The Waikato Times Wednesday. DMELBOURNE MARKETS.

Waikato Times, Volume XXI, Issue 1734, 16 August 1883, Page 2

The Waikato Times Wednesday. DMELBOURNE MARKETS.

; ' ' MEskßg GOMiJmttOUGII AND Co. Import umlor date, Melbourne, July 30. Woor..— Onr matket lias witnessed little • ft^fltfl'VTotjiJotOjd"" 11 ? J^p-P-istimonth, this being ' the diill scasori of the ydar. Owing' to the cxcpptjpnal|y smnH quantity coming- forward, trrfnsltcrions' lihvo been' 'limited to one publir auction and a few unimportant prtvatp sales, the f fotjl (iuantrt^diipo/cd of lx|inif abo^t 550 bales. 1 "riidrc Jias been .in active ddnUnd' lor merino lots, the principal buyers being (.he local mauu- ' facturers ahd .shippers/and prices have been well . (maintained, being fully equal to those quoted in our last circular. Cross-bred wools remain dull^ 6f sale, and are difficult to quit, except at com- 1 parativcly low rates. Current prices are :—lnferior to'fair average greasy, 6\d to lOd per 1b ; ordinary to good scoured merino, 12d to 18|d per •1b i and average scoured cioss-brcd, from fl^d to lOd per lb. We are now in possession of detailed *dvicc<? and catalogues of the last London sales, which disclose a much lower range of prices all round tli, in had been generally anticipated. For medium greasy the average values of lust series were barely maintained, whilst tor inferior and faulty kinds, and the coarser sorts of crossbred-., the market was very ninth depressed „( S cou,red, and fleece wools have sold irregularly 'throughout the scries, and although the fluctuations have not been great, the icsults will still ' "be tinsatisfactbry to shippers. Superior greasy alone lias maintained its oosition, prices lor which ha\o been very h'rm, and quite on a par with the early March rates. Suki'l'skins. — Current quotations are :—: — Hutchers' Green Skin\ &c, superior, 5s 3d to 6s each (a few exceptionally good lots ],ay(,, ay( , rcihsed , fia 0d each) ; do. do. do , average, 3s to 5s 3d do ; ' do. 'dry do., superior, 4s Od to 5s Od do ; do. do. do., average, 2s to Is Od do ; dry station skins, superior, 3s to 4s each ; average. Is Gd to .5? each; the quotations per pound being— for supcnoi, s^d to 7d per lb ; average, .'ld to s jd do. Him". — We hive passed through a large number of hides, and found ready bujcrs for all offering' .it satisfactory prices, although oflate prices have given way slightly, resulting Jrom the increasing supplies and the large proportion of hides in bad saleable condition which have been put upon the market. New Zealand heavy •weights, nominally from i^d to s|d per lb. L'm low.— ''"here has been a good local demand and shippers have operated to -.onie extent ; but, owing to the scaicity of suitable tatlow, the rather unsteady tone of the London market, and other minor causes, sales oflate have been lnni'tcd. Ihe local manufacturers until recently were active, and supplies found prompt sale at satisfactory prices, but at piesent the tone of the market is flat, and competition at our last auction w.is very weak. Late rates are still current, and supplies cluelly comprise countr) lots, which find steady buyers on Jot <il account it satisfactory prices. Wo quote .— Mutton, £M to £.il ]os, fob,; beef, j£ <)2 to £,lti per tun, J o.b. , mixed, ,£BO to £30 10; per ton, f o.b. We have sold 707 c<isks during the month. Mom KM Ok Ms Kii'oki — 'since our last report operations have liei n altogether confined to the °upply of lot.il requirements and iiiUtrolonial shipments, but these not being suflictent to relieve the market (it our surplus pindurtirm, values li lie gradually ret cried, and the month closes dull with a\ci> limited demand at ruling qiiotitions. Iho f.ivouiablc harvest prospoits, combined with the large surplus on hand, will in nil likelihood lead to a lower range of prices shortly; but meantime the low prices ruling for wheat in the home markets, togrthct with the dlllicultyofprocuringtreight.it moderate rates, prevents shipments to the United Kingdom being resumed at present. Stocks in store have shown a very perceptible decrease during the month, but with the opening of new lines of railway to the wheat-producing districts supplies have been on an increased scale, and in consequence the market, as was expected by some large holders, has shown no improvement — "Wheat, with very little \ari.ition in puce, has ruled during the month at about from Is lOd to 6s per bushel, gradually receding at close to the former hpure, at which large parcels arc still difficult to quit.— Flam : A lair export demand to the other colonies has helped us to dispose of considerable quantities, but we cannot report nn) impro\emi-nt in prices, which now rule .it from £ft liis to £10 per ton for .ill well-known brands.— Oats, owing to large imports fiom New Zealand, ha\e reached the lowest price of the season, and, as stocks .ire accumulating, there is no prospect of any impro\emcnt m this c< re.il, quotations nnw rntinpj.it from 2s bd to tis Id, according to quality - llai/i p,-Wc ha\c liad some shipments liom S.m Krant is< o, which h.-iio helped to make up our own deficiency Piinie mailing parcels .ire still worth ">s Sd to os, but the qu.mtitj offering is \ei j limited I'e.is ,md mai/o •ire sale ihle at .is lOd and Ja Od per bush' 1 !, and bran at Is Id.