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HOKITIKA.

Business has not been quite so dull in the present week as it was la?t, but there bsve not been any extensive transactions. The j market remains nearly as it was last week, with an inclination, however, to firmness in moet articles. Flour has been ruling about £1 higher, and may be qaoted at £18 10a for Hart's, and quite a trifle less for other brands of Adelaide. A cargo from Adelaide, by the Sea Bird, which is hourlj expected, may probably have come effect upon this market, though we are inclined to believe that present quotations will be continued. Provincial flour is worth from £14 10s to £17. Oats are firm, and may be quoted at 4s 6d; they were sold on the wharf this week at 4s 4d, under the hammer; and eyen the damaged, ex the Mavis, realised 3s lid. Chaff continnes firm at £18 to £18 10s, for Melbourne. Chaff, from New Zealand ports, is of course sold at lower figures. Bran ia in rather good supply, and is not worth more than 2s or 2s 2d. Potatoes are about as they were last week, prime qualities being worth about £7 to £7 10s. A lot, ex Kennedy, passed under the hammer on Wednesday on the wharf at £5 17s 6d per ton, but they were not equal in quality to Melbourne grown, or to those brought to market by the gardeners here. Butter is not changed at all; Iβ Id to Is 2d is still the ruling price for prime qualities. There seems still the same disinclination on the part of buyers to purchase at present rates more than for immediate requirements, while, on the other hand, holders eeem assured that higher rates will rule. Teas are still well supplied ; indeed, we may say that stockeare at present heavier than what are required. Sales lately have been very limited, but prices are well sustained. There is no change whatever in any article in groceries, provisions, or oilmen's scores. It was expected that higher *ates would have been demanded for sugars, consequent upon late advices from Melbourne, but no change has taken place, importers seemingly being content to continue selling at the old rates, though they cannot replace their stooks except at higher figures. Spirits are still largely held, but lower prices have not been submitted to.

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https://paperspast.natlib.govt.nz/newspapers/CHP18690422.2.8

Bibliographic details

Press, Press, Volume XIV, Issue 1878, 22 April 1869

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392

HOKITIKA. Press, Volume XIV, Issue 1878, 22 April 1869

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