SYDNEY MARKETS. QUOTATIONS.

Waikato Times, Volume XXI, Issue 1759, 13 October 1883, Page 2

SYDNEY MARKETS. QUOTATIONS.

Hi -.-.us Mour & Co. in then Annual Wool uhl pioducv ciioulai dated Sydney, October 2, IHS.i 1 >poi tas follow-., inter .ilia : — Wool. —Follow ingoui annual custom of brieflvcom.nentiii'_, upon in ittois bu.uiiK) moie espoic,illy upon the ni.uket- foi wool and other pioduce, wo ha\oto repoit that the losults of tlio past yi.n\ tians.tctions Iki\o fully Doi iu>, out o\n anticipations ;is to the advaut iL-o to of lcslisiug their clips m the Sydne\ mukot. I (1 ioin the veiy commencement of oui sde 1 - w Inch opened on the 22id OetnWi, then was yie.it buoyancy in the bidding w ith a full .ittandance of Ficnch, i Jernian, Am-Jj ie in and Knglish buyei s, w ho woio ..lined with uilliinitod ordoi->, jid i.io.'o an\ioiw to do business tit pi ices which the .se({U(!l show to have hivn well up to ICnghsh valuer. In the h»ht of the uns.itisfactoiy lesult foi the mo.t ]>,ut t > those gio.vois who pretfiied H'hni" upon the Homo inaiket to icecptnig (!olou,d l.it'-s, it must lie a in ittei foi l; i e.it relict that bin eis'disposition loopeiato did not leceive a freer re-spo.i'-c A l.i u'o nunibei ofgioweis have l)'coni(' m> habituated to to London (liiect, without thinking of testing this in.v ket, tli.it they do not icahhO how miicli they have at times lost tin ou<di not giving the buyci-' licic an opportunity of bidding tot their clips. Tins, we feel sure, is becmn' tljoy d<> not appieciate the change tli.it has come ovei inn wool market dining the past few ye.us. R.iiiuhtv of operation, sluch li.is l)icoine so essential a part of all modem conuneice, is now a necessity in the >vo'il tiade. I 'or e.uly dehverv, a nianuf.ictmi'i can aft'oid to pay as well as for any .itliei adviiiita'ce, and in no way can he get <«00l inLo Ins w.ueheuse so f|iiiekly as by bu\ing him) and unpoiting dnect. Eaily list sci-on it was estimated that the pi e\ ions di y a\ cither and the consequent hs-, of htock would .seriously diminish the wool supply, and at the -,une tune sensibly (li-fceiioiato the quality of a laigo pioportion of that .u ailalile. Ho f.u as this colony .s concerned, the former contingency his not been boine out, but -\\e lcgiet to -ivtlieieis ample evidence of the latter pi the low ci figiiies which are now being UMli'/ed for inferior-conditioned and wasty ge.iei.dly. The e\poit for the year hoin the colony i caches 272,193 bales, or an Mieie.ise of .'?(;,(ttO bales ; whilst from the >thui colonies the mci eases and decreases 'cm as f(>llo\\h :— Victoria, decrea&e, -'-'.O")! bale.; South Austialia, incieahe, Jl')3; (Queensland, about the same; oi an i^^iegate incieasc of .some 13,500 bales. It '\ ill be seen fiom this that New South Vales is not only fully holding her own, but is steadily iikji easing her export and i ijiidly assuming hei light position as the leading wool market of the colonies. This view is now fully lecognised in all tin; colonies, and tlnough theelfoitbof those who, like ourselves, arc closely connected with this hnpoitant trade, Sydney will -.hnifcly h.uo an array of splendid wool waiehouics unequalled in this homisphure. Mthou'di the coming clij) will, as regards those distiict- which have not suffered scveiely fiom the diy weather, be sound and well grown, our advices lead us to okpect that the wool will bo unusually light. It is expected that we shall have a number of fiesh buyeis both fiom Ameiica and the Continent of Europe, and already foreign bujuih aie beginning 1 to assemble; and when the maikot fairly opens, we anticipate the establishment of a satisfactoiy demand at Kites, which, we feel sure, will coinpaie favouiably with those recently ad\isod fiom London. (itt ux.— Tlie impoils of wheat from the noighboui ing colonies and from California have been large during the year, and a consideiable portion has gone to the country districts to replenish local stocks. At the piesent tune the market i.s well supplied with Adelaide and New Zealand wheat, and millers sire looking for a concession on late value-) and are not anxious to operate. We made sales of Adelaide at os 2d, since which the maikot receded, and at our last auction sale best colonial zealised from 5a to /5s OW per bushel. New Zealand wheat is difficult to quit just now. Oats sell leadily at fiom 2s to 2s (id per bushel for best samples. Bian, from 12d to 13d per bushel. Pollard, lOd to lid per bushel.