COMMERCIAL.

Grey River Argus, Volume XV, Issue 1874, 7 August 1874, Page 2

COMMERCIAL.

Christchurch.— The '.' Ljttelton Times " of Saturday last . makes the following report: , In, the grain' and produce market, in the course of the past week, no transactions between farmer and and merchant have taken place, but, as millers' stocks ate getting low, we look to prices being fully sustained, notwithstanding the fact that, owing to large arrivals at Auckland and Australia from California, orders from those places have been almost niL Our quotations remain as follows : —Wheat,, 4s 3d to 4s 4d or 4s 5d fer extra prime ;■' pats', '4s to 4s 3d j barley, good bright malting samples, 43 6d to 4s 9d. Millers' prices are unchanged, viz.:— Flour, LU 10s sacks, Ll2 in 1001 b bags, Ll2 10s for 501 b bags ; bran, L 5 15a per ton ; sharps, L 6 10s per ton, with 10s extra f.o.b. in Lyttelton; oatmeal, L2sjper ton. : : Butter is still wanted at from 12Jd to 134& : Cheese, first quality, fetches readily s|dito6d. . Bacon and hams, B|d in cloth ; hams only, lid ; bacon only, 7|dfo.b. in Lyttelton. Potatoes are in demand at L 4 per ton, but farmers do not feel inclined to accept this rate, and, as a consequence, extensive: orders from the northern Provinces have been directed to Australia. -With - regard^to -the stock and Btation market, ithej same paper says.:— The past week has not disclosed any new feature in this market, but it, is .evident that there will be no scarcity of fat sheep this season, as was anticipated. This remark, does not, however, hold good as to cattle, which are very scarce even now, and, as the season advances, a greater scarcity may be expected. The newSiprought by , the 1 late mails as to

the value of our staple articles of export in England is very satisfactory. The demand for wool continues good, and it was anticipated that there would be no stocks in first hands at the commencement of the new series of sales on the 18th instant. Tallow had also advanced in price, although preserved meats remain dull of sale. At the .yards, on Wednesday, there, was a fair entry of sheep, although the quality was scarcely up to the usual mark. A small lot of superior cross-breds brought 18s a piece, far in advance of any other lot. Merino wethers brought 13s 6d, for best. We leave our quotations to stand at 3d per lb. No good fat, cattle were yarded, but the trade had to compete for what, in ordinary seasons, would not be looked at. Our quotation is 25s per 1001 b for best quality offered, but more could be obtained for really prime light weights. In store cattle there is little doing, but prices in the small transactions which are taking place show no decline, but rather the reverse.