OAMARU MARKETS.

Otago Witness, Issue 2840, 19 August 1908, Page 22

OAMARU MARKETS.

(From Our Owjt Cobbespondent.)

OAMAEU, August 16. A few parcels of wheat have changecf hands here at prices equivalent to last; week's rates. Two parcels of 500 sacks each and one of 300 eacks have brought 4a Id at country stations, less commission; an& sevei-al smaller lote have realiaed 4s net.

Oats are rather neglested, feed Gartens in small lots having been sold at Is lid net at sidings. Potatoes have been in better demand from the North Island, and values hardened) during the week, growers making £4- at? their sidings tor Derwents and Up-to-Dates. Shipping business bas been written at £$r. 12s 6d to £4 15s for Derwents, and £4 103

Ll> JUt xuo I<Jl ujl-wj-JL/aw:a. Ohaff is ,quoted at £3 5s net at country sidings, sacks extra. Fine w-eaiiher is enabling farmers to get on with their work, though, frost delays ifc' on the higher areas of'arable land. Gtotf* ing wheat is in fine order, and promices good yields. Only on heavy plougshed land) is it impossible just now to do much work in the coastal districts. This m&y make spring sowings of wheat and the oat orop a little late, but theTe is every prospect, of a large urea, going under white orop, especially wheat, which will, .under favourable conditions, achieve a record iox' North Ota go. The stock market is firm, young ewt being in best demand. Two-tooth crossbreds hay© been sold at up to 24a, . wiiia store wethers are also in some request. Fat cheep have cold at up to 19s 7d for wethers and 16s 2d for lambs. Fat cattle are very firm, and 27s pec 1001b for ox beef has been reached, £10 10s and £11 being paid on Tuesday for besti bullocks.

GRAIN AND PRODUCE REPORTS,' Messrs Donald Reid and Co. (Ltd.) re* port: — We held our weekly auction sale ofl grain and produce at our stores on Monday, when we submitted an average catalogue to most of the usual buyers in tho local trade., Competition for oats andwheat was only moderate, and the bulk ofl our offerings in these had to be passed in. Potatoes and chaff had fair demand, ano reaTly all on offer realised late quotations. Values ruled as under:— f Oats. — Prime seed lines are moving off more freely in small quantities, but for milling and feed lanes the demand is slack, and sales are difficult to effect. Local stocks are fairly heavy, but no consignment of any quantity are now coming forward* and any oats still in stack will doubtless bfif put on the market in tbe shape of -chaff, fof which there is a comparatively better dfl* mand. Quotations : Seed limes, 2s 3d bo 24 6d; prime milling, 2s IJtf; good to begt? feed, 2s to Sis Id; inferior io medium, Is lQd \o Is lid ocr bushel (sacks extra). Wheat. — Millers' stocks of Tuscan are mi most casea sufficient for their present requirements, but prime velvet and xedchap have some attention. Medium quality is

■unsaleable except as fowl wheat, for which there is steady demand in moderate quantities. Quotations: Choice seed lines, 4s 6d to 4s lOd; fair, 4s 3d to 4s sd; prime milling, 4s 3d to 4s 3d; medium, 4s l^d; whole fowl wheat, 4s to 4b Id : broken and damaged, 3s to 3e 9d per bushel (sacks extra). -.Potatoes. — "With rather better inquiry, anany of the local holdings have been quitted during the week at prices fully equal to late quotations. Derwents are not generally wanted, the demand being chiefly for freshly-picked Up-to-Dates. Quotations: Prime Derwents, -£4 2s 6d to £4 ss; medium to good. £3 15s to £4 ; prime Up-to-Dates, £4 to £4 2s 6d; medium, £3 10s to £3 15s; inferior, £3 to £3 7s 6d per ton (sacks included).

Chaff. — Tie market continues to be fairly -well supplied. For prime, bright oateA sheaf tnrare is good demand, both locally and for export, but lower grades have little attention. Quotations: Prime oaten sheaf, d 64 to £4- 2s 6d ; choicest, £4 ss ; medium to good, f£3 10s to £3 17s bd; light and inferior, £3H© £3 5s per ton (bag© extra). Straw. — Quotations: Wheaien. 37s W' to 40s; oaten. 4-5s to 50b per ton (pressed).

Messrs Dalgety and Co. (Limited) report as follows: — We held our" usual weekly Auction sale of grain and produce at our Stores on .Monday, when we submitted a large and varied catalogue to a moderate attendance- of buyers. Competition throughout was fair, and a good proportjon of our offerings were cleared at quotations. Values ruled as under —

Oats. — The" market is quiet and values are easier. A few holders continue to force their lines on the market, and as merchants are not disposed to operate at late quotations lower figures have had to be accepted. Quotations: Seed lines, 2s 3d to 2s' 6d ; prime ' milling. 2s l£d ; good to Best feed, 2s to V 2s Id ; inferior, Is lOd to la lid per bushel (sacks extra).

Wheat' — The market is dull and inactive. Holders for the most part are not anxious to quit their lines at present, and" millers on the other hand are only casual operators in small lines. Fowl wheat^ has moderate inquiry. Quotations: Prime milling, nominally. 4s 3d to 4s 4d; medium to good, nominally,. 4s 14d to 4s 2id; fowl wheat. 4s to 4s Id ; broken and damaged, 3s 4d to 3s 9d per bushel (eaclcs extra).

Potatoes. — Late values are barely maintained in this market. Prime table sorts {white) are saleable at last week's quotations, but medium and inferior sorts are neglected by buyers. Seed lines, however, are having more attention. Quotations : Prime Derwents. £4 2s 6d to £4 ss ; prime Up-to-Dates, £4 to £4 2s 6d ; medium to good, £3 7s 6d to £3 15s; email and inferior, £2 10s and upwards (bajrs in). Ghaff. — Prices in this market are on a t»ar with last week's rates. The demand for shipment and local consumption is confined principally -to prime quality. Medium and- inferior .sorts are not sought after, and are much slower of sale a-t quotations. Quotations: Extra choice, £4 ss? prime oaten sheaf. £4 to £4 2s. 6d : medium to grood, £3 10s to £3 15s; inferior and light, £3 per ton (bags extra). Turnips — We quote best Swedes 20s per lon loose, ex truck.