Australian Commercial Letter.

Poverty Bay Herald, Volume XXIII, Issue 7542, 24 January 1896, Page 4

Australian Commercial Letter.

HMBlt^-k , V ' ■■ -SypifEY, Jan. 18. H^Hfewobl.sale held oh ' Thursday was jj^^HKi| : 'Of the weekly series,. as the cpian- - Iwarrantß fortnightly ■^HKglv'oniy.v.: 'rTiroughout tho week HS^Bption was extremely keen, with a tendency. The sales dosed HH|M&rjn. Scoured wools were specially HJl^Bs^ttnd sold at -4-d to -id higher. All m^Bliriasy was snapped up at full rates. j^B^Kithe commencement of the sales close BHH&OO.BOO bales were sold, as compared bales offered and 328,000 the corresponding period of last HBHJiV; week's import market has been ■HBehieflydue to the intense heat. The HjH^r the re-adjustment of prices in j^^^Biquence of the remission of duties not completed, has confined busi■B^EwVretail character. ■HKjsythpathy with the advance in Melbreadstuff's improved. Towards ■BRtjose Of the sale good milling wheat BMHb4s 2d to 4s 3d, and roller flour L 9 HHpLIOSs. The produce market closed -The -hot weather had the effeofc of HH|ly: reducing stock. Bran advanced H^Rid,; pollard is scarce at lid ; potatoes, H^ROstO L 7; 12s 6d. Dairy produce is BMBqo4 -demand. Wheat flour, equal to and a quarter bushels from San |HBbcisco, are now afloat or loading for HHri South Wales and Queensland. Califl^Biian wheat offering at 3s 4M for the HBV shipping, and 3s 7^d for the beat HSftog at the ship's slings in Sydney. ■BBir' ■ ; . Melbourne, Jan. 18. H^Hhe wool sales -were marked by great j^SHkness and buoyancy. There was a ■HHlcal improvement of from |d to £d for flHHkhe better classes, bringing prices level ■■111110:0681 obtained during the season. BHHf American demand, which had fallen B^Ka' expectation of the imposition of an flj^Hmrt duty, showed a revival. MHJreadstuffs attracted a large amount of H^Ktiktive attention. In the earlier part HKe week prices advanced rapidly, but steadied. Wheat is firm at 5s B^HkOM^' There were large sales of roller I HK;at Ll2 7a 6d to Ll2 10s. Feed pro-