THE MARKETS.
Witness Office, Thursday Evening.
In the produce markets the amount of business done during the week has been light. In some respects there«is legs depression observable than during the previous week, but it is difficult to see how any material improvement can be experienced otherwise than in the occurrence of a brisker outside demand, the probability of which iB very doubtful. We note shipments of flour making for Northern ports, and hear of shipments of grain about to be made from the coast, for ports out of this Colony. In the face of present advices from Melbourne, where heavy lots of oats are reported as on the market, it is difficult to see where the profit can be ; however, it is the case that ■ ;ocks are sensibly relieved thereby, and possible to report that few oats are offering, and that a tolerable degree of firmness attends the value. At the mills, extremely 1 ttle has been doing ; the quotations for flour vary from LI 7 10s to LlB. Bran at Is. Wheat nominally at 7s 3d, scarcely any transactions, and very little coming forward. Good samples of barley command 4s 3d to 43 6d. Oats|. we quote at 2s sd. Maize, in parcels, at 4s 3d. Imported potatoes are worth L 6 10s, for lots of any magnitude, Provincial grown realise about 20s per ton more. Farmers are now generally busy, and the trifling quantities of grain coming forward is to be accounted for partly by that circumstance.
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Bibliographic details
Otago Witness, Issue 878, 26 September 1868, Page 12
Word Count
250THE MARKETS. Otago Witness, Issue 878, 26 September 1868, Page 12
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