COMMERCIAL.

Waikato Times, Volume XXXV, Issue 2852, 23 October 1890, Page 2

COMMERCIAL.

The Waikato Times Office, Wednesday. MARKET REPORTS. The Now Zealand Loan and Mercantile Agency Company (Limited) report under data; — Adelaide, October 3.—Wool.—We held the first wool sale of the season on the 2tilh ult., at the Old Exchange-room in Piriestreet. There was a large attendance of buyers and others interested in the wool trade, including representatives from the leading firms of manufacturers in England France, Germany and America, who were present in greater numbers than on any previous occasion. We catalogued 58!) bales, consisting chiefly of wools from the Northern ami River districts. The condition of che staple was generally lighter than last year, but many of che NorthEastern were short and sandy in the backs of the fleeces. Owing to a disparity between buyers' and owners' limits we were obliged to pass in a considerable portion of the fleece wool, but have since made sales by private contract, and anticipate carrying through further business in the course of a few days. The demand for lambs, Eieces, and locks was good aud competition een, almost every line was sold at satisfactory rates. Best Merino Hold at 8d to "Jd ; average Northern lots at Gjd to 7jd; lambs, 51 to Gjtd; piece", 4d to U^d; locks, Id to 2Jd. —Wheat: The market still continues very dull and quiet, owing to the strike. Values to-day are 3s Ud per bushel, on trucks. Port Adelaide, gross weight, bags included.—Flour: Quotations remain the gime as last week, viz., —best patent-roller, k!'J to £9 ss; country superfine, iTKw to £8; household, £5 15s to £6 per ton.—Bran is quoted at B£d per bushel oo trade parcels. —Pollard is worth 8d to B.Jd per bushel. — Oits (duty, 2s per cental) : Prices are quoted at 2s 3d per bushel, in bond, gross weight, bags included. Melbourne, October I.—During the past week there has been a little more inquiry for wheat, and one or two parcels have been placed for shipment. The crop prospects of the colony, so far as can be gathered, are of a satisfactory character, and a good yield seems probable. The export trade to intercolonial ports is very limited owing to the high rates of freight asked, and, in consequence, the demand for (lour is not brisk. The M. M.S.S. Oceanien tuok away last week 400 bags of wheat, and 370 bags of flour. Our deliveries of wheat and flour tfy rail during the past week show an increase of 7403 bags compared with its immediate predecessor. Our gross receipts from the Ist January to the 27th September by rail cover 1,000,333 bags of wheat and flour, as against 779,425 bags for the corresponding period last year. Our exports to date from the port of Melbourne for the period under review are rated at 44,025 tons of wheat, or its equivalent in flour. —Wheat: Privately a better business haH been done, and tho market for prime is firm at 3s !Ud to 3s lOd. To-day we sold good milling at 3s 9Jd ; and inferior lower. —Flour: Business of small extent at £8 to £8 10s for stone; and £!) 10s for roller, in baker's lots.—Oats: Very little enquiry. New Zealand prime milling are worth 3s Id to 3s lid ; and stout feed, 3s to 3s Id, duty paid. Other quotations are: —Algerian, 2s to 2s Id ; Calcutta a, Is 8d to Is lOd ; Danish, 2s 7d j and Victoiian (stout), 2s <)}d. -Barley: Few transactions have been reported, and the auctions have been devoid of sales. Prime malting is worth 3s 9J to 3s lOd ; and fair to good, 3s 3d to 3s firl ; Cape is selling at Is lOd to Is lid.— Maize : Supplies in excess of requirements, and prices irregular. We quote 3s 4i! to 3s lid for fair to prime.—Bran : Weak at Hid. Very little moving. "CHitISTCHuncH, October 10.—Wheat: Demand quiet, but best lines still command full prices. Tuscan, 3s 3d and 3s(id; I'earl, 3s 3d and 3s Id ; Hunter's White, 3s 2d and 3a 3d per bushel, f.0.b., sacks extra. —Oats: There has been a slight enquiry during the week for bright heavy qualities, but other descriptions are neglected. Today's values are—Prime milling, Is Gd to Is !)d ; heavy feed, Is 4d toils f>d ; ordinary, la 3d per bushel, f.0.b., sacks extra.— Barley : Nominal quotations are—Prime malting, 3s and 3s 3d ; secondary, 2s and 2s 3d ; feed, Is Ud and Is 9d per bushel, ex store, sacks extra.—Potatoes: In the absence of any business it is difficult to quote present values. Some lots have been offered at 10s per ton at country stations with jut meeting a buyer. Dunedin, October 9.—Grain.—Wheat: The vacillating tone of the market at. Home is to a certain extent being reflected in this, as, although buyers are ready to purchase prime milling in limited parcels of certain descriptions—such as velvet and Tuscan — the supply of these held in first hands being by this time almost exhausted. There is no demand for red wheat, even when in good condition except at a price out of proportion to that paid for tho former. There is an idea prevailing that should prices at Mark lane further give way there will be no difficulty in procuring supplies from the North, and at lower rates than those obtained here. Any few parcels, however, that still remain in first hands are firmly held in tho expectation that higher prices will be obtained, which is quite probable, notwithstanding late reports from London. We quote prime milling, velvot and Tuscan, 3s 9d to 3s lOd ; medium to Rood, 3* fid to 3s 8d ; best red wheat (nominal), 3s Gd to 3s 8d ; medium, 3s 4d to 3s Gd ; no inferior offering (ex store, sucks weighed in, terms.)— Oats : The. market continues quiet, no demand of any consequence existing. Stocks, however, are now down to a very small compass, and with but few arriving holders are not ovor anxious to quit at prices offering. Tho demand for Australian ports continues exceedingly quiet, and until we hive an iuipiovouient in the deln uiii for shipment, with freights down to their former rates, the business done will doubtless he limited— simply confined to local requirnni3iits. which are daily getting less extensive. We soiii at auction this wfck prime nulling at Is 4d ; good feed. Is 31 to Is 2.W ; medium, Is 2d to to Is 3d : black Is 2M ; musty and inferior. Is to Is 2d (hx store, sacks extra, net).—Potatoes ; Stocks in town are more than sufficient for requirements. Nearly all th« lots put up at auction this week had to be passed in without an offer. During the weok prices have been ranging from 13s to 3,h per ton for best (sacks weighed in).