COMMERCIAL.

Waikato Times, Volume XXXVIII, Issue 3028, 10 December 1891, Page 2

COMMERCIAL.

'j'ht Waxkato rimei Otfir.i t Wednesday. MARKET REPORTS. Tim N"W X s iland L iau an 1 Mercantile Agency Company report under date:--SYDNEY November 22rd. — Wool : (free). —Since the ilate of our last issue, a very large volume of business lias been pausing in this market, and although shearing was for a tiinn greatly delayed both by wet weather and the prevalence of the InfloPiua npidninie, the quantities of wool which have i j ielied the clnet dist-ribnf iur contru in tliin Colony alt) much lurß'-r than was the case at this time last, year. The c italotfiien offered during the past few weeks have ticen fullv representative and competition, mi French and Yorkshire, account has heen uniformly K""d, especaly for the best clnsiseH of merino produce and cross-bred varieties of the «tnii!o. For inferior and mooiutn doKcriptionfl of both greasy and Hemred merino, the market has been extremely sensitive from the commencement of the season, and the tendency of prices has been in buyers' favour each succeeding week finding such wools more difficult of sa'e. To-day's quotations are :u follows Greasy flt)"ce—supi-rior, Od to 10J I ; mfdiutn to f;ood,ti.|d toS.j'l ; inferior, fklti (i.Jfl, Scoured— superior, lo.ld to ltvl ; medium to jood, 13d to lod ; inferior, lid to 12)kl per It), — Wheat: (free). —The market cfurin? thepnat two or three weeks has continued to rule very quite, millers showinp but little disposition to operate, and values may be taken as quite nominal. Whole chickwheat is saleable at up to per bushel.—(fro-*), —Oats have remained steady until with the past ten days or ao, when some speculation bes;an to take place •win? to tho probable imposition of duties, and at the moment he-t. feed oats may bo quoted at 2s " 1 per bushel, and fair t > good descriptions to L's. Hold rs, howver. are Tcry chary of Joins business I i any 1 irgo extent at fisjuris ever., though fiere iN nothing to w irraot a ti iuer market b'yond Ihe antici|)athed alteroion in the custom's tariff as maize still rules very plentiful. Sied ou's meet with no attention ■ t. presS"nt, and may be quot)d nomina ly at 2s per bushel. Auklaidb. Novemher lit,—Wool : The combined brokers hel I their tilth sale of tho season on lfith in t. when catalogues amounting to nearly 10.000 bales were submitted to public C'tnpeti ion. Tho various clips included some of the choicest wool grown in the Hil 8 distri t, and although competition for these lines was fairly brisk, t.lia general tone of the sales was undoubt dlv lower and the quantity of wool withdrawn was in excess of any sale so far hold this season. The highest prices only ruled from 9Ad to 10.], d per lb, and we quote these wools and medium cl vs» merinos ruling from til to Sil per lb at .Jd lees than a fortnight ago. For tho lower qualities of Northern merino which s-II at from l ; \d to TiVl per lb wu report but litt-lo change, the tuudoncy, however, b j iug in favor of buyers. Lambs' wool wa.i alao easier, whilst, ciosiibreds and modiutn to tine quality showed comparatively little change, and crossbred lainbs, some of which wore of excellent quality, realised full value, — Whtat : Thi, rn .rket is quiet. Jsuw wheat is slowly a'riving at the Northern stations. Large lots of old wheat are quoted at from ■IsSd to-lj fld, and parcels of new wheat are bailie purchased at from 4s 3d to Is (id nr. our Port. Under date 17th inst. our London office cabled us us follows:—"There is little demand, and the market ha.s a downward tendency. Quotations are unchanged since last telegram."—Oats (duty 2s per cental)—A little more business has boon transacted during the past week or ei, and there is a slightly better feeling. Sales are reported at from 2s 3d to 2s Jd, in bond, Port Adelaide.

UI'N'EDIN, November 2tl. — Wool : Locally *ho buainesH done is confined t.i oddments, which realise full prices. There is hardly any of tho new clip yet to hand. So much broken weather has prevailed lately that shearing operations have boen considerably retarded. Since the above wont to press wo have tho following telegram from our London office :—" The sales opened at an average decline of about 5 per cent on last sales' closing rates, except) for good easy merino, good scoured merino, and crossbred, for which the market is unchanged." —Wheat: There is no new feature of any importance to note with regard to the position of tho market, which oontiuues quiet, but still firm. Quotations aro unaltered, which are: For best milling Northern velvet and Tuscan, 4s lid to 5s ; medium to good Southern, 3s 9d to Is (id (ex store, packs weighed in, terms).—Oats : There is no change to report in this cereal since our last. Tho firmer feeling then alluded to etill exists. Any idea of satisfactory returns from the Austrdian markets, this season at any rate, has been abandoned. Quotations for good to prime feed and milling, Is 7d to la 7'd—a shade more for extra prime lots ; medium to good, Is (i.M to Is 7d ; inferior, Is SAd to Is (id (ex store, sacl<n extra, net cash ; :jd per bushel extra f.o.b. Dunedin).

> CHRIsrcntJHCH, November U7.—Wheat: The Homo market is reported firm, with a hardening tendency, but locally business is inactive, as millers are supplied at the moment, and ruling prices leave 110 margin fur export. 11l Australia prices have un easier tone, and a higher lev«l there is not. anticipated in tho near future. Wo report mir quotations, viz.—4s !ld t> ri.s f.0.b., Micks extra, for lines of good tnillinpr (lu.ility, acuoidinj* to description.—Uats: This market- continues to show increased firmness, and several transactions have been reported during tho week at enhanced values, ('uoiatinns for best qualities are fully Id per bushel d»arer. Wo quoie prime milling Is 11a to 2s, heavy feed Is .101, long Is 7Jd to Is 8!d p-.-r bushel f.0.b., .sacks extra.