Dunedin Commerical Report.
Wmrasa On-iox, ' t . Thursday Morainjr. We are annoyed in endeavouring to conyey an idea of the condition of the market! at having to fall back so repeatedly upon the significant little word " quiet." Although it is now ascertained that there are ' districts which have suffered comparatively little, and others in which the loss reported total has been discovered to be only partial, yet in all quarters of the country have the usual operations of the farmer at this season* in getting in and preparing his grain for the marke; been more or less suspended, and such a weight of extra labour been imposed upon h<m that the quantity likely to be realised remains still a problem, the markets, as a consequence, remaining completely unsettled and prices entirely nominal. In all the southern parts of Otago —the Taieri and Tokomairiro plains, by the Mataura and Southland— the harvest product will be small. But in the Oaniiru district, oa the contrary, it is reported that " Notwithstanding the late floods, the grain crops in this district are threshing out remarkably welL Threshing is almost completed, and large quantities of 'grain are coming into town for the mill-owners. Altogether, the average yield in the district will be higher than it has been for two years." In flour there is really no reliable quotation. Wheat is variously quoted at 4s to 5s 3d. It has found buyers at the latter very top price. Yet prime Tuscan grown in the Oamaru district has been offered in town at os, f.o.b. at Oamaru, but without finding a buyer. In oats there are no quotations. In ale and porter, a very quiet trade is only being dene. Tennentfs ale, quarts, may be quoted at 11s 61. Brandies are not changed in their position at all. Stocks of suiar are again, getting low. The Sydney Refining Company has advanced its rates another £2 per ton. Colonial cured ham maintains its place, which, by price and quality, it is every day becoming more fitted to do. Cheese — Akaroa— was last quoted at from 6Jd to 7jtd. At thesa quotations there were large transactions reported, but we hear of none of equal consequence since. For Sinclair's bacon, Is ; hams. Is 2d to Is 4d ; Prenter's hams Is Id to Is 3d ; Compton's, Is. Cheese — Colonia l , Canterbury, 8d to B}d ; hams, Colonial, Is to Is 2d for prime ; Ijacon, Colonial, lid to Is ; butter, Is 2d to Is 4d ; oatmeal, £11 10s. Cornsacks are now in erood enquiry, and would have been m better by this time but for the delay caused by the recent floods. Holders are confident of their price being reached. 10s is the present quotation. Messrs M. and J. Mbknan, George street, report the following as the latest quotrtions : — Flour— Large bags, Lls ; small do, L 1 5103 per ton. Oatmeal — Ll3 per ton. Pearl Barley— L2l per ton. Bran — L4 lss, including bags. Pollard— L6 103 per ton. Chaff— L4 10s per ton. Hay— Old, L 4 ; new, L3 lss per ton. Potatoes, £4 10s. Wheat— 3s €d to 5s for milling. Barley— 2s 6d to 2s 9d per bushel. Oats— Old, 2s 6d to 2s 9d per bushel ; new, 2a 3d. Butter— Fresh, Is 2d per Ib. Cheese— 6Jd to 7d per lb. Eggs— ls 9d per doz.
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Bibliographic details
Otago Witness, Issue 1320, 17 March 1877, Page 11
Word Count
556Dunedin Commerical Report. Otago Witness, Issue 1320, 17 March 1877, Page 11
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