GRAIN AND PRODUCE MARKETS

Press, Volume LXXXIV, Issue 25549, 17 July 1948, Page 9

GRAIN AND PRODUCE MARKETS

(By Our Commercial Editor.) With no business passing in potatoes, the grain and produce markets in North Canterbury are abnormally quiet. Prices, however, remain very firm for all seeds, and no signs of weakness are detected. A few inquiries continue to be received from overseas, but buyers are working within very restricted price limits, which precludes the possibility of sales. From inquiries being made of merchants it would appear that, subject to favourable weather conditions in the spring, peas will again be a popular crop with many farmers. Prices offering for peas grown on contract have appreciated someQuotations are as under: — Wheat.—Tuscan varieties, 8s a bushel fob growers’ nearest port. Premiums, 2d a bushel for Hunters, 4d for Pearl and Velvet and 6d for Marquis. Holding increments: Id a bushel a month for April, May. June, and July; thence id a month for August and September, making a total increment for the season of od a bushel. (From all these prices jd a bushel is deducted as growers’ contribution to the insurance fund against frost, flood, and hail.) , , Onions.—£l7 a ton on trucks, bags Suttons, King Edwards, and Dakotas, £lO IQs a ton for f.a.q., s,e.; others, £lO. ~ t a Oats.—A grade Gartons, fixed price, 4s 8d (on trucks); an increment of Id a bushel a month will be paid, starting on June 1, and will continue in July, August, and September, making the total 5s a bushel (on trucks); Algerians, 6s 3d to 6s 9d- Duns, up to 6s 6d to 8s (depending on quality): black, 6s 3d to 6s 9d (all on trucks, sacks extra). Montgomery Red Clover.—2s 7d per lb uncertified; 2s lOd standard, 3s mother Red Clover.—2s 6di per lb. machine, dressed, 98/90. White Clover.—2s 9d per lb, uncertified, 3s per lb certified p.p.; 3s 6d mother seed. Chaff.—£7 a ton on trucks, country stations, sacks extra. Lupins.—Bs a bushel, on trucks (sacks eX ßar ley .—Main malting varieties, 6s 3d a bushel; research and cape. 6s (on trucks, sacks extra). Browntop.—2s 6d per lb certified and 2s 3d uncertified machine-drecsed seed. Cocksfoot —Bd to Is for best quality. Partridge Peas.—l3s a bushel (No. 1), 12s 6d for f.a.q.; Prussian Blue, 14s 6d. Ryegrass.—Certified perennial, 98/90. mother 15s a bushel, certified p.D. 13s 6d; H.l, certified 98/90, mother 14s, standard 12s 6d; Italian, 98/90 (all prices nominal). mother Bs, standard and uncertified Lin seed.—£32 a ton (on trucks, 1948 contracts).

DUNEDIN (P.A.) DUNEDIN, July 16. Because of the fine weather recently, farmers should be well ahead with their work and it is possible that spring sowings will bring the total area under cereal crops to more than was sown down in either of the last two years. The market for small seeds was quiet this week, but this is not unusual at this time of year. Values for white clover, cowgrass, and Montgomery red clover are unaltered. Cocksfoot, is still being inquired for, but very few lines are on offer. There is no alteration to record in the values of chewings fescue, crested dogstail, and browntop. COMPANIES REGISTERED Registration of the following companies appears in the current issue of the Mercantile Gazette”: — Island Candy Fruit Company, Ltd. Private company, July 1. Christchurch. Capital: £3OOO in £1 shares. Subscribers: Christchurch: H. E. Shiel 2800. R. E. Shiel 200. Objects: manufacturers of and dealers in candied, dried, and tinned fruits and incidental. , Tai Tapu Garage. Ltd. Private company. July 2. 162 Manchester street. Capital: £l5OO in £1 shares. Subscribers: Tai Tapu: J. Houlden.l499, E. M. Houlden 1. Objects: garage and petrol service station and incidental. , x Hodder Concrete Company, Ltd. Private company. July 2. Timaru. Capital: £750 in £1 shares. Subscribers: Timaru, G. H. Andrews, N. A. L. Leech, H. L. Hodder, E M. Andrews, N. Leech, and M. L. Hodder, 125 shares each. Objects: manufacturers of and dealers in concrete products and incidental. Increase of Capital Todd’s Drapery, Ltd.. Ashburton. Capital increased to £12,000 by creation of 12.000 shares of 10s each, July 1. N.Z. Coffee and Spice Company, Ltd., Christchurch. Capital increased to £25,000 by creation pf 10,000 ordinary shares of £1 each, July 1. ... Park Terrace Flats, Ltd.. Christchurch. Capital increased to £lO,OOO by creation of 5000 ordinary shares of £1 each, July 1. LONDON MINING QUOTATIONS (N.Z. Press Association—Copyright) LONDON, July 15. London mining quotations are as under: (Broken Hill North, 78s 7£d; Broken Hill i South, 40s 9d; Zinc Corporation, £6 18s 9d: New Broken Hill, 42s lid.