COMMERCIAL.
Christchurch, March 2. The Grain market is very unsettled. Millers, through competition, have run the price of sound wheat up to 5s ( Jd., consequently they have the market to themselves. Merchants and exporters cannot look at these rates. It is expected that in course of a week or so prices will recede, which they must if exporters Avithdraw from the market till millers are full. Oats are, on the whole, badly discolored, and up to 2s 2d is the fanners selling rate. Barley, 3s to 3s Gd Flour, £lO, in sacks, for old. All grain crops arc now in stock, and threshing is in full swing - , and as deliveries come in increased prices arc expected to settle down to legitimate value.
Worn, and Produce Market, March C. —The Now Zealand Loan Agency .reports : Wool market up to date, (not given) 00,000 bales sold. Superior greasy and combing, washed, firmer ; mediunq and inferior, greasy, easier. The competition, on French account, is moderate, and on Belgian and German account, dull. Seedy and burry avools are neglected. Sales close on March 28th. The tallow market is flat. Sales of Australasian comprised 1800 casks beef, 40s ; mutton, 41s. Wheat market is quiet ; Adelaide is Avorth 4Gs ; New Zealand, 54s per 4901 bs. The leather market easier ; trade demand is quiet. Best sides, Is per lb.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/PATM18770307.2.4
Bibliographic details
Patea Mail, Volume II, Issue 199, 7 March 1877, Page 2
Word Count
222COMMERCIAL. Patea Mail, Volume II, Issue 199, 7 March 1877, Page 2
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.
Log in