MELBOURNE WHOLESALE PRICE CURRENT.
Saturday, 26th November, 1853, For some time past there has been very little changes in the markets of Melbourne, Considerable quantities of all kinds of goods have been taken off for the diggings, but, the stocks being very large, there has been no improvment in prices. On the contrary, sales, in consequence of heavy store-rent, have been forced, and prices have declined. This has particularly been the case with colonial flour, which has been sold during the past week ns low os 31/. To-day Mr. Uegraves has advanced his price to 321, and we have kept the old quotation of 33/. It is difficult to fix a correct price for this article in the present unsettled state of the market. Tea is firm, with the prospect of a further rise, in consequence of the unfavourable news from China. In consequence of heavy importations sugars of the better class have declined. Oilmen’s stores are very much enquired for. Provisions are in good request. Brandy has fallen still further, and is dull of sale. There is a large consump'ion of timber, and a brisk trade is done at the quotations. Heavy timber is in demand. Wo direct attention to the following remarks by Messrs. O’Grady and Hoed, in their monthly circular just issued. We ought to observe that, according to our information this day, there is a fair demand for porter in bulk and for coffee. Ale and porter in bulk are slow of sale. Bottled remains firm, with more enquiry for porter. Wines.—Good port and sherry saleable Hock, claret, and moselle in good demand. Spirits,—The market is completely glutted with duty-paid spirits, in consepuence of the proposed change in the tariff, which is still in abeyance. Brandy, Marlell’s, may be quoted at lls. 6d. per gallon in bond. Case brandy of superior quality is saleable. Geneva has declined in value, from large parcelsoffering. Ruin maintains its price. Good Jamaica is worth os. to ss, 3d. Whiskey, unless very good, is unsaleable. Sugar.—The market is well supplied, and prices have a downward tendency. English refined, 51s. 4d., and and Mauritius counter, 28s. to 345. per cwt. Tea.—-Stocks are getting low and without any immediate prospects of being replenished, in consequence of the disturbed state of China and the unfavourable exchange. Good coagou, 71. 10s. to 8/. per chest of 84 lbs. - Tobacco.—Barrett’s saleable at 2s. per lb. Manilla cigars, No. 2, in fair demand at 855.; No. 3 not so saleable at 70s. per 1000. Groceries and Provisions.—Coffee, not much enquiry. Irish butter very saleable at Is, 4d. and Is. Cd per lb. Good Engliso cheese,bacona/id hams, in fail' request. Currents, bollled fruit, and oilmen’s stores, generally in great demand. Liverpool salt wanted at 9/. per ton. Soap, Steelets, 255. per cwt., boxes of 56 lbs. preferred tc 28 I'bs. Drapery.—The market is over stocked with all descriptions of soft goods with the exception of 72-inch calicoes, oil-clothes, and light tweeds, which are wanted at present. . Ironmongery.—Ewbank’a nails are scarce ; sickles la a now wanted at 40 per cent, advance ; spades are lalso in demand ; shovels—for English there is no sale; i American steeled, with short handles, command 80 per c< rlt. advance; pig iron no sale ; bar iron of good ’brands in demand ; hoop iron in request at 18/. to 20/. sheet iron, 35/. to 40/.; for assorted gauges from 14 to 21; shot is scarce. Breadstuff's,— Flour has given way in price. ’Adelaide Ist, 30/. to 31/. per ton of 2000 lbs.; American, sweet, 50s. to 555. per barrel. Oats, English, 10s. to 10s. 6d.; colonial lls. tolls. 6(1. per bushel of 40 lbs.; wheat, maize, bran, and hay, are firm at quotations. Potatoes have slightly receded in value.
Sundries.—Boots and shoes of good make for light summer wear very much wanted. Prints and oils in request. Hops very scarce; Kent 2s. 6d., American '2a. Sd. per lb. Gunny bags are enquired for. Gunpowder in half-pound canisters very saleable. Tartaric acid and sulpeuric acid are wanted at this season —the former at 4s. 3d. to 4s. 6d., and the latter at 2s. to 2s. 3d. per lb. Timber which experienced such a serious decline from the high rates so long ruling, is now looking up. Bricks 8 1, to 91. per thousand.
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New Zealander, Volume 9, Issue 803, 24 December 1853, Page 2
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716MELBOURNE WHOLESALE PRICE CURRENT. New Zealander, Volume 9, Issue 803, 24 December 1853, Page 2
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