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COMMERCIAL.

Messrs. J. T. Ford and Co. report on the live stock market for the week ending Thursday, the 26th inst., as follows ; At the Addington market of Wednesday last 5117 sheep, 230 cattle, and 124 pigs were yarded. We report no alteration in the value of mutton, but a decided improvement in beef was noticeable throughout the sale, equal to 2s. Gd. per 100 lbs. Beef and mutton are selling at ridiculously low prices, and no doubt this state of things will sooner or latter find its remedy in boiling down or preserving. Store sheep are in fair demand, and when tho stubbles are cleared wo anticipate large sales of ewes for lambing purposes. Cross-bred sheep for turnip feeding are also in good demand, especially four-tooth ■wethers, but as this class of sheep is a very scarce article buyers will have to content themselves with younger sheep, which are commanding from 6s. Cd. to 7s. Gd. each. The top price for beef may he quoted at not above 20s. per 1001 b., and mutton from lid. to l|d. per lb. Merino ewes are selling from 3s. 6d. to 4s. 3d. each ; store merino wethers at from 3s. Gd. to 4s. each. Milch cows at from LG 18s. to L 8 10s. each. Pigs are in excellent demand, and the supply by no means sufficient for our requirements. Our entries were on account of Messrs. H. Overton, R. L. Higgins, Greaves, L. Tosswill, W. Hartnell, and others, and we succeeded in quitting all our lines at the above quotations. At our wool and skin sale on Thursday we had the usual attendance of buyers, and biddings throughout were very brisk. Rough fat brought from l§d. to l|d. per lb, Lambskins from Is. 9d. to 2s. sd. ; cross-bred skins up to 2s. Bd. each to 2s. lOd. bach. On Saturday last we yarded upwards of 36 horses, and disposed of 19, ex Wallabi, at from Lll to L2B each. Privately diming the week we have sold upwards of 150 head of [store cattle at from Li ss. to L 5 ss. each. Messrs Acland, Campbell and Co. report on the live stock market for the week ending Thursday, February 25th, as follows : At the Addington yards on Wednesday 5117 sheep came to hand, with a limited supply of fat sheep. The market was very slack, several lots being turned out unsold, and we cannot quote any improvement or alteration in prices, j Fat lambs sold freely at from ss. 6d. to Bs. 9d. There was a fair demand for store sheep, one line of 1100 mixed sexes, 2,4, and 6-tooth crossbred sheep being cleared at ss. sd. Cattle, 280 head yarded. The supply of beef was limited, and there was a decided improvement in prices, best quality fetching np to 225. and averaging about 205., but we do not look on this rise as at all likely to last, the improvement arising from the short supply and several of the butchers requiring cattle to go on with. Store cattle sold at late rates, there being a rather better demand for cows springing to calf. Threeyear old steers in forward condition fetched L 5 65.; mixed sexes, two to three years, L 4 12s. 6d. CHRISTCHURCH CORN EXCHANGE The following is the report of tho Corn Exchange for the week ending Friday evening, February 27th : The weather still continues favorable for harvesting operations. The farmers have not been unmindful to take advantage of this. In many parts of the country the grain is now safely in stack. Threshing machine reports, take them all in all, show a large yield per acre. Large quantities of grain are now coining bo hand from the country stations. The' great bulk of the wheat is being shipped for London on growers’ account. Latest reports from Home continue to show the market firm. Timaru advices report wheat at 3s. 3d. to 3s. 6d.. but no business doing, the farmers having determined not to take less than 4s. Wheat.—A few large sales were reported during the week, but as a rule the farmers are either shipping on their own account, or in joint venture with the merchants. Sales have been effected during the week at equal to 4s. f.o.b. Several large parcels are under offer at the foregoing figures. Barley is in better supply. Several large parcels have changed hands at full rates. The quality now coming forward is better than at the commencement of the season. The demand is fairly good. Prime malting quality will command 3s. Bd. to 3s. 9d. per bushel. Medium to inferior samples arc not much sought after. Oats are coming forward very slowly. There is little or no outside demand except for really first-class samples. Tho local requirements are more than supplied. The remarks in last week’s report respecting trial shipments of oats to Great Britain is now confirmed by arrangements being made for shipment. Prime milling samples are saleable in limited quantities at Is. fid., feed parcels at Is. 3d. to Is. sd. Grass seed is in better demand,“'but the large quantity offering precludes Any Improvement in price. Quotations as before, 2s. Cd. to 2s. 9d. Cocksfoot is a complete drug, although the samples offering are all that could be desired as to quality, while the price is absurdly low, and such as will not compensate the growers. Prices arc nominal. Cheese and Butter.—There is no change to note in tho former article, 4d to sd. per lb. being the prices at which business is done. For the latter a better feeling is evinced by purchasers for outside demand ; parcels are saleable at from 7d to Bd.

ASHBURTON RETAIL LIST. s. d. s. cL Butter, inferior to best 1? lb o 6 to 0 10 Eggs, If? dozen - - I 0 to I 3 Cheese, prime quality, I'’’ lb o 8 to I 0 Bacon, piime smoked, U lb O 10 to I 0 Hams in cloth, 1? lb - I 4 to 1 4 Flour in bags, li? loolb 14 6 to 0 0 Oatmeal, 251b - 6 0 to 0 0 Lard, 1? lb - - - 0 9 to 0 0

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COMMERCIAL. Ashburton Guardian, Volume 1, Issue 67, 28 February 1880

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