GRAIN, SEED AND WOOL REPORT

Tuapeka Times, Volume XXIV, Issue 1902, 4 June 1892, Page 4

GR AIN, SEED AND WOOL REPORT

Messrs William E. Reynolds and Co. Stafford street, Dunedin, report for week ending Jane 1 as follows — The weather continues broken and is delaying arrivals to a marked extent, and also interfering with the ploughing in many districts. Wheat. —This grain is not having very much attention and market is, if anything, easier, owing to the unfavourable cable advices received from Home, together with the fact that both millers and speculator* as mentioned in our report of last week, are holding off and only baying lines they consider they are securing at a price below which good wheat is hardly likely to recede. We quote prime Tuscan (scarce), 3s 9d ; other sorts good quality, 3s 4d to 3s 7d ; oidinary, 3s to 3s 2d ; fowl feed, 2s to 2a 6d. Oats. — It has now become apparent to all those interested in the trade that the quantity in stack and barn in the country is not so large as was anticipated, and prices both here and at the Bluff have firmed considerably throughout the past week, and all lines coming to hsnd are readily placed at quotation*. It is therefore somewhat difficult to give an accurate I idea of values, but in quoting we do so as near as possible. The prospects as far as we can judge is that prices will likely continue to firm as the season advances. We quote prime milling, Is 8d to la B£d ; bright heavy feed, Is 7#i to Is 8d ; ordinary, Is 6£d to Is 7d ; inferior, Is 3d to la 5d (ex truck, sacks 6d nett). Barely.— There are now very few line* of this cereal held by any others than brewers themselves, and consequently not much business doing ; at the same time, all arriving has good inquiry, and is readily sold at quotations, which we give as follows : Extra prime up to 3s 9d ; prime, ordinary 3s 6d ; medium 3s Id to 3s 4d ; milling and fead, 2s 4d to 2s 9d (sacks 6d, iess 2£per cent. Chaff.— Really prime is in good demand, with only a limited quantity forward, and as high as 55s is obtainable. Good found, 42s 6d to 60s ; inferior, 30s to 403. Potatoes. — The supply keeps very much in excess of the demand, and it is very difficult to sell any but very prime lines, even at quotations. For best the highest price obtainable is 355, srhilq other sorts, and fairlj sound, are selling at as low as 20s per ton.