Markets.

Lyttelton Times, Volume VI, Issue 421, 15 November 1856, Page 6

Markets.

LONDON AVOOL REPORT, Jult-21. .-185.6. A better feeKng has been observable iv the northern markets during the last fortnight, and more activity in ai! brunches ; the manufacturers have been more liberal in their purchases from the dealers, an i a greater quantity of cloth has changed "hands than lor some time past —the merchants buying with increased confidence. The tendency to anticipate a serious decline at these sales has pMitJally subsided. The determination of holders nol to submit to a. greater depreciation lhan 5 to 7# per cent, will be productive of its effect, arid impart confidence to ail. Our large sales coimnenced on the 17th, extreme anxiety having been felt for the opening. The feeling on the part of dealers was very decided for lower quotations, \rfaile the manufacturers were disposed to buy at the reduction quoted—being short of stock and anxious to avail themselves of the large exhibit which will be niade at these sales ofthe best clips from all ports.

Tbe quantity arrived consists of 52.000 bales ; it is expectL-d, however, that uot more than 75,000 bale, will be offered.

Tiie sales opened with much spirit at a concession in price of about to Id. per lb., at which Teduct on all parties were free operators. The attendance was good ; both hoaie and foreign buyers competed eagerly for the better descriptions, and it is anticipated, judging from tbe tone ofthe room, thzi prices will be fairly supported throughout; and, should the weather prore propitious for the harvest, the slight decline established will be fully recovered.— Home Xeurs.

The colenia* wool ?ales opened on Thursday with a very large and - influential attendance of home and foreign buyers. Tbe quantity to be offered is 75,00C3 bales; the sales will close on the 23rd of August, and it is arranged that no further supplies shall be brouget forward before :h?3otlrof October. According to Messrs. Edenborou.h and Co., Port Phillip, Australian, and Tasmania- wools have sold abou: the same as at the close.of last sales. The biddings have been spirited. The qu-unity in first hand*, inclusive of that arrived during and since the-May-sales and off the coast to this date, consists of about .76,19* bales, including 25,591 bales from New South Wales ; 2-3,508, Victoria; 8,855, Tasmania; 5.52.3, Adelaide; 6,472, Cape; 2.112, New Zea3-nd; aud 837, Swan River. About 3,000 bales received via Adelaide consists of Port Phillip wool.—_£. and K.Z. Gazette, July 19. SYDNEY. The Sour and grain markets are stated to be. dull and prices failing The ' Empire' of the 18th October*-gives the following report — Flour akd Grain,—The millers letain last week's quotations. It was expected there would have been a'further reduction, inasmuch as sales at auction have been made at prices unde- those given by the millers. Messrs. T* Barker and Co. quote fine i'iower at £22 per ton : wheat. 7s. 6A. per bush-?}. Tney s*a;e that tiie principal transaeiions during the week have been in I\ew Zealand wheat. A lar_e i a-cei was purchased privately at the above, figure. Bran, Is. 6a. to Is. 9a. per bushel. Messrs. Berkletnan and Bate also give the same prices. Luker an i Rowling—Fine "flour, 2*s.; seconds, ditto. 20s. ; bran, Is. 9(L per bushel. Wheat has been bo_ght at from 7s. to Bs. ,or good colonial, JmjKir,ed is still held for a higher" figure. Mr Buck • y—Flour, £24 for fine, £22 for seconds; bran. is. 0"d. to Is. 9d. per bushel; wheat, 7s. to 9s. per i,i;s•■«!. Oi, the the 20th we find tbe following paragraph : 1 lie ri.-*vy importations of «.rain and'flour are at ler.gth producing their looked-for influence on prices. M; isv or tne speculations in foreign breads!ulis are likdy to be atu-nded with loss, while tiie public will derive tbe benefit in the cheapening of bread. r"' I:>' WJ!l nm' i ('° reP<,ne(' "h Saturday having cold ;':.r {-.peculation the car»o of tine America fioia Cii;:i, !?oiia;:,t:ii2 of about 500 tons of flour, at a shaite tin irr £20 per ton. _ S..J -s of Nf-w Zealand produce are reported ou tin- i7,i,.__jG tons of flour a: £10 12s.Gil. ; potatoes by „'J^m:', ,--,; ,j\ s . pP r ,„., . *i rt , Ci . Wiw | ( ,-,._,„ j^; _"Jo;-'«". ; puces, JOjVd; iJtoki-n, Oii.