COMMERCIAL.

Wellington Independent, Volume XXII, Issue 2604, 30 November 1867, Page 4

COMMERCIAL.

Dunedin.— The Olago Daily Times of Monday last contains the following commercial article : —

Business has been moderately good during the grentcr pnrfc of the week, though suffering from the extremely unfavorable weather. Transactions have been mostly for current requirements, and in few instances individually large, and neither ns to extent or alteration in rates furnish much occasion for notice. Breadstuff-? are steady at last quotations ; but though no doubt now exists that stocks are less in extent than hitherto suppoßed, no speculative inquiry either for flour or grain has been manifested. A few sales made of tngars, chiefly yellow and white crystals, show

prices to bo firm at a shndo over last auction rates. The trade supplied themselves with new season congous, at the sale of the Rubicon's cargo on the 22nd ; prices current previous to the sale were fully maintained, tho low class teas bringing proportionately the be3t prices. No operations of any moment* have taken place in provisions. Good parcels of new-cure hams and bacon are held firmly, but second rate parcels are pushed at low rates." A moderate business has boon doing in spirits— Kennessy's and kartell's brandies continue to realise 6s 9d and 28s. Hemp goods were dealt in early in the week, but have again become dull. Malt' liquors command no attention ; ales in bulk and bottle, and stouts, selling in but small sized parcels at scarcely maintained values. Lyxxkltox.— The LyfteUoti Times of Monday reports : — | The decline in the price of wheat noticed by us last week appears to have been only temporary. I To-day, parcels of good quality were firm at from , 3d 9d 'to -Is per bushel, and we quote barley at from 3s to 3s Gd. The demand for oats is very small, and they cannot be said to bo firm even at last week's quotations of 2s per bushel. Flour continues at our former quotations of £12 to £H per ton, superfine Canterbury. Bran and sharps are still depressed, and could not command more than last week's prices of £3 and £-1. respectively. Tho price of good hay was £L per ton. Memourxe. — We have two days' later advices from Melbourne. The Leader of tho 16th instant bays :— Breadstuff's have been inquired for, and no doubt purchasers would have operated more freely but for the extreme scarcity of tonnage, which remains a difficulty in the way of shippers. We understand that nearly 300 tons Victorian flour have changed hands on private terms, leaving holders now firm at £12 10s. A parcel of 35 tons Tasmanian flour was placed at £10 15s in bond for transhipment on bonrd a vessel in the Bay. Wheat scarcely meets with so much attention as flour, though a lino of 5000 bushels Victorian found a buyer at close on 5s 3d. A few thousand bushels of bran were sold at 13d. 1000 bushels Tasmanian oats wero placed at 2s lOd. Candles arc evidently regarded with favor, a brisk demand having set in, resulting in tho disposal of nearly 1000 boxes Brandon's at ll£d.