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CORN EXCHANGE.

The following is the report for the week ending Friday, the 15th inst. : Business for the past week has been unusually dull. The state of the market is precisely what it has been for some time past. A few lines have changed hands at ruling quotations. The prospects of an abundant harvest are still good, the weather np to the present time being all that can be desired. Latest telegrams from home report an advance of 2s per quarter on wheat. This, however, will have no effect on prices here. Becent advices report favorable yields in most of the corn growing countries in Europe, also America. Wheat—First-class milling is worth 4s 6d, f.0.b., in Lyttelton ; ordinary milling quality, 4s to 4s 3d. in Christchurch; second class samples, 3s 3d to 3s 9d; chick wheat, 2s to 3s per bushel. Oats—A few small sales have tiken place during the week, at prices varying between Is 6d to Is 8d for good stout milling samples. A fair demand still exists for this class of oats, not however so goad as formerly. This is accounted for by the difficulty of procuring freight. Fend samples are not in much request, at from Is 3d to Is 4d per bushel; inferior samples of the latter quality are not very saleable, and are offering at from 1b to Is 2d per bushel. Barley—Brewers and maltsters continue to be indifferent buyers. A few parcels of fairly good malting quality are on the market, but do not change hands at the prices asked. Holders, however, are firm. There is little business doing, but quotations are unchanged. Prime malting is held at from 2s 8d to 3s 6d per bushel; fair quality, 2s 3d to 2s 6d; feed samples, Is 6d to Is 9d per bushel. Grass Seed—A better enquiry has been manifested during the week, really good heavy seed being pretty free of sale at from 2s 6d to Zs lOd per bushel. Town-dressed samples of unimpeachable quality, 3s to 3s 3d per bnshel; badly cleaned light samples. Is 9d to 2s 3d per bushel. Potatoes —There is no change to report in the state of the market for the tuber. A small demand still exists, but is of so unimportant a character as to have no beneficial effect on prices; 14s to 15s per ton are the rates at which business has been transacted, sacks extra. Cheese and Butter—The former is in good supply, with a very indifferent demand, at from 4d to 4£d, the latter very plentiful, with a very indifferent demand, at from s£d to 6d.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GLOBE18801015.2.21

Bibliographic details

Globe, Volume XXII, Issue 2073, 15 October 1880, Page 3

Word Count
433

CORN EXCHANGE. Globe, Volume XXII, Issue 2073, 15 October 1880, Page 3

CORN EXCHANGE. Globe, Volume XXII, Issue 2073, 15 October 1880, Page 3

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