CANTERBURY MARKETS.

Evening Post, Volume CV, Issue 5, 7 January 1928, Page 16

CANTERBURY MARKETS.

CHRISTCHURCH, Cth January. After being closed down for about ten days in consequence of Christmas and New Year holidays, merchants opened again on Wednesday, but practically no business is being done, as the holiday feeling is still prevalent, and many people have not yet settled down. It ift expected that very few transactions will take place for another ten to fourteen days. Some speculative business has been done in partridge peas No. 1 for March-April delivery, on a basis of 6s lOd per bushel, f.o.b. 8.1., and 6s 9d for AprilMay delivery, these figures indicating a weakening on pre-holiday quotations. Fowl wheat has been sold for forward delivery at 5s lOd f.o.b. 5.1., and milling wheat at 5s 8d to 5s 9d on trucks at country stations, but in each instance the business done is on a small scale. A grade Gartons have changed hands at 3s s^d f.o.b. 5.1., and B's at 3s 2d to 3s 3d. Seeds are quite dead, with the exception of cocksfoot, in respect of which there has been some inquiry, only a few changing hands, 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 reports to hand indicate that crops should bo fair.