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COMMERCIAL.

Ashburton Guardian Office, . Friday af ernoon, The business done in the grain market during the !: WDek has teen limited. For wheat prices have remained the same at last quotations, with very little offering. Oats are, if'anything, slightly easier in value, but few transactions worth notice having! taken place.-- The general complaint at the present time is the great scarcity of 'money* the Banks having determined to reduce their advances, business generally has never been so bad, and Ashburton is suffering considerably, as well as other towns. Already several firms in Christchurch are spoken of as ” shaky,” and hardly able to withstand' the impending crisis. So far as Ashburton is concerned, the splendid . harvest prospects tend to make—matters commercial fairly sound, but complaints are very numerous. Har-vesting-may now be- said to have commenced on some of the plains farms, and seveifaUpatches of oats have been already cut. r Bay making is also proceeding vigorously, and some splendid samples of rye grass have already been secured for seed purposes. Com 'Exchange report for the week ending Friday evening, the 22nd .December. Business in the graifrtrade continues to be of the same normal, condition which has been its chief characteristic for some time back; local orders are t^ only ones now being fulfilled, and these too arc nf a very limited character. Crops on the light'lands are no w in a very forward condition, and' harvest will commence in about from ten days'to a fortnight. Wheat : The same sluggish feeling which was visible last week has continued throughout this; prices are unaltered ; good milling quality, 4s to 4s 3d perjbushel, ; delivered at Christchurch ; second class samples, 3s 4d to 3s gd per bushel; chick wheat, 2s pd to 3s 2d per bushel.—Oats; The demand Ipcally is about equal to last week, 3s 2d to 354(1 per bushel being obtainable, i.e. consumers to dealers in large lines, from producer to dealer, 3s to 3s 2d ; stout short milling arenotmnch sought after. —Bailey: There is littfii difrio Business being transacted in this cereal, prices nominal.—Grass Seed ; A few outside orders axe being executed at from 3 s 6d topper bushel for last season’s crop; the new'crop is not yet to hand.—’ heese and Butter: 6d for the former, 8d for the latter.

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Permanent link to this item

http://paperspast.natlib.govt.nz/newspapers/AG18821222.2.4

Bibliographic details

COMMERCIAL., Ashburton Guardian, Volume IV, Issue 825, 22 December 1882

Word Count
378

COMMERCIAL. Ashburton Guardian, Volume IV, Issue 825, 22 December 1882

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