Thank you for correcting the text in this article. Your corrections improve Papers Past searches for everyone. See the latest corrections.

This article contains searchable text which was automatically generated and may contain errors. Join the community and correct any errors you spot to help us improve Papers Past.

Article image
Article image
Article image
Article image

MELBOURNE MARKETS.

(From the Herald, Dec. 18.) Flour, Gbain, &c.— Mr. W. Lawrence's weekly report of the ikmr and grain market is as follows: — The corn market remains steady, without any great extent of transactions to report; prices of most articles are unchanged. The advices per English Otober mail indicate an improvement in the corn market of Great Britain; this, even in the face of excessivo iimports still continuing to flow in from the Northern States of America — in breadstuifs the .produce of the new crop so great as reported;to .be equal to 42 per cent of the entire foreign --imports, while such heavy arrivals conlinuedsto'be made,ampelled by the pressure of war nndToaliscd upon under a 6till greater pressure, to relievo a monetary panic brought about by the contingent circumstances hitherto so calamitous to the iuterests of the country — this altered state augurs well 'for better prices in the future, esepeeially so by the re-action occurring before Ihe ingathering of the harvest ia barely completed. The imports for the week are moderate while the exports keep well up, consisting of 50 tons (lour, for United Kingdom ; and 150 tons flour, 6000 bushels oats 1,600 bushels maize, 200 bushels barely, and 50 bushels bran, for New Zealand. Flour is in good xequeat at quotations, while -some speculators seem inclined to operate when inducement offers. Wheat: Short supplies which are not likely to be augmented to any extent now until harvcrsting operations are over. At the apparently low quotations reported in South A.ustralia, it cannot belaid down here p.t any margin covering cost, freight, and charges. A pirn-el to hand, per Balelutha, is now on the market. Outs : — Transnclions are limited -totrade operations. Some parcels of new have touched the market, and prices realise about 5s 6d to Gs 6d. Barley: — New Cape andma'lting -sorts havicg changed hands at quotations. Maize : — Although the demand ia good, and large quantities go into censumption, prices are barely sustained. The Lorenzo Sabine, from Sourabaya, via Timor, was anticpated to bring a supply of grain ; however, it appears that .the last crop of this island was a failure, therefore the quantity to hand is too trilling to >elaim notice. Gram and Oatmeal still at quotations. Bran is in steady request. Hay : — Supplies are in excess of demand, and prices recede. Malt -. The English shipments are moderate, which Las tended to further the impression that higher prices are to rule. Potatoes and onions: Supplies of both increase, and prices tend downwards. Estimated imports of Hour aud grain at the port of Melbourne, from the 11th December to the I.7th Dcoeinber, inclusive : — Flour South Australian, 137 tons; Wheat: South Australian, 800 bushels. Oats: Soulh Australian, 400 bushels; Tasmanian, 1000 bushels. Barley : South Austcalia.ii, 450 bushels. Maize: New South Wales, 1000 busjjels. Bran: South Australian, l'2,t>oo bushels ; Tasmanian 2000 bushels. Closing quotations: — Flour: Tasruaman, country and town made (Victorian), Ll2 10s tv LI'S; Adelaide, wire dressed, LlL' 10; silk dressed, Ll3 to Ll3 10s; Magavey's and Hart's (Adelaide), Ll3 lUs ; C'alifonimn, 1,12 10s; United States, 2Ss to 37s per barrel of 106 lbs; Wheat: colonial, os 3d to "is lid ; Adelaide, os 6d ; (aliformau, 4-s 9d to es ; Feeding sorts, l-s9<!. Oats : Irish and Scotch, Gs ; C'alifuruiun, 0s 0d; Colonial, new, 6s t0. 75.; old, 7s 0(1. Barley: Cape and Culifarnian feeding, ■Is 3d to Is ikl ; malting, os 6d to Os. Maize, 6s 2d to (5s 1.1. Gram, Lls per ton. Bran, Is 8d to Is Od per bushel. Oatmeal : Scotcb, L 2!) to L3O ; colonial, LlO per ton. Colonial pearl barley, L3(3 per ton. English malt, lGs to 10s fid; co'oiii.il, Bs. ! Tav, LS to LID. Potatoes, LG to LG 10s ;do new, Lli to Lls. Onions, 120 to L 22. ThorkVs cattle fo;;d, LI 10s to L 3 per cask. Weights which dour, grain, ,ke., are sold at, aud quoted as above:— Wheat, per 00 lbs.; oats, per 40 lbs; b.u-'u'V, per 50 lbs; bran, p.r 20 lbs ; maize, pcr-sti lbs; malt, per -10 lbs. Flour, per.2ooo lbs. Gram, potatoes, hay, and onions, per ton of 2210 lbs. Impokt M&r~ket. — Business in the import market has bet'n very quiet to-day. No transactions of any importance hnve been reported, and (juo'ati. 'ns have undergone no material alteration. Uice is .selling in moderate parcels at L3O, and butter' is bciii<j moved oil" at Is >>fd. Bottled ale and stout continue in demand. Bruniiy has not (.•eelined, MarlclPs and other tost brands are iv shcrt -uipplv, ar.rl full quotations are maintained. Wool, &c. — Messrs It. Gokldbrough and Co. report :— Dur sale held this day was well attended, but the advance which several growers expected in consequence of the late favourable news from England has not been obtained, buyers steadily r< fusing to give higher prices. We catalogued 3 r )33 bales, of which quunlity 1779 bales were sold at about late rates — greasy realising B.UI to hi Id; scoured, Is 2id to 2s 3£d; and ileoce, Is Id to 2s I Id per lb. "

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/ST18630106.2.4.3

Bibliographic details
Ngā taipitopito pukapuka

Southland Times, Volume I, Issue 17, 6 January 1863, Page 2

Word count
Tapeke kupu
835

MELBOURNE MARKETS. Southland Times, Volume I, Issue 17, 6 January 1863, Page 2

MELBOURNE MARKETS. Southland Times, Volume I, Issue 17, 6 January 1863, Page 2

Help

Log in or create a Papers Past website account

Use your Papers Past website account to correct newspaper text.

By creating and using this account you agree to our terms of use.

Log in with RealMe®

If you’ve used a RealMe login somewhere else, you can use it here too. If you don’t already have a username and password, just click Log in and you can choose to create one.


Log in again to continue your work

Your session has expired.

Log in again with RealMe®


Alert