The National Mortgage and Agency Com pany of New Zealand. Limited, report under date London, Aueust 12th, as follows :— WOOL. Thero has been a considerable demand for merino wools m tho market dnring the past fortnight, and a fair amonnt of bnsiuess has been dono at prices from 10 to J5 por cent m advance of tho closing rates of the July series of auotions. Tho total number of bales which have ohanged hands privately is ostimatcd at 13,000, of which quantity some 10,000 wero Capo produce. Holders of Australasian wools are unwilling sollers, preferring to await tho September series of sale 3 for realization. Domestic wools of tho finer classes have lately been m strong domand, and [havo further im proved their position ; coarse deep-grown wools are also firmer. Advico3 received both from tho Homo manu facturing centres and from the Continont report a largo consumption and hardening ratoa for woola of all descriptions. At tho Antwerp sales, held on tho 2nd to 7th instant, thero sold 9699 bales South Amorican produce, at an advance of abont 25 per cent on tho May Bales' rates. Stocks m tbo Antwerp market aro now practically cleared until tho arrival of the new clip. The arrivals for tho fourth series of sale 3 commenced on tho 7th September aro as follow :— Bales. New Sonth Wales & Queens land 60,26* Viotoria 40,545 South Australia 9,183 Western Australia 1,113 Tasmania ... 3,770 Now Zealand 63,303 , CapoandNatal 79,935 Total 269,143 of which qnantity about 5000 bales Australa sian and 32,000 bales Capo havo boon for warded direct to tho manufacturing districts. WHEAT. Sinco our last advices tho weather has nainly continued favourable for harvesting operations, and m the provincial markets wheat has again shown a hardening tendency. In tho London market, however, and at the majority of tho ports, it has been difficult to ostablish any advance m rates. The influx of tho unprecedented heavy supply of 83,634 sacks of foreign flour of 2801b3, chiefly Amorican, has materially reduced tho buyers of wheat, and rendered tho market unsettled. The American winter crop was secured early, m good condition, and is now readily avail able, bnt the stock of old season's wheat is belioved to bo unimportant. Tho harvest m Franco is reported to bo well m progress. 