THE AUSTRALIAN MARKETS.

Otago Witness, Issue 1970, 22 August 1889, Page 18

THE AUSTRALIAN MARKETS.

Stdnet, August 21.— The wheat market is steady, and as there is a good demand stocks are diminishing. Chick feed, 'ds to 3s sd ; New Zealand milling, 3s lOd to 4s 2d ; Californian, 4s 6d to 4s 7d. Flour j New Zealand stone-made, £9 15s to £10 10s ; rollermade, £10 15b to £11 ss. " Oats quiet at 2s 9d to 3sl Maize dull, 3s. Barley : Cape, 2o 8d to 3s (nominal). Bran, 9|d ; pollard, 9d. Potatoes : New Zealand, £6 ; circular heads, £5 ss. Onions, £29. Butter easierbest imported, lid to Is Id; inferior sorts are not saleable. Cheese (market glutted), 4d to 7d. Bacon : Local cured, 6Jd to 7jd ; New Zealand cured, Bd. Melbourne, August 21.— Wheat, 5s 6d. Flour: Stone made, £11 to £11 10s ; roller made, £12. Oats : Stout, 4s Id. Maize, 43 4d. Barley: Cape, 4s. Bran, 1b 4d. Peas firm at 5s Id. Sugar : Whites, £25. Adelaide, August 21. — Wheat very quiet; farmers' lots, 4s 9£d; shipping lots, 4s lid. Oats, 3s 4d ; market quiet. Bran, dull, 9b. Pollard, Is Id to Is 2d. CHRISTCHURCH CORN EXCHANGE. Eeport for week ending Friday, August 16 :— The absence of cable news from both Home and Australia has tended to restrict business, especially in the potato trade, which have receded considerably, and have, in the absence of Sydney news, been purchased as low as 60s for speculative purposes, although at the time of writing a few sales have been effected at our quotations. Latest advices from London confirm the 6d ris9 in the wheat market, but it is hard to say whether further advances will take place in the face of the large surplus in America, besides fair averages throughout Europe. Locally there is a good demand for prime Tuscan. Oats find no favour amontj speculators, the chief inquiry now being for seed purposes. Barley : Shipments are still being made to Melbourne, but the margin to shippers mu6t be very small, as prime is only quoted at 5s 8d in that market. Grass seed has a good spring demand, and stocks will be all but exhausted before the season is over. The following are our week's quotations :— Wheat : Tuscan, 3a 6d to 3s 8d ; pearl, 3s 3d to 3s 4d i Hunters, 3s 3d ; broken, 2s 6d to 2s 9d. Oats • Milling, 23 lOd; short stout feed, 2s 8d to 2s 9d; ordinary, 2s 6d to 2s 7d, Barley: Prime, 3s 9d to 3a lOd ; medium, 3s Id to 3s 5d ; feed, 2s 6d to 2s 9d. Beans, 3s 3d to 3s 4d ; peas (Prussian blues), 3s 9d to 3s lOd; feed, 3b to 3a Id. Grass seed (machine dressed), 4s 4d to 4s 6d ; farmers' lines, 3a 6d to 4s; cocksfoot (prime heavy), 3Jd; medium, 2£d ; inferior, 2id to 2£d. Potatoes, 65s to 67s 6d, at country stations. Dairy produce: The export market is at a standstill, London shippers being only able to, give 7d to Bd, where producers are getting better prices from local dealers. Cheese is quiet at 3^d to 3fd. The above prices are those paid to farmers tor delivery f .o.b. (sacks extra).