COMMERCIAL.

Marlborough Express, Volume XXXV, Issue 169, 24 July 1901, Page 4

COMMERCIAL.

_. GRAIN AND PRODUCE MARKETS

(Christchurch Press, July 20.)

The reduction in the freights for wheat by direct steamers to 20s per ton for vessels sailing up to the middle of next month, will no doubt cause a little more enquiry, but as holders are firm, and tho London maiket does not warrant increased prices at this end, it is probable that a good deal of the space avai able will bo taken up with wheat on consignment. There is very little offering, but outside of millers" requirements there has been no demand, no enquiry having been received from London for some weeks past.

The reduction in the freight for oats by direct steamer to London to 25s per ton. is not likely to have any appreciable effect on the local market, seeing that Africa affords the best outlet. Thero has been no business passing to speak of during the week. The potato market remains about the same, £4 10s being the best offer at country stations. A large amount of space was applied for by the Monowai for Sydney, and her shipment this week was expected to be a heavy one.

The following are current prices, paid to farmers, f.0.b., Lyttelto'n, and free of commission, except where otherwise specified: — Wheat—Hunter's, pearl and velvet 2s 4 d to 2s sd, and Tuscan 2s 5d to 2s 6d, f.o.b. Oats—Canadian Is 9d to Is 9Jd, short feed Is 8d to Is B|d, Duns and Danish Is 7d to Is Bd, f.o.b. Barley—Malting 2s 3d to 2s 6tl, secondary Is 8d to Is lOd at country stations. Beans—2s 5d to 2s 6<l, f.o.b. p eas —Blue Prussians 3s 3d to 3s Gd, and Partridge 2s lOd to 3s, f.o.b. Flour (millers' quo'ations)—Roller £6 15s, f.o.b. Sharps—£4, f o.l>. Bran—£3 10s, f.o.b. Oatmeal—£lo, f.o.b. Potatoes—Derwents, £410s at handy country stations. Oatshcaf Chaff—36s to 37s Gd at near country stations. Hay—£2 5s to £2 10s, delivered; primest baled, £4, f.o.b. Dairy Produce — Cheese, factory, 41 d to sd; dairy» 4d to sd; butter, factory, local, Is Id, dairy lid, salt (in boxes) 9d to lOd; bacon, hams Gd to 6|d; factory bacon and haras -£d higher, f.o.b.