MELBOUKNE MARKETS.

Waikato Times, Volume XVII, Issue 1435, 13 September 1881, Page 2

MELBOUKNE MARKETS.

Mlssks Goldsurough report under date Melbourne, August 29, 1881 : — Wool.— very little business has been transacted in this market during the past month. A few unimportant auction sales have been held, at which about 820 bales were disposed of, consisting principally of scoured parcels from country fellmongers, in fan to good condition. The attendance of buyers has been large, the local manutat turers being well represented, and prices ha\e ruled firm tor all descriptions. Our telegraphic advices announce the opening of the third series of London Wool bales on the 23rd inst. The catalogues comprise about 3 |2,000 bales ; 33,000 bales having been sent to the manufacturing districts direct. Prices, as compaicd with the closing rates of the summer series, arc scarcely maintained, crossbreds and faulty scoureds being quoted id to id pel lb lower. Ihe sudden change in the harvest prospects, which are now regarded as unfavourable, has, no doubt, been the cause of this decline in values, as, according to latest accounts, the ■woollen trade, both <it home and on the Continent, had commenced to show 'signs of revival, and a hopeful feeling with regard to the future was generally entertained Competition, howevei, is said to be fairly animated, and we hope that prices willh «rden as the sales progress. PRICI.S CURKEN'I. s. d. s. d. Greasy— lnferior . . . o 6 to o 8 Ordinary to average . o 8 „ 010 Good to superior on „ 12 Fleece, washed — Inferior on „ 11 Ordinal > to average . 1 2 „ 1 5 Average to good 15 „ 18 Superior 1 9 „ 2 o Scouied— lnfenoi 10,, 12 Oidinaiy 14 „ 16 Middling to good ..16 „ 1 9 Supenoi , 1 9 „ 2 o Shfcpskins. — Since the date of our last circular there has not been any perceptible change in prices, and the local fcllmongers competed vigorously until quite lecontly, when a slight lull took place, probably caused by the desire to learn how the third series of wool sales in London opened before making extensive purchases. Dutchers' green Merinos, of extra si/c and quality, 6s 6d to 6s qd each ; butchers' green skins, supenoi, 6s to 6s 6d each , do. do. do , average, 3s to 6d each ; do. dry do., superior, js 911 to 5s gd each , do. do, do., average, 3s to 911 each ; dry skins, in bales, ke, superior, s^d toojdperlb ; do. do., average, 3d to $ld per lb. Him s — Hie aspect of this market has been extremely depiesscd tin oughout the month, and silos of silted hides ha\c been effected with diffii ulty, except foi superior lots in good condition. Nommal values of shipments from other colonies ire — Ne»v Zealand heavies, in good condition, vj tl to 4{<l pei lb; Sjdney and South Australia l-eawcs, jd to |jd per lb. fvnou —We have disposed of ios6 casks during thi month, and found the demand on local account good. Business for shipment was very limited during the rarjy part of the month, in consequence of the scarcityc arcity of freight, but of late heights have cased, and se\eral large shipments ha\e been made, lhe tone of the London market is at present firm, and prices have ad\.uiced, consequently slnppeis exhibit more desire to operate, and supplies offering are readtl) cleared out We quote — Mutton, from £27 10s to £29 los per ton , beet, £26 10s to £29 10s do. ; nu\ed, /,23 10s to £28 10s do ; inferioi, £17 to t° £ 232 3 !Oi> d°" •Shipping' parcels, of < hoice brands — Mutton, 10s to £30 per ton (fo.b), beef, £27 10s to £zS do. (f.o.b). Win Vi, — Owing tv the telegraphic news of fhe bad piospccts of the Jingli'sh harvest, and the estim itcd deficient y of the American yield, our matkets have assumed a \ery buojant tone since out last monthly icpoit, and large operations Imm bun effected in both wheat and flour. A use of od pel bushel lias taken place in wheat, md several largo parcels ha\i ehangid hands up to 5s Gd per bushel for prime shipping qualities, and theie are still buyeis willing to operate at tins rate, fot medium and inferior pi ices have nsen in ptopoition, and oui market closes with a strong feeling Fiouii. — Laige pai eels have changed hands at advam ing rates, and all pnmc lots would now find bu\crs up to £i\ ls,s per ton. 0 vis --Within the last few ddj,s our m.ukct (owing to large imports from New Zealand) has ■>uffei 1 d .1 dec line of full) 2d pur bushel •ill round, md a \ei> dull feeling is expenenccd at close. \\ c < mnot quote o\ei 3s 6d pei bushel tor prime milling 15 \ri 1 \. — Owing to the small offerings, theie has been little doing in this cereal, but puces tor all prime malting samples are hwn up to 3s 7d per bushel, lnlenoi samples moung at late rates. M \\/\ is 111 good demand, and we have disposed of sevciai paicels at fi 0111 4s id to 4s 3d pei bushel.