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COMMERCIAL.

Large sales of wheat have been made during the week at 3s, and as no orders of any importance come forward from outside markets, buyers do not appear very anxious to operate extensively even at 38. The yield is turningjout exceedingly well throughout the province, very few deliveries being under 30 bushels the acre, while many are 50 to 60 bushels, and even as much as 70 bushels the acre has been obtained in some cases. Oats are selling freely at 2s 6d, as a moderate export demand exists, but with the heavy crops lu Otago, winch will shortly be in the market, buyers do not appear disposed to advance prices. Inferior wheat is selling at 2s 3d, and 2s 6d, and can be used lor horse feed. Flour lias been sold at £9 in 1001 b sacks, f.0.b., but prices must ere long give way. Bran is selling at £3 10s, f.o.b. Barley is in excellent demand at 4s Od for really prime samples, and although higher prices are reported to have been paid, we cannot hear of any leading buyer operating at over this price. Butter is worth lOd, and cheese 6f a. A moderate business has been done in the import markets during the past week. The W. W. Smith from London, arrived on the 25th inst, with full cargo of general merchandise. The Mallard cleared tor London on the 22ud inst with cargo of wool, skins, and tallow. Teas-Several sales have been made in these lines at our last quotations. We understand the s.s. Otago is bringing the cargo of tea transhipped from the W. G. Fatten at Melbourne. This cargo ought to sell well, as the market is very barely stocked with good to best lines. Sugars have been disposed of freely. Whites realised £3o to £35 lOd; yellows, £33 10s to £34, 1.8. Spirits— A few parcels of Hennessy’s case have been placed at 29s to 29s 6d ,• bulk meets with usual trade sale at 9s 6d. Martell’s dark 9s 3d to 9s 6d. Geneva, JDKZ—The demand tor this line has been very good; sales have been effected at 15s to 18 8 6d, 1.8. We have nothing new to report in the other lines of spirits, beyond the usual good trade sale. Bass’s bulk ale—The demand for this is increasing ; sales have been made at £9 to £9los. In bottled ales and stouts the business transactions has not been treats sales are pushed at lls 6d to 12s 6d, for the est brands. Price’s candles find purchasers in large parcels at IOJd. Kerosene is offering freely at Is sd, 1.8. A few sales have been effected at this figure. For clearing a large line holders would make a considerable concession on this quotation. A few pockets of English hops have been quitted at 2s lid, D. P.; stocks very small. Cornsacks have been sold freely at 12s per dozen. Tobaccoes— Sales have been very few. The prices quoted are— Is 9sd for best case twist, Is B|d to is 9d for i - tierces, in bond.

The Customs follows: — Drapery Spirits... Tea Wine ... Sundries revenue collected yesterday was as £ s. d. 305 3 6 211 13 10 53 15 3 41 6 5 13 1 10 £627 0 8

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GLOBE18750227.2.4

Bibliographic details

Globe, Volume III, Issue 225, 27 February 1875, Page 2

Word Count
546

COMMERCIAL. Globe, Volume III, Issue 225, 27 February 1875, Page 2

COMMERCIAL. Globe, Volume III, Issue 225, 27 February 1875, Page 2