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CORN EXCHANGE REPORT.

The following is the report of the Corn Exchange for the tweek ending Friday evening-, September Sth.lS7S;— ... Ths corn market has shown signs of activity since last week's report. Very little prime wheat is off—my. The inquiries for all kinds of wheat ___ increases—both for local milling purposes and for export. There is a decisedly better tone and a stronger demand. Arrivals from the country sta_oii3 have fallen off considerably, rhe market points to higher rates ruling. The demand for oats is almost entirely ce__ed to the local buyers. There is absolutely no encouragement to operate for the other colonies. The supply of barley is very limited. In this Hoc the demand is brisk both for local and export requirements. In Melbourne a portion oJ trie cargo of malting barley, lately arrived thew from C—iforuia, was sold; 2300 bags of tfaechoico portin cf tha carg* fetched under tits hammer at section 7s3d per bushel,-while other portions oi tho same cargo fetched considerably lass money. Our New Zealand barley comma-ds the top market price in Melbourne. -Recent shipments from here have sold at 7s Sd per bushel. Potatoes are in strong demand all over the Anatralasiaa colonies. As hifrh as £7 per ton has been realised in melbonrne. The prices inWanutmbool by ths latest advices are worth £5 5s to £5 10s per ton to tit farmer, ba-fs paid for, &c. The supply at tkij latter port is about finished. Wheat. — The supply is very short, with an increasing- demand. Transactions are in conse•qaence of a vary limited character. First-class xaffliag wheat is worth 43 6d to 4s per bushel; medium, 4s to 4s 4d per bushel. Chick wheat is in ssronff demaEd at Ss6d to Sa Sd per bashel. Prime seed wheat ij free of Bale at 5s per bushel. Oats.—The demand is purely local at present. __re is no i_&acem«_t to operate for tbe intercoloß_l ports. In Melbourne maize is only worth 33 3d per bush—, with a fair supply. Sew Zealand oats have feseu sold there for less money per bushel. The local _jaatid here is not very strong. The Talnes ia oats have _ot varied durintr the week. First-class teed.'oats are worth from 2s 5d to 2s 7d; aead «—ts would fetch from 2s Sd to 2s lOd per bushel The best milling would realise 2s 6d to 2s Sdper bushel. Barley.—First-class malting barley is wanted. The market is bare. First <fu_lity is worth 6s, rjif«-jfrm 4s 6d to Sa S3 per bushel. Potatoes.—The demand daring the week has increased; the supply has decreased. Holders are *** v *-**f advaaced rates with a decided tone of firmness. Thero are orders sow ia the market un--exee-ted. Sales have been effected since the last week's report at advanced rates. Holders are a-kiag £3 IS* per ton, ia many eases higher rates aretooi *&». X_aeys are wauted at £9 to £10 -recto

Grass Seed.—There is no catuaf-e to report; tho -fet-incss is very limited. tpw» dreased -saleable atss6dto ss 3d, farmers' lots at4s6o tosaperbushel. • _. _. . Cheese and Butter.—Tho former _ worth eatw *%d per lb., the latter SI to 9d per lb.:

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP18790905.2.4.2

Bibliographic details

Press, Volume XXXII, Issue 4399, 5 September 1879, Page 2

Word Count
520

CORN EXCHANGE REPORT. Press, Volume XXXII, Issue 4399, 5 September 1879, Page 2

CORN EXCHANGE REPORT. Press, Volume XXXII, Issue 4399, 5 September 1879, Page 2

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