PRODUCE MARKET QUIET

Sun (Auckland), Volume II, Issue 400, 14 July 1928, Page 12

PRODUCE MARKET QUIET

POSITION IN CANTERBURY Press Association. CHRISTCHURCH, Friday. The week has been an exceptionally quiet one, all classes of produce moving slowly, although in most of them the tone remains quite fir in. Potatoes have met with the first setback for some time. This month’s shipments North have been extraordinarily heavy, and a natural slackening of the market has resulted from £6 ss, for Julys, a fortnight ago, to £5 17s 6d. AugustSeptembers have also eased from £6 12s 6d to £6 ss. At the moment the market is inclined to be- uneasy. This has been brought about very largely by over sellers and a good deal of speculation. The Waipiata during the week took 3,556 sacks for Auckland and 1,403 for Napier, in addition to 400 from Timaru. The next week’s boats from Lyttelton are the Kurow and the Katoa, but they are not expected to take many. At the'moment sellers are not available under £5 17s 6d for Julys and £6 5s for August-Sep-tembers. Prices to farmers are up to £4 15s, on trucks. The wheat market is fairly firm for first grade milling, but operations are largely confined to second grade milling. Oats are lifeless, and f.0.b., s.i., prices remain at 4s a bushel for A grade Gartons and 3s Sd to 3s Sid for B’s. Chaff has rarely met at this period of the winter with so little inquiry. It is difficult to sell and quotations to farmers are £3 12s 6d to £3 15s a ton on trucks. Both perennial and Italian ryegrass are quite firm and remain at 5s 9d and 4s respectively, f.0.b., sacks extra. Cocksfoot maintains the sound position rewcrthd 13d r to e ?l id re r r ib S ' Standard bei "S CONSOLS AND COLONIAL STOCKS (United P.A.—By Telegraph — Copyright) (Australian P.A.—United Service)

LONDON, Thursday. Brit S °Wa* *T " k' - 55 U Ts *0 Brit. War Ln.. o p. c . 101 10 0 101 10 0 Con. Loan, 35 p.c. 78 2 6 78 5 6 Com. Aus, 55 p.c. 1922-27 98 5 0 99 0 0 Com. Aus., 6 p.c. 1931-41 103 * 5 0 103 3 9 >- T .Z„ 4 p.c., 1929 .. 99 12 6 99 10 0 N.Z., SJ p.c., 1940 . . 87 5 0 87 7 6 N.Z., 3 p.c., 1945 .. 79 10 0 79 15 0 N.Z., 6 p.c., 1936-51 106 10 0 106 12 6