MARKET REPORTS.

Lyttelton Times, Volume CV, Issue 12540, 29 June 1901, Page 2

MARKET REPORTS.

GRAIN AND PRODUCE. There is virtually nothing doing in the local wheat market. Very little grain is offering, and the low prices ruling in the London market interfere with speculation here, merchants declining to pay the prices asked by holders. * In the absence of business, the quotations given below are purely nominal. A firmer tone prevails in the oat market, and an improved demand can be recorded, any parcels offered being readily taken at quotations, and in some cases at a shade over. Some fairly large 1 lines. have changed hands on' the barik? of Is 6d at country stations for short feed. The steamer Wingfield is now loading at Oamaru and Timaru for South African ports, and the steamer Anglo-Australian, which is at the Bluff, will take a , full cargo for the same ports. Although nothing is absolutely known, the anxiety of some speculators to secure consignments is generally believed to bo due to another large order having been placed for South Africa by the Imperial Government, and it is thought that a good deal more will yet he required for that quarter’. The potato market has seen a further rise, and is in rather an excited condition, although, the inquiry is only for export coastwise, very little being sent to Sydney beyond small lots for seed, as the latest ■quotations there are only £5 per ton, and with the prices ruling here it would not pay to ship. Some fairly large parcels have been taken during the week at £4, while £4 ss, and even more, has been given for small parcels for prompt delivery,' and even at these prices holders remain firm. The price of onions is well maintained, although, as the end of the season is approaching, not much business is being done, and at present /prices they cannot be shipped to Sydney without a loss, as the ruling price there is £9 per ton. A fresh demand for cocksfoot has set in for export, and one firm alone is shipping over 70 tons to Loudon by the steamer Buteshire; but there is no alteration in price. Dairy produce remains in the same position, and butter is fairly plentiful. Oatsheaf chaff has seen fair business at quotations, the late severe weather having "told on the grass and many to use hard feed for horses. The following are quotations:—■ \V float.—Prim© milling nominal, Tuscan 3a 6d to 2s 6d, Pearl 2s 6d, Hunter » 2a 4d to 2s 4id, whole fowl-wheat 2a to 2» Id f.o.b. Oats.— Canadians Is 6d to Is Bd, short feed la s£d to Is. 6id, Duns and Danish Is 6d to Is 7d. • , Barley.—-Prime malting 3a 4d to 3s 6d, medium 2s to 3s 3d delivered. Flour.—Millers quote roller £6 10*,, sharps jBS 16s, bran £8 6s. Oatsheaf Chaff.—37s 6d at country eiaitons. Oatmeal.—£lo. Beans.—2s 6d. Poas.—Blue Prussian Ss to Ss.3d, Partridge 3s lOd to 8s f.o.b. , Onions.—£3 to £8 10s at country stations: Potatoes.— iDerwents 80s to 85s at (stations., Seed.—Ryegrass, farmers' lines, 1» 6d to 2b for extra good, farmers’ seed, machinedressed 2s 6d to 3s 9d. Cocksfoot, farmers’* dressed lines 2id to 2Jd for bright seed. Ocwgrass 6d to 7d. White clover, famera lines 7d to 6d. , . . , Dairy Produce.—Chew*,, dairy 4d to 4Jd, factory 4id to 6d. Butter—Fresh local factory Is, best dairy lOd, salt, in boxes, 8d for prime. Bacon and ham* 5Jd to Bid, factory Jd per lb higher. . . The exports of grain and! produce from Lyttelton for the week, all for New Zealand ports, included the following lines:— ■ Four hundred and eighty-five sacks wheat, 1712 sacks and 10,210 bags, flour,/489 sacks oats, 81 sacks meal, 633 sacks'bran, 51Q sacks sharps, 75 sacks pollard, 800 sacks chaff, 2361 sacks potatoes, 109 gunnies onions, 8 sacks beans and 7 sacks peas. TIMARU. Business is very quiet in wheat, but there is a good 1 demand for oats._ The s.ri ! field, which is now loading at Oamairu, will come on to Timaru to load oats for South African ports. The following are prices current*; —Wiics,t* -Xuscrh milling 2s 6tc{ per bushel, velvet milling Ss sd, red 1 chaff milling 2s 4£d f.o.b. sacks extra. Oats—Danish Is 6d per bushel, duns Is 7d to Is Bd, tartans ,Is 7d, sparrowbills Is 6d, Canadians Is 7d to Is Bd, trucks Timaru sacks extra. Barley—Cape Is 9d, malting 2s to 2s 6d, feed Is 3d to Is 9d f.o.b. sacks extra. Potatoes—Derwents 80s to 85s per ton, f.o.b. sacks in. INVERCARGILL OAT MARKET. [Per Press Association.j INVERCARGILL, June 28. ' There has been considerable excitement I in the cat market this week, and prices j ruling are beyond what can be given for i the present South African orders, /while orders from Australia have dropped to zero. The excitement in the local market is attributed to speculation or to buyers being anxious to secure supplies for orders booked in advance. Prices have j eased again, and now ore Is 4d .to Is 4>}d, sacks sd, on trucks up country. OXFORD. At the Oxford sale on Thursday there was a fair entry of sheep, and a very good attendance. The entry was principally fat lambs, all of which were sold. Competition was fairly keen throughout the sale, and prices showed a distinct rise. Fat wethers brought from 17s to 18s, fat lambs 13s to 15s 3d, stores 11s 6d to 12s 6d), fat ewes 11s, to 15s 6d. Cattle and pigs sold at full market rates.

STUDHOLME STOCK SALE. At Studholtoe stock sale yesterday tiers was a fair yarding and a good sale of sheep, the whole entry changing hands. Pour-tooth store wethers brought 14s 7d, store lambs 9s, full and broken-mouthed half-bred ewes 10s 9d, fat ewes 12s 7d, half-bred fat ewes 11s 6d, cull lambs ss. There was a medium yarding of cattle. Fat cows £6 ss, fat heifers £6, milk cows £4 to £6 12s, springers £4 6s to £5 2s 6d, calves 25s to 345.