COMMERCIAL INTELLIGENCE.

Oamaru Mail, Volume III, Issue 645, 28 May 1878, Page 2

COMMERCIAL INTELLIGENCE.

eoMMETu: ia r, n f.l'obct. Evemm; Jlak, Office, Tuesday afternoon. The grain market is in a state of stagnat'nm. as storey are all fitlL and export nrd-rs are almost nil. Wheat is largely by merchants* milters, and farmers: but English reports ti> hand have held, nut littte inducement to ship. Con*, qiiently, holders of stocks are indisposed to make further purchases. For wheat the quotations ar« Alto 4s 3d for prime milling and seed._ and this may be considered as mereLy nominal. Ostta are in fair demand at 3s -d to 3s 4d for good strong feedingand milling respectively. KarleV in in good demand at 4s ♦id to 4s 9d for prime malting, but holders are not inclined to accept this price, and no sales are being made. Flour is quoted by millers at Lli to lilt tOs, with a fair amount of order? to hi»n<l at above quotation. Oatmeal is in good demand at LI& to per ton. Kran bat) advanced to L 4 in consequence of the increased local and outside demand. IvNGLIS 1 r COM MKUCIAL. [iir c.vr.'.E.j The New Zealand Loan and Mercantile Agency reports, under date London. May ■ Tile wool sales progress lirmly ; lamb's wool firm. iTp to date, 5J1.000 bales were gold. Tallow dull ; beef, ."IJs. (id. :_muttott, 3Sa. 6d. Wheat market quiet : New Zealand. 4i)s. .Leather flat : JSUU Australian sides sold since last report; best sides., rough. Ojd. The principal advance has b«eu in medium and inferior washed woofs. Lonpos. May Consols. ( J'"' Bank rate. 3 per eentMarket, per cent. Adelaide wheat, ;>»s. to 5iK : ttoiir. 2y». v<incc the opening sail 3. #I,BOO baleri of w e.ol have been uttered. The •lecliufl at the opening h;u siiu;e recovered, •xcept for erosa-breds.