COMMERCIAL INTELLIGENCE.

Oamaru Mail, Volume IV, Issue 1319, 25 September 1880, Page 2

COMMERCIAL INTELLIGENCE.

OAMAKU MAIIKKT*. Oamabc Mail Office, Saturday afternoon. The week ha* been characterised by extreme dillness in the grain market. No transactions of any moment have taken place. Prices remain nominally at our last quotations, and the market is ;nnuti*e. Potatoes are unsaleable, outside markets j being fnlty supplied. A telegram was received a day or two ago by a dealer in town, from Auckland, as follows No use sending potatoes here; market completelj collapsed." DUNK DIN. (by telegraph.) j September 24. j Good sample of milling wheat, 4s 4d to 4s 7d ; fowls' wheat, 2s 6 i to 3s ; feed oats, Is to Is Cd : milling, Is 7d to Is Sd ; malt barley, 2s 9d to 3s 3d; feed, Is 9d to 2s 6d ; potatoes, L2 5s ; gras3 hay, L_ 10s ; oaten hay, L 3: medium wheat. 3s 9d to 4s ; chaff, L2 15s; straw. L2; bran, L 3 K's; pollard. L 4 10s : flour, LlO 10s to Lll : oatmeal, L 9 10* ; pearl barley, LIS ; onion 3, 8s; cheese. 4d to 5d : bacon, rolled, Sd ; ■ aides, do, 7*d to S*d (grain fed); hams, 9Ad. AUCKLAND. (BT TELEGHAPH.) September 24. Some changes in the quotations given for potatoes are only nominal. Canterbury potatoes. —Sales of large lots taken place considerably under L2. W aikato potatoes are likewise affected by the glut, and sold in lines at L2 as and L2 10s. Oamara potatoes are still in favor and prices maintained. Wholesale quotations are L 4 to 14 ss. fats remain about last quotations, and are fairly supplied. Malting barley sold at 3s per bushel; feed barley at 2a to 2s 3d. _ TIMARU. To-day's Herald say 3 : —Merchants' prices for milling wheat remain at about last week s quotations; but we hear of as much as 4s being given by raillere for stocks required to meet immediate engagements. Oats showno improvement for milling sorts, but there is a fair demand for seed. Barley remains a drag in the market. Heavy showers have fallen daring the past four or five days, and have greatly refreshed the young crops and the pasture. e GHRISTCHURCH CORN EXCHANGE. The following is the report for the week ending Friday evening, Sept. 24 ; Business during the week has been of a most unimportant character. The principal business doing is grain passing into local consumption. Shippers are in the market for feed grains- The demand is scarcely so good, as there appears to be some difficulty in obtaining freight. With the wool season cow rapidly approaching, it is probable that this difficulty will increase. The market for all classes of grain is hardly so strong. Wheat. —Good sound milling i 3 being inquired for, and is saleable at 4s to 4s 3d j second quality, 33 6d to 3s 9d; chick wheat, 2s 6d to 3s 3d per bushel. Oats.—Stout short milling are being offered at from Is 7d to Is Sd per bushel. Buyers are in the market, but are hardly so eager. For the before-mentioned description they are giving Is 6d to 13 Sd in Cnristehnrch. Good feed qualities are saleable at! from Is 3d to Is 4d per} bushel; second quality feed, Is Id to Is 2d per bushel. Barley.—Brewers and malsters are still in the market for good malting samples, prices are, however, in no way affected. Good malting is saleable at from gs 3d to 2s Sd per bushel; extra prime quality, 33 to 3s 6d | per bushel; feed qualities are being inquired j for, and are saleable at from la 6d to Is 9d j per busheL Potatoes. —The market for this tuber has j experienced a very decided fall. Considerable quantities are offering with bpt an indifferent demand. Sales have taken place during the week at from 103 to 20s per ton, sacks extra. It is difficult to quote the exact value, as the exigences of the case frequently influen"e the price. In all cases gaeks extra. Cheese and Butter.—There i 3 no change to report on the state of the market for these articles of produce. The former is in fair supply at from 4d to 4£d. The latter is abundant, and is hardly saleable. Grass Seed.—A better inquiry has been apparent during the week, but prices arc not -sensibly affected. Good, heavy, well cleaned samples will fetch from 2s 9d to 3s. Farmers parcels, badly dressed, vary from Is Sd to 2s 6d per bnshel. Cocksfoot.— 'Good, heavy seed is fetching 2|d to. 3d per lb in small lines. Large lines at a shade under the quotations. Hay.—sos to 55s per ton, delivered in Chri3tchurch. + ENGLISH COMMERCIAL. Messrs. Miles, Bros, and Co. report, under date London, August 12, as follows : WOOL. There has been but little passing in our wool market lately owing to the near approach of the sales, which have been fixed to commence on the 17th iuat., with a total . quantity of say 315,000 bales. Our English wools have advanced slightly, &nd there is rather a more cheerful tone in our woollen districts, where a fair amount of business is doing; trade in Germany being also pretty brisk, but reports from France are still a little nnsatiafaetory. The Havre, River Plate wool anctions'opened on the 10th inst., with a moderate attendance of buyers, but only 373 bales out of 1900 bales were dispcaed of at a decline of Ad to 14 per lb on iixy'e auctions. "Die fresh arrivals to date comprise:— Bales. .New Sonth Wales and Queensland , 56,950 Victoria ... ... ... 49,500 South Australia 13,157 Western Australia 74G Tasmania ... ... ••• 13,800 New Zealand ... ' Cape ... ... ... --- «5,400 Total 322,573 Of which about 34,(100 bales have been forwarded direct fro in" ship to Continent and the North, and there are about 20/ XX) bales of old stock. wheat and flock. 9Jotwithstanding the injury done to our crova by the recent severe storms, prices for wheats have been gradually declining, and are now ahoot 2* Cd per qr lower than they were a fortnight since, in consequence of the heavy supplies which are reaching ns from America, and a falfing off in the Continental demand! Although Anterieaa Bed Winter , * wheat td arrive is offered at 43* per >4BO, lbs, hot little business is passing. Bod 44B>per '• Btiikmidiskedfor CalifdnuaaforfißflKiiiate ,tu e ... . ' ./■

shipment. There is scarcely any speculation in the trade, and millers are buying very sparingly. Country buyers are taking New Zealand wheat rather freely, and fair average samples are bringing 47s Cd. We quote on the spot Australian wheat, 493 to 51s; and New Zealand, 46s to 495; and 50s to 51s for tine long-berried samples per 496 lbs. Australian flour, 34s to 365; and New Zealand, 32s to 34s per 230 lbs. New Zealand oats 283 to 36s per imperial qr, according to quality. TALLOW AND ILIDES. The tallow market has continued firm during the past fortnight, and Russian Y.C. is still quoted at 40s per cwt. Australian sorts have been in strong request, and all -hit was offered on Friday last sold at advanced prices, good to tine mutton realising 353 to 36s (id, andfair to fine beef 33s to 34s Ud per cwt. The stock to-day in first hands is about SSOO casks, and shipments are heavv. We estimate the quantity afloat at about 30,000 casks. There have leeu 110 sale 3 *>f hides since the Ist inst. The next auctions are tired for the 19th inst. Pt:£3BfcV£P MEAT. The trade generally is more active, and mutton is dearer. Fancy goods were jn er'at request during the warm weather. American frasb meat has been rather dull of sale, but there is some talk about establishing local markets for the sale of it in different parts of the metropolis.