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Auckland Star, Volume XVIII, Issue 144, 20 June 1887, Page 3

(SPECIAL.)

m London, June 18.—Brilliant weather is being experienced for the wheat harvest. The collapse of the corner has however, caused a cessation in trade. The continental demand is still disorganised, but owing to the market clique prices are well maintained. In California high rates are held. There are large arrivals from the Australian colony, and several cargoes on passage are expected. United Kingdom cargoes are unusually small. Australian on the spot (uew) is realising 365, old 37s j cargoes to London direct, 34s 6d. Two off coast cargoes have been sold at 35s Cd. .

At the wool sales to-day merinos and fine crossl)veds recovered from the previous decline. The inferior crossbreds are, however, still a half-penny below previous rates. In the manufacturing districts trade has improved, and foreign buyers are extremely active. At the wool sales 123,000 bales were catalogued, 7,700 being withdrawn for manufacturing districts. Sydney, June 18.—New Zealand wheat is quoted at 3s to 3s Od j New Zealand oats, Is 9d to 2s 3d; the market for oats is glutted ■ maize is selling at 3s 3d ; potatoes at 50s. Adelaide, June 18.—Wheat is unchanged at 4s 2d to 4s 3d ; flour, town brands, £9 15s j country brands, £8 10s to £8 15s.