COMMERCIAL.
Globe Office, Saturday. . The grain market has been in a state of stagnation during the whole of the week, owing to the rough and boisterous weather. Flour remains stationery at £il 10s per ton in bakers' parcels for 2001bs sacks, and £l2 in 1001 bs bags. No sales are noted in wheat, and in the absence of transactions, quotations stand the same as last week, at 4s 6d in Christchurch. The weak state of the English market and the decline in Adelaide, Melbourne, and Sydney markets, will no doubt keep values depressed here. Oats are scarce, and farmers are wanting to buy feed and seed, so that we do not look follower rates. Prime samples are steady at 4s 3d. Barley is quite neglected and no sales are reported. Hams and bacon meet a steady demand at B£d for bare and 9d in cloth. Butter is quoted at Is Id per lb. Cheese also is firm at 6d to 6J-d. Potatoes are in good request at £3 15s. Business in the import markets has been dull during the past month, owing in a great measure to the severe weather experienced. Only few sales of note have taken place ; most of the business done has been confined to trade parcels. Stocks in some lines are getting heavy, particularly bottled ales and stouts. The Eastern Monarch arrived from London on 21st instant, and Peeress on the 23rd instant, both '.bringing full cargoes of general merchandise. Brandies command good sale at our last quotations. Several small parcels geneva have been sold at 15s 3d to 19s. Dunville's case whisky realises 18s. A parcel West India rum 10 o.p. has been placed at 4s 3d i.b. Scarcely any business has been done in bottled ale and stou*; ; the market is considerably overstocked. We have only the usual trade sales in sugars to report; prices remain firm at our last quotations. Teas move off in small parcels at fair rates. Price's Belmont candles command ready sale at lid to 11 id. Kerosene meets with steady sale at 2s 3d to 2s 4d, d.p. There is very little enquiry for salt ; we quote £4 5s to £4 10s. Hops—A few pockets have changed hands at moderate prices ; importers find it a hard matter to force sales. Tobaccos—A fair business has been done in best twist at Is 8d to is Bid,|i.b. Blue countess slates, 20 x 10, are dull of sale at £l2 ss. Galvanised Iron—We hear of no sales during Ihe week ; importers ask £36 for 6,7, and Bft lengths, 9 ft is quoted at £37. Cement commands very good sale at 23a.
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Bibliographic details
Globe, Volume I, Issue 48, 25 July 1874, Page 2
Word Count
439COMMERCIAL. Globe, Volume I, Issue 48, 25 July 1874, Page 2
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