TIMARU GRAIN MARKET.

Ashburton Guardian, Volume XXXVI, Issue 8396, 11 March 1916, Page 7

TIMARU GRAIN MARKET.

TDIiBU, March ]0

The values recorded in the report on the grain market in Timaru on Saturday last were not obtainable that day, buyers having taken fright at the reported drop in values in North Canterbury. Since last reporting, however, a few sales have been made at 4s to 4s 3d delivered Timaru, for Tuscan, while the prices, offered for Velvet and Red Chaff were so far below late rates that practically no business was done last Saturday in these varieties.. In the early part of the week, however, values recovered somewhat, and the: market yesterday stood at 4s 4jd for Tuscan, 4s 7d for Hunters, and 4s lOd for Velvet, delivered at Timaru. Velvet is scarce, and a straight line would probably coiiimand 4s lid to 5s delivered. Comparatively little wheat was offered during the week, but it is anticipated that a fair quantity will be forthcoming to-day. QaK — Reports from Southland, which is now the dominating centre of the oat market, indicate that threepart? of the crop is now in stook or in stack, and that the quality is practically assured.' , One 'broker advises that, a 50-busTiel average is expected, and that the great bulk of the crop will be of A grade. Nominally, values to-day aiv 2«"0d for A grade Gartons. and 2s 9d for Duns, at country stations. A fiirtlior fall in the near future is pro-die-tod. There is no outlet for oats, except Uiat provided by the Government's demand for horse-feed. Very little oatsheaf chaff is offering, and it is slow of sale. • It is quoted toj day at C 4 on trucks at country sta--1 ion*. There N a fairly good demand for oat, and wheat straw chaff, which_ is being sent to Oa-maru in good-sized ' parcels on freo railage. Good malting barley is quoted nominally at 5s delivered. Potatoes are now beginning to be delivered, and to compete with the tailend of the early crops in the North Island. > Those coming on to the market ,iust now are being sold at_ £4 15s to £5 per ton, on trucks, bags in.