PRODUCE.

New Zealand Tablet, Volume XXXII, Issue 33, 18 August 1904, Page 13

PRODUCE.

London, August 12.— Wheat : The American markets are agaim excited. The harvest is in full swing. The South of England crops generally are very light. 'L.he European markets are firmer ; owing to reports fiom the United States there is practically no surplus for export. Cargoes are quiet ; an Australian sold at 31/1 4- to 61/. i. The New Zealand new crop is satisfactory, but quiet , there was a sale of Tuscan at 31/6 to 31/8. Flour is firm Australian patents, 23/ Cto 21/-.

Oats.— Firm, but little demand. Australian Algeiian on passage is ottered at 15s 3d.

Butter.— Firmer. Danish, 10!)/- ; New Zealand, 96/to 98/- ; New South Wales, 1)2/-. The droughts in Lurope have considerably improved the prospects of the new season.

London, August 14.— Wheat— An Australian cargo and a parcel of 12,000 quarters August and September shipments sold at 32/7 it. The American market has slumped.

Frozen Meat. — Mutton in all classes is unchanged. Lambs : Canterbury light, s;d , heavy, s£d ; Dunedin and Southland, 5 l-10d ; Norlth Island, f^d. New Zealand beef : Ox fores, 3Jd , ov hinds, sd. River Plate sheep unchanged. Beef : Ox fores, 2fd ; hinds,

Invercargill prices current.— Wholesale — Butter farm, 7d ; separator, 9d ; butter, factory, pats, lUd. Eggs, Is per dozen. Cheese, (factiory), 64d. Hams, 9d. Potatoes, £2 per ton (bags weighed in). Barley, 2s to 2s iSd. Chaff, £2 per ton. Flour, £0 10s to £10 10/-. Oatmeal, £8 10- to £9. Bran, £3 15/-. Pollard, £5. Ketail — Faun butter, 9d ; separator, lid ; butter '(factory), pats, Is Id. :I'^ggs, Is 3d per do/-en. Cheese, Bd. Hams, lOd. Bacon, lOd. Potatoes, 3s 6d per cwt. Flour : 200 ft, 21/- ; 501 b, 6/-. Oatmeal, 501 b, 5/6 ; 251 b, 3/-. Pollard, 8/6 per H:ag. Brati, 4/0. Chaff, Is 6d.

Mr. F. Meenan, King street, Dunedin, reports :— Wholesale prices only— Oats : Milling, l/ 6£ to 1/Hk ; feed, Is to Is (id Wheat : Milling, 3s fo 3s 5d , fowls, 2s 4d to 2s lOd. Potatoes, £1 15s ; seed, £2 10s to £3 10s „ chafl, £2 7s tkl to £3 Ids ; clover hay, £2 10s to £3. Straw Pressed wheat, 3()s ; oaten, 35s , loose, 35s Flour Sacks. £9 1 0s, 1001 b, £10, 501 b, £10 ss, Ml!,, £10 10s. Oatmeal, £9. Pollard, £1 10s. Bran, £3 5s Butter : Daay, 8d to ]0d ; lid. Cheese: Factory, 4:fd , dau\, I'd Kgffs, ,ild Onions. Melbourne, £4 10s.

Messrs. Donald Reid and Co. (Limited) report :—: —

We held our weekly auction sale of grain and pro duce at our stores on Monday. Most of the lines on offer met with good competition, fowl wheat particularly being in good demand. Potatoes and chaff, being more plentiful, 'had not the same attention. Prices ruled as under :—

Oats — Dunne; the past week A giadc, chiefly Clarions, have been in good demand at late values For B grade 1 here has not been the same inquiry, snippets' orders in this quality not coming up to expectations. Lower grades have some attention, but at slightly reduced prices Quotations : Piime milling, 1/7^ to l/B£, good to best feed, l/ 5£ to 1/7 ; inferior and medium, 1/2 to 1/lj per bushel (sacks extra).

Wheat. — The reported shoitness m American crops, and consequent improvement in other markets, has had its effect here, and all classes of wheat show a distinct improvement in value. Prime milling; is ofiering sparingly, and is readily taken by local millers. All sorts have some attention from speculators, while fowl wheat is especially scarce, and has good demand, both locally and for export. Quotations Prime milling;, 3/3 to 3/6 ; medium to good, 2/11 to 3/2 ; whole fowl wheat, 2/8 to 2/10 ; broken and damaged do, 2/3 to 2/0 per bushel (sacks extra).

Barley. — In malting lines only the best quality have any demand. Medium sorts are not in request, an! difficult to place. Feed lines have more attention, but sales are not passing freely. Quotations : Prime maltiu», 3/- to 3/3 ; medium, 2/1 to 2/10 ; milling, 2/- to 2/4 ; feed, 1/9 to 2/- per busiiel I (s i acks extra).

Potatoes. — Heavier supplies of Derwents and other table sorts have been coming forward, and are not so readily cleared. Seed lines are also offering more free-

ly, and at lower prices. Quotations : Best Derwents, 37/6 to 40/- ; others, 30/- to 35/- ; seed lines, 40/- to 55/- per ton (bags in).

Chaff.— With fine weather consignments are more numerous and late values cannot be realised. Quotations : Best oaten sheaf, £3 to £3/5 , choice, to £3/7/6 ; medium to good, £2/5 to £2/15 per ton (sacks extra).

Turnios. — Heavier supplies to hand, which can only be cleared at a reduction in values. Quotations : Best swedes, 12/- to 13/- per ton (loose, ex truck).

Straw — Quotations • Oaten, 32/6; wheat, 27/6 30/- per ton (pressed). !

MessTs. Stronach, Morris, and Co. report :—: —

Wheat —There has been a further advance during the week, and the following are present quotations : Prime milling, 3/S to 3/6 ; medium, 2/11 to 3/1 ; best whole fowl wheat, 2/8 to 2/10 ; broken and damaged, 2/2 to 2/6.

Oats. — We cannot quote a rise in this cereal, in fact there is a slightly easier tone in the market. Quotations : Prime milling, \ /!\ to 1/8J ; good to best; feed, 1/5 to 1/7 ; inferior and medium, 1/1 to 1/4.

Pota.toe, —Prime Derwents, £1/17/6 v to £2; other sorts, £l/io/- to £1/15/- per ton.

Chaff. — Prices are a slhade easier this week, prime oaten sheaf being woith £3 to £3/5/- ; extra prime, to £3/7/0 ; medium, £2/12/0 to £2/17/6 ; light and in-ieri-ot, £2 lv £2/10/- per ton.