GRAIN AND PRODUCE MARKET.

Dominion, Volume 4, Issue 1046, 8 February 1911, Page 7

GRAIN AND PRODUCE MARKET.

{By Telegraph—Press Association.! Chrlslchurcb, February 7. There is now an easier tone in the local vhent market. Millers having replenished their stocks are now beginning to hold off tho market, and merchants* who have been supplying their Xorth Island clients have reduced their limit to 3s. Id. at country stations, as Timaru merchants arc quoting a penny per bushel below Christchurch prices. The weaker to no in tho li.jndon and Australian markets is also affecting local business, as it is realised that when millers arc fully stocked up tho only market for any surplus there may be this year will b« tho United Kingdom, from which market prices will bo ruled. Some good sales were made on Saturday, but sincc then thero has been very little doing in wheat, and pales arc now moro difficult to cffect even at prices on a lower basi*.

Oats arc still a scarce commodity on tho market, and samples for sale are seldom seen. The market for barley is weaker, and as the maltsters arc now not operating it is difficult to ascertain what arc the values. At present, inferior barley Is practically unsaleable. There is a strong demand for partridge peas for this month's shipment, andsale3 aro readily made at 3s. 7d. to 3s. 9d., and even higher offers arc said to have been .made. „ ■ '' , There i.« not much business being doiie in town in cocksfoot, most of tho; sales that have taken place on the Peninsula being to . speculators. and outside, buyers. Rales aro reported to have been mado up to 7d. for 131b. and 141b.. seed. . , A few small shipments of catty, varieties of potatoes are being made "to'jthc West Coast, and £3 10s. at country-stations is being paid. •