GRAIN PRICES.
TO THE EDITOR,
Sib,—Thjsharvestit. near sad.the.price of grain is about &.s lew »s it possibly can be, but usually as scon as new grain begins to Cuiae IE- cSo-iiS. eomss tbs market- price. I should liSs IS eome of the grab* buj era of Canterbury would let the farmers know the reason that prices are so much lower here than in Victoria, where wheat has been fetching about fivepence a bushel more than Christchurch graces. Victorian wheat does not fetch atiy more in. the Homo market Shan Hew Zealand ; in fact, onr long-berried Wfteat ia reported fn the Home papers from two to three shillings a quarter dearer. The freight Ido not think is auite so much from Melbourne !‘s from Lyttelton. Now, does the Melbourne merchant buy at a loss or does tho Canterbury merchant get more than his fair share of profit ? I think it would bo in the interests of the farmers if the Farmers’ Co-operative would charter some ships, and so lot the farmers know if it costa four shillings a sack to send it Home end dispose of it. The cable informs ns that cats are worth from 28a to 29s per quarter. Now, oats should be worth 2s Gd here, and leave a good profit for the shipper; but when the market opens you will Sad the grainbuyera offering under 2a. It was a cry during the election by the Conservatives that the Land tax was going to ruin the farmer, but they did not tell us how many hundred, the middleman had already ruined by his taxes.—! am, &c., ONE INTERESTED.
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Bibliographic details
Lyttelton Times, Volume LXXX, Issue 10220, 14 December 1893, Page 6
Word Count
270GRAIN PRICES. Lyttelton Times, Volume LXXX, Issue 10220, 14 December 1893, Page 6
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