COMMERCIAL.

South Canterbury Times, Issue 2294, 24 July 1880, Page 2

COMMERCIAL.

S. C. Times Office. Saturday Evening. The grain market in the district is without alteration. Sales are dull and can only he effected with difficulty, and the wheat and oats brought into town are chiefly for export. A large quantity of barley remains in the grower’s hands, but though the samples are fine, there is no demand for local consumption. Large shij)ments of barley and oats for Auckland, and the Australian colonies continue. The following arc the ruling quotations; "Wheat : Prime samples, 3s to 3s 3d j medium quality, 2s 9d to 3s. Barley, 2s 3d to 2s Bd. Oats, Is to Is 3d.

Duxedin, July 21

Produce Market —Good sample milling wheat, 3s 9d to -Is Id ; fowls’ wheat, 2s 8d to 3s; feed oats, Is -Id to Is 5d ; milling, Is (id ; malting barley, 2s 9cl to 3s 3d ; feed, Is 8d to 2s Gd ; potatoes, £2 5s to £2 7s Gd ; old hay, £1; new oaten hay, £3 ; chaff, £3; straw, £2 ; bran, £3 ss; pollard, £4; flour, £9 10s to £lO ; oatmeal, £9 10s; pearl barley, £18; onions, £7 ; cheese, sd; bacon, rolled, 9.1 d ; hams, lOd; sides bacon, ffi]d. Share Market. —Mr J. B. Bradshaw reports : —Bank of New Zealand shares, £2O ; Colonial Bank, 45s to 4Gs ; National Bank, 60s ;National Insurance, 25s ; Southßritish Insurance, 475; Colonial Insurance, 7s to 7s Gd ; New Zealand Loan and Mercantile Agency, 90s; National Mortgage and Agency, 25s ; Scottish and New Zealand Investment, 255; Colonial Investment and Agency, 22s ; Union Steamship, 185 s.

CHRISTCHURCH CORN EXCHANGE. The following is the Corn Exchange report for the week ending Thursday, the 22nd instant:—

There is no change to report in the state of the market during the week that has elapsed. Feeding grains continue to be in good request, and a small advance in values may be said to have been established. Large quantities are passing into consumption solely on account of the cheapness of the article. The weather for time past has been all that the farmers could desire. Wheat.—Good sound milling quality continues to be inquired for, but holders appear to be supine. For this class 3s 9d to 3s lOd per bushel is the market rate. For large lines suitable for shipment a shade over these quotations is obtainable. .Second class wheat, Is 9d to 2s 4d ; seed samples, 4s 3d to 4s Gd per bushel.

Oats—The state of the market this week in no way differs from its predecessor. The demand continues good, but holders arc still unwilling to do business at the money offered. For good plump milling samples Is 5d to Is Gd is obtainable. Feed parcels Is 3d to Is 4d. Discolored and inferior, Is to Is 2d per bushel. Barley—The demand for really prime malting has not abated. This quality is readily saleable at 3s to 3s 3d per bushel. Second rate quality is plentiful, and does not command much attention. 2s 3d to 2s Gd per bushel is asked, but it is not readily saleable at these quotations. Feed samples Is Gd to Is 8d per bushel. Potatoes —Some large shipments to the .Sydney market have taken place during the week; in the aggregate 1370 tons. This large quantity, coupled with the supplies from other producing districts, will undoubtedly lower values. As this market is one of our principal customers, for the tuber, prices there may be said to regulate those here. In view of these facts it is not likely values will improve ; on the other hand they are not likely to recede, as the farmers will not move them for less money; 22s Gd to 25s per ton are the prices of the day, sacks extra. Cheese and Butter —4d to 41 d for the former, 9d to 91 d for the latter. Hay—sos to 55s per ton, delivered in town. Carrots 20s per ton.