TIMARU MARKETS.
(SrECIAL TO "TIUS TRESS.") TIMARU, February 19. Millers are no.t quito so keen to buy wheat now as they were ten days ago, having filled their immediate requirements, but at least gorno speculators arq more eager than before A speculating merchant asked a South Canterbury farmer to place all his wheat under written offer to him at 7a 6d per bushel. The farmer declined. JSo such price has been given, tho highest recorded up to yesterday being fe lljd for a primo lino delivered atTimaru. It is predicted that an tho season advances and more wheat conies on to tho market, prices will ease back a little, especially in view of tho im- : portation by tho Government of wheat from Canada. One or two buying orders for outsido districts wero placed hero, but thoso havo now been filled. It has been said before that tho wheat never came to hand in better order than it is doing this year. This week there- hae been one or two exceptions to this rule, growers who were overanxious, having rnshed thoir wheat on to tho market iii a rather "green" state. There can bo only ono result to this, and that is loss to the grower himself. For good milling linos of Velvet. Rod Cl>aff. and Tuscan, Cis 7d, j Gs Sd, and Gβ 9d aro beinjsr paid, while, for extra good parcels. 6s lOd i s obtainable at country etafions.
There is a strong demand for oats, and .a very short supply, wffcft tlio result that prices have already run to 3s Sd and 3s 9d for good brierhfc Cartons, One lino was sold at 2s Sid, delivered at Timaru.
_ Merchants are showing no keen desire to do business in potatoes, and aro only offering £4 5s per ton, f.o.b. There is a feeling, however, that prices will improve laf-ef. Tl'co is nofc so great a demand from the North Island us formerly, owing to the fact that North Islanders prow a great many more themselves .than they used to.
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Bibliographic details
Press, Volume LI, Issue 15208, 20 February 1915, Page 4
Word Count
340TIMARU MARKETS. Press, Volume LI, Issue 15208, 20 February 1915, Page 4
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