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COMMERCIAL.

Melbourne.— The "Argus" of the 18th ' inst. reports :— In the import market business is again quiet, and not much of a special character has been reported. Breadstuffa, though firm, evince no activity. Flour in bakers' lots is in very moderate request at Ll3 15s, bags returned. For parcels Ll3 15s is asked, but ihe demand for such lines has not opened for the past week yet. Wheat is moving off in such small parcels as areoifering at 6s 4£d, sales at this quotation having been effected. Oats are still withous anything of importance to refer to. There is no business doing : quotations for fair feeding sorts rule at 4a lid to ss. Maize is quitted at 4s lOd for small lots, but parcels are not inquired for, pending the arrival of shipments close at hand, most buyers preferring to wait till the market^ settles before operating. Hops are still in favor, and we note sales of Tasmanian, in trade parcels, at up to Is sd. Woolpacks are inquired for ; we hear of a line of 50 bales having changed hands at 3s 4d. New teas are selling in fair parcels for trade purposes ; business is likewise pending in tobaccoes. Sugars are_disDosed_of-^o»- «"><•»«! T^i* 1 " 3;---mentsyfine yellow counters and brewers crystals, nearly white, have realised from L3l to L 35 10s ; 670 bags were cleared off publicly at L 29 10s to L 32 10s. Several arrivals are reported since Saturday. The E. J. Spence brings threeqnarters of a cargo ; the St. Kilda, just announced, has only half a cargo ; and the St. Marc has come in ballast. The St. Kilda brings the latest dates from Mauritius, but her advices are not yet to hand. The E. J. Spence letters have been received to 4th July, though the circulars which have come forward reech only to 25th June. '. From a private communication to the first-named period, we learn that the weather had set in very wet and unfavorable to planters, the canes yielding very badly, and some estates that had begun to manipulate had been forced to stop crushing. It was not expected that the first cargo would be ready for shipment hence before about the middle of August; prices were not likely to be lower, the market being quite bare of brewers' yellow crystals and rations. No further shipments of sugar need be expected for six weeks, unless some odds and cuds remaining on hand might be despatched. The St Kilda, which has come from the Cape (via Mauritius, as stated), brings the first direct consignment of new Cape fruits. Candles are depressed, and we understand that Messrs Kitchen have been compelled to lower their price for colonial, their petrolines having been sold at 10£ d, and their star -brand at 9d. Brandies are quiet, but we observe that a considerable parcel of Bisquit Dubouche's will be offered to morrow. ;

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GRA18740825.2.4

Bibliographic details

Grey River Argus, Volume XV, Issue 1888, 25 August 1874, Page 2

Word Count
480

COMMERCIAL. Grey River Argus, Volume XV, Issue 1888, 25 August 1874, Page 2

COMMERCIAL. Grey River Argus, Volume XV, Issue 1888, 25 August 1874, Page 2

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