THE ENGLISH WHEAT MARKET.

Temuka Leader, Issue 905, 17 January 1882, Page 3

THE ENGLISH WHEAT MARKET.

Messrs Burrows and Perks report on 17th November:, —

Since our report of a fortnight since, the wheat trade has been depressed by.large arrivals from St. P etersburg and the East Indies, but we cannot quote any absolute further decline on colonial serts. Australian wheat is nominally- worth 57s to 58s per 4961b5,. ex store, there being none at all here ; and New Zealand sorts range between 52s and 53s 6d per 4961b5-, for fair ordinory sorts, up to 55s and 57s for the long-be-ried Tuscan varieties. Supervne Australian flour is scarce, and consequently worth from 42s to 42s 6d, and 3/s to 38s for fines, while household are iu slighly better supply at from 34s 365, all per 2801bs. gross ex store. In floating cargoes arrived, the .Abernyte, from New Zealand, has beeo ordered unsold to Calais;., the. Sarah Scott,, from New Zealand, unsold to Hull, having no 'colonial cargoes on sale. Colonial' grain arrivals into London are liberal from New Zealand, but very small from other colonies— by the Oxford, Assel, Opawa, Merope, Clyde, and Remington, from New Zealand ; the Gateside, from Adelaide ; and the Lusitania, s.s., from Melbourne’and Adelaide. Our farmers are not now supplying the inland mai'kets quite so freely, but English wheat is still cheaper tnan any foreign sorts. There are now 270 wheat cargoes, amounting to 2,124,000 quarters, on passage to the United Kingdom, against 305 with 1,688,300 quarters in the corresponding week of 1880, and 291 with 1,893,000 quarters in 1879. But to this must be added last week’s shipments of 117,600 quarters from the American Atlantic ports, and 130,500 quarters from California, not included in the above return. The visible wheat supply in the United States (excluding California and Oregon) is now esiimated a t 21,200,000 bushels, against 19,200,000 bushels at the same time last year, but much of their spring wheat is still unfit for shipment. New Zealand oats and barley are in good request at 26s to 27s 6d per 3441b5. for fair medium sorts, and 31s to 33s 6d per 3841b5. for fine heavy oats, while barley ranges from 36s to 48s per 4481b5. for nood malting qualities.