CORN EXCHANGE.

Globe, Volume XXII, Issue 1948, 22 May 1880, Page 3

CORN EXCHANGE.

Beport for the week ending Friday evening, May 21st, 1880 : The state of the market for all classes of pro duce has in no way altered during the week that ha 3 elapsed. Eecent advices from Home have not given buyers more exalted views as to the value of wheat. The price is barely so good as before. Good quality, and in large lines, will still command the price ruling a week ago. Inferior parcels do not meet with much attention. Barley buyers are still reticent and fastidious ; nothing but the best samples are meeting with any attention, and even these are looked for at prices totally incompatible with the profitable production of this cereal. Oats are also at such a price that producers do not care to send them to market for the money offered, while potatoes are not meeting with the demand that was anticipated, consequently prices are very low. The weather, for the general requirements of the country, continues to be all that can be desired. Threshing operations are being steadily proceeded with, and large quantities of grain continue to be shipped for Great Britain. Wheat.—Good, sound milling samples in lines, fit for shipment, will meet with buyers at 3s Gl, f.o.b. in Lyttelton. Seed parcels—i.e., true to name —well grown and clean, are worth 4s to 4a 3d per bushel. Chick wheat is still in large supply, with inquiry hardly so good, and is not saleable at over 2s 2d to 2s 9d per bushel. Oats.—Small parcels are looking for buyers at from Is 3d to Is 4d per bushel, but buyers are not eager. Inferior and feed samples will not command over Is 2d to Is 3d per bushel. Barley.—Barley still continues to be largely offered, the quality as a rule is indifferent, and is simply unsaleable, while good samples are going begging at ridiculously low prices withont meeting with purchasers. Little or no business is doing. Fair to good malting Bample3 range from 2s 6d to 3s 4d per bushel. Feed quality has receded to Is 6d to Is Od per bushel, with a dull market. Potatoes. Only small Bales are reported. Buyers appear to be operating with great caution. Producers are in many instances equally unwilling to do business at the prices offered, and are pitting in anticipation of better things to come. Sales have taken place at 25s to 26s per ton (at the Styx and Papanui Railway stations), sacks extra. Grass Seed. —The market for this classof produce has not experienced any change, prices remaining at last week's quotations—2s 6d to 2s lOd per bushel; cocksfoot, 2d to 2id per lb. Cheese and Butter. —The former is in good supply, with the demand slack, at 4d to 4£d per lb. The latter, for prime quality, the demand is fair, at B£d to 9d par lb, while medium to inferior is unsaleable.