COMMERCIAL.

Globe, Volume XXIII, Issue 2364, 31 October 1881, Page 2

COMMERCIAL.

GRAIN AND PRODUCE. The amount of business transacted during the week has been of a very trifling nature, which would lead to the inference that stocks in the country are decidedly moderate. A few transactions in wheat have been reported at 4s 6d for fair quality, with a trifle more for superior samples. The demand for feeding wheat is good, but very little is offering. Flour is quiet at ,£ll 10a for best town brands. Oats remain quiet, and we have not heard of any transactions of consequence. The barley market is however active, and considerable second band saloa have taken place at up to 3s 9d- Malt kas also followed suit, and we hear of some large sales at much enhanced prices. Dairy produce is exceedingly quiet, there being no outside demand whatever.

COBH EXCHANGE, Tha following is the report for the week ending Friday evening, October 28tb : The state of the market has in no way altered during the week, and no hing has transpired which calls for comment The weather continues extremely favorable. A dvieea from all the snr--rounding districts report the growing crops looking well. Latest telegrams from hotne although reporting a fall of Is per quarter, indicate a steady market. Wheat. —Good sound re illing samples are worth from 4s fid to 4s 9d f.o.b ; second quality, 4s to 4s 4d per bushel; chick wheat ranges from 3s to 3s 6d per bushel. O a ta.—Business during tha week has been slack, values havirg rather a downward tendency. Good short milling samples are worth from 2s Id to 2s 2d f.o.b. t here is, however, a disinclination on tha part of buyers to operate at these figures. Feed oats are rather more saleable at from Is lOd to 2s par bushel. Barley—Good malting samples are worth from 2s 9d to 3s fid per bushel; medium quality, 2s 3d to 2a fid per bushel; feed, la 9d to 2a per bushel.

Potatoes —A better demand has b-en visible during the week. Orders have been fulfilled at from 27s to 30a, f.o.b. Grass Seed—There is little or no demand. "Values are unaltered —5s to 5s 9d being the quotations for first-class samples; cocksfoot, 3|d to 3|d per lb. Cheese and Butter—3d to 3£d for the former; 7d to 7Jd for the latter

SHARE MARKET. For week ending Oct 27th, as follows:—Sales: Insurance—Uni >n, 255; Standard, 16s 9d ; Colonial, 13a 9d; National, _ 335. Puyers— Banks; National, 81s : ; Colonial, 46s fis. In-surance-Union, 24s fid ; Standard. 16s fid ; Colonial, 13s fid; National, 32« fid ; South British, 50s ; New Zealand, 81s. Miscellaneous—Loan and Mercantile, 120 s ; Ward and Co., Limited, 60s premium ; Canterbury Tramways, 20s premium ; Christchurch Gas (XlO paid), .£l6 10s; Christchurch Gas (£4 10s paid). £7 10s; National Mortgage, 29s fid. Sellers : Banks—National, 83s ; Colonial, 48s ; New Zealand, £24 5s cum. div. Insurance — Union, 25s 3d; Standard, 16s 9d; Colonial, 13s 9d ; National, 34s ; South British, 62s ; New Zealand, 85s ; Accident, 3s 9d. Miscellaneous— Loan and Mercantile, 1255; Ward and Co., Limited. 65s premium; Christchurch Gas (£lO paid), £l6 15s; Christchurch Gas (£4 10s paid), £7 17s fid ; N.Z. Shipping, £5 17s fid; Kaiapoi Woollen Factory, par; Mosgiel Woollen Factory, 83s ; N.Z. Drug Company, 245; Ashburton Gas (70s paid), par; Suffolk Brewery Company, par; Southern Cross Petroleum, 4s fid. Securities on freehold properties meet with acceptors at 6J and 7 per cent, per annum.