COMMERCIAL.
S. C. Times Office, Saturday Evening. Considerable quantities of grain are being forwarded to Lyttelton for shipment abroad, the decline in freight and the firm tone of the English market having given an unwonted activity to our export trade. Most of the wheat forwarded in this manner has been stored for some time past in town, however, and there is good grounds for believing that the supplies remaining in the growers’ hands arc extremely limited. Wheat maintains its value, oats have steadily improved, but barley continues a drug in the market. We quote wheat, best milling, 3s lOd to 4s ; medium, 3s (id to 3s 9d; fowls’, 2s 3d to 2s Gd ; barley (nominal), 2s 3d to 2s 9d for malting, and Is 6d to 2s for inferior samples. Oats, Is 6d to Is 9d for milling, and Is 3d to Is 5d for feed. Dunedin, Sept. 17. The wheat market continues very inanimate and there appears no disposition on the part of millers to operate excepting for really choice samples, and for chese there is a reluctance to give the prices demanded by holders. Enquiry very small for fowl feed. Prime milling, 4s Gd; medium (nominal), 3s Odto is. Fowl feed (nominal), 2s Gd to 3s 3d. Oats, Is Gd to Is 8d for milling, and Is 5d to Is 7d for good feed, but transactions arc very restricted. Now that supplies are coming forward more freely, holders will probably have to give way somewhat, in which event more business may be looked for. Barley—Good malting samples can be placed without difficulty at 3s Gd ; for inferior descriptions there is little demand. Ordinary to good, 2s Gd to 3s 3d per bushel. Prime beef, 25s per lOOlbs ; mutton, 21d to 8d per lb. CniiisTcnußCJi, Sept. 17. The market continues dull. First-class milling wheat is worth 4s to 4s 3d and medium 3s 9d to 4s. Oats (good samples), Is 7d to Is Sd. Barley is without alteration. The stock market was fully supplied this week, and biddings were not very brisk. In sheep, prime lots of cross-breds realised 21s Gd ; good ditto, IGs Gd ; prime merinos, 21s Gd to 13s 3d; light weights, 10s Gd. We quote mutton at 3J per lb,. No quotations can be given for stores, which arc, however, in keen enquiry. Good beef cattle were in extra large supply. Prime bullocks sold at £l2 17s Gd; medium ditto, from £9 to £lO 10s. We quote beef at 22s per lOOlbs. Stores sold freely, yearlings to two-year-olds reached £4 to £5 ss, and three-year-olds £6 10s. Pigs sold at prices ranging up to £3 10s.
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South Canterbury Times, Issue 2342, 18 September 1880, Page 2
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440COMMERCIAL. South Canterbury Times, Issue 2342, 18 September 1880, Page 2
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