TIMARU.
Our Timaru correspondent writes: — Tho wheat market ia \o»y q.uci, out some sales have boon made during the week at 4s per bushel for milling linos or Tuscan, lied Chaff, and \ elvet. Owing to the importation of Australian flour, millers say that stocks are accumulating locally, and that they are therefore indifferent about buying wheat in the meantime.
The oats market is lifeless. Merchants are prepared to five 2s 3d to 2s 4d, but sellers are asking 2s 4d to 2s sd, prices which are quite impossible in view of the fact that oats are belling at 2s 2d at the Bluff.
It is predicted here, however, that the prices of both wheat and oats will go up again before the spring, as the supply of wheat from Australia is likely to soon cease, and the oats supply in the Dominion is not large. A Timaru farmer recently procured a big consignment of seed oats from Gore., on which ho paid 3d per bushel freight, and it is understood that he got them for less money than ho would have had to pay for seed in Timaru. Potatoes are dull of salo at £3 15s to £-i per ton. Buyers complain that there is a lot of waste in the tubers now, almost every line being faulty, thus occasioning loss either to the seller or the buyer, according to the terms of sale.
Flour is down to £10 10s per ton. bran is quoted at £6 ss, and pollard at £7 per ton.
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Bibliographic details
Press, Volume LXIV, Issue 13159, 4 July 1908, Page 11
Word Count
254TIMARU. Press, Volume LXIV, Issue 13159, 4 July 1908, Page 11
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