PRODUCE.
London, August 26.— Wheat and Corn : The coin markets of Europe are quieter and rather lower, consequent >upon the American reaction. The harvest in the North of France is nearly completed. It is estimated to too from 15 to 20 per cent, below Ui!at of 1903.
Australian wheat (spot), 32/- to 32/6. A steamer parcel of New Zealand arrived, and was sold at 29/6. Wheat has declined on all the American markets. The extreme break was 7£ cents at Minneapolis.
Invercargill prices current.— Wholesale — Butter farm, 7d ; separator, 9d ; butter, factory, pats, ll^d. Eggs, 10d per dozen. Cheese (factory), 6|d. Hams, 9d. Potatoes, £2 per ton (bags weighed in). Barley. 2/- to 2/6. Chaff, £2 per ton. Flotir, £10/10/- to £11/10. Oatmeal, £9 to £9/10/-. Bran, £3/15/-. Pollard, £5. Retail— Farm butter, 9d ; separator, lid ; butter (factory), pats, 1/1. Eggs, 1/- per dozen. Cheese, Bd. Bacon, lOd. Hams, lOd. Potatoes, 3/6 per cwt. Flour : 20,0H>, 23/- ; 50ft, 6/6. Oiatmeal : 50ft, 5/9 ; 2>sft, 3/-. Pollard, 8/6 per bag. Bran, 4/6. Chaff, 1/6.
Mr. F. Meenan, King street, Dunedin, reports :— Wholesale prices only— Oats : Milling, l/ 6£ to 1/84 ; feed, 1/- to 1/6. Wheat : Milling, 3/2 to 3/7 ; fowhs, 2/8 to 3/1. Potatoes, £1 l'ss ; seed, £2 10s to £3 10s ; chaff, £2 7s 6d to £3 5s ; clover^hay, £2 10s to £3. Straw : Pressed wheat, 35/ ; oaten, £2; loose, £2. Flour : Sacks, £10 ; 1001 b, £10/10/-; 50ft, £10/15; 25ft, £11. Oatmeal, £9/10/-. Pollard, £4. Bran, £3/5. Butter : Dairy, 8d to lOd ; factory, lid. Cheese : Factory, 4|d ; dairy, 4£d. Eggs, lOd. Onions : Melbourne, £5.
Messrs. Donald Reid and Co. (Limited) report :—
We held our weekly auction sale of grain and produce al our stores on Monday. Our catalogue was a small one, and under fair competition from a good attendance of buyers, was cleared at satisfactory values. Prices luled as under :—: —
Oats.— Prime bright lines of Gartons and similar sorts continue tv meet with fair demand for export. For B grade there has been little or no inquiry, with larger offerings ; lower grades have some attention, both locally and for export. We quote : Prime milling, 1/7 to VB£ ; good to best feed, 1/5 to l/ 6£ ; inferior to medium, 1/3 to 1/1 i per bushel (sacks extra). Wheat.— The market has been excited for some days, and all kindb of wheat has been changing hands at advanced rates. Prime milling, which is not offeiing freely iv this market, has most, attention from millers, but most iof the sales have been in medium quality and fowl wheat. T.he latter is scarce, and commands ready sale. We quote : Prime milling, 3/7 to 3/10 ; medium, 3/4 to 3/6 ; best whole fowl wheat, 3/1 to 3/3 ; medium and damaged, 2/6 to 8/- per bushel (sacks extra). Barley.— The few sales parsing are chiefly of 'prime maJting or feed quality, medium sorts being comparasively out of favor. Fair inquiries have been made, which, so far, have not resulted in any business of importance. We quote : Prime malting, 3/- to V 6 '. medium, 2/0 to 2/10 ; milling, 2/3 to 2/6 ; feed, J, 10 to 2/- per bushel (sacks extra). Potatoes.— There is a steady supply of Derwents, whkh continue to move off at late quotations. Kidneys and other white sorts are very much in over- •supply, and difficult to quit at reduced prices. We aurl«, : Seek! sorts, £2 to £2/10/- ; best Derwents, 37/6 to 40/-; others, 30/- to 3f>/- per ton (sacks in). Chaff.— For prime quality there is a steady demand, which has absorbed all supplies coming forward. Medium and inferior lots have not the same attention. We quote : Prime oaten Sheaf, £2/17/6' to £3/3/6 , medflum to gpo'd, £2/5/-* to £2/15/- per ton (bags extra). Turnips.— We quote : Best swedes, 14/- ,^r ton (loose, ex truck). . Straw— Oaten is scarce and has good inquiry at 32/6 to 35/- per ton ; wheaten, 27/6 to 30/- per ton (pressed).
Messrs. Stronach, Morris?, and Co. report :—
Wheat.— There is not much offering, as holdefrs are looking for better prices. Present quotations : Prime milling, 3/7 to 3/10 ; medium do, 3/4 to 3/6 ; best whole fowl wheat, 2/11 to 3/3 ; inferior and damaged, 2/7 to 2/10.
Oats.— There ia an easier feeling in the market, and to-day's quotations are : Prime milling, 1/7 to T/8£ ; good to best feed, 1/5 to l/6i ; medium amd inferior, 1/1 to 1/4. Potatoes.— Prime Derwents, 35/- to 37/6 ; medium; do, 30/- to 32/6. Chaff.— Prime oaten sheaf, £2/17/6 to £3/2/6 ; medium, £2/10/- to £2/15/- ; light and inferior, £2 to £2/5/-.
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New Zealand Tablet, Volume XXXII, Issue 35, 1 September 1904, Page 13
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754PRODUCE. New Zealand Tablet, Volume XXXII, Issue 35, 1 September 1904, Page 13
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