GRAIN AND PRODUCE MARKET.

Press, Volume LIV, Issue 9739, 29 May 1897, Page 6

GRAIN AND PRODUCE MARKET.

(B_ OUR COMM__CIA_ EDITOR.) Thegsgliah wheat market which showed soma improvement last week has since declined, and two falls of sixpence' per quarter have been announced. The quantity of wheat and flour afloat for the United Kingdom and Continent show a consider—do falling off, being only 1,598,000 quarters as against 2,210,000 quarters last week, while the American visible supply has farther fallen, and now stands at 39,967,000 bushels. Mr 6. J. H. Broomfield in the "Corn Trade year Book " points out that " there are yet five months to harvest, during which interval the importing countries will require from 20,000,000 quarters to 22,000,000 quarters of foreign bread stuffi*. The real S'nch in the supply will not be felt until ay and June, when the ante-winter stores of indigenous and imported wheat have been used up; then, if crop statistics are worth anything, there should be witnessed the , keenest competition among buyers for the remnant of -the old crops." A private cable from London also states that emary one is now anxious to buy, but this} is difficult to understand "in vie «* of the advice that the English market is declining. The Victorian wheat market has hardened, and an advance of 2d per bushel is . recorded, tie latest quotation being 6s lid to 6s Id. In Sydney, however, imlling wheat has gone back to 4s 6_d; while in Adelaide it has advanced to Ss 5_ to £s 6— . Locally there has been some inquiry for miUing wheat, bnt so Mies are resorted* as

holderi- are not __xkras to offer, -pjj,, jv 1 edin market is Brm, velvet being quoted *_ 1 4s 2d to 4e 3d, and Tuscan at 4s 2d. ; 1 The upward tendency manifested in th I Melbourne oat market has continued - ! I Algerian have advanced to 2s 6"jd to 2s 9?) I and stout white to 2s 8d to 2s &",. vm' 1 Sydney market has further improved an! i New Zealand prime are now selling at _„ £! g to 2a 7d and medium 2s 4d to 2a 5d., j *L Adelaide Duns have advanced to 3a a , } / Algerian and stout white to 3s 6d to 3s &• I There have been bat few offerings dm j,", the week of locally crown oats, one salon*! Canadians aud Duns being reported at oquil to 2s 3d, f.o.b. The southern market;" firmer in sympathy with the advauce ;.! Australia, a good demand having sprung v for export. In Dunedin prime miiliuir nn *J seed are quoted at 2s 3d to 2s sd, and°ston! feed 2s Id to 2s 3d. About 15,000 aaoksfoi ) oats were sent away from the Bluff ]_.. | week, and the Southland market l.«. 1 hardened, sales having been made on a basjt I of _9 2d co 2s 3d, f.0.b., sacks included, I There has been some activity manifested * roceutly in the market for barley, and it i« < reported that last week about 16 000 bushels changed hands at prices rangi n « from 3s 8d to 4s 4d f.o.b. One line of pri m " i malting, comprising 8000 bushels made the record price of the season being equal to 4* i4d f.o.b. It is said that the quantity now held in second hands is very small. i v tj, e South all descriptions of barley; aud especially prime malting meet with a goo.' enquiry, Dunedin quotations being 3s &' t 0 4s 3d tor prime, and 3s to 3s 6d for good. The following are current prices paid t 0 farmers, f.0.b., Lyttelton, for direct ship, ment from country stations and free of commission, except where ctheruj* specified :— Wheat—Good to prime quality pearl <k to 4s Id, Tuacan 3s lid to 4s, Hunter'_ 3s lid to 4s, second quality wheat about 2d lower. Oats — Prime milling 2s 6d, good stout feed 2s 4d, fair short feed 2s 3d to Jfo 3U Buna 2s 3d, Danish — Id to 2s 2d. * ' Barley-—Prime in—ting 3s 9d to 4s \ { \ medium do 3s 3d to 3s 6d, feed _to J_ 4V Cape 2s sd. Bbass—2s 7d to 2s Gd, Peas—Blue Prussians 3s 10d to 4c, varieties 3s to 3s 3d. Flour (millers' quotations)— Roller fill 10a, stone £10. Sharps—rsss. Bran—7ss. Oatmeal-—£l3. Oatshsaf Chaff—-55s to 60s at country stations. Potatoes—Kidneys and Early Rose 60s, \ Derwents 37s 6dfor May and 40s fat d"u&e f delivery at country stations, Onioxs—£6 at country stations. G-AS3 Skku—Ryegrass, farmers' lots _ 3d to 2s 9d, machiue dressed 3s 6d to 3s 04, and heavy uhotty seed up to 4s; cocksfoot bright 3£d to 3£d j discoloured 2fd to 3d; cowgi-ass fxl to 7d; white clover 6_d to 6_d ; alayke, s£d to 6^d. DAmy Produce—Cheese 3d to 4d,loa{ L to 4Jd ; butter, factory la, do in boxes ' lOd to lid, dairy 9d to lOd, salt in boxes 8d to 9d; bacon 6id, do roll b\d to ?d}. hams 7_d. Tro: Nrw Zeala*:d Farmer**' G*»-or—„. tivk Association of Canterbury, Ltd., quote as follows on May 28th :— Wheat—Prime trilling Pearl .. 4s 2d to 4s 3d f.o.b, „ „ Tuscan .. 4a Id to 4s „ „ _ „ Iluat.er'*.. 4s Id „ Second-i,clean .. .. 3s3d „ Oats—Tartan and _v— .. 2s 3d „ Good stoat feed .. .. 2s 4d to 2s 5d „ Millinj: .. •• '-"61 „ Barley—Prime malting: .. 3«6dto4s „ Medium (dull) - .. 3-jM „ Be<——.. '..■■' —■ _, Hsßd „ Peas—Pnu-aian Blueo «.. .. Istofe— „ Partridfce .. .. 3-Jd „ Ryegrass— Farmer*' lines .. 2s Mto 2» 9(1 „ Oocksfoot—Good bright seed ..3'dto3id „ ' Medium grades .. ..3d „ Ohafl-docd oaWheftt «. „ 60* to 63* M M country atatloni Potatoes—Derwents _. .. 37a 6d to 40* „