Melbourne. — The Argus, of the 23id March, reports : — Comparatively little business has been transacted in the import markets, a very general disire having been expressed to close up at an early hour of tne day. Considerable activity continues to be evinced in breadstuffs, and though no advance ou our quotations of yesterday has been obtained, the tendency of the market is still upward, as the buyers come forward very freety. Sales of flour were pending to the extent of about 300 tons, and a line of about 3000 bushels of seed wheat was on the point of being closed for at au advam-e on any price hitherto named ; for milling parcels, however, we quote Ss (sd. Sales of coarse salt have been made at LG 10s, and line Las been quitted at L 0 10s to L 6 15s, the very favorable advices regarding shipments coming forward, combined with the fact that stocks on hand cannot possibly hold out until supplies cau come forward on a scale sufficiently liberal to meet requirement.*, have induced holders to advance their selling rates still further, and we understand that on Monday L 7 will be asked for coarse, and L 7 10s for fine. Sales of '67 Kent hops .are mentioned at 2s 6d. Prepared opium is disposed of at 25s ; the price in Chiua has risen somewhat, but the quantity brought forward by the mail steamer prevents, in the meantime, a corresponding rise here. Chinese oil has declined, and sales cannot now be made at over 4s. The Neva Company's agents announce the price of their candles to 12id. The Star of Peace's cargo of Mauritius sugar 13 advertised for auction sale on Monday. We are informed that the importers of the cargo of rice, ex St. Philibert and Androklos, intend to store them, under the influence of the last advices from Calcutta, reporting an advance in that market for rice, with the prospect of shipments not being in excess of our requirements.
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Bibliographic details
Grey River Argus, Volume V, Issue 346, 2 April 1868, Page 2
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331Untitled Grey River Argus, Volume V, Issue 346, 2 April 1868, Page 2
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