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COMMERCIAL.

DUNEDIN MARKETS. Messrs Donald Reid and Co. (Ltd.) report : We held our weekly auction sale of graia and produce at our stores on Monday, when we submited a representative catalogue to.a.good attendance of_buyers. Bidding for most of the lots on offer was good, and Ave cleared the bulk of our catalogue at satisfactory prices. Values ruled as - under : Oats.—The demand for shipment continues good, and all lines on offer are readily taken by merchants at prices fully equal to those lately ruling. Gartens have good enquiry, but there are not many offering. The ; demand for Duns and other seed samples '■ continues good, and are worth up to 2s 6d per bushel. We quote: Prime milling to 2s 4d, good to best feed 2s to 2s 3|d, inferior to medium 2s to 2s 2d per bushel (sacks extra). Wheat.—The decline in prices on the Home market has been reflected here, and buyers are holding off. Millers are buying very cautiously, and this at prices showing" a> fall on those ruling during the beginning of last week. Prime samples of "velvet have most attention. Fowl wheat is more plentiful, and prices have eased somewhat. We quote : Prime milling 4s to 4s 7id, medium to good and whole fowl wheat 4s 5d to 4s 6d, medium fowl 4s 3d to 4s 4d, broken and damaged 3s 9d to 4s per bushel (sacks extra). Potatoes.—The market has been more heavily supplied, and prices are difficult to maintain. Several lots on offer are not quite ripe, and these require to be quitted at once. Choice samples freshly dug are in most demand both for shipment and local consumption. These are worth up to £5 10s, while medium samples are rather more difficult to sell at from £6 to £5 Ss, stale and inferior and small £4 to £4 10s per ton (bags included). Chaff.—Heavier consignments have been coming to hand during the week. At our sale this morning prices for anything but the very choicest samples were slightly lower. Inferior and medium quality is in fair supply, and to effect sales' lower prices have to be accepted. We quote: Prime oaten sheaf £4 to £4 2s 6d, medium to good £3 12s 6d to £3 13s 6d, light and inferior £3 to £3 7s'6d per ton (sacks extra). Straw.—We quote : Wheaten 40s to 4*s 6d, oaten 42s 6d to 45s p"cr ton (pressed). Messrs Da.lgety and. o. (Ltd.) report a.i follows:—We held our usual weekly auction sale of grain and produce at our stores on Monday, when we submitted a small representative catalogue to an average attendance of buyers'. Competition wae satisfactory, and" a. clearance resulted at prices: fully on a pan- with hist week's rates. Gats. —With good inquiry for export, this market well maintains its strength. Sales for 'local consumption, however, are slow. Quotations: Prime milling, to 2s 4d; good to best feed, 2s to 2s 3£d; inferior to medium, 2e Id to 2s 2d per bushel (sacks in). Wheat —Latest cable advices to hand show a slight decline in the London market, and as every movement there is quickly reflected here, millers arc inclined to stand off meantime. To-dav's values are as under: Prime" milling, 4s 6d to 4s 7d; medium to good, 4s 5d to 4s 6d : best whole fowl wheat, to 4s 6d per bushel (sacks extra)- , . Potatoes. —There is.good inquiry for shipmerit and local consumption, and values are firm at late; .rates. Quotations : Extra choice, i£s 12s 6d ; best, £5 5s to £5 10s; medium, £5 to £5 4s per ton (bags in). Chaff.—Supplies to hand are moderate, and with good demand for export and local use values are firm at late Tales. Quotations : Prime oaten sheaf, £4 to £4 2s 6d : medium to good £3 10s to £5 17s 6d per ton (baga extra). Straw.—Quotations : Oaten, 42s to 45i>-; wheaten, 40s to 42s 6d per ton (pressed).

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https://paperspast.natlib.govt.nz/newspapers/OAM19080317.2.25

Bibliographic details

Oamaru Mail, Volume XXXV, Issue 9791, 17 March 1908, Page 4

Word Count
650

COMMERCIAL. Oamaru Mail, Volume XXXV, Issue 9791, 17 March 1908, Page 4

COMMERCIAL. Oamaru Mail, Volume XXXV, Issue 9791, 17 March 1908, Page 4