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Coru Exchange Report.

The following is the Corn Exchange Report for the week ending Friday, September 12th :— Business remains at a complete standstill,' merchants being afraid to operate whilst so much uncertainty exists as to means of getting produce away. It is difficult to estimate the loss the strike is entailing on the district, but assuredly it could not have come at a worse time. Potatoes are our great article of export at this season, and heavy losses must be sustained by growers, as they are unable to Bell or ship on their own account at the present time. Whkat.—The English market being somewhat weaker has to a certain extent limited the week's transactions, though prices cannot be said to have given way. Oats. —Great difficulty is experienced m making sales, as there is no outside enquiry. The increase m freight has also had a depressing effect on the market. Barley.—Business is very restricted m this cereal. A few small parcels for seed purposes have been placed^ Beans and Peas.—But little doing. Grass Seed. —Ryegrass has been m the hands of distributors for some time, and fanners' parcels have not been available. The tendency to purchase machine-dressed seed is each season becoming more marked. Cocksfoot: The same remarks apply as to Ryegrass. Potatoes. —As anticipated last week values have given way, and farmers are compelled to see their potatoes perishing without being able to get them to a market. There are heavy stocks m tiie country districts, but m the 'absence of freight it seems doubtful if they will be got away, as merchants cannot purchase m the absence of any or but little freight being obtainable. Dairy Produce.—Prices ruling m Sydney preclude any hopes of an outlet there, and prices here are therefore weak. Our quotations for the week are as follows : —Wheat.—Tuscan, 3s 6d; Pearl, 3s 4d; Hunter's, ?s 3d. ' Oats.— Milling, Is 7d; short stout feed. Is 5d to Is 6d ; long and inferior, Is 3d to Is 4d, Barley.—jpriroe malting, 3s 3d ; feed, Is 6d to Is 9d, Beans, 2s 6d. Peas.—^Prussian Blues, hand-threshed (true to namo) 3s to 3s, 3d ; feed sorts, 2s 4d to 2s 6d. Grass Seed. —Ryegrass, machinedressed, 5s to 5s 6d.: Cocksfoot: Bright heavy seed, 4|d to 4£d. Potatoes.—Derwents, 30s to 35s at country stations within a radius of twelve' miles. Dairy Produce.— Butter, 8d; cheese, large size, 8d; Small loaf shape, 4d. The above prices are those paid to farmers for delivery f.o.b. Lyttelton ; sacks extra. (Potatoes excepted.)

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Permanent link to this item

http://paperspast.natlib.govt.nz/newspapers/AG18900913.2.7.2

Bibliographic details

Coru Exchange Report., Ashburton Guardian, Volume VII, Issue 2517, 13 September 1890

Word Count
418

Coru Exchange Report. Ashburton Guardian, Volume VII, Issue 2517, 13 September 1890

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