SYDNEY, Sept. 12.

Lyttelton Times, Volume VI, Issue 410, 8 October 1856, Page 7

SYDNEY, Sept. 12.

Wheat and Flour.—This market is still very heavy, and no alteration has taken place in prices. Messrs. Barker and Co. quote fine flour at ag2B per ton of 2,000 lbs., second.quali'y £26 ; wheat, about 9s. per bushel ; bran, Is Gd. to Is. 9d.— Mr. Breillat: The market remains as last reported. Fine flour, £28, seconds ,£26, per ton ; wi.eat, Ss. to 10s, per bushel; bran, Is. 9d. to 2s. per bushel.— Mr. Buckley : The quotations for both flour and wheat are the same as last week. The supply of wheat has been very limited, and scarcely any arrivals by the road. Fine flour, jS2S per ton, seconds, £26 ; bran, Is. 6d. to Is. 9d. per bushel.

Sept. I'd. —There have been very few operations in the flour market this week ; we may also say none of any importance during the last three days -At the commencement of the week the market was gradually becoming firmer, and prices tended to a iise. This was, however, interrupted on Tuesday, when a large parcel.of Chili flour was sold at auction, at £25 155., and Tasmanian, at £26. The sale took many of the trade by surprise, as the flour was of first-rate quality, and some large parcels had changed liandsthe same morning at«£27and ,d22S ; and it was generally believed that if the sale had nwt been forced, much higher prices could have been obtained. As we then anticipated, the effect of these low prices has been to depress the market and temporarily to stop further sales. On the one hand holders concluding that the above sale represented the state of the market have been unwilling to sell, and jjon .the other buyers have refused to give a higher figure expecting that those prices would be^repeated. We may report,however.that this uncertainty has partially subsided, and the market is likely to be again firm. At the same time the number of cargoes of breadstuff's still undisposed of prevents the larger holders from materially raising their quotations, as their doing so would at once bring these shipments into market. The only circumstance which is likely to prevent prices from ascending is the eagerness of the small holders, or the consignees of colonial ship neuts acting on their instructions to realise; unt'er these circumstances sales may be againmade at less than current rates. Several of the larger cargoes are held for hisrher rates than Haw quoted.■■for sonic above ;€-30 is asked. Small cargoes of flour continuil. to arrive from the other colonies Empire.

ADELAIDE. . The following is the trade report of the 11th installl. : — The last reports from Melbourne and Sydney of quiet markets there have partially reacted upon the flour trade here, and had the effect of checking purchases for immediate shipment. A stwn» opinion, however, is general that prices cannot give" wnv, and as our exports of wheat and flour. liave°fallen otf the last week, with dry weather, opening the internal communication to the Victoria diggings, a more lively demand is looked for shortly." As we have already exported nearly 13,000 tons of wheat, and flour this ye;vr, against 6,000 tens during the whole ot 1855. it becomes a matter of uncertainty whether we have remaining on hand as large a surplus to spare as was once calculated upon. Wheat continues to ho eagerly bought at 9s. (id., and holders of flour ask £23 10s. to £24 Ills. I)ran and pollard remain the • aine. Oats and barley are wanted. Potatoes are dull of sale. WELLINGTON. Our report of this week might he almost condensed into Mood's quaint Hibyrnk-ism, ' there is nothing stirring except stagnation.' For the first time during a very long period a week lias passed without a single auction sale, neither has there been either arrival or depariure of shipping from any port out of Now Zealand. The 'l)au ' i-ame in on Monday on her way from LytU.'Uon to Sydney, for which latter port, she sailed this morning, having

taken on board about fourteen tuns of oil and forty bales of wool, besides carrying on a little wheat, part of her cargo from Lyttelton, but now the property of Wellington shippers. Prices, therefore, if any could be quoted, would be simply a repetition of the former, nor can any change be looked f>>r, uiiml there shall lie sotui arrivals from .England or Sydney.— Spectator Sept. 27.