Produce Market

Feilding Star, Volume X, Issue 136, 23 May 1889, Page 3

Produce Market

(New Zealand Trade Review.)

Flax. — The London market has kept fairly firm during the last few weeks, but the tendency is undoubtedly in the direction of lower prices. Flax millers ate not, however, disposed to sell under from £18 to £20 per ton f.o.b. at Wellington, for fair average quality. Every week witnesses some half-dozen mills added to the list, so that with anything like fair weather, an enormous out-put may be expected within the next few months.

Flour and Grain. — The grain market continues fairly steady ; but the news of shipments of wheat from America and India to Australia, brings a factor into fche question the result of which remains to be seen. In our local market, flour remains at the quotations last reported, namely, £11 10/-; to £12 for roller-mill, and £10 10/- to £10 15/-; for stone-mill. Milling wheat is steady at 4/- but in little or no local demand. Fowlb' wheat is coming to market much more freely, having apparently been previously kept back by farmers. Wholegrain feed is selling at 3/10 to 3/11, and screenings at 3/6 per bushel. Fowls' harley is without alteration at 2/10 per bushel. Oats are being freely shipped to Australian markets and prices heio are a little higher. We quote good feed 2/10 to 2/11 per bushel. Maize is in not much demaud afc last rate of 3/9 per bushel. Oatmeal is Blightly dearer at £14 10/---to £15 per ton. Pollard and Bran are in active demand for Australian markets, which absorb some threefourths of the entire grist, leaving a short supply for New Zealand. Prices have advanced to £6 for pollard, and £5 5/- for bran.

Fungus.— The collapse of the Hongkong market has tended to considerably weaken prices both in Australia and here. Three-pence per pound is the nominal value at present, and fairly large stocks are being held for a rise.

Grass Seed. — The Autumn sowing season is practically over though the weather until the last day or two bas been very mild, and an occasional inquiry is made for ryegrass and cocksfoot. The latter is quoted at 2£d per pound. Hides. — This market is still very sluggish, and all over the world the tendency seems to be lower prices. Our quotation of l£d to 3£d per pound are maiutaiued with difficulty.

Hops. — A lot of 12 bales of Hawke's Bay leaf bas been sold at 1/-, the sample being not so good as Nelson. Nelson hops of good quality are quoted 1/2 to 1/3 but with scarcely any business passing.

(To be Continued.)

The Engineer of the Kiwitea Road Board, Mr C. Bray, invites tenders for the supply and delivery of about 500 yards of gravel on the Kimbolton road.