Alb (in bulk).—Stocks of imported ale an small, but the consumption at this season is usually light. Colonial ale is in fair demand ; quotations however have slightly given way, owing to the great competition that exists. Bottled ale with good support for first hands, while inferior can scarcely be quitted. Stout in glass is in moderate request, but no improvement has transpired in values. Rags and Bagging —Several heavy par cels of corasacks have been received from Australia and the neighbouring provinces, which has had the effect of weakening values. Large lines have been placed at J 4s to 14s 3d, while smaller lots move off readily at 14s 6d. In woolpacks, quotations are almost nominal.
Building Materials.— stocks of Baltic timber have been well worked down, but in consequence of the abundant supply in Dunedin prices are thus kept in check. We understand that a part shipment will shortly be brought into this market which ought to realise well. Deals still command attention, and sales are effected freely, to arrive. Gal vanised iron of all descriptions is in mode rate request, but no improvement in values can be recorded. A better feeling is notice able with regard to slates. The recent fires have crested a good demand, and holders are now able to obtain a considerable advance on former rates. Cement is held rather heavily, and shipments advised will have a depressing effect, as the requirements are limited. Candles.— Quotations have not advanced to any extent, although the consumption has improved. Stocks are getting reduced as the Maori’s shipment have not yet come to hand.
