THE MARKETS

Ashburton Guardian, Volume VII, Issue 1698, 29 October 1887, Page 3

THE MARKETS

» [RBUTKB'S TELEGRAMS—COPYRIGHT,] Melbovbnk, October 28. The New Zealand Loan and Mer cantile Agency Company held their usual weekly wool sale yesterday, when 3800 bales were submitted. There was a (ull attendance of buyers, and competition was more spirited than last week, but there was no material change m prices. Greasy realised io^d per lb; scoured and washed fleece, were poorly represented. Sydney, Ootober 28 New Zealand wheat is steady at 3$ 3d to 3s 6d per bushel. New Zealand oats are fum at is lod to 2s 2d per bushel. Maize is slightly easier at 3s 8d to 3s iod per 561 D. Potatoes still come forward m large quantities. Prices are Ss lower than last week, to day's quotation beiDg 30s per ion. Adelaide, Ootober 28 Shipping wheat is firm at 3s 6d per bushel. Town flour is quoted at £g per ton ; country brands, ss. Wool Freights — Scoured, steamer, fyd to 7/i&', sailer, lb; greasy, fteamer, ; sailer, per lb. London, Ootober 27. Consols remain at 10254 New Zealand Inscribed stock is still quoted at par. The Bank rate is 4 per cent, market rate 3^. There is no change to report m colonial breadstufls or tallow. The weeHy returns of the Bank of England, published to-day show a total reserve m notes and bullion of £ 1 2, 100,000, an increase of £400,000 during the week. The proportion of reserve to liabilities is 45 per cent, ss against 44 per cent last Thursday.