GRAIN AND PRODUCE

Evening Star, Issue 15907, 13 September 1915, Page 7

GRAIN AND PRODUCE

Messrs Donald Reid and Co., Ltd., report :r-We held our weekly -auction Bale of grai.i and produce. at our stores this morning, when values ruled as under:— Oats.—Despite the removal of shipping restrictions there has been no inquiry from exporters, and the market has weakened considerably : Oat 6 are. offering at other ports at such a redaction on late values that it has been impossible to maintain prices here, and -prime milling lines may be quoted to-day at 3s 4d to 3s sd; good to best feed, 3s 2dto 3s 3d ; inferior to' medium, 3s to 3a Id per bushel (sacks extra). Wheat.—The market is in ,a very unsatisfactory state. For some time millers have held large stocks, and declined to increase their holdings oven at prices much below late quotations; while the demand for fowl -wheat was not sufficient to absorb the wheat offering. As wheat cannot at present he exported profitably, a drop in values was unavoidable, and "ail classes of wheat have suffered a decline. Milling wheat is still neglected, while good whole fowl wheat is offering at ss. to 5s 3d per bushel (sacks extra). Potatoes.—The market for these is also easier. Prime freshly-picked lots are in roost demand at about £5 10s to £5 15s; while good sound lots are worth £5 to £5 se; medium, £4 to £4 10s; pig potatoes, £1 16s to £2 per ton (sacks included). • • Chaft'.—Consignments are coming forward freely. On this account, and in sympathy with oats, prices are somewhat lower. Medium quality has little attention, and is difficult to quit. We quote: Prime oaten sheaf. £5 10s to £5 15s; good, £5 to £5 5s : inferior to medium. £4 to £4 15s; straw chaff, £1 15s to £2 15s per ton (bags extra). Messrs Dalgety and Co., Ltd., report as follows: Oats.—Although stocks in store are not excessive, and the embargo having been removed on Olq export to Australia, there is very little demand, and sales can only be effected at a reduction on late rates. Local requhements for feed purposes are restricted to sales of limited quantities, buyers anticipating a further drop in values. We quote: P.rive milling, 3s 4d to os 5d • good to best fred, 3s 2d to 5s 3d; damaged and inferior, from-3s per bushel (sacks extra). Wheat.—As far .as milling wheat is con- ' cerned. there is practically no business passing. Fowl wheat is offering freely, and is only meeting with a. moderate demand at reduced rates. We quote: Best whole fowl wheat, 5s to 5s 3d per bushel (sacks extra). Potatoas.—Since our last report consignments haVe been coming forward freely. Shippers are only operating at a reduction in prices in sympathy with the Australian market. The demand locally, is confined to choice, freshly-picked Jines in sound condition, for which there is a fair demand at"quotations. Wo quote: Good tables, £5 to £5 ss; extra choice lots, to £5 10s per ton (sacks hi). ' Chaff.—Although consignments of late have not been heavy, there is a decided weakening in the market in sympathy with oats, and feeders are in many cases adopting a- hand-to mouth policy. The demand is confined chiefly to bright, heavy oaten sheaf, which is meeting with a moderate demand at quotations. Stra.w thaff : There is -still large quantities available, which is meeting- with a moderate demand. Best oaten sheaf, £5 10s to £5 15s; medium to good, £5 to £5 7s 6d ; damaged and inferior, front £4 10s pe' ! ton (sacks extra).