THE BREADSTUFFS AND PRODUCE MARKETS

Otago Witness, Issue 2735, 15 August 1906, Page 19

THE BREADSTUFFS AND PRODUCE MARKETS

Friday. Tho wheat market is deciflodly dull, and the only sale cabled during the week is of an Australian cargo at 30» l^d, which goes to confirm recent London advices that prices at Home are barely being maintained. There is no quotable alt-eiation in the Commonwealth market. Melbourne's prieo for milling wheat is 3s 4d, as against Sydney's 3s 6d : Adelaide reports the market dull at 3s 4d. There is an absence of animation in th« local wheat market, and the position is practically unchanged — viz. : Buyers at 3s 3d and sellers at 5s 4d, on trucks, northern stabiono. A few 6mal! lines are changing hands, but the total volume of business passing scarcely makes a market. There is a good demand for chick wheat, and good whole fowl feed is selling at from 3a Id to 3s l£d, «x store. Shipping orders are being filled at northern ports on the basis of 3s 3d, f.0.b., sacks in. The demand for flour is an average one. The. New Zealand Flourmillers' Association's tariff stands as follows: — Sacks, £9 per ton : 100's, £9 10s ; 50's, £9 15s ; 25's, £10. The shipping price is £8 10s per ton f.o.b. There is no change in the offal market. Tho tariff for bran stands at £3 15a per ton for local orders and £3 10s per ton f.o.b. for shipment ; pollard at £5 per ton for local orders and shipment. The oafc njatket ig ujochanired; there ig

practically no outside demand, sales being confined to filling local orders. Holders, apparently, realise the futility of pressing sales in the entire absence of demand. At the same time the majority of holders would be willing to realise at cost so little faith ha^e they in the future of the market. Quotations remain therefore on the same le\el. Good B grade is saleable in small lots at 2s 3d. ex store, and sales have been made during tlis week at from 2s to 2s o£d, on trucks, Gore. The Bluff quotation nominally remains at 2s 4£d f.0.b., sacks in. Oatmeal is quoted at £13 per ton. Pearl barley is unchanged at £-14 10s per ton. Our Temuka. correspondent reports : — " During tho week business on all lines has been on a limited scale. Holders of prime milling lines of wheat show no uneasiness, and do not push to make sales. Farmers who hold stock ask u\t to Ze 6d, at which price very little business is being ♦lone, but, more inquiry and a few sales have boon made. There w practically no spring threshing to do in this district of either wheat or oats. The oat market remains stagnant. There are no oats offering from farmers, but on the other hand there are buyers of both seed and feed ; the stocks held here are so small they are not worth consideration. The demand must chiefly bo supplied from Southland with lower grade oats and lower rates than is asked for good bright Gartons that are held here, holders feel confident they will be wanted before end of season. There has not been much business passing, but the market has firm and steady tone for all line*. Sheaf chaff and potatoes ara firmer and in strong demand, with none offering. Other lines lernain without quotable change.'' Current quotations for poultry are as follow: — Hens, 2s to 2s 9d ; roosters — old 2s to 2s 6d, young 4s to 4s 6d ; ducks, 4s to ss: geese, 4s to ss: turkey* (scarce) — hens 5d to 6d per lb, gobblers 7d to Bd. PEODCCR MARKET. The potato market remains firm at quotations, and with every prospect of present high rates continuing. Choice stabie Demerits arc selling at up to £11 10s per ton, and Up to-Dates" at from £11 ]0s to £12. Victorians are quoted at £10 to £10 ss, according to quality. The dairy export produce market is still advancing, and it is reported that the leading Csntorbury factory has obtained the record price of lid f.o.b. for the season's output of butter. A Taranaki factory is also said to have obtained the same figure. Practically the whole of the factories have now sold their outputs for the season. The scramble for cheese will begin in about a fortnight's time, and it is rumoured that the factories expect high prices for this commodity also. The local butter market maintains its firmness. Fir-<t-giade factory butter is quoted at Is Id for bulk (r.ct cash) ; prints, Is l£d (booked) and Is l£d (cash). Farmers' separator in pats is quoted at Is to Is Id, and farmers' dairy pats at lOd to lO^d; dairy bulk, lid : choice milled, ll^d. Tuo local c-hee^e market keeps very firm, and bid to 7d ii 3¥ 3 ¥ the price for factory mediums. The price for fre=h eggs is a phade lov.er. at Is Id to Is 2d. A few limed and chilled are offering at Is per dozen. Pigs are scarce and in good demand. Baconers ha\e firmed to 4*d ; overweights, Z<! to 3^<! : porkers. 3|d to 4d. Hams a»-e quoted at 7d to 7^d, and bacon at 6^l to 7d. Chaff is rather firmer. The price for piim.e new oaten sheaf is £3 17s bd to i/4 ss ; medium and inferior, £3 10s to £3 15-.