COMMERCIAL.

Akaroa Mail and Banks Peninsula Advertiser, Volume 3, Issue 278, 18 March 1879, Page 2

COMMERCIAL.

FROM THE LYTTELTON TIMES. Christchurch, Friday Evening. GRAIN AND PRODUCE. A fair amount of business can be reported in wheat and barley, while in other of produce, transactions have ■r. cunfiued nearly to absolute purchases rders in hand. . t", eat. —We have very little change to :. v- in the position of the market. Al- .;»! «igb Aye have in a measure to repeat the quotations of the previous week, yet we can note a slightly firmer feeling. Prime samples are quoted at 3s 3d to 3s 4d; average, at 3s to 3s 2d ; and lower qualities, 2s lOd to 3s. From Melbourne we learn that best milling is selling at 4s 7d to 4s Bd, sacks included with an improved feeling caused by the demand for shipment to Europe, the unprecedently low freight oitering at the moment, viz., 13s 6d to 15s, tempting buyers. Outs.—'There is comparatively little uif\y iiv this grain being wholly confined local requirements. Prices remain . - -Jt the'same as last week. Barfe.y.'—The' demand for this grain con- .-'•<!(■<: .good, and sellers are asking good ji.-ii/ei?. First-class malting is worth 5s 6d to 6s. Other descriptions range from 4s 6.1 to os 3d. Potatoes.—We have not much to review under this head. Only small sales for current requirements have come under notice. Flour iB in fair request at previous rates viz , £8 to £9, according to brand and Bize of parcel. ■'irass Seed.—The market for seed of all hrds>. is almost without life. Rye grass is coming- forward in quantity, but few sales can be advised. Dealers are not anxious ;■.; -.ay in stocks at prices asked, and sellers are 'beginning to see that the scarcity anticipated at the beginning of the season, _.r>d cciiaequent long prices, are not likely :,_ ji? realised. Rates since the harvest have steadily receded, and at present sales /[ : almost any quality are exceedingly difficult to make. Cocksfoot is likewise difficult to quit, and sellers have had to accept a reduction on opening rates to Lice sales.. The almost total failure of ;'.: crop of this seed on the Peninsula has h, as ie was feared, affected prices here, i c quantity of North Island seed brought ■ r-vard in the market having effectually s:r;ked increased values. In small lots .. - worth Gd, but for large parcels it can ■ught for much less money. .ry Produce.—Butter is about the ■_• 9d to lOd, with a limited enquiry ; .-..-..:'.!, bacon, in cloth, v. ii.il fair demand.