CORN EXCHANGE.

Globe, Volume XXIII, Issue 2215, 1 April 1881, Page 3

CORN EXCHANGE.

The following ia the report, for the week ending Friday, the Ist of April:— The tenor of the grain market during the past weak varies in a alight degree from ita predecessors, inasmuch aa it has a slightly firmer tone. The want of freight ia still keenly felt by intending exporters, and ia very decidedly retarding sales being effected. Recent English telegrams reporting an upward tendency, coupled with the good quality of the grain, and the sound condition in which it has beon garnered, has hud ita effect. If the before-men-tioned want (viz., tonnage) were supplied, it ia probable that !|ho market would assume a yet firmer tone. The long continued spell of dry weather, although advantageous to the farmer in many respects, notably raising the value of feeding grains and root crops, and enabling threshing operations to bo proceeded with, ia not an nnmixed good. The country is suffering severely from want of rain, and this may yet assume a serious complexion. Wheat—Largo linos of really good tuscan will command 3s 8d to 3s 9Jd per bushel; velvet chaff and other hard wheats, 3s 7d; Hunter’s white, 3s Gd per bushel, f.o.b. ; samples where the quality is slightly inferior to the foregoing, 2d to per bushel under these quotations ; chick wheat varies from la 9d to 2s 9d per bushel, according to quality. Oats—The enquiry continues active, and holders seem disinclined to part for the money offering. A few transactions have taken place during the week for good milling at from la 8d to la 9d par bushel; feed samples, Is 6d to Is 7d per bushel, delivered in Christchurch. Barley—A good many parcels are coming forward, the majority of which are of inferior quality. Browers and maltsters will not look at this class, only the bettor qualities meeting with any attention. Really good malting to medium samples may bo quoted from 2s Gd to 3_s 6d per bushel; exceptionally good malting in very largo lines, 3d to 4d above the highest quotations ; feed barley, Is Gd to Is lOd per bushel; barley of a quality better than feed, but not a malting sample, is extremely difficult to place, quotations nominal. Grass Seed—The demand for this article of produce has in no way abated. Well cleaned farmers’ parcels meet with ready sale at from 3s Gd to 4s per bushel, indifferently cleaned according to sample. Potatoes are beginning to be inquired for. _ A few insignificant sales have taken place during the past week at from 33s to 35s per ton at country stations within a radius of seven to eight miles from Christchurch, sacks extra. Accounts from nearly all the potato growers report crops short. Beans and Peas—The former are worth 3a per bushel, the latter 3s to 3s Gd, according to the sorts. Cheese and Batter—There is no change to report in the state of the market for this article of produce, 3d to 3Jd for the former, G.Vd to 7d for the latter. Hay, .£2 10s per ton.