COMMERCIAL.

Lyttelton Times, Volume LI, Issue 5586, 20 January 1879, Page 4

COMMERCIAL.

COMMERCIAL TELEGRAMS. ..... . , . Oamabu,Jan. 19, At this period of the year transactions in wheat are of course at a complete standstill. Small lines of new oats have changed hands for forward delivemr at from 2s 9d to 3s. Crops generally throughout the district are looking well, and promise an abundant harvest, and wheat will probably open at from 3s 9d to 4s, though recent advices from Victoria have a tendency to check speculation. Other quotations remain as last given. ENGLISH.

£md C °- ° f London * ra *> rt

«3^?^~? he i ? a^efc . haßl,6oll TO t h er belter supported during the past teu days, owing to a fresh secession of Continentabbuyera, who have no doubt be6n attracted by the low prices, and really good greasy merino wool is a shade firmer, but still prices are ii.-egnlar, and In some cases very low. Middle and inferior scoured parcels, and Cape and “ ee< ?f s > ebow a decline on opening prices, while oross-breds are very much neglected. Of the flfirelrfbnw* 1 ® qn^**uy *v Tl * , » 179 '°°° bales, about ?®’.P ad bales passed the hammer, and seme 13,500 hade* have been bought in or withdrawn. The present senes is expected to oldue on the 17th inst The fresh arrivals forthoPob sales are:- - Victoria ... ... « %]?,*• Tasmania 7 “Jii New Zealand ... .555 Cape of Good Hope ... Total ... ... j 8245 Wheat and Puma.—Very little activity has been noticeable in our wheat market during the la“ fortnight, for as tho Baltio and Black Sea porta still remain open, considerable shipments coninue to be made to this country, and buyers appear disSSirfn^J o Urc^ e ma r el y i t 1 ° supply Immediate re3!™i There is still a good Continental demand for cargoes arnved off the coast, but as present advices show that stocks in the American lmmnf C o°M tinU V or / lar S e > Prices do not rally! UniSd* te ent l°( who 4 tlom California to the ... . by iron ▼essels are offered at 40s ships 45s per SOOlbs C.P. & I. Stocks of Neyv Zealand wheat are now limited and nrioes Xr e The°jlti y r i nnd white wneat. Ihe Janet Court, with 12,000 hags Anstrk. I vrirfton Coronian< lel, with 5490 qrs. from Australian XaMflTto sll\ndT„ *7 to 45s per 4961b5; Australian 'flour d 42 ? New Zealand 27s to 80s. p« 280? b J t 0 “ d Tallow and Hides.— The taiinw v been a shade firmer since our lost and has be quoted about 8d higher the ? r ces , may to fine New Zealand muttonboine and fair to fine beef tallow 35a and 33s * stock this day in

Hides continue in small supply, and the rales have been trifling without alteration in ?»terate». . r reserved Meat.— There is at present MWa very limited demand for tinned retmdn the some. Considerable shlpmenta of fresh meat ore now being made froi3x to this country, and at Liverpool last week 320 tons bo« and mutton and 1098 quarters of, from Now York, 863 quarters of beef from Philadelphia, and 400 from Quebec. Bank Bate 6 per coat.