POTATO MARKET QUIET

Sun (Auckland), Volume II, Issue 499, 31 October 1928, Page 14

POTATO MARKET QUIET

POSITION IN CANTERBURY Press Association CHRISTCHURCH, Tuesday. There is little change in the markets and as stocks in merchants’ hands are not large little is being done in pushing business. Potatoes, after their sensational advance, are now steady at £ll a ton, f.0.b., s.i. Growers have been meeting the northern demand to some extent by picking over the larger seed, but this class of supply has ceased. A few lines of tables are coming forward, but purchasers at the high prices asked are buying only small lots. The Auckland inquiry has ceased, but there is fair demand from outside centres in the North. The main topic of discussion is the change that good rain, has made in the crop prospects Under the influence of a prolonged spell of dry weather the wheat market hardened, but the nyvement has eased. Oats are firm at 4s Id, f.0.b.. s.i.. for A Cartons and 3s 6d for B’s, respectively. 3s 6d and 2s lOd to 2s lid on trucks. Offerings of Danish cocksfoot at a low price have been made, but the compulsory staining of this seed affected the demand. Small stocks of Akaroa seen in the hands of merchants are firmly held on a basis up to Is lid a lb. Cowgrass can be imported at 9d a lb, and this has reduced the value of the Canterbury product to 6d to farmers. Stocks of white clover are not large and values on trucks range from lOd to 12d a lb. Cheap seed is offering from England from 112 s to 120 s a cwt. This seed must be stained on arrival.