COMMERCIAL NEWS.

Manawatu Standard, Volume 4, Issue 134, 14 May 1883, Page 2

COMMERCIAL NEWS.

WELLINGTOST MARKETS.

LA.TEST QUOTATIONS.

Wellington, May 'l2. Business iB generally reported as dull, and since our 'last no transactions beyond the ordering trade requirements are reported. "Kerosene is still very firm, at Is 2d to Is 3d per gallon m bond, for test oil ; while Is 6d to 1.8 8d m bond is quoted for 150rtest ; a large parcel of kerosene has- been offering, to arrive, at Is 2d, i.b,, but we do not hear Of any sales. Sugars aro quoted ai£i:l to £41 10s), £37 to £37 10s, and £33 to £33 10 for IW, 10, >nd C respectively. Gaivanisfld iron sells slowly from stock at £23 10s ; 4-barb galran- ; ised wire is lowp.r, sales have been made from £48 to £4:9 per ion, we, however,' anticipate higher prices as stocks are not m proportion, to the demand. Irqn wire is well stocked, and quoted at £13 to £13 10s and £14 for Nos. 6, 7, *nd 8 respectively. Colonial Produce — A. moderate enquiry existed for butter during foe. early part of the week, an! 10 do lO^d i was given for prime potted j the mir-; ket is however, weaker, and 9Jd to lOd : is quoted "for^first-class samples. Wheat; (milling) is scarce, and ; , quoted at 4a to' 4s 3d ; whole fowls' wheat is worth 3a 6 1| to 3s 9d ; some indifferent broken samples have been offering at 3d per bushel; less. Oats are not heavily stocked^ aid' 2s 5d cp 2s 7d is quoted for good feed; samples. Oatmeal is quoted: from £14. to £14 10s. Maize is easier, and is quoted from 45,. 3d to 4s 4d per bushel.Potatoes 'have the usual trade demand,; but no business of a speculative character is reported ; it is considered that potatoes will be much lower as the s?ason advances ; a small cargo from Kaia» poi wasofferfd at public auction during; jibe week and realised £3 per ton, sacks extra ; from late advices from Sydney and Melbourne it does not appear as if there is going to be any outlet for our potatoes m that direction.