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COMMERCIAL.

The following is the report for the week ending Friday, May 21, of the Christchurch Corn Exchange : The state of the market for all classes of produce has in no way altered during the week that has elapsed. Recent advices from Home have not given buyers more exalted views as to the value of wheat. The price is barely so good as before. Good quality, and in large lines, will still command the price ruling a week ago. Inferior parcels do not meet with much attention. Barley buyers are still reticent and fastidious ; nothing but the best samples are meeting with any attention, and even these are looked for at prices totally incompatible with the profitable production of the cereal. Oats are also at such a price that prod veers do not care to send them to market for the money offered, while potatoes are not meeting with the demand that was anticipated, consequently prices are very low. The weather, for the general requirements of the country, continues to be all that can be desired. Threshing operations are being steadily proceeded with, and large quantities of grain continue to be shipped for Great Britain. Wheat—Good, sound milling samples in large lines, fit for shipment, will meet with buyers at 3s. 6d., f. o.b. in Lyttelton. Seed parcels—i.e., true to name—well grown and clean, are worth 4s. to 4s. 3d. per bushel. Chick wheat is still in large supply, with inquiry hardly so good, and is not saleable at over 2s. 2d. to 2s. 9d. per bushel. Oats —Small parcels are looking for buyers at from Is. 3d. to Is. 4d. per bushel, but buyers are not eager. Inferior and feed samples will not command over Is. 2d. to Is. 3d. per bushel. Barley —Barley still continues to bo largely offered, the quality as a rule is indifferent, and is simply unsaleable, while good samples are going begging at ridiculously low prices without meeting with purchasers. Little or no business is doing. Fair to good malting samples range from 2s. to 3s. 4d. per bushel. Feed quality has receded to Is. 6d. to Is. 9d. per bushel, with a dull market. Potatoes. —Only small sales are reported. Buyers appear to be operating with great caution. Producers are in many instances equally unwilling to do business at the prices offered, and are pitting in anticipation of better things to come. Sales have taken place at 255. to 2Gs. per ton (at the Styx and Papanui Railway stations), sacks extra. Grass Seed.—The market for this class of produce has not experienced any change, prices remaining at last week’s quotations —2s. 6d. to 2s. lOd. per bushel; cocksfoot, 2d. to 2AI. per lb. Cheese and Butter. —The former is in good supply, with the demand slack, at4d. to 4|d. per lb. The latter, for prime quality, the demand is fair, at BJd. to 9d. per lb., while medium to inferior is unsaleable. (by telegraph.) Dunedin, May 21. Prime beef, 225. 6d. to 235. per 1001 b.; mutton, 2d. per lb.; good sample mill wheat, 3s. lOd. to 4s. per bushel ; fowls wheat, 3s. to 3s. 3d.; oats, per bushel, Is. 3d. to Is. 4d.; malt barley, 3s. lOd. to 4s. 4d. per bushel.; feed, 2s. Gd. to 3s. per bushel; potatoes, L2 10s.; old hay, L 4 per ton ; new oaten hay, L 3 ; chaff, L 3 per ton ; straw, L2 per ton ; bran, L 3 per ton ; pollard, L 4 per ton ; flour, LlO ss. to LlO 10s. per ton, large sacks ; oatmeal, L 9 10s. per ton ; pearl barley, LlB per ton ; onions, 7s. per cwt.; new cheese, 5d per lb.; bacon, rolled, lOd- per lb.; hams, Is. per lb.; sides bacon, lid. per lb. ASHBURTON RETAIL LIST. s. d. s. d. Butter, inferior to best V? Ib 010 to I o Eggs, 1? dozen - - lio to 20 Cheese, prime quality, t? lb o 6J4 to 09 Bacon, prime smoked, Ulb o o to o o Hams Id cloth, tMb - o o to o o Flour in bags, t? loolb 14 o to 00 Oatmeal, # 251 b - 5 o to o o Lard, t? lb - - - o 9 to o o

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Permanent link to this item

http://paperspast.natlib.govt.nz/newspapers/AG18800522.2.3

Bibliographic details

COMMERCIAL., Ashburton Guardian, Volume 1, Issue 103, 22 May 1880

Word Count
699

COMMERCIAL. Ashburton Guardian, Volume 1, Issue 103, 22 May 1880

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