COMMERCIAL.

Globe, Volume II, Issue 107, 3 October 1874, Page 2

COMMERCIAL.

Globe Office, Saturday,

The grain market remains unchanged, the supply and demand being alike limited. Wheat is scarce, but as scarcely any orders come forward, prices remain without alteration. Prime milling remains at 4s 9d without leading to business. The millers have advanced flour 1 Os per ton, and are now asking £l2 at the mills for 200 lb sacks, and £l2 10s for 100 bags. Oats are much sought for, the home consumption being very active. Several sales are reported at 5s for local use. Butter is easier, a few small lots having been placed at Is, but in a few weeks much lower prices must rule. Cheese meets a steady ;demand at Cid to 7d. Hams and bacon, for bare, and lid In cloth. In the import markets, the past week has witnessed no improvement on the preceding ones, but we sincerely hope to see an improvement this month; a considerable addition has been made to our stock by the arrival of the Merope from London on 27th Inst. Brandy has not received much attention, the prices are as last quoted. Sugars move oif steadily. In trade parcels. Stocks in best lines are getting low, and we have no doubt the two cargoes now on the way will come to a very good market—fine to finest white crystals are quoted at £37 to £3B; yellow, £33.10s to £35; yellow counters, £29 to £3O. Scarcely any business has been done in new season’s tea, the trade being fairly supplied with 1873-4 ?-owth, which has been forced off at low rates, here has been no movement in bottled ales and stout, the demand for these lines will increase as the warm weather approaches. Tobacco moves off steadily, at an advance, holders are firm in their quotations. Candles sell freely at lid, at which figure several good parcels have been placed. Kerosene commands but little attention, the sales effected have been principally in trade parcels—2s 2d to 2« 3d Is the price quoted. Hops: We note from advices to hand that English hops have advanced 26s to 30s per cwt, and are expected to advance to a much higher figure; we have not the slightest doubt that importers will do well by holding. Very little has been done in woolpacks, we hear of a few sales at 4s 2d to 4s 3d. Cornsacks have received little attention, 13s to 13s 3d is the price quoted. Cement meets with good sale, at 23s

Mr J. G. Hawkes sold yesterday thirteen halfacre sections outside the township of Ashburton, about fifty chains from the Railway station, averaging from £25 to £42 per half-acre.

Mr H. E. Alport reports having held sales by auction during the past week as under:—At the Carlton yards on Wednesday, 2 store cows brought £7 and £7 2s 6d per head; 2 ditto, £5 ; 1 ditto. £4 2s 6d: 3 fat heifers, 2 years old, £s ss: 11 head ifteers and heifers, good stores, 15 to 18 months old, £2 7s 6d. Beef of prime quality sells readily at 40s per lOOlbs; mutton, ditto, 5d per lb. On Tuesday last, at the Hereford street sale room, sold a parcel of drapery, clothing:, bools aad shoes, and furniture at fair prices. And on Thursday, at Mr Hind’s furniture warehouse. Market place, a quantity of superior furniture attracted a numerous company and good prices were realised.