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COMMERCIAL.

CHRISTCHURCH CORN EXCHANGE

The following is the Christchurch Corn Exchange report for the week ending Fridav “Anvil 30th The market for all classes of gram is extremely heavy. The most recent advices from Home report a still further decline in the value of wheat. Shippers are very chary of buying, and in the of latest intelligence from Home are offering quite 3d. per bushel less for wheat. Large quantities continue to come forward. Growers appear unwilling to accept current rates. This has been the case since the market opened; each week, as it shows a decline in rates, determines the growers to ship on their own account, provided they cannot get an advance on current values. The marvellously propitious weather which has characterised this season from its very commencement still continues, and threshing operations are steadily proceeding. Large quantities of wheat continue to arrive in Lyttelton, and are being shipped. The tonnage accommodation is fairly commensurate with the requirement. Wheat.—Good quality fit for shipment is not saleable at over 3s. Cd. to 3s. 7d. f.o.b. per bushel. Prime samples of particular kinds tit for seed will command 3s. 9d. to 4s. per bushel. Small parcels of prime milling quality will find purchasers at 3s. 6d. to 3s. 7d. ; the demand, however, being somewhat heavy. Chick wheat continues in good supply, with the demand hardly so good ; good quality will command 2s. Gel. to 2s. lOd. per bushel, inferior to medium, 2s. to 2s. 4d. Oats. —The market for this class of produce remains very inactive ; in view of the large quantities to arrive purchasers arc indifferent. . Small parcels of good milling quality change hands at Is. Gd. per bushel. Large lines for immediate delivery are not saleable at over Is 4d. per bushel. Feed samples, in large lines, Is. 3d. to Is. 4d. per bushel. Barley.—The state of the market for this cereal is precisely in the same condition, large quantities offering, with but few buyers. Maltsters and brewers, being supplied, are not eager purchasers. Really prime samples are saleable at 3s. od. to 3s. lOd. per bushel; good malting, 3s. 4d. to 3s. 64d. per bushel ; feed sorts, 2s. 3d. to 2s“ Gd. per bushel. Grass Seed. —A few sales are taking place at the market quotations, viz., 2a. Gd. to 2s. 9d. per bushel. The demand, however, is slack. Potatoes.—The demand continues sluggish, and the market cannot be said to have improved since last week. Sales are taking place at from 275. 6d. to 30s. per ton, at Christchurch railway station, sacks extra.

Cheese and Butter. —The former 4d. to 4|d.; the latter, Sid. to 9d. per lb.

[by telegraph.] Dunedin, April 30.

Prime beef, 225. Gd. per lOOlbs.; mutton, 2d. per lb. Good samples wheat, 4s. to 4s. 3d.; fowls’ wheat, 3s. to 3s. 3d.; oats, Is. 3d. to Is. 4d.; malt barley, 3s. lOd. to 4s. 3d.; feed, 2s. Gd. to 35.; potatoes, L2 10s. ; old hay, L 4 ; new oaten hay, L 3 35.; chaff, L 3 ; straw, L2 ; bran, L 3 ; pollard, L 5 ; flour, LlO 10s. to LlO 15s, large sacks ; oatmeal, LlO ; pearl barley, L 22 ; onions, 7s. ; new cheese, sd. : bacon, rolled, lOd. ; hams, Is. ; sides bacon, lid. Wellington, April 30. The Loan and Mercantile Agency report, under date Loudon, 27th April Wool sales progress firmly; medium and inferior greasy, markets firmer ; medium and inferior combing, washed, and combing-washed, markets firmer; scoured has advanced 2d. since the close of last sale ; clothing washed, market unchanged ; cross-bred, market easier. Up to date 61,000 bales have been sold. Tallow. —Stocks heavy ; best mutton being worth L 33 10s.; best beef, L 32. Wheat.—Foreign arrivals heavy ; the market is quiet. Adelaide is worth 535. per 40Glbs.; New Zealand, 51s. per 406 lbs. Leather.—-9,600 best sides, Australasia, sold since last report; best sides fetched one farthing in advance on previous rates. Other qualities unchanged.

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COMMERCIAL. Ashburton Guardian, Volume 1, Issue 94, 1 May 1880

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