Commercial News.

Southland Times, Issue 1138, 29 September 1869, Page 2

Commercial News.

Times Office, Tuesday Evening. The following are the Customs Returns for : —

The 'Tararua brings later Melbourne files. The ' Argus' of the 23rd Sept. contains the following items of commercial intelligence : — In the import markets business has been exceedingly inactive. Nothing worth special mention has transpired in general trade, with the exception of the sale ot new season's teas, which excited a good d<?al of attention, and helped to enliven whut othf-rwise must have proved an extremely dull day. The entire cargo of the Mikado, consisting of 1,338 chests, 5,034 halfchests, and 1,268 boxes congou, and 200 boxes <3 t O. pekoe, was offered, but notwithstanding the novelty of the sale — the cargo being the first of the new season — and that there was a very large attendance of the dealers, consider Me disinclination to operate was evinced ; nn<l it was not without a good fleal of difficulty th-.it any progress in its di-pos I was made. Indeed, comparatively little wa3 sold from the box, though subsequently several r ilh r h.rge sales were made. Altogether about 767 chests, 2,653 half-chests, 150 boxes congous, were quitted at prices ranging from la 3£d to 2s 7d, in bond for medium to fine con goas ; the ?. O. pekoe realised 2s 3d. The breadstuffs market has become quite unsettled again. Endeavors are being made to support late rates, as many holders refuse to quote under £18 ; but in the face of £16 10s to £16 15s being accepted at auction for the fimßt W ingaratta flour, we are compelled to admit a decliue of at least 30s per ton on Monday's prices Very little wheat is offerin" ; 8& is still asked. Feeding grains arc still run after at well sustained rates. Some 1,500 bags oats were placed at s 6d. The demand 19 still unsatisfied, but sales are checked by the absence of supplies. Maize has shown less firmness, holders having accepted 5a 4^d throughout the day, when it was expected that the established price would rule a trifle over. The trade have been the purchasers, and only to meet requirements. A shipment of 4,01*0 buihels malting barley was cleared off at a full figure. Under the hammer some 30 tanks malt, sold as faulty, realised 8s lid net. 140 pockets hops, also damaged, -were gor. rid of at low prices, owing to condition. Business is reported in tobaccoes. Cameron's half- pounds, Two Seas, have been disposed of, and sales of twist are likewise men- i tioned.

The ' Daily Times ' of the 25th inst. reports — The telegraphic advices per Alh&mbra, from Melbourne, have giren confidence, and resulted in an advance in value for wheat, flour, and oats. Oatmeal, as a necessary consequence of the advance of oats, has improved. The advance in bran and pollard is sustained : — Flour, £14 10s per ton ; oatmeal, £20 do ; pearl barley, £26 do ; wheat, 5s 9d to 6s per bushel ; oats. 4s do ; barIcy, 5s 6d do ; maize, &s 3d do ; bran, £5 per ton ; pollard, £5 10s do ; hay, £5 10s do ; chaff, £4 10s do j straw, £2 10a do ; potatoes, £3 do ; carrots, £3 do ; turaipß, £3 10a do ; rye grasps seed, 5s fid per bushel ; butter, li 2d per lb ; cheese, lid do ; bacon, 8d do ; bags, 14s per dozen.

Tuesday, Sept. 28, Brandy £5^,18 2 Sherry 5 10 5 Geneva 14 16 3 Draper? 130 15 9 Tobacco 5 0 0 Cigars 5 0 0 £167 0 7