COMMERCIAL TELEGRAMS.

Bruce Herald, Volume XI, Issue 1062, 28 January 1879, Page 3

COMMERCIAL TELEGRAMS.

'•;_< /Wellington, January 24. James 'Shea reports :— Flour, Adelaide, no stook, £16, falling ; Oamaru and Canterbury, JEIO to £105s. Bran, Is to ld ; oata, 43 to 4s 41 ; potatoes, 6s to 7s; maixe, 43 6d to 4s 9d ; no malting barley ; hams and bacon,- country cared (nominal), 6d to 61 ; salt butter, 8d to 9d. Oamar-j, January 24. There is nothing doing, i n the grain and breadstuff's market, and prioes remain as before quoted. . ■ Mr A. H. Maude reports that at his monthly sale there was very languid cometition, and prices were decidedly lower than at the preyious sale, and the majority of the lot's offered wiere passed ih.' ' The few lots sold realised from 63 to 7s 8d for cross-breds. For the skins he quotes prices as follows :— Cross-bred, 4d to 8d ; merino ewe skins, inferior, ls 5d to ls lid. Mr T H. Brown reports : Cross- bred wool at from 6|d 7d per lb ; do merino, 6-f-i ; crois-bred skin's, 4s 5d to 4s 6d ; merino, inferior, 2s 9 to 33 ; lambs' jskiuß, Is ld ; pelts 7-Jd. Timabt;, Ja* vary 24. Harvesting operations are now in full swing in most parts of South Canterbury, and orops, as a rule, are looking excellent. No deliveries of new grain worth speaking of have taken place, and prices are nominally 3* 6d to 3a 9J for wheat, and 2* 9i to 3s 3d for oati. Barley will open at a high price. Invercargill, January 24. Consequent upon the railway opening, transactions during the week have been somewhat limited. Bread 8 tuffs rule at last week's rate; flour goes off at £10 to £11 for trade parcels ; bran is woth about £5 ; pollard £5 15s per ton : oatmeal has a slighly upward tendency, and prices now rule afc £20 per ton, at the mills. Wheat is worth 43 to 43 3d for fowls' feed. Oats hava a downward tendency, and are now offering afc 3s 6d to 3s 9d. Barley >s still scarce. Slates (Countess) are bringing £16 per 1000. For Spirits there has been a brisk demand, stocks being extremely low. Ale has been saleable afc lis 6d, and Blood's stout at the same rate. In brandies a good trade has been done. Bisquit'shas brought 8i 3d in bulk, and 28i in case ; while Denis Mourier's has been moving off (in case) a 325. Of the latter line there is no bulk in the market, except dark, which is unsaleable. Stocks of cement are large, and paices rule at from 193 to 203 per cask. Kerosene (Diamond), 2s 2d, Sperm candles, about 9£ ; market full. Currants, 4Jd ; stocks good. Cornsacks, 9s ; market well supplied. Rice, £28 ; Pafcna, £31. Brown sugars realise £36 103 ; yellow crystal, x'4o ; white, £43 (duty paid). Woolpacks are selling freely afc 43, consequent upon shearing being very general throughout the distriot. Sharemarket.— Mr C. W. Brown reports the state of the sbaremarket for week ending Fiiday, 24th Jauuary, as follows : Banks — New Zealand (with right of new issue), £24 ; without right to new issue, £23 ; new issue, £3 premium ; National, £3 17s ; Colonial, £2 103 and £2 lis. Insurances — New Zealand, £4 ; Kafcionrl, 35s 6d; Colonial, 4-3 ; Union, 133 6d ; South British, £3 8s ; National Mortage and Agency Co, £1 4s ; Scottish and New Zealand Investment Co, 18s ; Union Steam Shipping Co, £8 New Zealand Shipping Co, £4 5-j ; Mosgitl Woolen Factory, £3 83 ; Guthrie aud Lirnach's Wood ware Factory, £5 ; Otago and -oathlaud Investment Co, 30i. The demand for horses is somewhat slack. Ordinaay hacks bave been scld during the week afc from £5 to .£l2; superior do, up to £20; light draughts, £20 to £25 ; medium draughts £30 to £35 ; heavy draughts, £50 to £62. Citilo continue in good d-mand. Good souudmouthed merino ewes have been sold at 4* ; and and shorn Leicester do afc 10s, with lambs at foot, 19s 3d. There has been con^idesable enquiry for properties, bufc no very important sales have been effected. Macrorie and Cuthbertson held their first wool sale of the season to-day. The com efcifcion was not brisk, bufc rates fully equol to late Dunedin quotations were reaHsed. Mr Martin, on behalf ci the National Mortage ani Agency Co., to-day sold a'^oufc 190 biles. The attendance was good. Cross breds wool ranged from 8i to 9f J, aud merino from BJI to 9f cl.