COMMERCIAL.

Globe, Volume II, Issue 105, 1 October 1874, Page 2

COMMERCIAL.

♦ ENGLISH COMMERCIAL. Messrs Miles and Co. report on August 7th of the Colonial produce market : WOOL. There has scarcely been so much enquiry for wool prlyately during the last fortnight, but as stocks in the hands of dealers and manufacturers are low, and business has improved notwithstanding that the quantity for oiler will be larger than expected. We do not think it likely that prices will recede at the next sales, especially if we should have a fair amount of competition from abroad. The arrivals to date are as follows : „ , Bales. New South Wales and Queensland,.. ... 41,240 Victoria ... ... ... ••• 58,a00 South Australia ... ... ... ... 10,850 Western Australia ... ... ... i>;, Tasmania... ... ... ... ••• 7,300 New Zealand ... ... ... ••• 00,130 Cape of Good Hope ... ... ... 41,400 Total .. 230,230 WHEAT AND FLOUR. The wheat'market continues to decline, but the fall is more marked on the white descriptions than the red. Adelaide is now selling at 50s to 60s cx granary, the lincst Tasmanian or New Zealand only brings GOs, and very fair parcels are to be had for 50s to 575. Flour is dull of sale, but prices remain about the same. TALLOW AND HIDES. The tallow market has continued dull, with a limited demand for all sorts. The sales to-day were liat. and of 1,545 casks, Australian, oilered only 73(1 casks were sold, and we quote the prices of good to tine quality mutton from lUs to 41 s (id, and beef 3ss to 39s 6d per cwt. Hides are unaltered in value, and we quote good New Zealand heavy and light weights from 6Jd to 6|d per lb. NEW ZEALAND HEMP. There has been no improvement in the demand for this fibre since our last, and prices remain unaltered, with only a retail business doing, dealers buying for immediate wants only. PRESERVED TINNED MEAT. We are able to report some improvement in the demand, and several parcels have been sold to arrive at late prices. Several importers arc bolding In anticipation of higher rates, and as the importations are falling oil’ to some extent, wc look for an Improvement later in the season.