COMMERCIAL.

Manawatu Herald, Volume I, Issue 97, 12 August 1879, Page 2

COMMERCIAL.

' '. . \ : ..' Wem-tnotom, Friday. We report continued depression in every • branch of the.import trade, nor da we look' ' . for. any perceptible improvement for some ■lengthened time to come— until stocks aye „ considerably reduced and a better feeling ,of confidence^ brought about. At present ■.there is no 'confidence, nnd, sales being ;:' ■•' made for cash or on very short credit, im- - ' porters have to submit to lower rates than are consistent with fuit profits. Quotations remnin nominally at our former report) with . a downward tendency. In colonial produce, keg bulter hns ad . vanced in value, and .prime, cure is -now lid to 13d per lb, owing to. the demand for ■ fresh. Canterbury cheese is moderately stocked, but shows no improvement in value ; holders ask 7£d to Sd per lb. Bacon and hams are rather scarce, and worth — for sides, 8d to B£d ; hams, lOd per lb. Flour remains at last week's rates, but as Southern holders have advanced 20s per ton, we can hardly expect prices here to remain low. Grain— oats are heavily stooked, with ' ! • r large parcels coming forward ; present rates rule from 8s 9d to 3s per bushel, according to quality. Fowl feed dull at 3s to 3s 3d per buphel, Potatoes in fair supply at £5 per ton.— N.Z. Times.

1 (by telegraph.) , Auckland, Friday. Mr A. Bucklarid reports: — Fat cattle, 30s to 32s 6d per 1001 b. Sale showed advance fully 20 per cent above last week's prices. Fat sheep belter, worth, one to three shillings per "head: , . ■ Dtjnemn, Friday. ". " , A cargo of sugar just imported by Thurso ..'.' from Mauritius was to-day submitted for -' sale. The trade was well represented, and ' the bidding ' spirited, nearly every line "'. being cleared at satisfactory prices. Finest 1 Snowdrop crystals realised £34 5s to £35 5s ; finest whites, £30 7s, 6d to £33 17s 6d ; fine whites, £32 15s to £33 5s ; finest grey, 432 to £33 Ids ; finest yellow, £30 5s to £30 10s.