COMMERCIAL.

Akaroa Mail and Banks Peninsula Advertiser, Volume 2, Issue 154, 8 January 1878, Page 2

COMMERCIAL.

FROM THE LYTTKLTON TIMES. Christchurcli, Friday Evening. GRAIN AND PRODUCE. 'Fioob is steady at £14. Grass Sekd. —Information fa> hand from ".•the. penin-'i'a informs us that the cocksfoot is exceedingly well, and that cutting begin con.siderably earlier this season than it has done for some years jWst. ' A few lots of this season's ryegrass have been offered within the last few days. Growers are pretty stiff in their ideas of value. We quite 4s 6d to 5s for good samples, while for really prime quality buyers bid 5s 6d. Dairy Produce.—Bui tor, 7£ to_7£d; cheese, s£d ; hams and bacon remain unchanged. STUCK AND STATIONS. Since our last report, and during the and New Year holidays, there has been no business to chronicle. The country"as been favoured with tlie muchdesired rain, and there is at present every prospect that the long-continued drought •wh : ch threatened _tobe so disastrous is now fairly broken. At the Aldington Yards on Wednesday last 392 head of cattle 'of all kinds). 3819 sheep and lambs, and a few pigs■were yarded for the week's supply. Beef.—There was an over supply for •trade requirements, and though at the opening of the market previous prices were maintained up to from 27s 6d to 30s. towards the close prices receded to from .25a to 27s 6d. Sheep.—The bulk of the sheep yarded ■were fat, and though there had not been any sale the week previously, the supply was in excess of the demand, and vendors had to submit to a slight reduction per head, notwithstanding which the market • could not be cleared, and some lines were passed in, not reaching owners' expectations. Store Cattle.—There was a little more . animation in the demand for store cattle, but we cannot look for any great impr-.ivoment until «'c have far more rain.