COMMERCIAL.

Timaru Herald, Volume XLVI, Issue 4254, 2 June 1888, Page 2

COMMERCIAL.

Timaru Herald Office. Friday evening. TIMARTT MARKETS. WHEAT. Millers are not now operating to any extent and other buyers decline to purchase except ai rate 3 below owners' idea 3of valno. Aa moai of the wheat is now m stack growers prsfer tc leave it thoro for a time m the hope of things talcing a tnrn for the better, iv preference tc accepting the low offer now being made Thero i3 at present no vessel at the loading bertha. Freights are, if anything, a shad< easier, but suitable tonnage continues scarce, Quotations are — Primo velvet and Tuscan, 2; 7d ; red ohaff 2s 6<i ; wholo fowl wheat, 23 tc 23 Id ; broken do., Is 6d. OATS. The demand for all sort 3 continues active and considerable quantities have changec uands at a slight advance on last quotations The Sydney market ba3 receded somewhai owing to the heavy arrivals combined with tht low valno of maize, but as stocks here are nol heavy, wo look for . prices to bo well main tamed. Quotations are — Prime milling, 13 9d good short feed, Is 8d V- }'. ~* ' """»*'; " v ~-: Danish, 13 SW-~ * a *J* : falr average, Is 4Jd " BVRLET. _ The market remains qniefc. Thero ia very little primo malting offering, but quite sufficient m the meantime to meet the demand. Wo quote for prime malting, 33 Gd per bushel. Feeding quality, 2s Gd. CHBISTCHURCH COEN EXCHANGE. The following is the Christchurch Corn Exchange report for the week endinsr Friday Juno Ist, 1888 :- *' Deliveries by rail hayo viaibly fallen off and now supplies have chiefly to be drawn from ex atore parcels. The London market atjain shows a drooping tendency, but onr local market 13 more influenced by tho quantity of space offering than any outride demand. The price 3 offering are not sufficient to induce holders to take from store. Intercolonial trade is especially alack, and the Australian trade is almost at a standstill ; the majority of the potatoes are going forward on owners' account. WHEAT. Tuscan has had a good sale at 2* 8-Vd to 2s 9d, and large parcel ex atoro for" special orderß would command a fraction moro. Pearl 13 m good local demand at 23 8d to 2a Orl. Hunters, however, which is far more plentifully than other lines, ia quiet at 2s 7d to 2s 7Jd ; 'second quality is very dull at 2a Gd, chicken wheat (broken) 13 offering plentifully at Is lOd to 2s. OATS. Milling are firm at 23 to 23 Id, short fend Is lOd to Is lid— both have good demand. Long descriptions are not offering m any great quantity, but aro not specially enquired for. B-UILET. Prime is still worth -Is 3d to 'I 34d ; little, however, is offering. Medium quality has been changing hands at 3a Gd to 3s 9d, and inferior at 2s 6'd. Feed ia quiet at Is 9d to 2s. BEANS. Aro dull at 2s 5d to 2s Gd. PEAS. Prumian blue 3 aro without change at 23 Gd to 2s 9d ; feed aro moving off at 2s 3d to 2a 4d. OKARS SEED. Is without a chango ; machine dreseod at 2s wi to 2s 7d ; farmers' parcels vary from Is 9d to 2s. Cocksfoot ti not so brisk, although prices remain at 3ld to 3Jd for bright drc3sod heavy He«d, and '.'A for ordinary samples. POTATOBB. E-emain at 20s at country stations. DAIRY PBOBUCB. Butter— 8d has been given for prime. Oheo.io hao only a moderate trade at 2-Jd to a\t\, according to size and quality. Tho above prices aro those paid to farmers and delivered f.o.b. Lyttelton, sacks extra