The Market for Wheat.
Thf New Zealand Lofin and Mercantile Agency Company, in their circular for the outgoing San Francisco mail, repurt:— " From a circular published by a firm ot Adelaide millers, we learn that negotiations have boon proceeding for the introduction of Oalilornian i; heaf into that market. Theseareimpoi'l/iint factors in connection with our local marKefs and thf future prices likely to obtain, and should not be lost bight ot by those uho contemplate holding tlieir giaiu for higher rates. The linglish market is more depress' d than ever, and iiom the fact that cargoes are offering in London at current pnaoa tor delivery six months hence, we inter that, brokers do not anticipate any improvement, tor home considerable time. Shipments to London are. therelore, on! of the question in the meantime. The unlavoinable weather which set in lown.nl!, tlio end of last month has continued close up to date, and it is only within the last few days that any progress conl'l be made with leading in or t hreshing ; consequently, instead of an early harvest it is very late, and untoitnnately a large quantity of damaged giaiu must result."
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https://paperspast.natlib.govt.nz/newspapers/OW18860430.2.38.4
Bibliographic details
Otago Witness, Issue 1797, 30 April 1886, Page 15
Word Count
192The Market for Wheat. Otago Witness, Issue 1797, 30 April 1886, Page 15
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