COMMERCIAL.

South Canterbury Times, Issue 2547, 20 May 1881, Page 3

COMMERCIAL.

CANTERBURY CORN EXCHANGE. The following is the report for the week ending Frida} 7 , May 20 : There is no quotable alteration to record in the value of cereals. Business on the whole has been exceedingly quiet during the week. The shipment of grain from Lyttelton continues without abatement, and there are still large quantities on hand. The weather has been all that could be desired for farming operations. Wheat—Notwithstanding the recent advices from Home, indicating a fall in prices, the local market is firm. Tuscan, in large lines, continues to be sought after, and will command 3s 9d to 3s 10d, f.0.b.; where the sample is of exceptiongood quality, clean, and fit for seed, 4s to 4s 3d per bushel is obtainable ; velvet chaff and pearl, 3s 7d to 3s 8d ; Hunter’s white, 3s 5d to 3s Gd per bushel. The seed wheats range from 3s 9d to 4s 3d per bushel ; seconds from Is Cd to 2s Gd per bushel. Oats. —There is still a good demand and holders are firm in their demands. Good bright milling qualities are saleable at from Is lOd to 2s Gd ; feed samples, Is 7d to Is 8d ; inferior feed samples 2d per bushel under the lowest quotations. Barley.—A few transactions continue to take place, but the market is extremely heavy and sales are different to effect. Exceptionally good malting samples is, however, readily saleable at from 3s to 3s Gd ; medium, 2s 3d to 2s 9d ; feel quality, Is 9d to 2s per bushel. Potatoes —The market is still in a very unsettled condition, and buyers apoear chary of investing in the tuber A few orders, however, are making their appearance on the scene, and this will doubtless reinspire confidence. It is difficult to give exact quotations in the present state of things, and some in all sales have taken place under what some buyers are prepared to give. Last week’s quotations may be repeated, viz., Bis 6d to 34s at country stations, sacks extra. Grass Seed.—There is no alteration to note in the state of the market, 4s Gd to 5s per bushel being the figure tor really •well cleaned fanner’s parcels, indifferently cleaned according to sample. Cocksfoot. —There is a very decided advance in quotations during the past fortnight, holders are now asking from 3d to 3-H per lb. Orders are coining to hand with the market rather bare. Cheese and Butter.—The former is still in plentiful supply and the market heavy at 3d to 3£d ; the latter is saleable at from 74d to 8d per lb. Hay.—£3 10s to £2 15s per ton delivered in Christchurch.