CANTERBURY MARKETS.
(By Telegraph.—Press Association.) CHRISTCHUKCH, 27th January. The main topic of discussion in trade circles is the cyclonic storm that has prevailed since Wednesday night. A little business lias been done in wheat? but it has been confined to the old season's crop. The fine weather prevailing up till Wednesday prompted some holders to come on the market in case further delay would mean having to compete with the new crop, which the burst of fine weather was speedily ripening. However, there are few buyers,-most of the millers being supplied for some time ahead, but some purchases have been made at 5s 7d to 5s 8d on trucks.
Business in oats is very small, and 3s (3d f.0.b., s.i., is being paid for A Gartons and Ss 3d for B's. Algerians are not inquired for. A sample has been offered merchants, who are nominally quoting 2s Cd to 2s 9d a bushel on trucks.
Chaff lias been the medium of some forward business, £5 10s a ton f.0.b., s,i., being paid for April, May, and June de-. livery. A few samples of perennial ryegrass have been offered during the week. Quotations are from 3s 3d (for indifferent weight) to 3s 9d (tor the best). Only one line of Italian ryegrass has so far been offered. The nominal quotation is 3s on trucks. No samples of cocksfoot arc yet forward. The expectations are that values will open at from 7d to 8d a lb on trucks. Partridge peas, which showed a shade of hardening in the mid-week, are slower, and a sale was made at £6 a bushel, f.0.b., s.i. The potato market is unchanged. Business was done to-day at £5 a ton, f.0.b., j.i., but the on-truck price, which had eased below £4 during the week, is now back at that figure. As far as growers are concerned, crops above ground are looking exceptionally well, but investigation of the roots in many cases have not confirmed the outward prospects. There is quite a body of opinion to the effect that notwithstanding the promise of the lighter land crops those on heavy land will be disappointing. Onions have not been affected by the weather burst. They are reported to be .good in thiy-MatTsblandsMistijcts,
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Bibliographic details
Evening Post, Volume CVII, Issue 22, 28 January 1929, Page 12
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373CANTERBURY MARKETS. Evening Post, Volume CVII, Issue 22, 28 January 1929, Page 12
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