PRODUCE MARKETS

Dominion, Volume 21, Issue 84, 7 January 1928, Page 12

PRODUCE MARKETS

CANTERBURY REPORT BY Teleghaph.—Phess association. Christchurch, January 6. After being closed down for about ten days in consequence of Christmas and New Yea holidays merchants opened again on Wednesday, iiut practically :.o business is being done, as file holiday feeling is still prevalent, and many people have not yet settled down. It is expected that ”ery few transactions will take place fo: another ten to fourteen days. Some speculative business Jias been done in partridge peas No. 1 for MarchApril delivery, on a basis of 6s. lOd per bushel, f.o.b. 5.1.. and 6s. 9d. for AprilMay delivery, these figures indicating a weakening on pre-holiday quotations. Fowl wheat has been sold for forward delivery at ss. lOd. f.o.b. 8.1. and miL ing wheat :»t ss. Bd. ro ss. 9d. on trucks at country stations, but in each instance the business done is on a small jnale. A grade Gartons have changed hamU at 3s. sid. f.o.b. 5.1.. and B’s at 3s. 2d. to os. Seds are Quite dead, with tho exception of cocksfoot, in respect of which there has been some inquiry, only a, few changing handG, however. Most holders are asking Is. for standard dressed seed The backwardness of the season has had an adverse effect on onions which will be later than usual in coming forward. It. is too early yet to state anything regarding potatoes, but report* to hand indicate that crops should be fair. ——- i COMMERCIAL ITEMS EXCHANGE RATES. A.l’.A. and "Sun.” London, January 5. Foreien rates of exchange on January 5 as compared with par rates or as averaged first half of 1914, are as follow-.- Jan.s. Jan.2. Par.

WHEAT AND OTHER PRODUCE. A.P.A. and "Sun.” London, January 5. Wheat cargoes are steadily held, and inquiry >3 slow. Parcels are steady at Els 6<l. Liverpool futures: March. 10». 43d' ner cental; May to July, 10s. 38d. The spot trade is quiet. Prices are rather firmer. Australian, ex store, 535. Flour ! s slow; Australian, ex store, 38s. Oats are firm. Australian and Algerian, tn 29s • A Gartons, 355. to 36b. Peas are’'slow. Blue tn • New Zealand, 3605. to ados. Maples-’Tasmanian. 90s. to 955.; New Zealand, 82s. 6d. to 85a. New Zealand beans 445. to 45s_ Sugar, granulated, 30s. 4»d. per cwt. Melbourne, January 6. e wt Chisago, January 5. dollar 26i| cents. PRICES OF METALS. (Keo-p^f^«-B^ ct " lytie ' £66 10s. £B2 M d ’ Lead, i n both positions. Beßtni-d. 283 d. per ounce. PRICE OF GOLD. London, Januar y 5 The price of gold is £4 4s- ’ p ounce. . p AND O. STOCK. London, January 5. p. and O. shares _are quoted at £24£7688. SALE OF SEASIDE SECTIONS In our auction coluimm of to-day Will be found PU r y=ulars Qi bmitted at Plimmerton, wind to uuction by Mess eL Saturd ay, “k 1 at ma“be a obta l ined 1 7r 1 om y tho' auctioneers.

Brussels, belgas to £1 34.92 34.90 25 Paris, francs to £1 124.02 124.02 25.221 Stockholm, knr, to £1 18.11 18.10 18.12 Oslo, knr. to £1 ... 18.34 18.34 18.12 Copenhagen, knr. to £1 18.20 18.21 18.12 Berlin, reichsmark 20.45 20.46 — Borne, lire to £1 ••• 92.34 92.37 — Calcutta, ? pence to rupee’ 18ft 181 24 Yokohama, pence to yen 231-16 23 24 Hong-Kong, pence to yen 243 241 24 Montreal, dollars to jp.l 4.833 4.89 4.866 New York, dollars to £1 4.87 13-16 4.881 4.866 Amsterdam, florins 12.091 12.08 12.107 Batavia, florins to £1 12.07J 12.06S 12.107 Prague, knr. to £1 1643 1643 12.107