CANTERBURY MARKETS

Auckland Star, Volume LXIII, Issue 138, 13 June 1932, Page 4

CANTERBURY MARKETS

SHARP RISE IN ONIONS. CHRISTCHURCH, Friday. The potato market has further improved since the mid-week, the advance being equivalent to 10/ a ton since Tuesday. This evening there was a steadying tendency, the northern inquiry easing. Prompt deliveries have been sold at £G 5/, and occasionally £6 7/6, a ton, f.0.b., sacks included, the former price being the quotation this evening. June deliveries have sold at £6 10/ and July deliveries at £7 5/, though at the moment potatoes for July are at £7, with a slackness in buying. July-September deliveries firmed only slightly to £7 10/. The price to farmers this evening is £5 5/ on trucks at medium station. The Waimarino, which left early in the week, took 2000 sacks from Timaru and Lyttelton. The Wingatni is due to sail next Thursday, but present appearances point to her cargo being small. There has been a remarkable leap in the price of onions. The price has been advancing almost at the rate of £1 a day this week, and sales have taken place at £19 a ton, f.0.b., sacks included, with reported sales at £20. The few lucky growers holding onions have received £17 and £18 a ton.

Milling wheat is very scarce, and the expected admission of a limited quantity of Australian milling in view of a probable shortage is now viewed with disfavour. So far this has not had any effect on the price of fowl feed. Oats arc cheaper in the South, being quoted nt 3/7 a bushel for .V Gartons. All other sections of the trade are quiet.