COMMERCIAL.

Wellington Independent, Volume XXVI, Issue 3141, 7 March 1871, Page 2

COMMERCIAL.

' Auckland. — The " Cros&" of the "3rd inßt, Bays:— Messrs S. Oochrane anl Son sold this day at their land mart, Fort street, by order of Thomas Macffarlane, Esq., a trusteo in the estate of Mr E. M. Williams — A farm at Bay of Islandß, containing 1413 acres, with the buildings, implements, &c, for the sura of d 8745, Mr Way being the purchaser ; also five acres to the same purchaser at Waitangi, for £5. For the five acres and fifteen perches at Tararua, £57 10s per share was offered, but the land was withdrawn.

..The Shake Maeket. — The " Cross" of the 3rd, says : — Mr S. Vickers reports sales to-day of— Caledonians, £75; Thames, £13 10a; Junctions, 37s 6d ; Otogoes, 10s j Inverness, 15b; New Zealand Loan and Mercantile Agency Co., £3 Hokitika.— The "West Coast Times" of 3?eb. 27 reports : — Business daring the paßt week has been excessively quiet. The continued want of rain operates injuriously in commercial circles. The country buyers' orders are of the most limited character — more so than has been experienced lit any similar period during the past five years. This is owing to the fact that miners are almost at a standstill for the want of water, and consequently just purchase what is actually needed as the necessaries of life. Such a state of things materially affects any specula tion, and, although some small transactions of this character have taken place, there ia not that spirit which usually prevndes a speculative conamnsity to be discerned at present. From all the Melbourne advices we gather that the crops of wheat are miserably deficient this year throughut Victoria, and at the same time, learn from Adelaide that both prices of wheat and flour are firm, but a reduction in the price of each is submitted to ia the Melbourne markets, which has a depressing effect in this market. Holders of flour, however, still demand and obtain £17 10s a ton for Adelaide, and Wood's provincial realises £14. Oats are in the usual demand at 3s 6d to 3s 9d per bushel; bran, Is sdj Melbourne chaff, of which the stocks are diminishing, sells at £13 to £13 10s. Wheat and maize are dull of e&le. Potatoes are without quotation, except for local grown. Cheese is in demand, and prime is worth Bd. Butter is not plentiful, and choice parcels are in demand afc 7d to Bd. Bacon and hams are in limited supply, and good provincial bring lOd. Though business has been quiet, there is still a

feeling of security existing in trade circles. Mr Wm. Todd, auctioneer, reports aa follows : —Sold, ex Charles Edward, fruit, appleß, at 6s per case ; peachea, 80 ; eggs, Is 2d per dozen. Also sold oats at 3a 6d per bushel ; Wood's flour, £14 ; Hart's, Adelaide, £17 lOa. On Thursday, ex Kennedy, sold apples 6b 6d to 8s ; peaches, 7e 6d ; pears, 10a ; plums, 18s 6d ; Nelson chaff, £9 ss ; grapes, ex Rangitoto, 26s per case. On Friday had a clearing sale in rooms : Wellington butter brought 6d ; cheese, at 6£d ; and other produoo at fair rates. Bacon and hams are in demand. Altogether, a fair week's business haß been done.