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COMMERCIAL.

Business daring the post week has been of a quiet nature, and calls for no particular remark. Bales have been mostly on a small ■ scale, and confined to actual requirements. Doubtless when harvest operations are over more activity ■will be noticed. Stocks of sugars have been augmented by the cargo of the Penninejust to hand. Quotations still rule low. but. if anything, are a trifle firmer. Finest white crystal low commands 10s; yellows and browns continue very scarce, and fetch extreme rates Peas have been q iet; stocks, especially of the lower sorts, are excessive. The bettor qualities are more within requirements, and find buyers at up to 2s Id. Tobaccos continue firm ; the best twist is readily saleable at Is 4d ; nail rod and fancy sorts are in short snpply, andjotch good figures. Wines have not had mucr business ; port has had small sales at fid for medium qualities ; sherry is neglected l , champagne of first-class quality has baen_ freely quitted at good rates; Krug’s and inferior sorts ara in excessive supply, and only quitted at nominal rates. Scotch whisky tmq had irquiry for fine brands, stocks of which are limited, sales are noted up to Ds 6d. Danville’s Irish in case has been quitted at 17s for shipments. Brandy is offered at low rates for medium qualities; the finer o’.d brands find buyers at 12s 6d. Geneva and old tom have usual small trade sales. Bottled ale has had fei ) sales at 12a. Cornsaoks have had good sales,and are now a trifle easier; quotations parcels continue at 9s 3d to 9a 6d, according ieeize. It is feared the quantity required this season will be less than anticipated, owing to the loss of grain experienced from the late north-west winds. Large shipments of salt, both to hand and afloat, have tended to lower previous quotations, and several sales are noted at reduced rates. Yery little has been doing in dried fraits ; the high rates required for eleme and sultana raisins deter buyers from operating, except for actual requirements. Currants have •mail sales at s£d. Money continues easy at low rates. The 4th passed off without much assistance. Engagements continue to be well met, and trade, though small, may be considered &a in a sound state. COEN EXCHANGE. Eoport for the week ending Friday evening, fba 10th instant : There is little or no comment to make on the state of business in the grain trade daring the past week, inasmuch as business in the new grain has not yet fairly opened. Farmers are fully occupied at present harvesting the grain. The weather on the whole is favorable, and great progress baa been made. Wheat.—A few samples of the new crop have been on offer, and sales have been effected at from 4s to 4s 31 delivered at Christchurch, and f,o b. Fine quality Tusoan would command a still higher figure. Second quality old wheat, 3s 5d to 3s 8d per bushel; chick wheat, 2s 6d to Ssper bushel. Oats.—No samples of the new crop are yet i#’-.and. Holders cf old oats are asking 2s 2d for good short milling. The firm tone observable last week is still maintained. Barley—The few samples that have been exhibited do not show much quality. No prices are yet fixed. Grass Seed.—Bye grass s" mples are not coming to hand so plentifully as was expected, but this is accounted for by the farmers being too busy getting in their other crops. Well cleaned farmers’ parcels are saleable at from 3s fid to 4s per bushel ; badly dressed according to sample. Cocksfoot growers are disinclined to part at under 4d to3Jd. Well cleaned seed is saleable at the latter quotations. Cheese and Butter. —The former 4d to 41d; the latter 7d per lb.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GLOBE18820211.2.4

Bibliographic details

Globe, Volume XXIV, Issue 2450, 11 February 1882, Page 2

Word Count
628

COMMERCIAL. Globe, Volume XXIV, Issue 2450, 11 February 1882, Page 2

COMMERCIAL. Globe, Volume XXIV, Issue 2450, 11 February 1882, Page 2

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