COMMERCIAL.

Globe, Volume I, Issue 89, 12 September 1874, Page 2

COMMERCIAL.

“Globe” Office, Saturday. The grain market continues without alteration, and very little business Is doing. Stocks of wheat are light, but as no orders come forward, prices are not affected. Flour moves off in bakers’ parcels at £lllos per ton for 200 lbs sacks, and £l2 for lOOlbs bags. Oats are in very fair request, prime milling being very saleable at 4s 6d. Stocks are light, but as very little export trade is doing, no scarcity is noticeable. Butter is quite out of stock, hut the recent refreshing rains have brought on the grass nicely, and ere long supplies will become plentiful. Cheese meets a very fair demand at &id, stocks, however, are fully ample for requirements. Potatoes are exceptionally scarce, and it is quite Impossible to execute orders. Hams and bacon meet a very fair enquiry at 9jd bare, and lOd in cloth. Business In the import market during the past week has been fairly brisk; we hear of several large lines changing hands at fair rates. The Taunton arrived from London on the 6th instant, bringing a full cargo of general merchandise, &c. Spirits—Very little has been done in these lines. Hennessey’s pale brandy is quoted at 10s 3d, Martell’s dark at 10s to IDs 3d ; other good brands command 8s to 8s 6d. Case brandy is hard to move; small sales In Hennessey’s have been made at 30s 6d to 31s; Other brands are neglected. Sugars—A very parcels of 1873-4 have been sold at a bare margin of profit, importers preferring to force off last season’s growth before the bulk of the new season's arrive. Very little has been done in new teas, holders hanging back until arrival of the direct shipments, which are expected shortly. Ales and stouts meet with little attention; only small sales to raport. Tobacco meets with ready sale: best twists have changed hands at is BJd to Is 9d 1.8. ; flat tobaccoes meet with the usual steady sale. Price’s Belmont candles sell freely at lid. Kerosene moves off in trade parcels at 2s 4d d.p. Cement commands 23s readily. Galvanised iron (best brands) is dull of sale ; £35 10s to £36 is the price now asked. English hops—We hear of several shipments changing hands at Is 75d to Is B^d; holders now ask Is 9d to clear lines. Fencing wire—Sales have been effected at full rates. Standard iron meets with fair sale at £l7 15s to £lB. Salt is dull of sale, £4 5s to £4 10s are the prices asked.

Messrs H. Matson and Co report on the live stock market as follows:—At the yards on Wednesday 138 head of cattle and about 2076 sheep came to hand. There were no fat cattle yarded; a few head of fresh-conditioned steers \yere taken by the trade. The bulk of the stock to hand comprised fair stores and calves. Our sales were—3B head for various owners, at full rates. Quotations—Prime beef, 30s to 328 6d per 100 lbs; ordinary quality, 25s to 27s 6d per 100 lbs. With bare supplies and large demand. We anticipate a considerable rise for this description of stock, and should not be surprised to see -Ws per 100 lbs realised for a few prime pens of lightweights before Christmas. In sheep a large supply came to hand, consisting of fair to ordinary merino wethers and fair to ordinary cross-breds, with the exception of two lines of prime quality of the latter class. There was a drop all round of fully Is per head, but of course this must not be looked upon as a permanent fall in values, as the supplies to come forward are anything but large, and this fact, combined with the approach of shearing, rise in wool, and the impossibility of fattening quickly at this season, must tend to keep the mutton trade in a healthy state, and the fall experienced last market day can only he looked upon as a fall in values for the day, which must happen in all fluctuating markets. Our sales were—3l3 merino wethers, fair mutton, for Mr Cathcart Wason, Corwar, Kakaia, at 14s, 14s 3d, and 14s 6d per head ; 140 cross-breds, fair mutton, for Messrs Heywood and Boyson, at 17s 6d, 17s 9d, and 18s ; and 70 merinos frit same gentlemen, at 15s per head; 56 largo framed cross-breds, ordinary quality, at 19s 3d;and 45 small do, at 13s 6d, for Mr E. Curry, Selwyn ; 46 prime cross-breds, at 19s 3d, and 58 cuils (merinos), at 6s, for Mr E’atinett. Sheepskins, bides, tallow— A fair supply came to hand, and prices for sheepsklns were satisfactory. Hides and tallow unsold.