COMMERCIAL. OAMARU MARKET REPORT. North Otago Times Office, Saturday afternoon.

North Otago Times, Volume XXXVII, Issue 8090, 1 October 1894, Page 2

COMMERCIAL. OAMARU MARKET REPORT. North Otago Times Office, Saturday afternoon.

Tlktp has been a marked dulness in the commercial eirclca of Oamaru during the past w?ek. lioubos have actually 1)11890(1 the week without the record of a purchase, and altogether very few lines of wheat have been purchased. Stagnation in trade* in a country io due to pressure some where, and it w a eagacious man who discovers t.ho cause and applies a remedy. VVhcrevor may be the prcscuro there can be no doubt a<< to the existence of tho stagnation. Businora ia, in tho language of a merchant, deplorable and quite unprU'ullelcd in tho history of the colony. Pamum ia no worac thun other places m New Zealand, and no better. Looking beyond the colony there teems to be a great laxity of commercial enterprise and industrial activity. Wool is improving, but all corcals uro "stale, flat, and unprofitable." In London prime wheat h at 2'.te od, and dull at that ; m Oamiiru there is a weaker tono in the market, and aix weeks ago Id per bushel more could bo obtained than to-day. Prime milling velvet its quoted at 2s 6d to 2s 7d, and two-year-old parcels Id to ljd more. Ttuscan w from 2s Sd to 2a (id, and fowls' feed from Is 10d to 2g. Oats are weak and inactive at Is 2d to Is .'M for Danish and Tartnrs, and from Is 4d to Is 5d for short. Ba.'ley i« nominal, but seed linos command ft good figittc. Potatoes arc dull at LI 5a at the aiuings, and bnm and pollard arc at L 2 .">» and 1/2 lOh respectively, Tho other products oro unchanged. JJairy produce: Butter, 7d to 9d ; eggs, .3d ; pork, 3^(l.