COMMERCIAL.

Globe, Volume XXIV, Issue 2438, 28 January 1882, Page 2

COMMERCIAL.

Two days of wet weather followed by two days devoted to the international cricket match, bare together limited business daring the week to a very brief period, during which there have not been any operations worthy of notice, -the principal sales having been only for the purpose of reducing stacks on account of heavy shipments duo. The arrival of the Pennine at Dunedin from Mauritius with part cargo of sugar for this port, together with advice of considerable shipments to follow, have caused our markets to be much easier, and the advance formerly obtained may for the present be said to be lost, as fins to white crystals are now obtamablo at J!32. Yellows and brown still continue scarce and dear, but shipments to hand will doubtless tend to easier prices. Tobaccoes have not aeon much business, but continue firm, as stocks are not large end thipmeuta limited ; quotations outride rule higher than with ns. Twist of best quality fetches is 4d ; other sorts have little enquiry. Teas, on account of heavy stocks, rule low, and sales are only effected in lots at a small margin to importers. Stocks are in favor of holders, but rather too heavy to bo a benefit. Woolpacks are neglected and low in stock, the season being over; they are now easy at 3s 3d. Comsacks have more attention, and are firm at 9s 6d. Seaming twine is freely quitted at 13Jd. There is little to report in wines, which continue dull. Champagnes are only worked off at low rates for inferior qualities ; the bettor sorts are in short supply, and at improved values. Port has little enquiry for fine qualities, which are scarce. Sherries are unnoticed. Brandy baa had more attention, but the high cost of leading brands leaves but little margin to importers, and sales effected ore in favor of buyers. Whiskey has had but little notice. Geneva and Old Tom meet with usual limited sales. Salt is being forced off at low rates, shipments afloat being excessive. Soda crystals are in heavy stock, and fail to find buyers even at very low rates. Candles continue law, and cannot command over 9Jd for best brands. Matches, on account of competition between leading shippers, now rule_ very low, and in spite of a heavy duty are obtainable at a lower rate than formerly. Bryant and May’s safeties have good sales, and are in short supply. Dried fruits, now the season ie over, are unnoticed. Galvanised iron is firmly held for an advance, stocks not being in excess of requirements ; quotations will probably rule higher, as it is expected a considerable quantity will be required for the International Exhibition. Wire has little notice except for binding, which has teen quitted at low rates. Money continues easy and abundant. Engagements are fairly met, and great caution ie still exercised by buyers in not securing more than sufficient for immediate wants, althongh several articles rule so low as greatly to tempt a deal of speculation.