COMMERCIAL.

Waikato Times, Volume XXI, Issue 1746, 13 September 1883, Page 2

COMMERCIAL.

,f., f . i , ffaikato Times Oflirc, Wednesday. ,' - ' sJIKr.nOUHN'E jrAKKEI'S. Messrs GrOLUSimoUou and Co. report xmclor date, Melbourne, August 27 :-— Wool.— There has boon eompaialdvely kittle 'doing hi this market .since the mite of our lasb summary on 30th ultimo, j The arri^allfe of old wool during the month Shave been very limited, and transaction^ 'have (|tb}#efsrebeen confined ahn6st A entiYely to a Vow parcels of up-country scoured, which hjvve been quitted at pi ovum* rate*. Owing to, i the unsettled weather, which has retarded drying operations, the usual quantity of tin* description h.is not come foi- \ >vapd, consequently many tun All orders remain uniilled. A brisk demand pietails, and all suitable shipping lots can be leadily placed at satisfactorily pi ices. Cm rent quotations are:— Scorned Merino Skin Wool : Firsts and seconds in usual pioportions, Kid to 20d per lb ; thirds lid to 14d per lb; Scoured crosslink, firsts and seconds lOd to 12d per lb ; thirds, Gd to 8d per lb., with lower classes m proportion. Our telegiaphic advices from England respecting the opening of the August-Septem-bei seiies of colonial wool sales on the iilfat inst. arc not so satisfacloiy as we could wish. Tlic total quantity available, including old stock, annmntcd to 110,000 bales of which 3(10,000 bales, wore Australian produce, the balance, nO.OOO bales being fiom the South African colonies. Th« optjiimg catalogue, which contained 11,000 bales was lather a pooi one ; consequently tlu'.e was some incgulaiity in the bidding-., which aie lopoited to have been somewhat deficient m spirit. No doubt the huge quantity bi ought forw.ud for this scries has liad a denicving influence on prices but as stocks in England and on the continent aie said to be reduced to the lowest limits, while consumption continue* laige, the decline in values will probably be restricted to the f> per cent, already quoted on inferior and faulty kind* and coarse crc-bbreds. As regards this latter description of wool, a largo quantity of which is now produced in the eoldei distiict* of this colony, we regiet to find it lias passed (juite out of fashion, and . un til thcic is a change in the kind of fabrics at present m demand no improvement in \aluo-, need be looked for. Lincoln hoggets which sold at .SOd per lb in 187:2, aio.now quoted at DA per lb., while due Au*ti.vli.ui Washed Lukolu, of good st\lo, has sold in the last sales as low a* 11 Ul par lb ; in f.u t, all lustre wool-, are now low ci than they li.uo b>vn at any time dining the last seventy uuis. (Irouer* of stiong ciossbied v. ill tlion'foii> do well U> bear in mind the ])o-ition of the nixikot when consigning then clips for sale this tr-ason, and lefi.im ficm placing umuason jibli- limits on thcii piuducc. Jlovmn ( .' it \\ t "s Ki.ioi'j. Theieis\ei\ little altciatioii to jmtt 1 m the value of giaui. |)uiing the month urn in u Let has contiuui'd in .vi macti.o state, and <mr e\]ioit tiade ha» \ wn u \ tlie most limited ilesciiptioii, owing to hokleis -.howing no dis])usitio>i t > u-abso on tlvjii w'h it undci H* poi biiihol, a p> ice which o\poiteis could not opuiate at without facing a ducot loss Jjaige stoiks an still sup]josulto brs held m t-omc of the, coimtiy distncts, but it is dilhcult at the moiii-'iit to anno at a conect estimate of the a' tual suijilu* still available fm e\poit, th'iiigh the ((inntitv must be, co'isidi'i.iblc. \Vhe.itli.is\ain 'I httlempiicf tlnoughont the month, the i tiling latos having been fiom Is JOd to ss, and at these ligiucs l.ugc paicls ]ia\c changed hands, b.it'i to nnllci-. and to) cpoit to ?sc. South W.'le-. LaigupauiK oJ lloin !i,i\c l)oon foi<\ allied to 'Ik othir cilninc* without, h ( )'< >»ci, .lilictingoui pieMou-. quot.iti<m» "ffi 1 ) l"i-. t) -t'lo pel h>n. The jmpuit-, of oats fimn jN'ca Ze.il.uul h.ivmg fallen oil coiisidci.ibh, juice- -hi>\. an nnpiii\cmcnt of about Id ud_ M pei bushel, and as the cuiisuuiptioii i-> Jn^e, piesent v.dues aic hUi'lv !■> be munliiiK'd at horn :^s to :^s IJd pei hu~!>. \ ateindmy to quality. JJaile\, o" nnoi o to scuctv-, has ulv.mc >d to (!s ,"d foi all good maituig qiu'lif,^^ and a difhculty is c\]ieucncul in supplying the iluiuaud at tin* li o me. Teas and niaizo aic .saleable at '.'>- 'Jd to .'3. 10 1, and bian at Is Id pel bushel