The Archive · 1874

Mangrove Bark Flint Stones

—The market has been rather unsteady, and only afew transactions have been entered into. Buyers hold off, but holders do not ress wales. Cargo quotations from ship are as follows—viz., Cardiff, Tis, 11.50; English, Tls. 8.75 nominal; American, Tls. 13 nominal Sydney, neweastle, ¥.s.W., Ts. 8.50; Japan, Tis, 5.50, and Formosa, Tis, 6.75 per ton, FREIGHTS.—There is no change to note, The demand for tonnage for the Northern trade continues slack, but it is fairly active for Japan coals. The supply of shipping for coasting purposes is not over abundant.

COTTON.—Better news from the river has imparted more confidence and strength to sellers of best staple here, and prices have a rather hardening tendency at the close, The business passing during the week has not been heavy.

EXCHANGE has again been, somewhat uneettiod, rates on London having fluctuated between Gs. 11gd.and 5s, 114d. for Banke draft and 68. 0jd. a 58. 119d, for Commercial bills, with a firm tendency at the close as undernoted. Transactions are on a small scale, On India, quotations have advanced to Re, 305 a 306 for Telegraphic Transfers, and Rs. 307 for demand drafts, but busines are tiny limited. "On Hongéang, the demand for remittance is very slight, and Bank drafts are quoted 274, Private bills being nominal,

Text read from the printed page and cleaned; old type leaves the occasional error.

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