COMMERCIAL.

Globe, Volume IX, Issue 1360, 24 June 1878, Page 2

COMMERCIAL.

The Customs’ duties collected here on Friday, 21st June, amounted to £322 18s 9d. The items wore —Wines, £3S 2s 3d; spirits, £176 4s ; bottled beer, £2 7s 6d ; tobacco, £93 5s ; ad valorem, £l3. AUSTEALIAN MAEKETS, Sydney.—The “Sydney Trade Eeview” reports on June 7th, 1878 ;—Breadstuffs generally continue to decline. Victorian flour is being largely used, the former prejudice against it disappearing both in this market and Queensland, and as it can be laid down at considerably less price than Adelaide sorts, we can but predict lower rates must rule for the latter. Consumers only buy from hand to mouth, aud tho ma kot bears every appearance of a further drop, but will to a great extent be ruled by prices in London. Imports have been as follows Wheat, Adelaide, 16,136 bushels ; Victorian, 19,600 bushels ; New Zealand, 43,108 bushels. Flour—Adelaide, 2027 tons ; Victorian, 838 tons. The following vessels are en route from or loading at Adelaide with wheat and flour: —Sailed for Sydney, Adcla, s.s., 377 tons flour, 5800 bushels wheat; Madeleine, 26 tons flour, and fill up with wheat at Port Macdonald. Loading for Sydney, Neremiah Gibson, Niagara. Maize—Values have fluctuated somewhat, but the had weather prevailing has caused supplies to be reduced, as the coasting steamers have not been able to put in an appearance, aud 4s is now obtained for what is on the spot; future arrivals will however soon reduce the price. Adelaide. — The “Observer” of June Bth reports The market has been exceedingly dull throughout the week. There is little or no demand for export. The market closes dull at from 5s sdto 5s 6d at Port Adelaide for shipping parcels f.o.b. Port millers are scarce of wheat, and are offering the same price delivered at their mills. We hear that the Mary Blundell has been chartered to load for the United Kingdom from Port Pirie at 25s per ton, and believe that this same vessel was offered 50s last D. cemher and January to load at Port Adelaide and refused. There has been a splendid rainfall, which appears to have been general. Town flour has been sold at £l2 17s 6d, and country at £ll 15s. Bran remains dull at ls4dtolssd. Pollard is worth Is 5d to Is 6d. Very little is doing in New Zealand oats, which we quote at 4s lOd. The exports for the week ending June Ist were—Wheat, 3000 tons; flour, 1143 tons ; making a total export for the year up to that date of wheat, 61,350 tons ; flour, 32,203 tons. Melbourne. —The “Argus” of June 12th reports : —Breadstuffs are quiet, and there is not much to report, but prices are well supported, notwithstanding tho evident indisposition on the part of millers and others to operate in the market. Flour was sold publicly at £ll 7s 6d to £ll 10s, and sales are making privately at £ll 5s to £ll 10s. Wheat has not been much dealt in, and the feeling apparently is not so strong, hut holders are making a stand for 5s sd, and indeed this price was offered for a line of 500 bags of fine sample, but refused. At auction, likewise, the highest offer for fine wheat was 5s 4|d, though faulty sorts were sold at 5s to 5s 2d iu one instance, while in another case 500 bags were cleared off at 5s 2d to 5s Id, the latter being accepted for very good wheat. Oats are scarce, and wanted, and extreme rates continue to bo realised. Sales of milling have been made at 5s 3d, this figure being very freely offered now, aud there is, moreover, every probability that prices will go higher. Feeding qualities, good, have been sold at 4s lOd to ss. Maize is moving off at 4s 6d to 4s 7d, at which a fair trade demand is experienced. A line of 500 bags of good malting barley has placed at 6s Gd, while at auction 600 bags were quitted at 6s 8d to 6s lOd. Sugars are iu moderate request privately. We note sales of medium yellows at £3l, and a parcel of flue rations was disposed of at £26 10s. The auction sale of sugars did not run off smoothly at all this forenoon ; only a few lines were quitted. Whitish counters wore sold at £34 to £3l ss, good yellows at £32 10s, browns at £2B, aud low browns at £26, while rations brought £25. At same time, 1000 mats yellow Javas were placed, all faults, at £25 ss. Teas are quiet, and we are without any* special business to refer to. A shipment of corrugated iron. Orb brand, Oft, has been placed at a very full price. The timber sales this forenoon were confined to the disposal of hardwood and palings. The cargo of Oregon square timber by the Colusa was offered, and the state of the market may bo gathered from the fact that the best bid for the pick of tho cargo was a long way below cost aud freight. There was nothing done in consequence. The wrecked ship Loch Ard, together with her cargo, ashore or otherwise, was offered publicly today. There was a lirge attendance, and the biddings were sxnrited; £2120 not cash was realised. COMMEECIAL TELEGEAMS. Wellington, June 23. A considerable quantity of land, cut up into acre aud half acre blocks, and situated near the Government township of Carnarvon, iu the Mauawatu district, was sold by auction to-day, Tho lots ranged from £lO up to £2O. The corner sections in each case averaging 30 or 40 per cent, more than the ordinary allotments. The attendance was meagre, hut the biddings brisk, the purchasers being mostly Wellington residents.