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Corn Exchange Report.

f The following is tho Corn Exchange Report (per N. P. Meyora, Secretary) for the week ending Friday, May 23rd, 1890 : The firmness in the wheat market btill continues. Any good sized parcels offering are taken readily at quotations, whilst smaller lines do not command so much attention. Tonnage is none too plentiful, and the Harbor Board have again is'sv ed a notice of their stores being full. It is gratifying to hear that efforts have been made by the Traflic Manager to reduce the accumulations of grain at some of the stations by running night trains. Oats— ' Very few transactions have taken place, and from reports from the neighbouring colonies, the outlook is not improving. Farmers with plenty of storage of their own (and no rent to pay) may ultimately benefit by holding, but where storage and interest of money have to be taken into consideration, it is an open question if it will not pay better to accept the low prices now ruling than to incur heavy expenses with the uncertainty as to an improvement in value. Barley—The same dormant state of the market continue. 1;. Beans—ln consequence of tho scarcity of freight, prices have somewhat receded. Peas—Blue Boilers and Whites are thu only sorts commanding any attontion. Potatoes (Derwents) —The exceptionally heavy frosts have made purchasers anxious as to the condition of present deliveries. Farmers cannot be too careful in seeing that the sacks are well covered at digging time ; a little attention in this respect will save a lot of unpleasantness between buyers and sellers. Dairy Produce— Butter, if prime quality, is in somewhat better demand, inferior is still neglected. Cheese—The enquiry is principally for small loaf. The following are our quotations for the week :—

Wheat—Tuscan, 3s Id ; Pearl, 2s lid ; Hunters, 2a 9d ; Chickwhcat, whole, 2s 6d, broken 2s to 2s 2d. Oats—Milling, Is 7d ; short stout feed, Is 60. Barley—Prime malting, 3s : food, Is 9d. Bea>\s 2s otl to 2s 6d ; Peas—Prussian Blues, 2s 9d to 3s; feed sorts, 2s 4d to 2s 6d. Potatoes—Derwents, 35s at country stations.

Dairy Produce—Butter, 6£d to 7d; Cheese, small loaf, 3£d, large sizes 3d. The above prices are those paid to farmers for delivery, f.o.b. Lyttelton, Racks extra otatocs exceptad

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Bibliographic details

Corn Exchange Report., Ashburton Guardian, Volume VII, Issue 2438, 24 May 1890

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Corn Exchange Report. Ashburton Guardian, Volume VII, Issue 2438, 24 May 1890

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