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There is no animation discernable m tlie import market, but on the contrary, business durin.; tlie past week has been — if possible — duller than ever. A few articles are, ho-.vever, required, and may be briefly referred to as follows: — Sulphur is low m stock, ancl is soiling £18 to £19 per fon. Woolpncks are boing quitted freely nfc 3s. to 3*. Gel. Sheepshears are quotable wholesale —Ward and Pavno's No. 79, 6S.s. fo 80j. ; N-. 38, -ifi.. to 485. ; Burgon and Ball's S7s. to 40s. Currants, fid. ; Elemes, 7d. to 7|d. Van Houten'e cocoa, 4s. 9d. to 4s. lOd. Price's candles, 10^d. Q-alvanised iron is being placed m small lots afc £28, whioh price, however, will not be maintained, as shipments on the water are being offered to arrive at £26 10s. for 26 guage. ■ Colza and linseed oils have been disposed of to arrive at paying rates to importers. The demand for cement is dull, and parcels now on the way aro large. Fencing wire remains firm at £16 to £18 for .Nos. 6 to 8. Staples are rather scarce and are worth from £28 to £30 per ton. Latest advices from London notify a substantial rise m sbeeb leau, tartaric acid, cream of tartar, carbonate of soda, &c. Reports just to hand and having reference to the coming vintage, read as under: — We regret having to report unfavorably upon the vinfage prospects m France, Germany, and Portugal. The early promises of a fine vintage to compensate growers for their losses last year have to a great extent been marred. Tho phylloxera is reported to be spreading m tlie Medoc. Prices everywhere are firm." From another source we learn that — *' The position m cognac at present is this : There are on tho vines about the 9ame quantity of grapes as last year at this time ; they are, however, expected to ripen better. The general idea prevailing is that ail the wine made will go into consumption a* wine, none will be distilled. Under these eineumstanoss it is difficult to believe that an advance m values will not take place " Colonial Produce. — Wheat. — Stocks m tlie Southern Island are said to be sufficient for, but not m excess of, the season's wants. Tlie prices paid to farmers range from 3s ; lOd to 4s. 2d. The London niarkot is weak at 425. to 435. per 49filbs. The harvest m England is over, and the estimated yield is slightly under thf average, being 11,500,000 bushels, and the quality is very snperiQ**^ J^ojn America we learn that the 'ltfWjjji--' calculation of surplus for export is 700,60Q tons. In Australia there is now a surplus of about 60,000 tons, and this within three months of harvest. Trade pur.els of flour are celling m Melbourne as low as £8 los. The following information re Continental crops may be interesting — f Advices from Paris state that the indications of good crops m Fi-nnc. are abundantly satisfactory; Rhe, however, will not have sufficient grain to tne"t her own demands. What is true about the crops m France applies also to tho c of Italy, Hungary, Rou. mania, and Germany. In Southern Russia the worm has been destructive, and m consequence a discussion is pending there, as to the propriety of issuing a ukase forbidding the shipping of grain from thatcountry." Flour remains stationery at £i.l to £11 10s. per ton. Oats hare maintained about the same position as when we last quoted, viz., about 2s. to 2*. Id. Bran, 7_d. to Bd. Very best samples of barley for malting have been quitted nt 3s. per bushel. Stocks of ki>g butter, both wholesale and retail, are heavy, au*! with absolutely no market;. Sales by public auction of good quality were done at 3kl, kegs free. Hams and bacon — The market is fully slocked, and the highest value obtainable for mixed is Bd. to Sid. Cheese is dull at sd. to s£d. Potatoes — We have lately commented ou the imprudence of large shipments, chiefly from Canterbury, amounting to four times our consumption, being pressed upon us. They still, hewever, continue, and the results during the past weekhave heen most disastrous to shippers. Cargoes have been quitted by auction at ship's side as low a.s £1 2s. fid. to £1 10s, per ton, bugs i.icliided,"Jconsigneea deeming it prudent to sell rather than incur storage and other charges. "VYe trust that shipments willbe discontinued for some little time to come, to allow the market to recover itself. Maize— Stocks are exceedingly heavy, ancl sules aro restricted to retail lots. Concessions on our late qno'ntions to the extent of 4d. per bushel would be accepted. No business of consequence, however, can be done. — N.Z. Times.

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https://paperspast.natlib.govt.nz/newspapers/MT18800929.2.3.1

Bibliographic details

Manawatu Times, Volume IV, Issue 75, 29 September 1880, Page 2

Word Count
783

Untitled Manawatu Times, Volume IV, Issue 75, 29 September 1880, Page 2

Untitled Manawatu Times, Volume IV, Issue 75, 29 September 1880, Page 2

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