COMMERCIAL.
Melbourne.— The Argus, of the 10th inst., reports : — In the import markets there is a quiet though steady business doing for the supply of actual requirements. In breadstuff's a slightly easier feeling prevails. Flour was sold at auction this forenoon at LI 2 17s 6d to LI3 for country brands. Trade sales continue to be made at Ll3 to Ll3 10s. Wheat is decidedly easier ; not more than 5s 7d to 5s 8d could be got for the few small parcels offering privately. About 400 bags were cleared off by auction at 5s 6£d to 5s 7£d ; 5s 7id was also bid for another parcel of 500 bags, but refused. Oats are likewise somewhat less firm ; 500 bags were got rid of by auction at 3s 9d to 4s for seed, and 3s 6d to 3s 8d for feeding sorts. There are a few ! parcels on the market, and sales have been made privately at 3s 8d to 3s lOd, but to no great extent. Maize is improving and business is reported at 3s Id to 3s 2d, according to quantity. Teas are moving off at 13d to Is lOd for ordinary to fine congous. In oilmen's stores we hear of the quittance of an invoice of 220 packages, comprising salad oils, castor oils, sauces, &c, at a full price. Kerosene .oil is in moderate request; 1000 cases Astra brand have met with purchasers at Is S.^d. In tobaccoes, we note the quittance of 200 packages Raglan twist at a full price. Timber is rising in price, owing to home advices, which state that since the flrst of the season's contracts for deals' were entered into in the Baltic, millowuers were refusing to givo quotations. Inferior assortments were costing L 9 10s per standard, and L 7 offered for ships to Australia, had been refused. The cost of flooring will also be much higher this season, as log timber had advanced 50 per cent. In sugars, little special has transpired. We note, however, the arrival of the Sarah, from Mauritius ; j no advices have yet come to hand. In liquids, we learn of the quittance of two shipments of Tennent's ale to hand, at 13s. The agents report being advised this mail of considerable supplies as on the way. Amongst the arrivals reported we note several past due vesselsfrom Europe.'
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Bibliographic details
Grey River Argus, Volume XII, Issue 1473, 24 April 1873, Page 2
Word Count
391COMMERCIAL. Grey River Argus, Volume XII, Issue 1473, 24 April 1873, Page 2
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