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COMMERCIAL.

Ashburton Guardian Office, Friday afternoon. Thu grain market during the week has been characterised by no great advance in and quotations remain at something like that of the previous week. Wheat is still being enquired for in small milling lines, and when good samples are offered, from 3s 8d to 3a lid and 4s are the prices obtainable here. Superior Irinda are a shade higher, but only seed wheat may he said to be in active demand, and fetch more than the letter figure. The shipment of grain ami'll goes on, and large quantities are now weekly leaving our ports for foreign markets. In barley a decided improvement is noticeable, and good malting - samples are being enquired after. The ■Victorian Government have permitted a trial in their sports to have N.Z. barley landed duty free, in order to allow of its being made into malt and exported as Such only. This has given a lot of work to the “unemployed” in our sister colony, and has caused prices for the cereal to be very much fii-mar hero for malting purposes. A few good lines of the latter have been placed at 3s lid f.o.b. Oats are still almost the same, and prices do not seem to increase to any extent. The market is, however, firm, and we believe that an increased demand will be felt before the spring advances, and consequently better Eripftg will rule here. The weather has een exceedingly wet during the week, and although no damage to the crops is yet reported, we fear that in many cases the late-sown wheat will suffer if heavy ■ frosts follow. The plains land is in splendid order for ploughing, and has never been in such a condition for years past, owing to the rain we have had this season. The Christchurch Com Exchange. Com Exchange report for the week ending Friday evening, the 22nd July :—Business during the week has been extremely quiet; the bad weather which has prevailed for the last; few days having augmented the torpidity which has been the chief characteristic of the grain trade for some time back. Values in all fines of produce are unaltered, and there is no circumstance which admits of comment. — Wheat; Good to prime milling samples are worth from 3s pd to 4s per bushel in Christchurch ; second class milling samples, 3s 6d to 3s 8d in Christchurch ; chick wheat ranges from 2s 3d to 2s pd, delivered in Christchurch.—Oats : There is no alteration in the demand, and prices are stationary at from 2s Id *s 2d per bushel in Christchurch; feed quality are saleable at from is lod to is nd - Delivered in Christchurch. —Barley: There is hardly so much inquiry during the week, but prices are substantially the same. Prime malting may still be quoted at from 2s pd to - 3s 64 per bushel, delivered in Christchurch; second class malting, 2s 3d to 2s 6d per bushel; • feed quality, is lod to *s per bushel.— Grass Seed : The market does not yet exhibit any returning signs of animation, but there is no alteration to note in values. Good clean farmer’s samples are worth from 4s 6d to 5s per bushel, delivered in Christchurch ; indifferently cleaned according to sample. Cocksfoot, 3#d to 3#d.—Potatoes : The export of the tub er continues to assume tolerably large itimmrfnnn, and although prices have not advaaccd, the market appears to be more settled. ■ Sales have taken place during the week at 40s per ton, at suburban stations, a 1 radius of 8 1 miles from Christchurch ; this price Is for immediate delivery; for forward delivery, 45s per ton is about the maximum; in all cases gnrlfg are extra. —Cheese and Butter: The condition of the market has not altered during the week, the fanner is worth from 3d to 3 Jfca per lb., the latter, yj£d to 8d per lb.—Hay : The demand does not appear to have realised the expectations, the price, is L2 10s to La iss in Christchurch. Auctioneers’ Reports. Messrs H. Matson and Co. report on the live Stock Market, etc., lor the week ending Thursday, July 21st 1881, as follows:—The rough boisterous weather of yesterday and the past few days had a marked effect on. Wednesday’s Addington market, both on the supply of stock and the attendance of the public; Speaking for ourselves, not a third of the sheep of which we had received advices Came to hand, and luckily so, as the attendance was very small, and the few lots of mutton on , Offer proved more than sufficient for the requirements of the trade, several lines being turned out unsold. Under the circumstances, it is difficult to give a quotation as to values, hut prices generally were a shade higher than last week, crossbreds ranging from 13s 6d to lßs, merinos 9s 6d to 13=, The cattle market was chiefly made up with beef, of which there was an average supply. In fact buyers could not be found for more than half the entry, and ■ where sales were made vendors had to submit to low and unsatisfactory prices. Medium ,*feight steers brought L 6 10s to L 7 10s and L 8 ; light weight do. and heifers, L 5 5s to L 6 1 ss. Of the few store cattle on offer, the bulk sold at unaltered rates. The totals yarded for the day comprised 3,067 sheep, 261 head of . cattle, and 77 pigs, of which our entry included 1,013 sheep, 126 head of cattle, and our usual fortnightly sale of live stock," &c., for the Ashburton district in the Corporation yards on Tuesday last. A fair entry of stock was yarded, but, owing to the Wet weather, very little business was done.

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http://paperspast.natlib.govt.nz/newspapers/AG18810722.2.4

Bibliographic details

COMMERCIAL., Ashburton Guardian, Volume 2, Issue 402, 22 July 1881

Word Count
954

COMMERCIAL. Ashburton Guardian, Volume 2, Issue 402, 22 July 1881

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