THE VICTORIAN FLOUR AND GRAIN MARKET.

Globe, Volume I, Issue 71, 22 August 1874, Page 2

THE VICTORIAN FLOUR AND GRAIN MARKET.

The “ Argus ” of the 10th instant reports In the market for breadstuff's there have been few fluctuations since we wrote last month. The price for bakers’ lots of flour has ruled at £l3 lr>s to £l4, bags returned: for parcels, however, £l3 5s has been required, but only a moderate business has been done, no large lines having been taken up at the price ; on the other hand there have been no sellers even of large parcels under our quotation. The course of the market has been interfered with to some extent by small lots being sold by auction at a shade under our quotation ; but the bad cflect was only temporary. Wheat has in like manner been characterised by very little fluctuation. At one time the market improved, prices stiffened, and sales were made at (is 4(1, with holders requiring (is 5d but the demand afterwards slackened, and values declined to 6s 3d, at which the rate now stands for very prime quality. Since writing we loam of 6s 2d to 6s 4id having been got for 800 bags. Medium is quoted at 6s to 6s Id. A shipment of about 2000 bags of New Zealand, by the Apelles, changed hands at 5s 7(1 to 5s 8d ; and another of equal extent, just to hand by the J. Nicol Fleming, is now offering privately ; both parcels were originally Intended to be shipped home. Feeding grains have not been marked by much activity. The oat market more especially has been weak, but as this has happened in the face of very little coming forward, and comparatively nothing being offered at the auction sales, more firmness has again been evinced during the present week. As a rule the parcels ottering have not been of any very great extent, and for some time past the price of ordinary qualities has stood at 4s 9d to 5s for good feeding, and the only large lines placed were from the Apelles andJ. Nicol Fleming, when some 3500 bags New Zealand feeding qualities were cleared oil' at ss. Milling sorts are selling at 5s 2d to 5s 3d. Maize for some tjmc presented a declining tendency, but after touchitig 4s 6|d, recovered, and owing to small quantities coming forward, has advanced once more to 4s lid. There has been less doing in barley; feeding sorts fell to 48 6d to 4s !)d, while cs would be taken let) malting, and a very secondary sample was placed at 5s Od. A shipment by the Apelles of 10,000 bushels was cleared off on private terms, and one by the J. Nicol Fleming is now on the market, and expected to be closed for ere the mail leaves. Bran has been saleable at Is od to Is sld. Pollard has been run up to is 8d to Is 9d. Victorian oatmeal has been selling at £32.