COMMERCIAL.
Melbottene.—The Argus of September 21 reports: — Flour has not been much run after; indeed, the parcels offered by public sale had to be withdrawn for want of buyers. Trade parcels continue to be disposed of for the supply of requirements at from £l2 15s to .£l3. The larger dealers are prevented from purchasing, owing to the scarcity of really good brands, for which £l2 10s to £l2 12s 6d would be paid. Wheat is stiffening. We quote to-day 5s 6d to 5s 9d, and sales of even very ordinary qualities are reported at 5s Bd. Oats are disposed of in fair, lines at 3s 4Jd to 3s 5d for good feeding qualities, but up to 3s 7d is obtained for prime parcels; in many instances more money being wanted. Maize was sold under the hammer yesterday forenoon at 3s Bd, to the extent of 2500 bushels. Privately, however, parcels are quitted at Ss 9d for quantities, aud 3s lod for small lots. In cornsacks we observe less doing. A parcel of full-weights, offered at auction, had to be withdrawn, but some light-weights were Quitted at lld-lOJd. Candles were disposed of publicly to the extent of 2500 boxes. At first, it was attempted to get over lid, but when it -became obvious that the bidders would not 30 over 10J to lOfd for best brands, the sellers were compelled, though reluctantly, at length to accept this price, and for other brands. In teas we report a good demand for new season's congou, ex Cleator ; and besides the sale of 600 boxes, other lines were pending. Transactions are made at the prices established at auction. We learn of a moderate inquiry for sugar, and sale 3 of fine crystals are now made at up to .£4O. Flour of sulphur finds buyers at <£lß. We learn of the quittance of a shipment of 200 tons of .coarse salt iu the bay; a full price was realised. Kerosene oil is more noticed, Is lid was paid for Cozzeus's.
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https://paperspast.natlib.govt.nz/newspapers/WEST18701006.2.5
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Westport Times, Volume IV, Issue 720, 6 October 1870, Page 2
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335COMMERCIAL. Westport Times, Volume IV, Issue 720, 6 October 1870, Page 2
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