COMMERCIAL.

New Zealand Mail, Issue 22, 24 June 1871, Page 10

COMMERCIAL.

New Zea t and Mail Office, Friday evening. Teade is quiet, with very little alteration in prices requiring notice, and during the past week we have no fresh arrivals to report, beyond the two steamers from Melbourne, with very fair freights for this port. Kerosene, which at one time threatened to reach famine prices, has been received in moderate supply, and prices are a little easier, present quotations d.p. being 3s 2d ‘to 3s 3d per gallon. We note no improvement in the demand for spirits, nor has any advance in the price of brandies ensued consequent upon late advices from Europe. In teas, the market is quite bare of really good congous. Old teas of English importation are being pushed off at a heavy loss to importers ; 50 half-chests changed hands at auc-

tion at 9£d per lb duty paid, which, though a fair price, condition considered, must entail a considerable sacrifice.

Sugars are in moderate supply, with the usual demand for trade requirements. Melbourne Company’s I.C. is quoted at £49 10s to £SO per ton, d.p.; C, £47; Y, £42 per ton.

Stocks of oilmen’s stores in several lines are very lightly held. Flour —Firm at last week’s quotations, with an upward tendency. Stocks light. Oats —The values of good samples seem disposed to harden, and are quoted at 3s Id to 3s 2d per buihel- Market well supplied.

Nelson. —The following report appears in the “Examiner” of June 10:—Messrs N. Edwards and Co. quote £l4 per ton for Rod and Hounsell’s superfine flour ; bran, £5 10s per ton ; pollard, £6 10s per ton ; sharps, £6 10s per ton. Messrs W. Stavert and Co. quote Redwood’s superior flour, £ls per ton ; wheat, per bushel, 5s to 5s 3d ; barley, 3s 9d to 4s; oats, 3s to 3s 3d ; potatoes, £3 to £4 per ton ; hay, per ton, £4 10s to £5; beer, per hhd., £6, per dozen 8s; lime, per bushel, 3s 6d. Boards and scantling—white pine, per 100 feet, 11s; red pine, 13s ; totara, 15s. Shingles—Totara, per 1000, 17s. Kauri—--9 x f, 14s, 9xl, 15s ; P.T. and G., 16s 6d ; wide timber, 17s 6d to 25s ; shingles, 15s. Christchurch. —The “ Times” of June 17 says i—Recent advices from Melbourne note an improving market for oats, which has made holders of this cereal less anxious to quit, and those that have held them until now will not accept buyers’ quotations, which are—for bright potato, 2s 3d to 2s 3£d; slightly discolored, 2s Id to 2s l|d ; Tartarian, bright, 2s to 2s o|d. We have heard of few sales of barley, and prices vary so much that it is impossible to give quotations. Stock.—The Opuha and Kakahu runs, in the Timaru district, comprising about 46,000 acres leasehold and 749 acres freehold, with 26,000 sheep, were offered by Messrs E. Mitchell and Co, on the 10th, and knocked down to Mr Alfred Cox for £15,400, who, in half-an-hour, re-sold at a profit of £SOO, Mr John Studholme being the purchaser. The Balmoral estate, in the Amuri district of the Nelson province, comprising 24,000 acres freehold. 14,000 acres leasehold land, and 24,000 sheep, was offered by Messrs Bird and Bennett, on the 15th, and knocked down to Mr Hennah for the sum of £24,250. Quotations for fat sheep remain as last given—namely, for Merinos l|d per lb, and for cross-breeds 2d. The butchers are all well supplied at present, but it is pretty certain that, as the season advances, the supply will be lessened, and we may then look for a proportionate rise in price. This remark will apply to cattle as well as sheep. Our quotation for fat cattle remains at 17s 6d per lOOlbs, although small lots have made a little over that price. Oamaru. —The “Times” of the 12th reports : —Wheat is improving in value, present quotations being 5s 3d. Farmers are holding for higher rales. Advices from Melbourne show a decline of 9d, which has caused purchasers to be chary of operating. Oats are at Is lOd to 2s, according to quality, with very little demand. Barley as last quoted. Flour, £l4 10s to £ls. Oatmeal, £l6. Bran and pollard, £3 10s to £4. Potatoes remain at 355.

Dunedin —Messrs Wright, Stephenson, & Co report, for the week ending 10th June, as follows: —Horses. —Good heavy draught stock are still in fair demand, but not many are offering. On Tuesday, the 6th instant, we sold, ex s.B. Wanganui, from the North Island, on account of C. T. Braithwaite, Esq, 30 colts of a light description, at from £5 10s to £ls ; and on Saturday, ex Phoebe, from Wellington, 10 head, very weedy, at from £3 to £5 10s. We quote first-class draughts, £45 to £SO; good hacks and light harness horses, £l7 to £22; middling do, £lO to £l4 ; light and inferior, £3 to £6. Grain.—Good aamples of wheat continue in demand at 5s 9d; inferior, according to sample, 4s to 5s per bushel. Oates —Sales limited. We quote feed, 2s 3d to 2s 4d ; middling, 2s 6d per bushel. In barley.—Malting samples of good colour, are worth 4s to 4s 3d; inferior, 2s to 2s 3d per bushel. AUCKLAND SHARE MARKET. Mr Saunders reports sales to-day : —Yulcan, £l3, held for £ls; Belfast, £7 to £7 ss; Long Drive, £ls 10s ; Otago, in demand, £3 5a to £3 10s; Caledonian, £IBO to £lB5 ; Tookey, £35, £36, and £37, sellers £3B; Moanatairi, £3 12s 6d ; Imperial Crown, £6 ; Thames, £3B; A-lburnia, £10; Cure, 20s ; Tokatea, £4 ; Poverty, £8 15s. Mr Martin Sholl reports the following sales: —Thames, £37 10s to £3B 10s; Otago, £3 7a 6d to £3 10s, sellers at latter quotation ; Belfast, £7. Buyers of Poverty, Kelly, Belfast, Shotover, and Red Queen. Mr Samuel Yickers reports sales of Thames at £3B 10s : Tookey, £36 ; Caledonian, £IBO, now held for higher rates; Belfast, £7; Poverty and Charleston, £8 153 ; Nonpareilj £5. Wanted, Bank of New Zealand, Insurance, and Gas shares. Mr Tonson Garlick reports sales this day : —Caledonian, £IBO, £lB5, and £lB7 10s; Thames, £37 10s, £3B, £3B 10s, and £39; Aiburnia, £10; Belfast, £7 ss; Cure, 21s; Otago, £3 12s 6d; Tookey, £37; Shotover, No. 1,8 s ; Berkeley Castle, 10s; Kelly, £3 10s. Union Sash and Door Company, £4 2s 6d. In demand, Caledonian, Thames, Tookey, and Berkeley Castle. —“ New Zealand Herald,” June 17.