COMMERCIAL.

Globe, Volume III, Issue 254, 5 April 1875, Page 2

COMMERCIAL.

The Easter holidays to some extent have checked business, but on the whole a fair amount has been done during the week. Wheat is firm at 3s, for forward delivery, and 3s l*d to 3s 2d for immediate delivery. A London telegram, dated 23rd March, quotes New Zealand wheat, average quality, 46s per 4961 b; weather so far favorable for next harvest. It is noticeable that exports of wheat so far are not equal to last year, although the yield is larger. The result is, that all the available storage accommodation is being rapidly filled. Flour is steady at £9, in sacks. Oats are quiet, as the large surplus in Otago appears to have made buyers cautious. Medium feed are worth 2s 3d to 2s 6d, and choice milling 2s 6d, Prime malting barley sells at ss, and medium parcels 4 s 6d to 4s 9d. Cheese is in good demand at 8d; butter at Is 2d. Potatoes have been sold at £1 15s. There has been very little business done in the import markets during the past week, owing to the holidays. The Amy, from Mauritius, arrived on the 27th ult., with 300 tons of sugar; importers should do well with this cargo, as stocks are getting rather low. We understand this shipment is to be offered by public auction on the 6th inst. The usual trade sales have been made in sugars, at £45 to £45 10s for white crystals, and £4310s to £44 for yellow crystals, d.p. Teas are moving off fairly at last quotations. Bottled ales and stouts have met with attention; a few sales have been effected at lls 6d to 12s for best brands. Spirits have been rather dull; trade sales have been few; quotations are the same as last. Candles are inquired for; lOjd to lid is the prce quoted for parcels. Cornsacks move oil freely in small parcels at 12s 3d. We hear of a large line taken up at lls 9d ; stocks in this line are getting considerably reduced. Cement has met with the usual good sale; parcels moving off freely at 22s 6d. Standard iron—Several large parcels have been disposed of at 46s per ton. Galvanised iron—None in stock.