COMMERCIAL.

Manawatu Times, Volume III, Issue 35, 9 February 1878, Page 2

COMMERCIAL.

. Welltnqton, Friday. ' George Thomas reports wholesale produce prices as follows :— Flour, New Zealand, £13 to £14 ; Do., Adelaide, £18 10s ; oats, 4s 3d ; bran, Is 2d j wheat,, chick, 4s to 4s 6d; hams, 9£d'; bacon, 8d ; cheese, 7d to 8d ; potatoes, £6 j . pollard, 6s to 6s lOd ; maize, ss. MabtON, January 6. Messrs Beckett & Hammond report wholesale produce price as under :— Oats, 5s to- 5s 6d ; Wheat, second quality, ss ; barley, 5s 6d ; flouv, £17; j chaff; £5 j potatoes (neve), £6. There are at present no new oats m the market. Grass seeds and clovers are scarce and much^sdught after. London Wool Market (New Zealand Loan and Mercantile Company's Circular for Mail December 13). As the present sales are arranged to close on the 14th inst., we- are able by this opportunity practically, to review the entire series. The course of the market on the whole can hardly.be otherwise described than as a disappointment both to buyers and sellers. With few exceptions the large proportion of wool held over from the preceding sales lias made but little,' if any, advance m value, while as regards special classes the result has been distinctly the- reverse. The continued duration of hostilities m the east of Europe and the prolongation of the French crisis have gone far to account for this issue, the latter circumstance especially influencing adversely tho extent and character of the Continental, demand. The expectation of an enhancement m quotations seems to hare so far prevailed as to induce speculative purchases earlier m the season on a more or less important scale, and the revelation of the existence of a considerable stock of raw material m other than first hands has tended very much to deepen the depression- due primarily to other causes. , The total quantity catalogued to date is as follows :— New South Wales and Queensland, 33,000 bales ; Victoria, 36,032 ; South Australia, 9,109 ; Western Australia, 665 j Tasmania, 2,588 ; New Zealand, 20,971 } Capo of Good Hope, 41,715. Total, 144,081 bales, of which about 17,000 bales have been ; withdrawn.