GRAIN AND PRODUCE MARKET.

Otago Witness, Issue 2714, 21 March 1906, Page 20

GRAIN AND PRODUCE MARKET.

Messrs Donald Reid and Co. (Limited) report; — We. held our weekly sale of gram and produce at our stores on Monday. There was a moderate attendance of buyers, to whom we submitted an average catalogue. For oats and wbe.at competition was slack, and only a few sales -were -effected. Potatoes and chaff had more competition, arid nearly all the lines on effer were cleared at quotations. Prices ruled a3 under: — Oats.— There is no change either in values or demand. The export trade being done is oh the smallest possible scale, and as only »

limited quantity can he placed locally, consignments are not readily disposed of. Threshing has now begun, but so far the only samples received are from northern districts. Quotations: Prime milling, old oats, Is lid to l-s-ll_d; good to best feed, Is lOd to Is lid; medium, Is 9d to Is 9_d per bushel (sacks extra). Wheat. — Millers are supplying their immediate requirements with new wheat from early northern districts at prices which show a considerable reduction on late values for old wheat in this market. The latter class is therefore difficult to deal with even at a slight sacrifice in value. Fowl wheat is not offering plentifully, and, in comparison with milling quality, commands good sale. Quotations: Prime milling, 3s 3d to 3s -id ; medium to good, 3s 2d to 3s 3d ; whole fowl wheat, 3s Id to 3s 2d ; broken and damaged, 2s 9d to 3s per bushel (sacks extra). Barley. — There is good inquiry for prime, bright new season's milling quality. So far most of the samples to hand from the north are more or less discoloured, but sound lines (plump and bright) can be placed at a slight improvement on late quotations. Potatoes. — Fair supplies have come forward during the past few days, and_ late quotations are not maintained. At to-day's sale we submitted several lots of good white sorts, which realised £8 10s to £9 for best lines, and for medium £7 to £8 per ton (sacks included). Chaff. — Prime oaten sheaf has not been quite so plentiful, and, with fair local demand, prices have advanced about 2s 6d per ton. Medium and inferior lines are still quite neglected, and are in over-supply. Quotations: Pirme oaten sheaf, £3 12s 6d to £3 17s 6d; medium to good, £3 to £3 10s per ton (bags extra). Pressed Straw is offering at a slight leduction on late values. Messrs Dalgety and Co. (Ltd.) report as follows: We held' our weekly sale of grain, etc., at ouv stores on Monday. Our catalogue, which was a fairly representative one, met with good competition, and the greater portion of the lots were quitted at full market rates. Prices now puling are as under: — Oats. — Lately there ha-s been a small inquiry for milling oaits, and this, combined with the demand for oats for horse feed locally, has 1 pretty well cleared up stocks of old oats in stores. Xot many new oats are offering in this market, but shippers are operating both in lih& Oamaru and Timaru districts, and a fair number of lines have changed hands. Quotations : Prime milling, la lid to la ll_d ; medium do, Is lOfcd to Is lid ; inferior and medium, la 3d tq Is lOd per buslitl (saoks e__trs_, „ - j,ff i> r

Wheat. — xhere h^s been a fair inquiry during the past -week for both new and" old "wheat. There is, however, a difference between buyers. and sellers' ideas of values of from Id to 2d per bushel. Prime -wheat is most in demand. Medium quality is difficult to place, but a limited quantity finds an outlet locally for fowl wheat, for which a fair demand exists at late rates. Quotations : Prime milling, 3s 3d to 3s 4d; medium do, 3s 2d to 3s 2£d; best whole fowl wheat, 3s Id to 3s 2d; broken and damaged, 2s 9d to 3s per bushel (sacks extra). Potatoes. — Consignments are now coming to hand more freely, and to effect sales- a reduction of 10s per ton on prices quoted a week ago has now to be accepted. Best sorts realised at auction on Monday, £8 10s to £9 per ton (sacks in). Chaff. — Prime oaten sheaf is still in good demand, and shows a slight advance in value. At ousr sale to-day two trucks realised £3 17s 6d. Medium chaff is slow of sale, buyers preferring to give 7s 6d to 10s per ton more for prime quality. Quotations : Prime oaten sheaf, £3 12s 6d to £3 17s 6d; medium, £3 5s to £3 10s per ton (bags extra).