CHRISTCHURCH CORN EXCHANGE REPORT

Ashburton Guardian, Volume VII, Issue 2245, 5 October 1889, Page 2

CHRISTCHURCH CORN EXCHANGE REPORT

The following is the Corn Exchange report for the week ending Friday, October 4'h: — Business for the week has shown no decided < tendency m any direction. Buyers and sellers are at variance as regards values. In wheat the slight advance "or firmer tone " of Ixnvlon quotations gfve as usual a brighter and more confident feeling to farmers who have had the temerity to hold so late m the season, we trust the same encouraging news may continue until stocks now held are quitted. Oats are not now looked on as such geod property, values continuing to decline. Buyers are decidedly averse to speculate, and m local consumption spring grass is so plenti* ful that the demand is rapidly decreasing, and while not encouraging to hold stocks we see no reason to fear any material diminution m values. Other cereals are quite dormant, and no change has taken place. Grass seed, beans and peas are without alterations, and values remain at as last week's . Potatoes arc firmer, and lor really prime picked Dements much ( better priced are offered. Sales at country itations have been made during the week at; higher rates than latest returns would warrant i we think holders would do well to quit a. once to avoid repickiog and waste of weigh 1 and labor. Our quotations for the week are as follows J — ■ Wheat.— Prime Tuscan, 3s $d to 3s 6rt ; Pearl, 33 id; Hunter's, 3s; chkk wheat, 23 4d to 2s 6d. Oats. — Milling, 2s 6d to 2s Jd j short feed, as 4d to 23 sd. Barley. — Prime malting, 3s 6d ; second quality, 2s iod to 33 ; feed, 2s to 2s 3d. Ryegrass. — Town machine dressed, 4s to 48 6d ; farmers, 3s to 33 3d. Cocksfoot.— Prime, 3d to 3#d. Produce. — Potatoes, prime derwents, 80s at country stations ; butter and cheese without chancre.: The above prices are those paid to farmers for delivery, f.o b., sacks extra.