CANTERBURY MARKETS.

Press, Volume LXVI, Issue 20089, 19 November 1930, Page 12

CANTERBURY MARKETS.

NO VOLUME OF BUSINESS j PASSING. , . ! | o'er. coKiisaciAL, editoe.; I Tuesday Evening, j The Canterbury grain and produce market is passing through the off-sea-son, and at present there is a very smal,' amount of business. Even the holiday has not allowed orders to mate r iali"se. There is 110 inclination in the North to do any forward busmen. The attitude of the local merchants, also, is a waiting one. There arc no alterations m the prieos quoted prior to the holiday. Chief interest attaches to the latest statistics in regard to the areas which have been sewn for next season. Those were outlined in the last report of the markei. Quotations. The following are quotations for produce to be paid to farmers, •on trucks, free of commission, sacks extra except [ where otherwise stated:— i Wheat—Tuscan 6s, Hunters 6s 2<3. ! Fowl Wheat —Cs 2d f.0.b., s.e. 1 Oats —A Cartons,- local 4s, B's 3s 11g, for prompt; Southern 3a 5a for B's to S.'i 7d for A's, f.0.b., s.i. Chaff—£-4 10s to £4 15s a ton. Barley—Cape 3s 6d, malting -Is to 4s Sd. Potatoes —£1 10s to £2 a. to". Red Clover —id per lb. White Clover—Sd to lOd per lb._ Perennial Byegrass —Is Cd to ss. Italian Ryegrass —»s to 4s 3d. Cocksfoot —7 d to Sd for farmers' dressed lines of Akaroa seed; Plains, 6d to 7d. Peas —No. 1 's, 4s 9d to os; 4s 2d to 4s 6d. Bran-—Local, £6 a ton, shipping, £5 a ton, f.0.b.; 10» jvtra i'or smaller packings. Pollard —Local, £6. 5s a ton. f.0.b.; shipping £4 los a ton, f.0.b.; 30s extra for smaller packings.

Flour—Wholesale price £ I<3 los (i ton. for 2001b Backs, with the usual increments for smaller packings. TINWALD STOCK SALE. A. marked decline vas shown in tile price of fat eheep at the Tinwald Btock Bale yesterday. Competition was confined chiefly to the local butchers, whoso requirements -u-ere already filled, with the result that bidding u-as lifeless, and prices for prime quality showed a decline of 2s Gd a head, while unfinished and lighter &ort:t revealed a drop in cases of up to 5s a head. Several pens were passed in. best price for ewes was 39s 7d. secured by Mr H. Oakley (Ei/felton) for a pen of 30 in the wool, whilo Messrs H. White (Eiffelton) and W. Henderson also obtained this figure for pans of seven and four respectively. The highest price for shorn ewes (17s Id) was realised for a pen of eijht sold on account of Mr K. J. Tarbotfon (Tir.wold). The best irrfhors bro'ixht vp to 25s 4d, tliie price being paid for a pon of spven sold on account of Mr H. White (Eiffeiton;. while Mr L. Hansen topped the market for nhorr wethers at 23s -id, for a line of nine. There wero only a few pens of fat lambs, the toy price (secured by Mr W. J. Stoddart. Eiffelton) beins 23s 4d. Following were the sales:— i'at Ewea (in the v/oo!) —Five at Us 4d, ? at 19s 4(1, 7 at 15s 4d, 5 at 12a lOd. 8' at 12s Id. 2 at 10« <Sd, 3 at 16a 7d. 9 at 33s Id, 5 at 16s 4d. 3 at 12s 7d. 7 at 17b 7d, •* at 19k 7d. 6 at ITs 4d. 6 at 15s 7d. " at IBs 4d, 6 at 13s Td, 8 at 17s 4d, 7 a: 16s 4d, 5 at 12s 4d. 3 <it 15s Id, 6 at 19k 7d, 5 at 15s Id. 5 at 15s 4d. S at 13s 7d. 4 at 12s 1 Od, 2 at 8s Sd. 5 at 14s 4d. 6" at 15s lOd. 4 at 12s 4d. 6 at 12* 7d, 7 at 1.5s 7d, 6 at 10s Id. 5 at 12s lOd. 5 at 15s 4d, 3 at 16s 4d, 6 at 17s Id. 2 et 18s Id, 10 at 17s Id. Shorn: Seven at 14s Id, 3 at lis Id, 8 at 12s, 7 at 10s 7d, 8 at 8b Id, 8 at 13s 4d, 5 at 10b lOd. 7 Ht I ISs 7d, 7 at 9s 70, 8 it IB* Id. 8 at 17* I Id, 7 at 16s 7d, 7- et 13s' 7tf. 8 at 13s 4d, I 7 af. 15s Id, 8 at 0s 4d. 0 at lis 7d. V at 18s 4d. 6 at 15s 4d. ! Fat Wethers—Six at 2fs 4d, 3at 2J« 1i t at 22s 1 Od, (shorn) 3 at 22a lOd. 2 at 21s Id, 3 at 16s lOd. 10 at 16s lOd. 3 at 22s 4d, 8 at 16s Id, 7 at 15s 6d. 2 at IBs Is. 9 (shorn) at 23s 4d. 10 (shorn) at 21s 4d, 7 at 25s 4d. 0 (shorn) at 20s 7d. 6 (shorn) at 19b lOd. Fat Lambs—Sir at 22s 10d, 3at 23s 4d 0 at 21s 4d. 6 at 15s 6d. 2 at ISs Id.. Stores-—-About 700 stores were yarded, but only six lines were sold. The soleß were jßijhty-threo crossbred wether hoirgets at 10s 9d, 88 failimr-mouth halfbred ewes and lambs at 7s 6d, 30 sir and eljrht-tooth halfbred ewes and 31 lambs at 10s Bd. 48 half and three-<juarterbred ewes and 40 lambs at 7s 10d, 136 crossbred ewe hog;ets et 20s 9d. 22 sound-month crossbred ewes and 23 lambs at 12s 2d. Cattle—Cow in profit £7 10a, do. £lO 10s, do. £7, do. £5, do. £8 10s. sprinffint: cow £i, Jersey heifer in profit £6, yearling bell £2 7s 6d. pedigree bull £lO. AUCKLAND. ETHZ ?CESS Special Service.^ Jfovember 18. What will probably bo the last southern potatoes of the season arrived by tho Wingatui to-«iay. It is a fair-sized cargo numbering rather less tnan 2000 sacks. In spite of the advent of new season's locals tnere is still a limited demand for old ones, and as stocics are short there should not be any serious ditoculty in Quitting the latest arrivaib. Wholesale quotations are about £6 per ton. i'ukekolies are now plentiful, and merchants are quoting 10s 6d per cwt ou trucks, or lis tid through city stores. Onions ore scarce at the moment, and pricos have advanced sharply in consequence. Two shipments which arrived from California last week proved unexpectedly small, not exceeding 500 bags and cases, and as the last Canadian shipment had already been distributed the quantity proved insufficient. There is likely to be a shortage for a few weeks, and merchants will be quite ready for the shipment of Victorians due here early In December. The advent of warmer weather lias further lessened the demand for oats and chaff. Prices are unchanged, with B Gartons quoted at 4s <d per bushel ex store. Both southern and Tasnißnian chaff arc in ftzsple supply at last week's rates. The slump in wheat has brought prices on the world's markets-down to an extent that is alarming from the producers' point of view. The -local quotation based on f.o.b. quotations is unaltered at 8s per bushel ex store. Business is restricted by the price which is well above the parity with maize. Tho latter is still quoted at 6s per bushel, and obtains a ready sale. Conditions regarding pollard and bran aro unaltered. Although both lines are quoted at low rates demand is only moderate. Wholesale current prices are:—Pollard £6 10s per ton, bran £7 per ton; oats, feed B Gartons 4s 7d per bushel, A Gartons 4b 3d, clipped Duns 6s 9d, clipped Algerians 6s 3d, clipped Gartons 5s sd; fowl wheat 8b per bushel; maize, local 6s per bushel ox store, barley feed 5s per bushel, seed Cape barley 6s 6d per bushel, maize meal 11b 6d per 1001b, barley meal lis per 1001b, chaff,

g.b.o.s £lO 5s per ton, Blenheim or Canterbury, Tasmanian £0 in bessian bags, £9 10s in New Zealand Racks; potatoes, southern £7 per ton, local lis 6d per cwt ex store, 10s 6d on trucks Pufcekohe; onions, Cnlifornian and Canadian, 22s 6d per ba'~, 23s per cose. INSURANCE BUSINESS. POSITION IN NEW SOUTH WALES. An interesting reference to the opera tiono of insurance companies in New South Wales ■was made by Mr Thomas Backland, who presided at the annual meeting of the United Insurance Co., Ltd. After pointing our that, comparing the figures for the year juat ended with those of the previous year, it could be seen that the company had fully maintained its position, Mr Buckland quoted the Government Statistician's report on the operations of all the fire, marine, and accident companies in New South Wales for tbo past year. In the fire section, from "which the company derives a considerable portion of its revenue, the total fire premiums of al? the companies were -£2.377,300, and Josses apd expenses were £2,351,858, leaving a Burplus of £25,442. This surplus ■was equal to 1.1 per cent, of the gross premiums, snd coald > not. said Mr Buckland, be considered a brilliant return for the hundred or more companies operating 1 . The directors of United Insurance, added Hr Buckland, had from time to time added to its reserves, and the company was well protected in this respect. A largo portion of the company's income consisted of the i-eturn. on tha investment of these reserves.