MELBOURNR.

Southland Times, Issue 3578, 9 December 1879, Page 2

MELBOURNR.

The Argus of, the 2nd inst. reports forthe ' previous 'diy :— | / > jj 9 -Breadsturfs are'finnrand trade sales are making-of flour at|*l2 ss, to £1^ 10s, No i special' enquiry oeybua -ordinary -wants has, I however, been experienced. Wheat is quoted at 5s lid for fine4>iit 'there! is s not muchoffering, for though a large quantity appears to have been received for the week from the country districts, the greater portion has come to hand- inresponsejto-« port business advised some time ago. The millers are bare of stock, but are averse tti ipurchasfng,- as the new wheat will now' be very soon arriving at market.; A parcel of inferior has been quitted. | Oats are still heavy, .and there is little general enquiry at our quotation of 453^ to 28, 9 d. A I I parcel of 500 bags tine was* sold in bond at 2s Gjii * • Maiie is in-good(trade demand at 3s I to 3s Id.' Messrs Geo. Bencraft and Co advise having reduced t)\e price of->t_eir oatmeal to £18j and the price Joi their pearl barley to £25 per,- ton.. Sugars have,a goodj trade demand. " Sales of finewhites aie mentioned at £40 to £41 . Fine.brewing ,cry stals have also found buyers at i_Q._Tb-mo"rrow some 13,600 pockets Queensland he^offevefl ,publicly. Samples of these sugars have been ou view all day in the .auctioneers' rooms, and much surprise has beefi' expressed at the progress made in sugar- growing in thejsister colony, those now referred iio being' quite equal to any ot a .similar^ class„biought here from Mauritius or* Java. * „Teas are moving 'off steadily; about 1000 packages low congous have been quitted on private term9_ To-mor-row" 5000,'packages^5viU be.snb.iutted to competition. ' Comsact&'tbave "again been run after, as the high freights" ruling in Calcutta, and the rise in„ exchange, will nowjnake a considerable difference on the cost laid down. About 1000 bales haye_again changed hands at a full price in bond. r> Trade, sales are.also making at 9S duty-paid. About 200 bales of woolpacks aie also advised amongst tbe day's transactions. Inquiries for fice are icpor&ed to have sprung { up. - r Hops are moving ok qnietly; a parcel of IB^9 c Tasmaniau has been placed at , close, on ,2s. The stock pf 1878 f_ehts' has' 'been entirely cleared ,dut; 40 pockets 1877 Kents— all thivt could be ggt hold of in the maiket— have alsdlaepn' tafcjjeh. up, Victorian, ,wi_es are attracting more attention. '"Several importantsaU-bave'been made lately. , ,),'■.■• » •< Zj Messrs?. H/Cloiighahd Co report :—" At our w t ool sale Jielcl this .afternoon, w.e offered a catalogue of 10d0 bales, the bulk of which found buyers at^prices that show" a slight improvement for'choice lots. The marketris firm, with an active demand, and all descriptions except lanibs "and low cross-breds'fiud a ready sale. We sold 59 bales of the Whifefield clip at' \\\A, aiuT'62' bales crbss-breg, same, mark,, at ,I0^d; also ,30 ,bales OB .over Myall TPlains', at lljj'd. '" Greasy 'sold f rom 7Jd to md; fleece, r l3|d Ao 18d, and scoured, l«Rl to 17£ d per IV."" " "\[_ Messrs B.^Goldsbrough and^ Co , held -tl^ep usual sale of" small clips fo-day7 and cajtologued 881 bales, „pf which 850 bales^ we^e sold, greasy realising s£d tol2<l, and inferior to ordinary t fleece. llfdio lo£d. r .Competition was very brisk, ahd^prices firm. \ J

Messrs R. Goldsbioug-and Co report under date Nov. 28, for the previous month :— , - \ Wool — During the'mbn'th 53,817 bales h^e been catalogued, and 44,610 bales sold, -thus making'a total of 78,912 bales catalogued" atfd 63,483 bales sold since the opening of- the > season on the loth ult. Prices have gradbally hardened as the sales progressed, and . curfent'rates'are how £d to Id higher than they were last month. The advance has been more noticeable" on light', good-cbnditibn^d , greasy, which has .been freely bought -for America at a full penny advance. Other descriptions have also participated, but to a more > limited extent so far"as*regaids washed fleece, and a general firmness has been, manifest, the { sales'having been Vii_-'Chroaghout.~' /