COMMERCIAL.

Globe, Volume II, Issue 101, 26 September 1874, Page 2

COMMERCIAL.

' No movement of any consequence has taken place in the grain market, other than a slight stiffening in the price of oats. Horse feed is getting very scarce, and 5s is now asked for good oats. Wheat is rather easier, owing probably to the decline in Australia, and the depressed state of the English market. Quotations remain at Is 9d, but it would be difficult to quit a large parcel at this price, and it is only the paucity of supplies which sustains values at present rates. Flour remains at £ll 10s, for bakers’ parcels, but lower rates would bo willingly accepted to clear a large line. Bran is still quoted at £6 at the mills. Butter is now coming forward, and Is has been accepted for small lots; this price, however, will rapidly give way. Cheese meets a very excellent market at 7d. Hams and bacon likewise arc firm at 9Jd to lOd. "We have no improvement to record on the previous week’s transactions in the import market, business generally being dull. The wet weather experienced during the early part of the week has not at aH’improved.'the state;of the markets. Several parcels of 1873-4 tea have been disposed of at moderate rates; very.few transactions have taken place in new seasons.jjA fair average business has been done in sugar at the following quotations Finest white. £38,1.8.; yellow crystal, £33 10s to £35. There has been very little done in Henessy’s pale brandy ; the price now quoted is 10s I.B.; case dull at 30s 6d; other good brands bulk brandy realise 8s to 8s 3d. Eum moves off in small parcels at full rates. We hear of a parcel of old Scotch whisky (Islay) changing hands at Os 9d. Dunville’s case whisky is held for 18s 6d. Swaine Boord’s case old tom/iSs 9d ; bulk, 5s ; geneva commands attention at full rates. Twist tobacco meets with ready sale at Is 8d to is B.*d according to brands. Kerosene—We hear of sales effected at 3s 2d D.P. English hops—A few pockets have been placed at is 8d to Is 8,)d; holders arc iirm in their quotations, believing that the new season’s growth will be very high in price. Woolpacks meet ivith little inquiry as yet; we hear of a few bales placed at 4s 2d D.P. Cement—We have to report a very good demand for best brands, 23s to 23s 6d is the price obtained for large parcels of Knight, Bevan and Sturge’s manufacture.

Messrs H. Matson and Co report on the live stock market, &c, for the week ending September 26th;— At the sales last Wednesday the yards were barely supplied with sheep, but an ample supply of fat cattle came to hand. Our entry in cattle were 71 head for Messrs S. Garforth, P. Grant, Matey, Ladbrook, and others. We sold two prime heavy-weight bullocks, show cattle, for Mr S. Garforth, at £26 and £25 per head. These were taken by Messrs Garforth and Lee, Christchurch, and Mr J. Jackson, Papanui; twelve prime heifers for Mr P. Grant at £l2, two extra prime lightweight heifers at £l3 10s, and sundry lines at £7 5s to £8 10s per head. Twt) year olds, mixed sexes, £4 to £4 15s per head, cows £4 10s to £7 10s. Our quotations for beef remain unaltered, prime light-weight cattle being worth 40s per lOOlbs, ordinary descriptions 32s 6d to 37s 6d per lOOlbs, In sheep, only 750 came to hand, of which we sold on account of John Grigg, Esq, Lougbcach station, 650 prime light weight merino wethers, average about 481bs, at an average of ,£l 0s 7-Jd per head, the highest price that has been obtained in Canterbury for years, fully bearing out remarks made in previous reports. Although mutton realised od per lb and over on Wednesday, we do not alter our quotations to more than 4£d per lb for prime quality, and 3-*d to 4d for good. Sheepskins, hides, &c.—At our usual weekly sale, the supply to hand was small, but sales were made with ease, and prices realised were satisfactory at late rates. Hough fat, 2d per lb. bides, salted, 4d per lb.