd. to 12Jd. April-4 th. The produce market is well supported, and prices have again advanced. On the best description of hides un advance of 3s. on each was obtained at .Messrs. Mort and . Co.'s sale, a parcel of well-cured hides' fetching 28s. each. Tallow is much in demand, and the boiling season having now fairly commenced, the parcels about to" arrive will obtain high prices. A lot of tallqn- from the Clarence sold at 2s. 6d. Fleece wools ranged from 20d. to 22£ d., and a fine lot of sequred fetched 2sT 6d. Sheepskins maintain their prices, fetching from 6|d. to IOJd.; a lot of lambskin* realised ll£d. The market for breadstuff's remains without animation, and flour is generally dull of sale. The depression in the Melbourne Market, caused by the firrced sale of large pur. eels of flour, has no; had the anticipated effect on the trade here, and recent quotations are continued. The millers' prices are oilS per ton for fine flour, and £'\§ for seconds. Actual prices ure, however, rather lower, good colonial fetching about -£'17, aud '!asraauian the same price ; best Adelaide is worth jg\l 10s There have been some heavy arrivals of Grullegq'and Haxall flour from Viotpria; dnriug thj week 1,752 barrels have arrived. These are not likely to affect the market for bag flour, there being a steady de. mand for them at paying rate-. Ahqut 250 bales wool were offered and sold at this thiT's auction ; the bulk however, consisted of middle and ordinarily conditioned, which sold a shace above thpso that have been late'y obtainable: Combiug wools were in more de - mand, and may be quoted id! per lb. higher than lost' week. The demand 'is active, nnd market left, off firm. New Zealand sold readily with the exception of one parcel bonghtin. . .<■■■■■

.. 217,468