COMMERCIAL.

Marlborough Daily Times, Volume X, Issue 139, 14 December 1887, Page 2

COMMERCIAL.

WOOL AND GRAIN MARKETS. The Now Zealand Loan and Mercantile Agency Company (Limited) have received the follow Mg telegram from their London office, dated 10th iustant “ Wool—'lue sales closed firmly to-day at level of last sales. For long staple merino light 'n grease, especially new clip, the market is firmer. Tho sales comprise about 155,000 bales ; SO,OOO bales have been taken for the Continent and 1500 for America; 11,000 bales have been holdover for future disposal.” Special to United Press Association. London, Dec. 10. The wheat market is unchanged, but holders are firm and buyers reserved. Good Australian shipments have been sold at 355. Two cargoes of old November shipment sold at from 34s 3d to 31s Gd. For now January shipment, 3-ls Gd is paid. New Zealand consignments average 345. Inc flour market is do l '. r lne wool sales closed with prices vei j ffi m and improving. The prices show a general recover y equal to the October rates, and in sonro instances above. New c l: p is attracting some attention, 108,000 bales being catalogued for series, of whmh 55 per cent has been w Ithdran a for export, 1500 for America, and 11,000 reserved. Special to Tress Association. London, D. c 9. The beetroot crop is expect d to fo’l below tho est ; mate. Sugar is quoted at 15s 3d, and is sf'l advancing. Queensland sugar is quoted at 15s per ewe, Ships for Australia are scarce, consequently Australian freights are h 'dor ‘ >g. Reuter’s Telegrams. Lor jon, Dec 10. lire total quantitv of wheat and flourafloat for the United Kingdom is 1,540,000 qnuevs, r id for the Contment 231,000 quarters. Adelaide wheat, ex store, is unchanged at 34s (id, and New Zealand wheat at 32s to 33s 6d, accord'ng to quality. Adelaide lloi’r, ex store, remains at 245. Wool—At the color‘ill auctions to-day the catalogue comprised 9500 bales, for which there was a hotter demand than usual for most descriptions. P'iio November-December series of wool auctions closed to-day with a good demand for most descriptions, characterised by much dimness. Pne total quantity sold during the soiies, including that forwarded d’'rect to rnanufaotu'' ng d’stricts, amounts to 160,000 bales; 11,000 bales have been held over for next sales. Greasy wools generally close at about the mine rates as last sales, but Poit Plv” : p and Sydney greasy show an advance of one halfpenny l-’gher, wl-de crossbreds close on a par with previous sales.