CANTERBURY MARKETS

Press, Volume LXVI, Issue 19957, 18 June 1930, Page 12

CANTERBURY MARKETS

FURTHER WEAKENING IN OATS. (&T OVX COMMBBCIAIi SDITOB.) Tuesday Evening* Oatft and Chaff. Values for oatsT aro again weaker, and although there arc quite a quantity of southern oats offering, buyers are few and the market isvery quiet. Tor da.y A Gartons for June .delivery may be obtained at 3s 10d- f.0.b.,. s.i., and those for Bpread delivery are offering at 4b, with no buyers. B'a have eased in value to a corresponding extent. ■Chaff has also eased slightly in sympathy with oats, and ; to>day'B quotation is £7 2s 6d for June delivery. This is equivalent to £5 10s to £5 12s 6d on trucks. Chaff for July-August-Sep-tember delivery is worth a little in excess of the value quoted above*

Wheat. : The interest in the wheat market aB far as the "free" supply is concerned, has practically concluded and the Pool is the chief holder. There is very little, business passing in next season's wheat, but some has taken place on the basis of 5s 6d for Tuscan, 5s 8d for Hunters, and to 5s lid for PearL There is little enquiry for fowl wheat, which remains firm at 6s a bushel f.0.b., s.e. Potatoes.

Actually the price of potatoes fos prompt delivery shows an easing ten-, dency, but there is very little quotable change in values. The position really "is a false one, as the firming which has taken place during the last week has been confined to Cashel street, and the Auckland market, to all intents and purposes, is over-supplied, and extremely weak. Certainly, if Auckland could be cleared the position would assume stability, but there,does not seem any likelihood of this with supplies , still much in,excess! of the demand. At,present there are not many tubers offering for prompt delivery, and such are worth £3 15s a ton on' trucks, while, for the end of June, up to £4 a ton has been. paid. July 's are .quoted at £5 7s' 6d a ton, and July-August-Sep-tember ,'s at £5 17s 6d a ton, with practically no buyers in each case.

Onions. Tho onion ■ market continues very weak with few offering'and. very little business passing. Tho- quotations today range either just above, or, just below £3 a ton on trucks, according to quality. Quotations. The following' are quotations for produoe, to be paid to , farmers, on trucks, free of commission, saefca extra, except where otherwise stated: Wheatr—os 8d to 5s 9d luscan; 5s 9d to 5s tOd Hunters; 5s lid to fe Pearl, on'tracks. 6acks extra. Seconds 4s oa t0 Fowl Wheat —Prompt,; 5s 6d to 5s 7d. Oats (Nominal)— A Gartons 3s 7d for prompts, 3s 8d to 3s 9d for spread; B'a, to 3s 5d for prompt, 3s sjd to as 6}d for spread. Chaff—£s 10s for prompt, £5 15s to £6 for spread. ' . Barley—Cap© Ss 6d, malting 4s to 4s 3d. Linseed —£15 5«. Potatoes—£3 15s to £4. Red Clover—4d to 5d per lb. ■? White Clover—7d to 9d. ■. ' " Perennial Ryegrass—4s to 4s on. Italian Ryegrass and Western Wolths—4s to 4s 3d. - _, Cocksfoot—7d to 8d for farmers' dressed lines of Akaroal seed. Plains 6d to 7d. . , Peas—No. l's 4s Od to ss; f.a.q.'a 4s 2d to 4s 4d. Onions —£2 15s to £3. Bran —Local, •£8 a ton f.0.b.; shipping £8 a ton f.0.b.; 10s extra for smaller packings. . Pollard—Local, £8 10s* a ton f.0.b.; shipping, £B. a ton, f.0.b.; 10s extra for smaller packings. Flour—Wholesale price £l6 15s a ton for 2001b; sacks, with' the usual mcrementp for smaller packings.

AUCKLAND. [THE PBEBS Spccfel Berrice.J ' AUCKLAND. Juno 17. Although potato values in Auckland are still steady at, the comparatively low price of £7 per ton ex store, the market -generally shows a firming tendency both bete and In the south. - 1 Local onions are becoming comparatively scarce,, and ■ what • are offering * are of 'mixed quality and r require picking over. Supplier are coming up froin the south, bat these also require'speoial attention .in the ; way. r o,£ sorting before-being: dispatched to consumers. The ruling rate has in consequence been advanced to £8 per ton. About the end of the month the first of the season's shipments from Melbourne is expected. Australian onions are cheaper than .is usual at -this time of the year, and are being quoted to. arrive at 10s 6d per owt ex wharf. There is no change in price of oats. Canterbury and Blenheim chaff is still being quoted at £lO 10s per ton ex store. Wheat is still in regular supply, selling at 7s lOd per bushel. Maize is still selling at .6s 9d to 6s lid per bushel ex store. There is no change to report in. pollard or bran. Wholesale current prices are:—Pollard £9 10s per ton, bran £8 per ton (mill prices), Australian and South Island pollard £lO 10s per ton, bran £8 15s to £9 (merchants' prices); oats, feed B Gortons 4s lOd per bushel, A Cartons 6s, clipped Duns 6s 9d, clipped Algerians 9s 6d, clipped Gartons 6s s d, fowl wheat 7s lOd per bußhel; maize, New -Zealand os9d to' 6s lid. ex store, barley feed 5s Od per bushel, seed cape barley 6s 6d per bushel, maize meal 14s to 14s 6d per 1001b, barley meal 18s per 1001b, chaff g.b.o.s. £lO 10s per ton, Blenheim or Canterbury; Tasmanian £9 10s, potatoes £7 ex store, onions £8 ex store in hessian bags, £lO in sacks.

SYDNEY WOOL SALES. MARKET CONTINUES FIRM. (trjrrrsD press association—bt blscteic TELEGRAPH—COPYRIGHT.) (Reieivcd June 17th, 0.15 p.m.) SYDNEY, June 17. At the wool sales the offerings totalled 10,108 balos, of which 9586 were sold,, also 517 privately. The market was very firm with strong competition " chiefly from the Continent, Japan, and Bradford. Crossbred* were irregular. Greasy merino fleece brought up to 26Jd. WINNIPEG WHEAT PRICES. (UKITBD PBESS . ASSOCIATION —BY BLBCTEIC TELEGBAPH —COPYBIGHT.) OTTAWA, June 16. Dollar, wheat ruled in a panic on the Winnipeg futures market to-day. Losses from 4| to 4i were recorded. July wheat-closed at 992, October at 103$, and December at 104 J. ENGLISH WHEAT QUOTATIONS. (Received June 17th, 7 p.m.) LONDON, June 16. Wheat cargoes are quiet, and 3d to- 6d lower on account of American week-end weakness. Parcels met with a better enquiry at prices ranging frpm 9d to Is easier. Futures were quoted-as under:— - London —July 355, September 35s 8d per quarter. Liverpool—July 7s 6d, October 7s 7d, December 7s 7|d per cental. . • :* COAL OIL, LTD. (PBZSS . ASSOCIATION TELEGaAXI.) . • - NEW PLYMOUTH, June 17. Goal Oil (New Zealand), Ltd u reports for the-week endod June 14th; —Drilled to 852 ft . bwd .eandstoijo