MELBOURNE.

Press, Volume XIV, Issue 1881, 26 April 1869, Page 2

MELBOURNE.

Breadstuffe are exceedingly inactive, and no Bales can be effected unless at a further decline on late rates. Flour is nominally quoted at £13 10a. No sales have come under our notice. Wheat cannot be quoted over 5s 6d to 5s 7d for beet samples ; the millers are offering to purchase at 5s 3d to 5s 6d. By auction a parcel of GHpps Land wheat was sold at 5s 5d to 5s 7d. Maize continues to be quoted at 5s ; but there is little doing in the market. Feeding oats are neglected at our quotations of 3s 10d to 4s. Seed oats, however, are in brisk demand at 4s 3d for prime samples. Under the hammer the Bella Rose's cargo of Natal sugars was disposed of at very extreme rates, prices which establish an advantage of 20s on most descriptions ; 3224 bags were offered, and the whole found buyers j 27s was obtained for low rations ; 39s for middling yellows, and 40s 3d to 42s for good yellow to low white. The damaged portion of the Mahela's cargo will be offered to-morrow. About 1600 packages of gunpowder and S. O. pekoes, ex Maud Helen, were quitted at from Is s£d to Is Bid. The advicee to hand regarding kerosene oil have caused considerable excitement; in fact, throughout the whole of the day no sellers could be met with at anything like reasonable prices, or to suit the views of buyers, and the only actual sale which we could hear of was of a line of 7000 cases of mixed brands, which changed hands at an advance on late rates. It has also transpired that the quantity disposed of last week on speculation amounted to close on 30,000 cases. By private telegram from Adelaide, we learn that in New York " Kerosene continues steadily advancing, and packers of oil find an inquiry for Europe and South America fully up to their ability to fill. To Australia but a limited amount is going forward. The general impressinn is that a further rice will take place. Quotations have risen from 48c to 50c. 11,000 cases shipping to Melbourne, mentioned in Bth February circular." Sales of woolpacks a"c are reported at 49. In liquids, we hear of Blood's stout being quitted freely at 9s 6d. Arrol's ale has also been placed at 9s. Martell's brandy has been freely disposed of of late at 23s 6d, and holders now in timate'iaving raised the price to 245. Otard's brandy in case has also been sold at an advance. Private telegrams regarding Calcutta produce state that no rice has left for the colonies during the month for Australia.—"Argus," April 15.