GRAIN AND PRODUCE MARKETS.

Press, Volume LXI, Issue 12014, 15 October 1904, Page 9

GRAIN AND PRODUCE MARKETS.

(BT OUK COIUIEHCIAI. EDITOR.) Friday Evening. Since the opening of the present eeason, at the beginning of December, the export. , } of Australian wheat and flour to destinations beyond the Commonwealth, says the "Australasian," have reached tho total of about 30,935,686 bushels, of wheat and 873,872 sacks of flour. Reducing the flour to tho equivalent in wheat, tho totals are together equal to'about 35,130,271 builiols of wheat. Tho value of the exporte may bo estimated approximately at £5,554,000. Tho following is an approximate statement of tho exports of Australian wheat and flour to destinations beyond Australia since the beginning of December: — Total Equivalent Wheat. Flour. In When*. From— Buifliels. Sacks. Bushels. Victoria .. 15.731,251 .167,743 17.4P6.441 S. Australia .. 6.579,315 381.555 7,813,179 N. iS. Wales .. 8,531,488 239,fr>4 9,G81,G53 Queensland .. 93,976 1,945 103.312 W. Australia .. 0,C56 — 0,656 Total .. 30,933,083 873,872 35,130.271 The total of 35,130,271 bushels is equivalent to 940,989 tons of wheat; 28,334,979 bushels being for Europe* 5,125,183 bushels for South Africa, 437,500 bushela for South America, and the balance, 1,232,609 bushels, for various other destinations. The shipments compa.ro with the estimated exportable surpluses for tho season as follows: — Estimated Still to be Exportable Already AccountSurplus. Shipped, edfor. .. Bushels. Buahe'e. Bush«!s. Victoria .. 39,506.000 37.486,500 2,019.500 S. Australia 9,800,000 7313,200. 1.950.800 I*'. S. Wales 16,500,000 9,681,700 6,818,300 The balances are subject to reduction on account of quality, inter-State shipments, movement* between Rivcrina and Victoria, etc. A reduction may possibly liavo to bo made in the New South Wales exportable fiurplus. The l*>ndon wheat market ie somewhat easier. An 'October-November shipment having been sold at 34s 7£d, as against 35s 6d previously quoted. Wheat is also lower in Now South Wales, on Account vi the good general rains that have fallen in that ertatb. Tho local market is hardly *o (firm in consequence of the weaker tone ?n London. There hue, however, been but little wheat offering during the week, owing to the holiday on Wednesday, and wet weather interfering with business. Several transactions have taken place between merchants and millers, but the only line reported to have been .purchased, from the grower was 1000 bushels each of Pearl and Tuscan, and 500 bushels of {Hunter's nit 3s 7Ad f.o.b. Tho export demand for oats has ceased for the time being, as shippers have now all they require for (shipment by tho Banffshire. In other branches of business there is a quiet tone, and no changes to report. The following are the current priceepaid to farmers, free of commission, except where otherwise specified: — Wheat—Pearl and Tuscan 3s 5d to 3s 6d, Hunter's 3s 4d, at country stations. Oats—Heavy Canadians Is 8d to Is 9d, milling Garton's Is 7d to Is Bd, feed Gorton's Is 6d to Is 7d, short feed Is 6d to In 7d, Duns Is 6d to la Danish Is 5d to Li 6d, at country stations. Barley (nominal) —Medium 2s 3d to 2s 9d, at country stations. -Beans—-2s 8d to 2s 9d, at country stations. Peas—Partridge 3e 6d to 4i>, Blue Prussians 3e to 3s 2d, Blue- Imperials 3s 3d to 3s 6d, at country stations. Flour (millers' quotations)— Roller, £9 10a per ton. Pollard—£4. Bran—£3 ss. Oatmeal—£lo. Oatsheaf Chaff—£2 10s, at country stations. Potatoes—Derwente 17s, at country stations. Dairy Produce—Cheese, factory, 4Jd, dairy, 4Jd to 4|d; loaf cheese, sd; butter, factory, local, lOAd; farmers' separator, 9d to IOd; dairy, 8d to 9d for prime; salt (in be yes), 7d to 8d; bacon, 7d; hams, Bd, f.o.b. ; eggs, Bid per dozen.