COMMERCIAL INTELLIGENCE.

Oamaru Mail, Volume IV, Issue 879, 8 February 1879, Page 2

COMMERCIAL INTELLIGENCE.

m IWVKBCARGiLL. [iiv WLKmuiMr. I February 7. Business during the week has been dull. Stocks of breadstuff* are targe and values uuuhanged. Flour goes into trader s hands at Lt() tOs, for a targe tine. W rth regard to wheat there is very little or" any good t« the market, from 3s lOd to -to being best price offered for good milling. There ts no scarcity of inferior sorts v fowl toed is quoted at from "a »d to 3s : bran. L 3 i pollard, Lis t«s i oats range from Us (id to 3s 3d, accoritmg to 11utility, but they are by no means m excess, excepting inferior parcels, which are very difficult to cpiit. ChalF, Llr tOs, and oattnual L2O. « CKRtSTCfCtTBCft. [I)Y 't'BX.Kl!l!A,rtr.) February 7. The harvesting has been considerably delayed through rough weather. The grain market is lifeless,, and the*« is an absence ot speculation consequent «"B the tightness of the money market. Sales of new wheat for immediate delivery have been effected at 3s 3d •. for tate delivery, 3». Flour is dtilL and somo heavy parcels of prime old quality have been sold at LS 10s c.o.b. : oats command 2s tld to 3s for immediate delivery., and 2s tid is offered for late delivery i bartey commands 'is 6d for prime malting ; grass seeds have held for higher rates than buyers care to give t cheese,. tfick butter, tt.Jd-. hams and bacon, 9sd. _ AUCKLAND: [by tkuiuuapk. I February 7. Mr. Binney reports:— Flour. LIO; oatmeal, L 22; peart bartey. L2i v bran. Lt* t pollard. tSi Ute-v oats, 3s to 3s Bd-. wheat, focal, .to 6d to -ts 9d t potatoes. LB r. onions. id: cheese, scarce. 8d; batter. £od to ltd very little of it offering. • ' '■- TIMARtf. (From to-day's Keratd.) Tho stagnation in tile gram market still continues, and but few transactions are reported during the week. The values offered to Farmers are—Wheat. 3s ■. oats. 2s M to 3s : imd bartey. ts to 'ts 3d. and the indications of the market are anything but promising. The wheat market, both at Homeami in Adelaide, shows a downward tendency, and in the face of the enormous surplus existing in Russia and America, there is little prospect of its recovering for some time at least, and buyers on alt sides are shy of operating, thi the other hand, farmers are dismeliued to accept anything tike 3s tor their wheat, anil a few intend shipping on their own account, preferring to run the risk of prices rising to accepting 3s here. Home tow hundred bago of oats have been delivered in town, and the opiality is generally good. No wheat lias yet been delivered. though samples have been exhibited. We ■expert to see the price of oats towered before .many days have passed. » ■ — AUSTRALIAN COMMF.RetAt. l»t CAHtIC. | jtifositv, February *.. Brandy, kerosene, tobacco*, and rice unehaged. Ifo- Sew Zealand wheat or oats m tho market. „ AoKt,,vrp». £«b. (.. Wheat and Hour are unchanged. > wntw>tt mwt SALEH. W«£(itso'«>N.. Feb- 7. The ffew Zeivtuml tou» and Sfereantile Agency have received a telegram fceom London advising that the nest woot sales oommonco on the t3th. „ Feb. /.. Messrs. Cargills. Gibbe. and t'o. a»v» eevsived the following woot telegram From Mussrs. ffelmuth. thwart*, and To.. London. dat*d- 4th inst,: series wilt commence on tho 13th. New arrivals are limited to 2.10, WO bales.