the series 100,000 bales have been sold, and 33,000 are held over. The various descriptions have experienced the following decline in prices Anstralian'greasy, lid lower ; Australian scoured, 3d lower ; Port Phillip and Sydney fine to finest greasy and scoured wools, 2£ lower , inferior qualities, 3i lower; greasy cross-’ breds about a Id lowe*-, and scoured crossbreds 2d to lower. The first series of next year’s sales will open on 25th January. The probable quantity to be offered is 210,000 bales. Special to Press Association^ London, Dec. 16, The wool sales closed to-day without -prices rallying. 125,000 bales were catalogue, and .34,000 were withdrawn, inclusive of 15.000 which had not been offered. Good greasy merinos, a peony; •inferior, twopence t scoured, twopence to threepence i and crossbreds a penny, below September dosing rates. The New Zealand Loan and Mercantile Agency Company have received the following cablegram from their Loudon office, dated the 16th inst : —• ■’ Wool.—The sales closed at an average deoline of fully 2d per lb on the last sale’s prices, except for limbwhich is unchanged. The pr. filial decline haß bean in scoured,.and medium and inferior greasy. New clip wool of the same descriptions have declined a Id. Woois of a faulty character are neglected. The total quantity sold during the sales is 100;000 -. bales ‘j 32,000 bales have been held over; for fu.ure disposal ; 46,00 > biles have been taken for the Continent, and 1000 for America. MELBOURNE WOOL SALES Reuter’s Telegrams Melbourne, Dec. 17. "The New Zealand Loan and Agency Company held their usual weekly sale yesterday in the presence of a full complement of buyers, The catalogue comprised 3023 bales of which 2881 bales are disposer! of, making a total of 2881 bales for the week. Competition was animated, and the market for greasy wool is firmer than last week, without, however, any material alteration in the price. Greasy wool sold up to 131'i, washed fleece to 151 and scoured wool to l7id AUSTRALIAN MARKETS. (reuter’s telegrams.) Melbourne, Dec. 17. The monthly circu ar of the New Z island Loan and Agenov Company states that probably from 13,000 to 15,000 tons of Victorian wheat will be avaihble for export this season. It is based on au cs - mate of 12 bushels to the acre. Sydney, Dec. 18. New Zealand wheat is selling at 3s lOd per bushel; oats 2s Id ; maize, per 56lbs, 3* 6d ; Sugar Company’s No. 1 piece*, L 25 per ton. Pollard is unsaleable at 9d per bushel, THE WELLINGTON MARKET. George Thomas aud Co,.report produce prices for the week ending Dec. 18, as follows“ The barest demand exists for horse feeding grain, and quotations remain without alteration Large quantities of oats are being held in the South Island, and, as they must be forced on the var ous markets during the next two months to make way for the new crops.it is natural to infer hat prices must still further reduce ; at present w« quote 2a 6d to 2s 7 ( IJ for heavy milling, and 2s 3d to 2s s<i fof feed samples ; oatmeal lias also reduced to £l2. Several of ihe leading millers are endeivoring-to increase f.o.b. quotations of flour by another 10s., and aver as a reason the great difficulty experienced in obtaining prime samples of wheat; this may be so in some districts, but*we are inclined to the belief that present prices will not materially be affected nntii the gathering in of the present harvest, when it is surmised that flour will again be offered at about the rates —£7 to £8 f.o.b.— which ruled at the commencement of last season. We quote —Flour, £ll to £ll 103 ; fowl wheat, 4s 6d ; pollard, £5 10s; b-an, £5; maize. 3s 8d to 3s 9d ; feed barley, 2s 9d to 2s 10s ; beans 4s, peas 4s, onions 14s ; old potatoes, fit for seed, £2 5s ; hams an* bacoo, 7d all round ; chose, 6J to honey sd. In new products we note that potatoes "still maintain last week’s values, £5 per tou ; onions l£d per lb ; green peas, 5d per peck ; gooseberries, 3» per half case; eggs IOJd to lid per dozen. The market has been a most bare of fruit there being no arrivals from Sydney, and it is unfortunate that the Tektpo will arrive with consignments some two days after Christmas. Cherries from Nelson never came forward so and the quality is not up to usual standard; good demand exists for poultry, whic is ruling as follows : —Turkeys, 10s geese, 6s 6d; ducks, 4s ; fowls, 3s 9d pe Pair.”
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Bibliographic details
Marlborough Daily Times, Volume VIII, Issue 2042, 22 December 1886, Page 2
Word Count
757Page 2 Advertisements Column 5 Marlborough Daily Times, Volume VIII, Issue 2042, 22 December 1886, Page 2
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