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COMMERCIAL INTELLIGENCE.

AUCTIONEERS' REPORT. Messrs. Fleming and Hedley report that today they held a sale of freehold property, horses, oats, rye grass seed, and potatoes, on ' account of. various vendors. There was a very ij.V<-i"vt;ii.iii.ai.(=. F..rtu-!fi-.i-mor HO-cr*. t jut. Jac o«-ci; l )a;t.)n of I'.lr. li.-ttaiby, i. )re were otFers up to LD; but this not ii iching vendor's reserviythe property was w hdrawn. at Lit). The horses of Mr. Ulevre did not put in an appearance, and consequently the sale advertised lapsed. For Mr. (ribbon's rye grass seed, of inferior quality, there were buyers from 2d 7«l to 3» 4d. For Mr. John Turnbull'a oats there was good competition—seconds selling at 2s DJd, and rir«ts at 3-» 101 ; bags, lid. The chaff sold at 50s per ton in one lot. Mr. OrOeentteld reports that he held a sale of bacon, drapery, clocks, Ac, to-day, at hta auction, mart, Tyne atreat. The attendance was larger, but bidding not at all spirited. Last year's bacon fetched from 4§d to 5d per lb. One mangle fetched L2 103. The drapery and clocks were not .sold. DUNEDIN. TbY TEt.EORAPH.I July 5. Produce report :—Oats, 3s lOd ; wheat, 4s ; barley, 5a to 5s fid ; pollard, L 5 10s ; flour, LI I ; oatmeal. L2t>; potatoes, L 3 lOj. CTIRfSTfHURrH. [BY TELEIiKAPK.] July 6. The Christchnrch grain market is a sh:\de firmer. A thousand sacks of wheat sold at 4.i 7d f.o.b. at Ly ttolton ; 4* Sd to 43 Od is the current value for small parcels. Several vessels are likely to load, which will strengthen the value of oats to 4s ; barley, 6s fid ; flour, £l2 to £l3; bran. £5 ss; sharp?, £6 6s; cheese, 6sd ; butter, lid; hams and bacon, 7§d ; potatoes, £3 10. TIMARU. (From the Timaru Herald of to-day.) "Wheat continues very dull, and the market is without the slightest signs of activity. Oats are stilt firm, and the best are quoted np to 3i Sd ; inferior, 2s lOd. Some few parcels of barley have changed hands at 4s, but the nominal price is 3s 6d to 3d ad. AUCKLAND. £UY TEI.EI-.RAPH.] July 5. Mr. Buekland reports :—Fat cattle, usual number, good quality, 35* per 10Mb. ; medium, 27s fid ; sheep and pigs in less numbers than usual. There is an improvement in prices, and good inquiry for store grown cattle. Share Market-—Bank of New Zealand, buyers. L 23 6s fid ; Colonial do., buyers, 55s fid. Insurance —New Zealand, buyers. 92s fid ; sellers, 95+; South British, buyers, 67s 6d ; sellers, 70* ; National, buyers, 275; Guthrie and Larnach's. sellers. 57s fid ; New Zealand Loan (new), buyers, 67a 6d ; sellers, 70»; Moanatairi, fiss fid and 665; Caledonians, SOs.

»- AUSTRALIAN COMMERCIAL. .»•-, ... (BY CABLK.) Stdsbt, July 5. Brandy and feerosene are unchanged ; rice, L 24 10a ; tobacco, sugar, and candles are unchanged. Adelaide, July 5. Floor, LI2 lOs ; wheat, 5s I*d. g MELBOURNE GKAIN MARKF.T. (From the Australasian, June 29.) The breadstriffs market has been characterised! \r dulneas, the demand having been almost coiitined to trade wants, and in prices we have no change to report. Floor haa Averaged from LI I 5s to LI I U)s, onr quotation also to-day. At the first-named price, *«wral 10-t«>n parcels were sotd on Monday. On Tuesday, the tone seemed firmer, and various prreels wrp* quitted under the hammer at LI I ss, at which price also sales have been reported to-day. Wheat has been daily ruported firm at Sa 4d to 5s sd. On Monday a dmall lot was placed atss4Jd. At auction, k on Tuesday, 5a 4£d was bid for fins wheat, m .. ' but, holders' limits being higher, no sales ■ were effected. Millers, however,were buyers, and offered Sa 4d freely, without Leading to business. To-day, 800 bags were sold pri- * vately at a price withheld ; and at auction 360 bags, fair to medium, were disposed of l at 5s Wto 5s 2§d, "Wo quote the market dull at up to 5s sd. Oats are quieter, and ■ owners find more difficulty in making sales. H Quotations for Tasmanian and New Zealand axe still maintained, notwithstanding tbat HLyictorian descriptions appear to be selling lower rates. For New Zealand, 5s 2d to 3d is required. Feeding, good to fine, V nave been placed at 4s lid to 5s Id. At.aus- * *i«n, on. Tuesday, 2,000 bushels were djs-J posed of, when New Zealand brought 5s 2d, Tasmanian were sold at 4s Sd, and Victorian ' j* 4a 6& to 4s 9d. To-day, I,ooobags New %lknd were disposed of at4a lid, & Id, and ' .63 3d,accordingtoqnality. Mam has moved : *' *<tf*C**d%at4«6ttaad4*7d,lmtto-daywa I i : .. .'-V. iln ■ -H._ - ■-:•*>» ■•■ •' ;l ' '"'>.»'" v ...

do not quote over 4s 6d, at which price sales are making. A line of 500 bags malting barley has changed hands on private terms. A small parcel of Victorian, was also disposed of by auction on Tuesday at 6s 9d. A large business has been done in bran, chiefly for export; 7,000 bushels have been taken up at Is 2d, and 3,000 bu«hels at Is 2Jd. Pearl I barley commands L3O; Victorian oatmeal, L 29.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/OAM18780706.2.4

Bibliographic details

Oamaru Mail, Volume III, Issue 719, 6 July 1878, Page 2

Word Count
838

COMMERCIAL INTELLIGENCE. Oamaru Mail, Volume III, Issue 719, 6 July 1878, Page 2

COMMERCIAL INTELLIGENCE. Oamaru Mail, Volume III, Issue 719, 6 July 1878, Page 2

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