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Ashburton Guardian Office, Saturday Afternoon. There has been a steady business doing in the grain market since our last report, and prices remain about the same for wheat and oats. For prime milling samples of wheat from 4s 9d to 5s can bo obtained, inferior kinds, 4s 2d to 4i 6d. Flour is quoted at Lll 10s per ton for town brands in trade lots, hub a slightly better tone is manifested during the latter part of this week. The demand is, however, not brisk by any means. Oats are in fair demand for milling purposes at from 3s 2d to 3s 6d, and prime seed at 3s 8d to 3s lOd, according to quality and kind. Barley, for best malting purposes, •is still enquired after and 4s 6d can now be obtained for such samples, inferior kinds from 3s to 3s 6d per bushel. Dairy produce of all kinds is much firmer, and very satisfactory prices are now ruling. The weather has been fine, with occasional hard frosts. Fanners have been sowing and generally the season has been very favorable for them. A large area of ground is under grass this year, and as a consequence there will not be so much cropping as was the case last season. The New Zealand Loan and Mercantile Agency Company report for the past week:— Wool; There is really no business to report, and excepting a few parcels of slipe and scoured yet to come forward there will be no wool in the market till next shearing.—Wheat: Transactions have been on a very limited scale, holders being inclined to await the development of events in the East before parting with stocks, which may be considerably enhanced in value if further complications arise. A firm market in London is reported in Reuter’s latest telegrams. We may quote prime milling at 4s lod to ss, f.0.b., Tuscan being worth 5s 2d, while .for seed Tuscan less than 5s 4.6. will not now be accepted.—Oats: There is still an absence of activity in this cereal, and Australian advices are somewhat discouraging, latest quotations from Sydney being only 3s 6d per ’bushel. We placed a line for the North during the week at 3s 5!, f.0.b., and prices run at from 3s 3d to that figure for milling sorts, bright feed being worth 3s id to 3s 3d. —Barley : Only in prime malting samples, which are enquired for at 4s 6d to 4s Bd. is there any --intcrCTt-tekrrtr j-the demand for feed qualities being almost, nil.—Grass Seed is in fair demand, and well-dressed sample? of rye grass' find buyers at up to 5s 6d per bushel; cocksfoot being freely dealt in at 3d to per lb for .spring sowing.—Potatoes : The intelligence that the Sydney market is recovering from the effects of the over-shipments with which it was assailed, is telling favorably here, and holders will not place f.o.b. at less than 50s to 52s, bags extra; —Dairy Produce : There is a good demand for both cheese and butter, the former being worth and the latter is id to is 2d per lb.

At the usual sitting of the Waste Lands Board, held at Christchurch on Thursday, July 13th, sales were made as follows :—Ordinary : Selwyn, 2r, 6p ; Akaroa, 82a ; Ashburtotjv 21 3r 34P; Geraldine, 24a 2r, Total acreage sold, itoa ir lop. Total cash received L 220 2s 6d. Refunds on account of former purchases were made in the amount of L 22 25 3d.

Messrs H. Matson and Co. report as follows of their sale of Mr Passmore’s property :—Associated with Mr Charles Clark, we conducted a clearing sale at Sherwood Homestead, on Thursday and Frida}', the 6th and 7th JulyThere 'was a very large attendance of neighbors, together with visitors from Christchurch, Ashburton, etc. The freehold having been disposed of at L 5 103 per acre—a price, by the way, which, no doubt, is its present market value, should be encouraging to the new proprietory, for with the extensive plantation and abundant water supply, together with the fact of the land being most suitable for the growth of turnips and fattening stock, combined with the projected export of frozen meat, the value per acre should ere long be considerably augmented, if not doubled. Every lot, with the exception of the piano, was sold. The steam plough, with its many etceteras realised 1.1,600, reapers, and binders, L3O to L 35 ; ploughs, harrows, etc., fair values, all implements and machinery being in excellent order. The horse stock sold well, and fully 25 per cent, above town rates. The sheep were really a magnificent lot of merinos, being large framed, well woolled and very even, showing great care on the part of the breeder, which was acknowledged fully by the prices realised —viz,, merino ewe lambs 9s, merino wether lambs 9s, merino, ewes old 8s per head. The sale was one of the most satisfactory we have conducted for some time, everything being of the best description, properly classed, and placed before the auction in captital order. Total sale L 4.798 18s 4d.

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COMMERCIAL., Ashburton Guardian, Volume III, Issue 689, 15 July 1882

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COMMERCIAL. Ashburton Guardian, Volume III, Issue 689, 15 July 1882

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