CANTERBURY MARKETS.

Otago Witness, Issue 2892, 11 August 1909, Page 23

CANTERBURY MARKETS.

CHRISTCHURCH GRAIN AND PRO DUCE REPORT. (Lyttelton Times, August 7.) - There has been little alteration in th« wheat market sinco last report, but the undercurrent of firmness, to which reference has been made on several previous occasions, still continue*, and the market closes very firm at the quotations, given below. The quantity on offer, as has been the case during the last few we«ke, continues very restricted, holders still showing euffici-ant confidence in the future of the market to refuse offers unless higher prices than thoeo ruling are conceded. The majority of thelote offered have been of small dimension?. One of the most importan 1 * sales made during the la6t few days was that of a lino of 1000 bu&hels o£ Tuscan «.t 4a 4d at a. 2£d station. I Although a few more parcels of oats hava been offered, the prices asked' by holders i have in nearly every cas9 been so much above the parity of current values as to 1 make business out of the question. The demand, for oate foi Home and foreign countries has easad considerably during the last few weeks, but coastal orders have somewhat improved, and a good trade in small

2ines is being done. A fail amount has been placed on offer, but the business has been only normal. In consequence of the hardness of the market the price of oatmeal has bean advanced to £10 10s per ton. Potatoes and chaff remain unchanged, the latter being dull of sale, the extremely mild weather experienced during the last few months being no doubt largely responsible for the state of the market. The demand for grass seed still continues, mnd numerous orders are being received for •h© approaching spring sowing. The beat samples of farmers' lines of ryegrass realise prices ranging from Is 9d to 2s, according to quality, but the quantity now ij> first hands is email. A good business continues to be done in cocksfoot, and a considerable quantity has changed hands during the last month During the week as high as 5d per lb was paid for a parcel of 100 sacks o! 15ilb seed at Little River. This, however, was a parcel of exceptional quality and colour, and .possibly another of the same merit could not be obtained in Canterbury. During the week a fair quantity of 6eed has been purchased from growers, the prices ranging from 4d to 42a. a few inferior lines making irom 3jd to 3Jd. The following quotations are for purchases from farmers, net cash, sacks extra, except where otherwise- specified : — Wheat — Tuscan and pearl 4s 3d to 4s s£d, Hunters 4s 2d to 4s 4£d, at country stations. Chickwheat 3s 6d to 3s 7d. Oats. — Dun 6ls 6H. Danish le sd. Gartona A grade Is 7d U Is Bd, sparrowbilb 16 7d, Canadians Is Bd, Algerians Is 7d to Is 9d'. Chaff.— Oatshcaf £1 17s 6d to £2, at country stations. Peas.— Blue Prussians 3s 7d to 3s Bd, partridge 3s 7d to 3.s Bd. Ij&ans— 2s lOd to 3s. Potatoes— £2l 15s tc £2 7« 6d. Onions — £3 £s. Oatmeal— £lo lfe. '■ Flour. — The New Zealand Flourmillers' Co-opsratiye Association, Limited, quotes the following prices per ton, local or shipping:—Sacks £10 10s. 1001b bags £11, 501b bags £11 ss, 251b bays £11 10s. Bra«, f.o.b. £3 15s ; pollard £4 10s. Seeds^— Ryegrass le 6d to 2s. Coclcefoot 4id to 43d 1 . White clover (farmers* samples) 6id to 7d; cowgraes 6d to 6£d. Dairy Produce.— Cheese, dairy, large sd, loaf 6d : faotory, large s£d to s|d. Butter, fresh, local factory prints Is Id, w<:ond grade factory lljd, farm dairy 9d. Hams Bd. sides 7jd, rolls BJd, shouider rolls and middles (equal quantities) B£d. shoulder rolls only 7id, middles 9d. Lard, pats 3d, bulk 7Jd. bladders Bd. Fresh eggs Ss Id per dozen. EANGIORA. The bv«iness of the week has been greatly i Restricted through a variety of ciroum- ' tetaJncee. Tlk- wheat market renjaina inactive, sellers asking up to 4s 6d, which 18 out of the reach of Home shippers, and Inillere are not inclined to operate. Oats 6re weaker owing to the decline in the Home markets. Buyers have sufficient for present engagements. Only good heaw, bright lots will bring recent values. Potatoes : (Prices are weaker owing to the continued glut in the North Island. Advices to hand point to the fact that stocks are heavy Everywhere, and it will be some time before

any change for the better can eventuate. Table Up-to-Dates are worth 50s, Derwents 52s 6d. seed Up-to-Date3 555, and Early Rose 70s. ASHBURTON. There is little change to report in the wheat market. A limited number of soles has been made, in most cases to merchants who are filling- orders for Hom-s shipment. Supplies are somewhat difficult to obtain in quantity, and where immediate delivery ex store has been required buyers have, of necessity, paid increased rate 6. Values are : Tuscan 4s 4d to 4s sd, pearl 4s 4d to 4s 4£d, Hunters 4s 3£d. Owing to the weakening of the English market, together with the fact that tho fine winter has enabled farmers to thresh oats they expected to use for «heep feed, local values have been reduced, and although there are. still buyers for good shipping grades, a drop of at least Id per bushel haa to be accepted in order to produce business. Quotations are: — A grade Gartons Is Bd, B grade Gartons Is 7d, duns Is 7d, Danish Is 6d