COMMERCIAL.

Marlborough Daily Times, Volume IV, Issue 553, 13 June 1882, Page 2

COMMERCIAL.

CHRISTCHURCH MARKETS, (Weekly Press, June 9.) Grain and Produce. The past week has been a quiet one in the grain market, and from this time forward we can scarcely expect much activity.

Wheat coutinues to find ready buyers at up to 4/9 for good short descriptions, and a little extra for clean Tuscan samples, which are now finding a market for seed purposes. Fowls’ wheat sells very freely at 3/6 to 3/9, the quantity offering being exceedingly limited. Flour moves off at Lll 10s f.0.b., there being a steady trade demand. Oats continue lifeless, and 'only small parcels can be placed at about 3/* to 3/2, according to quality. A small business lias been carried through in first-class malting barley at 4/G, but ordinary samples are still somewhat difficult to place at satisfactory prices. Beans are very quiet at 4/, local consumers not having taken to the use of them as freely as their comparatively low prices would warrant. The recent wet and frosty weather has put a complete stop to potato business, and we have not heard of any transactions during the week. Butter of good quality continues to move off at lO.kl, and cheese is in rather better demand at 6d. Corn Exchange. Report for the week ending Friday evening June 9 : Business during the past week has been exceedingly quiet; values are practically unchanged ; holders of all kinds of produce are firm in their demands. Wheat. —Good milling quality is worth from 4/10 to 5/1, f.o.b ; second quality, 4/3 to 4/6 per bushel; circle wheat, 3/3 to 4/ ; seed wheat, 5/3 to 5/4 per bushel. Oats. —The market continues flat, but there is no quotable change to report in values. Buyers are dubious about increasing stocks, while at the same time they are unwilliug to part under full values. Good plump milling oats are worth 3/3 per bushel; feed samples, 3/ to 3/1 per bushel. Barley.—A slightly better demand lias shown itself during the week, . without, however, any quotable advance in prices. Prime malting quality will find buyers at from 4/6 to 4/7 per bushel ; second quality malting, 3/6 to 4/ per bushel; feed, 3/ to 3/3 per bushel. Beans and Peas.—The former are worth from 3/4 to 4/6 per bushel; the latter, 4/ to 4/G. Potatoes.—Business during the week has been inactive. Telegraphic advices from Sydney report a considerable fall in prices there. Sales have been effected at 35/ per ton at out stations within ten miles of Christchurch. Grass Seed.—Little or no business is being done in this article. Prices nominal. Cheese and Butter.—The former is worth from sjd toGd per lb ; the latter, 1/ to 1/2 per lb.

The New Zealand Loan and Mercantile Agency Company have received the following telegram, dated London, June 9uh : "Wool. — l The sales progress firmly. Up to date 144,000 bales have been sold. Superior clothing washed and superior combing washed market unchanged. Scoured and fine washed cross-bred have both advanced id to Id; while superior greasy lias declined 2d per lb since close of last sale. For medium and inferior greasy the market is easier ; fine greasy cross-bred market firmer; coarse washed cross-bred and coarse greasy csoss-bred market unchanged.