AUSTRALIAN MARKETS.

Temuka Leader, Issue 1458, 23 January 1886, Page 1

AUSTRALIAN MARKETS.

Melbourne, Jan. 20. The Melbourne Manager of the National Mortgage and Agency Company of New Zealand, Limited, reports on the produce market as follows : Shipping wheat is firm at last week's quotations—viz., 3s lid to 4a per hnshel. Malting barley shows no improvement, at 3s 3d to 3s 9d. New Zealand oats, feed sorts, are in firm and active demand at 2s lid to 3s Id; mi ling descriptions haTe a hardening tendency, and are Id to 2d above last week's price ; New Zealand oats under hond, 28 2d to 2s sd.pfcr bushel. Messrs Goldsbrough and Company, Limited, held their usual weekly wool sale this afternoon. The rooms were crowded with buyers, there being pr?sont representatives from England, the Continent, and America, in addition to colonial purchasers. A catalogue eoui prising 3600 bales was submitted. Competition was well sustained, prices keeping firm. 2800 bales were disposed of, greasy merinos selling up to while scoured wools fetched as much as Is 4d, ENGLISH MABJTETS. London, Jan. 18. Wheat, Adelaide, ex warehouse is 2s lower, 37s ; do, New Zealand, 28s 'o 355. Flour, Adelaide, is Is lower—--255. Jan. 19. The first series of the colonial wool auctions for 1886 opened to-day, with a good attendance of Home and foreign buyers. A catalogue of 74C0 bales was submitted at auction, and elicited fair competition. The series close on February 12th. Murray, Koberts and Co. have received the following telegram relative to the opening of the first series of wool sales :—London, Jan. 19—Sales have opened with a poor selection, and a moderate attendance of buyers. For musty and inferior wools the market has declined a shade. For coarse combing crossbred, sound staple, the market is firm. There is no change in the price of merino and fine crossbred. The New Zealand Loan and Mercantile Agency Company have received the following cable message : London, Jan. 19—The wool sales oppned on the 19th, and are scarcely at tho level of the last, series. The market for faulty senured is weak. Long staple merino is in demand, hut fdiort growth, is n"!»iecfp.l, Coarse crossbred is firmrr. Tl'ft Home (icrnuvi is good, Tt>« <~|'o!!iiVir catalogue contained about 8000 ha! •*, and sales enmprise about. 20(5.000 b»h*. Nearly 39 000 rales Imvh been SHtit iHr-'ct to the manufacturing uis» tricts,