COMMERCIAL.

Wellington Independent, Volume XXVI, Issue 3326, 23 October 1871, Page 2

COMMERCIAL.

Independent office, Saturday evening. Our market has been very quiet during tbo week, and except some fow orders for the out. ports little business has beon doing. The Electra has brought a full cargo of English import" for this port, whioh. with tbe probability that Messrs Turnbull, Rpeves find Co.'s Stock will ho forced into the market at a considerable reduction, may influence tbe values of some descriptions of goods in the future, otherwise prices mostly remain steady at current quotations. Several parcels of kerojsene have reached us from Melbourne, and Bales are dull at 2s lOd per gallon, duty paid. Sugnrn are in moderate supply here, quoted at, for No. 2 W, £51 10s ppr ton ; O, £49 to £49 10* ; XV, £41 to £41 10s per ton, duty poid. No trade doing in wines and spirits. Mnrtell's and Hennessey's brindy in quarters is worth 78 6d, but few sales to any extent are effected ; in fact there appears to be so little life' in tbe place thnt all transactions are of tbe most limited character. Flour is steady at £14 10s to £14 15s per ton, for beet brands of Canterbury. Good onts are in short supply, but the quantity of inferior sorts in tbe place necessarily influences values, which remain at former quotations. Dunedin.— The "Times" of the 16th inst. reports : — There have been arrivals during the week of new season's teas, and of new crop sugars, and in both these articles there will now be an extended business doing. The sugar market acain wears a very firm aspect In minor sales we note light parcels of kerosene at 2s and 2s Id ; salt, ex warehouse, at 80s ; new hops, at Is 3d for Kents. Enquiry is mode for woolpacko, holders' rates for full weights, 4s 9d ; but no transactions of extent yet reported. In oilmen's stores there is generally, in consequence of light shipments, a tendency to firmness. Dried fruits are also rather scantily supplied, und as the season advances may have a disposition to improvement. Tbe operations in the grain market ha7fl not been of any great extent, and the closing values are those of tho previous week. The indisposition of dialers and millers to transactions beyond immediate requirements haa been strengthened by the depressing tone of the last advices from Victoria and South Austmlia. Good milling wheats are quoted at Bs j fair samples of feed oats at 2s 2d to 2s 3d. For hurley the enquiry bus dropped into almost nothing, and such trifling lots as have been quittpd show very varying rate*.