COMMERCIAL.

Lyttelton Times, Volume XXVII, Issue 1890, 10 January 1867, Page 2

COMMERCIAL.

In consequence of . the inclemency of the weather, the horses Advertised by Mr J. 11. Burnell, also those advertised by Mr E. Bennett for sale yesterday, were riot offered, but by our advertising columns we fiiid they, will be sold ori Monday next. There is scarcely anything in the operations of the past month that is worth recording, as it is almost universally the dullest period of the year, and in most cases, derated to the balancing of accounts. Business has nevertheless been gradually, improving, although stocks continue to be in excess, and prices, as a rule, have a drooping ten-, dency. .The concurrent arrival of three London vessels has filled the stores to repletion, irid wa are fully supplied with every description of goods • for some weeks to come, as by that time most of the supplies for the sheep stations will have been forwarded; The wool clip is coining in fast, and the vessels on: the berth are filling up, one, the Asterope, having aheady sailed for London with i a M freight. Complaints are general of a scarcity of money, hut payments are pretty regularly met, and we are not worse off th&n our friends in ■ the neighbouring, colonies. Owing to large arrivals of. flour, from South America, has receded considerably, and is now lower in price than it has been for some time past. Wehearof a sale of .200.. tons of Chilian in one lot at a price withheld but said to be under £ll per ton. ' . . Sidney.—The Empire of the 29th ult. reports' ' To-day the usual sales of tallow and hides were held at the respective produce stores on the Circular Quay. The supply of. tallow; was very : limited, ;but was sufficient for the requirements of the local trade, who were the only purchasers. Prices showed little .variation from tho rates obtainable last week.: , . The market for hides exhibited great djilness, and many of the lots .offered •were withdrawn. Several small Bales were,- how ever, subsequently made by private ■ contract. In. general business we have to report a blank week ,in consequence of the Christmas holidays, and the general indisposition to do business of any kind during the last week of the old year. We have' no alteration in prices to notice, and the quotations given in our monthly commercial summary last Saturday iray bo regarded genetally as the' rates which may be obtainable, when business has again fairly set in with the new year. • Melbourne.—A Melbourne telegram of the 31st ult. says Flour is wanted for export to New Zealand j ■.there is, however,' no change in prices. .Wheat is : in demand, but holders are firm. Maize is quiet at -k Id'. Oilmen's stores are active. The Hannah Nicholson's cargo of sugar was sold at a slight decline on ration and medium counters, but an advance cf 15s on fine crystals, Adelaide.—An Adelaide telegram of the 31st ult. says .'/■ There have been a few sales of wheat to-day at is to ld; . supplies exceed present demands/ Flour is dull at £ll to £1!!,