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MELBOURNE.

ViVTKe ; 'Ajrjgos;6f the^th instahfrrepOTts;-^; V^- s :' Initheimpprt market 'busmjjsshasnot eviM the dightest appeara_cebf_cti\dty; Breadstuffare movingofE butivery'slowly.y-Large quantities of wheat are coining forward^^ from the-coun-tiy districts, and an easier feeling therefore pre; vails, Sales are more ; difficult to make, and,,theprobabilityisVtliat to do bu-ihess -to^ahy extent lowefrates.-iviU have to bejtakenV rQur quotatioh tOrday ranges from 4s. Bd. tQ;4B. ; 9d.y. and at these rates business - has'befin done to' amoderate extent. -V_lour-is quoted at £11, and though small sales have been made ;at ; the price, yet it is knowh'that to get rid bfVparcels less money would haye 1 to be taken. -Oats aire saleable, at 4s. 6d. -toV4s. Bd, for VictorianV feeding. ; We" iearh that further parcels of the Countess of JErfol's shipment Vhave been moved of at ; full ratesV, About 6,000 bushels' Calif brnian WiU be , sold -publicly to-ihctoowy 4s. 7d., and business' continuies to JseVdoiie at.that | figure. The inarket'in Sydney is likewise re-; ported to be firm at 4s. 3d; Sugars have a; mbderaWtrade demand, and id all likelihood we. shaH sbe a;mor«V active, inquuyjaslate advices; from England are of a much more favorable] character, andVmust act favorably bit the;mar-|| ket here: A telegram has been received to-day, | which states aiatthe/Londbn-sngar market has, advanced 10s. to r2os/- Consequent upon operations on the : Gdhtiheht for foreign account, London stocks' had decreased 70 3 000 tons as com-' pared witii same time :last year, the ! diminution | being 60,000 tons within the last three months. | yThe beet yield wUl, : itis anticipated, be under preyibus-estiinate; ahd'the Demerara crop will show a considerable ■deficiency.- -; Trade parcels of brewers have beendisposed of at £33. Sales ofFrehchloaf have been made, at £43 10s. Teas haveVa trade demand., In. half-chests business is advised at prices ran^g, according to quality' 'from lid! to Is Bd., goodcongbuSbemgniimproving request. The : ;rice market generaUy is quiet; •New Patna ; is likely to be herefat .aiiii earlier period than usual, owing ; to theVsteamer.being this season selected as'the. medium by which the first shipment is to: come: forward, atelegram having been received to the effect that 400 tons of.neW; will beVdespatched 'by the .January steamer to this 'port. To-morrow some rather large parcels of Japan and Patha will be offered. In liquids) sales of Hehnessy's case brandy, to arrive, are .mentioned at 345. to. 34s.'Gd. y'._^. _ ; Mr S. A. N. Wiedemann, money broker, with liabilities which only amount to £2,518, and assets showing a surplus of £497, has made an assignment of his estate in favor of Messrs H. W. Danby and S. Grawcour. V Messrs JiHrClough and Co.- held, their first' wool sale after the holidays at their warehouses to-day. which was Vvery fuUy attended, and the biddings up to certain limits were spirited, al-; thoughyas compared' with the last 'sales prices :were a shade easier..- -The .^catalogue comprised 775 bales, consisting of inferior to ordinary descriptions. Greasy realised 7d.tolofd. ; scoured, 14id. to I8p. ; and fleeSe, 13fd. .to 19d. per lb.-. I' ; The -usual sale .of small clips was held at Messrs K.-Gbldsbrough and Coi's warehouses today, and there was a good attendance of buyers, each lot being weR competed for. In aU 246 bales and 109 bags were ' sold at rather lowerprices, the decline being- most noticeable in ordinary descriptions, greasy ranging from 6<L to 10Jd., and inferior Washed 14d. per ib. .;.,-=; •v. w^y ;;■-••;. ■ .

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https://paperspast.natlib.govt.nz/newspapers/ST18790114.2.5.1

Bibliographic details

Southland Times, Issue 3297, 14 January 1879, Page 2

Word Count
550

MELBOURNE. Southland Times, Issue 3297, 14 January 1879, Page 2

MELBOURNE. Southland Times, Issue 3297, 14 January 1879, Page 2