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Corn Exchange Report

The following is the Corn Exchange Report for the week ending Friday, August 22nd:— The uncertainty that prevails as to what extent the strike m Sydney will affect the vessels leaving here is paralysing trade. Orders are being countermanded, and, as at the moment our chief export is such a perishable article as potatoes, the outlook is very serious for those interested m the tuber. Another perishable article, onions, m which considerable speculation, lias taken place, will be a more dangerous property, as even m our cool climate they already show a tendency to sprout. However, we must hope that matters will nob prore so serious as they certainly look. Wheat. — Stocks .have considerably lowered down, and prices remain firm. Oats.—Very few transactions have taken place. There is at the moment no outside enquiry, and only odd parcels find buyers for local consumption. Babley.—Very few samples offering. Prices may be said to be nornuial. I Beans.—Several parcels have changed hands for shipment, but at recent London advices there would not appear to be sufficient margin to induce speculation. Pbas.—A very fair enquiry for all sorts of peas, where clean and fit for seed purposes. Potatoes. — Transactions, hive come under notice at a reduction on last quota-! tions. The market is, ; however, m a most unsettled state, pending the develop-1 men" of the strike question m Australia. Grass Seed.—Ryegpass —A considerable demand is noticeable, but buyers do not like to pay the prices asked, imported seed at the moment being cheaper than our own growth. Cocksfoot—A good sowing enquiry is noticeable, and prices are firm. Colonial Grown Clover has been sold m parcels during the week, though the exceptionally low price"-of-the imported English seed this season has; somewhat effected the value. Next season will probably see a considerable reduction m the imports of both red clover and cowgrass. Our quotations for the $fhek are as follows :—Wheat—Tuscanj 3s Id to 3s 5d ; Pearl, 3s 2d to 3s 3d; HunteVs, 3s 2d ; whole fowl wheat, 2s 7d ; broken, 2s 3d to 2s 6d. Oats-^Milling, Is 7d ; short heavy feed, Is- ,6d to Is 6d ; long and inferior, Is 3d to Is 4d. Barley—Prime malting, 3s 3d; feed, Is 3d to Is 9d. Beans, 2s 6d Peas—Prussian Blues, 3s to 3s 6d ; feed, 2s 4cl to 2s 6d. Ryegrass — Machine dressed, ss. Cocksfoot — Bright heajy seed, 4|d to 4|d ; light and discolored,' 2|d to tyd. Potatoes Derwents, 38s to 40s at country stations. The above prices (potatoes excepted), are those paid to farmers for deliver^, f.0.b., Lyttelton ; sacks extra. >;

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AG18900823.2.8

Bibliographic details

Corn Exchange Report, Ashburton Guardian, Volume VII, Issue 2499, 23 August 1890

Word Count
429

Corn Exchange Report Ashburton Guardian, Volume VII, Issue 2499, 23 August 1890

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