COMMERCIAL.

Wellington Independent, Volume XXVI, Issue 3316, 11 October 1871, Page 2

COMMERCIAL.

_ «> — Melbourne. — By the Tararua wo havo Melbourne papers to the 30th. The " Argus" of tlint date reports : — ln the import markets, trade to-day has not shown any particular signs of activity. One or two exceptional sales have come under our notice, which havo helped to keep the market alive. Breadstuff's are Btill exceedingly heavy. Quotations for flour are maintained at £13 5s to £13 15s, but in the absence of sales may be considered only as nominal. Of wheat, we hear of the disposal of a thousand bags prime Adelaide in a line, at 63, terms. There is nothing doing in oats j we understand, bowevor, that offers hare been made for parcels, which may eventually lead to business, but have not yet been responded to. Prime maize is firm at 3s 9d ; sales are not large, the business done being somewhat of a retail character. Prime samples of barley are wanted for malting, and parcels can be quitted at extreme rates. We hear of a shipment of close on 500 bags having changed hands at 4s 3d. Dundee goods are still in fuvor ; we are informed of 100 bales woolpacks having been taken up at 4s Id to 4s l|d. Owing to a considerable advance in the home markets, and a further rise expected, attention has been directed towards Scotch pig iron, and upwards of 450 tons havo been cleared off at very full rates, and the parcel is now held for a good advance.