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CORN EXCHANGE.

The following is the Corn Exchange report "or the week ending Friday evening, October

Ist, 1880: The fears that were entertained of injury to the crops by the recent spell of dry weather have now been dispelled. The rain, which com menced early in the evening of Wednesday, and continued throughout the night, haß worked incalculable benefit. There is no alteration in values during the week. A few sales are taking place, but on the whole the business done is of a most unimportant character. Had the dry weather, which has been of nearly a month's duration, continued, there is little donbt that prices would have been sensibly affected. Wheat. —There lis still a good local demand for milling qualities. Any parcels of the foregoing description are readily saleable at from 43 to 4s 3d per bushel. Extra prime quality, of certain description, will commands a shade over these figures. Second-class milling samples are tolerably plentiful, and are hardly so saleable. The latter description varies so much that a wide margin must be taken, viz., from 3s 3s to 8s 93. The same remark applies to chick feed samples. Kales have been made at prices between 2s and 3s per bushel. Oats. —The weakened tone of the market which was observable last week has been continued throughout this. Prices, however, are in no way affected. The want of animation is, probably, attributable to the difficulty of procuring freight, which has become so from the advent of the wool season. It is hardly likely, however, that values will recedo, as recent returns from home prove the feasibility of shipments there. Good, stout, short-milling are saleable at from Is 6d to Is 8d per bushel; good foed samples, Is 3d to Is 4d ; indifferent, 1b to Is 2d per bushel. Barley.—A considerable number of inferior malting samples are offering, which are exceedingly unsaleable. Brewers and maltsters' stocks are well supplied. They are, conse quently, indifferent about the before-mentioned, fc'xtra prime malting samples are few and far between, and are saleable, although not at extreme figures. Good malting quality may be quoted at from 2s 3d to 2s 6d per bußhel; extra prime, 2s 8d to 3s 6d per bushel; feed samples, Is 6d to Is 8d per bushel. Grass Seed.—A few sales have taken place during the week. Good, heavy, well-dressed parcels are worth 2s 9d to 3s per bushel; light and badly dressed, la 9d to 2s 6d per bushel. Cocksfoot, 2|d to 3d per lb. Potatoes. —The market hoB in no way improved during the past week._ There are undoubtedly considerable quantities yet on hand, while the demand has not increased. Prices, however, have reached their lowest level, as farmers will not move them unless sufficient is given by the shipper to pay labor, &c. _ At country stations within a radius of seven or eight miles 15s to 20s per ton is asked and given. Sacks extra. Cheese and Butter.—The former is in good eupply at from 4d to 4Jd per lb. The latter is moving at 7Jd to 8d per lb. Old keg butter is unsaleable. Bay, 50s to 55s per ton delivered in town.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GLOBE18801001.2.19

Bibliographic details

Globe, Volume XXII, Issue 2061, 1 October 1880, Page 3

Word Count
528

CORN EXCHANGE. Globe, Volume XXII, Issue 2061, 1 October 1880, Page 3

CORN EXCHANGE. Globe, Volume XXII, Issue 2061, 1 October 1880, Page 3

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