CORN EXCHANGE

Ashburton Guardian, Volume VII, Issue 2046, 25 January 1889, Page 2

CORN EXCHANGE

- The following is the Corn Exchange report for the week ending Friday, January 25th, 1889 :— Most perfect harveßt weather continues and farmers .are all well prepared to carry through their harvest work expeditioualy so soon as it becomes ready for the reaper. One and all admit that the harvest promises to be better than it has been for years, and there is considerable competition among operators to find the best and most profitable outlets for our various surplus. The quality of the new oats which have been exhibited is above the average, especially aB regards color. Barley onthreshed samples are plump and bright and should be good malting if well harvested and threshed. Freights are difficult to obtain and full rates are obtainable both to Australia and London. We do not expect to Bee them much lower during the season. Wheat.— A few lines of old wheat have been under negotiation during the week, and ■ales have been effected at 3s 6d to 3s 9d, aocording to class and quality, Tuscan, when prime, commanding the latter figure ; Hunters and Pearl are quiet at 3a 6d to 8s 7d ; second quality is chiefly taken for whole chicken wheat at 3s to 3s 4d, and broken at 2a 6d to 2s lOd. Oats.— Considerable sales have been made during the past day or so, and as a contrast of prices, sales at this time last year were made at from Is 4d to Is 6d and a similar sample of 5000 bushels he a been sold to-day at 2s 7d, whioh may be said to be the average value for the week. Babucx. — A few lines of rubbed out samples have been exhibited, but as yet we have heard of no business transpiring, sellers demanding more money than speculators are prepared to give. We shall not expect to see much business take place jn this cereal for a week or so. B«anb.— Are wanted at 3a 3d ; blue peas have ohanged hands at 3a to 3a 3d, but the quality is not first olass. Giußß Sxbd.— Byegrasa has firmed, and farmers' parcels has ohanged hands at np to 2a 2d, while holders of machine-dressed ask for 3s 6d ; oooksfoot is without business and is nominally 3d to 3Jd. Buttxb.— The Ruapena takes a' large : quantity of butter which has somewhat relieved the market. Buyers are shy on ao* count of its now being risky -for the London market. Prices for prime quality from 6d to 7d, the weather is against the condition. Cbbesb.— Prioes from 4d to 4&d (or large, and 5d small. The above prioes are thoie paid to fsrmeri for delivery f.0.b., Lyttelton.