ASHBURTON.

Press, Volume LXIV, Issue 13105, 2 May 1908, Page 10

ASHBURTON.

The following ii the market report for the week ended May Ist:— Wheat.—Recent cableadvice,.. vfjxMn the London market .^^t^* ! thai 'a p-paientJytlie-'worst -is-"'-now over and >that" there tur% brighter prospects s for the market to come, amd already Is a quarter advance bos taken place. This has been.quickfly -reflected on .the local market, whichr&t the time of ihe-re-ccapt of; tbe cable ; awvra was in' a niot?t depressed-staeto". ''Millere andbtiyers. were; holding: off and!'oampiainißg bitterly of Australian flour being placed in New Zealand- ports. ..'With bettor prospects of the English market tinsy anticipate,. "that Australia will j check supplies and that the local mills j -vrill be. kept more constantly ; at work j with! a better 'demand, for their proI duce. Local prices haro ■ already <advanced from/nominally bushel Ito 4s 4d to 4s ,'4id'f<w extra prime quality, and with -very email quantity on offer, thero is no doubt that every rise in the English market wil .be quickly reflected here. . Prices are:— 'lnscan ands pearl 4e 4d ■to 4s 4Jd; Hunters 4s 3d to 4s 4df; whole fowl ■ tv-heat 4e Id ! to 4s 2dt (in good demand). ';. f\ .•. . . :..•■• " Oats.—Oirteide orders coatimie to be snpplied by Southland at a cheaper rate than Canterbury feirmers ■ aoKf merchants are prepared to quote. , At the same time, prices in the Southern dietriot are hardening; end in oonsequenoe more enquiry has been received locally. Very few *oate - are can offer ■ andi fepod quality Gartone- are how eeling freely, for local use, to-day's yahies being:—Miffing 2a 4d, to 2s 4id, good short feed and Duns 2s 3d to 2s 4d; Danish 2s 2d to 2a 3d. . Oatsheaf Chaff.—There is a better inquiry; prime quality is now eatoable. al £3 17s 6d. but farmers are still firm and holding out'for ,£4 on trucks, which price itlseems will very soon be touched, but there is some, dfcmbt, as to whether there will be KufiScJeTOt demand from outside districts for the quantity -that is being held locally by famvers. This wifl depend very greatly on tlie coming whiter, but shouW "wo experienoo a mild winter similar to last season-there is no doubt there wiM be a l-ar|so quantity for export from, this district, and without the demand! irom Otago there vri& be some dliffici>lty m obtaining prices looked for by the faarmerß. ' ,