COMMERCIAL.

Globe, Volume IV, Issue 448, 20 November 1875, Page 2

COMMERCIAL.

Very little business has been done in the grain market during the week, and the demand lor all kinds of grain continues very quiet. Owing: to the gradual but steady decline in wheat in the fcngllsn market buyers are very cautious in purchasing at last quotations. We have, however, no actual alteration to report in value. There is no demand whatever for oats from outside markets, and as traders'stocks are accumulating, we expect a lurther drop to take place. Flour and potatoes continue without alteration. Butter is coming in freely, and prices, since the late rain, are steadily falling. Stoeks of old cheese are almost exhausted, and as no new make is yet fit to ship, prices continue firm. Hams and bacon remain dull of sale; Buyers' quotations :—Prime milling wheat, 4s ; do oats, 2s 3d; flour, £9 10s in sacks, £9 17s 6d in 1001 b bags, £lO 5s in 501 b bags; bran, £4 10s; sharps, £5 10s ; butter, BJd to 9d; cheese (old), 8d; hams and bacon, bare, 10 Jd; cloth Is. Business in the import markets continuesdull, and, . with the exception of usual trade sales, we have very little to report. The Himalaya and Duke of Edinburgh arrived from London on the 17th inst. both bringing full and valuable cargoes of general merchandise. At auction on Tuesday about 3000 mats of Mauritius sugars, ex Mayflower, were offered for unreserved sale, when the whole lot was knocked down at the following rates:—Finest white crystals, £33 10s to £34; white crystals, £32 to £33; white counters, £3015s to £3110s; brewers' crystals, £29 to £3O 108; yellow counters, £27 15s lo £29 os i b. The attendance of the trade was rather meagre, but the biddings were spirited. A moderate business has been done privately at an advance on the above rates. Teas have met with very good trade sale, boxes meeting with the lion's share of attention, at is lOd to 2s i.b. Trade sales have been numerous in spirits. Hennessy's bulk and case brandy meet with fair sale at 8s 6d; and 32s to 335. We understand lines of the above, ex Himalaya, have been quitted at prices a shade under the above prices. Wolfe's schnapps are meeting witli attention- several sales have been effected at 22s 6d i.b. for pts and (its. Dried fruits—Currants are low in stock until ships in port discharge, when the market will be fully Btocked. We understand several parcels to arrive have been bought up at 4|d to sid. Other lines in fruits meet with a moderate sale. Sales have been effected in Champion's 24 vinegar, at 2s 5s to 2s 6d in large lots. Tobaccos have been dull at our last quotations. Messrs H. Matson and Co report on the live stock market, for the week ending Friday, 19th November, 1875, as follows:—At Addington on Wednesday 268 head of cattle, and 2223 sheep and lambs, and 8 pigs were yarded for the week's supply. Fat cattle sold unevenly, light weights realising fully 2s 6d to 5s per 100 lbs more than prime quality heavy weights, the prize cattle sold at extremely low prices, considering their quality. Young stock sold at very high rates, in fact the same may be said of all classes of stores, the abundance of feed in the paddocks causing buyers to operate with a considerable amount of spirit, We yarded and sold 200 head for Messrs Ferguson, Duncan, Mitchell, Savage, Twigger. Williams, Henderson, Martin, Chapman. Chisuall, Dunbar, Dobbs, F. Lane, Campion, Mullina, Dickinson, Weir, Coir, Donley, and others, i'rize cattle—ll head for Mr Ferguson„at £l9, £lB 10s, £l7, £ls 10s, £l4 10s. £l3, and £l2 10s per head, other fat cattle from £7 15s, £s 10s, £9 10s and £lO per head ; fresh .'S-yr old stores £7 ins to £7128 6d per head; yearlings and is-months old cattle £3 is fid, £3 15s, to £4 10s ; empty cows, £5 5s to £6 158; milch cows, £7 15s to £lO per head. In sheep, the supply to hand being small as compared with late markets, the trade operated freely at fully Is per head advance all round, our sales were 1127 for Messrs Charles Hurst, Hevwood andßowron, I'. Grant, W. Hartnel), Metcalf, Sunderland. Barrett, F. Lane, and others-135 cross-bred shorn wethers, at lis 3d, and 110 merino do, at Bs, for Mr Charles Hurst; 130 do, at 7s 9dj 78 cross-breds at 10s 3d and 10s 6d, for Messrs Heywood and Bowron ; 85 cross-breds in wool at 14s 3d to 16s 3d for Mr I'. Grant; 67 do at 14s to 14s 6d, for Mr Hartnell ; 31 do at 14s 3d ; 70 hoggets for Mr Sunderland, at 12s 6d • 50 shorn two-tooths at 8s 6d, for Mr F. Lane ; 165 shorn two-tooths at 6s 8d to 7s 3d, for Mr Barrett, and a large entry of fat lambs at 9s 6d to lis for good ; 5s 3d to 8s 6d for ordinary ; 8 pigs at 23s per head. On Thursday a very large entry of sheepskins, hides, and tallow came to hand, the whole being disposed of at full rates, as under:— Best rross-breds, 6s 6d to 7s id ea-.-h ; scoured, 5s 6d to6s each; best merino, 6s 2d to 6s Id; spcond, 4s 9d to 58; lambskins, good. Is to is 2d ; inferior, 8d ; pelis, 2d to 4d each. Hides, salted, under 401bs, 4}d: over, Id; green, 3<fd; calfskins, 5-Jd per lb ; rough fat, 2gd per lb; rendered, 3Jd_per lb. At Tuesday's wool sale, fair rates were obtained, full particulars of which appeared in Wednesday's paper. Auckland.—The "Southern Cross " of the 13th reports:—The breadstuffs market is quiet. We have already chronicled the advance at Auckland mills to £l4 10» and £l2s 10s, but we still quote Southern flour at £l2 tor Oamaru ; £ll 10s for Dunedin; and £ll for Christchurch. Southern wheat, 5s 3d; bran, £5; pollard, £6; oatmeal, Otago, £l6; pearl barley, £24. Oats are fully stocked at 2s lOd; maize, 4s; potatoes. £4. All classes of produce are glutted. We quote bacon and hams, Is ; cheese, lldj and butter, Is. Melbourne.—The "Argus" of November 4th says:—Flour has been very much quieter to-day. Under the hammer some Western flour was sold at £l2 15s to £l3. At same time, Western wheat was disposed of at 6s 6d to 6s 6sd. Privately there has been less inquiry for both flour and wheat; but though the market is scarcely so firm, we cannot report any actual decline, £l3 7s 6d to £l3 10s being required for best brands of flour, and 6s gd to 6s 9d for fine wheat. Oats are still attracting notice, and business to a considerable extent is pending. Meantime, we report sales by auction at 3s to 3s 5M for rery common qualities. Maize is very saleable at ss, the price established yesterday ; supplies are not abundant. We note a fair trade demand for sugar. Ordinary routine sales of Mauritius are making at £33 for brewing to £35 for fine whites. Teas are also moving off for trade purposes at Is 9d to 2s. Further sales of the Alexandrine's shipment to the extent of 500 half-chests of fine qualities have been reported. Very considerable progress has been made in the disposal of the Caton's cargo, about half the shipment have now been got rid ol at very full prices. We note the quittance of a line of 50 bales of Calcutta cornsacks at Bs. About 30 bales of Dundees have also been placed at 7s fld. In liquids we hear of Martell's case brandy moving off at 275. Adelaide.—The "Register" of the Ist inst., gays : _Wheat has been sold to-day for export to Melbourne at over 58 7d per bushel, and a parcel is reported to have changed hands at r>s 8d per bushel Some 500 tons of country flour changed hands on Saturday in one line at £ll per ton on the wharf. Town brands are worth £lllos to £l2 per ton. Sydney—The " Herald" of the 30th ult reports:— Telegrams from England have caused the wheal market'to! harden, and best Adelaide is quoted at 6s 8d to*ss 9d. Flour £l2 10s to £l3, with a lighter stock than usual. Speculative shipments to England are being made by several vessels now on the berth. Kent hops of last season scarce, and held for fancy prices. Sales of Tasmanian at is 8d to Is lid.