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COMMERCIAL.

Ashburton Guardian Office, Friday Afternoon. The grain market during the week has been very quiet, hut few transactions of any note having taken place. Prices still remain the same as last week, with the exception of clean samples of varieties, for-Which a good demand, with prices firmer, is noticeable. Prime samples of Tuscan are saleable at from 4s lOd to 5s 3d for seed. Flour is much firmer than last -week, and a slight rise has taken place for best town brands. Oats remain about the same, but only a moderate business has been doing. For best milling samples, from 3i to 3s 2d is asked by holders; inferior kinds, 2d and 3d per bushel less. Barley is without quotaolo change. A considerable business has been done in potatoes for export, largo quantities have been shipped from i..yttclton during the week for Sydney and other parts. Prices are slightly firmer than last week. The weather during the week has been fine, but some bard frosts have been experienced. Wheat sowing has been carried on with activity by farmers, and the ground appears to be in capital order for working just now.

The New Zealand and Mercantile Agency Company (Limited) have received the following telegram from London, dated 23rd May, 18S2 Wool—Competition is increasing, and market firmer. Up to date 54.90° bales have been sold. Wheat —Market quiet. The weather is favorable for the crop here. New Zealand is worth 51s per 4961 b. Tallow —Market firm. Best mutton is worth 435, and best beef 423 6d per cwt.

Com Exchange report for the week ending Friday evening, the 26th instant: The grain market presents the same features as it has done for the past fortnight. The tone of the market is firm for nearly all classes of produce, «’ilh business, however, rather dull. Wheat—Good sound milling samples are saleable at from 4s gel to 4s nd per bushel, f.0.b., second quality, 4s 3d to 4s 6d ; chick and broken wheat, 3s 6d to 4s per bushel, delivered in Christchurch ; seed wheat, 5s to 5 s P er bushel, in Christchurch. Oats—Good stout milling quality are worth from 3 s 2d to 3 s 4° per bushel; feed quality, 2d per bushel less, delivered in Christchurch. Barley—A slightly better feeling has been manifest during the week. No quotable advance, however, can be recorded. Prime malting samples will fetch 4s 6d to 4s yd per bushel; second class malting samples from 3s 61 to 4s 3d per bushel. Beans, 4s id to 4s 2d, delivered in Christchurch. Potatoes Several sales have taken place during the week at from 363 to 37 s 6d per ton, for immediate delivery at stations within a radius often miles from Christchurch. Grass seed—No business is being done at present. Cheese and butter- -Last week’s quotations must be repeated, the former Sd per lb, the latter lod per lb. .

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Permanent link to this item

http://paperspast.natlib.govt.nz/newspapers/AG18820526.2.4

Bibliographic details

COMMERCIAL., Ashburton Guardian, Volume III, Issue 646, 26 May 1882

Word Count
483

COMMERCIAL. Ashburton Guardian, Volume III, Issue 646, 26 May 1882

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