Markets.
At an auction sale of kauri and other timber, ex Spray, held by Mr. Alport on Monday, boards, white pine and kauri, half-inch, fetched 255.; f-inch, inch, and lj-inch boards fetched 275. to 295.; 9x2 scantling, 265.; and 4 x 3, 235. HOBART TOWN. 'In the early part of the week very little movement was perceptible in the grain market, and the closing prices of last week remained in force, 7s 9d being the outside price for the best samples of wheat; but latterly the tendency has been again upwards, owing in • some measure to a cargo of very fine Adelaide wheat realizing beyond the market price, and good samples have since fetched 8s per bushel. Colonial oats have met with some enquiry, but are a scarce article, very little coming in from the country; 6s to 6s 6d per bushel is still the ruling quotation. Foreign oats are dull of sale at 5s to 5s 6d. There is a slight demand for Cape barley and a few parcels have been sold at 7s, the sample being very good. English barley comes in very slowly, and the last transaction we heard of was effected at 8s per bushel, which has been the average price for some time. Considerable quantities of hay have come in during the week, but the demand has been very moderate: loose hay ranges from £6 to £7 10s per ton according to quality, the country pressed from £7 10s to £8, and the hydraulic pressed from £8 10s-to £9. Since last week potatoes have experienced an advance and increased in demand, but the market is still very indifferently supplied; the ruling quotations are £9 to £12 per ton according to sample, but as much as £13 was given yesterday for a very good article. Onions are coming in more freely, and meet with much enquiry; prices show a disposition to go up being now quoted at £16 to £18 per ton. No signs of animation are visible in the flour market, but no alteration has occurred in the quotations. Flour from the best colonial wheat is still sold at £18 to £20 according to quality. Bran is still in demand, and the recent advance has been uniformly sustained, 2s 3d to 2s 6d per bushel. Sharps continue unaltered at £10 to £12 per ton. In wool, sales are effected with great difficulty in consequence of the decline in the English market. The improvement in the timber trade continues, and some activity has been visible this week, but prices hate undergone no alteration.— Hobart Town Mercury, March 1. VICTORIA. There has been a better disposition to purchase to-day in the import market, but not at any advance on previous rates. Flour and bran continue on steady demand at fully supported rates. Oats are in more inquiry, and prices have an upward tendency. By auction a parcel of Adelaide flour, Margarey's brand, brought £16 15s. to £16 17s. 6d. per ton;. congou teas, £8 ss. per chest, and £4 2s. 6d. to £4 7s. 6d. per half chest. Messrs. Mort and Co. held to-day their weekly produce sale. 396 bales of wool were offered, and over 300 were sold. There was a great difference in the rates obtained, the prices for some lots showing a decline of from Id. to 2d., per lb., whereas for others, particularly a lot of 29 bales marked RML, full prices were realized. The great fall that has taken place in the English markets has been partly anticipated, and this may in some degree account for the firmness of the wool market here. Some new buyers have also come forward during the last fortnight; and this has had the effect of sustaining the price of wool. The sale, on the whole, to-day may be considered very satisfactory to those who have held their wools in the face of a falling market. The following were the rates realized for the lots sold: Fleece, Is. 6Jd. to Is. 10d.; kew Zealand do., Is. to Is. 63d.; mixed, 9d. to Is. 5d. ; New Zealand grease, 7M. to 9fd.; grease, sd. to lo^d.; Tasmanian fleece, Is. 3d. to ls.4Jd.; grease, 12-|d. ; clippings, lOd. bheepskms were not quite so much in request, and have participated in the decline in wool. About 3,187 were sold at from 6d. to 9M. per m.; pelts, 3d. to 4%d.~Argus, Feb. 23.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/LT18580317.2.9
Bibliographic details
Ngā taipitopito pukapuka
Lyttelton Times, Volume IX, Issue 560, 17 March 1858, Page 4
Word count
Tapeke kupu
730Markets. Lyttelton Times, Volume IX, Issue 560, 17 March 1858, Page 4
Using this item
Te whakamahi i tēnei tūemi
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.