COMMERCIAL.

Temuka Leader, Issue 2229, 18 July 1891, Page 4

COMMERCIAL.

CHRISTCHURCH CORN EXCHANGE,

:The following is the Corn Exchange report (perN. P. Meyers, Secretary), for the week ending July; 17 :-rEuropean reports on the wheat market; '"■ if to be relied on," should tend, if not to enhance values, to at anyrate. maintaining a firmer tone. The-JLlussian drop is evidently a partial failure, and it is anticipated that country-will have to import considerably for internal consumption. . India also seems likely to feel the pinch of poverty in one of her large provinces, which will doubtless tax to the full the producing power of that section of the grain-growing world, There should therefore be some inducement for farmers to go in for spring: sowing, and there appears some prospect of s iccess in doing so now that welcome rains seem to have set in. In all other cereals there is nothing of note to chronicle. Grass Seeds are now attracting, some attention, and prices should give a fair return to holders. Dairy produce at this time of year is as usual dormant, but should shortly wake up. . Potatoes are not realising the hopes of those who elected to hold for an advance. Quotations as follow :

Wheat Tuscan, 4s 3d ; pearl, 4s 2d; hunters, 4s Id. .' Oats —Prime milling, Is lOd ; short heayy feed, Is 9d; long and inferior, Is Gd to Is 7J?d. Barley—Best malting, 3s; feed, 2s. Beans and Peas—The former 2slod; peaSj prussian blues, 3s; feed, 2s Gd. Grass Seed —Rye, machine, 5s 3d to 5s Gd ; cocksfoot, 4-|d to f>£d.

Potatoes —ls s 20s at country stations.

Dairy Produce—Butter (factory), 10(1 to Is; cheese, to 4|d. The above prices are f.0.b., except potatoes,