COMMERCIAL.

Manawatu Times, Volume III, Issue 31, 2 April 1879, Page 2

COMMERCIAL.

Oamabu, March 89^ A considerable quantity of grain is now in town stores, but we have to report no atnounc of yet being done. In fcbe present^uncertain Btate of the marltet, little speculation is indulged in, ajid transactions have been almost entirely • confined t<? fiupply. actual requirements. During the patff dav or two inqjoiry for wbeat has set "in, hut wo fear it is onlj temporary^ ( Oats exhibit a decided downward tendency, while prime samples of malting barley are.in demand, with high prices puKng. Wearesur-. prised our farmers do not go in for a moreextensive cultivation of tbia nerea^ as it has commanded an' excellent price for sometimepast. We admit the crop is more precarious to grow 'than"' either wheat or oats, but; it* enhanced value ought to be a good set off in this respect. A lai«ge portion of oar district is' eminently suitable for its cultiTation. The demand for patatpes is slacker at prethan has been recently ,* but we. anticipate a firmer market in a short time. The followine are current quotations :— -P«im©/ millingwheat, 33. 3d. to 3s, sd. per bushel ; fowl's feed, 2s. 6d. ; do, prime short oats, 2s. 5d. ; d6 do, feed do, 23. Id. ; prime malting barley, OS. to ss. 6d, ; do potatoes, 60s. per ton flour £8 15s. to £9 ss. fco.b. 5 oatmeal, do do ; pollard, d55, dodo j bran, £3 15a, to $4, dodo. .