GRAIN AND PRODUCE.

Star (Christchurch), Issue 5961, 28 August 1897, Page 5

GRAIN AND PRODUCE.

After the sharp rise in wheat in London during the past week or so, cables received yesterday announced that it has now gone back a shilling per quarter, but the market is still in an excited state in America. Locally, the news has made very little difference beyond creating a slightly firmer tendency on the part of holders of any really good samples. Millers, who are well stocked with the primer sorts, are turning more attention to secondary samples for mixing purposes, but no sales of any magnitude for local requirements are reported. Amongst the transactions mentioned are a sale of a line of milling Tuscan at 4s at a handy countiy station; another of fair quality Tuscan at equal to 4s f.0.b., and a line of about 1300 bushels of damaged wheat has been taken for export to the North Island at a shade in advance of prices lately ruling. The oit market still remains quiet, and very few transactions have been recorded. A lino of good stout feed has changed hands at equal to 2s 2d f.0.b., and parcels of long feed have been taken at 2s at Christchurch. In other feed stuffs really nothing has been doing, and potatoes still continue to hang fire owing to lack of inquiries from outside, and 32s 6d at handy country stations is now the standard offer of merchants, who, howevei*, are not anxious to purchase even at this price. At the usual monthly sale of the New Zealand Loan and Mercantile Agency Company, Limited, yesterday, abotrt 3500 sacks of grain and produce were offered, mostly in small lots. There was a fair attendance of the trade, but biddingthroughout was dull and lifeless, in many cases owners' ideas of values being above those of buyers, and a la,rge portion of the catalogue did not change hands. Of the 673 sacks of wheat offered less than half changed hands at from 3s 9d to 4s, the latter price being obtained for a nice parcel of Pearl. Whole fowl wheat brought 2s 9d to 3s 4d, and broken do 2s 3d to 2s 6d. Of over 1300 sacks of oats offered, under 100 changed hands at up to 2s 3d for a nico sample of Sparrowbills for seed, and from Is lld to 26 ld for good feed sorts. A couple of lines of oatsheaf chaff, both more or less diflCQloured, sold at 3§s and 47s 6d, and a couple of small parcels of Derwent potatoes at 30s and 32s 6d per ton, all prices being ex store. The following are prices current: — Wheat. — Pearl (prime milling) and Velvet Chaff 4s to 4s 2d, Tuscan 4s ld, Hunter's 4s ld, good seconds, clean, 3s to 3s 3d. Oats.—Milling Canadians 2s 4d, Tartars 2s 2d, stout feed 2s ld to 2s 3d, Duns 2s to 2s 3d, Danish 2s. Barley (nominal). — Malting 3s 9d to 4s, medium 3s 3d to 3s 6d, feed 2s 2d to 2s 6d. FiiOUß.—Millers quote roller £11 10s, stone £10 10s, sharps £4, bran £3 15s. Oatmeal.—£l3. Oatshi-a_? Chaff (nominal). — 60s at handy country stations for good samples. Beans.—2s 7d to 2s Bd. Peas.—Blue Prussians 4s, Partridge 3s 3d. Potatoes.—Derwents 32s 6d at country stations. Gbass Seed.—Ryegrass, farmers' lots, 2s 3d to 2s 6d; machine-dressed 3s 9d, heavy-weight 4s to 4s 3d. Cocksfoot, farmers' lines, discoloured 2Adto 3d, bright seed 3Jd to 3£d, town machine-dressed 4d to 4id. Dairy Produce.—Cheese 4d to 4J-d, loaf 4d to sd. Butter—Fresh factory ls, ditto in boxes 9d to lOd, dairy 6dto 10d,salt (in boxes) 6d to 7d. Bacon and hams 6£d to 7_d. The above prices, except where otherwise stated, are those paid to farmers f.o.b. Lyttelton.