COMMERCIAL.

Globe, Volume IV, Issue 437, 6 November 1875, Page 2

COMMERCIAL.

There is nothing' of note to report in the gram and produce market, business continuing extremely dull Wheat remains without alteration at 4s tor prime milling, but at this price there is little demand. Oats are daily becoming less enquired ior, and we have to quote a further decline of one penny. Barley, except the primest malting, is quite unsaleable, and there is little of the best quality now held. Flour is somewhat lirrncr, stocks being gradually reduced. In potatoes we have no improvement to note, in fact holders cannot sell at any price, we do not therefore feci justified in quoting. Butter is ea-icr, as the new make is now commencing to come in. Cheese continues without alteration. Hams and bacon show a slightly Improved demand now that prices are reduced. A lot of farmers’ cure changed hands during the week at Bd. Buyers’ quotations are:—Prime milling wheat, 4s ; do oats, 2s 3d ; flour, £9 10s in sacks ; £9 17s 6d, £lO ss, in 501 b bags; bran, £4 15s; sharps, £5 15s ; butter, 9£d ; cheese, 8d; hams and bacon, 10jd bare; and lid in cloth. A very fair business has been transacted in the import markets during the past week. In sugars we have to report a very large business done. On Wednesday the whole of the cargo of Mauritius sugars per Mayflower was ottered at public auction, when about 5000 pockets were disposed of at the following rates:—Yellow counters, £2B 10s to £29 10s • brewers’ crystals, £3O to £3O 10s; white crystals, £32 to £32 15s; best whites, £33 to £34 ; white counters, £32 10s to £34 i.b. The attendance was very good, but the biddings were very slow and tame. We need hardly say that the above prices are far from satisfactory. We are given to understand the balance of the Mayflower’s cargo will be offered at auction in a few days without reserve. Privatejsales have beenflarge ex the above ship, and the G arron at prices in most cases slightly above auction rates. We understand 3000 pockets have been placed in this way. Teas do not call for any particular remark. Trade sales are made at our fast quotations. The usual trade sales have taken place in tobaccoes; best twists have been sold ireely at Is 8d to is 9d i.b. Wines and spirits are very dull; we have no large sales to report. Bottled stout—Large parcels of best brands are offering to arrive at lls 6d to lls 9d. Ales have been neglected during the week. Cement is in good demand at 20s 6d to 2ts for large parcels delivered in Christchurch. Woolpacks are moving off slowly ; several lots have been sold to station holders at 3s 9d to 4s. Cornsacks—We have nothing to report in this line, but we believe the price will open at about lls to lls 3d, as the market will be rather overstocked when shipments on the way arrive. Fine salt moves off freely at £4 15s to ss; coarse, £4 los.