CANTERBURY MARKETS.

Press, Volume LXII, Issue 18722, 19 June 1926, Page 12

CANTERBURY MARKETS.

(S,r OUJI COMMWdM. IDITOX.) Friday Evening. The potato continues to claim all attention, in the local raarkot at present, other linos being soldoin spoken about. Last weok was characterised by great fluctuation in fckvß, and this week fluctuation has contlnuod, although not to the same extent. On Wednesday for instance potawes wore quotod at £6 f.ob. Lyttolt'm, when some good piivcols were sold. On Thursday business became quiet, but to-day furthor parcels woro sold a. £6 10s f.O.b. Lyttplton, and in somo eases as mucn tie £7 was aakod. Tho market continues to elwngo from hour to hour, and no doubt to-morrow the position will again b different. Sydney is still enquiring for potatoes, lut recent letters frun that centre would seem to strike a dotires* ng note, jet in tho face of this cables como to-hand indicating a different position. Last night tho Karetu sailed from Lyttelton with about .35,000 sacks on board, cargo having been shipped at Oamaru, Tiwaru, and Lyttolton, some 13,000 sacks loaving the last-named port. On tho various vessels whicl) have left the South Island for Sydney this season, it is estimated that about (54,000 sacks havo been shipped altogether. Tho opinion is expressed that it would have boon bettor for business had only half the quantity of potatoos shipped by the Karetu boon consigned, the balanco going by another vessel in a week's time, the reason being that the fact that 25,000 sacks arriving on tho market, is inclined to weaken it. On tho other hand it is statod that the quantity of potatoes that has so far boen shipped away is not so great sa it would appear when the sistO of the crop is taken into consider»fcien, Tho position at present is that a fight has developed between oversellers and over-buyers, and there is as much paper business being.done as was the case in 1923, the year of the floods, when practically everybody was speculating in potatoes. The price to farmers on truoks at country stations is £5 for June dolivery, and from 10s to lss wore for. July. Farmers are. inclined' to keep their stocks for the lattor delivery. Auckland is not wanting potatoes at present, apparently having sufficient en hand for immediate requirement*. It is expected that the Waihora which in to sail for Sydney about tho end of the present month, will not take more tnan half the quantity of potatoes that was shipped by the Karetu. "' with regard to wheat, millers' stocks are tunning down, although they still have enough op band to keep them going in the meantime. Farmers, however, are demanding higher prices than are likely to be paid while the millers are in th,«}r present frame of raißdi and consequently no business is being done," Partridge peas—The trade,on these is now practically finished, and tl»e bulk of the crop has been shipped away. ' Oats are weak. B grade Gartens are being freely offered from the south ai 3s, lid f.0.b., s.i., through stote. ' Quotations, . The following are nominal quotations, free of commission, on trucks at wayside stations, sacks extra, except where otherwise stated i— • , Wheat (new.soason}—Millers' offers, 6s Bd, 6s 10d, and 7s i.0.b., Sacks extra; fowl wheat 7s. ;'. •. Oats—flartons 8s 6d to Sd 9d for A'S, and : '3s U 'for B'B| •AlgOrio'iis, : Bs Dijj Duns, 4s to 4* Sd for good quality, Chaff-Good bright, &5 lOs' WM' ■l2s Bd.- ■■■.''."■' ■<■ •-'.-' ; ;--..-/ White Clover (new: season) .—Od to iod. ■;■ "■■■■■;■..' Barley—ss. • , „' . Cowgrass~6d to "t>&, Italian Ryegrass-rSs to ss. , Perennial Ryegrass—3s U. \ Cocksfoot (nominal)—Bd, to 6Jd. Partridge Peases. Onions— £9 log to & JO. ... . Potatoes-~6S for June doUvarj'j #5 IQs to &S ISH for JurieJuJy deliver*, ! Flour—* 18 a ton f.o.b. nearest port; smaller packing, IPOJb Aißi W'li 6,19 i?s vd,fs»e Ago. ;y Pollftrd**ift f.o.b. nearest port, 10* otHitbt smaller peeking. Bran—£B por ton f.o.b. nearest port, 10s extra for smaller packing. POULTRY AND EGGS. The market was wplt supplied poultry this week. The demand was good, and pHees hardened for dusk* and boiling fowls, Me fallowing ••?• Mless Per pMys-*»TSnl* «hlekMt'.UU») 0» «* » •» Wi «*»!» iMI to 68 Bd, heal (heavy) ,6s 04 to ft Od, dueis li to Be, »P", turkey hens lit to m, and" gobbler* 80s W 45R. The supply of eggt in. vtty, ItWittd,. ftttd is not equal to the Therefore high prices »M ruling for them. The CanterWf Go'o6BMUve;' Poultry tfroduoers, W4.»Quote the: following priest pit doteni—Firei grade hen, eggs Bj, second prsdt hen eggs Ss iOd, Snd duck «w» SB. v- \DtJNifiplN;MA|lKfetS. "'■ (sriciM, to tax mss.) puNflpij^-JtMie-ie.' Oats—Ths tnarkot otijj rem»in» quiit. A few samples are coming forward,, the majority of-which' Shew sirjw of and will not p*e» ae 4 dr B grade. Gride 6nU are being enquired for, but uttdergradeß are difficult to quit. Ths iinpottatfon of oats from avefseae is seriously, affecting the local: market; A 3s per bushel on trucl>«. there is not & great deal of milling wheat ojteriflg, but a few small lines are being of at ftom (A to K \Qi per ton, ex truck, sacks courjtry.'sUw#ns. Fowl wheftfer-This ip in plentiful eupply, the greater proportion, of the eoilthem wheat, coming forward being.out of condition. Mer- 1 chants are not showing much interest in this, at they are fairly big holders. Sales of good whole fowl wheat are being made at from 68 w 6s 5d per bushel on trucks c6untry stations! have «4*aneed in price. This hae been due to the Canterbury UW.fkit showing an edvance due to «nquirio* from Sydney. Ootd tables *?e realising JrO« £6 to £6 10s per ton, e* truck, eaeks in. . Chaff—The, supplies coming forward are ' not «ufflc)6nt to meet the demafld, with the.rteujt that prices remain ftrm. Local feeders «ro teadily buying good, bright. heavy oaten eheaf ohaff, ox truck, as it comes to hand. Prdctic&lly no shipping in this line has been done. Prime oatf« abenf £5 15a to £6, inferior and medium S3 to £4 10s per ton, sacks extra. FEILDING STOCK SALE. (rREBS ASSOCUTIOS fBLPOEAW.) FBlliplNO, June XB. At the Feiidiag sale to-day * »(S»» Wding of sheep-was offered to a siaeU attenaance of buyers. The sale of fat ebeep was ariythihg but spirited. The atore pee« Were filled with medium to inferior sheep; few peris were p»«eed. 'Lambs were in dertaofl, and sold Weil Up to late rates. Fat lamps 17s 6d to 286; ewee 18s, b.f. ewee 20s, medium 166 8d: wotbers 29s to 30a 4d, b.f. two-tooths 28s id. Stores wethers 188 to 24s 9d; wether lambs 18s 9d to 16s 4d; owe ittmbs 12s Sd to 14s 4d; b.f. lambs lis 4d to 18s 7d; fotir-tooth wethers 25b; m.s. lambs 12s 14 to 12s 6d. A smell entry of catt|e met with a fair demand, prices being about on the same level as at the last throe sales- Fat heifers realised XS 19s 6d: fat cows £4 2s Od to 15; small forward bullocks £6; three and'a halfyear P.A. erots bullocks £8 10«; Jersey heifers £6 10s. LAND SALE. The Sail* by auction of 456 acres of 'sheep Btaiiog country and dairying land, and a seven-roomed ovollinfc-hcusa and buildings, situated in the Atnuri district, nine miles from CtiWerden, was held yesterday afternoon in Dalgety's office. the property was purchased by the trustee ifi the estate Of W.-O. Rutherford, the pjfjefc being £3«vs/

BANK OP ENGIANDjJn2!|

(AnsTRAMia Aim * Tho following Me SfS&Ss' J returns for tho week eadii WajJatoSW* Issue * '4v h Note oircuUtion M < Koies in lesetva *' *• i* 1 !!™* - •• -jigs | Government debt , i*f? '■ Other securities - •» WJteU», Gold coin and bullion '*, jM« Banking Ihhh**^& Propneto.s' capital . o;^*' , 'i i .Best «.*, jW*ll; Public doi>oßits , ** .tlfflM Other dopositj "' " " .MU>i bc\ci day and other bills " ™W)I Tot-' "' Ki^W' (jo\crnmeiit srcunties ivr 'i. Cthcr socuntits #< i '** >^SHI Kotes in "* *" s^l Gold in roeepa „ *' '- Total . '■ Snort loans are quoted at 4 He three months bills »t 4, p« tfm. ~~~ *< If WHEAT. **H : "*"" v 'Ali NEW YOBK JaJir Chicago Wheat-July 1404 «S|?Eb ' Septomber 13oi, Deoenjber MT|. Wlf _. a '\\ fy i AUSTRALIAN MARK^,^ Wheat is Barley-English 4s to 4s 6d *> wk< Capo 3s Od to 4s l vll' Potatoes~£lo 10s to «i Jtn % tSJa,-^' Omons~£l9 10s to «S0 a, X FROZEN MEAT. *,lm\ Pslgetv aed Comp'any h»v* ;*»dr«i* following cabled advlea fwTt«?M office, dated June WthsFr6ien Irtmb-The markit is «1| l'ie demand runs prmeipalj* on MmißS buty light Tod, tbrth island WmM terbury heavy Old, North Uhtk MMm fox Australian, the tnerket it wyiflS and the demand poor. We quote Jy3&JB gM- crossbred light l# ,T«B Erosen Mutton~The r&arket. ia 4rfttfM» the demand hetter We quote bred njuttoo Cwtterbury lisfit iWSaM Island light m, qisUrbur? IMBH North Island heavy 4|d.» mutton the market is dull and mmiH moderate, W« e,wto g.0,0.. tswSmsßgm FVoseu Beef-The msiifSt is limited. Wo o,uots hinds it&, lores ajd. .^H The tf.Z. Loan and received the following e&ww '{twwipS their London oHlas, 4stM >Juw mSmM Tallow-We quote aid, W ilHll the following deeenptiAtS « ItW*M||| B mutton 45s per cwt, g«d mixed 44s 6d per cwt, Ou ri|MHi, 9 moie or letß nonlinsl. i. J„ J» *MMm B Palgety and following cabled oWce, dated June Wftir*-PJ®mt!;dH«W gutter—The market finest New Zealand tioDftl Naw Zealand kmkW&mEmlm tralias «)t*d' 174», uaSalwMnWß l?8e. Imports of butttf Kingdom list month towNllifltffiH compared with «o,oooewt peried Itst year. 'SPi^HI market i« stMftfi mm nriosi. , We quote New Z*VW§ |HS f(i, white, 86»i Osnwisa," emm mm 10<5s, new statcA's Ml. > t £%M FBEEZING Co^^^ffl| "' (pbjss ABBootf|fOl> iftHrtia^^fflK power of the keat ContfSi'lHßKßT veto the of any ireesinjg JSSfHJmman subject of soma remarks fay- % r <jsfH9fti the #ank pi Uv* 4ealond,.elJslliiM! meeting of the Sank not/; hi siid. "oueitioo Wjflß Pi ParliaaJODt !»,»a#si««*<w|MB nor th* g<*4,<#„.*! m&mßmm Uoard in Will !««». th* MStilt it if til ittH aepwrity, sad wM ra»*}o s* JHHB thing ]s doa* by faimm tyt&B&mm nrtSftnt aftOmslnuS poejii»f3.' evitable that certain w*W JwllfflM down sod tho whol* tMmimmmm the band* o( a few may he that tho iWJwWSmm refused Mmission tfi\m JWm&BMfc (ng * pJrtfon at less* of 4 *«*Ws£ wiling to »sy to." \>Jjflß RUKAL CBE»irf||i The OoysrnMsnts Empire are devising of dresting a better mm MMmffl farming eqmmunity- ». ffirSWS proposed that the Centre) Bank ebofiid divide «t« itymjSSfflm, turai loan districts or ymjj&MEmß thees areas would, he »»L , 'r>3sHffiraft' would in eourse of tips* wrf*»*£Wmw. in each of these attss «?;WGSIhB 8oel«t* will be er«\te4i that there ishould b» <ft*.FjßJßjßßj societies for each t prM»w jESBBBm see eties will be .branelni AVmfflmm Bank, but they will have MmmffiW as their directors. ™Jffl£ffl>raKS: conducted, under the np«WsgffltMgggmi Bash, which will bolU *>WffigMW appoint a fully W*J,''9Rkß capital of the lesn by means of public intended that no : sde>«r istenee . until its wb«ffiPiHftjg«Bßgj» reaehed'MOOO. Metaber* sJ%sßßttfim be practical farmers, w niemNrs tlk «O'0p»W«T« WWmMW mm number ef mewbir) they will be Jojatlr <4L£SHB loans made h the Meisty bers ewln»t their crCW The money reaujred-will »!£mwsss&m of the discounting «(. organisation which f» J J« kTmfflmW, be founded and flonttojled »T -^^^BJ 1 The 6 Canadian of InitlaUng a syit«s» M poses to create a of four members, one p Finance, and the other the Governor-lc-ooui" 11 ' r.fflißmwßum that ope of the isttsr by tho Oana4>>> n is proposed to pwfJJ V r t aljWß«Ji tance and purchase « stoclf, impieraente, »d security of first fdoftnnf«. £7Bmsw!m& confined to farmen, sw «?»JSjSliHwl dollars (£2000) in ! of the loan Is net ' be for more than ion Government I* tC PyBSJaJiBi , til for the Board to »» SoaPilralH 1 ceed 5,000,000 deists <'^ t wJtPyt|ißj»t 1,000,000 dollars i« W f be the foundation of a , tlon e as foHews:. OS W^W^^M I is to subscribe *or*o Wgf t&fM!ffims l ■ at Provincial Go«erUßaH»£j|ffi|n^R| the same percentage 01 Ka^BffiS|ffiM boundaries, and ** e *,A» ffiMfPS^^K pellsd to tske out »W* "5|M^K