COMMERCIAL INTELLIGENCE. Oamaru Times Office. Thursday evening.

North Otago Times, Volume XV, Issue 596, 3 February 1871, Page 2

COMMERCIAL INTELLIGENCE. Oamaru Times Office. Thursday evening.

The grain market still continues dull and but little change in price has taken place. Old whefct remains at 4s per bushel, oats have been ofiered at 2s, but their condition was not such as to attract purchasers. Flour Lll 10s to L12. Bran and pollard L3 10s to L4. Barley (nominal) 2s 7d per bushel. Harvesting is being actively carried on throughout the district. The wheat crops are light, but the appearance of the grain good, although it is doubtful if the flour from late sown wheat will be equal to last crop. There is not much barley sown, but if the present good weather should continue, it will be of a much better quality than that of last year. There i3 a good area, down in oats, and, although, several large patches are damaged with blight, there will be a good crop.

Messrs Maude and Bee report that at their sale of furniture, kc, at Meadow Bank, on Tuesday the 31st ult, the attendance was good, and the prices realised satisfactory. Also, at the sale of the furniture of Mr A. Morton, the attendance was large, and fair prices realised.

CHR1STCHTTJJUH.— The "Press" of the 28fch ult. reports:— The wheat niarkefc bis received a check in consequence of a decline in the English and Australian maikets A few small sa1e3 of old wheat are reported at 4s to 4<5 3 1 per luishel, or 6s 8rl to 7s Id p^r cental ; but there are very few havers. Samples of new wheat will soon be offering, but the scarcity of tonnage jircd the absence of a demand in the ncghbonng Pio\ince wiil to ml to keep prices lower than wfie iintvipated The pause of the decline in the horre nvx-k e t is n n doubt in consequence of the piospectof t'i» Rusvan diftif ulty being amicably turangfd. Nf-w whpat w '1 rnoMWy open up at 3s 6.1 to 3s 9d per brsli"'. oi- 5s TM to 6s 3d percental. The fnim<»rs a e e -n«r- ; p;r 4-. per b'i<-bel, but at present we nnncf see an / nut 'el for it at tb-*t figure, with the fi eights for En^'-fcd at tbo ia(,ps now demanded. Tho qunlifv s\ould be rea"v rood, J"< the weather is ill thut can be d*:* -ed for harves-'og flour is quoted at L1 1 to 1.11 103 for cjsh. Bar'ev rp>t»n r. s afc quite non>iral quotations In eene»"<' me-^>ind-=e only a limited trade hus been d"'i ?. ConsicU have Diet with a st<Mdy duvand. Seven 1 Tarp;e l>n>-s were quitted nt 14s. but holdeis are now fi-m at I^s 3d to 14s 6d. A line of light weights weie plated at 123. MELEOURNE.— The " Argus" of the Hfh reports : — We continue to report in the import markets a satisfactory amount of inquiry for merchandise generally, and sains to a fair extent have come uuder our notice in the course of the day. We observe especially a much greater desire on the part of speculators to operato in American goods. In breadstufts thare is a, moderate demand for flour in small lots at L14 to L14 10a per ton, or 14s to 14s 6d per cental. Under the hammer, a parcel of 100 ton3 Tasrnanian flour was quitted this forenoon at L13 5s to L13 10s per ton, or 13s 3d to 13s 6d per cental. Sales of Adelaide wheat have been made at 6s 3d per bushel, or 10s 5d per cental Oats are steadily advancing ; we hear of sales this afternoon at 3s lOd per bushel, or 9s 7d per cental, for good oats, but not tho best, and poor qualities met with purchasers at 33 8d per bushel, or 9s 2d per cental. A brisk demand for trade purposes hab been experienced. Maize is not offering under 5s per bushel, or 83 11 Jd per cental, but there is no stock in the place, and no further arrivals have come to hand. Sales of mult and barley have been effected at up to 4s 3d per bushel, or 8s 6d per cental. Borne 2000 bushels have changed hands. Trade parcels of malt have been disposed of at our quotation of 7s 9d per bushel, or 193 4$d'per cental.