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COMMERCIAL.

Messrs. H. Matson and Co. report—On Tuesday, we held our usual fortnightly sale at the Ashburton Yards, when a very large number of sheep, mostly merinos, were entered for sale. Our catalogue consisted of 2460 sheep, 17 head of cattle, 12 horses and a very large number of sundries, the property of a farmer leaving the district. In sheep, we sold 110 merino ewes and lambs, all counting, 4s, 6d ; 161 three-quarter fat merino wethers at ss; 11 lambs, ss. 6d; 46 crossbreds at 7s. 3d ; and 100 store merinos at 4s ; the balance of our entry being turned out unsold. In cattle, we cleared our. entry at fair prices. In horses, we sold two at L3O each and one at L 8 ; the clearing sale of sundries being fairly satisfactory. [by telegraph.] Dunedin, April 16. Prime beef, 20s. per 1001 b.; mutton, 2d. per lb. Good samples wheat, 4s. 3d. to 4s. 6d.; fowl wheat, 3s. to 3s. 3d.; oats. Is. 3d. to Is. 4d.; barley, 4s. to 4s. 6d.; feed, 2s. 6d. to 3s. Potatoes, L2 15s. to L 3. Old hay, L 4 ; new oaten hay, L 3 65.; chaff, L 3 ; straw, L2.; bran, L 3 10s.; pollard, L 4; flour, LlO 10s. to LlO los. per ton, large sacks ; pearl barley, L 22 ; oatmeal, LlO. Onions, 65.; new cheese, sd. Bacon, rolled, lOd.; hams. Is.; sides bacon, lid. CHRISTCHURCH CORN EN CHANGE. Corn Exchange report for the week end ing Friday evening, 16th April, 1880 . The one noticeable feature of the week that has elapsed is the decline in wheat. Latest English advices report a fall of Is. 6d. per quarter. This apparently is attributable to the reports of very heavy stocks in America, coupled with the prospects of a good harvest at Home and abroad. Millers are purchasing sparingly, doubtless from a further anticipated retrogession, while shippers do not evince the same eagerness to purchase. This is the state of things at the present moment and causes the market to be heavy. - Wheat—At the beginning of the week prime milling samples were saleable at 4s. f.o.b. Later on when the telegraphic advices were received, a decided fall of 2d. per bushel was experienced ; prime milling quality cannot be quoted at over 3s. 9d. to 3s. KM. Chick wheat—Large quantities are in the market, and buyers are somewhat fastidious. The prices range from 2s. 6d. to 3s. according to quality. Oats. Large holders are somewhatpuzzled to find an outlet for their stocks. Many are stacking to wait a more propitious season. Others are making trial shipments in the London mai’kets and elsewhere. Large lines are not coming to hand in this market. The local demand is fairly good, and prices remain as before, Is. 4d. to Is. 6d. per bushel. Barley.—Large quantities continue to come forward, the great bulk of which is of second-rate quality. The large quantity offering has a most depressing influence on the market. Malsters and shippers are exceedingly dainty, and nothing but really prime quality meets with any attention. Prime samples cannot be quoted at over 3s. 9d. to 3s. lOd. per bushel, with a rather sluggish demand. Feed and inferior parcels are in great abundance, and will not command over 2s. 6d. to 2s. 9d. per bushel.

Grass seed continues to be dull of sale, and prices have not varied from last week’s quotations. Cocksfoot Small sales are taking place at 2-Jd. per lb. Potatoes. —Orders are coming to hand rather tardily, and purchasers do not yet appear to have made up their minds as to prices. Nothing definite has as yet been established. Approximate values, therefore, only can bo given, being 30s. to 355. per ton, sacks extra. Cheese and Butter.—The state of the market for this class of produce is precisely what it was last week, sd. to sid. for the former, Bid. to 9d. for the latter.

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COMMERCIAL. Ashburton Guardian, Volume 1, Issue 88, 17 April 1880

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