COMMERCIAL.
Globe office, Saturday. The grain market remains without any movement, Btocks being reduced to a minimum. A line of wheat was sold during the week at ss, but with this exception no business has been done. Flour is stationary at £l2 10s for bakers' lots, but the demand is not large. Feeding grains meet an excellent enquiry. Oats 5s 9d, feed barley 4s 9d to ss, peas 6s (id, and beans 7s 6d. The country is wanting rain, and unless some falls shortly, the crops must suffer considerably. Butter is much easier, sales having heen made during the week at SM to 9d. New cheese is now offering at 6d, but it is not yet fit for shipment. Hams and bacon are quoted at Is, and the supply is very bare. Business in the import market during the past week has shown a decided improvement, traders showing more disposition to buy largely, several large orders have been executed with country storekeepers and station holders. The arrivals have been—K. P. ISouverie, from London, on the 25th inst; John Nicholson and Ardour, from Mauritius, with cargoes of sugar, the latter via Dunedin. The Inverallan is fast -filling up with wool, &c, and will have quick despatch. The Elizabeth Graham is the next vessel on the berth for London. The English mail, via Suez, was delivered on Tuesday, 24th instant. The Tararua sailed with the outward English mail on 23rd, but the Government subsidised the Albion to take a supplementary mail on the 25th, giving the public ample opportunity to answer their letters received the (lay previous. Sugars—We hear of a line of 1500 pockets whites changing bauds at prices withheld. Trade parcels have been placed at full rates. According to advertisement we note the cargo of sugars ex .John Nicholson is to be submitted by public auction on the 3rd proximo; we also note the part cargo per Ardour is advertised for sale. Both these cargoes have been well assorted, and are suited for the requirements of this market. Teas continue to move off in trade parcels at full rates, several lines in boxes fetching very good prices. Hennessy's pale brandy—We have little to report in this line; a parcel could be bought for 9fi 3d to 9s 6d i.b; good second brands meet with attention at Bs. Whisky meets with fair sale. Geneva—Stocks rather heavy. A few parcels have been placed at 15s 6d to 18s (id for J.D.K.Z. Woolpacks move off fairly at 4s to Js lid. Cement—Sales have been made at 23s for best brands. Galvanised iron commands .£35 to £36. Kerosene—Only limited demand, 2s 2d to 2s 3d is the price asked to the trade.Oilmen'sstoresmeet with very good sale. Dried fruits are meeting witli more attention. We hear of figs sold at BJd to 9d per lb. We quote for good currants 4|d to sd; best, Bid; good sound Klemcs find purchasers at 6d to 6Jd- Tobacco meets with ready sale at our last quotatior. Bottled ales and stout—Several parcels have changed hands at lis 3d to 12s, according to brands.
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Bibliographic details
Globe, Volume II, Issue 152, 28 November 1874, Page 2
Word Count
514COMMERCIAL. Globe, Volume II, Issue 152, 28 November 1874, Page 2
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