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CORN EXCHANGE.

The following is the report for the week ending Friday evening, the 3rd instant: — The grain market for some considerable time past haa been extremely languid. Prices _aro practically unchanged. The rain, which arrived so opportunely, just as the want of_ it was beginning to be felt, has, it may be said, effectually allayed ail fears as to harvest prospects. The ground is now completely covered by the green crop, so that all moisture is now carefully conserved. The prospects of an abundant harvest are now better than ever. Wheat—The tone of the market is quiet, and there is little or nothing doing. A parcel now and again comes forward which is taken up by -the millers. They ate, however, not very large buyers, being at the present moment tolerably well supplied. Qood sound milling is worth 4s 3d to 4s 4d; hard wheat, of undeniable quality, a shade over these quotations ; second--class milling samples range from 2s 9d to 3s 6d per bushel; chick wheat, Is 9d to 2s 9d. Oats—A better feeling seems to pervade the market. The price, however, is in no way affected. The difficulty of obtaining freight, which has for some time past been the obstacle to transactions taking place, still exists. Good stout milling are saleable at from Is 8d to Is 9d, free on board ; good feed samples range from Is 5d to Is 63, in Christchurch; inferior feed, Is 3d to la 4d. Barley—The transactions taking place in this grain are really of such an unimportant character as to render it difficult to give accurate -quotations. Prime malting samples are hardly to be met with, while second rate to inferior are tolerably plentiful and difficult of sale ; for the first named 3a to 3s 3d may be quoted, the second ranges from 2a* 3d to 2s 9d, while feed parcels are from Is fid to Is 9d per bushel. Grass Seed —There is no business doing. Prices nominal. Fotatsea are entirely neglected. Dairy Produce—Cheese, prime, 4d to 4|d ; butter, 5d to fid.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GLOBE18801204.2.20

Bibliographic details

Globe, Volume XXII, Issue 2116, 4 December 1880, Page 3

Word Count
342

CORN EXCHANGE. Globe, Volume XXII, Issue 2116, 4 December 1880, Page 3

CORN EXCHANGE. Globe, Volume XXII, Issue 2116, 4 December 1880, Page 3

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