MELBOURNE MARKETS.

Timaru Herald, Volume XXIX, Issue 1237, 6 September 1878, Page 2

MELBOURNE MARKETS.

The New Zealand Loan and Mercantile Agency Company (Limited) report, under date, Melbourne, 28th August, 1878, as follows : — Since the date of our last report the tone of the market for breadstuff a has been decidedly easier. Owing to unusual heavy arrirals by rail during the post week millera and dealers haro been operating- great caution, and present, appearances' do not encourage any prospect of an adrance on rates now ruling. WHEAT. The 'receipts during tho past week are far in excess of any week during the past four months, and the market has; in consequence, further declined. Sales have.J>een made of prime Northern at 5s 2d to Ss 3d ut the close of last week, but to-day 5s 2d is the highest price obtainable, at which figure wo hayo quitted aome few parcels. • . kwttb. A fair amount, of business has been done during the week, confined principally to appreyed brands of country flour, which have been sold at £10 15s to £11, bub to-day an easier tone pervades the market, and some holders h»Ye aocepted £10 12s 6d to £10 15s OATS. Owing to the paucityof supplies very little business has bt en done during the week. At auction some few parcels of Tasmanian were quitted at 4s lOd to 5s for feed, and Victorian, at 5s 2d to 5» 4d for Tartarian. The small lot of New Zealand milling on hand is he.d for 5s 6d. BIEIET. Prime chevalier is exceedingly scarce, and any lots offering would reamly command 6s 6d to 6s 9d. Cape and Oregon are in good request at 5s 6d. HAIZB. Owing to the heary supply that has come forward during the week prisfg have slisiht'y deolined, eales havii.g been made at 4a 8d to 4s 9d, but holders are not inclined to press sale* st these figures, believing that the market will again recover in the course of a few day i.

PEAS. A brisk demand b( ill continues for grey and dun at 6>, and b ue, for feed, »t 7s 6d. BttAN AND POLLAUD Larye ealcb for export hare been made during the week, ol the formpr at Is 2d to la 2£d, and for the lutter at Is 5d to Is 6d. GBASS SEEDS There lia' been no bu-ineßs of importance doDe in ngriculturul feeds, and in the absencu of tnitisacli ■m quotations are merely noininul.