Markets.

Lyttelton Times, Volume VIII, Issue 510, 23 September 1857, Page 4

Markets.

The sales of wheat during the past week have not been very extensive. We hear of one transaction having taken place at 10s. per bushel for fiist.cluss samples for the Mills. The Acts, now loading- here, will (ill up with wheat, taking probably 1,500 hnshs We have to record an advance in the price of flour. First quality is now quoted at £25 per ton. LONDON WOOL JIEPORT — July, 1857. Since our last renort but few transactions have Occurred in our market; the small stocks held by ■dealers in* London have been nearly all sold for the Continent; the speculators who hold a fair quantity of wool are not sellers, except at an advance of l£«l. to 1.d., and the trade are rather disposed to wait ihe I result of the approaching sales., which commence on the 16th July. The total number of bales in stock and announced for sale is 7<>,000 bales.' For Sydney ' wools a few inquiries from the north did not lead to business; the advance asked of l^d. per lb, resulted in Id. being offered and refused. The high prices paid for German wools at the recent fairs has imparted a very firm tone to our market, and our home buyers who bought but jit--tie will be compelled to compete with foreigners for the choice brands from Sydney, and very high rates are looked for for fine clothing, which ranged from 2s. Id. to 2s. ,4d. in May. Judging from the tone

of advices received from the North, liu»h er may be looked for,'.and it is probable that Id We* advance will be established. Sydney wool »'{i tain the greatest advance. So much de °j b* however, upon the operations for the 'Cumin " ' well as those for speculation, that it is diffi!"!' as quote precisely the feelings of the trade • bu/v to full quantity of 75,000 bales can be taken «• le market at the advance* we quoted, the tr* ? ''•' c have reason for gratulation.— Home News i i W'll We observe in the 'Home News' of'J«, y 6< the sale of 3 casks sperm oil. ex Olup,. / - » at £90, and 13 casks New Zealand ft, '*» Heather Bell, at 87?. 91. per cwt. ' c*

WELLINGTON. We have commercial intelligence from W uton to the 18th instant. The news from tl.I r-"£ Diggings was most conflicting, and had sear ° exercised any influence upon the markets Wh and flour were rising. The former is 'a.u a L i 11s. to 11s. 6d. f and flour at £27 per to?^S" were in fair demand. ■ **»in

VICTORIA. *; The Canterbury brings us Melbourne pan er , » September 23. Private advices inform us r h« ° that date wheat was quoted at 9s 6d • ;• , at £12 per ton. Sugars weie steady, "and 2?|" had been no further advance. Teas were r tf Sydney quotations of the 29th August wer!'"* £7 7s. per chest. . 8 *ere at