CORN EXCHANGE.

Ashburton Guardian, Volume VII, Issue 1751, 27 January 1888, Page 2

CORN EXCHANGE.

The following is the Corn Exchange re* port for the week ending Friday. January 27th 1888:- ' .

With favorable weather, the harvest operations aro progressing with great rapidity. In the .arly districts, the majority of the oats are already harvested, and several samples have betn threshed and are m the market The wheat is rather late, but by next week farmers will be m the thick of it. The samples of oats exhibited are an improvement on those of tbe pa.t season. The markets are languid, and show no improvement on last week's values A few oats have been shipped to Australia, but wheat <-oes not find any outlet beyond our intercolonial ports, the high. freights demanded preventir g shipments to London on a large scale.

Wheat— The few orders coming" to hand from th-3 north are easily completed, holders now being anxious to clear their old stocks. Peart i* not ao plentiful, and commands 3s 2d to 3s 3d. Prime Hunter's is a 'so moro sought after, and is worth 3a 2d. Tu.can, of which a lorge quantity is not m the best condition, is being sold at 3a Id to 3s l£d. Chicken wheat is m rather better demand at 2b lOd for whole, and 2s to 2a 7d for broken Oats — With the new crop on the point of being placed on the m irket buyers are inclined to reduce their prices, but for prompt delivery good heavy short feed are worth Is 8d to Is Bjd, and milling are scarce at Ib 9d. Inferior sorts are entirely neglected, and are not worth more than Is 5d to Is 61.

Ryeqeasb -Numerous sales have taken place at prices ranging from Is 9d to 2_ 6d, the latter price being paid for farmers' well dressed heavy seed. At present there are no orders on hand for machinedressed.

C-iCK6foot— A few small samples of inferior seed have been exhibited, and have been taken up at 2£d and 3d, but we cannot give these figures as the likely opening prices.

Dairy Pkoduob —There is ptenly of both butter and cheese offering, but there is almcst a total absence of buyers. We quote best butter at SJ, and cheese at 3d. The above quotations are those paid to farmers and delivered fob. Lytielton, sacks extra.