COMMERCIAL.

Waikato Times, Volume XXXVI, Issue 2893, 29 January 1891, Page 2

COMMERCIAL.

II : H'.iU-'iiu Tim-s 'I'li"-. Wednesday. markkt Ki:r<>i:Ts TiikV-v /. I !<■■"' ■""> M'-i-cintilc A,;:m:y Company (Limited) repnil under diiio:— Ciiki-n mu.ll, .1 Mi'} , 1 (; - -Wool : I'.y tin: Sun Kr.-mci.HCi. mini wu havo priced eah>1,, s~t i 1,,. lirst Him. (lays of tho l;i«t w.ri.H "f p.li.m.i! wuol sales in London. winch fully cotilirtn llic unsatisfactory tenor of tho cablegrams previously received. Our London circular, which is all" to hnnd, suys l!iat. although reports fp.in tho manufaeturi.i- centres have n.it recently been altogether <it a reassuring nature, the requirements of thu trade aro undoubterlly conBiderablo; aud while tho adoption of tho .M'Kinlcy TarilT Bill in America and the lately increased cost of production have, for tlm limi) being at all events, exercised a depressing influence on tho market, tho present position of the industry may, on tho whole. bo regarded as a fairly satisfactory one. Tliu second series of local sales was hold at th» Chamber of Commerce Ha 1 last Thursday and Friday, when tho attendance- was large and representative, uicludins English, Continental, and all the local buyers, also representatives and owners ot four woollen manufactories. The improvement anticipated in business had been realised though perhaps not to the exteut that might bo looked for by some as satisfactory. Homo of the wools offered by us made ~<i to I'd per lb more than was ottered at our previous sale. Grain. Wheat: K will be satisfactory to note that tho English market continues mm ana slightly advancing; the Continental also has an upward tendency, and the American is unchango'l. This improved fine will doubtless bo reflected in the colonial markets. Locally, stocks ot piimo milling aro low, with perhaps the exception of luscan, i>l winch there is a moderate supply though not more than will probably be required tor home consumption. Late tatea are therefore more likely to harden than otherwise. — Oats- The market during the past week tun not been quite so lively. -The speculative soirit displayed lately seems to have ti.uod down somewhat. A few sales were affected at auction this week at u t ) to Jute quotations, while several lots were passed in unsold. JSuyers are apparently disinclined to operate at any further advance.— Dairy produce :— There is no improvement in the domand for export for either cheese or butter. Some small parcels of tho former are being shipped occasionally at from Id to 4jd per lb tor medium size, but the quantity as yet is limited. Butter is moving otf in small lota for retail purposes nc from 6d to 7d for best salted in Pond's boxes ; no demand for inferior to iiiediutn.—Flax : We have no alteration to note in tho position of the market, and (luoti; properly dressed, soft and bright in the fibre, £19 to £20 10s ; medium to good, l;l.~i to '.'IS ; coarse and strawy, £10 to £14 10$ per ton. UUNKINN, January 15.—Produce.—Wool: Up to within tho last two days deliveries have been freely made by i ail and road to thti different stores and warehouses for the cumin" auction on January 22, when it is expected -I.JOO bales will be offered, boveral well-known clips will this season be disposed of in the local market, and a good attendance of buyers is anticipated. Wheat: Tho business donn is limited, owing to the paucity of lots offering.—Oats : Firmly held by speculators, but buyers holJ off at prices linked. There is no improvement in outsidn demand.—Dairy Produce: Butter M to 7.W. cheese 3&d to Id per lb.