Markets.

Otago Witness, Issue 1160, 21 February 1874, Page 16

Markets.

Witness Office, Thursday Morning. In two successive days since our last, wo have had submitted to auction cargoes of tea and sugar. The first was the finely assorted cargo of the Carl from Foo Chow, at the Rooms of Me.-srs M'Landress, Hepburn, and Co, and at which buyers confirmed the inefficency of any longer attempting the disposal of tea at auction. A growing disinclination to this mode of operating has been evident for more than two years; and importers on this occasion were forced to withdraw the whole, but since have been eff eciing sales privately at satisfactory rates. The other was the cargo of sugar ex Farningham, from Mauritius, which was offered by the same firm on 13 th inst, when four out of 20 lines, and 1520 out of 12,312 pockets, were sold, the following being the prices realised :— Finest snowdrop crystals, £36 7s 6d ; do, £36 17s 6d ; do, £37. The Brenda, also from Mauritius, the first sugar importation of Messrs H. J. Gibbs and Co. to this port, and the eighth of the season, has arrived also, aud is announced for the 10th inst., at the rooms of Messrs M'Landress, Hepburn, and Co. In brandy no alteration has taken place ; rates are maintained, but importations being light, importers will be warranted in holding firmly. Whisky remains dull; stocks of bulkheavy. Oilmen's stores are in some articles— such a* salmon and sardines— overstocked, and therefore difficult to move. Butter is advancing in price for good Colonial, but quality still complained of. Cheese is in little demand, the new make not even appreciated. In kerosene no alteration is observable. Corn sacks show a slightly firmer tenden cy. Hops are slow of sale, brewers only buying from hand to mouth. In tobacco, two shipments of Cameron's, consisting of twists, lOa, and aromatics, have been placed, terms withheld. In galvanised iron Btocks are being increased. Fencing wire is coming in plentifully, but a fair demand exists, which will improve when the shearing season is over. Flout is this week queted at £H 10s. Some new wheat has been bought at 4s 6d. New oats are not forward. Barley (new crop) is selling in Christchurch, according to quality, at from 3s 9d to 4s 3d. DUNEDIN WHOLESALE PRICES CURRENT. Flour, Ll3 to Ll3 10s ; bran, (JO-i ; oatmeal, L2l ; pearl barley, L2O ; chaff, 80s ; potatoes, 60s. Dried Fruits —Currants, sd ; Sultana raisins, 7jd ; Elemcs, 7d ; Capes, 7d. • Ales.— Devenish's, 13s 6d; Tennant's 13s ud; Younger's, 13s Od. Porter, duty paid— Blood's, 13s ; Byass's, 12s (iU ; Guiimcss's, 14s. l'ig brand, none. Tea, duty paid.— Common, 2s ; good medium, 2s 3d to 2s (id ; .superior kinds, 2s 9d to 3s ; boxes, 27s to 35s ; orange pekoe, 2s 9d to 3s ; gunpowder, 2s 9d to 3s. Suyar, duty paid. — Fine Mlntos, L 49 to LSI ; grrey crystals, L 47 to L 49 : yellow do, Li 4to L4O ; ration, L4 p i to L 42 ; Victorian whites, L 49 to Lsl ; counters, Ll3to L 45. Spirits, in bond.— Brandies, Otards, 0s ; do. m case, 28s ; Martell's or Ilciincssy's, 10s per gal. ; do. in case, 325 ; Bisquit's brandy, 8s Od and 28s. Whisky, Glenlhet, 9s ; Glenury, 7s ; Scotch and Irish, 5s to 7s ; Lowjjohn'b in case, none. Hum, 4s 6d to ss. Gene\a, JDKZ, per case, 14s Ud : VH and Co., 12s. Old Tom, per case, Burnett's, 14s ; Bernard's, 12.-,. Candles, ll}d : Kerosene— 2s sd, Devoe's ; Diamond, 2s sd. ___________ Mr Archiisald Mont, Manse street, reports the following as the latest quotations : — Flour— Ll2 per ton. Oatmeal— L 22 per ton. Pearl Barley— L2S ncr ton. Bran— L4 10s per ton. Pollard— L3 per ton. Chaff— L4 por ton. Hay— L4 per ton. Potatoes— LS per ton. Carrots— None, Turnips— None. Wheat— 4h 3d to 4s 6d por bushel. Barley — 4s Od to 7s por bushel. Oivts— 3s Oil to 4s per bushel. Butter— 9d to lOd per lb. Cheene— Ud to 7d per lb. | Bacon and hams— 9d per lb.