Commercial

New Zealand Tablet, 28 July 1910, Page 1179

Commercial

PRODUCE 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 good: selection of grain and produce, and was well competed- for by a large gathering of local buyers. Values ruled as under: . , Oats. The position is unchanged. Prices asked are too high to allow of shippers operating freely, and holders arecontent in the meantime to do a small local trade at quotations, believing that better values will rule later in the season, consequently the amount of business passing is very limited. Quotations : Prime milling, Is 10§d to Is Hd 5. good to best feed, Is 9d to Is 10|d ; inferior to medium, Is 7d to Is 9d per bushel (sacks extra). Wheat.—Owing chiefly to unfavorable reports of the Canadian crop, prices have made a further advance in London. The improvement has been reflected strongly in Australia, and also to some extent in this market. Millers are again operating more freely. They are keen buyers of prime velvet, which is not offering freely, and. readily commands 4s per, bushel. Prime Tuscan and red wheat are also more favorably looked on, choice lots being now worth 3s 8d to 3s 9d; medium to good, 3s 5d to 3s ✓d. For fowl wheat the market has not yet responded to the advance in other classes. Best whole wheat sells at 3s 2d to 3s 4d; medium to good, 2s 9d to 3s; broken and damaged, 2s 3d to 2s 8d per bushel (sacks extra). Potatoes. —Very few consignments are coming to hand, and, as . stocks in store are now light, prices, particularly for prime quality, show a rise on those ruling a week ago. Medium and inferior 10t5,.-although meeting a firmer market, do not show the same increase in values as prime quality. Quotations: Prime Up-to-Dates, £6 5s to £6 10s; medium to good, £5 10s to £6 2s 6d; inferior and small, £3 to £5 per ton (sacks in). Chaff. Moderate consignments of prime quality are offering, and prices show no alteration. Medium and discolored lots are plentiful, and are difficult to quit even at reduced rates. Straw chaff has fair inquiry at quotations. Quotations; Prime oaten sheaf, £3 15s to £3 17s 6d; choice, to £4; medium, £3 to £3 12s 6d; inferior and discolored, £2 10s to £2 17s 6d; straw chaff, £1 17s 6d to £2 7s 6d per ton (sacks extra). Straw.—Oaten, £1 12s 6d to £1 15s; wheaten, £1 to £1 4s per ton (pressed). .... Turnips, £1 per ton (loose). i!

. ; .v : -;' Messrs. Dalgety and Co. report: We held our weekly auction sale of grain and produce at our stores on Monday, when we offered a smaller catalogue than usual to a fair attendance of those interested. The following shows range of prices obtained: Oats. —The market is dull and little business passing. There is some demand for seed Cartons, but the prices asked keep buyers from operating freely. Quotations: Prime milling} Is 10? d to Is lid; good to best feed, Is 9d to Is ■ lOd; inferior to medium, Is 7d to Is B£d per bushel (sacks extra). Wheat. The last week has shown a sharp rise in this market following on the more favorable, prices obtainable in London. r Millers are keen buyers of prime velvet, which is in short supply. The demand for whole fowl wheat is rather stronger, but there is little change in price to report. Quotations: Prime milling, 3s 7d to 3s 9d; choice velvet, to 4s; best whole fowl wheat, 3s Id to 3s 4d; medium fowl wheat, 2s 9d to 3s; broken and damaged, 2s to 2s 6d per bushel (sacks extra). during this last week, and those arriving, if in good condition and well picked, have met with ready sale. Inferior and medium sorts do not command the same attention. Quotations Prime Up-to-Dates, £6 5s to £6 10s; medium to good, £5 10s to £6; inferior and blighted, £3 to £4 5s per ton (sacks in). # —Fairly heavy consignments coming forward have kept the- market well supplied, and last week’s prices still hold. Quotations: Prime oaten sheaf, £3 5s to £3 17s 6d; choice, to £4; medium to good, £3 5s to £3 10s; inferior,

s^raw c l ia ®> £2 to £2 5s per ton (sacks Straw.—Oaten, 32s 6d, to 355. (pressed, cx truck) wheaten, 20s to 22s 6d (pressed, ex truck).

OAMARU MARKETS. The wheat market (says the Otago Daily Times ) has reviyed considerably, and during the week there was more activity than has been experienced for a considerable time, Ihe steady rise in the London, Australian, and other markets has had the effect of firming prices here. - Sales of velvet have been made at 3s lid ex store (less Commission), and on Saturday growers were asking 4s per bushel for pi ime velvet, which is considerably above the market values. 1 rices fluctuated during the period under review. In the early part of the week sales were registered at 3s 7d to 3s 8d per bushel. The middle saw a rise to 3s 9d to 3s lOd (less commission), and now, as previously stated, growers are asking 4s per bushel for prime velvet. There has been inquiry for red wheat, sales of which were made at 3s 6d to os 8d on trucks at country stations, the former figure representing the price given for a line of mixed Tuscan and red chaff. . Business in oats is still restricted, and beyond a few inquiries for seed there has been little doing. Nominally Gartens are worth Is 9d to Is lOd net to farmers. .■ 0 1 Potatoes have firmed since the beginning of the week, bales were made at prices ranging from £5 10s to £5 15s net on trucks, while forward sales at’3£6 2s 6d have been made with Auckland for August delivery fTo.b., s.i., Lyttelton- Seed potatoes are not in request, and are worth from £4 to £5, according to quality.