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COMMERCIAL.

New Zealand Mail Office, Friday Evening. The bad weather has affected trade considerably, and business of every denomination has been excessively dull during tbe week. Our arrivals have been few, and with one exception without much influence on prices. The Melbourne boat brought down between seven and eight hundred cases of kerosene, transhipped from the Lelia Long from America to Melbourne, and prices have given way. Quotations for parcels are now 2s lid to 3s per gallon. Trade lots, 3s Id per gallon. Sperm candles are still bare in stock, with no immediate advices of any coming forward. Prices rule at to Ilf per lb for trade requirements. Sugar, unaltered from our Inst week’s quotations, with but trifling business doing. Spirits—Dull, with no alteration in value; Dunville’s whisky in bulk is very scarce, and enquired for. Flour—Still evinces symptoms of giving way, and sales of Canterbury flour are difficult at £l4 15s to £ls per ton. Stocks moderate. Oats—Meet with some enquiry, but prices do not seem to rally, and 2s lOd to 3s Id is the outside price obtained for a good sample. A good quantity of discolored grain has been shipped from Canterbury, which tends to keep down rates. The demand for butter, in kegs, does not appear to improve, and we are sorry to report that a considerable quantity will most probably be spoiled this season. Auckland, —The “ Cross” of the sth inst. gives the following report:—Adelaide wheat is worth 7s 3d to 7s 6d or 7s 8d : Canterbury, 6s 6d to 7s. We have heard of the disposal of 1200 bushels this week at 6s 6d. Flour at the mills remains at £l6 to £lB per ton ; Adelaide, £l6 10s to £lB 10s ; Canterbury, £ls to £l7. The amount of good oats in the market, is very small, although there is a superabundance of inferior qualities. Good seed is worth 3s 4d to 3s 6d. The receipts for the month amounted to 800 bushels. Maize is well supplied, and 4s per bushel represents a full quotation in the present state of the market. Feed bai’ley is offered at 2s 4d per bushel, but good malting kinds are worth 4s 6d. In general merchandise we have no alteration upon last quotations to report. Candles are fairly supplied, and worth about 11-2-d. There have been one or two auction sales during the week, and fair trade quotations were obtained. We append the prices realised as one of these as giving the best indication of the ruling rates for some leading items of oilmen’s stores: — Morton’s pickles, 12s 9d ; Wyatt’s pickles, 11s 9d ; Morton’s half-pint salad oil, 7s 6d; Morton’s pint salad oil, 12s 6d; Morton’s castor oil, 7s; Chinese preserves, 24s ; salmon, 13s; De Roubaix candles, Ilf d ; H.B. soap, 25s ; Melbourne soap, 245; Wor cester sauce, 13s 6d. We give the result of Mr A. Buckland’s flax sale. The bidding was fairly sustained, but there was not much wellprepared flax offered. Inferior sorts brought £l4 to £l6 10s; middling and good, £2O to £2O 10s. THE SHAREMARKET. [From the Cross, August 5.] Scott & Co report:—“ A dull market today. Thames, £36 10s; Central Italy, 50s and 52s 6d; Otago, 80s ; Golden Calf, 50s; Tokatea No. 2,2 s. Sellers : Tookey, Thames, Otago, Tokatea, No. 2. Buyers: Central Italy. Mr J". M. Lennox reports:—“The sharemarket was most inactive during the day. Sellers of Caledonian and Thames hold for advanced rates. My sales comprise—Thames, £37 10s, £37 ; Shotover, Bs. Closing : Buyers —Caledonian, £lB5 ; Thames, £36105. Sellers —Caledonian, £192 10s, with dividend; Thames, £37 10s, with dividend; Tookey, £35; Albion, £13.” Tookey. —From the “ Sydney Morning Herald” of July 25, we learn that Tookey shares, double issue, were disposed of at auction on the previous day for £2l. Melbourne quotations stood at about the same figure.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/NZMAIL18710812.2.33

Bibliographic details
Ngā taipitopito pukapuka

New Zealand Mail, Issue 29, 12 August 1871, Page 11

Word count
Tapeke kupu
636

COMMERCIAL. New Zealand Mail, Issue 29, 12 August 1871, Page 11

COMMERCIAL. New Zealand Mail, Issue 29, 12 August 1871, Page 11

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