Markets.

Lyttelton Times, Volume VIII, Issue 517, 17 October 1857, Page 5

Markets.

AUCKLAND.

We have commercial advices from Auckland to the 3rd instant. Business is reported as dull, and the weather wet and tempestuous. We subjoin the latest reports. An advance has taken place in sawn timber, which is much in demand, as well for home consumption as for exportation. The shipments to the neighbouring colonies, and also to the southern provinces, have heen steadily increasing, and are, apparently, inclined yet further to increase.—The Oriental Bank, we are happy to find, are affording their valuable assistance in promotion of our commercial facilities. They have reduced the rate of Exchange on London, which was formerly 2£ per cent., to 1£ per cent.; and on Sydney, Melbourne, Wellington, and the south to J per cent.—The Customs Receipts are still on the increase, there being a surplus of £80 2s. lid. on the previous week. The receipts of the week ended the 19th inst. were £994 19s. 2d.—At the Auction Marts, the usual weekly sales have taken place, but nothing deserving of particular record. One or two parcels of land have been offered, but withdrawn, there existing at the moment but little activity in the land market.— New Zealander, Sept. 26. Flour is quoted on September 26 at £20 for first and £17 for second. On the 3rd of October at £24 and £20. Wheat at Bs. and Bs. 6d. Bread, 6d. per 2-Ib loaf. Potatoes, £7 to £8. Kauri boards and scantling, 20s. per 100 feet. SYDNEY. Wheat and Flour.—The dull monotony which has characterised the general state- of this market for several successive weeks has been very materially relieved by the stirring accounts received from the southward, from various causes, an impression has become very prevalent that the minimum of prices has been reached, and especially at Adelaide, where considerable shipments of flour are being made for the Indian and other ports. Our millers do not alter quotations, neither are transactions extensive, but there is a strong desire to acquire stock at current rates, which is not generally conceded by holders, and we confidently anticipate a favourable reaction here, and enlarged operations. No foreign arrivals of flour; and of wheat very scanty. The millers continue to quote fine flour at £25 per ton; seconds, £23 per ton; wheat, Bs. to 10s. per bushel.— Sydney M. Heratd, Sept. 19. TASMANIA. Our advices from Tasmania are to the 9th Sept. Hobart Town.—lnactivity is supreme in the grain market. Wheat is hardly in any demand, and experiences no fluctuations, being still quoted at Bs. 6d. to Bs. 9d. per bushel, best samples. Oats are scarce, and fetch a good price, 9s. to 9s. 6d. per bushel. Flour has rather a tendency to decline, and is quoted at £21 to £23 per ton from best colonial wheat. —-Timber is scarce, and is in great demand, full-cut timber, and six feet paling especially; the supply is anything but equal to the demand, very large quantities being required for exportation. Launceston, Sept. 9.—lnactivity remains the prevailing feature in the grain and flour market here, as at Melbourne. Still our quotations remain but little altered. Flour, £18 10s. to £19 per ton; wheat, Bs. to Bs. 3d.; oats, 9s. to 9s. 6d. There has been a brisk demand for potatoes lately, and they are now. worth £11 per ton.