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CANTERBURY GRAIN & PRODUCE MARKET.

(From the ' Press.') The following is the Corn Exchange report for the week ending Friday evening, the 4th June, 1880;— Business in the grain trade during the week has been of the most limited description, and indeed is in the most depressed condition. Latest advices from home regarding the wheat market are not more re-assuring than formerly The one and only grain of comfort which exists is that returns for shipments of oats to the United Kingdom are now to hand, which have netted 2s per bushel. The quality, moreover, beis been highly approved of and met with ready sale both for milling and seed purposes. It is to be hoped this will give an impetus to the further exportation of this cereal. ' Wheat—Seed samples are now being inquired for. Small parcels of this class are being sold at from 4s to 4s 6d, according to quality. For fair milling quality, fit for shipment, 3s 6d per bushel f.o.b in Lytteltonis the quotation. Chick wheat is selling in Large supply, and qnot itions remain unaltered at Is 9d to 2s 4d per bushel. Oatß —The recent advices from home have caused more inquiries to be made for parcels of j^ood heavy milling quality fit for shipment. It h reported that Is 6d per bushel f.o.b. has been offered for the foregoing class. Feed qualities do not as yet appear to have benefited, quotations remaining a9 before—ls to Is 4d per bushel. Barley —Tbe market for this c\aai of grain drags along a weary existence, only parcels of nndemable malting quality are meeting with any attention, and for such very low prices are being accepted, viz.. 2s 6d to 3s 41 per bushel. Feed and second-rate barley is next to unsaleable ; prices nominal. Potatoes —A slight improvement has taken place in the market, aud transactions have been more numerous. The principal sales are for forward delivery, or rather for delivery all through the season. Sales for immediate delivery have been iffected at 25s lo 26s per ton at stations within a radius of eight miles from Christchurch. For those who undertake to deliver throughout the season, aud when wanted, 35s to 37s 6d is the price quoted in all cases ; sacks are extra. Gtrbh Seed—The market remains very flat ; no sales are reported during the week. Good, heavy, well-dressed samples, 2s Gd to 2s lOd per bushel; cocksfoot remains inactive at 2id to 2£d per Id. Cheese and Butter—4d to 4^d for the former; B£d to 9d for the latter, with a good demand.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/BH18800608.2.7

Bibliographic details

Bruce Herald, Volume XIII, Issue 1201, 8 June 1880, Page 3

Word Count
427

CANTERBURY GRAIN & PRODUCE MARKET. Bruce Herald, Volume XIII, Issue 1201, 8 June 1880, Page 3

CANTERBURY GRAIN & PRODUCE MARKET. Bruce Herald, Volume XIII, Issue 1201, 8 June 1880, Page 3