Article image
Article image
Article image
Article image
Article image
Article image

COMMERCIAL.

Auckland.—The Southern Cross of June Ist, leports:—The EDgliSh commercial news received "bf the Nebraska yesterday is generally very favorable to the colonies.- The wool sales.which opened on the 13th of June were characterised by a degree of activity and firmness, which could scarcely have been anticipated, considering the disturbed state of Europe. Prices for washed wool remain abotft-the same as at the March sales, but greasy shows a - slight advance. The intelligence with refereace to kduri gum is unfavourable, showing no - improvement on the dullest 'itoted in preceding advices. New Zealand flax is also-low! in consequence of tthe inactivity -of manilla. The particulars of sales, however, exhibit one feature upon which we desire to congratulate our miilowners, namely, the very marked difference in the price obtained for Auckland:, flas- as-compared with fibre from any other part of the colony. We trust our preparers will maintain by careful preparation; xthe -reputation for superiority already possessed by their flax. The cargo, of the Nebraska for-'Auckland is unimportant. Indeed, we hope io benefit "more by the line in the way of exporting to California than of-importing from that State. Mr "Webb has made such arrangements for the conveyance of freight as will greatly facilitate this. The rates charged for the conveyance of wool by the mail steamers will be :—To San Francisco,~l cent and the same freight will be accepted for delivery in New York @ 0/1J ' (2£ cents sjp- ft). Equally liberal terms are offered for shipments of gum. Messrs Collie, Stewart, and Co., of San Francisco, will advance 75 per cent, upon consignments of wool and gum to New York or San' Francisco. We have, therefore, in these terms elements which cannot fail to confer very considerable advantages upon this colony by the development of trade relations between here and America. A late San Francisco paper says : : —" Eastern manufacturers have been large purchasers of the spring wool clip, at pretty high figures, liarge' quantities have gone East by rail, and the ship Comet has sailed for New York, carrying 245,851 pounds. The steamer Constitution, for Panama, en route for c 2?ew York, had 152,624 pounds. For all i desirable clips prices are sustained ; while, by reason of "the free receipts of choice par- ' eels, purchasers neglect those that are dirty J and inferior, so that prices for these are j . shading off somewhat. The grower this : year' receives nearly double the sum that was realised last year for his wool. This is probably the experience of many large growers who have already parted with their • clips.? , WsLLiXGTOx—The Independent of June . 12 reports—Canterbury flour of good brand ■ is held for d≤l6 to £16 10s ton for whole- 1 sale parcels, while inferior brands realise i £14 to £1"> •$ ton ; but although prices have Iwen forced up in Canterbury, owing to the rise that has taken place in*the Australian ' wlonjcs ami San Francisco, due to exsi?- i Roratcd notions of large supplies being likely j to be required for Europe, dealer here do not appear to think the rise will be main- \ taiu«Hu the face of large stocks, and although ' an additional, amount of business has been I clone during the month, there is little inclina- ( .ticHJ to speculate. Wheat for milling purposes is not greatly enquired for, but owing the price having gone up in Canterbury J (large orders having been received there < from Melbourne and Sydney), all damaged < v lQts and. chick wheat have gone np in pro- < portion, and anything that can be utilised by the miller is not to be had at anything like ! our .former quotations.. Oats axe firmer, ] taerft oeuag few in th> market in first hands, r

Shipments may be qnoted at 3/ to 3/1 bushel for Canterbury feed oats of good * sample. .Ad inferior quality, from Blenheim, has bjceu quitted at' 2/7 to 2/9 for retail prices. ■ There are no good milling , oafs in the market, nor can they be laid down here.under 3/4 Barley—There is no demand for malting purposes. Nelson —The following report appears in the Examiner, of June 10:—Messrs N. Edwards and Co. quote £14 ton for Eod" ■ and Hounsell's superfine fiour; bran, £5 10s ipton ; pollard, £S 10s ton ; sharps, -£6 10s ton. Messrs W. Stavert and Co. quote Redwood's superior flour, ton. Wheat, per bushel, 5/ to 5/3 ; barley, 3/y to : i/4-joats, 3/.. to .3/3. ..Potatoes, £JLto ton ; hay, ton. £4 10s to £5. Beer, » '< hhd.. £6 : *>• dozen, 8/. Bricks, ip 1000, £4 ; lime, <p bushel, 3/6. Boards and scantling— - white pine, <p 100 feet, 11/ ; red pine, 13/; ; totara, 15/. Shingles—Totara, <p 1000, 17/. ' j Kauri—9 xf, 14/, 9xl, 15/; P.T. and G., 1 16/6 ; wide timber. 17/6 to 25/; shingles, 15/. ! j Hokitika.—The West Coast Times of June 12 reports :—We have very little change to report in the state of trade during the past week. On the whole there has been a slight improvement, no doubt caused by the late arrivals from Melbourne and Coast ports, which have considerably augmented the supplies, although in some articles there is still a scarcity. We quote the following as the present prices ruling ia the wholesale houses :—Flour, Hart's Adelaide, £21 to £22 sp ton ; Duffield's, 10/ less ; oats, 3/3 to 3/4 ; bran, 1/3 to 1/4 : Melbourne chaff, £12 10s ; Nelson do, £10 to £10 10s. In butter the market is well supplied. Prime salt, 0/8 to 0/9 ; fresh do, 0/10 to 0/11. Colonial new bacon. 0/9 to 0/10.J ; hams (colonial), 0/1 to 1/1 ; English do (Sinclair's), 1/4 to 1/5 ; Cooey's do, 1/3 J to 1/4 ; Compton's do, 1/1 tc 1/2. In kerosene the market is well supplied, 3/6 to 3/9. In tobaccos, (for Barrett's twist and other good brands), 1/G to 1/9, in bond : inferior qualities unsaleable. Sugars yellow crystals, 50/ to 52/ ; No. 2 white. 54/ to 55/ ; good counter do, 50/ to 52/. Teas are firm, and only saleable for good braods. Cocoa and chocolate, 1/6 to I/a ; currants, 0/6 to 0/(i£ ; maizena, 0/9 ; rice, 20/ ■ff cwt. for best dressed ; Melbourne household soap, 30/ to 31/ ; sardines (scarce), i 12/, i 7/ to 7/6 ; Blood's stout, 14/6 Tennant's ale, 14/ C ; brandies, in bulk, 7/(5 ii; bond, duty paid, 20/ ; Hennessy's case do, 58/ to 60/ ; rum, 5/ to 5/6 in bond ; Scotch whiskey, 6/, in bond ; good sound potatoes for small lots, £5, in parcels, £4 10s; carrots do do ; apples, scarce, and worth from 10/ tc 12/ case ; oatmeal, £20 ton ; salt, £7 $> ton ; candles, Brandon's, l/0|; Nevas, very firm. Duxedin—The Daily Times of June IS reports : —ln the grain market the feeling ha: been rather quieter, present rates appearing to offer no inducement to speculators. Fol milling purposes there has been a fair demanc for wheats, and current parcels are quotec @ 5/6 to 5/9 for shipment; oats are scarcely asked for, transactions for town requirement! occur at about 2/3 to 2/4. There is a main tamed demand for good barley, for which for manufacturing- purposes, 3/9 to 4/ is ob tamable. The town price for flour is £15, i good current trade going fprward, but n< heavy business noted. The latest Australiai advices, though reporting a rather easie: state of the grain market in Melbourne, have had but little effect upon the markets in thii place. Oamaeu.—The Times of the 13th reports —Wheat is improving in value, present quo tations being 5/3. Farmers are holding fo: higher rates. . Advices from Melbourne show a decline of 0/9, which has caused pur chasers to be chary of operating. Oats ar< @ 1/10 to 2/, according to quality, with verj little demand. Barley as last quoted Flonr. £14 10s to £15. 'Oatmeal, £16. Brai and pollard, £3 10s to £4. Potatoes remair at 355. ,

This article text was automatically generated and may include errors. View the full page to see article in its original form.
Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP18710615.2.5

Bibliographic details

Press, Volume XVIII, Issue 2534, 15 June 1871, Page 2

Word Count
1,287

COMMERCIAL. Press, Volume XVIII, Issue 2534, 15 June 1871, Page 2

COMMERCIAL. Press, Volume XVIII, Issue 2534, 15 June 1871, Page 2