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COMMERCIAL.

Very lillJo business haa been done in the import market during the week, sugar being Ibe only lino noticed, and in tliiu ibcre hio been mmo speculation. Tho D'Artagnan'a cargo of Mauritius waa all Bold at the auction sale on "Wednesday, greys to (;ood whites bringing Lo'i 15s to L3S 10a, in boud. Tbero were no lincat wbitc3 or snowdrops in the cargo. Yesterday a telegram waa published stating Wellington merchants had advanced Company No. 1 to L4O, No. 2 L 39, and No. 3 L 37 10a (duty paid). These rates wero considerably under Duocdin prices, and several buyers at once telegraphed to Wellington for a quantity of No. 1, but we understand that in no instance were they successful in securing any. We quote Company No. 1 or snowdrop Mauritius at L 4 5; Mauritius whites, L 43 to Ll3 lOj, at which prices sales are freely pausing. A small trade has been done in tea?. Dried fruits continue quiet. Currants are offering in Bmall lots at 4 Jd; sultanas, 5-Jd; elcmes, s.}d. Salmon ia a tritle firmer, owing to reduced stocks. Kerosene moves at la 9J for bigh test; raw and boiled oil, 3s Id to 3) 2d ; coarse castor, 3s 3d. Patna rice is in more inquiry; sales are reported up to LI 4 10a, in bond. Messrs Dalgety and Co. have received the following cablegram from their Melbourne branch, dated to-day: - "New Zealand milling oats, 4s Id—market depressed by enormous quantities available; New Zealand Chevalier barley, 5s 6d." THE LABOR MARKET. Mr Skene reports:—Winter's slush and mud have put a stop to outdoor work, and engagements are entend into only in cases of downright necessity. But even now things are much brighter both in town and country than they have been during many late trying winters, Wages keep steady. RABBIT3KIN MARKET. Messrs Remshardt and Co. have received the following cablegram from their London house, dated 21st June:-"In to-day's sale only a moderate quantity waa catalogued, and competition was fairly active. Beet descriptioaa sold at the level cf lftai galea lo id lb

advance; whilst medium and inferior sorts were uuchangod, but Bhowcd a downward tendency. The next sales will tako place on the 2nd August." LONDON RABBITSKIN SALES. Messrs Arthur M 'Donald and Co. are in receipt of the following cable from their London agents, dated 21st inst. :-"At the rabbitskm Baleß to-day prices were unaltored. Prime winters, which were in short supply, met with tho moßt icipiiry."

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https://paperspast.natlib.govt.nz/newspapers/ESD18890622.2.24

Bibliographic details

COMMERCIAL., Issue 7940, 22 June 1889

Word Count
414

COMMERCIAL. Issue 7940, 22 June 1889

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