COMMERCIAL & FINANCIAL CHRISTCHURCH GRAIN MARKET. (BY TELEGRAPH-PRESS ASSOCIATION.)

Evening Post, Volume LXXXVII, Issue 71, 25 March 1914, Page 6

COMMERCIAL & FINANCIAL CHRISTCHURCH GRAIN MARKET. (BY TELEGRAPH-PRESS ASSOCIATION.)

CHRISTCHURCH. 24th March. There is no chansre, to note in theUocal grain market. Odd lots of wheat and oats continue to change hands, but there is no great quantity of the former offering, and lc=s of oats. The wheat _ market is, if t anything, slightly weaker in tone, as millers are buying less freely. There has been no rush of grain on the market' this season, and there has been little speculation to stimulate business owing to there not being any likelihood of a surplus of wheat! for export, and the prospect of shipping oats to London depends iargely upon whether cheap freights will be available later in the year. Barley is very dull of sale, and there is a considerable quantity of medium and inferior frain on the market, which is very difcult to dispose of. Australia hsis not required uny Now' Zealand barley for the last two years, a.nd this has curtailed the demand to such an extent that the Dominion crops are more than sufficient for requirement* now. It 's very difficult to get more than 3s at country stations, except for very prime samples, and inferior is being offered as low as 2s and 2s> 6d. There is no change in the potato market. A few rales continue to be made at £2 103 at country stations, but it is not expected that much forward business will be dono till tho digging of tho main crop [1 further advanced, as growers are generally not disposed to sell at present prices.