COMMERCIAL.

Waikato Times, Volume XXXVII, Issue 2974, 6 August 1891, Page 2

COMMERCIAL.

■ '/".v.: Waikotb timet Office, Wednesday. MARKET KEPORTS. •, lie Xiw Zealand IcMiii ai.d Moic.ui'i!o Au-'Sicy O-mipaiiy (Uimitetl) r.-port as follows Aiii.i .ui j-: .July I". —Wlic it.—Thoin lias been I !II tU- muni < 1 is;.n-iti■ 11i t 1 > buy during tti.: |.!Ht H'rel;, Init liuliler.s ar■! lirn. >u 1' .'.no lii ml it. with Lhe luit'i uvi'il .--t ;te ~f 1 i.'.rket ill Melbourne. Slacks are in Hlil'ili C inpas-. ami it is .•stiuiate I that lio ii,,;. t tri .li ;>o,oou '"cs mil iill to satisfy I tin rcf|Uirt'Hicii''-. f home and (■ p'• il. irade. i.l'.jo f.iro, «w m.l liktttv to kivo v.av, n tuitliil.aii'llll!; Ilif) I' l vvr;r prices r.aw ruling in England. S> I<<m of prime wheat ~,0 , xu"tte(l at Is IOAd per bushel, and there an-still buytus at this figure. Under date 1 Pli inst. nur London nltice cabled ns as follows "The market is very weak. Now Zealand wheat has declined lid per 406 It) tunc''last report. New Zealand wheat, f.a, ri., to arrive, iron ship, is worth, c.i.f., 30s perlSOlnifl. April-May b. 1.; nominal value." Flour ; Host brands of patent roller flour ar- quoted at it'll to £11 ss, although sales ar • reported at considerably under this price; country superfine, £10 ; and honseho'd, £(J 10s to' £7, f.0.b., Port Adelaide.—Bran ; Tho markot is slightly easier ; sales boing reported at Is Id per bush I.—Pollard is in fair demand at from Is I.M to Is 2d ppr W.shel. —Oats (duty 2s per cental).— Stocks nrn ample for present re juirements. Fail ftvoruft" feed in)? qualities selling at2s od per bushel, in bind. Port Adelaide. MlJLBntntSK, .July 17.'—Grain : The past w iok, owing to the'flood dieters, has not been a busy one in tho grain market, but towards its close more inquiry has been experienced for wheat. Some rather largo Bales have been carried through on account of up-country millers, and ill town the demand has also been brisker. Prices liavo hardened somewhat, and even for medium quality a penny advanco has been obtained. The London market is weak, notwithstanding the reports of bad European croiis, but this is duo to its being overweighted at this juncture with .supplies, both at hand and afloat. The local rains have done some injury in the Gotilbnrn Valley to the earlygown crops, but, apart from this, the position is healthy and prospects good.— Wheat : Market decidedly stronger, and advanced price" paid for prime. We quote : Seller*, ; buyers, 4s lid, but the former not offering freely.—Oats : The demand is mainly coiilinod to good Algerian qualities, which Bell freely. We quote : Calcuttn.s an 1 Dun, Is Sd to Is 10.] ; Algerians, 2s to «js 2.W ; Danish, 2s Id to 2s 5d ; Stout, 2s tid to 2s 9d ; New Zealand in hand, Is lid to 2s.

LONDON COLONIAL WOOL REPORT Messrs Wir.l-AN'S A Nil OVBHIII'RV, Burnt bus, Ruroivr, on tlio 20th May •Since tho cloe of lust sales business in the Colonial in irket, has been quiet. A very few transactions chiotly in the Cape wools h iv" taken place at about old rates, but the turnover has not been sufficient to reduce appreciably the quantities held over or to ull'urii anv clear indication of tho general tendency of prices. Complaints of tho unremunerative character of trade are still rife, nevertheless, it is certain that tho volume of business actually dene is extentijvo, and that consumption continues on a la rut) scale. J.t is also well known that stocks of the raw material aro much reduced. Under theso circumstances it is presumably tho knowledge that durinp; tile remainder of the year supplies will bo considerably heavier than usual, which at lireaont' weighs upon the market, which causes the demand everywhere to be of a liand-to-moutli character and which may perhaps huvo un adverse inflneneo on prices sit the forthcoming auctions. The woollen industry, both at home and on the continent is, howovor, in a sounder condition than it was a year ago, and it would apjieir that as inspects this industry, the McKinley tariff has to some extent failed in its object, fov whereas manufacturers in the I'nited States aro far from .satisfied with tiui result, considerable orders on American account have recently been placed ovor hero in spite of it. The gross arrivals nml transit f irwardiujfs to date aro annexed, from which it appears probable that the 400,000 bales limit will shortly be ranched, and that tho nett quantities available for the sarins fixed to commence on the Cth June will be approximately 350,000 hales. — New South Wales, 5)3,884 bales ; Queensland, 111,710 bales : Victoria, 59.797 bales ; South Australia, ii3,;V,)O bales ; West Australia, 14,00H bales; ristnania, 11,273 lulos ; New Zealand, llo,'Js(> bales ; Cape and Natal, 52,008 bales. Total, 385,306 bales. _