GRAIN AND PRODUCE.
The grain trade for the ensuing six months ■will doubtless be much of the same nature as has been noted in previous seasons, and the past week may fairly be taken as an index of what is to follow The quantity of_ wheat offered has been so trifling that no quotations of a reliable kind can be based on the prices offered. A few hundred sacks were disposed of by auction during the week in the Lyttel- I ton railway stores, and the prices obtained ranged from la Cd to 3s 7d, according to quality. Farmers who have stocks are generally too busy to come to town. Millers advise a gcod demand for flour during the week at £9 to £lO, according to brand. Oats continue in good request, and a slightly better price is now obtainable for any really good quality. Several large ships are reported as being chartered to come here to load with this cereal for London, and if the report is correct farmers will no donbt avail themselves of the opportunity of practically testing the English i market. Feeding sorts are not cared i for, and their value is unchanged. Sales are re- j ported at Is Id to Is 3d for feed, and la 5d to Is , 7d for milling. At the auction sale previously referred to a small parcel of very nice milling quality was sold at Is 7d; but it is only fair to 1 state that the purchaser thought he was paying ! seventeen pence, and not one shilling and sevenpence. A few sales of low-class barley have 1 been made at Is 6d to 2s 3d. but we have not heard of any transactions in good grain. Potatoes are in fair demand, and two or three large sales ore reported at 25s at country stations, which may be fairly taken as the current value. Dairy produce is quiet, and there appears less inclination to operate in butter, which is nominally quoted at 9d to lOd. We have heard of a Wellington holder endeavoring to place a parcel on the market, but we fancy he will find it something similar to taking coal to Newcastle. Cheese is very quiet at 4d. Hams and bacon remain as last quoted.
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Bibliographic details
Globe, Volume XXII, Issue 2008, 31 July 1880, Page 3
Word Count
378GRAIN AND PRODUCE. Globe, Volume XXII, Issue 2008, 31 July 1880, Page 3
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