OAMARU GRAIN AND PRODUCE MARKETS.

Otago Witness, Issue 2695, 8 November 1905, Page 24

OAMARU GRAIN AND PRODUCE MARKETS.

MARKETS. (Fbost Oub Om Coerespondent.)

OAMARU, November 5,

'There is a strong inquiry for prime wheat here, and the market is very firm. Millers, particularly in the north, appear to be on the lookout for prime samples for mixing purposes, and in sonic instances are still prepared To give good valxie. Sales, however, are not very numerous, holders being .of opinion that the market will continue firm and probably advance. The area of wheat sewn, here during the winter and just before the broken weather of September was large, but the area Tinder spring wheat must be very small. Unless the season is favourable the average yield will not be as good as for the last few years, in addition to a probable shrinkage in area. In one case 3s 4d f.o.b. was declined foj; 1100 sacks of prime velvet, but sales have been made at 3s Id to 3s 2Ad, at sidings, less commission, for Tuscan and velvet; while 3s ljd and 3s - 2d, ex store, has also been obtained for first-class samples. A line- of 1400 sacks of fair milling was sold at 3s net at a South Canterbury siding, and another at 3s OJd on the same terms. Red chaff is worth 3s to 3s Id, less commission, at sidings. Fowlwheat is in request at 2s lid to 3s, f.0.b., but the supply is short.

Stocks of oats in this district are now reduced to about the local requirements for the rest of the season, and the market is firm. Gartons are worth Is lid to 2s, at sidings, less commission, and Danish Is lOd to 2s; while for seed lines there is no further inquiry. Potatoes are 'Scarce, and the market is firm, the sales reported being at '£l2 10s to £13, f.o.b.