GRAIN AND WOOL REPORT.

Mataura Ensign, Volume 11, Issue 821, 2 November 1888, Page 4

GRAIN AND WOOL REPORT.

Messrs Samuel Ore and Co,, Stafford j street, Dunedin, report for the week endint? i October 31, as follows :— ■ ' , | Wheat. — But little business has been ! transacted here during the past week, as the millers are still well stocked, and to induce them to operate means accepting less than the yajue of the cereal, Which, on the face ot the jßrjsnees ©f the English market, would not fee geijidueiye to tho interests of the grower, fratesfc advices show that the Home maFket stilj main? j tains an attitude of firmness, along with those < of the Continent and America, while the \ drought in New South Waleß is playing havoc with the grain crops. With such reportß before us it cannot fail to ba scan that our wheat stocks are of capital value. Large shipments are still being made from Northern ports, thus strengthening the hands of the few holders remaining. We qu«ta : Extra prime milling relvet oi- Tuscan, 3a lOd to is ; medium, 3s 4d to 8s 9d ; inferior, and fowls' feed, 28. 6 dto 3s, with »n increasing demand, Oats. — During the week a few trnck loads arrived, which were reaoljjy placed, while inquiries have been made for tapger parcels, but which it is impracticable to get Jw»ld «f, as the stocks /here are bo bare and arrivals no small. One thing is now certain, that the stocks in the conntry are nothing like as heavy m they have been in former years for thif* season of the year, and that these stacks have bC-U considerably over-estimated is now beginning to i* e felt. Our Australian markets since last reporting v* ye advanced 3d to 4d a bushel, and which during tb * m<it moath we pointed Jout would ba the *casa " Q BOO , H as the heavy shipments from heie ceaseu. Their prices yet are not in full sympathy with those ruling here, but will be so soon. We quete prime milling at up to 2s 4d, and at which we sold several parcels during the week (off truck); medium to good stout feed, 2s Id to 2s 3d ; inferior and off-coler sorts Is Bdto2s. Barley.— Sales are now very few, and then only of prime Northern, malsters having put in their supplies some time ago. Feed and milling entirely negleoted. Quotations nominal, say for prime .malting, 3a lOd to 4s : feed, 2s ; milliner, 3b. Chaff, — Arrivals during the week have not been of an extensive nature, and just suf« ficient to keep the market going, and consequently late prices have been maintained during the week. We quote : Tiptop oaten sheaf, if well out and scoured, at L 8 103 j medium, L 2 17s fid to L 3 ss. Potatoes.— The market has been a little easier during the week, so that Northerns are not worth more than L 3 10s, and the Southerns from L.2 10s to L 3. v7?ol»— Already a few odd bales have come forward of the »ew clip, bat it would be premature to give an Opinion of its quality or how prices will go during the ooming season —at least, in the meantime. The buyers are not even on the spot, Australian advices show, however, that the market there has been fully established, and that prices at the last sale were decidedly firmer, to the extent, it may be said, of £d per ifa all round. Latest Home advices say that on September 18 the matket was firm atvabout the closing rates of the June-July series, but before the first week was over an advance took place, quoted at from £d to Id psr lb on good scoured merinos, audaboat £d on good greasiea and more ordinary scoured. After a slight relapse the sales closed firm. The feeling is gaining ground, not only here but elsewhere, toat our local sales, now that they attract large Some and Continental buyers are better than shipping Home, and we balieve that this year some large clips will find their way into the market which have not in previous year 3. We purpose this season auctioneering all wool sent to us. for Rale, and can assure those who favor us with their clips that they shall be given every attention to, while the charges to Ihe1 he grower will be materially reduced, and the usual charge to the purchaser com. ptetely rescinded. We will supply woo!. .ffreks to tbm wJw-eend us their wool at ?g

4d, so that with all these inducements we Bincerely hope to merit the patronage of the principal of the farmers' business in Otago, and have a laree catalogue to offer at end of Norember or beginning of December. Wa are now making advances on clips to come forward, without any commission charge,