DUNEDIN GRAIN AND PRODUCE MARKET

Ashburton Guardian, Volume VII, Issue 2114, 20 April 1889, Page 3

DUNEDIN GRAIN AND PRODUCE MARKET

Messrs Samuel Orr and Co. report for the week ending April 17 :— We have muoh pleasure In. reporting another weak'a fine weather, at least soffiotently fine to ebable threshing to be carried on, and which is being done most vigorously, though north of us it is pretty well finUbed. Oar Australian markets are being to stagger a bit over the supply of oats which Is being poured la on them from tbe soath part of oar colony, and as he supply is befog farther Increased we may look for a substantial drop some of these days, and wbfch «pron!atora are aware of, consequently hold off from large patoolf?. Tbe business transpiring is a very large one Indeed both for milling and shipment notwithstanding the tendency of the market to drop. la wheat tbe market locally is nearly at a standstill as millers' will only buy bat sparingly on aoooant of the very desponding reports from Home, Tae market there Is lifeless, while tbe Continental markets are even worse. America too li deollnlng and weak, while our wheat on the passage is belog s>ld low to arrive. It Is far from pleasant to write so dolefully of the ooreal whioh has helped to establish our colony eperywhere, but tbe prospects of it meantime are far from bright. Oar own Impression, however, Is that by Jaly or August a very different aspect will ensue.

Wheat — Tbe arrivals are now assuming larger dimensions, but few sales of any magnltade are taking plaoe, these being under eyen last week's quotations—viz., prime Tußonn up to 4s 4d ; velvet and red straw. 3s lid to 4s 2d ; fowl feed, 2i 61 to 3a 61.

Oats — These are now coming forward freely, and likely to Increase every week for, some time, aa growers are busy carting, while the demand is fairly good. The principal arrivals are gding Into atore, the Railway Department being this season most strict on agents discharging the tracks, thus giving shippers little facility for shipment. We quote prime billing 2s 7d to 2i 7&d, tboujh for a very fine sample 2s 8d could ba got ; bright, stout short feed, 2a 6d to 2a 7d ; inferior and discolored, 2s 4d *o 2j s£6\ During the week W9 oold 25 883 buahels.

Bakley— Demand but alight locally, though prime quality (northern grown) Is saleable for shipment, We sold a few paroels at Wo qu >tatlons.