CORN EXCHANGE.

Globe, Volume XXII, Issue 1858, 6 February 1880, Page 3

CORN EXCHANGE.

The following is the report of the Com Exchange for the week ending Friday evening, February sth : _ Dnring the week transactions in grain have not been numerous. Opening prices in all classes of produce cannot be said as yet to have been established. The farming community are still busily engaged with harvesting operations ; until these are in a more forward condition, and farmers have leisure to bring samples of their produce to market business will be slack. A few sales of the earliest crops have been effected at values, but these cannot be taken'as a criter on of prices to be obtained. Prices are oscillating between the hopes and wishes of buyers and sellers. Pome controversy is at present going on as to the cost of shipping wheat to the London market, one declaring the cost to be 2s sd, the other 2s 3Jd. A very close approximate may be taken at 2s 3d per bushel from f.o.b. Wheat. —A few early parcels have changed bands at 4s 3d for good milling quality, while medium to inferior will not command over 3s 9d to 4s. Chick wheat samples are not yet offering. Barl-.y.—Severa 1 parcels are already in the market. A few have changed hands at from 3s to 3s Gd. The qu dity of the samples which have already come forward this season as a rule are not good. This is probably mainly attributable to the fact of its not having been stacked. Farmers should bear in mind that the unusual quantity of wot which the crops have been favored with this year will render necessary a longer time in stack to properly ripen and mellow the grain. Parcels now coming forward which have been either threshed from the stock or so short a time in the stack that time has not been given for the winnowing of the grain, do not show to advantage, and consequently producers have to accept low prices. Buyers of barley, maltsters in pnrticul ir, are ho’ding back waiting the arrival of the hulk of the yield. For really first quality the probability is that 4s will bo the ruling figure. Oats —A few sales have already been made at prices ranging fom 2s Sd to 2s 7d. The low prices this year are unquestionably attributable ■£o the enormous quantities which will bo and already are for sale. These extremely low prices will doubtless op n n up markets for the consumption of this cereal which were closed to the high rates ruling last year, so that it may reasonably be expected that rates will improve instead of retrograding on the above mentioned figures. Grass Seed—Large quantities are in the market fnr sale, with but a very indifferent demand ; the quality of the seed this year is undeniable, but the enormous yield, coupled with the demand being slack, has reduced the price to a minimum; the quotations are 2s 9d per bushel.

Cheese and Butter—lid to 4d for the former, Vd to 8d for the latter. Be it understood, howover, that the last-mentioned price is obtainable Qotj for the produce of dairies of good repute.