DUNEDIN PRODUCE MARKETS.

North Otago Times, 3 August 1903, Page 1

DUNEDIN PRODUCE MARKETS.

(Daily Times,) The position of the local wliea market may be summed up as fo. lows; Buyers not anxious to - buy and sellers not anxious to sell; con sequeutly the little business passin, consists of the few lines, on whic. [ holders are willing to meet niiliurt ideas, Tho Oaniuru market maintain its firmness, a nd holders still ask 4 to 'ls Id, in trucks, for lines, of prim velvet, A sale of 1000 bugs of vol \et is reported at 3s 11-Jd, ex-stoi'e Timar.u, on account of a soutlieri miller. Iled wheat indilued to b easier, but although a line of rei chaff was sold at 3s 7d, on trucks Wa mate, a few days ago, no, more ii procurable at tho price. Tuscan n cil'criiig at 3s 9d, on trucks, Ashbur ton, and hunters at 3s BAri. : The Hour market is still in an unsettled condition. A colnferenco o: millers was held during the week, jattended by thq general manager am; three of tho directors of the • Flourmillers' Association, together with a munljw' of tho local millers, 'l'lu Conference was of a private nature, but it is understood that opportun ity was, given for all present to express their, views on the situation. It is reported that on his way back to Christchurch the general manager will interview the Timaru millers, and a meeting of directors of the association will he called for an early date to see if some settlement oi the difficulty can be arrived at. It is understood that whatever decision is ionic to, the Dunedin branch of the iVssociation will be kept going. The niliers aro unanimous in desiring, relief from the present cutting of prices, which has reduced business to i changing a pound .without certain jf getting back your full change, riiero is no alteration in the local .irico of (lour, but for shipment £9 10s is being jaccepted by some mil.l;rs.

Stocks of chick wheat have run, Very low, and with little coming forward tho market is firm, at 3s 2d to 3s 3d for good whole'fowl feed. This advance has checked 'the Austral I ,ian business, some of tho Commonwealth millers having begun to tako New Zpaland. medium nallin® wheWA fer. mixiiiig purposes. Tho oat market is lifeless, and quotations are very irregular. If ft truck of B grade comes lo hand and has to be sold to save storage charge itwill probably not realise more than Is ,7d. If, on, the other hand, a, shipper has an order, and wants to buy, he may have to pay Is 7id, or even Is Bd, especially if Jie insists on Canterbury D grade, which is fully worth jd per bushel more than Southland B's, There is a probability of a Dunedin shipper testing tho London, market with a lino of prime Gartons at about Is 9d to Is Old f.0.b., sacks in. A considerable .quantity of milling Sutherlaiyls haw been sold for the North Island at Is 81d. In consequence of orders for Hulled oats.for Australia sales of Danish have been made at Is 6d to Is (i-Jd, ex-store, Dunedin. Good C gradp aro selling at Is (id in small quantities. Offers to Australia, of B gi'ado at Is 9d, f.0.b./ sacks in,, fail to elicit orders, Advice from West Australia state that tho shipment of American oats landed at Fremantlo consists of IQ,000 bags, and whilst the quality is much below that of New, Zealand B's they have gutted tho West Australian market, and will stop tho demand for Now Zealand oats for somo time to come. They are selling at 2s s\fi, duty paid, or equal to about Is i)4d f.0.b.,- Dunedin.; There is little doing locally in barley, A small line of Lakes was sold during tho week at 3s 2d f.0.b., Frank ton— er/ ( ual to 3s 7d ex store, Dunedin, There is no demand for fee;J barley, but sales of northern suitable for pearling fare reported at 2s ICY.I to 35.. Tho supply of potatoes is fully equal to requirements. Prime Oamaru Derwents aro selling ait £4 to £4 ss, and prime Canterbury;'g up to £3 17s Gd per ton ; medium and inferior, £3 5s to £3 10s. Tho demand for seed potatoes has weakened alnd kidneys will n,ot now- realist snore than 10s per ton.