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GRAIN AND PRODUCE.

OATS ARRIVED FROM CHILE. POLLARD FROM AUSTRALIA. There is a firmer tone in ttie market. The quantities now cominr for-ward are smaller, and the accumulated stocks win soon be used up. The market in the South Island has quickly recovered, and higher prices are expected to rule. A small demand Tor seed potatoes is now being- experienced. For early plantingEarly Puritan, Reading- Russet, Robin Adair, and Arran Chief, are the favourite types, and these are likely to be available in ample quantities at reasonable rates. Onions. Onions are not coming forward overfreely, and there is every indication that supplies will be short during the next few months. Moreover, this season's Imports are Keeping badly. A considerable proportion or the first Japanese shipment, due about the end of August, has already been sold. Maize. This market has not altered since last report. Only small quantities are coining from the coast, and the balance of the last South African shipment is being rapidly absorbed. Wheat. The market is firm at late rate*, and there are no indications of any probable alteration or Australian orices. The Kairanga, which arrived recently, brought a cargo or wheat rrom Adelaide, which opened up in first-class condition. Of the Southern market the Otago "Dally Times" says:— . "Some of the farmers who came to Dunedin for Show Week brought samples of wheat which they had taken from recently threshed lines or from stocks they had been holding in their barns. There is not much demand, however, for either milling or rowl wheat. Eocal millers, as stated last week, have reduced their buying limits to 6/8, 6/10, and 7/ per bushel for Tuscan, Hunters, and Velvet respectively. These were the prices decided on at a conference or millers held a few months ago, but m order to obtain supplies some millers paid higher than the values agreed upon. "Growers are not prepared to accept the reduced values, and as a result there is little business passing. As a matter of fact the qua tity of wheat held by growers is not large, and it can have no effect on the future or the market. Millers are holding fair-sized stocks, and with the reduced demand for flour they should have no difficulty in securing all the wheat they require till the new season's crop is available." Oats. A reature of the week's operations has been the arrival of a shipment of oats | rrom Chill, the first to be imported from this source. The consignment included Gartons and Algerians, and these opened up quite satisfactorily. It is reported that on account of a better market ruling in Sydney a considerable portion of the shipment wa3 carried on ror re-sale at that centre It I is not orten that 3elllng rates In Chill will , permit of profitable importation. | The Southern market is decidedly Qrmer, and quotations are from 2d to 3d per bushel higher than was the case a fortnight ago. The Christcburch Press jays:—"Reliable report rrom the South are to the effect \ that grade oats are very scarce, a good ] deal of the crop being discoloured. A gradual tinning has taken place in consequence, and 4/5 r.0.b., s.i.. is quoted ror A's, Jane-September delivery. It is understood that the Auckland importers or ianadlan and Chilian oat 3 have occasion to ponder regretfully over their enterprise. | A3 the oats were lauding at a dearer cost than better southern oats could be secured, i and cut prices had to be adopted to quit." Chair. As was anticipated the action or the i L'nion Shipping Company in raising the rreight on chaff brought from Australia had a firming etfect on the Soumern market. Merchants report that growers are disinclined to accept current rates and higher prices may rule. Bran and Pollard. The Kairanga landed supplies or Dranj and pollard rrom Australia. Pollard has! advanced in price In Australia, but the r.o.b ! ' price ot bran remains unchanged. ■ Wholesale Current Prices. Flour.—ll9 15/ per ton, ie=3 2 J per : cent discount tor 200 ID sacks or both local > and Southern Sharps and Bran.—Local snarps, no 10/ pe. ton; bran, 19 10/ per tor Australian i bran, £10 15/; Australian-pollard, £12 10/----oa pollard, £8 v/ per toa Gritn.—New Zealand oats: Feed. B Gartons, 5/* per bu3hei; Canadian 5/6 \ew Zealand' Algerian seed, 6/9; Austra s lian, 7/3 per busheL Wheat: 8/6 Maae I (best quality). Local (nominal) 7/4 per ! bushel, ci wharr: South *rrtcan (treated) i I 7/9 ex store. Barley: Feed, 6/0 per bushel; Cape, seed, 8/2 per bushel. Maize mea:.- 15/6 Der 1001b Barley meal: ii/ 6 per 100U> i Cnaff.—Blenheim, prune. £{2; r.a.q., £ii : 10/ per ton, ex store; Australian compressed, £10 10/; in bags £10 15/. : Onions.—Local, £16 10/ per ton Potatoes.—Southern, £9 to £9 '10/ es • 3tore. ; Peas.—Blue Prussian, No. 1, jo/g De r _ DU3hel; partridge, No. l, 9/ per bushel- • lower grades, 6d le3s.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19260608.2.12.7

Bibliographic details

Auckland Star, Volume LVII, Issue 134, 8 June 1926, Page 4

Word Count
816

GRAIN AND PRODUCE. Auckland Star, Volume LVII, Issue 134, 8 June 1926, Page 4

GRAIN AND PRODUCE. Auckland Star, Volume LVII, Issue 134, 8 June 1926, Page 4