THE MARKETS.

Ashburton Guardian, Volume VII, Issue 1723, 30 November 1887, Page 2

THE MARKETS.

[BEUTBB'S TBLKORAMfI— OOPYBIOHT.] Loic dow, November 28. At the wool sales to-day, 9800 bales were catalogued, prices remaining steady. Three Per Cent. Consols are quoted at 103^. New Zealand securities show no improvement. Breadstuffs and tallow are without quotable alteration in value. The recent advance in the price of tin and copper is firmly maintained, and the market for both metals continues to have an upward tendency. Melbourne, November 28. Messrs Dalgely and Co. held their weekly wool sale at their rooms to-day, when 2400 bales were submitted. There was a large attendance of buyers and competition was animated. Prices for inferior faulty wool are somewhat weaker, in sympathy with reports of London sales. Superior greasy merino realised iod per lb; medium to good,7j^dto Bj£d; inferior, $ J A d t0 6dj medium to good crossbred, B^d J superfine merino lambs' wool, 10^ ; combing lambs' wool, iod; washed merino, is ad, and scoured, is 2^d. 1845 bales were sold.

Mbibouhnb, November 29; The local manager of the National Mortgage and Agency Company, N.Z., Limited, reports on the Melbourne grain market as follows :— Shipping wheat firm, 3s 8d to 3s 9<3 per bushel. Quotations for barley nominally 4s to 5s per bushel. New Zealand feed oats meet with fair demand at 2s 9c! to as xid per bushel; milling sorts remain steady at 2s iod to 3s ; New Zealand oats, under bond, are quoted at as to 23 id per bushel.