COMMERCIAL.

New Zealand Mail, Issue 13, 22 April 1871, Page 16

COMMERCIAL.

New York, March 15th.—The East Lothian is loading for Auckland, and is -to load back with flax and gum. Little is doing in flax. The cargo brought by the East Lothian is in store. Small sales, via London, have been made at 9 to 9 J cents. London advices to the Ist March, in the produce market, show a want of activity, transactions being moderate. The wool sales closed without much change, but competition is active, and a slight advance is noticed on October and November sales. Hides are in demand. Australia, 5d to Is 5d |; Australian leather, Is 4d advance. Tallow firmer at 33s to 43s -6d for sheep, 36s 3d to 41s for beef. Colonial securities are steady at a slight advance in New Zealand sixes, March and September. A London letter of the Ist says the series of wool sales terminated on the 28th. 104,600 bales were offered, and nearly all were sold. The attendance was good, more foreign buyers being present than at last sales. Prices opened with an upward tendency. The only descriptions on which an advance can be quoted are good scoured and greasy, but prices closed steady and firm. New Zealand wools are in good demand throughout. The report of flax sales early in the month was dull, and showed a decline of from £2 to £4 per ton. 2000 bales were quoted at £l4 to £23. Latest report—Australian meats —l3 50 cases have been offered, and part sold. Boned mutton in tins, 6d to 6|d; boiled beef, Is 7£d to Is 7£d. Flax was very firm. At Mark Lane on February 20th wheat was 50s to 58s; barley, 34s to 38s ; oats, 32s to 34s : Australian wheat would bring from 55s to 58s; New Zealand flour from 38s to 41s per 2801bs.