COMMERCIAL INTELLIGENCE.
Mr. Donald Stronach (on behalf of the New Zealand Loan and Mercantile Agency Company, limited) reports for the week ending 10th March as follows Fat Ciittle. —At the Burnside Yards to-day 163 head were yarded. Though the supply was not excessive, last week's prices were not supported. Quotations realised were 15 7s 6d to I*lo 10s per head for bullocks, and IA 17s 6d to LS for cows—or about 223 6<l per JOOtb. We shall offer at the Mosgiel Yards on Thursday, the ISth inst., a prime lot of bollocks and spayed cows, fat and three-quarters fat, from the West Plains Estate. Fat Sheep.—2l6l were penned, but the demand was very languid, the trade apparently beinz full, and" a few pens were withdrawn. Itie sales effected were up to 9s 9d per head, late quotation of per lb. being barely maintained. Fat Lamb?. —There was a better demand Tor lambs, and the 463 offered were readily sold at from 5a to 7s 6d per head. "We disposed of 71 head on account of Mr. William •Shand, at 6s 9d and 7s 6d. Store Sheep.—The demand for both merinos and croas-breds continues active at late quotations. Since our last report of sales we have placed 11,300 merinos thereat. ' Sheepskins.—At our weekly auction on Monday we cleared a moderately-sized catalogue at very good prices, with spirited competition. Crr»s-bred3 realised up to 5s 2d, merinos up to 5s each; station skin 3 in bales sold up to 7id per lb. Hides. —Inquiry is still in excess of the supply. We can place readily any lot at previous quotation—2oß for butchers* green hides.
Tallow.—We have no transactions to report. Grain.—Wheat continues in fair demand at about late quotations. We have sold 23S bags at auction during the week, at 2s to 3s for fowls* feed, and 4s for milling. We have not heard of any transactions in the new crop, but the market will probably open at 4a to 4s 6d per busheL Oats have still a downward tendency, and sales are reported at Is 6d and la 7d for old oats. Barley.— "No demand, except for prime samples. New malting may be quoted at 3s 6d to 4s, and milling 3s to 3s 6d, at sales have transpired. Secondary and inferior qualities are unsaleable.
Messrs. Maclean and Co. report:— Grain.—Wheat: Prime milling is in good demand, with a few lots offering, bat there is no change in prices to report. We have sold during the week a parcel of good milling at 4a 7d. Oats: Old oats are in demand for feed at Is 7d to 13 9d. We have no sales of the new crop to report. Barley: The market is folly supplied, and prices are inclined to recede. We qoote malting at 4s to 4s 3d. TV e shall offer on Monday first, the 15th inst., at 11 o'clock, 600 bags of wheat, oats, and barley.
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Bibliographic details
Oamaru Mail, Volume IV, Issue 1217, 11 March 1880, Page 2
Word Count
487COMMERCIAL INTELLIGENCE. Oamaru Mail, Volume IV, Issue 1217, 11 March 1880, Page 2
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