Commercial.

Daily Telegraph (Napier), Issue 5891, 24 July 1890, Page 3

Commercial.

Messrs F. W. Williams and Kettla received by tho San Franeineo mail on Tuesday the following report from their London agent dated the 14th of Juno:—Since my last advices of the 17th of May, our market has again become flat and stagnant, and tho blight improvement referred to at that date has fiueo been lost, and to effect sales prices of medium and fair sorts, during tho past three weeks, have generally rather favored buyers. Consequent on the Whitsum holidays the quantities brought to auction have been moderate, comprising , in all only about 1>259 bales. Of these about 1900 bales have been placed, common to £1S to £l.S5s; middling, £1S 10s to £18 15b ; fair £19 to £19 . r ;s ; good fair to good £20 to £22. Of iine there has been but little exposed at auction, holders of this description still hold aloof from thu market. The arrivals of New Zealand hemp since the 18th ult. have been very heavy and much in excess of previous months, comprising tho following :—Forfarahire, Tanuiaki, Raknia, (Jity of Delhi, Dimtrune. Mairißhan, Scottish Hero Q.ueen Mab, Wuimea, Canterbury, Doric, !>alado, and Winifred with a total of 16,07.0 bales As the whole of these arrivals have taken place between the sthand llthintt.noparthasyet been brought to auction aud with such largo supplies hanging over our market prices this week wero very dull and depressed at. a dcclino of 10s on medium, and 10a to los on good. Including the heavy arrivals referred to above, our spot stocks (calculating these arrivals at 3cwt each bale) show an available present supply of 3117 tons. Tho deliveries ex warehouse of 5-12 tons for the past month show but little change as compared with previous ones, but are not such as to induce any speculation in the article, even at present prices. Thu out-look for holders of New Zealand is therefore disappointing , , and the condition of our Manila and sisal hemp markets give but littlo hope of improved prices in the near future. It is hoped, however, that tho advices of tho stoppage ol so many mills may ultimately help holders, but whilst arrivals continue on anything like tliß present scale buyers are chary in believ' »g tho truth of the recent reports as to fut ru small supplies. During the month ended tho 31st Ma)- there wero landed 1-I'Jl tout), aud the deliveries were 512 tons, leaving a iock of 2573 tons. Our market today closes quiet, common £18 ; middling £18 10sto£l.S 15s; fair £l'j to £19 ss; good fair to good £19 10s to £21 10s.

[rEE I'BESQ ASSOCIATION. —COPVUIQUX.I

(Received July U, 22.30 p.m

London, July 23

The wheat and flour ailoat Kingdom total 2,112.000 quarters, for tho Continent o'lo,ooo quarters, while tho American visible supply is 18,500,001) Uriels.

Shar.-a in the Australian and New Zealand Mortgage Company are at 102.1. New Zealand and Mercantile Agoncy Company's

•'tares arc at i.l !0s; Diilgety mi) Co. (limited) £7 10s; Kuvv Zealand Shipping Company £-1 15s; Sha-.v, Savill, and Albion Company, £10; Union Steamship Company, £13.

[Vl'.B I'KKSS ASSOCIATION.— COI'YKIOHT.]

Du»EDitJ, This day

Green wheat.—Thero is no fre.ih feature of any interest to report, and no ehang.j in tho market of auy oonrtoijuoiiGe, further than, perhaps, owing to thu interruption of cable communication and no advice of the position of '.he market at Home during the past week, Holiei'.s havo not been qui!o Ho anxious to (juit, rii-iond-ela.i-i quality in particular, and tho bulk of the .stock now on hand conebtu of this duty. Very little bujineb.-i ha.i I>cci: d<j;i<\ There arc buyers in tho market for all the prhno milling oll'uriug al late quotation- , , but they arc; not inclined to incre.ine their limit. A very gnod di.-iniind (-sii-ts for whole fowl wlit'at at from ::.s Od to 2.s Md, bat sellers in tho meantime art* not disposed to do bii:.i]H:,-3 except al a -con.-tderublo advaucu, althougn it it is quiti: probable tliosu prices wiil have t-.i bo r.'.: :, cx>ti;i\ fur ;-. coiL-iik-rublu portion o£ that now held iv rtoro, even suppor'injf ihat a l'mlh.-r Hilvam-c v,-;>.s scciiL-d in pi i.-;:-: , t it-.!"..'. Wi ■'~::■ t<' :- -itav Vr'.v, 1 ,;:: i i-l-.J wh.-ai -i.s i()<? I.i :;.s j.-i. i-iiV: i>l !0 nv-iiiltn "Js ; .. ; d 1. , .' U". ;--i, v.i.li ij.-M-dlv ;.]..y v-!•■':.■;;■ <■>: .<o ■■■. .-a--!-..- ii."; Out-'.—Wo :>■-.•. •-•■ ii; : -.'!!n io noti! a. v-.t \ i;.u- 1. '.vl'L'!: ii lir-.i-, v.-it'll a <j »isid(-riibli,-■".j-iO:i;ir i.i (i'>iu'-ii:iaiioji on the p-.iri oi' ;: :\<i ,-isi•.'!.■('.- i.ii-l 'i-'iy r; f<n 'oiiai c.n----:..1'-.1 M ;m:; u> ni : i.-.. ; -..v.- ,-.'..-.-. i.i. ..:itiH-.--:ii-. ■.!■.-£ 1 !'.<!>. •••.:il'. , , ::'-i'l at r'tiiiC'.il i i!rs Uiliu.-: a:-j nol u> :mv -.X'.-dL ;.,:;. .-. ;.■■::■ ■■■>-;<.- ". ■'.• i«'iii:>; i!C!'.i.> c<! iotiai U'-lii.-iV, i'.!-'.j !'-'" .s. , ii[i:ji'..-.'!t f-.t ;.;xf:uu f;,ir. ■,>,: V <vhiL- 'In.--.- v,-l:< Vv-i-y liif.lo aiii'^Afinn withdrawn, bidJinz not reaching vi-iuloik rcservt-e. The prico made for «ti.jrt

bright Borts was Is 3|d. Danish and medium (discolored) are difficult to place, also Black, i while long Tartars fit for eeed are enquired for, and although a very considerable quantity of inferior seed iv offering, very few pure samples of prime quality can be secured. Quotations for best feed and milling Iβ 3Jd to Is 4d, medium to good Is 3d to Is 3id, inferior to medium Is to Is 2jd (ex storo ; sachsextra ; net). Barley.—Transactions passing aro quiet and unimportant, nothing being done in either malting or milling. Odd lots occasionally offering at auction aro taken up by tho local produce dealers at from Is 9d to 2s for feed.

GniusTcnußcn, This day.

Wheat, prime milling Tuscan 3s 2d to 3s 3d, pearl 3s to 3s Id, Hunters 2s lid to 3s, ;medium wheat 2s 7d to 2s 8d; oats, prirao milling Is 7d, Bright ehort feed Is Cd; barley, prime malting 3s to 3s 3d, feed Is 6d to Is dd ; potatoes, Derwent 57s 6d (seeds in); onions, £5 10s to £6.