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CORN EXCHANGE.

The following is tho Corn Exchange report for the week ending Friday, 23rd April Business during the week has been of the most limited description. Since decline in values only small parcels are changing hands, lurizo growers preferring to take the risk of the English market themselves. The weather continues to he all that can be desired,_and threshing operations are steadily progressing. Large quantities o£ grain continue to come to hand, and is being shipped as fast as the vessels can load it. Prices are not altered, and the market for all classes of produce is still heavy. Wheat —Prime milling quality, suitable for shipment, cannot be quoted at over 3s 9d to 3s 10d per bushel; large lines of tho beforementioned will find buyers at these quotations f.o.b. in Lyttelton. Small parcels are not so saleable, threason being that the local buyers are apathetic, and shippers do not care about them. Chirk wheat is in good supply, with a fairly good demand for fair to good quality Inferior is rather neglrotcd. and does not meet with ready s .e. Prices range from 2s fid to 3s per Oats —Email parcels are coming forward, and arc bain:-? absorbed by the local dealers. Large buvers are not a ,eev to purchase on account of aa*ttoaasv feeling av to tho future value of this cereal. 'The prodigious yield has. to some extent, taken growers by surprise, and what to do wish them is now a vexed question. The quotations arc as before. Is 'ld to Is fid per bushel. Barley.—The market this week is, if anything, duller than the one that preceded it, maltsters and brewers appearing to be quite indifferent as to anything that is offered. Sellers are, in many instances, offering really good malting quality at low figures, which fails to lead to business. A decline in value may, therefore, be looked upon as having been established. Good malting, 3s fid to 3s 9d per bushel; feed sorts, 2s 3d to 2s 6d per bushel. Grass Seed.—Small sales continue to take place, but the trade is by no means brisk, 2s fid to 2s 9d is all that is obtainab’e for fairly good samples. Exceptionally good will command an advance on these prices. Potatoes. —Sales are taking place at from £7s 6d to 30s per ton, but these quotations cannot be said to be tho established price which will rale. Tho trade has not yet fairly opened up. Cheese and Batter.—The former is in large supply with a heavy market at 4d to 4£d per lb. The latter finds ready sale at Bid to 9d per lb.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GLOBE18800423.2.28

Bibliographic details

Globe, Volume XXII, Issue 1923, 23 April 1880, Page 4

Word Count
439

CORN EXCHANGE. Globe, Volume XXII, Issue 1923, 23 April 1880, Page 4

CORN EXCHANGE. Globe, Volume XXII, Issue 1923, 23 April 1880, Page 4

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