COMMERCIAL.
The amount of Customs duties received at this port for the week ending April 14, 1875, were as under:
The import trade of the port during the past week has been moderately active, and owing to tire long passages making by the English ships now overdue, several lines are becoming scarce. Generally speaking, stocks are ample and prices unaltered from our monthly report of last week. The May arrived yesterday, with a cargo of sugar from Mauritius and flour from Adelaide—the first article reaching a depressed market. The Adelaide flour, most of which has been sold to arrive, has come in very opportunely, as there is not a bag left in stock. In New Zealand produce, butter is in rather better inquiry, and sales have been made for shipment at Is. 2kl. Cheese scarce, and worth lOd. to lOkl. Racon and hams in fair demand at lOd. and Is. Id. Flour lias been scarce, owing to the non-arrival of several small craft from Lyttelton and Oamaru, which have put in an appearance to-day. Prices are unaltered, and Canterbury flour in sacks is quoted at £ll per ton for bakers' parcels. The market is still stocked with grain, and prices continue depressed, sales of prime feed oats have been made at 3s. sd. per bushel—the impression being pretty general that they will rule much lower owing to the enormous stocks in the hands of the Southern growers. Good milling wheat is selling at ss. per bushel, inquiry dull. AUSTRALIAN AND NEW ZEALAND PRODUCE. Messrs. Anning and Cobb report under date Feb. 17, 1575: — Since our issue of the 20th nit. twenty-eight vessels have arrived in London. The Countess of Kintore, and Thames, from Auckland. The tallow market has been very much depressed throughout the month. Large forced sales have been made on speculative account, and the demand from consumers is unusually small. The present quotations for P.Y.C. are from 7s. to 7s. Cd. per cwt. lower than those current at the date of our last issue, viz., 395. Cd, per cwt. on the spot, and SDs. 3d. for delivery in March and April to June. Our home production is in good supply at 395. Cd. per cwt. nett cash, being a decline of 3s. per cwt. Australian Tallow.—A very limited amount of business lias been transacted during the month, and prices have declined 2s. Cd. to 3s. per cwt. for all assortments. The lower qualities are selling comparatively well, as there is some inquiry for export. The quotations now are:—Mutton, fair to good, 30s. Od. to 41s. Cd. ; beef, fair to good, 395. Cd. to 415.; and mixed melting, fair to good, 395. to 40s. per cwt. Australian Hides. —The inquiry for sole leather hides continues flat, and the few offered have been sold with difficulty at a reduction of Jd. to £d. .per lb. New Zealand, Ist heavy, good, 7Jd.; Ist light, 7d. ; 2nd class, CJcl. to C£d. ; cow, 7d. per lb. Australian Leather, —Crop sides have con tinned to meet with an active demand, and at the last sales an advance of }d. per lb. was established. The sales at public auction comprise 0910 sides—light 13}d., heavy, fair to good, 13jd. to 14d., and common to middling, 12ijd. to 13d,, extra heavy, 12£d, to 14d., seconds and inferior, lljd* to 13d. per lb. Horns. —There have been no transactions to report. The last prices obtained were—Sydney, average 15.10 z, C3s. Cd.; average 10J to 12£0z., 395. to 5Cs. Melbourne, average 1210 z., 5Cs. to 60s. Cd,; average 5J to 9ioz., 10s. Cd. to 323. Brisbane, average 13£ to 140 z., 545. 6d. toCOs. New Zealand, average 10itol2goz., 355. to 50s. Cd.; average 7 to Oijoz., IGs, to 30s. per 123.
Bones. —Shank, fair to good, £IG 15s. to £22 10s.; common to middling, £lO IDs. to £lss. 15s. Thighs, £Gl2s. Od. to £l3 17s. od.; common grinding bones, £5 to £0 2s. Cd. Knuckle, £0 to £0 2s. Od. Hoofs, £5 ss. to £7 ss. per ton. Preserved Meat.— The Australian Meat Agency (Tallerman’s) report The sale of meats for home consumption during the past month has been of a moderate character—exports to the continent continuing large. Mutton remains dull of sale, and prices have decreased to 4?d. Beef sells readily at Ojd* to Old. At a public sale of 1383 cases offered—67B cases only sold at following rates:—Clb., 4jd,; and 41bs., 4d?. tood. Roast: loin of mutton, sd, Corned beef, 4?d. to sd. Potted head, 2?d. Sheeps’ tongues. Is. Beef stock, 4d.; the remaining lots being withdrawn. The arrivals for the month of January were—Australia, 10,833; America and other ports, 4780. Total, 21,013.
Wool. —The European Mail reports The position of the wool market just now is not easily defined. It is generally admitted on the one hand that stocks in holders’ hands are light; but against this is the dearth of orders from the colonies, so that the prophets can only speculate upon results, and suppose that this latter circumstance may tend to better the demand, and lead to a slight fall in rates, especially as manufacturers complain that the price of the raw material has been for some time against the profitable employment of capital. Messrs. Charles Balme and Co. write; —“There is no new feature to report as to the condition of trade in the woollen districts. Notwithstanding the general complaints as regards the state of business, stocks of raw material do not appear to be excessive, and in France especially, the necessities of particular manufacturers have forced them to anticipate the public sales by some purchases of the new clip at full prices." Messrs. Jacomb, Son, and Co. say:—“As to the probable course of prices when the market opens next week in real earnest, it is, of course, impossible to form an opinion till we get our whole forces mustered in the sale-room. American buyers have taken about 25,000 bales of good greasy wools direct from Australia this season, and will probably take a further large quantity from New Zealand, which will, of course, neutralise their competition in this market in similar proportion. Latest accounts from South America predict a largo falling off In their wool exports in the coming season ; the import into Europe last year was about 8 per cent, less than that of 1873, A sale of 17,000 bales of this produce •commenced at Antwerp on February 17 ; prices are reported for wools of the new clip fully up to those of their last sales, whilst any parcels of the old clip are neglected at lower prices." BY TELEGRAPH. AUCKLAND, Friday. Mr. Buckland reports : —Fat sheep, 3Jd. per lb.; fat cattle, 235. to 20s. per lOOlbs. ; dairy cows, £8 to £l2. CHRISTCHURCH, Friday, Market quotations, free on board, at Lyttelton are; —Wheat, 3s. os,; oats, 3s. : flour, £9 ss. to £9 155.; barley, 6s. Cd.; butter. Is. 4d.; bran, £4 7s, Cd. WANGANUI, Friday Mr. Freeman R. Jackson reports;—Fat cattle, good supply, bullocks, £7 10s. to £lO, one lot withdrawn at latter price; cows, £0 to £7; stores average £3 7s. 6d.: beef, 225. (id. per lOOlbs. ; sheep, fat wethers and ewes, 10s. Gd. to lls. Od. ; store wethers, 4s. 3d. Exports for fortnight, 141 head of cattle, 777 sheep.
Spirits .. £ .. 850 2 d. 9 Cigars .. 10 0 0 Tobacco.. .. 134 15 0 Wine .. 110 4 7 Beer .. 50 17 0 Tea .. .. .. 420 6 G Coffee 33 3 9
A s. a. Sugar .. .. 212 5 3 Goods by weight 99 4 5 Do. ad valorem 505 4 I Light dues, shipping &c. 21 12 9 £2528 1G 7
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New Zealand Times, Volume XXX, Issue 4392, 17 April 1875, Page 2
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1,268COMMERCIAL. New Zealand Times, Volume XXX, Issue 4392, 17 April 1875, Page 2
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