COMMERCIAL INTELLIGENCE.

Oamaru Mail, Volume IV, Issue 1319, 3 July 1880, Page 2

COMMERCIAL INTELLIGENCE.

AUCTIONEER'S REPORT.

Messrs Conaell and Clowes held the first of their fortnightly sales of fat and store yfyHr at M'Kay's yards, yesterday. The attendance was large, and the bidding throughout was fair. The following were the sales: On account of Mr. H. Roxburgh, 430 fat merino wethers (medinm qualities), at 8s sd; 261 store merino wethers, 5s 2d; on account of the New Zealand and Australian f Co., 300 fat half-breds at 123 6d, and 20 fat heifers at LS lis; on account of J. S.'Holmes, Esq., 10 head fat cattle, 1,8 10s; on account of Mr. Lawson, 5 fat COWB at L 6 17s 6d. and on account of Mr. Hall 4 head cows at La 12s 6d. We quote prime beef at 25s - medium, 20s to 22s 6d; prime mntton, 2|d per lb.

DUNEDIN. [by telegraph. I July 2. Wheat, 3s 6d to 3s lOd; fowls' wheat, 2s 6d to 3s ; oats, Is 3d to Is 4d ; milling, Is sd; barley, 3s 6d to 3s lOd; feed, 23 6d to 3a; potatoes, 12 ss; old hay, L 4; new hay, I*3» chaff, L 3; straw, I*2; bran, L 3 ; pollard, IA; flour, large sack 3, L 9 20s to LlO ; oatmeal, L 9 10s : pearl barley, T.on ; onions, 7s; new cheese, 5d ; bacon, rolled, lOd; do, sides, lOd; hams, Is; prime fat beef, 27s 6d; mutton. 3d. AUCKLAND. (by telegraph.) July 2. Business has been qniet during the week. Vaize is steady, and quotations are lower than laat week. The price of oats is unaltered. Canterbury potatoes are firmer, and the local rates have risen 5s per ton. TIMAKU. To-day's Herald reports :—The weather the past week has been very unsettled, and ha 3 greatly interfered with fawnntr operations. The grain markets are qniet, out considerable quantities of wheat are coming forward for direct shipment on growers' account. Judging by the quantity of land already put down to crop, next year's yield should be well above the past oneV. The nominal current quotations for grain are—wheat, 23 lOd to 3s Id; oats, Is ; hurley, 3s. _ MELBOURNE. The Argus of the 23rd nit. supplies the following Breadstuffe are still moving off alowly, any demand experienced being confined to supplying local wants. At the Exchange auction rooms about 1500 bags of wheat were cleared off at prices ranging from 3s 2id to 4s 2d, and 4s 3d to 43 4Ad; one exceptional sale of a small lot being made at 4s sd. Outside auction sales were made, about 1000 bag 3 being quitted at 3a 6d to 33 IOSd, and 4s to 4s sd. Flour maintains our quotation of L 9 5s to L 9 7s 6d. In feeding grains, oat 3 have been more noticed. A line of 700 bags Victorian milling has been placed at 2s 5d ; for prime New Zealand 2s 8d is asked. Feeding have iwn sold privately at Is lid to 2s Id. Maize Ims improved considerably; about 400 bags farad buyers at 2s Sd to 2s 9d. Feeding barley was disposed of at 2s Id to 23 3£d.

AUSTRALIAN" COMMERCIAL. (BT CABLE.) Adeliajde, July 2. Wlieat, 4s, with a downward tendency, which is expected to reach 2d or 3d. ENGLISH COMMERCIAL. •jlfoaarg Miles, Bros. and Co. report, under date May 20:— Wool.—There was rather an inanimate feelingm the trade immediately previous to the Whitsuntide holidays, for which the sales were suspended from May 15 to IS, and prices ruled about on a par with March ntes, cxoss-breds excepted, which were quoted lower; but on their being resumed yesterday a better tone was noticable, the biddings showing more spirit, and our Home trade operating rather more freely than they fciT hitherto done. By the advices received tMg morning from France, there appears to Ijc a disposition on the part of the mill owners in the woollen districts there to come to some arrangement with the men. The present series of sales has been curtailed, and will now dose on June 8 instead of 12. The arrivals tor the August sales are : Bales. .New South Wales & Queensland 10,557 "Victoria 15,00S Sooth Australia 7,000 Tasmania ... ... ... ... 3,462 New Zealand 19,131 Cape 17,620 Total 73,712 I Wheat and Flour.—Our wheat market has been rather firm during the past fortnight, • revival of the Continental demand having checked the downward movement which we advised in our last, and prices are now unaltered. Arrivals have been light, but heavy shipments both for this country and the Continent are on their way from America, where the harvest prospects are good, and offers of the new crop for June-July shipments are made at 45s per 4Solbs, or 4s below present values. The available supply there n estimated at 2,650,000 qrs. Australian wheat off the coast has been selling at 62s 6d to 53s for France. In New Zealand a cargo for prompt shipment has been placed at43tc.L and i. to United Kingdom, and the quantity in store here is rather limited. We quote South Australian and Victorian .wheat, 52a 6d to 535, and New Zealand 48s to 52b, per 49fflba. Australian flour, 36s to 38s, and New Zealand, 343 to 3Cs, per 2Solbs. Tallow and Hides.—The market for Jtaswan tallow has been quiet since our last. T.E. is now quoted at 425, showing a decline Of Gd per cwt. Australian tallow, however, i* sow in good demand, and has advanced about Is per cwt, the prices now being for gpod to very fine mutton, 3.'te 6d to 355, and tmr to fin* beef 31s fid to 335. The stock Gyd&y in importers* hands is about 8500 casks. There have been no public sales of since May 6, but about 3000 of these bought in (heavies), have been placed at late rats*. i We quote heavy ox 5d to s£d, and light and cows, 4|d to ad per lb. Preserved Meats.—The importations of ****** meats have been large, but owing to increased' "consaroptions stocks are not exrtitslTTt - There is a better demand for most opmpressed beef in large tins is •djjng yerjr freely. Jfae arrivals of fresh vnt"fton Amend have been and, (raalise ggod prices, oar home -sspplies beingfgr the present limited.