OAT MARKET FIRMER

Sun (Auckland), Volume II, Issue 338, 25 April 1928, Page 12

OAT MARKET FIRMER

POSITION IN CANTERBURY Press Association. CHRISTCHURCH, Wednesday. Oats are very much firmer. A grade Gartons sold on Tuesday at 3s lOd f.0.b., s.i, an advance of one penny since last week-end. Holders now ask 3s lid, but there have been no sales at this figure. The advance comes about through further inquiries from London, offers having been increased, with the result that a fairly considerable quantity has been sold for May shipment. There is inquiry for B grade, but there is no advance in price. The margin on Tuesday was too great, being 5d a bushel. Wheat is in the same position as at last week-end, but greater quantities are offering by growers. Sales have been made at 5s 7d, on trucks, milling Tuscan, and 6s Hunters. Partridge peas show no change. Oyer sellers are finding difficulty in covering requirements owing to a higher percentage than usual being rejected. Seeds show little change, and practically no business is passing. Red clover has begun to offer from growers, but most samples show a large percentage of brown seeds. Merchants offer 8d to 9d a lb., but growers are disinclined to accept these values. White clover is offering more freely, but the quality is indifferent, up , to 9d being paid for best

lots. Italian ryegrass seems firmer. Very little is offering from growers and merchants have advanced the price 3d to 3s 9d a bushel, f.o.b. Very few potatoes are offering from farmers. The quotation for prompt is £3 10s. BUTTER AND CHEESE Under date April 20 the London Office of the New Zealand Dairy Produce Board cabled the following market report, last week’s prices being given in parenthesis - Butter New Zealand, salted, 1665, 16Ss, up to 170 s (166 s to 1725); unsalted, 168 s, 1745, up to 176 s (168 s to 170 s). Deliveries. New Zealand, this week, 1,200 tons; in store, 5,700 tons. Australian, finest unsalted, 156 s to 160 s (156 s to 160 s). Argentine, finest, unsalted. 154 s to 158 s to 160 s (156 s to 160 s). Improved demand in market. Irich creamery, salted, 168 s (170 s); unsalted. 170 s (1745). Danish, 178 s to 180 s; spot, 173 s to 1745, f.o.b. (180 s to lS2s and 172 s to 1735). Dutch creamery, unsalted, 16Ss to 172 s (178 s to 180 s). Estonian, salted, 168 s (170 s); unsalted, 170 s (1725). Latvian, salted, 166 s (170 s); unsalted, 16Ss (1725). Siberian: Good demand; 154 s to 156 s (156 s to 15Ss).

Retail prices: New Zealand, Is 8d: Danish, Is 9d and Is lOd. Cheese New Zealand, white and coloured, 96s to 98s (96s to 9Ss). Canadian, finest white, 108 sto 112 s (108 s to 112 s); coloured, 104 s to 106 s (104 s to 106 s). Australian, 94s to 955; exceptional, 96s (94s to 955). Market steady, Retail prices unchanged. North American Prices The board has also received the following advice from its agents in Canada: Butter: New York, 46 cents (Is lid)' Montreal, 37? cents (Is G 7-Sd); San Francisco, extras, 40 cents. Vancouver: Market firm. New Zealand, finest, 3 S’, cents: firsts, 38 cents; seconds, 37 cents. LONDON FRUIT MARKET * The London agent of the New Zealand Fruit-Export Control Board nas cabled as follows: Huntingdon and Arawa cargoes have been discharged in good condition. Prices are:—Cox’s Orange, 16s to 18s, with a few making 20s; Dunns, Wolseleys, Alfristons, 10s to 13s; Cleos, 14s to 15s. The market is depressed and large quantities of Australian apples are selling at 8s to 10s a case. Prices for pears are: Comice, 5s to Ss a tray; Packhams, 3s 3d to 3s 6d a tray; Diel Bose and Louis Bon, 4s to ss.