COMMERCIAL.
♦ Wellington, Friday. Since our last, a very uneventful week has been gone through, and it becomes a matter of great difficulty to present our renders with a market report, as the business dono has been of such a limited character. Sugar. — A few days ago a telegram was published to tho effect that sugar had been lowered £1 per ton No information of the kind having, however, been received by any of the importers from Sydney or Melbourne, we assume that the change is only intended to affect the local murket. Stilt — Shipments on the water are large, and on arrival they will doubtless iufluence quotations, which meanwhile stand at £6 to £6 10s for fine, and £5 10s to £6 for coarse. Woolpacks — The demand is now active both for local and other requirements. Sales of parcels of 101 b packs have been made at 3s 4d to 3a 6d, while Blb packs are realising from 3s to 3a 3d. Candles. — Shipments from Home being insufficient to meet the wants of the place, supplies have been drawn from Sydney. ' Price'? are steady at lOjd ; De Roubaix, 9Jd. Cements. — Enquiries are but limited. We, however, understand that a parcel has been sold to a contractor at 17s 9J, duty paid. The quantity to arrive is considerable, and we therefore look for a reduction on this price. The condensed milk is in but little deraend ; sales of a purely retail character aro made at 9s to 9i 3d. Currants nre in low stock, and are worth 6d to 6}rf. Sardines am quotnble at os 6d for quarters, and 8s fid for halves. Teas.— Further shipments have arrived per Rotomahuna, ex Bowen, as follows : 400 half chests and 21 24 boxes for this port ; 164 half chests and 548 boxes for Nelson. The Alexa left Foochow about a month or five weeks a?o, and may b'j expected to arrive here towards the end of the current month. A quiet trade only is doing. Sulphur. — The demand bavins been greater than calculated upon, stocks have nvstly run out, and the price has ! been advanced from £18 to £20. Wire nails. — Supplies are email, nnd are being quitted readily &t recent rates, say £ if) to £27 per ton for 2-inch and intermediate size", up to and, including 5-inch. Colonial Produce. — We have nothing of a cheering uature to report in reference to goods coining under this heading, but rather the contrary. Flour— Best brands remain stationary at £11. Bran is in no enquiry, the consumption at ihis season of the year being always smnll, its normal value is fi^d to 7*d. Oiitmeal is soiling at £U 10s to £12. Chick >vheat is heuvily stocked at 2s 3d. Salt butter has been forced off by auction at 3d to 3^d per lb ; this article appears to be a drug everywhere, and there is absolutely no market offering. B:icon and haras of good quality are worth 8/1. Cheeso is dull at 5-i'J. Pollard in full supply, but small demand at £4 10s. Oats— A shipment of 400 bags were quitted by public auction at Is 8d ; the description was moderate feed. Prime samples are worth from 2s Id to 2s 3d. Maize— The market continues overstocked, and sales are restricted to small retail parcels at from 3s to 3 s 3d. — N. Z Times. Auckland, October 1. Business is dull in produce. Oats are well supplied, especially inferior kinds, but rates are if anything easier. Maize is plentifully supplied from the coast, and v offered at 3s 3d per bushel ; Sydney maize is scarce, and rules high, eonae holders asking 3s 6d to 3s 9d. Oamaru potatoes still fetch £4 iv parcels, and £5 in small lots, but Canterbury produoo was sold today by auotion in 5 ton lots at £2 per ton. There is brisk demand for manures, and stocks of bonedust have run low. The brigantine Lookout is expeced daily from Sydney with a cargo of bonedust. The wine and spirit trade very dull, brandies overstocked, and demand slack ; in grocers and oilmen's stores little change to note. The Sybil's cargo of tea turned ont in excellent condition, and already half of it is placed higher, and medium grades are equal to last year's, and there is slight advance indicated in lower Borts. Dunedin, October 1. Prime beef, 27s 6d per lOOlbs ; mutton, 2|d perlb; good samples milling wheat, 4a 4d to 4s 7d ; fowl's wheat, 2s 6d to 3s j feed oats, Is 6d ; milling, 1b 7d to 1h 8d ; malt barley, 2s 9d to 3s 3d; feed, Is 9d to 2s 6d per bushel ; potatoes, £2 ; grass hay, £2 10s; oaten hay, £3; roelium wheat, 3s 9d to 4s j straw, £> ; bran, M 3 10s ; pollord, £4; flour, £10 10s to £11 ; oatmeal, £9 10s ; pearl barley, £18 ; onions, 8s ; cheese, 4d to ad ; bacon, rolled. 8d ; hams, 9*d ; sides bacon, 7£d toßjd; chaff, £2 I is. The nniket is glutted with potatoes at £i.
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Bibliographic details
Manawatu Herald, Volume III, Issue 10, 5 October 1880, Page 2
Word Count
834COMMERCIAL. Manawatu Herald, Volume III, Issue 10, 5 October 1880, Page 2
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