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COMMERCIAL INTELLIGENCE.

'•(." M'.NEKK'S KF.PORT. Mr. A H. M;ut.l • report* that he held a sale of landing crops, now growing at North Wataki, at hi* stores, Harbour-street, yesterday. There was a small attendance, but the biddintr was moderately-spirited. Tlie first lot, consisting of 45 acres oats, wa3 knocked down at L2 17s Sd per acre. The second, consisting of 53v 2r. under wheat, 7Sia of oat?, and 54a of barley, altogether 186 a Ir, was knocked down at L 3 6*3 per acre. _ Lot 3—69 a self-sown wheat and oats, mixed, bronght 10< per acre. He also sold a bnggy, LIS 10s ; quantity of harness at low rates ; 2 reapers, at 1,15 and L 5 respectively; donblf-'nrrow plough, L 4 as; set iron harrows, L 3 7a Sd ; and niiscellaneons lots, at fair rates. COMMERCIAL NI-.WS BY THE MAIL. London', December 13. Woot.—New Zealand superior fleece, Is <3d to 2s Id ; sconrtd. Is 9d to 2a 2d ; greasy, Is Id to la 3d ; extra, 2s 4d to 2s 4Jd. Average to good fleece : Is 5Ad to Is Sd ; scoured. Is S.Jd ; greasy, lid to 12kl. Superior fleece, Is 2d to Is 5d ; scoured, Is 3d to Is Sd ; greasy, Sd to lOd. New Zealand rive per cent, consols, IOSh to to7s : ditto four and a half, 9S.{ to 9Si : National Bank of New Zealand. ■} to J premium ; New Zealand, 26.U1 to 27£ d : City of Christchurch debentures, 10« to IOS; City of Dunedin ditto, 107 to 109 ; New Zealand Loan and Mercantile, 3 to 4 preminm ; New Zealand Trust and Loan, 4 to 4A preminm ; Otago and Southland Investment, A to J premium ; Otago Harbour Board, 105 to 107. Wheat.—New Zealand best, 4Ss to o2s; ditto inferior, 35s to 4Ss. Flour.—New Zealand, nominal, 35s to 38s. The market for all descriptions of hemp has continued steady during the month. Holders show no disposition to part with their stocks except at an advanced price. Very little New Zealand offering, the entire stock being bronght into a narrow compass. The sales comprise 40 bales, ranging from L2S 5* to L2ff 10a. New Zealand produce moves bnt slowly, there being fittt« demand for better conditioned parcels. The only arrival from New Zea'atvf is-the Anne Gambles, from Auckland, with 735 bag* wheat. Sax Francisco, December 31. Wheat sales include 450,000 pounds at 19.J and 34 for spring. Sperm candles, 25c to _l oc. Coat—Australian, 7dol. to 7dol. 50c per ton ; petroleum, Devoe's screw cans, 26ie i Farccet cans. 2Sc. Flour—Shipping extra, (Mot. to Sdol. 75c : bakers' and family. 7dol. 50c ; super, odol to Sdol 50c, nil according to brand, quantity, and terms of payment. (Vita—Fend. Idol. 70c to Idol 95c ; milling, 2dol. to 2d«l. 15c. Bostox. Wool market firm ; transactions fairly large, but manufacturers are not disposed to increase their stocks. Sales of Calrfomian large, at from Isc to 20Ae. the latter for ch'ice lots. Chicago. Wheat, after being firm, has dropped: prices are Idol S.*c co Idol tic. Corn lower, and gradually declining. Latest quotations. 4t.Jc 'O 43.Jc. Oat 3 itnsettled, at 23Ac to 24Jf. Barley, 57c. New York. Markets weak, owing to the holidays. In some kinds of produce there are increased exports, based npon the warlike advices from Europe. Large purchases of grain. beef, pork, and mntton, for England, are interperted as indications of the involvment of Great Britain in war. At the New Bedford sates 2500 bandies crude sperm 3 sold at Idol. 13c to Idol. 13Ac.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/OAM18780124.2.4

Bibliographic details

Oamaru Mail, Volume II, Issue 540, 24 January 1878, Page 2

Word Count
576

COMMERCIAL INTELLIGENCE. Oamaru Mail, Volume II, Issue 540, 24 January 1878, Page 2

COMMERCIAL INTELLIGENCE. Oamaru Mail, Volume II, Issue 540, 24 January 1878, Page 2

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