CHRISTCHURCH GRAIN AND PRODUCE MARKET. (Christchurch Press.) CURISTCHURCH, August 31,

North Otago Times, Volume XXXVI, Issue 9300, 2 September 1898, Page 1

CHRISTCHURCH GRAIN AND PRODUCE MARKET. (Christchurch Press.) CURISTCHURCH, August 31,

Tho wheat) raatkeb continues to bo very lifeless, aa millers are baying very spar* ingly, and the demand for oxporc north is limited, Following tho plan of last year a loc vl firm has gono to oonaiderablo trouble to ascertain the quantity of whoab i hold in Canterbury, and they Gnd tint tho stocks in July wore a? follows : South Canterbury 132,000 sickc, A^hbortoa County (Rangitata and Ilikah included) Gi-,000 sacks, Addington, Christcharch and Kiccarton 01,500 a icks. Kaiapoi and Ruigion distric s 15,000 sacky, Lyttolton 4800 sacks, and EUosmoro district 15,000 oaoks— total, 292,300 sacks. Tho estimated quantity of wheat- held «L tho satna date lasb yo^r was 459.000 sacks, or 100,700 nicks more than this year. Tho | ho dow of wheat should thuroforo bo in a stronger position ohan tho lust year ; bub i tho fact- th'ib stacks last) year wero more than sufficient for requirements, and fclnb the Australian pricos are now extcomo'y low, aro counterbalancing foatures that? have to bo considered. Tho bales thab have takon place within tho last week aro on a lowor basis than these previously ro« ported, :indmillors appear inclined to give no more than 33 Od to 3s 7<l dolivored. At tho former figure a lino of 000 sacks of Tuscan and Hunter's, chiefly tho latter variety, has boon bought ex store, thero being no storago charges. A small parcel of Tuscan and Pearl has also been placed at 3s 4d at handy railway station. Thero is a fair demand for seed anil food oata. Locally grown are being prettyfreely offorod, and have been sold at 2s 44 to 2a Od ox store, ChrlsJxhurch. Thero is an improved demand for oabshoaf chaff from the North Island, but owing to tho largo quantity on offer, buyers will nob give more than 55* to 003 at country stations. Tho potato maikob has received a serions chock from tho largo quantity bought for forward delivery that have jusb bedi shippod, some 12,000 s^cka having been landed In Sydney dming tho past three or four days. Private advices now give the Sydnoy price as L 7 5s to L 7 10.5, and quotations from hero at L 0 17a OJ, f.0.b., have mebnorosponso. Buyora aro therefore offering only L 5 10a afc country stations. In reference to tho alleged shipment of 2000 tons from Sydnoy to Manila, advices received by 1 tho mail yesterday show that tho report! was exaggerated, as wo Indicited wtj probably tho ca&o. Tho Sydney agent o£ a Christchutch firm wrote, under dato Augush 2ord, as follows : " Tho raarkcb has boon more or less agit itocl owing to a staall demand from Manila, which was foe 400 tonn, bat was magnified into 2000 tons. This order was tilled by me, and tho fltearnoc snila to-day." Wo undorstand that in addition to this 400 tony, 200 tons went by another steamer, nuking 000 tons in all, instead of 2000 as reported. Tho following are current prices paid to farmers, f.0.b., Lyfctelton, for dlrccb shipment from country stations and froo of commission, except where othorwlao specified : Wheat (nominal). — Good to prlmi quality poirl, 4s Id to Jy 2d ; tuseir, 4a Id to >h 2d ; Uuntor's, 4a to 4s Id ; sooond quality whoab about 3d lowor, Chts.— Pciiuo milling, 2s 7d to 23 8d ; good stout food, 2s Oi to 2b 7d ; fair ehorb reed, 2a 5d to 2s Od ; Dorm, 23 Od te 2j Gd j Danioh, 2s Gi to 2s Od,