COMMERCIAL.
THE TIMARU GRAIN MARKET.
Wheat—Prime milling, 2s 8d to 2s lOd; inferior, 2s 3d to 2s Od ; foods’ feed, Is Od.
Oats—Long, Is 5d to Is 6d ; short, la 7d to Is Bd,
Barley—Malting, 2s 6d to 3s ; feed, Is 6d to 2s.
CHRISTCHURCH CORN EXCHANGE.
The Corn Exchange reports for the week ending Friday evening, the 28th inst, :
Favorable weather during the past few weeks has given confidence to farmers to continue sowing, and from reports from the country districts we are inclined to believe that a greater area of land will be under cultivation than was originally intended, and should the harvest of 1885-6 be as propitious as the sowing season has been we may confidently look forward to an abundant yield. The principal events of the grain and produce market during the week has been the full confirmation of the rise in potatoes as quoted by us in last week’s report, and the better enquiry for shipping lines of bright oats. Wheat- The market for prime milling hard sorts is firm at 2s lid to 3s, " hile Tuscan, sound and dry, reaches 2s lOd to 2s lid; chick wheat, whole, is getting scarce, and last quoted prices of 2s Id to 2s 2d have been fully maintained, and for an extra good line one penny more can be obtained ; second quality, grading bet ween milling and chick wheat, is plentiful at from 2s 4d to 2s 6d.
Oats—There is . a disposition to do business in bright short feed at Is lOd to la lid, while short feed slightly discolored are firm at Is 9d ; Discolored and inferior are being locally taken up at Is 6d to Is 7d.
Barley—'This cereal is very inanimate, The business doing is principally confined to seed orders witli an occasional enquiry for a feed pmcel for slilpmen'. JT oes remain at 3s 3d for fair malting, and Is 9d to 2s for feed, p eas _Tltere is a good demand for seed parcels true to name at from 3s 6d to 4s. B°ans- Can be p'aced at 2s 6d but lisle business is doing. Class Seed—Rye, machine-dressed, is principally in the hands of merchants, and 4s 6d to 4s 9d is required ; no farmers’ parcels are offering. Cocksfoot is moving into consumption at for bright heavy seed 3|-d to 3#l ; dark 2£i to 2j.1. Potatoes —Prom Sydney advices to hand yesterday we note that Derwents are at last quotations in that maiket, but owing to large expected arrivals a decline was looked fur, but should such take place wo do not think it will be permanent. Piices range from 62s to 675, sacks in. Dairy produce remains at last quotations. Tho above quotations are f.o.b. at Lyttelton, and prices paid to farmers.
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Temuka Leader, Issue 1385, 29 August 1885, Page 3
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461COMMERCIAL. Temuka Leader, Issue 1385, 29 August 1885, Page 3
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