COMMERCIAL.

Oamaru Mail, Volume IV, Issue 1033, 12 August 1879, Page 1 (Supplement)

COMMERCIAL.

f ß consider it very desirable that full ami rariud ruports of markets should appear roi/nlarly every month,, and we cordially invito »U who are engaged, iu business cu/muiitud with live stoelc. wool, gram, or W u(!s, to send us two days previous to pub;ijcationanacuoant of their transactions for i tlio mouth. |

NEW ZEALAND.

O AMARU. Zealant> Ac-turcr.Trß.tsT Otfice, MoM'.vy Kvivntni;. tlw senaon is now fast closing, and. as a •nial consequence, there is little business mijtlone. A fair amount of wheat still mains in growers' hands, but few sales are ling ulleuted owing to growers and dealers llnif of very different opinions as to the lc u that should be given. £<» Far as we 11 Irani. the amount stilt held is somewhat fxccss of local requirements, and markets ill have So bo found for the surplus, the Hqne Dunkeld it was at one time expected wild loud up here for Homo, but owing to • ( prieu demanded for wheat. those who ([l , prepared to load t.'.e vessel had to jjinlon the idea, and t..' ' Dunkeld having . e ii liullasted will shortly depart cargolcss. jii'u have said, little is doing in the gram aikut. The highest prices offering for 'Wtaru from 4s up to 4s 3d. according to a lity, and at these prices small parcels jv/llft'ii (tuitted: but holders are not jieolly disposed to accept less than 4s (id. I'shioli price dealers decline to operate, life to see a market for wheat at that rate. iMMg wheat for seed purposes a good fee* exists at up to "is per bushel, as a (fi'Xtunt of land formerly intended for 3.1 ml barley is being sown with wheat irnijj to the improved prospects of tne Oats are completely stagnant. Targe liautitiux are still held, both by merchants ill producers, but there is no outside i.nwml. The quotations are so low in the ..ati'iiliuu markets that shipment abroad is ilt «/ thu nuestiou. ;unl, iu fac.i, advices atu fcitae consignments already in the other llonirH »r« unsaleable, except at a loss. As W siuison has wo far advanced, there is no ospiM'.t of improvement, as the eonsurup(ii w daily decreasing owing to spring feed k'onii]ii£ plentiful. W'e quote feed and illing I* M to -s respectively. NV.'irly the whole of last season's barley ulmim disposed of. and very little is held, teru is a fair inquiry, and ."is is oHercd for lltilil} samples, and higher rates could be Cainuil for prime samples, ill" potatoes the stocks held arc not lary.e, \\ tllu demand has slackened somewhat. van go from Lo to Lti- per ton. fiupiote wholesale prices for other prot.in follow :-- 'jnr, LlO 10 stoLI I. ki, L 4 IDs. .'nllanl. Lo 10s. '■in'ots, L.'!. 'intf, oaten hay, L 4 : straw, 17J NK "(111 peas, 5s ier bushel. tons, '.M to 3d per lb. ihins and bacon (in cloth). I()d to Is. llu'osr, !)d. j'lttur, fresh Is (id ; salt Is lid. Vgs, Is till to Is !'ll. Dt'NI'IPIN". !tosvs VV. Lees and Co., of the Punedin hi Kxehangw, street, report for the limiting Sth i»»t., as follows : v iimt.-- -'l'hero has h«*« an active demand '■rlii'Ht of all descriptions this week, both * focal milium and for expo+'fc, At advanced ».<. lilies of prime Southern ha.ve been Uo at 4a (id. and Northern at -ts M; inferior to medium, 4s -d to 4s-'d. 4 wheat has advanced 3d .)<■ r bushel. llitvu been made at »>d to .is <d for ■I. liown to -» !>d for broken and seedy, its Imve buen very quiet through the ; not many ottering, and small dotl. (lootl feed' being 'Js to -'s Id : milling, .'■i; sued, gooit inquiry, from -s 3d to ('■i. Union halt Market.—Potatoes have been :; ill supply, from which the tradn have •tt'il themselves, at .£■"> 3» to £■< It's per l '(May ar> tons sold at auction brought •• CI pur tou. The market closes weak. ; 'w. uf prime quality, is much wanted. I'.tII) ; inferior and medium, unsaleable : '■t', jjooil demand, Td to .**d per lb : bacon (in c:ire:i»»), medium weights, 4 t M to ."id : Im'f, -7s Od.

OKRiHTCHtrmf. [•» weather continues most favorable tor. work, unit farmers ace niakinjf every to got as targe an acreage under crop i%i!)le. tfi is very probable that the Ntity of spring wheat wilt largely exceed any previous year, and seeinsf that fflf invariably a variety of the Tuscan tfl has recently sold at such a high

the London market, it is< a matter that more of this particular Ny is buing grown. Business geneva!ly pilot lieen very brink during the week, small sales of prime milling wheat 'ii'itn made at up to ts "d, and for fair pwy quality at <M.. Broken grain for >1; is in demand, but there is none Flour is in fair trade demand at Lit. f.0.b., according to brand and °> [Mrccl. The bulk of present shipl*'* 'U'l 1 , however. sales made prior to the rwlviuiuit. Seeing that we have made a Nonui'iiumt in an export trade to IVru. r following may be of interest to our Jws. Advances from Lima to April --tth 7-''Owing to the declaration made by I'"'Vttriiment of t'hiti to the ell'eet that '■'""iimrcial intercourse is interdicted with f"/ an important deem* hiw been made ''le I>y Ciovernment, reducing the ""Bis tariff 30- per cent, on all breadstutls ' otlim* artichu) formerly received from but now to be supplied from other principally from California,. Naw

Ze.ata.nd. and Australia.." Oats are stow of sale. and southern fanner* art* trying to elfeet Ail«s in this market. Feeding sorts c.mriot bo quoted overl's "d. and b--.it milling •_'s Til. Isarl«y r»f malting " readily saleable at ~>s •»,.[ to Uit lower grades art; difficult toftear. and art various ly quoted at from. &t !)il to ~>s M<l- Potatoes i:i>iif.itui'■ sateabte at L." .~s to L-" tOs at cotintry railway stations ; tlu- demand in not. In>\v»-vit. .to keen as it was a work ago. 1 .utter anit cheese are in ample supply to meet twisting demand. at !'<l and .~.[d respectively. Tht' advance lias to some extent checked the demand for hams and bacon, Imt this wilt no doubt enrue all right in a short time, as stocks art' not heavy. Ctirers quote hams, bare. lOA 11 ; bacon. bare. Sit : ami hams anit bacon, hare. with a OAd extra if put in ctoth. WKLLIXtrrON". Oeorge Thomas reports produce prices as follows :—Adelaide Hour. Ll-t to Ll-f 10s : colouiat. 10s to Ltt>: feed oats, "2s fit; seed, :!s. firm : bran. !>d to 10d. no sale : wheat, fowl feed, 3s lid : maize, -fs : potatoes. r.."> to r.r» ;"s in good demand: hams. i'Ad. bacon Sd ; cheese, fid. butter, ltd to Is: pollard. Ll> tOs per ton. AH KLAN'D. Ti*. (i. W. I'.inney reports fates continue the same as ta-t week. Canterbury ttour, LI-' Ids; Adelaide. Lit tOs ; potatoes. Lt> : oats, *_'s fid to *>s : cheese, fi I : maize, "s !0.l : hams ami bacon. I'd : pearl barley. L-< l>s : Ameri.'an onions, -[d per H> : unions, local. 'Jil ; pollard, [."> l-~s.

AUSTRALIA.

MKLBOI'KXK. The " Argus" of July -'.'ill reports : —ln hreadstulfs a quieter fcelinir jmvvsmlh to-day. and though quotations of Hour are maintained at LI'J IDs to LI- t.'s. no inquiry is experienced, and no sales are reported. Wheat is easier. We do not quote over lis Id as the price likely to be taken tor prime. We understand that lis was olT'ercd and refused. Supplies of wtie.it and ttour are mi a larger scale again. Oats are moving slowly at 3s 2d to lis 4>l for feeding. Maize is going otr freely for trade purposes at our quotation or :;s 3d. Three hundred bag* Xew Zealand malting barley have been sold at lis t>d. SYPXKV. The Town and I 'ouufry .f..uris.il the •_Vith -luly reports as foilov. i : " Sydney mills Hour, since la.it report, has r.-lv.-.n.:. d llHs [), ;• ton, and li»M.-rs remain lis sn : .-npevI'ine qualities. Ll'J to f.l'J lII* r» r tori : Adelaide tlonr at I.t:'., town t..r* : country. at LIU to [J'J Ills. Whei't. to ."s lU per liushcl : Adelaide wh"at. ."n !»d : NV«- Zealand Is tid to .w : trade at ill" advance very dull. I'.rau, Is Id per Im.-hel : pollard. Is Id pec Inishe!. Potato-.-., I>»g< included. 1 iest saiuoles. ."s to (is I'd pe|- i".vt.. interior. 4s lid to V< tIM. A large ,f,e! of po ta toe - on hand at railway in c Ta.--uiaiii.au [i"ta!;oe.s at. f.ii UK» t"ri: »'olonial at 1.4 10 to L." IDs : New Zeal and at L~> to 1..' IDs.

UNKNOWN

LON'PON". >[►•»•<rs. Milt** Urns, run! ('o.. report on the Knu'l'sh market for I '"l'Uiial produce miilt'r 11ti' .run'' I'.'. .as r"!!-: - The wool market continue* t» w-ftl attended. 1 >ut the t'i'tupe ti tiou i-i chiefly supported l.y th« tierruau buyers. «rh<> aiv operating freely. ami thf {Miruii;w«. , <ion French account have also been rather larger lately. ; With the exception of superior tfcoumt Australian and r.-ipo wools, which are slightly lirmcr. most, descriptions arc bringing |>o<>r l«rit*«*s> i inferior Adelaide. in pv.v*», low cross-breds, ami certain of clothing ttecee wools being heavy of sate. Tin- series wilt dose to-morp>w, and it is estimated that SO,HOI) bales will be held over tor future sates. The arrival* for August are,, to date—• Bates New South Wales and Queensland ... S»M>OS Victoria... ... ... South Australia ... ... ... II Western Australia .. ... Tasmania ... ... ... l-.ed-> New Zealand ... ... .. M>.HC> Cape of Uood Elope ... ... -->,^B* Total IMAM wfCK.vt: am> FC.nrt:. There, has been no alteration in the state of our wheat market since our fast, for although our harvest will probably be a mouth late,, and in the ordinary course of events prices should, lie several shillings per quarter lower, yet the apparently inexhaustible supplies in America prevent any permanent advance, for as soon as our ma rket strengthen:!, heavy shipments are immediately made and prices weaken again. Advices from the L'nited States report favorable prospects for the ru>\t harvest, therefore holders of old stocks there are naturally desirous of effecting sales w hen opportunity offers. There is stdt a goo,t Continental demand, and prices are not likely to go tower. The Hesperus with M U> quarters. Port Pirie and tternoru Lehenkubet with S£*>o quarters have both been aotd for Havre, the former at -Mis Hit, and the tatter at -Uh 3d. Of the recent imports into London those from Victoria have been superior in quality to the South Australian shipments, and have realised higher values. Some of the New ZeaUnd wheat of the new crop tately to hand h»s been of good quality ami excellent condition, It ha* commanded considerable attention in our corn market. having realised up to t.h tor •tWtb. VU qnoie to-day ex granary: —Australian wheat. -17* 60 \"ew Zealand,. ft>» to f.Ss for : Australian flour. -?s to ;v_'s : Xew Zealand, '-'is to :',os per -JSOlb.. ■rvrr.nw- .wo ifrr>ES. The tallow market has b.-en quiet, and although Australia!) tallow has been in fair demand, prices have again declined, the present quotations of good to tine N't.w Zealand mutton being lUs f>d to :;:ls ; beet, Tills to TiOs yd per cwt. The arvivati from the Cotoi.ies have been targe during the past fortnight. and the stock of Australian this day, in" ti.st hands, is now about 7-W casks, [tides tuive been in good request, and prices, on the average, are f;;tty ts S.t higher. the vatue to-day for heavy being lUI to -IJil; tight ox and cows, -t'd to -{M per lt>. PRf>ERVKt» HK.Vr*. There is still a fair demand for tinned meats, both, beef and mutton, but prices ito not show mttub alteration. The shipments of fresh roeata from .America have been rather heavier during the paat fortnight.