THE BREADSTUFFS AND PRODUCE MARK ETS.
Fviday. The local wheat market shows no change. Millers are buying sparingly of old wheat at late rates — viz., 3s to 3s Id, f.o b., Lyttelton, for mixed lines, and 2s 10id for red chaff, and 3s for Tuscan and pearl, on trucks, Acihburton.
No sales of new wheat are yet reported, £>nd although a few rubbed-out samples are to hand it is not expected that any new ssiieat will be ready for delivery untii fcQ-
wards the end of next week. It if) thought that there will be a few buyers for some of tho early lots at about 3s, on trucks, after which the market will probably settle down at about 2s 9d. or even l& c e.
The Oliristchurch Press reports: — "A few lots of both old and new wheat have been offered, but buyers are not operating at present. For new wheat 2s 9d, at country stations, is gene-rally asked, but no business has yet resulted. — The Canterbury Farmers' Co-operative Association has chartered the barque Doris to load a cargo of milling wheat at Timaru for orde-rs. Shippers are to share pro rata to the quantity shipped, m the price- realised. The Doris has the option of going to any port in ti.e United Kingdom or the Continent, and it is L.ot at prccent intended to sell the cargo until the vessel is on voyage, 'as it is thought that the possibilities of war in the .Last might favourably affect the market."
There is no change in flcur. The New Zealrnd Flonrmiilers' Assoeiation'o tariff stands as under :— Sacks, £9; 100's. £9 10s; 50's, £9 15s; 25'e, £10. The shipping price is unaltered at £3 15s. f.o.b. The Canterbury branda are quoted at local rates — viz., £9 15s for 50's.
In offal the demand for bran has eased, and sales for shipment have been made at £2, f.0.b., whilst the local price is £2 103. Pollard i-; scarce and firm at £3 ss, f.0.b., for shipment, and £3 10i for loea_l orders. (Thick whea-t is a shade easier, and m".y ba quoted at 2s 6d to 2s bid for good whole fowl feed.
There are not many oats coming forward, and current quotations for sotmd B's. range from Is 4d, ex rail, for sparrowbills, to is 4^d, ex rail, fcr Gartons.
The Chrietchurch Press reports: — "There is practically no demend for oats, ether old or now, and no sales of t'ne latter are yet reported. '
The price of oatmeal stands at £8 10s per ton, and pearl barley is quoted at £13.
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Bibliographic details
Otago Witness, Issue 2603, 3 February 1904, Page 17
Word Count
431THE BREADSTUFFS AND PRODUCE MARKETS. Otago Witness, Issue 2603, 3 February 1904, Page 17
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