COMMERCIAL.

Lyttelton Times, Volume XLVI, Issue 4825, 5 August 1876, Page 2

COMMERCIAL.

lijtMtu Timus Offlee, Friday Evening. GRAIN AND PRODUCE. The we Hirer during the week his been very stormy, which bus, to a certain extent, retarded shipping operations aud deliveries of produce from farmers. Wheat.—Several small parcels have been placed for forward delivery at last week’s rates, which we again repeat as buyers’ quotations. Oats,—The improved inquiry (speculative) that existed last week, has not resulted in any second hand sales of any magiii ude, and as stocks are very heavy, we have no alteration to note in values. Account s.ilcr, have been received from Melbourne, showing net returns of one shilling and flvopencu and live-sixteenths per bushel. This shows a largo loss to the exporter. Barley.—This cereal is very much depressed, and

there appears but little prospect of the morko rallying. Wo have been shown private advioos from Sydney, bearing date July 20, from which wo extract the following“ Earley.—Wo can find no prospect whatever of selling it in this market. The cargo of the William Turner was open for purchase at 2s 6d per bushel, but the best offer obtainable was only 2s; the importers would have sold at 2s 3d." When freight and other charges are taken into consideration, wo leave our readers to judge what tho not result would bo to tho exporter. Potatoes.—Tho season being so far advanced, farmers find tho greatest ditflmlty in placing them at anything approaching last week’s prices, and there appears to bo every probability of tho market going lower unless some outside demand should sot in. There is an absence of export orders, which, as n rulo, aro usually plentiful at this time of the year. Tho shipments that aro being made are purely speculative. Dairy Produce.—Cheese and butter aro unchanged in value, but little business is doing in either article. Hams and Bacon remain at late rates, viz., 9d bare, ami bid covered, both f.o.b. in Lytieltou. Flour.—Millers have advanced tho price to £ll in sacks since August 1 —demand moderate. Bran and shams are in less demand, but there is no alteration to noto in millers’ quotations. Buyers’ quotations for delivery at Christchurch aro —Wheat, 4s to Is 3d; oats, Is 8d to Is Sd barley, nominal; potatoes, 27s Gd to 30s, nominal butter, Is to Is Id ; cheese, Sd to 8J(1. STOCK AND S TATIONS. Owing to tho rough state of tho weather on Wednesday, there was a very limited supply of stock at the Addington Saleyards. 1080 sheep were penned, of which only a small proportion wore fat; consequently, prices ranged higher for this description than on previous occasions, our quotation for host quality mutton being 2d per lb. One or two pens of cross-bred breeding owes sold at from 9s to 9s Gd each ; merino, of same description, at from 3s to 4s each. The cattle yarded comprised 111 head, a good proportion being fat three and four-year old steers and heifers. For best quality beef wo quote 2Ss Gd per lOOlbs; second do, 27s 6d. The Customs’ revenue collected yesterday amounted to £7OB 3s lid, Tho following were the items:—Spirits, 6311 gals, £372 6s 2d; wine, 741 irnls, £l4 I9s 2d ; ale, 51 gals. £3 7s Gd. ; tobacco, 72;‘Ibs, £9l 2s 6d ; sugar, 37,512ib5, £156 6s lOd; tea, 71 libs, £lB 10s Gd, sundries, £sllls 3d. The land sales, on Thursday, amounted to 20GS acres, 3 roods, as follows:—Ashburton, 795; Wnipsra, 500; Ashley, Pa. 3r.; Oxford, 181; Timaru, 561 j Christchurch, 20: realising £1137 ICs, Timaru —ln the grain market a few transactions have taken place during the week, principally by holders. Farmers are not offering the remainder of the grain on hand till they can thresh next mcH'.li. Wheat is moderately firm, but oats and barley aro very dull of sale. Buyers’ prices are:— Wheat, 3s Kid"to 4s; oats, Is Od to 1r8J; barley, 2s Gd to 3s 3d; (lour, £11; potatoes, £2. INTEKPHOVINCIaL COMMERCIAL TELEGRAMS. Auckland, August 4. Flour (Star), £l4 ; superfine, £l2 10s ; sharps, £8; bran, £7 10s; Southern flour, £l2 10s; bacon, lOd to 10J-d; butter, Is to Is Id; jams. 7s Gd to 7s 9d ; oats, 3s; wheat, 5s Gd; maize, ss. Fat cattle, 27s 6d to 3.is ; shipborue, 27s Gd to 30s per lOOlbs; fat sheep (short store owes), Is. Buyers: Bank of New Z ‘.aland, ISs 5d ; South British, 55s Gd ; National Insurance, 21s ; Standard, 12s. Sellers: Colonial Bank, 335; Now Zealand Insurance, 80s; Now Zealand Shipping Company, 82s Gd. Wellington, August 4. Flour, £ll 15s to £l2 10s, best brands ; oats, 2s Gd to 2s 9d; maize, 4s to 4s Gd ; bran, Is 2d to Is 3d; pollard, scarce, 7s lOd; wheat, milling, no sale ; chick, 4s Gd to 4s 9d; hums, lOd to lid; bacon, 9d to 10d ; cheese, 9d to lOd; potatoes, £3 14 to £4. Dunedin, August 4. Sales—National Bank, £3 12s; Colonial Bank, £ll2s ; National Insurance, £1 4s; Standard Iniurance, 12s 3d. Buyers—Colonial Bank, £1 11s; Standard, 12s; Fiji Bank, £2 10. Sellers —Colonial Bank, £ I 12; Standard Insurance, 13s; New Zealand Insurance, £3 17 ; Shipping Company, £4 4s.