COMMERCIAL.

Marlborough Daily Times, Volume VIII, Issue 2011, 16 November 1886, Page 2

COMMERCIAL.

MELBOURNE WOOL SALES. (reuter's telegrams). Melbourne, Nov. 10. Messrs R. Goldsborough and Co, Limited, held their usual weekly sale yesterday to a large attendance of Home and foreign buyers. Competition for all lots was brisk. The' catalogue* comprised 7000 bales, including several well-known Victorian and Riverine clips which realised very sat sfactory price*. Good grea«v fleeces realised 11 cl per lb ; good greasy lambs ll£-d ; and good scoured 18Jd." 6700 bales w • • add including clips disposed of priv .ffiy. The sale was con id e red the most satisiactory one of the season. THE LONDON MARKET. The New Zealand Loan and Mere intile Agency Company, Limited, have received tli-* following telegram from their London Office, dated 9th inst :—Wheat—the market is firmer. Victorian is worth 35s per 49Glbs ; New Zealand average quality, 345, and lougberried 35s per 496 lbs. Barl-y— There is a better market, and New Zealand sorts are in demand at 395, Tallow —stocks are light, and the marmot is firm. Good rautten is worth 27s : ditto beef, 24s 6d per cwt. Frozen meat—Market quiet. New Zealand mutton, weighing per carcase from 60!b to Gslb, is worth 4£>i per lb. MELBOURNE MARKET (reuter’s telegrams). Melbourne, Nov 10. The manager of the Na ional Morlgage Agency Company of New Zealand repoits as follows on the local market Wheat lias a slightly improved tendency, 5s to 5s Id per bushel. Barley is dull at 3s 9d to 4s Gd. in oats (feed sorts) there is no material change to report, 3s to 3s 3d. Oats, milling, for which prices are barely maintained, 3s 4d to 3s 5d ; New Zealand oats, under bond 2s 4d to 2s 6d. THE SEPTEMBER WOOL SALES. We have received from the New Zealand Loan and Mercantile Agency Company copies of their list of prices at the September London wool sales. Compared wth those of last year and the earlier sales of this year the prices arc remarkably good, though, as we said before, they do not approach those of the prosperous years 1572-73-74. The best class of New Zealand greasy combing merino brought as much as Is Old per lb., which is a great rite fro.n the 8d or of a few months ago, bat is still n long way from the Is Gd, or even higher, of twelve or fourteen years ago. At the September sales the best greasy crossbred brought better prices than the merino, a few hales g dug as high as Is 2d per lb. On tlm whole, greisy wool is better than washed or scoured to judge the market by, as though the quantity of grease is variable it is less so than the quali y of the washing or scouring. There are one or two evident misprints in page 51 of the list, where two hales of greasy pieces are setdown as bringing Is 3d per lb. 13 bales of greasy locks Is 4jd, and* 8 bales of greasy combing Is s.£d. When this can he correctly stated the proverbial leaps and bounds will be going on with great vigour. —-N, Z. Times. Per Press Association. Dunedin, Nov 15. The Dunedin Finance Committee, at their meeting to-day, declared a dividend of 5 per cent. FROZEN MEAT. (reuter’s telegrams). London, Nov 13. Large quantities of New Zealand and River Plate frozen mutton are now in store.