FLOUR, &c.

Otago Witness, Issue 196, 28 July 1855, Page 2

FLOUR, &c.

Tub Mjlt.p.— The v.nsoMled state of this market, together with the intelligence of an advance of £7 per ton having token place in the flour market at Melbourne, pieclude the possibility of quoting a maiket price. Sales are nnde only where absol'i'.^ly necessary for immediate use. — Sydney Herald, June 30.

BuB.i.'HSTurFS — The fltrur market has been ciltogether uii-vettled, andjirices have lisrn co.siderrf.blv. One holder has sprung up £7 per ton in his demands, for Chilian, and £3 \ ton on .ill descriptions. Wheat has also changed hinds fur seed at tiio enormous price of 2is. per bushel. It is believed that the effect of this rise will be to induce the neighbouring colonies to lealise on their stocks, and to abide, with us, the supplies which are expected. Both flour and wheat are in few hands ; and the non-ar-ri\al of se\er.il cargoes fiom V;ilnar<iiso,Talcuhana, now overdue, bus contributed to the opportunities of speculation in this market. It is now evident that highly remunerative piiccs will rule for nil articles in this trade until the effect of our own harvest a.nd that of the neighbouring colonies can be brought to bear on the m.tiket. It i& a singular fact in connfclion with the amount of stocks in the interior, thit bakers were lowering the price nf bi^adat Ballaarat, while in Melbourne it was b;Mig raised. — Melbourne Argus, June 25.