COMMERCIAL.

Manawatu Herald, Volume III, Issue 63, 8 April 1881, Page 2

COMMERCIAL.

The following is the report of the Christchuroh Corn Exchange for the week ending April 1:^ The tenor of the grain market during the past week varies in a alight degree from its predecessors, inasmuch as it has a slightly firmer toue. Tlie want of freight is still keenly felt by intending exporters, and is ve>-y decidedly retarding sales beiiii; effected. Recent English telegrams reporting an upward tendency, coupled wich the good quality of the grain, and the sound condition in which it has been garnered, has had its effect. If the beforementioned waut (viz., tonnage) were supplied, it is probable that the market would assume a yet firmer tone. The lons' continued spell of dry weather, although advantageous to the farmer in many respects, notably raising the value of feeding grains and root crops, enabling threshing operations to be proceeded with, is not an unmixed good. Tu.i country is suffering severely from want of rain, and this may yet assume a serious complexion. Wheat— Large lines of really good Tuscan will command 3s 8d to 3* 9J I p°r bushel;- velvet chaif aud other hard wheats, 3s 7d ; Hunter's white, 3*61 per bushel, f.o.b. ; samples where the quality ia slightly inferior to the foregoing, 21 to 2|l per bushel under these quotations; chick - wheat paries from Is 9 A to 2s 9d per bushel, according to quality. Oats — The enquiry continues active, and holders seem disinclined to part for the money offering. A few transactions have taken place during tha week for good milling at from Is 8d to Is 9d per bushel ; feed samples, Is 6d to Is 7d per bushel, delivered iv Christchurch. Barley — A good many parcels are coming forward, the majority of which are of inferior quality. Brewers and malsters will not look at this class, only the better qualities me ting with any attention. Really good malting to medium samples may be quoted from 2s 6 1 to 3d 61 per bushel; exceptionally good malting in very large lines, 3d to 4d above the highest quotations ; feed barley, la 61 to Id 101 per bushel ; barley of a quality better than feed, but not a malting sample, extremely difficult to place, quotations nominal Grass Seed — The demand for this article of produce has in no way abated. Well cleaned farmers' parcels meet with ready sale at from 3s 61 to 4s per bnshel, indifferently cleaned according to sample. Potatoes are beginning to be inquired for. A few insignificant sales have taken place during the past week at from 33» to 35* per ton at country stations within a radius of seven to eight miles from Constchuroh, sacks extra. Accountafrotn nearly all the potato growers report crops short. Brians and Peaa. —The former are worth 3s per bushel, the latter 3i to 3i 61, according to the sorts. Cheese and Butter.— There is no change to report in the state of the market for this article of produce, 3d to 3id for the form r, W to 7ct for the Utter. Hay, £2 10? per ton.