COMMERICAL

Waikato Times, Volume XXXVII, Issue 2986, 3 September 1891, Page 2

COMMERICAL

':"';' fPnikiti "i -es (JH<<-*, Wednesday. MARKET REPORTS. Tim Now /.ml.ui.l L...M anM Mercantile Agmicy (.'imjp.uiy (Limited) report us nriilnr :— Cmusrciimicii, Au£-n<t2l. — Wlieut: Two d'.i.vs ■ mil' cabin reported a siiililou jump in value* ut M.irk Lane of •J-i (ill pur quutor. and tliu n-sxt news is nii'Wrly a>";tiu'il. Sd far. th>ro is no app.u'tiiil iiiti'ra'ion in values locally ; but tiiuio is In tin nifuring, as pending further information, holder* are reluctant to accept ruling r.ilcs, anil buy«r.i d" not fuel warMiiteil in respoii'lmg to tlin extant of the rise mentioned.—O.Us : Them h a fair inquiry for linns, and prices aro maint lined at f rm r l«vel. Present quotations mi' —L'riino milling, Is 9.V1, hjivy fend, Is S.JI, long 1h 7id l>er bushel f.0.b., sack* oxtra.— Potatoes : There in no improvement to repoit ill this market, «n:l quotations are only nominal.—Dairy produce : Without, alteration.

Dunknijj, Auiciwto 20. — Wh:at: The amount ut business put through during the past week has not bo«n very extensive, but Ht ick-i at the nulls at'o being gradually reduced, ho that the time is within measureabli! distance when further supplies will be roi|iiir;id: an it is, the market is showing some sign* of improvement, antl sm.ill lots hiiva been disposed of at prices which could hardly have been secured at any time during the mouth. —Oats : A steady domand continues tu ho experienced for both good milling and short bright feed, and a moder ito business has been dona during the l> ist week on the basis of late quotations, which continue tirni. Deliveries fnm the country have now almost ceased. Sellers, in consequence, aro less anxious to push N.tU'H of those in store unless full prices are obtained. There are not so many lines of really good sorts now available, the bulk of those ou hand being only very medium.— Potatoes : There is no change for the better in the market for these, and sales are difficult to olfect. Quotations nominal.— Dairy produce: The market is bare of really prime ealt butter, which is worth iihi'iit 8d; medium and inferior, hard to place. There is very little factory cheese now offering, but the demand is not extra brink at I'i'd per lb for medium size, and 5d par lb for loaf; dairy-made, 3d to 4dt per ib, mid in fair supply.

Adelaide, August 20.—Wheat: There fiia been very littlo demand notwithstanding the advance which has taken place in London aud in Melbourne. Holders are asking more money, but very little wheat if* changing hands. Some small sales have bfton carried through at from 4s 10d to 4* lLil at Port Adelaide, and at 4s BAd to 4s !M at outports.—Outs (duty 2* per cen'.al): .Kair average New Zetland feed oats are \v >rlh 2a 3d por bushel in bund, Porl Adelaide, and we have placed trade parcels at H> "2hd, duty paid. Mkluouknk, August 21. —Since our last weekly report a marked change has occurred in tho wheat market, and the period of dullness which existed for noma weeks has Riven place, to one of considerable activity. The f.ict that millers, both in town and country, held small stocks has been previously referred t'>, and though efforts have been made to stave off buying, atill the necessities of the situation could not be avoided. The tiisi. move occurred on receipt of cable messages from London reporting a considerables advance and a soinev hat excited mirkot. This news seems to have determined the trade that the time was coma to purchase, and close on 50,000 b;iga changed hands to country and town buyers, prices advancing to an equivalent of iss Id., Melbourne. The movement in the Europe in markets has be.on caused by the failure of [lie rye crop in Russia, and particularly in Germany, and as this grain supplies the ordinary bread fool of both countries, a demand at once set in for wheat to supply its pliicc. Considerable excitement was reported in bhn various markets, but. asi we write, p quieter feeling oxists. The imnediito outlook, however, points to a firm market, and witli an unwnrd tendency of prices as thn European winter approaches. One authority looks fo- a fiOs market before Christmas Although London prices will not directly iiinV>m:j our niirkct at the moment, sh'ppinsr being over, it however will Invo n most i.tiportint heiring on the now crop, which shouM return farmers handsome profits.