CANTERBURY MARKETS.

Press, Volume LXI, Issue 18569, 19 December 1925, Page 14

CANTERBURY MARKETS.

(BT OTO COJOOEKCTAI. EHTOB.) Friday Evening. The market is dull to the point of deadnesa, and there is little chance ot a revival until after the holidays. There is a little interest in forward oats, which are quoted at 4a 6d for AprilSeptember A's, and 4s 2di to 4s 4d for B's. However, the business is negligPotatoes are discussed with a shade of business accruing at £6 for April delivery, f.0.b., s.i., and £5 10s for April-June. lliere is no other class of produce in regard to which prices or the demand have altered since last report.. The Wheat Argument. Farmers, the trade, and even the man on the street, are interested wheat discussion. Even the most superficial observer realises the necessity of keeping the industry alive, but there is a great difference of opinion as to how this object can be achieved. The general belief is that no Government will consent to control over such a lengthy period as three years, and that the low prices asked for this year's crop will establish a very dangerous precedent from the viewpoint of the grower. Subsequent rises, regardless of the world parity, may prove more -.lifficult to secure than at present appears, and that therefore, nothing will be secured from the present year's sacrifice. However, the question has been so fully discussed in the general columns of the paper that no object is to be achieved by further elaboration here. The following are nominal quotations, free of commission on trucks, sacks extra, except where otherwise stated: Wheat—Tuscan 6s Bd, Hunters 6s lOd, Pearl 7s f.0.b., sacks extra; fowl wheat 7s 3d. Oats—Garton A's to 4s, B's 8e 7d to 3s 9d; Algerians 3s 6d; Duns 4s 3d for best, 3s lOd for inferior. Chaff—Good bright, £4; secondary, £3 10s. White clover— 12d a lb. Cowgrass—9d to IOJd. Italian Ryegrass—3s 6d to 3s 9d. Perennial Ryegrass—4s 3d to 4s 6d for good. Cocksfoot—To 7d. Potatoes (nominal) —£5 10s. Partridge Peas—6s '3d for export quality. Flour—£lß a ton f.o.b. nearest port; smaller packing, 1001b £l9; 50's, £l9 12s 6d; 25'5,, £2O. Pollard—£9 f.o.b. nearest port, 10s extra for smaller packing. Bran —£8 per ton f.o.b. nearest port, 10s extra for smaller packing. POULTRY AND EGGS. This week, on account of th© approach of Christmas, the market was well supplied with poultry. There was an oversupply of hens, and they were lower in price than they have heen for four or five months. Following aie prices oer pair:— Table chickens (light) 4s to 10a Gd, ta/ble chickens (heavy) 9s to 16s 6d, hens (light) 3s' Gd to sa, hens (heavy) 7s to 9a 6d, ducks 7a to 9s 6d, ducklings 10s to 14s 6d, geeßO 8s to 93, goslings 14s to 19a, and turkeys 16a to 60s. The demand for eggs was again keen, and prices remained firm at late rates. The Canterbury Co-operative Poultry Producers, I/td., quote the following prices per dozen: First grade hen eggs la lOd, second grade hen eggs 1b 9d, and duck eggs fls lOd. ASHBURTON MARKET. The leather conditions of the last two days have fbeen very favourable to all classes of growth. Odd transactions still continue in wheat, the buyers requiring it being still prepared to pay on the basis of 7s to 7s Id per traehel on trucks for milling quality. The price of fowl wheat, based on shipping values to th© North Island, is about 6s 6d on trucks. Good seconds are worth 6s to 6s Si. Offing to the North Island having imported practically all their requiTementa from Australia, these prices represent about the value to compete with the landed cost of the imported product. The market for good oats, although nominally firm, is quiet, owing to December being the last month for forward contracts. Thd nominal prices may be quoted as follows: Milling Garton to 4b, A's 8s lOd, B's 5s 6d to 8a 7d, undergrades down to 3s; Algerian seed samples 3s 3d, good average quality 3s, light and inferior down to 2s 6d. good, dark, heavy Duna 3a 7d to 3s Bd, other grades down to 3s. All the above prices are at per 'bushel on trucks, country stations. The demand for cfiafr is still good, but the> buyers ar© now not prepared to advance on the present values, which ha/vo increased during the past fortnight £o the extent of 103 per ton. The values are: £i 153 to £5 for good, bright oatshoai, £i 10s to ££ 12a 6d for good quality. There is still practically no sale for inferior. Ryegrass may bo quoted nominally at round about recent vafiies, which are 3s to 3s 3d per bushel for. the best quality Italian and Western Wolths, 4s to 4s 3d for heavy, clean lines of Perennial, with average samples worth 8s 6d to 33 9d.

The market for cocksioot is inclined to ho quieter on the week, although -values remain • the same. Good farmers' undressed linos are valued at 6£d to 7d, extra good samples 7sd. The price for No. 1 Partridge peas is 5s 9d to. 6s, while broken and feed lines are worth 4s 6d to 4s 9d. Linseed (nominal), £l6 10s.

There is still a limited market for small quantities of potatoes, the value being £& per ton on trucks for sound lots.

DUNEDIN. (SPECIAL TO "THI JEMS.") DUNEDIN. December 18. Very little business is passing in the oat market. A Grade Gar-tons are quoted at 3b 9d, and B Grade Gartens 3s 6d per Inißhel on trucks. J ■Wheat—The demand is quiet, and prices remain unchanged. Good whole fowlwheat is realising up to 7s 3d per bushel ex truck. Enquiry for old potatoes is practically finished; £5 to £6 is the nominal value. "Very little prime quality chaff is coming forward, and tha demand for thia fprade is good. Medium and inferior quality, of ■which there ia a fair quantity in store, is very slow of sale. Prime oaten shear is quoted at £5 15s to £6, and inferior and medium £3 10s to £A 10s-per ton, sacks extra. FEILDING STOCK SALE. (nua absociattoh txlxosax.) FEUiDING, December 18. At the Feilding stock sale there was a good yarding of fat sheep, and a fair one of stores. Thero was a good attendance of buyers, and competition was keen throughout. Sheep, if anything, were a little better in prices than those ruling lately. Fats— Lamls realised 22s to 275, wethers 26s to 30s Id. b.f. two-toothß 23s Id to 24b Id, ewes 21s 3d to 23s 6d, two-tooth s.m. 23s Id to 26s 2d, four-tooth maiden ewes 255. Stores —Two-tooth owes realised 23s to 25s 4d, small 21a 4d, two-tooth m.s. 23s to 23s Bd, forward ewos 16s 9d to 23s 6d, twotooth wethers 20s 5d to 23s 7d, four and six-tooth ewes 22s 6d, four-tooth wethers 24s 9<L

The yarding of cattle consisted mainly of fat cattle and store bullocks. Fat rattle gold on a par with lato sales. Store cattle were not competed for. Good fat Hereford heifera realised £6, good fat heifers £6 17s 7d, prime fat heifera £B, two-y6ar Hereford (Steers £6 10a, five and six-year bullocks £7 ss, four and flve-year forward condition Hereford bullocks £9 s*. METALS. (Eeoarred December 18th, 10.50 p.m.) LCVroON, December 17. Copper—Spot £59 13a 9d; forward £6O 16s 3d per ton. Lead—Spot £3i 12e 6d; forward £3i 7s 6d per ton. Spelter—£3B 7s 6d; forward £37 5s per ton. Tin—Spot £2BO 17"! 6d; forward £276 17s 6d per ton. Silver : —Standard 81 11-16 d; fine 34 3-0.6 d per OS. TALLOW. Messrs A- H. TsrobaH and Co. have received the following cabled advice from JOondcn:—-At tallow auctions 1200 casks wore offered, of which 150 wore sold. Hat*