CANTERBURY MARKETS.
. CHRISTCHUECH, 36th August. I 10-day was observed more or less as a holiday, by the grain and produce trade, only, a few offices being open for business. The sensitive condition of the potato market was the cause of the operators keeping on. decile. There has been an easing tendency since the mid-week report, but this afternoon-there were indications that this tendency had been arrested. On Tuesday. August tubers were quoted at £9 to £9 2s-6d,.and Septembers at up to £9"10.5. These, came back'to £8 17s Gd and £9 respectively, but this afternoon it took a shade more than this to buy either delivery. Although supplies are fairly plentiful in the north, there has been quite an amount of inquiry for future shipments. The definite refusal of the Commonwealth authorities to lift the embargo and the ■publication of the statistical returns depressed the market early in the week, but the uncertainty in the matter ot a sufficiency of supplies and the absence of forward contracts have kept northern inquiry active. The Waipiata is now loading in the south,and is understood to be picking up tubers from Bluff and Dunedin in addition to Timaru for Lyttelton. The probabilities are that she, will take a goodsized ' cargo from hero. Farmers are now more inclined to come on the ' market. •National week is generally a quiet time, but it frequently marks the turning point in! the trend or the market. Values on trucks .during the last few days have ruled at, from £7 10s to £7 15s a ton.
. The firming recorded in the oats market during the mid-week has been maintained, although there is not a great amount of business doing. Values for A Qartons range at up to 3s B%d a bushel, at which figure some business has been done. Offers from growers are still in small compass. The prospects of an Australian outlet has not improved during the week. ' Wheat now in stock is practically all in the hands of the pool, which is making sales: at 6s-4d f.o.b'.s.i. for Tuscan. Bowl wheat is firm at 5s lOd to 5s 10% da 1 bushel f.O.b. f
■There has been practically no business in the seed market during the week.
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Evening Post, Volume CVIII, Issue 42, 17 August 1929, Page 12
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370CANTERBURY MARKETS. Evening Post, Volume CVIII, Issue 42, 17 August 1929, Page 12
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