COMMERCIAL.

Globe, Volume IV, Issue 355, 2 August 1875, Page 2

COMMERCIAL.

At Mr Charles Clark’s sale of lan 1 at the township of Leeston, on Thursday, 21 th July, there was a very good attendance, and the bn. dings were exceedingly brisk. Front sections, containing half an acre each, realising from £3O up to £57, and back allotments from £22 to £27. Altogether, an average price per acre was obtained of £65. Jn*om the number of enquiries since made it has been decided that the remainder of the sections shall be offered at auction, at Leeston, on August 27th. Melbourne. —The “ Argus” of the 23rd ult reports;—ln the import market business continues to wear an exceedingly quiet aspect, and little disposition is evinced to entertain any transactions of an important nature. Breadstutls maintain firmness, as is evidenced by the sales effected. Under the hammer some 1500 bushels llunnymede wheat were cleared olf this forenoon at 5s 5d and 5s Privately, also, Northern wheat was disposed of at 5s sd. and a parcel of Western was placed at 5s 4d. A private telegram from London, dated 20th July, has been received in the city, which quotes Adelaide wheat in cargo to a port for orders atsls and to a direct port at 50s per quarter. The weather was improving, and prices might recede. Oats are in better request, and values may certainly improve if supplies of Tasmanian coast keep on a more moderate scale. Good feeding are enquired lor. A parcel of Tasmanian was placed at 3s Bd, and at auction 3s BJd was realised for New Zealand. Maize is very dull at 4s 6d; there is little enquiry, and no parcels can be got rid of. Sugar is moving off steadily but quietly, A few hundred bags Mauritius crystals have been quitted at £33 to £35, according to quality. A line of 1200 bags yellow counters has also been taken up on private terms. 3000 bags and pockets damaged Queensland will be offered publicly to-morrow forenoon. The damaged portions of several Mauritius cargoes will also be sold. New season’s teas still command favour. Of the Namoa brand some 1300 half-chests have been disposed of at from Is 7d to 2s ; and about 200 half-chests Mandarin teas were placed at up to 2s 2d. Woolpacks are still being noticed; a line of 100 bales have changed hands at 3s, There is now some prospect of the market rallying, as telegrams from Scotland report that the manufactories are giving up work owing to the unreraunerative nature of the foreign markets. Some 2500 boxes damaged candles will be sold to-morrow. In liquids, sales of Martell’s case brandy are reported at 275. Adelaide. —The “ Observer,” of the 17th nit, reports.:—The market during the early part of the week was very stiff, and some large transactions were reported. The sale of 80,000 bushels for the Koyal George, for England, was effected at 4s 3d per bushel, to load at Poits Pirie and Broughton; and after that a cargo for the City of Ningpo-say 50,000 to 55,000 bushels—was sold at 4s 3Jd per bushel, this high price being obtained on account of the first-class character of the ship and the low rate of freight, she having been chartered at 44s per ton. Since then the market dropped, supplies at Port Adelaide being heavier, and freights more difficult to obtain. Sales were made at 4s 2d, 4s Id, and 4s Old respectively ; but during the last day values have hardened slightly, and ,4s 2d is reported to have been procured to-day. We quote present prices as ranging from 4s Id to 4s 2d per bushel at Port Adelaide. Country flour was freely sold at the earlier part of the week at £8 17s 6d, £9, £9 2s (id, and £9 5s per ton; but with the fall in wheat prices have declined, and we quote values now at £9 per ton. For town brands the quotation is £lo 5s per ton. Bran lias been sold at lOJdto Hid, and pollard is inactive at lid to Is per bushel. In oats and barley little has been done, and quotations remain unaltered at 4s 6d to 5s for New Zealand oats, and 3s lor Cape, and 5s to 5s Cd for English barley. Cape oats arc out of season. The exports for the week ending July lOth reached 3200 tons, making a total exportation for ’the Reason ol 108,000 tons. The following telegrams appear in the “Argus July 2oth— The wheat market is unsettled by the English nows. A sale of 10,000 bushels has been made at 4s 3d. July 21st—Wheat has been sold at 4s 5d to 4s Od, and holders are firm. Country flour has been quitted at £9 10s. July 23nd-Wheat is firm at 5s lid, but slightly easier. July 23rd—Wheat is offering at 4s sd. ENGLISH COMMEKCIAL. WOOL. Messrs Dalgcty, Ducroz and Co. report on June llth:— , , „ We advised you on the 13th ult that there were available for the second series of wool sales 279,400 bales, and that there had been catalogued 68,000 bales; tills quantity has now been increased to 230,000, and the series will terminate on the 17th inst. The progress of the sales has been characterised by continued firmness and animation. In Victorian the finest clips have experienced undiminished competition, while medium qualities, especially well-bred combing, both washed and greasy, show an improvement on the average of last sales. For lambswool an improved demand is also manifested; and cross-bred, especially where regular, maintains the increased favor we referred to last month. New South Wales and Queensland wools of fine hair have been, and are, in good demand ; and nice clean parcels have met eager compction ; but seeds and moits depreciate this class more perhaps than any other, and every endeavor should be made to avoid them. Tasmanian—About 5000 bales have been offered, some well-known marks were in beautiful condition, and sold at high figures, 2s 6d to 2s lldj lower qualities were in certain instances wasUy, and

would probably have been more satisfactory to all parties if they had been shipped in the grease. South Australian-Greasy parcels have during past few days barely sustained the good prices realised in March and at commencement of this series; but no decided decline is evident, while scoured lots have sold very well. West Australian —The bulk of the clip has realised an advance upon last year; the prices obtained offer every encouragement to flock owners to give increased attention to breeding, and totlieimproA'emouts which have become general throughout the larger pastoral colonies.