COMMERCIAL NEWS

Ashburton Guardian, Volume 53, Issue 255, 9 August 1933, Page 7

COMMERCIAL NEWS

GRAIN AND PRODUCE. CHRISTGHURCH MARKETS. (Special to the “ Guardian;”) CHRISTGHURCH, This Day. There has been very little activity in the grain and produce markets since last week-end, the holiday period having affected business. Potatoes are still weak, the demand from tiie North Island having remained very limited. Persistent rumours that a further shipment to South America has been arranged are in circulation, but so far nothing has occurred to substantiate them. In the meantime the market is extremely dull. Interest in onions seems now 'to have lapsed for the time being. The following are prices quoted to be ijaid to farmers, on trucks at country stations, sacks included, unless otherwise mentioned:— Wheat (initial payment) —Tuscan 3s B±d, Hunters 3s 10 tel, Pearl 4s 0-jd f.0.b., for July. Fowl Wheat—2s lid to 3s Id for prompt, on trucks. Ryegrass—Perennial Is 8d to 2s; Italian, Is 6d to 2s; Western Wolths, Is 6d- to Is lOd. Cocksfoot—Akaroa 3*d to 4d, Plains 2sd to 3d. Clovers—White 8d to lOd, cowgrass 7d to Bd. Oats—ls 3d to Is lOd. Partridge Peas—3s 3d to 4sBarley—For feed, Is 6d to Is lGd. Potatoes—Whites, .prompt £4, forward £4 ss, Dakotas £4 10s. Onions—£3. Chaff—£2. Bran—Shipping £4, local £4. Flour—£l3 12s a ton local, £l2 17s a ton for shipment to the North Island, with the usual increments for smaller packings. AUCKLAND MARKETS. AUCKLAND, August 8. . The potato ■ market has definitely slipped since tho last report, and values are at the lowest level that has ruled for some time. Spot stocks are plentiful, and merchants are quoting from £6 to £6 os, ex wharf, and £6 10s through store. Onions are still coming up from the south, but the quality is indifferent and merchants prefer to pay Is a hundredweight more for local-grown in good condition. Consumption is fairly good. The fowl wheat market is steady at 4s lid to 5s a bushel. The market for oats and chaff is exceedingly quiet. Quotations for oats are unaltered, but, for chaff merchants have lowered their price 10s a ton to £6 ss. , Maize prices are unchanged, and merchants are content to buy from hand to mouth. Ex store quotations rule from 4s 3d to 4s 6d a bushel. Prices for bran and pollard are unchanged. Australian pollard sells freely, and there is a fair demand for bran.