LONDON GRAIN MARKET.

North Otago Times, Volume XXXVII, Issue 8171, 1 May 1895, Page 1

LONDON GRAIN MARKET.

Tlio Now Zealand Loan and Mercantile Agency Company roportß under date March 22nd :

CORN MARKET A change to more seasonable weather has enabled farmers to procoed with field operations, (ho condition of the soil being now particularly favorable to tho planting of birloy. Tho wheat crop hrro does not appoar to have suffered any niato ial injury from tho prolonged frost, but in somo parts of the Continent it is sal ed that tho young pants havo been prejudicially attectoi. The quantity of English wheat marketed has recently shown a considerable falling off, and fur really good samples advanced prices havo been paid, thouuh tliH is not reflected in tho Impel ial average returns, which for the pist four woeks are given at 19s lOd, l'Js 10d, 19s 9J, and Ida 9d per quarter respectively. A dull tone h>is characterised tho spot market for foreign wheat, business continuing to bo of a hand-to mouth description. Values on the whole, howover, havo been without material change, save as regards Australian, which in tho face <>f augmented supplies has receded about Is nor 49Glbs. Tho market is prac ically bare of Now Zealand. Tho ci.f. nvukot has on tho wholo been rather steadior. Rnports of serious damage to tho French crop, together with a largo decrease in tho visible supply eaily in the month, brought about nn advance of 6d per cwb, and though as the result of worker advices from America, tho improvement was subsequently in part lost, increased operations on tho part of tho Continental section, and tho publication by tho Washington Bureau of moro favorble statistics regarding tho 6tocks in farmers' hands, again imparted a firmor tono to tho markot. Particulars of aales of Australian aro givon in our customary tablo subjoined. For parcels to Lmdon, valuos havo ranged from 22s 6d for new crop to 24s .'3d for old crop per 480 lbs. Thero is a quiet feeling at tho close, both Il<>mo and Continental buyers showing but little disposition to oporato. OUs. — Tho demand has boon slow, sales havinor been chiefly of a retail character at from 22s to 23s por Impel ial quarter for fair avarago quality. Barloy.— Unchanged. Beans,— Thero is a rather better demand, und prices havo somewhat lnrdened. Poas, — Thero is littlo chango to report. Arrivals from Australia, however, havo been somewhat hoavy, and when iheso aro available, values may bo expocted to givo way. Flciur has mot an improved enquiry, and valuos mark an advance of from (>d to Is on thi' month. Cocksfoot. — Tho markot has boon quiet, but with moro soasonablo weather, buyers may now shortly bo oxpocted to fill i heir requirements for spring sowing purposps. Stocks aro small and prices aro nominally unchanged. Wo quoto present prices, ex granary, as follow, viz. :

l'er 49Glbs. S. (1. 8. (1. /Mistralian Wheat ... 2,~> 6 „ 20 0 New Zealand Wheat — - Long-berried fine .« 21 G„ 25 6 „ „ inferior ... 23 6,, — Hliort-berried fine ... 24 0 „ 21 G „ „ inferior ,M, M 22 6,, — per 2801bs (gross) Australian Flour— Patent _ 20 0., — .Superfine 17 0 „ IS 0 Household 15 0 „ 17 0 per 4481 bs. New Zealand Barley — No. 1 norn, 37 0 „ — per qr. imperial. New Zealand Oats — Heavy 22 0 „ 24 0 Oidiuary .... ,« „, 1G 0 „ 20 0 PertfJOlbs. Inferior ..,, 14 G „ 15 6 per 5041b5. New Zealand BeansNo 1 32 0 „ 33 0 New Zealand PeasAverage 28 0 „ 30 0 Wrinkle 34 0 „ 50 0 Australian Peas 23 G „ 24 0 per 1121b? nett. N.Z. CocksfootFine norn 70 0 „ 72 0 Medium norn 61 0 „ 08 0 Inferior norn, „, „, 52 0,, 54 0 Per 480lbs. N.Z. Mai/,o norn £0 G „ 21 0