COMMERCIAL.

Nelson Evening Mail, Volume IX, Issue 93, 20 April 1874, Page 2

COMMERCIAL.

{European Mail, Feb: io).

._ . . , NEW ZEALAND FLAX.

We have to report a good trade since our last issue, although at but small recovery from the lowest point some fourteen days ago. The quantity passed contract is about 240 tons, consisting chiefly of the new graies, in value about £16 to £19 per ton. On account of the prospect of Manilla hemp being still lower, it is possible that rates during the next few months can only move upward Blowly. Quotations will be about as follows : — Common, £14; fair, £18 10s; good, £19 to £20; floe, £26 p;r ton. Among the salts effected were 22 b»les sound, ex Lutterworth, mark W B,at £17 ss ; 2 bales, MS, £17 15s; 15 bales F F, £17 10s; 5 bales H B, £16 15s; aad 43 bales ex William Davie, mark E C iv dia. at £i 7 15s to £18 5s per ton.

HOPS.

Purchases in hops are made very sparingly, and holders appear rather more disposed to accept less money when offered, which is not frequently. Prices may be quoted from 15s to 20s per cwt lower than at the date of our last issue. The Continental markets generally are dull, with a downward movement in prices. Present quotations are : — East Kent goldings, £5 to £8 10s; Mid Kent, £4 15s to £8; Weald of Kent, £4 10s to £6 10s; Sussex, £4 4& to £5 10s ; Worcester s, £5 to £6 10s; Farnham, £5 Ids to £7 7s; country, £5 12s to £7; yearling?, £3 10s to £5; Bavarians, £6 to £7 15s; and Belgians, £3 -tn £4- 4b.

WOOL.

Messrs Charles Balme and Co. report:— The first series of colonial wool sales of the year opened on February 17, with a catalogue comprising 5925 bales, there being but a small proportion of the new Port Phillip clip offered. We" have to report an unusually large attendance of Home and French buyers, Germany and Belgium being however, moro '" moderately represented. The biddings were spirited, and established prices folly on a par with tthose ruling in November-December, with a tendency in favor of sellers.