Commercial Intelligence.
Timaru Herald Office, Friday Evening. A good many small transactions in oats bave taken place during the past few days for immediate delivery, bnt buyers aro not laying in stocks. In wheat little, if anything, is doing. Quotations are :— Prime milling wheat, 2s 8d ; medium do, 2s 4d to 2s 6d ; milling oats, Is Gd ; feed do, Is 3d to Is 4d ; malting barley, 3s 6d. Merchants, as a rule, decline to supply quotations. The Canterbury Farmers' Co-operative Association report as follows : — Since their last report, dated 26th inst., no change in the market for cereals is noticeable, with the exception that bright Danish and Tartarian oats are enquired for, for immediate delivery. Very few of these have as yet reached town. Tbey give the following as present values in truck, Timaru : — Prime milling wheat, 2s 6d to 2s 9d, with little enquiry ; milling- oats, Is Gd to Is 7d ; feed oats, Is 4d to Is Gd, CHRISTCHURCH PRODUCE MARKET. Tho following is the Christchuroh Corn Exchange report for the week ended Friday, tho 27th March:— A moderate amount of business has taken place during the week in cereals, and transactions generally have been confined to trade lines for home consumption. Wheat is not at all eagerly sought after for shipment, even at the low prices now ruling. Most lines coming in show more or less the effect of the weather, and militate against active business. Oats continue much in the same state as last week, although first-class lines of bright milling could be easily placed at top rates. Some little stir is now made in barley, and good lines are readily taken up at below quotations, while local buyers, being sanguine of seouring what they require, are not willing to advance on these rates. Grass seeds are still in good request, and prices are well maintained. Cocksfootis, if anything, firmer, and holders are not inclined to part unless at a slight advance on current prices. Dairy produce has been in no way affected since last writing. Quotations for the week are as under, viz : — Wheat— Sound milling, 2s Gd to 2s 9d ; fowl wheat. Is 9d to 2s, f.o.b. Oats — Milling, Is 10d ; bright short feed, Is 9d ; discolored and long feed, la 6d to Is Bd, f.o.b. Barley — Prime malting, 3s Gd to 4s ; fair to medium, 3s to 3s 3d ; feeding, Is 9d to 2s, Christchurch. Grass Seed — Clean farmers' parcels of rye, 2s 6d to 3s ; machine dressed, 3s 9d to 4s ; cocksfoot, bright heavy, 3|d ; discolored, 2d to 2id f.o.b. Dairy Produce — Butter, 6d£ to 7d ; cheese, 4d to 4id per lb. (By Telegbap h.)
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Bibliographic details
Timaru Herald, Volume XLI, Issue 3277, 28 March 1885, Page 2
Word Count
442Commercial Intelligence. Timaru Herald, Volume XLI, Issue 3277, 28 March 1885, Page 2
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