COMMERCIAL INTELLIGENCE.

Oamaru Mail, Volume III, Issue 624, 3 May 1878, Page 2

COMMERCIAL INTELLIGENCE.

AurnoNFßiss' rkfort. Messrs. Fleming and Hedley report tha thev held a sale of .-tore prg* at the farm n H. Honour. K.-q.. R.imdary Cre-fc.™ Wen nesday last. Mav t. The attendance o hnver* was fair, and prices obtained yen satisfactory. Sows fetched 1.3 toU 10, Btores, mixed sexes, from 10s to _.'s weane-s, fo* fid. About 158 pigs wtr auctioned. # COMMERCIAL CABLEGRAMS. (RErTER's TELEtiP-A.MS, PER PRESS AOENCY. London. April -0. Consols, rate of discount and seeuritie unchanged. Adelaide wheat, 59s to «la : flour, 40 to 425. . ♦ DUNEDIN MARKETS. Mr Henry Driver reports as follows to the week ending May I :—" We have re ceived from our London ofhce a telegraii dated 2Uh April. Wool market unchanged There is a little private inquiry. Catalogue to hand this day per Suez give a little mnn light into the opening rates of the hrstsene of wool sales in London. 187 S. Combmgreasv fleeces, merino, antl cross-breds tim m„,t "favor, and f-how a higher level than tin close of November, whilst clothing an. scoured sorts are both lower and ver irregular in price.-. We note for encourage ment of tine woolgrowers that some of th choice clips of the Western District of \ ic toria range from Is 7d to Is ltd in grease The oldest wooltirower m the Colonies ho: •not. before i.oro' the.-e prices for wool It grease. We ofF.'ied a small catalogue of lat< dips at the Company's stores on Thursday list We -old •_*nt> bales at very satisfactory rate's—greasy tteece 1M to 10U per lb." M».<wrs M'Lean brothers report for th( week ending May t as follows :-•' Wheal is now arriving freely, brtt the market is •tagnant. sales during the week being con fined to a few hundred sacks, at from 4.-, •-< to 4s 4d. Villersare only Hiving tomecl immediate requirements, and there is n< demand for export at the prices demamtet by holders, bv whom concessions will havt to be made before bitdness- can result. \\ t (.note present selling value of ordinary t' good grain, 4s t.l to 4s 3d : interior, 3s 0, to 3s t«d. Barley of prime matting tpialitj is in request at up" to "is G'd ; ordinary malt ing. 4s tfd to 5s : feed and milling at 3s (». to 4.). Oats meet with a fair demand, a! from 3» 3d for inferior teed tip to 3s 4id tt 3s t?d for prime feed and milling respec tivety." MELBOURNE HUM'S MARKET. Messrs. J. il. (.'Hugh and Co. report on April I' 4 : . , , • Wheat—There has been a fair trade doing, and our sales h ive t» en—For medium, 4s S.t to 5s 2d, and for superior lots, 5s 4d to 5s fid , ~ Flour—We have sold at Lit 10s to Lit O^., —There is a fair demand at the following prices, viz. : For Tasmanian (good quality). -*s 4d to 4s IM : feed, 4s 3d to 4s Gd : and milling. 4s Vd to ss. Maize—There is a good demand at present at the following rates— Is 3d to 4s Sd. Barley 'there is a fair demand, and good milling "is worth 5s b\t to 5s 9d. . *- ■ LONDnX WOOL SALES. Messrs. Cargitts, Oil bs. and Co. have received the to lowing communication trom the tendon Manager of the Australian Mortgage Land and Finance Cotupany ■(Limited), dated London. 14th March. ISTS : " •'•The first series of London public wool sates for the present year commenced nn the -JTKthult.. attended by a very large number of both Home and foreign buyers. "Competition was very keen, and the Continental trade-having many wants which required prompt supply, purchased very largely. "Combing wonts, both tteece- and grease, were consequently in brisk demand, and .realised particularly good prices, extreme ■r-t.-i» being obtained for sonic of the fc'avunte •lip*. , ~ , Jross-bred wooTs were Id to 2d cheaper tharTin' February la.-t year, but the prices paid for other sorts of Australian woofs were about on a par with the rates ruling m the sales twelve months ago. "•the most pressing requirements ot the foreign trade having been satisfied, the last few days have seen rather a leas lively tone in the market, combing wools barely holding their ground. The demand for good crossbred* has improved, but they are still selling at low prices. Scourtd sorts fetched only moderate rates at the opening, but r.re n >w rather better. . "'Hie total quantities available for sale durini: this s, ries itha' K old stock and r:ew arrha's le-> «li.it In U-u forwar.leil .iirect to tin consumer.-! in-e •.".■.i-.K)Ub..b-s, of winch •_'l:.").(i(it ' a-.c u i.:ali.;ii. •' Co <" t' e '.i;ii in t. ; !.c'ns:vo tin re have liec:i e-itii! -u ti T3.4(i7 i -a.es. if wlii-dt 'SiW have let :. \i itl'nli awti. •• As at |.i-e cut arranged, the series will dost* on the 'Jth. April."