CANTERBURY MARKETS.

Press, Volume LXVI, Issue 19975, 9 July 1930, Page 14

CANTERBURY MARKETS.

CLEARING POTATO SUPPLIES. (BY 00* COMMXBCIAI, KDITOB.) Tuesday Evening. The oats market is quiet, and values are a little easier than last week. The quotation for A Gartons from the south is 3s 9Jd to 3s lOd f.0.b., s.i., for prompt delivery, and for July-August-September they are offering at 3s lOjd to 3s lid, without sales being effected. B's are worth 3s 8d f.0.b., s.i., for prompt delivery, and 3s 9d fo.b., s.i., for spread delivery, with the market quiet.

There is a very unusual scarcity of Algerians this season, and at present they are practically unprocurable. Local merchants are negotiating with Australia to secure seed to cover their requirements. Business is being attempted in this regard on the basis of 5s 8d to 5s 9d c.i.f., duty paid. The chaff market is steadier than for some time, and to-day sales have been made at £6 17s 6d to £7 a ton f.0.b., s.i., for prompt delivery, which is equivalent to £5 7s 6d to £5 10s a ton on trucks. Chaff for later delivery is not offering in any great quantity, and there is little enquiry for it. Potatoes. The potato market is quiet, and there Is not a great doal of business passing. Growers are still inclined to hold their supplies, and there is in consequence not a great quantity offering. The price to growers remains at £4 a ton on trucks. As far as Auckland is concerned there is some hope of the stocks there being allowed a chance to clear. The Wingatui sailed to-day with a much smaller quantity than was at first anticipated. Her cargo includes 2828 sacks from Timaru and 1996 sacks from Lyttelton, and the latter figure includes 400 to 500 sacks of seed. The Katoa is due to sail from Lyttelton to-morrow, but it is not expected that she will carry a large quantity of potatoes. In addition the boat for the Pacific Islands 1 is to leave Auckland on Saturday, and is expected to lift 1000 to 2000 sacks. For the Wingatui the price paid was 95s f.0.b., s.i. The quantities in store at Lyttelton are being reduced. The forward position is easier, and to-day's quotations are £5 a ton f.0.b., s.i., for July's, and £sl2s6d f.0.b., s.i., for August-September's. It is expected that there will be more life in the market as the month advances.

Onions. The onion market is in the doldrums at present, with the end of the season at hand, and few orders are coming to hand from any quarter. The nominal price to growers is £2 10s to £3 a ton on trucks. Advice from Wellington is to the effect that consignments of onions from Melbourne were landed by the Maheno on July 4th. Although they constituted a comparatively small quantity, the lateness of the season lias made consumption slow, and merchants have been selling at cost, and even below that figure. Wheat. Offerings have slackened off, as nearly all the wheat has been threshed and delivered. A few offerings of stack supplies, mostly small lots, still come to hand, and aro realising 5s lid a bushel on trucks. Fowl wheat remains firm at es f.0.b., s.«>., with the demand good. Quotations. The following are quotations for produce, to be paid to farmers, on trucks, free of commission, sacks extra except where otherwise stated:— Wheat—6s 8d to 5s 9d Tuscan; 5s Bd to lOd Hunters iss lid to to Pearl, on trucks, sacks extra. Seconds 4s oa to 4s 9d. " Fowl Wheat—6s f.0.b., s.e. Oats—A Gartons 3s lOd to 3s IOJd for prompts, 3s lid to 4s for spread; B's 3s, 3s 9d, to 3s 9Jd# all f.0.b., s.i. Chaff—£s 7s 6d to £5 10s for prompt, to £5 15s for spread. • Barloy—Cape 3s 6d, malting 4a to 4s 3d Linseed —£15 ss. Potatoes —£4. Red Clover—4d to 5d per lb. White Clover—7d to 9d. Perennial Ryegrass—4s to 4s M. Italian Ryegrass and Western Wolths—4a to 4s 8d , . Cocksfoot —7d to 8d for fanners dressed lines of Akaroa seed. Plains fid to 7d. * , p ena —No. l a 4s 9d to ss; f.a.q. s i.-i 2d to 4s 4d. Onions —£2 10s to £3. Brrn Loral £8 8 ton, f.0.b.; shipping, £7 10s a ton, f.0.b.; 10s extra for smaller packings. Pollard - Local. £8 lte .a. ton. f.o.b ; shipping, £7 10s a ton, f.0.b., 10s extra for smaller packings. _ Flour—Wholesale price, £lB 15s a ton for 2001b Backs, with the usual increments for smaller packings.

AUCKLAND. [THE PRESS special Service.] AUCKLAND, Jjily 8. There have been no important changes Jn the local grain and produce markets since '"poUtoeV'are .till selling at &1 perton ex »>. D rf and 6s more ex store. Business is over-brisk, as there are fairly heavy sTocks in the City, including a good proporti°Falrlyt heavy 1 came forward from Canterbury Isßt woek^® nd . v " f ®J We eased in consequence. The first of the Australian new season have also come t0 There' is no change in the vseat market at 7s lOd per bushel ex store. State that it shows only a of profit, however. It is a cut lme, and its consumption is being seriously cwtaiied by the lower prices at which maiia |nd other irrain c&n 1)0 obtftincdt , « « Oats are still selling at 4s lOd per bushel ex store Gartons, with a steadier tone ° n ßtocks m of'chaff are plentiful, with southern nnd Tasmanian varieties available. Australian seems to get the bulk of the business, as it is of excellent quality and sells at 10s to £1 per ton cheaper, according to the manner in which it. 1b packed. Wholesale current prices are:—Pollard £9 10s per ton, bran £8 per ton (mill prices), Australian and South Island pollard £lO 10s ner ton? bran £8 15s to £9 (merchants' price** oats, feed B Gartons 4s lOd per bushel, A Gartons 6s. clipped Duns 6s 9d, clipped Algerians 6s 6d. clipped Gartons 5s ad- fowl wheat 7r lOd per bushel; maize, Smith African 6s 6d per bushel ex store; barley feed 5S 9d per bushel, seed Cape barley* 6s 6d per bushel: maise meal, 14s tn 14s 6d Tier 1001b: barley meal, 18s per 1001b; chaff, g.b.o.s. £lO 10s per ton, Blenlinim or Canterbury, Tasmanian £9 10s, in hessian bags, £lO in New Zealand sacks; notatoes £7 5s ex store; onions, Canterbury 8s per c'wt ex store, Australian 10s to 10s 6d. boring for oil. (VBZSS ABSOCUTIOH TBLEOBAM.) NEW PLYMOUTH. July 8. Coal Oil (New Zealand), Ltd.. report for the week ended July sth as follows:—Drilled to "1522 feet In mudstone, interbedded with sandstone bands. Blenheim Oil reports for the week endad to 2010 feet. Formation claystone with hard bands. Cased to 1984 feet with five-inch casing. (PBISB ASSOCIATION TELEORAJI.I GISBOBNE, July 8. The following report was issued by the Taranak! (N.Z.) Oil Fields, Ltd., for the week ended July sth: Waitangi No. 1 Well—Removal of equipment from Gisborne No. 2 site and road construction to new Bite proceeding after some delay caused by weather conditions. Additional equipment has been ordered.