COMMERCIAL.

Manawatu Herald, Volume II, Issue 58, 16 March 1880, Page 2

COMMERCIAL.

Wellington Friday March I*2. _ We have no material change to report in business since our last. A f«*ir amount of trade ha*** nevertheless been doing, although confined mainly io tbe snpply of the current requirements of tho retailers. The arrivals dv ing the same period have been the Alastor from London, and the Elinor Vernon from N*w York, via Dunedin. The cargo by the Inst named vessel for thia porfc is but small — only about 150 tons — . consisting of ironmongery, chiirs, American notio* s generally, added to which she has thirteen case 9of tobacco and 600 casos of kerosene. The Alaster had on board a considerable quantity of blasting nnd sporting powder. A good portion of the former having been sold to out ports ban been transhipped direct by coastal craft. A lnrge demand for this article has lately arisen, and tho parcel by this vessel is altogether insufficient to satisfy it. Tn fencing wire thero is a decider! itpward tendency, prices being ficm at £16 to £17 for parcels of Nos. (5 to 8, tho lattor still continuing scarce. Recent sliipit-en-'s of galvanised iron are becoming absorbed. Sales to arrivo ex .Master huve been made at £30 or thereabouts for 26 guage; there is, however, no disposition now to sell at anything like this rato for forward delivery. Referring to metals generally our la' est Home advices state that not only may the recent heavy advances be expected to be maintained, but that in nil probability still higher rates may be looked for, A shipment of Ba-s's ales just landed has found ready buyer-*. Previous to this there was an absolute dearth of the brand in the market. Sugats — The Company's quotations for IW, IC, and No 3 remain unaltered. During the last few days a telegram from Melbourne has been published, in which it wa j stated thnt a full of £1 per ton hud tuken placo ; thi*, however we have good authority for interpreting os only applying to luca.l prices, anl as iv no way affecting export rates. — N.Z. Times. [CV TELEGRAPH.] Tijtaeu March 12. Harvest operations are nearly over, but threshing is very backward, and deliveries still continue light. No transactions in the grain market worth mentioning have yet taken place. — — —^^— ■ — — — — ■ — m