SPECIAL COMMERCIAL TELEGRAM TO NEWS OF THE WORLD.

New Zealand Herald, Volume VIII, Issue 2254, 17 April 1871, Page 3

SPECIAL COMMERCIAL TELEGRAM TO NEWS OF THE WORLD.

The East Lolhian, for Auckland, is nearly loaded. Markets quiet' and unchanged, except. f>r rosin, which advanced to ?2 So lor common, $5 50@6 lor sale. There have been sales of 175 cases kauri gum, private ; 14, 500 lbs do., 12ie. Small sales of New Zealand flax, via London at 9 to OJc, currency. Gold has been firmer, selling- at 11 i, closing at 114. " Exchange strong. Bankers' 109| , 60-day, 1103 5 sight, commercial, 109± to 109^. Colt on Seed—Easier. Sale of 150 tons New Zealand at £8 15s. Colonial securities are steady. New Zealand G's, March and September, advanced 1. COMMERCIAL LF.TTKH. New Yobk, March 6.—Prices opened with an upward tendency, but only descriptions which advanced can be quoted. In good, scoured and greasy, however, prices closed Bteady and firm. New Z aland wools have been in good demand throughout. Port Phillip flocks were well competed for. New Zealand locks sold very low. The barque East l.othiau, for Sydney and Auckland, Now Zealand, being loaded by Walker and Son, will finish by the 10th iust. Her cargo includes 5000 eases kerosene and and general cargo. This vessel will sail direct for Sydney, and thence to Auckland, 'where she will load with flax and gum tor New York, and thereafter continue as a legular trader between theße ports : her owners have also arranged to have other vessels load for this port, and have now ono nearly due. In Australian products I only note sales of 1845 caiea kauri gum on private terms ; quoted at 13 cents and 14. cents currency, duty paid. In New Zealand flax there .is nothing doin". The. cargo of the East Lothian is still in store. New Zealand flax is dull, and prices are caßier at » decline of £2 to £i per ton. Sales of 2,000 bales quoted at £11 to £23; tow, £13 10s. to £14 10s.