AUCTION SALE OF GRAIN.

Otago Witness, Issue 1957, 23 May 1889, Page 19

AUCTION SALE OF GRAIN.

Messrs Bbed, mlolban, ahb Co. beld the third of 'he series of grain and produce sales at their Btoresi .Princes street south, on Saturday last, cataloguing 7000 bushels wheat, 2804 bushels oats, and 1200 taiheto grass seed. The attendance, although not particularly numerous, consisted principally of thoß^ urtereited in the grain trade, some few farmers also, ¥ng present as vendors; ' ' , , Asrejmrds wheat, buyera are still induced M hold ofl" in anticipation of lower rates ruling ', still tome of the sales made on.Saturday were pretty well JP to late quotations. In all we managed to quit «45 bushels at prices ranging at 3s lOd to 4s for good "Mmg parcels; inferior, 3s 6d to 3a 8d;1owl feedj w 4d. . ■, > v^ a ** continue to move off freely where owners? 'was of values are not prohibitory; in fact the der jwnd at preaent is practically.unlimited at frora,2» J<lm)2s 7|d per, bushel for, plump feed parcels off ' wuok. £ general feeling, however* prevails that oats Je good property to hola, but in face oftheadvicef torn Australia, exporters do not feel inclined at prer to exceed the quotations given above. Bright Owiling parcels may be quoted up to 2s 8d on truoks, "«d Tartars at 2s lOd to 3a. Our, sales at auction about 1500 bushels, priceß ranging from *M to as 6d per bushel, for any inferior Jots up to « m for plump but disoloured feed lines. j Abstract ofaaleß for the day:— No mark. 39 sacks JJfy inferior oats at 2s sd<ex truck; sheep a Jead. . L4OL 40 J? do do do. afc, 2s 5Jd, ex store ; WO, 12p d^> 'Weed do,afc 2| 7Jd, ej^store ; 00, 70 do do do d^ tt * 6fd, ex ■tor* wbi rtm Z, 50 do red itraw

wheat (inferior) at Sa;6}&, ci v Btor0 ; GO- over T, 9d do Tuscan do at 4«, ex store; PB conjoined, WO do wheat (second quality) at 3s Bd, ex store; PB, 13 do fowl do at 3s 4id, ex atore ; GF, 144 do Tuscan do .at 3s lid, ex store ; QVQV, 47 do wheat at 3s Bd, ex store; red dot, 80 do Tuscan at 4s, ex store; no mark, 20 do fowl wheat at 3« 4d, ex Btore. . * Making further reference to the oat market we have found no difficulty 'in placing off truck pri* vately during the week all that have come to hand for gale, and at prices about: equal to above rates; our clearances amounting to about 3000 sacks.