COMMERCIAL.

Globe, Volume II, Issue 137, 7 November 1874, Page 2

COMMERCIAL.

Globe office, Saturday. The bareness of stocks in tlie grain market prevents business being’ done in anything but retail parcels. Small lines of wheat come straggling into the market and realise t is. Flour has an improving tendency, although no actual alteration in quotations is noticeable. Oats are retdliug at tis, as stocks appear quite exhausted, Butter is now offering more freely, to-day’s quotatio >» being »d, and at this price buyers do not cure to lay in stocks. Cheese is scarce, and only retail p navis are changing hands. No alteration is noticeable in hams and bacon. Melbourne. —The “Argus” of the 24th ult. reports;—ln the import xnaikets general business is exceedingly quiet, and were it not for the one or two specialities which occasionally come into more prominent notice, trade would almost appear to he at a standstill. In hreadstulfs, Hour presents a steadier aspect. Bakers lots are moving off at £li 7s 6d to £l3 10s, bags returned, and a very fair demand is experienced. Parcels are offering at £l3, and sales of good brands can he made at the price. Wheat is very Ihm at Gs Id to 6s‘2d, and mi lur’s parcels are moving otf n the rates named. Oats are lirm at late quotations of as ad to as 6d for good feeding, but supplies are so very insignificant, no sales are allowed to transpire. Maize is quiet. The trade having got their wants temporarily tilled up are not inclined to operate at present at the ad vance demanded. The receipt of tibgrams regarding kerosene oil lias led to a movement which has resulted in fully 10,00 a case. Oevoe’s changing hands on private terms; 0 <OO of these arc, to land out of the S. D. Carleton jn-t, arrived Dried fruits are in good request; we non sales of currants at s|d. Muscatel raisins have al-.-been q lilted at Is Id. There is a good businesi doing in teas. Of the Somerset’s shipment of new congous about 1 >Oo packages have been sold privately at Is 5d to 2s. A few hundred packages, c.n Korson, have also been quitttd at is 3d to isloj-d. Under the hammer another portion of the Somerset's shipment was submitted to competition, but the biddings not proving satisfactory, the whoh was withdrawn ; subsequently, however. 76s pack ages of this shipment were placed. Low boheas and congous were also di-posed of at Hop., still meet with favor; a parcel of 25 pockets Tas manian 1874’s lias been placed at Is sd. Sales o quarters sardines have been made at np io Gs. ( tai cutta cornsacks are beginning to he nnpdred for : we are, however, without sales to report as yet. Tobaccoes are improving in value, We learn t.... Cameron’s agents have raised their asking rate to fiat work to is (>d. Their price lor twist has al been advanced. A nneiingof the ci editors ol M Moton Moss,- the well-known trader, was held tin. afternoon. A statement prepared by Mr Haro; gelwyn Smith was submitted, showing total liabiil-

ties umounthig to .£31.081 13s 4cl, and assets estimat'd Sir £15.813 1 Vs llil, tile deficiency thus being £15,288 ISs r.«l. From this report it appears thin Mr lios-j 11:i<I lo t hv the recent failures at Tasminia the toll auioint of the delieiencv referred 10. ' e ides whi Mi hi- lossi s iii t ■ a ling over a perio 1 oi ■everal year.- luxe exceeded £72.-»-trt. Mr Mosotl'eri (1 io pay a eompo iiimi or '■s in the pomrl. It wa-moved bv Air HiLli , of Bright Br-eiics and .’o. mu! second'd "V Mr Joshua, of Joshua Brother-. a id eeiierallv acceded to, lliab 'he otter 1 e aecep'cd. subject to a report by an investigating eonmritiee, consisting of Messrs Fraser, llalfonr, Holmes, and Mar hall. Aus-is Hasliugs, t’unnin rhain. and Co held I heir second wool sale' of the sea-on at their warehouse-* lids afternoon, which attracted a large aitendance ~f boxers and others interested in the trade The sale may be looked upon as one of tbe most sneceSsfid ever he'd line, every line in the catalogue except one having found purchasers at very satisfactory prices. The competition tor ligbt-con-ditioned greasy was iiniiMially keen and three clips from Riverina, in magnificent condi’ion. realised the extreme figures of l-.|l, Isjii, 1 jjd per in respeetivelv. Fleece wool was ill oin demand, and as high as 2s-Id per lb xxms obtained for a clip from the wes'ern di trim of Victoria, belonging to Mr Colin Campbell, ol Bnattgor. Quotations of the prices obtaine I at the sale iire—Greasy, Irom iJd to J.qjd: fleece, from 22d to 28d per lb. AI ELAIDE:—The foilowing telegrams appear in the “Argus;”—October 17. flic exports of breadstuffs this year ammii't to t 'sd.ono tons Wheal is firm at 5s -id. Oc ober 2n, Wheat, is firm at 3s fid; flour, £l2 to £l3. October 21. Wheat is firm a: as 4d; flour steady at £ll 5s to £l2 10.-. Oetolier 22 Sellers of wheat are asking as (id. October 23. Breadstufls are Arm, with liitle otiering.