COMMERCIAL.

Globe, Volume I, Issue 16, 18 June 1874, Page 2

COMMERCIAL.

Dunedin. —The “Daily Times’ of Jane 15th, reports—This has been a dull week in the import market, for the working first week of the month, duller than we recollect it to have been for a long time. The season is getting well advanced, and we presume upcountry stores have pretty well by this time laid in their winter supplies. With a continuance of good weather, with still open and passable roads, orders will no doubt continue without much change for a while. A repetition, however, of the old grievance—roads impassable, traffic impeded (our seasonable chronic distemper) —we are not likely altogether to escape, but have again, and still perhaps again, to endure until indeed the rails are laid, when trade supplies, independent of winter slush and on an increased ratio, will, more equally spread over the year, go forth regularly as required. Bottled ale is at last very dull, and stocks for tl.e season sufficient. Brandy, Hcnncssy’s, is still confidently held for rates which Melbourne quotations and the certain coming results of unquestioned advices—fully justify, but buyers have not yet found it their interest to accede, except for the purchase of small trade parcels. Considerable sales, however, of second brands at very full rates have been induced in consequence, In geneva we have no change to report. In whisky the influence of the present and prospective rise in brandy, which we referred to last week as then being favorably felt upon the finer descriptions, continues, and is confirmed. Sales of the favorite brands of such higher kinds have been frequent. In rum a. perceptible improvement is noted, Lemon Hart’s 10 o.p. being quoted at 4s Gd. In sugars there has been nothing doing since the Yarraville Refinery’s parcel was placed upon the market. We observe that Messrs Whitelaw and Co advertised a sale by auction at their rooms on Wednesday next of 10,469 pockets, ex Farningham, of Mauritius crystals—brown, yellow, white, and rations. In tea we remark an improved demand for the higher sorts, advices from Melbourne leading to a better tone and increase of business. Boxes of decidedly fine are discovered to be getting low. Tobacco remains without change. Candles are by the least shade less firm, and can be bought at 10-Jd. In kerosene stocks have been replenished from the cargo oi the Eureka and from Melbourne. It is reported that 2000 cases have been sold to arrive, at a price unconfirmed, but mentioned as high. In galvanised iron there is no change ; stock sufficient, well held, demand rather slow. Fencing wire continues in very limited enquiry, and very low prices are being accepted. Cornsacks are out of demand, and low prices are being taken for balances in importers’ hands. Malt, not in the least improved ; large supplies of the locally grown and produced coming forward, and rendering all but the very finest imported unsaleable. Hops, imported, still exceedingly dull, brewers holding off in the expectation of a further decline in price. In flour quotations are unaltered, a brisk trade being done in town, and shipping lively to Northern ports. Wheat is offering freely at 4s Gd. Oats are quoted at 4s 2d. Barley, dull at 4s Gd. Pollard remains in brisk demand at £6. Bran, at £5, the latter being shipped at that figure for the North.