COMMERCIAL.

Globe, Volume II, Issue 125, 24 October 1874, Page 2

COMMERCIAL.

Globe Office, Saturday. The Customs revenue collected yesterday was

aa follows -. £ a. d. Spirits 97 7 4 Wine 71 15 11 Sugar ... 10 3 2 Tobacco 152 5 ° Beer 20 16 0 Sundries 11 14 1 £357 J 6

The grain market is quite inanimate, no business ■whatever belujj reported. Wheat is nominally ss, but no sales have been effected during the week. English advices continue to be most unfavorable to shippers last season, and we fear some heavy losses will result. Flour is meeting rather an improv< d demand for local use, as a feeling exists that higher prices will rule before next harvest A very active enquiry exists for oats, and 5s oil ands s9d has been paid for local use. A .-mall shipment has been received from California via Auckland, and are now selling at, 5s 3d in Lyttelton, or 5s 4}d in Christohureh. Butter is becoming more plentiful'at Is. and in another week or so prices must come much lower. Haras and bacon meet an excellent demand at K>',d bare, and lid in elothF.o B. A moderate business Ins been done in the import markets during the pa-t week. Stocks have been considerably augumented by the arrival of the Endymion from London on the 22nd instant, with full cargo of general merchandise. There lias been great activity in the hop market; we hear of several sales of Kent's at is lOd to Is luidj holders are asking Is lid for prime samples. Tasmania" hops have been bought up to hold purchasers anticipating higher rates. We hear of a line of Tasmania!! lio;>s offered here at Is (id. Tobaccoes have been rather dull of sale, prices are linn at our la-t quotations Teas—The lirst direct shipment of new season's tea arrived per Fairlie: b> advertisement, we note it is to be sold bv auction on the 28th instant Old teas move off slowly. Stocks in suyar are working down, prices remain linn at our last quotations; telegrams to hand state the Craig Ewan bound to Lyttelton from Mauritius with cargo of sugar, put into Nelson to repair damages rec< ived on the voyage, and will, alter repairing, be de«patched Tor' Lvttelton. We trust the cargo has not been damag. d in anyway by the bad weatln r experienced. Henuessy's pale brandy moves off slowly at 10s to 10s 3d, case 3<is (id ; Mm tell s dark commands 98 !)d to 10s. Whi-Uy is placed in small parcels at full rates. Oid Tom meets with good sale at 5s to 5s Kd ; case 13s yd. We hear of a tt-vv parcels of woolpaeks changing bands Is 2d to Is 3d. Galvanised iron, tf O anchor brand—Sales have been effected ar £25 10s, but importers now ask an ad vance on this lignre. Cement meets w Ith good sale at 235. Slate" are plac: .1 at Kit) Ids. Kerosene is sold in trade parcels at 2« '-M to 2s 3d.

ENGLISH COMMERCIAL. •WOOL. Messrs Dalgety, Ducroz, and Co., report on September 3rd, as iollows : The third series of wool sales opened on 18th August, with the following quantite- to hand : Hales. New South Wales and Queensland ... 44,300 Victoria 6*903 South Australia 11,500 Tasmania 7,«J0 Western Australia i,7C3 New Zealand 8.\9»0 Cape of Good Hope 45,9()0 Total 260,800 Of which 93,800 bales have been catalogued up to last night, and with very lew exceptions *old. The range of prices assimilates closely ro those obtained in June last, which were tin: best of the second series of sales ; for cross-bred and co use wools there is improved enquiry, doubtless attributable to domestic wool having recently recovered a portion of itt previous fall. Thiiß far the principal purchases have been on English account, which is explained by the cautious and limited action of home buyers earlier in the year. For America there have been a few transactions, chielly in New Zealand, of good staple and yery light in grease. Arrivals from that Colouy (86,000) bales, afford buyers an unusually large choice, which is to the prejudice of faulty and irregular parcels. our harvest has proved very abundant, and there are ample foreign supplies of wheat also available, so that cheap bread is assured for the populations of the northern hemisphere for many months forward. We are justified in anticipating favorable results from tliis, as well as from the prospect of a moderate value of money, upon manufacturing industries generally, arid the woollen trade is already becoming more active. But it must not be forgotten that up to this date our Australian import is 60,000 bales in excess of the previous clip, besides 20,00( bales afloat; hence it is premature to judge whether the February sales of 1875 will find manufacturers as bare of stocks as they were upon the opening of the wool sales of the present year. WHEAT A.M> I'LOliR. Messrs Miles Bros report on September 4th--The wheat market continues much d -pressed, without any recovery from the great fall which took place in prices ten dajg since, and as colonial samples have to compete with new English, the former are much neglected even ai a considerable decline, and parcel are now passed by which would have been freely taken d x weeks ago. Australian wheat may now be quoted ai from r,-, 8 to 00s per -10 lbs ; and New Zealand. Ins to&i» ; Australian and X.Z flour, 35s to Vis 28011)8. Owing t() llle K0(ld condition in which our crop lias been se^, rc( j - - lV( , think that, prices are likely to rule low for I lie ■•'ominir year. TALLOW AND [IIDI.S. Messrs Miles Bros report—The fallow irjavVct has been firm, and Australian has advanced about (Myu-r cwt. the present value of good to fine New Zealand mutton being 40s i;d to 4isi;d ; and beef tallow 3«9 6d to 39s 6d per cwt. Hide continue steady, and we quote New Zealand of good quality, both heavy and light weights, egd to (ifd per lb. NUW ZEALAND HEMP. Messrs Miles Bros report—There is nothing freili to report In tin; market for N. Z. hen.p since our last, and prices remain the same with a small business uoiug. PSE-EBVED T - ""Ni:i) tor'AT. Messr* Miles Brcs ret :-. The importations for this month show n decrease of ! t■■■; cases, and this, together with some .cxtcn-dve orders received from the Continent, caused a firmer ton..- to pervade the market, und prices for porno Hues have improved. Quotations are nlh mutton, 4?d to 5(1 ; 3i:> and tS met.on, yd, witn h. avy sti-cljs. lii-cf. 41b loi't ('•"•:! prime quality, ejd to tiji-l. alb corned beef are pcarce, but larger sizes are in good supply.

Mp.ir.niiiNß.-Tlie "Artrtis" of the 16lh. report- . -In tile iur:-'t ma k'-i a moderate amo- lit of hi i .-« ii:i- :hr<\- I'm- pilot. (1. ail'' sales ion fan pxioi I have been n*;or<:cd, Hread-tutis a>c now lifiviit: ■•: more frceiy A :•!!•■..'■•!• bu ineH i" i'-<i-;r :■ i mis -i] win: tlnuiujti fn. .j'!o:ii«o;n tins tm'••■ii- : tons wi'i-o dispns-d of til ':■* For ba e. - | ; !« ' •• i-i '■. ;i m derate ii' maud a out" quo'al'on ol ..:, • 01 to €l3 I'.'S. bmr* returned Wheal is hm .',■■• ami sales arc icadilv effected when paid 1 are offend W hear ol ii Ihie of 700 hags, a mixed parrel oi good m Uinjr. having dimmed linens at i.s 44, while (is Gd has been got for a small parcel of prime Oats ire very firm. Under the hammer 5s 3d to 5s (id was realised for feeding, and a line ot 8000 bushels California" is stated to have been taken up at 5s -id. Maize is steady at ssiCd; we hear of no sellers under. Sugars are iu good demand for brewers' parcels, and sales are reported at up to £36 10s. Yarnuille refined will be sold tj-morrow. New teas are moving off in parcels. Of the Elise's shipment, sales have commenced to be made Abo t 1000 half-chests have been closed for at Is 10c! to 3s 6d. Some exceptionally fine teas have come forward with this .-hip, and we understand that as mich as ss, duty paid, has been »ot for a small parcel of pouehonjj. Tasmanian hops continue to meet with buyers. A line of 30 hales IST4 has been placed at 1s r.d. Sales of currants are mentioned at :">>.d. A line of 5(1 barrels has been placed a; our quotation. Woolsacks are attracting speculative attention. "We hear of some parcels having been sold at 3s. Oilmen's stores have met with inquiries, and a line of pickles, sauces, &c, has been placed at full rates. We understand that a meeting under the Act is called for Monday next in the estate of Messrs Samuel Macirregor and Co , the well-known auctioneers of stock and produce, ea'rving on business in Wannambool, Belfast, ant Sfawell. The liabilities, it is rumoured, amount to £OO.OOO in round numbers. The first sale of the new clip of wool was held this afternoon at .Messrs tt. Goldsborottgb and Co.'s wool warehouses. The " opening sale of the season " is always an event of great interest to the mercantile and squatting community, and on this occasion the spacious saleroom was thronged with representatives of thr- various clases interested. The catalogue submitted comprised 3209 bales, which included some very fine clips from Eiverina. The biddings were animated throughout, and the sale passed off satisfactorily, buyers showing a strong desire to operate at full rates. A few lots were bought in. but offers were so close to reserves that business will likely result privately. Greasy realised from lod to 13|d the latter being for a superior clip from Rivcrina; fleece, up to 23d.