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OHRISTCHURCH CORN EXCHANGE.

Report (per U. P. Meyer, aeoretary) for week ending Frld>y, April 25 :— There is but little change to report on the markets for the week. Considerable shipments of wheat are going .forward to United Kngdom, and though latest advicei are somewhat conflicting, a slight rise would appear to have taken place in London. Wheat is in slightly better demand, though prices have not advanced appreciably. Long berried is most inquired for. Oats: Farmersdeclinetosellatpresentprices.and speculators cannot see any reason to make better offers in the face of no outside inquiry. Seed Tartars may be noted as an exception to the general dull demand, whilst really Inferior sorts are almost unsaleable. Barley: Maltsters decline So purchase medium quality, and there is consequently considerable

difference of opinion as te the value of most o3 the parcels offering which do not come up to malting standard. Beans: As the only outlet is the> London market buyers base their offers on the present value there, which will not admit of an increase* in quotations. Pens i The usual demand for the Sydney market for Pruasiau blues aontinues. Grass seed : Being ihe off season but little inquiry can b» noted. The high prices ruling for ryegrass seed haa caused supplies to be supplemented from outside: sources. Cocksfoot, if really prime, heavy seed, is saleable at full rates. Potatoes are somewhat easier, the speculative spirit shown in some quarters last week having somewhat abated. Dairy produce': Prices (except for fresh butter) remain unaltered. While factory made commands the top price in our retail shops, it does not appear to stand " keeping," or at any rate the voyage Home, if one may judge by the result of shipments made by a local factory which has lately been made public. The lollowing are our quotations for the week s — Wheat s Tuscan, 2s lid to 3s ; pearl, 2s 9d to 2s lOd; Hooters, 2s 8d to 2s 9d; chick wheat— whole 2s 4d, broken 2s. Oats : Milling, It 7d; short, stout, heavy feed, Is 6d; inferior and long, Is 4d to Is sd. Barley: Prime malting, 3s ; medium, 2s 6d to 2s 9d ; feed, Is 9d. Peas : Prussian blues (true), 3s. Beans, 2s 7d. Grass seed: Ryegrass— Machine dressed, *b 60. ; farmers' clean samples, 3s to 4s, according to quality. Cocksfoot— Bright heavy clean samples, 3£d to 3fd; light And discoloured, 2fd to 3d. Potatoes : Derwents, 40s at country stations. The above quotations are those paid to farmers for delivery f.0.b., Lyttelfcon, sacks extra— potatoes excepted.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/OW18900501.2.46.12

Bibliographic details

Otago Witness, Issue 1891, 1 May 1890, Page 18

Word Count
420

OHRISTCHURCH CORN EXCHANGE. Otago Witness, Issue 1891, 1 May 1890, Page 18

OHRISTCHURCH CORN EXCHANGE. Otago Witness, Issue 1891, 1 May 1890, Page 18