CHRISTCHURCH CORN EXCHANGE.

Temuka Leader, Issue 1931, 17 August 1889, Page 3

CHRISTCHURCH CORN EXCHANGE.

The following is the Com Exchange report for the week ending Friday, August 16th, 1889■ The absence of cable news from both Home and Australia has tendaci to restrict business, especially in the potato trade, prices for which have receded considerably, and which have, in the absence of Sydney nows, been purchased as low as 60s for speculative purposes, although at the time of writing a few sales have been effected at our quotations. Latest advices from London confirm the 6d rise in the wheat market, but it is hard to say whether further advances will take place in the face of the large surplus in America, besides fair averages throughout Europe. Locally there is a good demand for prime tuscan. Oats find no favor among the speculators, the chief enquiry now being for seed purposes. Barley-Shipments are still being made to Melbourne, but the rasrgin to shippers must be very small, as prime is only quoted at 5s 8d in that market, Grass seed has a good spring demand, and stocks will be all but exhausted before the season is over. The following are our week’s quotations Wheat—Tuscan, 3s 6d to 3a 8d ; pearl, 3s 3d to 3a 4d ; hunters, 3s 3d ; broken, 2s 6d to 2a 9d. Oats—Milling, 2s lOd; short stout feed, 2s 8d to 2s 9d ; ordinary, 2s 6d to 2s 7d. Barley—Prime, 3s 9d to 3s lOd; medium, 3s Id to 3a 5d ; feed, 2s 6J to 2s 9d. Beans, 3s 3d to 3s 4d. Peas, prusaian blues, 3s 9d t« 3s lOd ; feed, 3s to 3s Grass Seed—Machine-dressed, 4s 4d to 4s Gd ; farmers’ lines, 3s Od to 4s. Cocks-foot-Prime heavy, 3£d ; medium, 2|d ; inferior, 2|-d to 2|d. Potatoes, 65s to 67s 6d at countrj stations. Dairy Produce—The export market Is at a standstill, London shippers being only able to give 7d to Bd, while producers are getting better prices from local dealers. Cheese ie quiet at to 3fd. The above prices are those paid to farmers , for delivery f.0.b., sacks extra. *