COMMERCIAL.
The Wnikaio Timts Office, Wednesday. MELBt) UKN R MA KICI'/fS. MKSSKS GOUISDOKOUHH, MORT AND Co., in their iriouthly grain report, dated Melbourne, January 10th, s.iv :—During the past month the harvi.-sting has been cm plciterl ill most of the early wheat-growing districts, but so far very little of the new crop has found its way to market. Generally the quality nf the new season's wheat is very Rood, being hard, well filled, and free from the admixture of other grains. With regard to the probable wheat yield, we regret that it is likely to prove very unsatisfactory, and wo cannot look for an exportable surplus of more than about 50,000 tons. This will be all absorbed in supplying the requirements of the other colonies, thus leaving little or none available for Europo. Our crop of feed grains will in like manner be very short of last season's returns, necessitating the importation from Now Zealand of considerable quantities of oats and barley. The prices of both cereals are higher than they have been for several seasons. Wheat, owing to small supplies < f the new crop coming forward, is in demand up to 4s 9d, but at this tiguro millers are only disposed to buy in limited quantities.
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Waikato Times, Volume XXXII, Issue 2580, 24 January 1889, Page 2
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207COMMERCIAL. Waikato Times, Volume XXXII, Issue 2580, 24 January 1889, Page 2
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