COMMERCIAL.

Manawatu Herald, Volume III, Issue 82, 14 June 1881, Page 2

COMMERCIAL.

Wellington*, Saturday, June 10. Duriiicr ihe week' business to beeti fairly brisk. The financial engrtgembnts of the fourth are : reported tis being* highly satisfactory.' The only failure of ahy Importance for Some time past' occarrtid during' this weeV, : that of Mfessrs' Skelly, of Taranaki, general storekeepers. The liabilities are not however heavy, only amounting to £1061 7a 2d, and the assets £1142. We observe with considerable satisfaction that the Wellington trade with Waitara and New Plymouth is steadily increasing ;we learn- that it is-«mply a question" of freight, and- steamers trading regularly. The freight from Auckland to New Plymouth is only: 12a- 64, i fc therefore behoves our Wellington steamboat owners to put their townsmen in a position to quote as low freight. Jf this is done tkere need be no fear in respect ofipriecs of goods.No transactions of any magnitude have come under our notice. Sale 3 have been for actual requirements and not of a speculative character (except in «raiu). Oats have had considerable attention and still have a hardening- tendency ; the highest price that has tr inspired was 2j 61 for a 1500 bushel parcel, and as these are purchased to Bell in this market, we may safely predict 33 for moderate sized parcels. Consequent on the rise in oats oatmeal has advanced and holders are now very Arm at £12 103 per .tob. Maize is higher and 4a was freely paid. While quoting maize it may be interesting to our readers to learn that experiments have been made in America (and attracting considerable attention in Victoria) witlt highly satisfactory results, that sugar ein be manufactured from maize and sorghum. ., As the former can be grown in almost any part of New Zetland, this is a most valuable discovery. Wheat is still quoted at 3s 10J. Flour. is unaltered ; the local mill quotes nomiually £10 10-y although we hear of sale 3 a shade under. Candles have bfen enquired for and sales made of Arabella shipment at B£l for D.R.J. j stocks are very lighfc T . Kerosine is also soarce, x&d a considerable portion of the F. W.'C flow's shipment hag been sold to arrive. Quotatioag are /Is 101 to 2s, for the 6v6t teit. " tjralvanised iron is scaYce ; the Arabella's shipments changed liauda quicklyi'iand there- is now) very little in first hands. Sales to arrive have been made at £24 10i u WirW nails are in light supply and gr»od demand, sales have been made during the week andr£} tot £1- Is for 4x7. Raw, boiled and colza oil nre enquired for and may be quoted at 4a 4d, 4s 6d and respectively. LSosters are quoted at 9a to 9a 3d. -Salmon is a little soarce. -Sales, are reported at 8s 3d tp .83 4^d. Oysters arp worth 63 to, ,6s 3d. Sardines ara easier and quoted at 9a to 9s 3d, for halves,' ttnd;s3.9i for quarters.' Dried fruits ara still vety firm. Currants have been sold/! at* 6Jd WBJdV eleme raisins, 7id and, 7Jd. Qopsiderabld enquiries Have- been niadp from the' other n.z. pottdW ■iiwtffliik vj ■•■■■' . ' ■ ; ■ Sugartare^uflslteredv ; Fine and coarse salt are qdotedi at: £3^ luj- and £4 respectively. ;.,[., 1; „./:■:..(.; .<.;.-: ■ V .■ '■} ■ Growers; .9rj ; their, agen^ appear mpst anxious to force potatoes info this market. Stocks are" ample fdr abtnQ '-'tim'e, 'and if consignments continue to arrive it mu'it leave a |»Ege-jlQss, ( .feires|tectayooS- storage^ etc. Qi^otati.9ftstare i npminj»lly ,'■■