THE MARKETS,

Ashburton Guardian, Volume VII, Issue 1726, 3 December 1887, Page 2

THE MARKETS,

[REUTER's XBLEGRiMS— C'OPyBIGHI ] Sydney, December 2. There is very little alteration m the 6 prices of grain. New Zealand wheat is worth 33 to 3s 3d per bushel. New Zealand oats ietch is nd to zs id per bushel, as comparedjpith is iod ~w 2?_£d_laj3t^«rfcT"^^ze is slightly weaker, ancTrealises 3s iod to 4s per 56105. The supply of potatoes is well kept up, and an average oi 25s per ton is all that can be obtained. Adelaide, December 2. I Shipping wheat is firm, at 3s 6d per bushel. Flour-r-Adelaide town brands, £,9 to^9 5s per ton ; country brands £8 5s to £8 10s. Freights to London for wool, per steamer — Scoured wool, 24 d per lb; greasy S/ B s, Per sailing vessels — Scoured, %&-, greasy wool, }id per lb. London, December 1. Consols, ex div., 101^. New Zealand Four Per Cent. Inscribed Stock has declined to 94^, The market rate is 3 percent., Bank rate, 4 per 1 cent. Colonial breadstufts — Adelaide > wheat, ex store, 34s 6d per 4961 b ; New ; Zealand wheat, ex store, 32s to 33s 6d , per 4961 b, according to grade ; Adelaide , flour, ex store, 24s per 280 ID. Tallow 1 — Australian, fair average quality beef, \ 24s6dpercwt; mutton, 255, Pig iron I remains at 44s per ton. Best Sydney 3 sun-dried copra is worth 12s 6d 1 per ton. Kauri gum and leather are • unaltered m value. Wool —At to-day's 1 auction, a catalogue of some 6900 bales 3 was submitted, which elicited good t competition, prices realised being about the same as on the previous days. The total number of bales catalogued to date is 79,400, of which 7000 have been withdrawn. B The weekly returns of the Bank of England, published to-day, show the total reserve m notes and bullion to be . the same as last week, viz. : — ;£i 2,700,000. The proportion of reserve to liabilities remains at 48 per aent.