Markets.
MELBOURNE. Ftora and Gkain Market, June 18.—Flora* continues in demand for speculation, holders asking £21 to £22 per ton for best brands of Adelaide, and prices of that Port are represented as being firmer, holders asking £18 per ton. Wheat is in good demand at from 7s. 9d. to Bs., A considerable -change has taken place in oats f since the arrivaLof the Emu with the English advices, showing larger and increasing shipments ' from Britan than was generally anticipated, the trade was taken "by surprise and lost all confidence, and the only transactions of moment are a few forced sales by auction, at low prices, and In small lots—colonial realising from 6s. lid. to '.7s. 9d.; Hayes's Irish 7s. 4d. to 7s. 6d. The trade prices for colonial or V. D. Land may be given at from Bs. to Bs. 6d. Scotch and Irish, 7s. to 7s. 6d. Californian, including bags, Bs. Danish, from 7s. to 7s. 6d. The stocks of English and Cape barley have steadily increased, and lover prices must be submitted to ere sales can be effected. The Irish barley (Hayes's), sold at auction, only realised from 6s. to 6s. 2d. per bus Eel of sO"lbs. Bran has been more inquired ibj", and has improved in value 3d. per bushel, the established price being 2s. 6d. Maize, Is. per bushel lower. Malt without change. Eice has again further improved in value. Amongst the latest auction sales are Hayes's black oats, 7s. 4d. to 7s. 5d.; colonial oats, 7s. 9d. to Bs. sd. Irish barley, 6s. 2d.; Calcutta oats, 7s. 2d.; Scotch oats, 6s. 6d.; Danish, 7s. 3d. The 'Argus,' of the 25th June, says, " Beyond some sales of flour for consumption, the import market has been very dull to-day. The only transactions spoken of have been of little or no importance. "Whether the cause be, as alleged, the tight hand held by the banks in the discount market, or not, there is an undoubted heaviness hanging over trade of every description."
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Lyttelton Times, Volume X, Issue 596, 21 July 1858, Page 4
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335Markets. Lyttelton Times, Volume X, Issue 596, 21 July 1858, Page 4
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