Commercial Intelligence.

Hawke's Bay Times, Volume 14, Issue 717, 13 September 1869, Page 2

Commercial Intelligence.

OTAGO. The Otago Daily Times, 31st August, contains the following:— Being the extreme end of the month, business could not be expected to possess much animation, therefore, though advices received are rather favorable than otherwise, and some enquiry has been manifested, few transactions of any moment have been concluded to-day. Quotations in the general market are unchanged, and in the produce market values are without alteration. There is, however, a fairly maintained demand for grain, and supplies reaching town are not in excess of the enquiry. By auction nothing of any moment has gone forward. MELBOURNE. The Argus, 24th August, thus reports:— The general course of business in the import market to-day has been quiet, and transactions in most articles have been only to a moderate extent; but the improved tone lately noted in regard to a few leading articles continues, and business in them has been active. Best Victorian flour has been sold at £l4- 10s per ton, and £l4 refused for a parcel of 200 tons, country brands; the demand continues good. In wheat we note sales of Tas manian at 5s 9d, Victorian at 6s 3d to 6s 4d, and Adelaide, at 6s 6d per bushel, 6s 3d being subsequently refused for a parcel of Victorian. The market will be tried at auction to-morrow with both wheat and flour. Oats in good demand ; sales of trade lots at 4s 4£d, and 4s 4d paid for a parcel of New Zealand. Of maize sales are reported of some 5000 bags, in trade parcels, at 4s 4sd and 4s sd, and 4s 6d is now asked by some holders. Trade parcels of malt have been quitted at 9s 4|d per bushel. Candles have been bought up to a considerable extent at 10£d for Brandon's, De Koubaix, and other best brands, while this price has been refused by many holders, and lOfd is asked. Kerosine continues in active request. Sales have been effected of a line of 500 cases Comet at Is lid; of parcels of Oriental at Is 10|d and Downer's at 2s Id; 2s Id has also been refused for Downer's, and Is lid for B Devoe's. The damaged sugar, ex Sidonie, sold at auction to-dny, realised prices sustaining late advances. Some 2000 bags sound Mauritius, balances ex sundry vessels, will be offered at auction to-morrow. Chines* oil firm at 4*.

HOBABT TOWN. The Hobart Towu Mercury, 20th August, reports : The Victorian news has not influenced our markets to-day. The prices between the two colonies are now so closely adjusted from the communication by submarine telegraph, that the mail news scarcely affects prices at all. We can but repeat our intelligence of this morning, viz., that wheat is firm at 5s 6d, and oats are in demand at -is 6d for need. All other quotations are as last reported, v i z .; Sound parcels of potted butter are enquired alter, and best quality commands 1? 2d per ft. The market is full of inferior quality, which runs at from 8d to lOd, but the demand for this description is very limited. Potatoes are looking up, "and £3 15s to*£4 is asked (bags inclusive). Flour £l2 to £l2 10s per ton; sharps, £7 to £8 per ton; bran, Is 2d per bushel; beans, 3s 6d to 4s per bushel; tares, 5s 6d to 6s 6d per bushel; hay, loose, per ton, £fi ; pressed from £6 to £6 10s per ton ;' potatoes, £2 15s per ton ; butter, potted, 8d to Is 2d per ft ; for fresh, from Is to Is 4d per ft; cheese, for export, from 8i to lOd per ft. WOOL REPORT.

We extract from the New Zealand Loan and Mercantile Agency's circular, dated London, July 16, the followiug information : Since the close of the May-June wool sales, the condition of the woollen trade has undergone no material change, the only featnre of interest being the existence, of rather more private inquiry in the London market than is usual at this sea.-on of the year, and which, following upon a very heavy series of sales, may be regarded as indicating the general soundness of the manufacturing industry, and that the relations of supply and demand are perhaps not so widely disproportioned as has been generally supposed. The August sales will probably commence on the sth or 12th of that month. The quotations of New Zealand wool are as fol l ows .—Very superior fleece, Is 9(1 to 2s 3d ; first fleece, Is 5d to Is 8d ; medium fleece, Is Id to Is 4d; interior fleece, 10(1 to Is; medium lambs, Is 2d to Is 4d ; inferior lambs, lid to Is Id ; broken and pieces, lOd to Is Id ; inferior pieces and locks, 7d to lOd ; superior scoured, Is 8d to 2s Id ; medium scoured, Is 3d to Is 7d ; inferior scoured, lid to Is 2d ; skin, lOd to Is 2d ; in grease, good, 8d to lOd ; in grease, medium and inferior, 6d to 7£d , in grease, pieces and locks, 4d to 6d.