COMMERCIAL.
Melbourne.— The Argus, of the 31st ult., reports: — In the import markets to-day no indication of any desire to do business was noticeable, and even for trade purposes only a very moderate inquiry was experienced throughout. Breadstuff's show no change, though the holidays might well have been the cause of giving an easier tone to the market. Hour is offering at LlO 12s 6d, and we hear of no sellers under. Wheat is very firm, and wanted at an extreme figure. Sales are making at 4s 9d for fine samples. From Messrs Barry and Phillipson's Adelaide circular of 27th March, we learn that the farmers are not inclined' to sell more wheat than compelled, and prices are very stiff. A few more ships had been chartered during the month for London at a redaction, but the advance on wheat was fully equal to the decline in freight. The exports to date amounted to 43,000 tons. Oats do not command so much notice, but values are fully supported ; for good to fine feeding lots 4s to 4s 3d is obtained. Maize, in consequence of a larger quantity coming forward than was expected, is decidedly lower. Importers have been offering freely at 5s 6d, without meeting with much encouragement at the reduction. Blasting powder is in moderate request. We learn of the quittance of a shipment of Pigou and Wilkes' at 5Jd. This brand is coming into considerable favor. Purchasers of hops are now coming forward more readily, and large sales are being effected- Of Shoobridge's Tasmanian 1875, we hear of 200 bales having bean taken up in one line, on private terms, and 100 bales additional have been moved off in smaller parcels. The trade price of 2s 6d is still maintained for this brand. We likewise learn of the disposal of 80 bales of Jeffrey's hops, on the spot and to arrive, at Is ll|d; the sample is stated to be very fine quality. We note a good trade demand as springing up for candles, and' 10|d can be realised for best brands. In liquids, we note the placing of a parcel of equal to 40 quarters Hennessy's pale brandy at 7s 10£ d.
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Bibliographic details
Grey River Argus, Volume XVI, Issue 2079, 8 April 1875, Page 2
Word Count
365COMMERCIAL. Grey River Argus, Volume XVI, Issue 2079, 8 April 1875, Page 2
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