GRAIN AND SEED REPORT.

Otago Witness, Issue 2006, 4 August 1892, Page 22

GRAIN AND SEED REPORT.

Messrs William E. Reynolds and Co. Stafford street, report for the week ending August 3 as follows : —

The weather during the past week has been decidedly better than we have been favoured with for some time, and we hope it may continue.

Wheat.— We cannot report anything freah with regard to the market for this cereal. There is practically no demand outside that of our local millers, and consequently, with so much in all the stores, if they do not buy at what they consider a cheap price they will not buy at all. Holders, on the other hand, do not seem disposed to give way altogether, otherwise prices would, we think, be likely to recede still further. Wo repeat quotations:— Prime velvet and Tuscan, 3s bd to 3s 8d; medium qualities, 3s 2d to 3s 4d • ordinary ,2s Od to 3s Id ; fowl feed, 2s to 2s od— sacks in, less 21 pur ceut. discount for cash. Oats.— lhe market remains in much the same position as when labt reporting, and the demands keep fairly good. For export, prices wanted by holders are a little high to admit of business aud it is necessary to accept a little less than our quotation prices now and again to clear lines off truck at. railway station. Stocks in the stores are certainly notjarge, neither are millers', and we confidently look for a better demand as the season advances. We quote : Prime milling, Is lOd to Is 10Jd ; bright heavy feed, Is 9d to Is Md ; ordinary, Is7jd to Is BJd ; inferior, Is s}d to is 7d Barley.— We hear of no business doing in this, ™ meantime brewers hold fairly large stocks. Chaff —lhe demand still keeps good, for really prime at up to 555, but the market is rather over supplied with ordinary and inferior, and same is not easily sold. Potatoes.— We think the less we say regarding these the better, for the highest price now obtainable is 30s.

Grass Seed.— Ryegras3 keeps moving off in fairly large parcels at quotations, at the same time the demand is hardly what we expected it would be, but no doubt this is caused by recent heavy rains, and as the spring advances and the ground dries we look for a large demand setting in. We quote : Very best old pasture up to 4s .id ; good machine dressed, 3s 6d to 3s 9d • ordinary, 3s to 3s 4d. Cocksfoot is meeting with very good inquiry, and prices have, if anything hardened. We quote : Prime and well dressed up to 41d ; ordinary, from 2?d to 3*d per lb. We have just landed our second shipment of clovers ex Doric, and shall be glad to forward samples and quotations on application.