COMMERCIAL.

Poverty Bay Standard, Volume III, Issue 211, 7 October 1874, Page 2

COMMERCIAL.

Mr W. S. Greene reports having disposed of a few horses at auction, on Saturday last, ranging from £3 15s to £lO 10s. There were w buyers for the sections of land offered. The furniture offered at Messrs Robertson’s sale was undisposed of from the same cause.

MELBOURNE WOOL MARKET. (From Messrs. Goldsborough and Co.’s Circular.) September 7. Shearing is now pretty general in Riverina a.id Northern Victoria. We have received the first instalments of several large clips, and have advises of several large parcels having been despatched from the sheds, but owing to the somewhat unsettled state of the weather, the date of our opening sale has not yet been fixed ; it will, however, probably be a couple of weeks earlier than last year. Judging from the lots to hand and the reports that have reached us, it is evident that the growth and condition of this year’s wool -will compare very favorably with previous years. It is perhaps rather premature as yet to give an opinion as to the range of prices ; but there is every probability of a spirited competition at our local sales. The orders to purchase already received will no doubt be largely augmented by the arrival of the next mai:.*r« : •h'r-'’ is **an desire to operate in this market, both on European and American account; and prices may. therefore, we think, be expected to rule satis fa* - tori’r;

The Nubia arrived on the 21st ultimo, five ■ ’ays before her contract time, with advices to July 10th, from which we learn that there was an active demand for our staple, the home trade being particularly brisk. Our telegraphic advices up to the 9th ultimo are also very encouraging. The third series of sales in London opened on the 18th August, the arrivals to that date being 260,000 bales. The attendance of both home and foreign buyers was very large, and the biddings spirited, prices being fully equal to those ruling at the close of lust series.

The present rates of freight to London are £d for greasy, and fd for washed wool, dumped ; and Id per lb not dumped.

Christchurch, September 25. The following quotations are f.o.b. at Lyttelton :—Wheat, 5s to 5s 3d ; oats, 5s 6d ; barley, none in the market; flour, £l2 to £l3 ; sharps, 66 to £7. Millers’ stocks of wheat are low; oats are exceedingly scarce, the demand being more : han equal to the supply. Stocks are not thought equal to local requirements. Auckland, September 25. Mr. Buckland reports fat cattle in full supply at from 45s to 50s per lOOlbs ; dairy cows, £5 ; grown steers, £6 to £7 ; fat.sheep, 5d per lb. Wellington, September 25. Markets : Flour, £l3 to £l3 10s ; oats 5s 4d to 5s 9d ; wheat, 4s 9d to 5s 6d ; milling bran, Is 3d to Is and 4d ; pollard, 8s ; oatmeal, £23 to £26 ; bacon, ; hams, Is ; cheese, B|d to 9d.