Melbourne Markets.

Otago Witness, Issue 1652, 21 July 1883, Page 15

Melbourne Markets.

The following is from the monthly roport of the Nati >nal Mort.age and Agency Company, dated Melbour c, July 2 :—

Breadatuffß. — Wheat, having steadily declined during tho first half of June till 4d tmd been lost, has recovered Hd to 2d, the lower rates having attracted considerable orders from Syduey and olsowhore. Theso will probably now be checked by the increased price demanded, and we look for a quieter market at about ss, ex store. Flour Buffered even more than wheat, declining 20s per ton, but the market ha * now steadied^ and prices range from £9 15s to £10 IjOb ex store,, according to brand. Feeding GrMnfe.— Ab foreshadowed in oiu last cir-

cular, tho increased arrivals of oatn from New Z aland, Bimultaiieoui-]y with the el-si ig v > <>f bond outlets, have depressed price*, and the endeavour to di-noae of shipment-* on ariivnl led to a fall of 2d per bushel Prieea now current raiiui> from £> 0d to 2s id for inferior to prime teed, and ui> to 3s 3d tor priniu milling; meantime tho anp 'lyf Viutorfrn has steadily decreased, and socks of that description in the city are «x<>eedi ugly bmall. Four-fifths of our laigo con•i:m tion X for the pr>sent.. huppli"'! from the seaboard ; and h ying in view the circumstances of this and the surrounding market:, in regard to this cereal, the probabifily i.« that Melbourne will receive and bo able currently to consume shipmeuts about equal in magnitude to her recent receipts, and at prices not bolow those now ruling. Should the supply Of rna'Zo increase, the consumption ol oats will be reduced in that proportion ; but should the supply of oats be diminished, a better market may be looked for Maize is in somewhat larger supply than it has been for some time, although it has eased but very slightly. Sales are making at 3s lid to 4s Id Capo barley is lower, and tho rnoro receii" sales have been at 4s Id to 4s 3d. Th» bran market has eased steadily, and is quiet at la o^d. Pollard alao lower, and selling at Is Id to Is 2d. Pease ha\e declined to 3a 9d to 3s 9Jd.

Barley, Malt, and Hops - Prime malting barley haa not alt ere 1 in valuo, a steady business having been done at up to (is Inferior sorts, however, are in far loss demand, and to place parcels lower rates have had to b'i accepted. Sa'os at 4s tid to ss7d.s 7d. Colonial raalt fin. ls buye'S at 7s 3d to 7s 6<i. Hops havo been exceedingly stagnant, brewers as a rule being well fupplied The cm rent t-ominal quotations are : AMctorian, 2s 6d to 3s; Nelson, N.Z , 2i 6dto3a;Taamanian, 2s 9d to 3a 6d.