CANTERBURY MARKETS.

Press, Volume LXVI, Issue 20101, 3 December 1930, Page 12

CANTERBURY MARKETS.

SMALL SEEDS PROSPECTS.

(BI OVR COMjIERCIAI, EDIT OB.) Tuesday evening. Little interest is being taken in the potato market for next year, and forward business is restricted. There is definite offer by sellers to-day of £4 2s 6d a ton, f.0.b., s.i., for April-May delivery, and supplies for April-May-June delivery are quoted at 2s 6d a ton above this figure. No sales are reported, however. There is still a demand for odd lots of old potatoes —a few tons in each case. The price for these ranges from 303 to 35s a ton on trucks to growers. Indications at present point to the fact that the crop next season will bo a big one, provided that the season is a reasonably favourable one. The recent rains have resulted in good conditions for growth of tlie new crops, and statistics have indicated an increased acreage. In regard to the oats market there is little to report, except that the sellers' quotations for forward business are 3s f.0.b., s.i., for A's, and 2s lid f.0.b., s.i., for B's. It is a lifeless market at present.

Small Seeds. The small seeds market is lifeless. The nominal quotation for cocksfoot is Is for machine-dressed s«»d. Tfhere is considerable speculation its to the extent of the crop for the coming season, as it is considered in some quarters that as a result of the backwardness of the spring season this y? al j there will be more paddocks required for grazing purposes. It is reported that the cocksfoot on the Plains is looking very well at present, and there is an increased acreage each year. There is a small carry-over in merchants' hands. The cowgrass section is dead, with overseas prices at a low level. At any rate it is now too late in the year to expect any movement in the export market. It is interesting to note that there is a fairly good carry-over of brown top seed, but tho duty of 40 cents per pound imposed in America on imported seeds seems to have settled tho matter of export. It will lie of interest to see if America will be a buyer next season with the duty. Meanwhile there is no business passChewing's fescue has heen absolutely cleared of all good quality seed. , After some small demand from the United Kingdom and Europe for crested dogstail, choice quality, the market is quiet again, and. tno pneo has eased back to 7iid per pound, f.o.b. At one stage of the season the cxnort value was as hich as 9d per pound. There is still a fair carry-over of tho seed.

' Quotations. The following are quotations for produce to be paid to farmers, on trucks, free of commission, sacks extra except where otherwise stated:— Wheat —Tuscan Hunters fe 2d. Fowl Wheat—Cs 2d f.0.b., s.e. Oats—A Gartons, local 4s. B's Sslld, for prompt; Southern 3s od for B a to 3s 7d for A's, f.0.b., s.i. Chaff—£4 10s to £4 15s a ton. Barley—Cape 3s 6d, malting 4a to 4s 3d. Potatoes—£l 10s tr> £1 15s a ton. Red Clover—4d per lb. White Clover—Bd to lOd per lb. Perennial Ryegrass—4s 6d to ss. Italian Ryegrass—4s to 4s 3d. Cocksfoot—7d to 8d for farmers' dressed lines of Akaroa seed; Plains, 6.1 to 7d. Peas—No. I's, 4s 9d to ss; f.a.q.'s, 4s 2d to 4s 6d. Bran—Local, £6 s ton, f.0.b.; shipping, £5 a ton, f.0.b.; 10s extra for smaller packings. Pollard—Local, £6 5s a ton, f.0.b.; shipping £4 15s a ton, f.0.b.; 10s extra for smaller packings. Flour—Wholesale prio© £l6 15« a ton for 2001b sacks, with the usual increments tor smaller packings.

AUCKLAND. [THE PBESS Special Service.3 AUCKLAND, December $. The arrival of the Kurow to-morrow from Melbourne "will be welcomed by loeal merchants as the vessel will bring a fair quantity of Victorian Globe onions. These will arrive on a bare market as the only supplier available at the moment are small quantities of California!!, for which holders have been charging up to 27s per case. Australians are being quoted to arrive at 30s to lis per cwt ex wharf. Californian have eased accordingly, and are now available at 24s to 25s per bag or case.

New potatoes at Pukekohe showed signs of easing at last week-end, but receipt of very heavy orflers from southern centres steadied the market and the previous week's rates were fully maintained. The oats market In quiet. Local, rates are unchanged at 4s 7d per bushel for B*s, but there may bft a reduction shortly as the market In the south is weak. Clipped A's sre now selling at 5s 3d. Chaff prices are the came. Tasmanian is rather short, but supplies will be replenished from the Kurow, which is bringing abont 800 tons.

Wheat is still selling at 8s per bnshel ex store. The demand is fairly good. The enquiry for maize is scaTrely so keen as it was, and with plenty offering the market has eased. The local price has dropped 3d per bushel to 5s 9d. Wholesale current prices are:—-Pollard £6 10s per ton, bran £7 per ton, oats, feed B Gartons 4s 7d per bushel, A' Gartons 4s 9d, clipped Duns 6s 9d, clipped Algerians 6s Bd, clipped Gartons 5s 3d, fowl wheat Ss per bushel; maize, local 5s Od per bushel ex-store; barley feed 5s per bushel, seed Cape barley 6s 6d per bushel, maize meal lis 6d per 1001b, barley moal lis per 1001b, chaff, g.b.o.s £lO per ton, Blenheim or Canterbury, Tasmanian £9 in hessian ba-cs, £9 10s in New Zealand sacks; potatoes 9s 6d per cwt ex store, 8s 6d on trucks Pukekohe; onions, Californian 24s to 25s per bag or case, Victorian 10s to lis per cwt.

HIGH COMMISSIONER'S REPORT. The Department of Agriculture has received the following cablogram, dated r •>- vember 29th, from the High Commissioner for New Zealand, London:—TALLOW. No auction will be held until December 10th. Spot market quiet and steady, and more interest shown for shipment. Quotations unchanged. EGGS. Stocks heavy and demand quiet for all descriptions at lower prices. Present quotations are:—English national mark 17s to 28s, English ordinary pack 21s to 255, Danish 20s to 225, South African llg 9d to 15s 6d, Australian 12s 6d to 15s. HEMP. Manila market quiet but steady. "K" grade January-March shipment sold at £22 15s. Sisal African steady. Business has been done m first grade, fair average quality, January-March shipment, at £2 10s. Mexican nominally unchanged. New Zealand—Small business has beon done m fair grade, November shipment, at £23 os, and in common grade November-De-cember shipment at £2l 10s. WOOL. Sales continue with increased competition. Opening rates fully maintained. STOCKS OP RUBBER. (united tress ASSOCIATION—bt electric TELEGRAPH—COPYRIGHT.) T, , . . . LONDON, Donember 1Rubber clonks are: London 76,670 tons; Liverpool, 89,338 tons. ' p. and o. company. Thf> r a-nrf n r LONDON, December i. £Kfifi~n~ t> °" Cora P"»y's credit balance i." £566,000. Reserve for the redemption of debenture .stock takes £90,000; provident £50,000; carried forward