Markets.
.Little'is doing at" present in grain, the prices that have hitherto heen offered not affording an inducement to farmers to bring wheat or oats into the market. Some sales have been effected at 4s. Barley at ss. 6d. There seems reason to believe, however, that the demand for wheat will prove greater than has been anticipated, and that prices will improve in proportion. The market for timber remains steady, though cargoes from various ports have been somewhat in competition with one another. The rapid increase of buildings in the country creates a demand for good qualities of boards and scantling, which suffices to keep prices up to a paying rate -even after the heavy deductions which must be made by an .importer to this market. We have Tiefore.quoted sales of timber from Ilobart Town; Mr. Alport sola on account of Messrs. Miles' Kington and Co., during last week, the cargo of the Spray from Auckland ; a good specification -of kauri boards ana scantling fetched 28s and •295. Mr. Alport sola also, at Christchurch Quay on ,TWs«li»y hi*t *> flic same firm, a small bat choice loi.<ff v , vM -..,., Trttaraboards and scantling the canr oor the Ivnerald from Wellington, and the.picxluce, we believe; of Manawata. This lot :excited competition and fetched 28s. ;
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Lyttelton Times, Volume IX, Issue 563, 27 March 1858, Page 4
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211Markets. Lyttelton Times, Volume IX, Issue 563, 27 March 1858, Page 4
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