BY TELEGRAPH.
DUNEDIN OATS. July 25. —Owing to the position holders have lately taken up, buyers, who have had no alternative, have had to comply with sellers' demands, and pay the highest prices in some instances, and for special lines as much as Id and lid over last week's rates. These purchases are on account of millers, who, one and all, are nearly out of stock, and in order to supply orders on hand, are thus obliged to give prices asked; but shippers, who are by far the largest buyers, decline to operate in the meantime at the advanced rate, expecting that speculators, rather than ship on their- own account, will be disposed sooner or later to put their stocks on this market. In the meantime, prices are very firm and rising, but it is somewhat hazardous to predict the future of the market. Prime milling, bright and stout. Is lOd, Is 2d to 2s; short bright feed, Is 9d, Is 2d tolslOd; medium, lsßd, Is 2d to Is 9d ; inferior, Is 6d to Is 8d ; long oats, fit for seed, Is 9d to 2s. Black are in poor demand at Is 9d to Is lOd, retail lots, to 2s (ex store, sacks weighed in).
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Bibliographic details
New Zealand Herald, Volume XXV, Issue 9116, 26 July 1888, Page 4
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205BY TELEGRAPH. New Zealand Herald, Volume XXV, Issue 9116, 26 July 1888, Page 4
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