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GRAIN AND PRODUCE MARKETS.

(BY OCB tDITOB.) Tuesday Evening. The local wheat market is reported to be a little firmer, but &s there is |M*actically no business doing, it te difficult to yjuuge its real tone. Millers are not u,t ail vaoious to purchase, and there w little enquiry from the North.

The "OUigo Daily Time*" states that "the Dunodm wlieat mnrkot shows a tendency to firmns;s*f, but this is due more> to artificial than to naturul causes. The bulk of the prime inilling wheat is he'd by sptculators in the North, fconie of whom pt..:c} elwfo up in 4s p.-r buihvl for 'heir holdings. A!mo?:t a'i the Ougo niillt-ra ar<- iv the TiKixket. at the time; and the northern holders, taking advaxitage of that f«ct> ai>* t-:idearoufi.ng to force up the price. A number-of lines have chatiged hundt during th-a w<vk on th** basin of 3s oji truck. , ?, and a* much us 3s Id has Wtn paid for a very prime sample of poarl. svak*s of Turcaii are repoited at 3s ljd and of velvtt at 3m 2d, both f.o.b. Timani.

llk-xy l ix still some enquiry for ottts suitcble for shipment, but owing to the low prioss offered i: is difficult to obtain suppiie-s. As tin.- new crop is much smaller than that of- Jaftt ytar, uiml tho yield on a coiwidorabk* portion of the plains is likt-ly to be ligiit, hoidors of old &tocka prefer to await' the> futun* of th* murkrt rat Lit than accept the pivsi'iit low rates." Our Southland •convHjKiiuk-nt writes: — "The export trade has not been large during t!i«j iiwt wec'.k *ir two, and in this wtt-k's exports the iuUreolonial trade is responsible for only 2000 wicks of cuits, 150 bcJis flax, and 800 bws condeiwd milk. Tiie PifesJiiro took on board at the Bluff for Suuth Africa 6583 iiocks of oats, and for London 5486 sacks. Aα regards th« oats morkot, under the present condition of things it atem» absurd to allude to jt. Occasionally there is art enquiry for oats, but the oats that people want are not here, and if tlify were here a decent prico could not be got for them, as the lateshipments to London and South Africa had been secured, and were in. waiting for some time. Ib would, under pre>*nt conditions, lx> a risky business to undertake to supply for sMpment any considerable quantity of marketable oats, and for thow that may come forward Is per bushel, sacks extra, at wayside stations, 19 the present quotation." A trample of now barley has been offered, the grain being nice and bright, but us is usual with the early ripened crop it is rather light. The following are current pricae paid to farmers, free of commission, except where otherwise specified: — Wheat- (nominal). Oats (nominul)— Heavy Canadians Iβ 4d to Iβ sd, short feed Is 3d to Is Ad, Dune and Danish la to Is 2d, at country station*. Barley (nominal). Flour (millers' quotations)— Roller, £9 per ton; f.0.b., £9 5s per ton. Pollard—£3 10a. Bran—£3. Oatmeal—£B 10s. Cockefoot~lolb seed, 3d; lllb. 3d to 3Jd; 121b to 131b, 3|d to 4d; 141b, 4d. White Clover—Superior 9d to 10d, good oa to 9d, inferior 6d to 8d per lb Cowgnwe—jvsLtia good 7id to Bd, lower quality 6d to 7d per lb. Oatsheaf Chaff-£2, at CoU ntry stations. Bauyr Produce—Ch«*«, factory, 5Ad to 51d; dairy, Sd to 6id; loaf cheese, s|d to 6d; butter, factory, local, 10id; farmere , separator, Bdi <to 3d; dairy, 7d to 8d for pnme; ealfc (in boxes), 8« to 9d; bacon 74d to Bid; home, Bid to 9Ad, f.0.b.----eggs, 9d per dozen.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19040113.2.61.1

Bibliographic details

Press, Volume LXI, Issue 11790, 13 January 1904, Page 9

Word Count
605

GRAIN AND PRODUCE MARKETS. Press, Volume LXI, Issue 11790, 13 January 1904, Page 9

GRAIN AND PRODUCE MARKETS. Press, Volume LXI, Issue 11790, 13 January 1904, Page 9