COMMERCIAL INTELLIGENCE.

Oamaru Mail, Volume IV, Issue 1319, 16 July 1880, Page 2

COMMERCIAL INTELLIGENCE.

CHRISTCHTJRCH. (bt telegraph.) July 15. The aspect of the grain market during the past week shows little difference from the preceding. The season for wheat shipments to England having almost closed, the vessels; now loading find it comparatively difficult to fill up. and are taki g barley and oats at the wht*-it rate without hesitation. It is not considered at all improvable m some quarters that homeward freights will tocxch a lower level still. Wheat.—The market has not altered dorin" the week. Good milling is saleable at 3s tJd, and for a first-class lot, 3s 7d could lie obtained. Feed samples continue abundant, and prices range between 2s and 2s Sd, according to quality. , Oats. —The better feeling noticed in last report has been maintained, and really good feeding sort are saleable at Is 3d to Is /d. Bright heavy samples of milling description find buyers at Is 3d to Is aid. The quantity offering of low feed is large, and sales of this class "are not so easy to'make at Is Id to Is 2Ad. In barley, potatoes, flonr, and dairy prodace there is nothing to record. The balk of the sheep yarded where of an excellent stamp for the butchers, who had much stronger competition than usual from graziers, and the result was a decided advance in price. One grazier alone purchased over 2000 sheep. Fat sheep realised as high as I7s 3d each, and we qaote mutton at 3d per lb. Stores were in good demand. The greater portion of the cattle yarded were of fair trade quality, and fat stock sold freely. Prime beef realised from 22s 6d to 25s per lOOlbs. Stores were in short supply and sold well. Pigs were of inferior quality, and prices had a downward tendency.

DUNEDIN MARKETS.

Mr. Donald Stronach (on behalf of the New Zealand Loan and Mercantile Agency Company (Limited) reports as follows for the week ending July 14 : Fat Cattle.—l3S head (of which 20 were stores) were yarded to-day at Bomside, and the supply being small, found ready buyers at an advance of 2s 6d per 1001b on the S'ces of last week. Bullocks fetched from to Ll4 15s, and cows L 5 to L 9 15s per bead. We quote prime beef 27s 6d per 1001b. . J Fat Sheep.—The supply to-day consisted of 2483 head, of which 500 were merinos and 1953 crossbreds- The latter fetched lis 9d to 173 3d, and the former 6s to 12s 6d per head, fully supporting last week's quotations: ' We sold on account of Messrs. T. M Henderson and Taylor 158 crossbreds at 133 6d to 143 9d; and on account of Mr. Walter Miller, 130 crossbreds at lis 9d to 17a 3d, and 29 merinos at.9s per head. We quote prime mntton 3d per lb. Wool.—We sold on Monday several small lots of various marks, as under, to fellmongers and for shipment, at fair prices considering the recent depression in the London market: —Greasy wool: W, 1 bale merino, 10£ d ; do, 1 do crossbred, 9|d ; SWP, 1 do broken fleece, 6kl; PC, 2do pieces, 6Jd; do, li do locks, skl; JBB in triangle, 1 do merino and crossbred. lOd : 1 do crossbred pieces, 5-^d; do, 1 do locks, 4Jd; ED in square, 3 do merino, Sid ; BB in triangle, 7 do merino, JOJd; do, I do crossbred ; 9hd ; do, 1 do locks and pieces, 4|d. Scoured wool ; ATHY, 8 bales crossbi-ed, Is Gd ; do, 4 do, Js BJd; do, 1 do locks, lO^d; and sundry bag 3. Sheepskins.—At our usual weekly auction we cleared a full catalogue with good competition. Prices obtained were, however, scarcely up to those of previous week. Butchers' crossbred skins realised from" 2s lid to 43 sd; merinos, 2s 6d to 3s Sd; station skins, 2s 2d to 5s 2d each. Hides.—No change to report, the demand continuing good at 3?d per lb. for wet-3alted, and 20s each for butchers' green hides. Tallow.—There is a fair demand for local consumption at about previous rates, say, good tallow, 22s to 275; and rough fat, lbs to 17s per cwt. Grain.—Wheat : Transactions have been on an exceedingly small scale. Snpplies of good quality being very limited, any consignments of that description could be disposed of without difficulty at last week's prices, viz.For prime milling, 3s lOd to 3s lid. We quote medium, os 6d to 3s Sd, at which we have made sales ; fowl's feed, 2s3dto 2s 9d. Oats: We report a rather improved market, some parcels of good milling oats having changed hands at Is 6d. Holders, in consequence, continue firm. . Good feed oats may be quoted at Is 4d to Is 4Jd, with a fair demand. Barley: No improvement to report in the condition of the ' market.