PRODUCE, &c.

Press, Volume XLVIII, Issue 7871, 23 May 1891, Page 3

PRODUCE, &c.

The following Is the Cobit Excbanob report (per N. P. Meyers, Secretary) for week ending Friday, May 22nd, 1891 :— Since our last report we have to note a better tone in the English and Continental wheat market, and locally our last week's quotations have been fully maintained. Oats remain quiet, with only a local inquiry, and the same remark applies to barley. Beans and peas are steady at our quotations, but grass seeds are .easy, it being out of season. Potatoes have thoroughly collapsed, aud are difficult to place at any figure. Thia Is chiefly on account of the sudden fall in Sydney prices, which have gone down to the unprecedentedly low figure of £2. This, we think, however, will only be momentary, and we hope to be able within the next few weeks to report more favorably with' respect to the "tater." Dairy produce remains firm, with an active inquiry for good makes.

Quotations are as follows :—

Wheat—Tuscan 4s to 4sld, pearl 3s lid to 4s, Hunter's white 3s lOd to 3s lid, second quality milling, 3s 6d, broken 2s 9d to 3s.

Oats—Milling Is 8d to Is 9d, stout feed Is 7d, long inferior Is 4d to Is 6d. Barley—Prime malting 3s, second quality 2s 6d to 2s 9d, feed Is 8d to Is 9d. Peas—Blue 2s lOd to 9s, feed _. 6d to 2s 9d.

Grass Seed — Machine-dressed 5s to 5s 3d, farmers' 3s 6d to 4s, cocksfoot Sd. Potatoes — Nominally 20s at country stations.

Dairy Produce—Butter, factory make, 9d to lOd; farmers', keg, 7d to 8d; cheese, loaf, 4Jd; large, 3_d to 4d. The above prices are those paid to farmers for delivery tab. at Lyttelton, sacks 6s 6d per dozen.

The New Zealand Farmers' COOPERATIVE ASSOCIATION OF CANTERBURY Limited, report as follows for week ending May 23rd :— Wheat—A rather better feeling has been apparent in the market during the week, chiefly due to the limited quantity offering. Prime Tuscan sells at 4s, 4s Id, velvet 4., and Hunter's 3s lid. Oats— I'he firmness referred to in our last continues, although the export inquiry has not responded. The increased consumption in the country induces confidence amongst growers, who are aa a rule standing Off the market. Prime ■**_»» ,g Is 9d, short feed lsßd, Is 9d, duns Is Bd, Danish Is 7d.

Barley—The business passing is nominal, and at late rates.

Peas and Beans are moving off steadily at last quotations. Potatoes—The market shows no improvement, Buyers are not operating pending the disposal of recent shipments to Australia. Quotations are nominally 35s f.0.b., sacks included.

Butter—Prime fresh at lOd, Bait 7d to 9d.

Cheese In over supply, and market dull at 3_dto4d. Oaten sheaf chaff in fair demand at £2 15s per ten delivered in Christchurch, sacks extra.

Tub N__vZ_a____l_>___i.d Mercantile Agency Company, Limitbd, report on the grain and produce markets as follows for week ending 23rd May, 1891:— Wool—The local market keeps very firm, and ready competition is met with for all odd lots submitted at the weekly akin auctions.

Hides—We disposed of at list prices, ljd to 4d, according to weight. Tallow and Fat —Market firm, with prices at recent quotations. Rough fat, best lfd to lfd, inferior Id per lb. Tallow, in small lots, 12s to 16s fid per cwt. Sheepskins—Full catalogues were presented to an average attendance of buyers. Competition was brisk, and all lots were cleared at satisfactory prices. Butchers' best crossbreds made 4s 3d to 5s fid, medium 2s 9d to 3s fid; merinos, 2a 3d to 4s fid; lambskins, 2s to 3s lOd; dry skins up to 6s apiece. Wheat-Offerings daring the week have not been upon a large scale, and as a rule sellers' ideas have been beyond those of buyers. Cables from London report a Blight improvement, but values locally are without alteration. We quote to-day— Tuscan 4s. pearl 3s Ud, Hunter's 3s lOd, to.b., sacks extra. Oats—A firmer tone prevails in this market, and in some instances a slight advance has been obtained for prime samples. We quote—Prime milling Is Bsd to Is 9_d, heavy feed Is 7d to Is Bd, ordinary Is 4d to Is fid per bushel f.0.b., sacks extra. Barley—Market stagnant. Nominal quotations are:—Medium 2s Od to 3s, seconds 2s 3d to 2s fid, and feed Is Od to 2s per bushel ex store, sacks extra. Beans and Peas—Without alteration. Ryegrass—Town machine dressed 5s fid per bushel. Cocksfoot — Best quality machine dressed seed s£d to s&d per lb. Potatoes are in abundant supply at 20s to 22s ©doer ton at country stations. Dairy t roduce—Unaltered. Grain Auction—At our usual fortnightly sale, on 22nd instant, we offered a varied and moderate catalogue to a good attendance of the trade. We notice a fak- enquiry for wheat of all sorts. Oats were rathe'- firmer, though sellers' ideas are still prohibitory, and barley had a* somewhat better demand, Prime wheat sold at 3s lOd to 4s; whole chick wheat, 3s 2d to 3s 7d, no broken offering. Heavy short oats, Is 7_4. feed barley, Is lid; malting do, 2s 9<L Oat sheaf chaff, 57a fid. Ail our quotations are ex store, sacks extra.