COMMERCIAL.

Globe, Volume IV, Issue 318, 19 June 1875, Page 2

COMMERCIAL.

The grain market is without movement, no transactions having transpired of any consequence for some time past. Wheat is quite nominal at 3s 6d, as none is offering. Flour remains steady at £0 10s Oats are quieter at 2s 9d as orders are now being sent South, which relieves this market. Hams and bacon meet an excellent demand at for bare, and lid in cloth. Butter is meeting a lessened demand and is oil'cring freely at Is 3d. Cheese is firm at 9d. Transactions in the import markets during the past week have been very limited, most of the business done has been in small parcels. Stocks in some lines are getting low, and will be barely sullicient to carry us on until arrival of ships now overdue from London. Importers will be put to a serious inconvenience by the detention of the White Rose at Mauritius, as most of her goods were needed, and a considerable quantity sold to arrive; according to telegraphic advices we cannot look for her arrival here until end of July. The Invererne cleared for London on the 12th instant, taking a valuable cargo, consisting of wool, tallow, wheat and sundries. Spirits—Hennessy's pale brandy, in bulk • Several large sales have been effected in this line. A parcel of 20 qr-casks has been disposed of at 98; other sales have been made at 9 s 3d. Case, ratner scarce at 32s to 335. HartelFs dark brandy finds purchasers at 9s to 9s 3d. In second brands we have to report a fair amount of business transacted. We hear of a parcel of Jules Robin's changing hands at 7s to 7s 3d. Other brands have been worked off in small lots at fair rates. W. I. Rum— A small parcel of high proof has been placed at 4s 6d. In other lines of spirits the business done has been merely in small trade lots. Sugars have been dull, we have no large sales to report; quotations remain as last. There has been a fair inquiry for Teas. Several lines have been taken up at Is lOd to 1b lid i.b. Tobacco has shown a little activity, moderate parcels of twist have been sold at Is 9d to Is 91din cases; qr-tiercesrealise Is BJd to Is 9d, i.b. for best brands. We have to report little doing in bottled ales and stout, at our last quotations. fi ice's B*taaont candles are very low in. ptocJc,

traders arc buying- in small parcels, until arrival of sh'pments now due, and are paying: Hid per lb: several large sales have been made to arrive at lid. Kerosene is purchased in trade lots at 2s 2d, d.p. Good currants are worth od toftjd Several lines have been sold to arrive at these figures.

Messrs H. Matson and Co. report on the live stock market as follows:--150 cattle and about 3000 Bheepcame to hand at the sale yards on Wednesday, Biddings were extremely slack, the quality of the stock offered being inferior. With the exception of a few lines, great difficulty was experienced by salesmen in disposing of the different lots. Several lines were passed in at auction, but sold afterwards at graziers' values. The sheep to hand had evidently been removed from their pastures prematurely, aud were consequently sold at prices leaving a large margin for profit to the purchasers. In cattle, we sold 122 head for Messrs Pearson, Ferguson, Garforth, Eaton, Judge, Moor, Walsh, Koundtree, and others.at—For fat cattle, £B, £9, £lO to £ll 108 per head; stores, at from £llss to £5 2s 6d for cows, £5 7s Gd to £0 5s for steers, £2 7s Gd to £3los for yearlings, and £9 to £l2 for inileh cows. We consider really prime beef worth 3r>s per lnolbs; the trade at the present time is well supplied. In sheep, our entries comprised 1524 of all classes, and we sold all, with the [exception of one line, at—For cross-breds, 13s to 13s tid; cross-bred lambs, Js 3d to 8s Gd, and for superior, at 15s per head. Fat Merino ewes, at 5s Od to 6s 0d and 7s Od per head. We made sales for Messrs E. M. Templer, F, 11. Brittan, Murray and Wright, Trent, Tisch, Deury. We quote prime rr.iuton at 3d per lb with demand, and look forward to very high rates during September, October, and November. Sheepskins, Hides, and Tallow—At our weekly skin and hide auction a good supply came forward, and all lots changed hands at very satisfactory prices. Best butchers' cross-breds made os 9d, 6s, to 6s 3d each ; second quality, 4s 4d, 4s 7d, 5s 3d, to 5s Gd each ; best butchers' merinos in large lines, at 4s sd, 4s 7d, 4s 9d, to 5s Gd each ; second and inferior, 2s lOd, 3s Gd, to 4s each; lambskins, is 9d to 3s each; country skins at full prices; salted hides, 4-Jd per lb; green, 3Jd per lb; calfskins .it 6d per lb ; lough fat, several little lots of wool at nominal prices. Country Sales-On J? riday, 11th June, we held a special sale at Frank's Beach Arms Hotel Yards. There was a large attendance of purchasers present from all the surrounding districts, and biddings were of the most animated character, every lot being disposed of at very Ml values. We sold 197 head of cattle and 3008 sheep for Messrs W. Birdling, Charles Haylcck, James Bell, Bell and Elisor, J. Price, P. Muir, A. C. Knight, as follows ;—9O head fat cattle (for Mr W. Birdling, at from £lO, £tl 10s, £l2, £l7, £l7 10s per head, average £ll 4s 6d per head; 8 head for Mr Price, average £lO 15s per head; 21 head lor Mr P. Muir, at £6 Is per head ; 25 head for Mr C. Haylock, at £8 14s per head ; 27 head for Mr James Bell, at £7 Is per head ; 20 head for Bell and Eusor, at £6 4s per head. In sheep we sold 1690 merino ewes and wethers, mixed ages, chiefly young, late-shorn, very small, aud much travel-stained, at 4s per head, for Mr A. C. Knight; 150 prime cross-breds at 17s per head, and 268 do at 13s 6d, for Mr W. Birdling; 236 cross-breds at 12s 6d, 89 shorn lambs at Bs, 168 merinos at 7s per head, for for Mr C. Haylock; 184 cross-breds at 10s 6d, 51 superior ewes at 17s, 58 do lambs at 12s Od, for Mr P. Muir. On Tuesday, 15th, we held a clearing sale on account of Mr Franks, at West Melton. There was a good attendance, and satisfactory prices obtained for horses and farm implements. Horses sold at from £36, £4O, to £SO per head.

Melbourne.—The '* A.rgus " of the loth reports :—ln the import markets business continues depressed, and the utmost heaviness prevails. A feeling ol very considerable uneasiness exists in commercial circles in consequence of the failures occurring in Sydney, as, owing to the very close business relations now maintained between the two colonies, it is scarcely possible for some of the Melbourne firms to escape without loss, though, in the pi-esent unsatisfactory state of affairs, it is impossible to know how or where the loss is to arise. Humour has been very busy all day with the names of many Sydney firms, and it will be noticed from our Sydney telegram that Messrs Beilby and Scott have stopped payment. Transactions in the market have been of very little account indeed j and even for ordinary requirements little or no demand has been experienced. BreadstufTs are moving very slowly. Flour is quoted at £lO 15s for best brands ; moderate s-ales are making at the price, and we hear of none being ofTered under, though for ordinary brands £lO 12s Gd would be taken. At auction this forenoon, £lO 10s only was offered for the latter qualities; but the bid was not accepted. "Wheatagain presents a slightly easier aspect; buyers generally do not offer more than 4s lid for best Northern, while holders require ss. Under the hammer a small lot of 85 bags was quitted at 4s lid. The same price offered for several other parcels, however, was refused, and the whole was withdrawn for ss. Oats are going off steadily, and, owing to the scarcity of maize, very fair prices continue to be realised; 815 bags were cleared off publicly, and prices ranging from 3s 3d to 3s 6d and 3s Id to 3s B£-d were obtained. Maize is selling quietly at 5s 2d to 5s 3d. Bran is rising in value, and Bales have been made at Is 5Jd. We can hear of no sales of sugars, though the principal holders of Mauritius report a brisk inquiry, more especially for brewing sorts, for which however, they refuse to give a quotation, until the result of to-morrow's sale of Yarraville becomes known. Teas are without any special inquiry: trade sales of fine medium congous are making at Is 9d to is lOd. In kerosene little has transpired. We note, however, a firm market, Brilliant and Diamond being very firmly held at Is 4d and is 3d respectively. In liquids there is nothing to refer to of the slightest importance Only a trade inquiry is experienced for braudies, aud 8s 4-jd is realised for Heunessy's.