COMMERCIAL.

Globe, Volume II, Issue 183, 9 January 1875, Page 2

COMMERCIAL.

Very little has been doing in the grain market tbia week. A few small parcels of wheat have been brought into town .by the holders, and bought up at 5s 3d. Oats are considerably cheaper, and are now quoted at 5s 3d, a considerable quantity having, in anticipation of next season's crop soon coming in, been forced into the market. Oats and barley axe being cut in several districts, and so far look ' well,: although the barley has been somewhat damaged by the late rains, being more easily affected by the weather than either wheat or bats. Millers' prices in Christchurch are:—Flour, sacks, £l2: bags, £l2 10s; sharps, £6los; pollard, £5 10b ; and straw, ;«5 10», with 10a extra to b. s Butter *l«reomtoeMttfreeljr at rid to.Bd.' Cheese, 6*d to 6d. Ham and bacon, is, f 0 b. Business has been very brisk In the import markets during the past week. We have to report several large sales of general merchandise. Stocks are very heavy in importers' hands, but will soon work down as the busy season has now fairly set in. We understand the 4th of the month baa passed over well, in fact much better than many expected, considering that money is so tight. We have no foreign arrivals to report this week. Wool is coming in freely now, and vessels Madias are filling up rapidly. The Elizabeth Graham is a full ship, and will get away about Monday, her cargo consists principally of wool In sugars we have to report considerable activity. We hear of a line (about 1500 pockets) changing hands it lor beat white, £35; white counters, £34 10s; yellow crystals, £33 10s to £33. The trade have bought freely at prices considerably above those quoted. Tea meets with very good trade sale; no urge sales to report. Ales and stout sell at prices which leave no margin for importers, i Bass's butt ale finds purchasers at £9 to £9 10s for large lots, in brandies sales have been mostly confined to trade par- . eels. A little lot of Henuossy's pale has been placed at ■'■ 9* 9d; MartelT s dark meets with good Bale at 9s 6d to tfs 9d; Hennessy's case, 29s 6d to 30s. In other lines of spirits sales have been mostly confined to the trade, at current rates. Tobacco commands ready sale at our last quotations. Salt—A shipment of coarse salt has been sold at £3 10s, a price which leaves great loss for importers. There is very little doing in hops. Holders of last year's growth should do well with their stocks, as the new season's (English) will cost from 2s 7d and '; upward!.; Com saoka are being inquired lor; a few sales nave been made at 12s 9d. A parcel of navy canvas has been placed at Is Id, with id fall; the demand for well known brands is good, and holders should obtain an advance on this price. Long flax canvas does not move off quickly. Gal vanisod iron—'file market 18 bare of bent brauds; 1" lout, stocks are now low in alt kinds. Morewood's is quoted at JE34 10s to £36! Lysaght's, £35 to £37.; Gospel Oak (anchor brand), very little to be had at £36 to £37 10s. Cement meets with usual amount of attention at our last quotations.

Hhri H. Mmtson and Co report on the Ure stock market, &c, for the week ending Bth January, 1875, as follows:—At the Canterbury Sale Yards on Wednesday, 266 head of'cattle, and 4,300 sheep, came to band for the week's supply. In cattle, our sales comprised 216 head for Messrs McLaren and Gee-.. a Km, Davis, Kinley, •W. Jones, Corr, G rimsey, and others, at, for fresh young cattle, £2 6s to £3IOB per head; station bred cows, £3 per head; cows in milk and springing, £5 10s to £7; fat cattle, £slos, £7los, £9 ss, to £l2 per head, Beef sold at 25s per lOOlbs. Although every head yarded was sold, the sale was a drag throughout, biddings being very slack. In sheep, our entries comprised 18U head for various owners,,and the whole were cleared; We ■old, »£!). CCallaghan, 140 jmeHno wethers, at 8s per head, 89 cross-breds, for Mr F. C. Murray, at 12s 6d; 190 do, Mr Geo. Malthus, at 10s 6d; 60 for ~ Mr Garforth, at 10s; also 1335 mixed stores, in small lines for different owners, at various prices. Fat .:■-: lambs, 8a to 9» per head, and 6s 6d to 7s. 6d for inferior,. Outside we sold. 600 merino wethers, fcr Messrs Bell and Knsor, at 8s per head. Country sales—On Tuesday, at Templeton, we held a clearing sale of live and dead stock, on account of Mr Edmund Langstreth. There was a large attendance of purchasers present, andsales modewere highly satisfactory, viz.—Heifer Clarion, 50gsj bull. Marquis of Waterlord, £22; heifer calf, Maid of Gwynne, £l7 lis ; and sundry ordinary cattle, £9 to £lO per bead. Horses—£3s, £37. £2B, £3l, £l4 10S, £2l, £3O, £35 10s to £52 10s per head. Sheep-Four-tooth ewes, £2 to £3 ssper head; six and eight tooth do. 25s to 30s each; second quality do, . 9s to lis per beadj two-tooth ewes, lis, 14s 6d, 16s to 40s per head;'ewe lambi from Us, 14s, to 20s each; wether do, 9s 6d each; ram lambs* 22s each ; rams, £3los,|£6 t £8 to £l3 10s per head. Beaping machines, carls, drays,! and farm implements sold well. About 900 long-woolled sheep were disposed of at above figures. Freeholds—We have to report, having sold , Mr Livingston's Head of 'we Bay farm, comprising 212 acres, for the sum.of £1325, equal to£6 5s per acre cash.