COMMERCIAL.

South Canterbury Times, Issue 2518, 16 April 1881, Page 2

COMMERCIAL.

S. C. Times Office. _ 8 aturday Evening, DUNEDIN MARKET.

MrDcnald Stronach, (on behalf of the New Zealand Loan and Mercantile Agency, Company, Limited), reports for t ! e week ending April 13 as follows ; Fat Cattle—The moderate supply of 175 head came forward at Ihe Burnside yards to-day. Competition from the trade was fairly animated, and last weeks prices veil maintained. Bullocks realised from £3 5s to £9 2s 6 I ; and cows, £3 7s Gd to £8 15s per bead. Fat Sheep-—The supply was small, consisting of only 1272 crossbreds, which were readily sold at an advance of Is to Is GJ per head on last market rates. Prices ranged from 11s 3d to 13s 9J per head. Fat Lambs —Forty-eight were forward, and sold at from 8s 9d to 11s 9d.

Fat Pigs—Ninety-eight offered, and realised from 21s to 5Cs each.

Grain.—Wheat : Holders appear less willing to meet consumers ideas than they were a week or two since ; and as the latter arc indisposed to advance business has been somewhat restricted. Wc cannot in the meantime advance on our quotations in last report—namely, prime milling, 3s 9d to 3s lOd; fair to good, 3s Gd to 3s 8d ; fowl feed, 2s 3d to 3s per bushel. Oats are in considerable demand, and all coming forward arc readily placed at late rates, say Is Gd to Is 7d for good feed oats. Milling would command Is 8d to Is BJd, but there is none offering. Barley : No change to report.

London, April 12,

Consols remain at 1004. New Zealand securities are unchanged at last quotations, viz.: 5 per cent. 10-10 loan, 102 J ; 5 per cent 1889 loan, 10G; 4 J per cent 1879-1904 loan, 98. Adelaide wheat, cx warehouse, ols; New Zealand, ex ship, 475; Adelaide flour, ex warehouse, 31s; Australian tallow, unchanged, at 34s for best beef, and 36s Gd for best mutton.

CANTERBURY CORN EXCHANGE REPORT.

Cheistciiuech, April 15. The following is (he report for the week ending Friihiy, April 15 : There is no change to icportin the state of the market during the past week. The scarcity of tonnage is still heavily felt, and to a very considerable extent retards business. The weather within the last few days has been most propitious, and the fears which were entertained of the country suffering from drought, are now completely dispelled by the genial and copious rains which have been general throughout the district. The great bulk of the wheat crop has now been threshed out and delivered. The recent arrivals of ships to load grain for Great Britain, and others daily expected, will soon clear the sheds, ani thus tend to make business brisker.

Wheat—Fine sampless of Tuscan in large lines are still the parcels roost sought after by shippers, and for these the top prices are obtainable, viz., 3s 9cl, Bs 9ld, and 3s lOd per bushel, on board in Lyttelton. Velvet chaff and pearl in suitable shipping lines are also saleable at from 3s 7d to 3s 8d per bushel f.o.b. Hunter’s white, Bs 6d to 3s 6£d per bushel. Lines of wheat of a quality not equal to the foregoing, but still saleable for shipment, 2d to 3d under these quotations. Chick wheat ranges from Is 9d to 2s 9cl per bushel, according to quality. Oats.—The upward tendency of the market which was indicated by the rather bare supply is still maintained. Any parcels coming to hand meet with ready purchasers, good bright milling samples from Is 9d to Is lOd per bushel; feed, quality, Is 7d to Is Bd. The tone of the market is firm, but consumers are not inclined to advance on these quotations, the well-known large quantity of feed barley acting as a check. Barley.—Considerable quantities of this cereal continue to come forward, but the quality as a rule, being inferior, does not meet with much attention from brewers and malsters. Medium to good malting may be quoted from 2s 3d to 3s 3d per bushel, the demand sluggish and sales difficult to effect. Feed parcels are rather more saleable at from Is Gd to Is 9d per bushel.

Grass Seed—The demand continues good, with the market well supplied. Well cleaned farmers’ parcels have realised from 3s 6d to 4s Gd per bushel; indifferently cleaned, according to sample.

Potatoes—Business in the tuber has been rather brisk during the past week. Sales have taken place at 35s for immediate and 40s for immediate delivery. Cheese and Butter—The former is exceedingly unsaleable, 3d to 3Jd being the nominal quotations. The latter is more saleable at at 7d to 7£d. Hay—sos per ton delivered in Christchurch.