COMMERCIAL INTELLIGENCE.

Oamaru Mail, Volume IV, Issue 1224, 19 March 1880, Page 2

COMMERCIAL INTELLIGENCE.

PUNEDIN MARKETS. Mr. Donald Stronach (on behalf of the New Zealand Loan and Mercantile Agency Company. Limited) reports for the week ending I7th March as follows : Fat Cattle were in good supply at the Burnside Yards to-day, 214 having been offered, chiefly of medium quality, only a few being prime. Bollocks realised np to Lt E 12a fid per head, and cows np to L" 10a. The demand for medium and inferior was very slack. We d-sposed of a draft of prime bullocks on account of Mr. John Reiil, of Alltlay Bay, with good competition, at an average of LIO lis per head. We quote prime beef at 24s per 1001b, and inferior and median* at 21s to 235. We again direct the attention of dealers and the trade to the sale advertised for to-morrow at the Mosgiel Yards when we shall offer a prime lot of ■bullocks and spayed cows, fat and threequarters fat, from the West Plains Estate. Fat Sheep.—2s6S were penned, chiefly medium quality. There was a better demand, and laat week's quotation wa3 fully maintained. Cross-bred wethers realised np to 113 6d for best quality; medium cross-bred, Ts 9d to 8s 6d ; merinos, from 3a 9d to 6s 2d. We quote fully l?d per lb for best mutton. Fat Lambs.—22l were offered, and sold at from 6a 9d to 5s per head. We disposed of 70 head, on account of Mr. William Shand, at 8s 3d to 9s per head. Store Sheep.—Since last week we have placed 4600. There is no alteration in quotations to report. Wool.—-Our London office telegraphed, under date March 13th, as follows :—"The sales closed firmly at an average advance of lid to 2d on last sale prices. We expect next sales will open at about present quotations. Superior greasy ha 3 advanced lid to 2d :' scoured do, 2d to 3d; superior combing washed do, Id to l|d ; clothing washed do. Id; cross-bred greasy combing washed and scoured have improved 3d per lb. 159,000 bales have been sold; 106,000 bales have been taken for export. Locally the demand continues fair, and some parcels have changed hands privately at fully late rates; there i 3, however, but little offering. Sheepskins.—We offered a large catalogue •at our weekly auction last Monday. Competition, though fair, was scarcely equal to that of recent weeks, and prices barely reached previous level. Full-woolled skins, merino and cross-bred, fetched as each : lamb-skins up to 2s 9d; ami pelts up to Is :tod. Hides.—We have placed several parcels at qrrotations which have ruled for some weeks —say. 20s each for butchers' green hides, and per lb for wet salted, at which the demand continues unabated. Tallow.—lnquiry is fair, bat we have not •offered any during the week. Grain.—Wheat: Very little of the new 'crop is on offer as yet, and quotations can scarcely be considered established. Fine •quality will probably realise about 4s 4d. We have disposed of a parcel of fair quality ((new crop) at 4s. Stock of old in first hands is very small. Oats : There is no change to report. Sales of fair quality have been made at previous prices. The new crop is "beginning to come to hand, but we do not hear of sales. Barley: Only first-class samples command attention, and for such there is no improvement on the quotation of 4s given last week. CHKISTCHURCH. £bt teuegbjlph.] March ISBusiness in the grain market during the past week ha 3 been fairly active. Arrivals bv ra il are getting heavier, and the ships kading are being "filled up with unwonted speed. Sales to a large extent have been node during the week at equal to 4s f.o.b. in Lyttelton, and some parcels realisedld more. In numerous cases wheat is being shipped on joint venture of growers and merchants. Transactions for town delivery are reported at 3s lid to 4m, according to quality. Oats.—There has not been mnch done in •oats, growers being loth to dispose of them at the ruling rates. Feed is quoted at Is 3d to Is ad ; milling, Is Gd. Barley. Considerable sales have been "snade up to 3s 9d for fi-st-class : one or two parcels reached 3s lOd. Good malting is saleable at 3a 3d to 3s Gd. -Grass S-cd. Rye-grass is without the slightest enquiry, and to effect sales low nates have to be accepted. Flour is quoted by millers at LlO 103 to LI I, "with fair enquiry. Dairy Produce. Butter, 7d to 7sd; cheese, 4id to sd. The stock market is more animated. Mutton, best quality, 2d per lb; medium, lid to l?d. feef, 22s 6d per IOOIbs ; inferior, 18s to 20s.