COMMERCIAL.

Globe, Volume II, Issue 168, 19 December 1874, Page 2

COMMERCIAL.

The recent heavy rains will do a great deal of good to the crops on the light lands, but where the crops are very heavy they are in some places laid badly, and it is feared will not recover. Should the weather be favorable from now until harvest a very fair yield may be looked for, as in most districts they promise well. No business is doing for the present, stocks of wheat being quite out of merchants’ hands. Flour meets a moderate demand for local use at £l2 10s, for only a hand to mouth trade is being done. Oats find a steady market at 6s, for retail parcels, but no export business is being done. In dairy produce, butter is coming forward plentifully at 8d to Hid, and recent rains will improve the grass so much that lower prices must be looked for. Cheese is also coming in freely at 6d. Only a moderate business has been done in the Import market during the past week, the wet weather experienced interfering very much with trade. There have been several auction sales of Imported goods, but the business done lias not been extensive. At auction on Tuesday considerable stocks of choice wines, beer, &c, were offered. The amount realised at sale was about £SOO. The prices obtained were hardly satisfactory to importers. Last week the cargo of timber ex Isle of France, from Hobart Town, consisting of blue gum, shingles, and palings, was offered by publi; auction. Most of it sold at good prices, blue gum averaging 20s per 100 ft.; paling and shingles, 15s to 235. The Pleiades arrived from London on the 16th insf, with immigrants and a cargo of general merchandise. Sugars continue to move off freely at an advance on prices obtained at last auction sale. Tens meet with sale in trade parcels at full rates. Spirits meet with little attention: Hennessy’s pale brandy sells at 9s 6d, case at 29s to 30s, Martel I’s dark 9s 3d to 9s 6d. Geneva is rather slow ot sale at 14s 9d to 18s 6d for 3 to I gallon contents. Whiskey, Hum, Old Tom, meet with a fair trade sale at full market value. Ales and Stout do not call for much attention. We hear of sales In Byass’s Porter (quarts) at 9s. Tobacco meets with the usual trade sale, Is 9d is obtained for best twist In cases. Cornsacks —Sales have been made at 12s 3d to 12s Cd. Woolpacks move off freely at 3s lid to 4s 2d. Dried Fruits— Several good sales have been effected in these lines at the following rates: —currants, to 5 jd; denies, 6d to 6jd; sultanas, "d to 7}d; muscatels, lid to Is. Cement—Several sales have been made at our last quotations. Considerable business lias been done in Galvanised Iron at £34 10s to £36 10s.