GRAIN AND PRODUCE.
The woek just closing has been a somewhat remarkable one in the,grain market. Since the advanced rates obtained at the sale of Messrs Priedknder Bros. 5 stock of wheat at Ashburton .prices, have risen rapidly, and the “ boom,’' as it has bean termed, bids fair to retain its vitality until at least the advent of next harvest. It is reasonable to suppose that the quotations of wheat telegraphed lately from Melbourne and Adelaide are not wholly influenced by the firmer feeling in London, but are in a greater measure determined by the knowledge of the shortage in our supplies and the consequent necessity of drawing from Australian Eourcea. California may to some extent prove , a factor in the calculations, but the difference in freight rates is aljsogethar in favour of the Australian colonies. However, as there is sufficient corn in hand to Sneefc requirements for some time to come, the excited feeling which prevailed In the market for a few days has partially subsided. A point upon which all seem agreed isithat present prices have come to stay, and the chances of a decline are little feared. Both farmers and dealers are firm in their demands, and unless full rates are offered are disinclined to sell. Quotations range from 3s to 3a 3d for mixed parcels, a preference being given to Pearl, Oats continue to be offered but sparingly. Good samples of Duns find ready buyers, and the same applies to Tartars. ’Malting barley shows no appreciable change, but feed quality has hardened and attracted more attention from buyers. Beans and peas call for no special mention. Potatoes are a shade firmer, and 18s to 20s is asked. Parcels of white clover have been taken during the week ec 8d to lOd. A large proportion of the seed, however, needs re-dressing. Eyecorn meets with little attention. The demand for it at nil times is comparatively limited, and supplies this year appear to be above the average in quantity. Oats.-—Prime milting lo 4J-d to Is sd, Duna Is 3d to Is 4Jd, stout feed la 3d to Is 4d, Tartars and black Is 31 cl to Is 4d. Bablet. —Malting 2s 6d to 2a 9(1, second quality 2a 3d to 2s 63, feed la 6d to Is 9d, Cape barley Is 6d to Is 9d. Beaks are difficult to sell* Present values remain at, aay. Is lid to 2a; for some lines 2s 2d is asked, without finding buyers. ~ _ . Peas. —Blue Prussian are worth 2a to 2s 2d (no demand). Partridge 2s to 2a 2d, feed sorts Is lOd to 2a. Rtkcoek-—-Nominally la 6d to 2a. s’loub. —Millers quota roller £B, stone £7 los, sharps £4, bran £2 loa. Oatmeal <2B to .£8 ss. Potatoes. —lB s 20s at country Station a. ■ Clover.— -Extra choice may be quoted at fid, but s;{d more nearly represents current value, whilst inferior grades are worth proportionately less. . , Onions are quoted fctß3g to 955, sacks included. _ .■ f LaibV Produce.— Batter: Factory 8d to 9d, jdairy 6d to 8d; che«ii(k 3jd to 4d. small lemf do 4Jd. Thokbove
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Bibliographic details
Lyttelton Times, Volume XCIII, Issue 10663, 25 May 1895, Page 4
Word Count
515GRAIN AND PRODUCE. Lyttelton Times, Volume XCIII, Issue 10663, 25 May 1895, Page 4
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