COMMERCIAL.

Manawatu Times, Volume III, Issue 108, 17 January 1880, Page 2

COMMERCIAL.

— + Chkistcuckch, .Linuarv 10. Oats.— The only business passing under notice is for home consumption, at 1/9 to 1/11. It is pretty well accepted that the opening rate 3 lor the new grain will rale much lower than for some seasons past mid the chances of improvement seem remote, unless prices nre influenced by a better demand from the Australian rpaykets On Wednesday 601 cattle, 0,588 sheep, and 48 pigs, were brought forward nt the Addingtuii yards, and there was a fair attendance of the trade. Sheep. — A large proportion of the sheep yarded were stores. .The boat mutton realised -Ik per lb. There was a large supply of fat lnmbs, but- olenrnnce was made at from 4/- to 8/6 each for best quality. Good lines of Store sheep were taken up readily at satisfactory rates, two-toothed irethers reaching 6/0, inferior downwards. Cattle. — Beef was m over supply, and a reduction m value was therefore to he submitted to. Best quality barely reached 21/---ber 100 lb ; medium brought from 19/- to 20/-; stores were m slack demand several lines being passed out unsold. Auckland, January 11. There has been no bnsine«s transacted during the week of any moment. Merchant and Btorekeep«rs alike state that things have not yet gqfc into working trim. T;he advices from England respecting the advance m galvanised iron are likely to effect the prices here, as stocks are of meagre discription, and any coming forward will have to be offered at premium upon present quotations. Holders of Gaspel Oak are accordingly asked £30. Oils are firmer m tone ; raw linseed, m drums is quoted aj; 4/3. A good demand exists for salt ; par- | eels of 5 and 10 tons are moving off at £5 Advices from Melbourne and Sydney regardnig the rise m the price of oats have 1 not effected values here, large parcels are I offered at 2/3 to 2/6. Bvan is plentiful and is offered as £0. East coast maize has nrrived, and has changed hands at 3/4 to 3/6. Potatoes are coming to hand, and are freely [ offeted as low as £4, 10/- to £5. Bank ond i insurance stocks are gradually advancing m price. __^______«_____