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Melbourne. — The Argus, of the 21st ult, reports as follows : — In the import markets trade throughout the day has worn an exceedingly quiet aspect. All speculative feeling for the present has subsided, and bij&iness, thus limited to the mere requirements of the trade, presents too much of an appearance of inactivity to be at all satisfactory. Bread stuffs are steady at Ll6 10s to Ll7 for Victorian flour. A parcel of 150 tons, in one line, was placed on private teiTO3. Wheat is more enquired for than flour, and, were parcels offering more freely, a large business could be done ; we, however, learn of some 5000 bushels Victorian having changed hands at 6s 9d and 7s. Oats are scarce, and difficult to be got, unless at extreme figures. Maize, owing to an advance in Sydney, is held for higher rates ; in the morning sales were made at 3s 9d ; but, since receipt of advices referred to, holders have raised their price to 4s, The auction sale of sugar did not pass off in a satisfactory manner ; the quantity offered, which comprised the entire cargo of the Countess of Seafield, atneunted to 13,000 bags, but inconsequence of the disinclination evinced by buyers to operate, the auctioneers succeeded- only in getting rid of some 2000 bags, at 395, foi finest white crystals, 36s for middling white, 35s for yellow brewing crystals, and 33s to 33s 4sd for yellow counters. Teas are moved off in fair quantities, an improving demand from the country being experienced for the finer class of congous ; about 200 chests of the Albert Jurss' and Matador's teas have found buyers, at prices rising from 2s for fine medium congous, to 2s 4d for superior, We are informed by tho auctioneers of the Woodbine's cargo of teas, sold yesterday, that up to 2s Id was obtained for the finest grades sold, the prices realised consequently ranged from Is 4d to 2s Id. There is an enquiry for new hops, and business is pendr ing, Sales of currants are reported at up to 4d, and for new we hear 4Jd having been obtained. In metals the sale of an invoice of fenping wire has been made at LIB, LI 7, and LlB, for Nos. 6, 7 a»d S- Hoop iron, owing to scarcity, is maintained at long figures. We, however, are informed that Mr Amos has succeeded in rolling one inch iron, which has been selling freely at LI 7. English malt, at the extreme rates required by importers, is neglected ; but we understand that a parcel of 5000 bushels polonial made from chevalier barley, has realised close on 10s ; the quality, however, was said to be quite up to the imported. On the other hand a line of 2500 bushels, made from Calif ornian barley, rather inferior quality, was quitted at 6s. Speculative purchases have been made of quicksilver at 2s to 2s 2d, and holdora now ask'2s 6d. In timber, sales have been made by auction of flooring, ex Macduff, 257,428 ft. were quitted at from 5s 9d to 12s 6d, according to size. By public sale also, 1000 cases Byass's stout brought 7s Od.

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https://paperspast.natlib.govt.nz/newspapers/GRA18680107.2.7

Bibliographic details

Grey River Argus, Grey River Argus, Volume V, Issue 309, 7 January 1868

Word Count
526

Grey River Argus Grey River Argus, Volume V, Issue 309, 7 January 1868

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