WHEAT PROSPECTS.

Oamaru Mail, Volume IV, Issue 1051, 2 September 1879, Page 2

WHEAT PROSPECTS.

Messrs. Harris Bros, and Co. 'a dated London, July 17. gives tho ing information, which should p r ,... encouraging to the farmers in thin of the Colony, and demonstrate to the desirableness of using every deavor, by careful selection of swil, lt j cultivation, not only to keep up quality of their wheat, but excel, ,i possible, their present production as ti,,. 7 have apparently excelled that of A«l.-1- U .:.', which has been considered to be tin-grain-growing country in the world : Wheat, per 400 lbs, ex ship and ... 48s to 52s ; Australian, 50s to 52s : X t ... Zealand (good to extra). -18s to Oregon, 50s to 52s ; Cnliforninn. -I'.u • 51s ; St. Petersburg (i;ood to choio--u, to 4Ss ; Polish, 41s to 44s ; Anuru" ; ; 39s to 4fis. The weather continues nnsatisfac to the growing crops in the United T\V j| dom and France. Wheat since our has been freely dealt in by both mil] e J and dealers at advanced rates, as sW by our quotations ; the finest New Z t; . land bringing 545, best Australian, aj fine old Red Winter, 495, good No.•; Milwaukie, 455, best Californian, 51s, j; per 496 lbs. ex storo, and other sorts - proportion ; for C. F. &I. cargoes Winter, July B-L, 44s 3d has been p 1:: and July-August iron Californian brought 47s 3d, with every appearance; further activity if tho weather bad, but a decline appears certain w r , dry weather, as crop reports from Ru S5 and the United States continue excell ei: Flour has followed Wheat, and C; millers are decidedly more cheerful they were a month ago. Maize lias i t proved in value, owing to less pressure sell from abroad, besides which the It crop in the United Kingdom and West*; Europo is reported to be getting a deal damaged by the wet weather. H W j. and Oats continue to improve in price a; demand, influenced by botter prices j. Maize. Beans are dearer, owing ; scarcity, and Whito Peas also improve. Wheat.—lncessant bad weather, and wet by day and cold at night, »; no sun to ripen the growing corn, has 1 ast had its natural influence upon ; market, and we have to report a sfo rise in prices since the issue of our'n lcircular. The outlook for farmers V in this country and in France is allege;; gloomy, and we cannot now hope fori; tiling like an average good harvest. 1 advance was all the more rapid becauv 1 found millers ill-provided with am 1 and in order to keep their mills k ' they had no alternative but to pay enhanced rates. New Zealand sorts L been in special request to supply they! 1 of English wheat, which they gra resemble, and large sales have been in at prices showing an advance of aboc; per quarter from the lowest point. Ij . vary very much in quality, but sen parcels of exceptionally fine wheat! 1 come forward. Prices range from 4i 45s for common, 4Gs to 49s for fait, fo 52s for good qualities, and one; J superior lot is said to have fetched " per 49G lbs ex store. Australian on 3 spot is about 4s dearer, say 51s pet ' lbs ex ship and 52s ex store.