POTATO MARKET STEADY

Sun (Auckland), Volume II, Issue 394, 30 June 1928, Page 12

POTATO MARKET STEADY

POSITION IN CANTERBURY OATS GOING OVERSEAS Press Association. CHRISTCHURCH. Friday. The rise in the potato market has ceased, and values remain at recent reported levels. Some sales of July deliveries have been made at £6 5s f.0.b., s.i., but sellars generally a. re asking £6 7s 6d. August-September deliveries are quoted at £6 12s 6d. Values on trucks remain at £5 a ton. The Katoa, which sailed for Auckland in the mid-week, took 4,950 sacks, in addition to 2,700 from Timaru. The Waitomo is to leave on July 4. There is little business as far as the export of oats to Britain is concerned, but there has been a minor development in other respects. A sale of B Gartons was made to Australia to-day on a basis of 3s 9d f.0.m., s.i., the first sale of white oats this season to the Commonwealth. There has also been a slight revival of export to Australia in Algerians, which will be shipped by the Waikouaiti in a few days. The Australian business in Algerians has been done on a basis of 3s 7d a bushel, f.0.b., s.i., or 2s lOd on trucks for good heavy sample. Wheat remains unchanged. There is so much wheat of a secondary milling standard that most of the purchases are' of this class at 5s 3d to 5s 6d on trucks. Good milling is unchanged at 5s Bd. White clover, dressed, is quoted at 140 s to 150 s a cwt, or 12d to 13d a lb, on tucks. Cowgrass is difficult of sale. Dressed is quoted at up to 112 s a cwt, or to BJd a lb on trucks. Cocksfoot is quoted at 13d a lb, for standard seed, or Sd on trucks. Perennial ryegrass is worth 5s 6d to 5s 9d a bushel, f.0.b., s.i., or 4s on trucks, and Italian to 4s 6d, or 3s on trucks. Fescue is worth 101 d. Stocks in the South are being rapidly absorbed for export to America. Onions are showing a further weakness. prices easing to £9 a ton.