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MARKETS.

CANTERBURY GRAIN & PRODUCE. (.Latest Report .) The week just closed has been devoid of any marked characteristic. The same quietness of tone is still indicative of the market, and although there are buyers disposed to operate, actual sales have been on a limited scale. The accounts coming to hand from the various districts are all confirmatory of the exceedingly fine weather with which the country has been favored during the sowing season. Although the land being put in crop will fall short of last year, yet it is much greater than was anticipated. Wheat. —The market for this grain has not altered in tone since our last report. The demand for good milling samples continues at 4s Id to 4s 2d, and for extra quality a shade over these rates is obtainable. Full prices arc also being paid for lower grades, which a short time ago would have been neglected, unless at extremely low values. The enquiry for seed parcel, J has now somewhat abated, and not so many sales can be recorded under this head. Quotations for this class still remain at 4s Gd to 4s 9d, according to purity of seed. Oats. —Fine bright milling samples of oats arc readily saleable at Is.Gd to Is 7cl, and the demand for this description is capable of absorbing a larger quantity than is being brought forward at the moment. For good stout feed quality Is 4d to Is 5d are the ruling values, rvhilc the lower grades, which are in plentiful supply, are cjnoiecl at Is Id to Is od. Barley. —Transactions in this grain have not been extensive. The quantity offering lately of even fair malting quality has not been large. The current quotations are about the same as have been ruling for some time past. Prime lots arc next to unobtainable. Best samples, which arc also not over plentiful, are quoted at 3s 3d to 3s Gd. Good fair malting lots range between 2s Gd to 2s lOd. Feed parcels continue difficult to place except at very low limits. Potatoes continue slow of sale, and wc cannot report any improvement inprices. Glass Seed has been moving during the week with a little more life, although rates have not advanced. A few farmers’ samples of well dressed seed have been taken up at 2s 5d to 2s Gd. CANTERBURY STOCK. (Latest Report .) The attendance at the Addington Yards on Wednesday was very good, and included many buyers of store sheep who were unable to satisfy their requirements, the supply to hand being insufficient. The sale generally opened dull, but a slight improvement took place towards the close. The stock yarded comprised 3915 sheep, 525 cattle, and 40 pigs. Sheep. —There was a large supply of fat sheep, the number of stores being unusually small. The former were of excellent quality. Extra prime lots sold up to 24s ; good, from 16s to 18s Gd. Wc quote mutton at a shade over 24d per lb ; stores sold up to 10s Gd ; for cross-bred ewes in lamb, merinos at from 8s 6d to 10s Gd. Cattle. —The cattle yarded comprised a large proportion of fat beasts of good quality. Best bullocks (extra prime) sold at £l6 10s ; good ditto, £9 to £lO 10s, We quote beef at 23s per 1001b, Stores are still iu brisk demand, and all those offered were cleared at about last week’s rates. Pigs.—The demand for pigs continue to decrease. On Wednesday they sold at prices ranging up to £2.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/PATM18800904.2.19

Bibliographic details

Patea Mail, 4 September 1880, Page 3

Word Count
582

MARKETS. Patea Mail, 4 September 1880, Page 3

MARKETS. Patea Mail, 4 September 1880, Page 3

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