COMMERCIAL INTELLIGENCE.

Oamaru Mail, Volume III, Issue 619, 27 April 1878, Page 2

COMMERCIAL INTELLIGENCE.

Evesisg Mail Office, Saturday afternoon. The markets still continue to be in a state of stagnation, owing to the unsettled state of t European affair*. Wheat cannot be quoted at over 4s, and several large lines have been sold at this figure. Bayers are in the market at above quotation?, but owin£t to the dimeulty of obtaining storage vervlew tr.-irt ■:i..---o;i.- are r. portod. Sever.u shipments have bee-i ma.le .;;•:-trig the vw', for the .'.Tigd-ii iauv..f..j.ut 'same, is more on a<:c >n: - .t of ing the market than any pi'*; : ets ot :L.-i'-turningout a protiraluespeculation. _ Inoat3we have lit.lo to r.s v.r n the exception of prime milling there is nothing doinu. Present quotations are '.U - L £•>" feed to ,'fs -td for prime milling. Barley is in good demand, but I.ttle offering of prime quality ; for such we hear of ->s being refused, ami as the quantity grown in this distnet is small, we anticipate pricewilt advance. Flour remans at last quotations—Ll I to LI I 10f.0.b., Bran, L.'J tils. Sharps. Lit lt)s. Oatmeal, lA7. Potatoes, L2 15s.

AUCTION IClillS' REPORT. Mr. George Greenfield reports the sale to-day of miscellaneous articles, as follows : The attendance was fair, and bidding moderately good. A wardrobe realised L 7, and a bagatelle board Lb" IDs. A quantity of glass brought very good prices; but there ■was no sale for the wines and spirits. Mr. A. H. Maude reports that he held a sale of freehold and leasehold properties at his stores to-day. There was a large attendance. The first property submitted was Dr. "Webster's Windermere Estate, which was first offered in one lot, but the biddings not reaching the owner s figure, the property was withdrawn, and offered as three farms. The first farm ottered consisted of section 41 block X., and sections 49 and 50, block IX., Oamaru district, containing nearly 200 acres. For this farm, however, there was iu> offer, and consequently the balance was withdrawn from auction, the auctioneer stating that he would be glad to treat privately for the sale of the property as a whole with any purchaser. There is every prospect of the estate beingsold at a satisfactory price. The next lot ottered was the freehold of sections 19 and 20, block 86, Oamaru Town, unimproved. These sections, after a spirited .competition, were knocked down to Messrs. Lees and Moore at L 75 10s each. The freehold of section 17, block 12, with a fourroomed wooden house thereon, realised L2GO. The leasehold of part of section I, freehold of section 2, and leasehold with purchasing clause, for L3OO, of section 3, ail in block 23, Oamaru Town, beitig the premises recently occupied by Messrs. Fulton and Barrett, were next offered, 'lids valuable business site, in Thames-street, excited a very spirited competition, and eventually found a purchaser in Mr. Cray, for the firm of Messrs. Keid and Gray, at £2275, being at the rate of something like £401)0 per acre. Several other properties were offered, but, the bidding not reaching the vendors' ideas of value, they were withdrawn. Subsequently, 41 bags of damaged wheat were sold at from 7s lid to Ss tfd per bag.

TIMAIUJ. (From this Morning's Herald.) The grain quotations which we have received troni ditrerent merchants to-day vary very couaideraUy; thocndi all our informants agree in stating that Loth the wheat ami oat markets have shown a marked decline. One buyer quotes wheat up to os ; Canadian oats, '.ia 4d; Tartarian do :U"A : ami barley, 4s to 4a l>d, according t> ij:ia;ity : while others will not mention more tuaii .'»; ;0t tor wheat, and Si for oat;. Owb:;,' tr. i.,;h .-,;;d.;e:i decline iu p: ic:.-. :.i v i.; :i'-> a e :i ,„ jrieimed r.i operate ; anil i.l. •-• >••••• ;' , '- ,-; - ' ■ • ! •■ -'- i ;•--:-:- aetioiii U.t'v/t'ou l!: :..•- . .i i :...";■. 'i-.:ii» h■.;*■<• been aiuu.'.-: ji:l ..■....:.,• Lie l> •■- v.'eei:. vi u hear of li> t;.i i.-. ;:i„' I'd;:; »'"' mi e.v..: superior lot oi Cauadiua ioaU, but this, oi I

conrse, is no criterion of the ruling rates. Potatoes are quoted at 455. A slight fall of rain took place early in the week, but any little good it miaht have done has been counteracted by the hot sultry weather which followed, and which stid continues. AUCkl.'.'.n. [ BY TKI.Ki:KaI"H. ] i .->;.rii 20. Southern flour waa auctioned D-day, and realised L!> t» LI4 per ton : potatoes, L 3 -Is per ton : I'ravincial hams, (jjd to 7a: butter, Bdtolld. Mr. Bttckland report, : i'-est s...h.ts. •_»? per WOOibs : lon'.'-wnolh-d ew.-s. 4s tods o>t: wethers 13s to lbs. >haro M-.rkec.-K.iyer. -National Rank. 7-w : or. ..L-!, ; l_: South Britiih. Kite : N-.-w /.•.■aiat ; d, Lo •-.-: f.t.

I CHfIISTCML'UCiI. | April 2.!. _ j The market is very inactive; wh-'-at i-. j .leclinim.'. and cannot h- .(U..t-d over 4. -■• : , „.it:-. :i.t':-.l to 3s (M : iorl-.y. U3d to -4i »1 : tlour, LI2 to 1.13. Mi-.T.--.ittcing the price by LI : eh-ese, U-. I ; mu.ei, Sd. The Western Monar.di, Cicero, ami Georg. Shotton. have been chartered by Messr.s. Cnnningh.am an«l CV, and Koyse, Stead, auu Co., to load wheat for Loudon.

AUSTRALIAN COMMERCIAL. (KECTEB's TELEIULiMS, PER PKESS AGENCY. Sydney, April 2(>. Hennessy's case brandy, 31s Cd; Hennessy's quarters, kerosene, rice, sugar, tobacco, and candles, unelwiigcd. Adelaide. April 20. Flour, LI2 5s to LI3 ; wheat, 5s to 7s (id. ENGLISH COMMERCIAL. [by cap.le.] The New Zealand Loan and Mercantile Agency report, under date London, 24th April as follows :—The wool market is nilchanged. There has been a little private enquiry- The next sales commence on th. 14th May, and will comprise about 300,000 bales Tallow is flat. Best mutton, 3/s 6d. Beef 38s. Wheat, quiet. Reports are favorable concerning the growing crops here Adelaide wheat is worth 61s per quarter, New Zealand 50s. The leather • market is easier. Best side, 9Ad.