CORN EXCHANGE REPORT.

Press, Volume XXXI, Issue 4264, 29 March 1879, Page 4

CORN EXCHANGE REPORT.

The following is thte report of the Corn Exchange for the week ending Friday evening, March 28th, 1870:—

There has been an average amount of business done during the week. Wheat continues to do skipped in large quantities to liondon Tho grain car—ed by the Christ chtu-ch-Danedin and InvercargiU railway for the eight weelra anding theßth March, shows an increase over the quantity carried daring the same period last y ar bj 6170 tons. The total of grain carried tor the eight weeks this year has reiohed-27,168 tons. Although this may appear large and a guage as to the carrying capabilities of our railways, it is insignificant as compared with the Victorian railway facilities, as it is recorded that for the first two weeks in this year 26,-4 tons of grain and flour were carried over the Victorian lines to Melbourne. The result is palpable that in Victoria in two weeks the railways do as much work in the groin lice as is done by the Sew Zealand railways ia eight weeks. This clearly iU—trates the fact that our carrying system by the Hew Zealand railways is defective. Wheat.—First-class milling is worth 3s 4d 'o Ss 6d; inferior to medium, 3s to 3s 2d, with every appearance of prices being maintained. . Oats.—Heavy mining oats are saleable at 3s to Ss Id, the supply of this quality is not large, aad the demand good; feed oats and inferior milling samples are worth 2s 8d to 2alod, with at present the supply rather exceeding the demind. Barley—First-class maltiwr qualities are dacidedly scarce, and good prices are obtained for this qualify; inferior to medium comparatively plentiful, atul the demand is good. Reports arc in existence of large supplies coming- forward from California and Blenheim, but they do not put in an appearance. For the first mentioned 5s 6d to 6a is freely obtained : for the latter 4s 6d to ss, foed parcels 3s to3a6d. , Peas and Beans—No demand at present, and but few offering. Last week's quotations may be rep—ted—viz., 4s 6d to 5s for peas; 4s 3d to 4a 6d for beans. Potatoes —Tho reported light yield of the potato crop is being daily confirmed; in most instances the crops that have been dug will sot average more than 4to 5 tons to the acre. The prevailing opinion is that the general average of the return will barely reach the foregoing figures. Farmers are naturally holding out for high rates. -Sales are reported at £3 to £3 7s 6d per ton, according to quality and condition. Grass Bced—There is absolutely nothing doing. The locg drought haa put a complete stop to sowing, and the probability is that there wiU be very little put in tbe ground till spring. In the face of this it _ difficult to quote prices; many holders however will not pari under 6s, others are willing to sell at ss. Of course these prices are to a great extent regulated by the qualities. Cheese and Butter—The former wTU readily osmmand 6*jd to 6Jd j butter, lOd to lid.