COMMERCIAL.

Star (Christchurch), Issue 6017, 27 August 1887, Page 2

COMMERCIAL.

GRAIN AND PRODUCE.

We have to report one of the n O3t unsatisfactory weeks for business that has bsen experienced for a long time. With English adriceß reporting a good yield itt the United Kingdom, and lower prices for cargoes of wheat arriving, buyers here are apparently holdoff in anticipation of prices giving way, but so far Bellers have made no fiigu of accepting lower rat«B.

The recant change Jn the weather ia enabling fp.vinera to get on with their sowing. On many farina there Is yet a lot ot the area intended for wheat yet unsown. Wheat.— Though there has been litUe business doing, we do nob alter last week's quotations. At the' moment trade in this coreal is almost at a standstill, as buyers look forward to a. reduction in. prioea now asked, "We quote Tuscan and Pearl to 8a 7a 5 Hunter's, 3s 50, to 33 8(1 ; fowl wheat, 2b Od to 3s. Oath are slightly better on the week, though we cannot report any increase In value. Prime milling, Is lid i good heavy eed, Is Od to Is lQd ; inferior, IB 6a to 1b 7d.

Barley.— There are still ontßide enquiries for prime malting, but stocks here are depleted. Is second quality, business is doing at 88 to 3.1 6d. I Peas,— But little doing, and tkat prlnoipilly ton seed. We quote Prussian bines, 3s to 3s id ; dun. and other feeding sorts, 2b 9d.' Beaks,— A good enquiry, but stocks ate lon and orders cannot bo filled. We quota 33 31 fa: good quality.

Gbasb Bbed.— Ryegrass is more heavily uel 1 , than appeared to be the case at the commencement* of the season, and prices are now weaker. Far-, ciera' parcels nro offeiing freely, end tellers orn anxious to realise. Trices vary considerably, cay from 1b 9i to 2b 0d; maohine-dreßßed, 3b to 3s '3d. Cookafoot is moving steadily at recent qnotatirni), and there will bo no quantity of this seed canned over, Pricos, 4d to 4Jd for good j 4Jd for axtira heavy.

Potato? s are unsaleable. We have heard cf Bales at 12s in growers' paddooks, but feel a diiHcalty in giving a reliable quotation.

Daiev PnODOCE.— Butter— good keir Bella Baailily at Bd. Cheese is very difficult to quit;, 'prices range from 8d to 4}d.