PRODUCE

New Zealand Tablet, Volume 31, Issue 44, 31 October 1907, Page 17

PRODUCE

Messrs. Donald Reid and Co., report as follows :— We hela o-ur weekly auction sale of grain and produce at our stores on Monday. There was a large attendance of local buyers, and as most of these were intent on business we had little difficulty in clearing our catalogue- at very satisfactory prices. Values ruled as under :—: — Oats.— There is strong demand both locally and for export, but only moderate quantities are offering, and therefore little business can be reported. ror all good to prime lines there is strong' competition. Prune rr.iilling sells at 3s 9d ; good to best, 3s 7d to 3s 8d ; medium to good, 3s 4d to 3s 6d per bushel (sacks extra). Wheat.— The market continues to be in an excited state, and all qualities are saleable at prices which constitute a record for many years. Millers are not readily disposed to purchase except for immediate requirements, and holders are firm in asking an advance on late prices. Prime milling quality may be quoted at 5s ITd to 6s ; and at our auction sale to-day whole fowl wheat was readily taken at 5s 9d to 5s lid; medium, broken, and damaged, 5s 3d to 5s 8d per bushel (sacks extra). Potatoes.— The mavlcet is in an excited state, and during the past few days the rise in prices has been a record one. Three weeks ago sales were very difficult to effect at £2 5s to £2 15s, while at to-day's sale all sound, good-sized potatoes were readily snapped up at £10. 'ihe demand is almost entirely for good to prime quality, inferior and small potatoes having comparatively little attention. The sudden rise hasjbrougjht forward many unexpected lines, but . the keenest buyers are decided in their opinion that values have not yet reached the top. We q.uote • Prime Derwents and Up-to-dates, £9 to £10 ; medium, £6 to £8 ; small, £4 to £5 10s $ inferior, £2 to £3 per ton (bags included). Chaff.— Moderate supplies have been coming forward, and all good to prime quality has ready sale at prices fully eqnjal to late values. ""Medium and inferior sorts have not the same demand. We quote : Prime oaten sheaf, £6 to £6 5s ; medium to good, £5 10s to £5 17s 6d ; light and discolored, £4 5s to &5 per ton (bags extra).