Article image
Article image
Article image
Article image
Article image
Article image
Article image
This article displays in one automatically-generated column. View the full page to see article in its original form.



CHRISTCHURCH CORN EXCHANGE The following is the Corn Exchange report for the week ending, Friday evening, the 24tli inst.: — Business during the week has been of a most unimportant character. The principle business doing is grain passing into local consumption. Shippers are in the market for feed grains. The demand is scarcely so good, as there appears to be some difficulty in obtaining freight. With the wool season rapidly approaching, it is probable that the difficulty will increase. The market for all classes of grain is hardly so strong. Wheat.—Good sound milling is being inquired for, and is saleable at from 4s to 4s 3d; second quality, 3s 6d to 3s gd ; chick wheat, 2s 6d to 3s 3d per bushel. Oats.—Stout short milling are being offered at from is 7d to is 8d per bushel. Buyers are in the market but are hardly so eager. For the before-mentioned description they are giving is 6d to is 8d in Christchurch; good feed qualities are saleable at from is 3d to is 4d per bushel; second quality feed, is id to is 2d per bushel.

Baarley.—Brewers and malsters are still in the market for good malting samples, prices are, however, in no way affected. Good malting is saleable at from 2s 3d to 2s 8d per bushel. Extra prime qualsty, 3s to 3s 6d per bushel. Feed qualities are being enquired for, and are saleable at from is 6d to is gd per bushel.

Potatoes.—The market for this tuber has experienced a very decided fall. Considerable quantities are offering, with but an indifferent demand. Sales have taken place during the week at from 10s to 20s per ton, sacks extra. It is difficult to quote an exact value, as the exigencies of the case frequently influence the prices. Inall cases sacks extra. Cheese and Butter.—There is no change to report in the state of the market for these articles of produce. The former is in fair supply at from qd to The latter is abundant, and is hardly saleable. Grass Seed.—A better inquiry has been apparent during the week, but prices are not sensibly affected. Good heavy well cleaned samples will fetch from 2s gd to 3s. Farmers’ parcels badly dressed vary from is gd to 2s 6d per bushel. Cocksfoot —Good heavy seed is fetching 2%d to 3d per lb. in small lines. Large lines at a shade under the quotations. Hay.—sos to 55s per ton delivered in Christchurch. STOCK AUC'I lONS. Messrs. H. Matson and Co. report on the live stock market, etc., for the week ending Thursday, September 23rd, as follows : —For yesterday’s weekly sale, at the Addington yards, there was a fair entry of sheep, chiefly butchers’ lines, with a large proportion of merino mutton. Owing to the auction commencing at ten o’clock (an hour earlier than usual) there was a small attendance at the opening sales, and competition was weak and languid. The same feeling prevailed (with great irregularity) throughout she whole of the auction, About one-third of the sheep were unsold and may in some instances be quoted at is. per head under last week’s rates, in others little or no change was perceptible. The general quality of the sheep to hand was remarkably good, Messrs. Gould and Cameron’s crossbred wethers topping the market at 19s and 19s 6d ; ewes, on account of the same owners, 16s; merino wethers, usto 12s; other lots, proportionate rates according to quality. There is still a large demand for store sheep, and values are unchanged. Good fresh-conditioned two and four-toothed crossbreds are worth I Is to 13s; hoggets, 8s 6d to 12s. The Jamb trade 'may now be said to have fairly commenced, with a suppy equal to present requirements. Prices rule from 8s to 12s. Scrubbers, 5s to 6s 6d. The totals yarded for the day comprised 4,796 sheep. 503 head of cattle, lambs, and 55 pigs, of which our entry included 249 head of cattle, 3036 sheep, 45 fat lambs and 46 pigs, for Messrs. John Grigg, Gould and Cameron, and others. In sheep our principal sales were: —2O crossbred wethers at igs 6d, 54 a t I 9 s i 100 crossbred ewes at 16s, 48 merino wethers at 12s, 98 at ns gd, 94 at us 6d, 91 at I is 3d, 100 at I is ; 50 mixed crossbreds at 16s 6d, 77 at 13s, 61 at 14s, 70 at 13s 6d, 103 at 14s ; 55 merinos at 10s ; 69 crossbreds at 16s 3d ; stores, 83 merino ewes at 6s 3d ; 48 crossbreds at us 3d ; 59 merino ewes at 6s ; 218 merino wethers at 8s ; 133 cull do. at 4s 3d, and various small lines of mixed crossbreds and hoggets at ids to 13s ; fat lambs, 10 at 9s, 8 at ios, 5 at 12s, 6 at 10s 6d, 6 at 9s, 10 at Ss 3d. Fat Cattle—l at Li 1 Ss, 1 at L 9 15s, 5 at Lli, 2 at LS Ss, 2 at L 6 7s 6d, 2 at L 6 15s, 3 at L 8 25 6d, 2 at L 7 2s 6d, 3 at L 5 ss, 3 at LS 17s6d, 4 at L 7, 5 at L 6 15s. Stores —25 head, mixed, at L 4 12s, 4 M L 4 2s 6d, 15 nt Ls 2S 6d, 8 at L2 17s 6d. Springers and dairy cows —L 5 to L 8 ios. In pigs jwe cleared our entry —11 at 305 6d, 3 at 365, I at 455, 3 at 38s, 3 at 41s, 2 at 355, 3 at 245, 9 at 28s, 6 at 255, 4 at 265, 2 at 31s. At this, the early part of the season, we would give our clients a word of advice, viz., not to send lambs into the market until they are fit for the butcher, for whilst good quality will always command a satisfactory price, scrubbers are almost unsaleable, and will pay far better to hold over for store purposes. In beef there was a large supply, and during the early part of the sale, biddings were very dull, and where sales were effected, a drop of ios to 20s per head had to be accepted. Towards the close, however, there was a better demand, and prices very nearly recovered themselves. Taking the sale as a whole, trade ruled dull, and prices were unsatisfactory. The Longbeach shorthorns averaged Li 1 per head ; fair average weight cattle, L 7 to L 8 ios ; inferior lots, L 5 ios to L 6 ios. Store cattle made a small entry, but there was a thorough absence of anything like competition, and several of the best lines were turned out unsold. This is no doubt attributable to the dry weather, and a good rain would at once dispel the present inactivity of the market. Pigs are unchanged in value, and we think that present rates may be looked upon as a fair criterion for the summer months. Canterbury Horse Market.—Our catalogue for last Saturday’s horse sale comprised 64 lots of various descriptions, from heavy draughts and unbroken colts to weedy hacks, etc. On Saturday next, 25th September, we shall offer for sale, on account of various clients, from 10 to 15 blood and draught stallions. The sale will commence on the Show Grounds at 12 noon. LONDON MARKETS. We extract the following from the New Zealand Loan and Mercantile Company’s circular, dated London, August I2th, 1S80: Corn.—The unsettled weather of the past month has in many districts bean productive of serious damage to the growing crops, and it now appears certain that the anticipations which were formed earlier in the summer as to • the result of the harvest will not be fulfilled. The tone of the wheat market, however, is weak, under the influence of liberal American offers and the suspension of demand for Continental account But for the comparatively light stocks of foreign wheat held in this country, and the almost complete exhaustion of our supplies of home-grown produce, values could not be maintained at their present level. There is little desire for forward speculation, although red winter wheat is offered to arrive at 43s per qSolbs., and Californian is procurable at 44s per soolbs. for immediate shipment. Off the coast and almost due there is a considerable fleet of grain-laden vessels, shipped for the most part on account of the American ring; but they do not attract offers, as millers are unwilling to go largely into stock under existing circumstances, the total quantity of wheat on passage is now estimated at 1,671,310 quarters. The visible supply in America is, about 14,200,000 bushels. A cargo of wheat and oats from New Zealand, per Star of India, has been on sale at port of call for the past week, but no bids have so far been obtained. Arrivals into London have been large, and have sold freely, ex granary, at about 47s 6d for good ordinary sorts, and 51s to 53s for fine Talaveras. Oats sell slowly at from 28s to 33s per quarter of 8 bushels. We quote : s. d] s, d. Australian wheat, new, per 496 lbs 49 o 50 6 New Zealand, do. do. ... 46 o „ 53 ° Australian flour per 280 lbs 34 o „ 36 o New Zealand do. do. ... 34 0 »> 34 0

The arrivals for the month from Port Lyttelton have been as follows :—Salamanca, 15,348 sacks; Buttermere, 9,116 ; Padishah, 15,656; Gurli, 8,886 ; Coriolanus, 10,149 ; Stracathro, 15,314; Margaret Galbraith, 9,532; Ada Wiswell, 6,816 ; Nebo, 18,511. Wool.—The trade both in this country and in France is somewhat inactive. Home reports are generally to the effect that stocks are going gradually into consumption, while on the other hand French dealers are experiencing some difficulty in working off the purchases made at the recent auctions except at prices which would leave a toss. Transactions in the meantime are limited to a few small parcels of special quality required to fill particular orders.At the Liverpool sales of East India Wool held on the 20th to 23rd ultimo, a fall of 7% to 10 per cent, was noted on the rates current in May, medium sorts maintaining their values better than either the superior or lower qualities; . >. , At' the Antwerp sales, which opened op the 26th and closed on the 31st tilt., there was a good attendance of buyers, but with an absence of spirit in the biddings, prices ruled lower by }4d to per lb. The arrivals for the third series” which wilt open on the 17th instant, are as for°ws :—New South Wales and Queensland, 86,983 bales ; Victoria, 49,470 bales; South Australia, 13,114 bales; Western Australia, 738 bales; Tasmania, 13,946 bales ; New Zealand, 89,863 bales ; Cape and Natal, 70,374 bales ; total—--324,488 bales. [by telegraph.] Dunedin, Sept.'24.Good sample milling wheat, 4s. 4d. to 4s. ?d. ; fowl’s wheat, 2s. 6d. to 35.; feed oats, is. 6d. ; milling is. 7d. to is. Bd. ; malt barley, is. gd. to 3s. 3d. ; feed, is. gd. to 2s. 6d. ; potatoes, L2 ss. ; fresh hay, L2 10s. ; oaten hay, L 3 ; medium wheat, 3s. gd. to 45.; straw, L2 ; bran, L 3 10s. ; pollard, L 4 10s. ; flour, Lio 103. to- Ln ; oatmeal, Lg 10s.; pearl barley, Liß; ■ onions, Bs. ; cheese Bd. togd.,; bacon, rolled, gd.; hams, sides bacon, 7 1 /zd. to Bj4d. per lb. (grain fed) ; chaff", L2 15s. ; prime beef, 255. to 275. 6d. per loolbs. ; mutton, 2to 3d. per lb.

s. d. s. d. Butter, inferior to best $ lb S3 0 to to 0 Eggs, $ dozen - 9 0 to 0 O Cheese, prime quality, lb 0 6 to 0 8 Bacon, prime smoked, lb 0 10 to 1 q Hams in cloth, lb 1 2 to 0 0 Flour in bags, Iff loolb 13 0 to 0 0 Oatmeal, $ 251b 4 0 to 0 0 Lard, lb - 0 7 to 0 0

This article text was automatically generated and may include errors. View the full page to see article in its original form.
Permanent link to this item

Bibliographic details

COMMERCIAL., Ashburton Guardian, Volume 1, Issue 157, 25 September 1880

Word Count

COMMERCIAL. Ashburton Guardian, Volume 1, Issue 157, 25 September 1880

  1. New formats

    Papers Past now contains more than just newspapers. Use these links to navigate to other kinds of materials.

  2. Hierarchy

    These links will always show you how deep you are in the collection. Click them to get a broader view of the items you're currently viewing.

  3. Search

    Enter names, places, or other keywords that you're curious about here. We'll look for them in the fulltext of millions of articles.

  4. Search

    Browsed to an interesting page? Click here to search within the item you're currently viewing, or start a new search.

  5. Search facets

    Use these buttons to limit your searches to particular dates, titles, and more.

  6. View selection

    Switch between images of the original document and text transcriptions and outlines you can cut and paste.

  7. Tools

    Print, save, zoom in and more.

  8. Explore

    If you'd rather just browse through documents, click here to find titles and issues from particular dates and geographic regions.

  9. Need more help?

    The "Help" link will show you different tips for each page on the site, so click here often as you explore the site.