HOME WHEAT AND FLOUR MARKET.
Messrs. Miles Brothers and Co. report under date London, March 15th, 1878, as » follows : c rSusines3 in our wheat market during the •■ last fortnight has been very depressed, and news of the pease bavin c been concluded _ between Russia and Turkey, with heavy shipments from Italian ports caused a general fall in price-; indeed, cargoes urriv-d froji California (where the pros|:ec'.s are much higher owing to an abundance of rain) declined as much as "-'s Gd in one week, and • merican red parcels liave r. ccd-d to a similar extent. Ami riean exports have continned very the quantity of wheat I shipped from the Uni'ed Stites from the Ist ' £e»temher to the 9th March having been 5,107.500 quarters, against 1.751.000 quarters in the corresponding period in ISi fi<• Shipmm's recentlv arrived from Adelaide have realised from 50* to G3* per 40filbs, but the drnnnd is now inactive, and forward >hipments would n»t bring ov.r 52s c. f. and i The quantitv of wheat now on passage to the United Kingdom from all sources is estimated at 1,101.02" quarters. Wennn' for parcels here to-day—Australian, oils to Gls ; N.-w Z»:dand, 45-s to 53.s ; and inferior. 36s to 43s per to 42s ; and Xew Zealand do., 30s to 34s per 2Solbs. __
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Bibliographic details
Oamaru Mail, Volume III, Issue 624, 3 May 1878, Page 2
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213HOME WHEAT AND FLOUR MARKET. Oamaru Mail, Volume III, Issue 624, 3 May 1878, Page 2
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