LONDON GRAIN MARKET

Oamaru Mail, Volume IV, Issue 1319, 9 November 1880, Page 2

LONDON GRAIN MARKET

The National Mortgage and Agency Company of New Zealand (Limited) wports, under date London, September 24, 1880 :

Wheat. —The fall in prices reported in our last has been checkedj and we » alo to-day to record a recovery of Is to 2si P®' quarterfrom the lowest point reached. i»' has been brought about partly by s clia".?® to wet weather, which has dono to the erops still outstanding in 11 midland and northern oounties, and par 7 also by a falling-off in American supp' ief * shipments for the fortnight a™ o . 1 ?!) to 728,500 quarters, and their Vl ® l . supply has decreased to 14,200,000 busne Red winter wheat off coast is now wor 42s 6d, while there are no seller 3 o shipment below 41s Gd, American tenl ? New Zealand kinds have been J® o *® 1 . quired for, the damp weather having k®P iiow English out of tlie market in m ß "*

, »nd the recent large arrivals are - sti'.iaily into consumption. Pnces g ° ID ~ rali'cd about 2s per quarter, and we baV f„ J imp. ont of condition, wheats at 4° ~ - fair quality, 41s to 435; good, 3' 3 J .r )l5 ; and finest long berried, 45s to f; 4 ' 4%lbs, ex store. Off coast Mane, tirlnuarters sold at 41s 9d per 480 ib for Antwe r P- Altair 21)48 quarters at 42s Continent. iHts with large arrivals, the premium 1 at first on heavy New Zealand has 5 41 j os t, and they are now relatively <r little dearer than other descriptions. !f* w [,ite oats weighing naturally 46 to fir Dcr bushel are not saleable in quansv at » ucfa over 303 per 368 lb ' ex store "