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OAMARU MARKETS.

(Fsou Ovm Owx 'CaMamaxoxDmtn.y OAMARU, Beoember 6. Ther-- i« li+tlo to .report about -6he local wheat jTJifk<'t except a slightly firmer; tendonc; . one parcel of fair -velvet producing 4s 4d at a country siding, less commiesiori. During the past week seconds milling roali*e<3 3e IGd at a siding, and! fowl wheat 4s sd. f.o.b , 6acks in. Oats uro raiiiei woakcr if. anything, Is Bd, f.o b &af!>^ in, having been accepted) for pTiiiMi Garioiu.

"Potatoes have advanced somewhat for really prime parcels, and £5 ss, f.0.b., sacks in, has been obtained fo*r Up-to-Dates and Derwents. Parchings winds have done much in the last few days to- cheek many crops, and the yield in January will suffer seriously if there is no rain soon. A good deal of wheat is now developing a head, and favourable weather is therefore important. Crops that are situated so as not to catch the hot winds are not so- bad, but anything exposed is suffering. Oats are feeling the .absence of moisture very much, and for potatoes and other root crops a, change is of almost equal importance. The -stock market is dull, in consequence of the prospects of feed being scarce. GRAIN AND PRODUCE SALES. Messrs Dalgety and Co. (Ltd.) report as follows:— We held our usual auction sale of grain and produce at our stores on Monday, when we offered a small catalogue to a fairly large attendance • of buyers. Competition was not over brisk, but this was in in a measure due to the quality of the offerings. A fair "elear-a-nce, however, waa effected at auction and privately at quotations. "Values ruled as under : — Oats. — The market continues quiet, with no improvement to ' report in the demand existing. Stoeka- in- stores, however, are now greatly reduced ; especially is this- so^ in A and B grade- Gartons, and as these have strong, inquiry we recommend consignments. Quotations are " unchanged. Prime jnilling, Is 731 dto Is 8d ; good to best feed, Is- 6d to Is 7d per - bushel ; inferior to medium, Is 3d to Is s£d . (sacks extra). Wheat. — The market is very firm at quotations, although few sales , can be reported. '"Phis is, however, ' due to the lightness of offerings. Millers are operators in prime Tuscan, or velvet at quotations. Fowl wheat has fair inquiry, but is scarce. Medium milling quality, however, finds an outlet in its place. W^- quote: — Prime milling, 4s 7d to 4s 8d; medium milling and fowl wheat, 4s 5d to 4s 6£d ; broken and damaged, 3s 9d to 4s -4£d per bushel (sacks extra). Potatoes. — The market is finri, and there as good inquiry for sound tables at up to £5 per ton. Other descriptions, however, are not wanted, and are in consequence almost unsaleable, even at low figures. We quote:— Prime Up-to-Dates, £4 15a to £5; medium, £4 5s to £4 10s; inferior, from £1 per ton (bags in). Chaff. — Arrivals have been lighter during the past few days, but supplies have been equal to the demand existing. Buyers are very particular as to quality, and none but nicely-cut and heavy lines are readily saleable^ Quotations are on a par with those of last week: Extra choice, £3 ss; prime oaten sheaf, £2 17s 6d to £3 2s 6d ; medium, £2 12s 6d to £2 15s; light, inferior, and heated,, £2 10s per ton (bags in). Messrs Donald Reid and Co. report: — We held our weekly auction sale of grain and produce at our stores on Monday. Our catalogue comprised a moderate selection of oats, wheat, potatoes, chaff, and straw, for all of which there was fair competition up to, quotations. Values ruled as under : — ' > Oats, — The market is quiet;. Stocks in stores are now materially reduced, and nolines of any importance are offering at present values. #On this account there is little business passing, there is stronger, inquiry from- northern porta for good lines of Gartons and sparrowbills. We quote: — P i rim& milling; la 7£d to Is 8d ; good to best feed, Is 6d to Is 7d : inferior to medium, Is 3d to Is 5d per bushel (sacks- extra). ' " Wheat. — There is practically no prime milling wheat offering in this market. Any lines coming forward are readiltaken by millers at quotations. Medium quality, and in many cases good milling lines, are being used almost "exclusively to ' supply fowl-feed requirements. Considering the shortage in the supply of whole fowl-wheat, there is comparatively poor demand for seconds, broken, and damaged lots. We quote : — Prime milling, 4s 7d ; to 4s Sd; medium milling and whole fowlwheat, 4s 5d to 4s 6£d ; medium fowlwheat, 4s to 4s 4d; broken and damaged, 2s '9d io 3s 9d per bushel (sacks extra). Potatoes. — Moderate consignments continue to arrive. .Best sound lines have fair demand at prices rather above shippers' limits. For stale and inferior quality - there is little inquiry, and such lots are not easily placed. Quotations : Best table sorts freshly picked, £4 15s to £5; fair to good, £4 to £4 10s; inferior to medium, £2- 10s to £3 10s per ton (bags included). Chaff. — Only moderate supplies of prime oaten sheaf are coming forward. This is at present the only class in favour with local buyers. Any lower quality is extremely difficult to place to advantage, and iv many cases has to be discharged into x stores for want of competition. Quotations : Best oaten sheaf, £3 to £3 12s od; choice, to £3 ss; medium to good, £2 10s to £2 17s 6d; light and inferior, £2 to £2 7s 6d per ton (bags extra). Straw. — The market is over-supplied with oaten sttetw,- and in consequence - values have receded to 355. Wheaten is in fair demand at, 37s 6d to 40s per ton (pressed).

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https://paperspast.natlib.govt.nz/newspapers/OW19081209.2.63.22

Bibliographic details

Otago Witness, Issue 2856, 9 December 1908, Page 22

Word Count
957

OAMARU MARKETS. Otago Witness, Issue 2856, 9 December 1908, Page 22

OAMARU MARKETS. Otago Witness, Issue 2856, 9 December 1908, Page 22