COMMERCIAL,

Grey River Argus, Volume XII, Issue 1441, 14 March 1873, Page 2

COMMERCIAL.

Melbourne. -The Argus, of the 6th, reports : — In breadstuff's there is no improvement whatever to refer to ; flour moves off iv trade parcels at Ll2 15s to LI 3, and a fair demand is maintained. Maize is slow at 3s to .S3 Id. Sugars begin to attract much more attention, as stocks iv tbe hands of the trade are becoming much reduced, and though comparatively little has been done, the injuries experienced have been of a moat marked character, and in many instances, owing to the stiffness of importers, and their determination to stand out for still higher rates, the trade has been compelled to make up their requirements from second hand. A few parcels of yellows have been disposed of at L 36 and L 36 15s. In Dundee goods there is little to I report. At present, cornpacks appear somewhat unsettled ; holders asked 14s 3d to 14s 6d. No actual transactions are, . however, : reported. The trade do not care to operate, j and speculative buyers do not make any fresh move. Sales of Hennessy's case brandy are making at 265 ; we also learn of parcels being sold to arrive.

Chrtstchur-'H.— The Lyttelton Times, of Saturday last, reports : — The grain market continues without any material alteration, quotations being about stationary. Large sales of wheat have been made during the week at 4s for ordinary samples, and 4s Id to 4s 3d for superior lines of Tuscan ; but buyers are not over anxious to operate, while, on the contrary, several large f armera are making arrangements to ship to England, rather than accept present quotations. Flour continues at HI, and is in good supply. Oats are now coming more freely, and 2s is being readily paid for good bright samples. Barley continues very scarce, at 6s 6<l to 6s 9d for malting purposes. A eood export demand also exists at the above quotations. . Rye grass seed is in great demand, sales being reported up to 7s. Butter meets an excellent market, at 7£d to Bd, Cheese is also in great request, at 6f dto 7i ; stocks rather ba> c. Hams and bacon remain stationary, at 9cl to 9£d. Fat sheep are now coming forward in excessive supply, and all which are really prime command full rates. Our quotation for mutton is an average of 2d, with a halfpenny over for first-class quality. Cattle are beisg brought forward in large numbers, and good well- bred Btores meet with attention al full rates. The low price of fat cattle at the Coast prevents prices rising here beyond a certain limit, viz., 20a per 1001 b, which is our quotation for this -week.