CANTERBURY MARKETS

Evening Star, Issue 21718, 12 May 1934, Page 10

CANTERBURY MARKETS

The advance earlier in. the week in the potato market arid the continuance of rain, which interrupted digging, prompted the opinion that supplies in the North Island were becoming short., and that more prompt potatoes would be wanted. However, v there appears to he a larger stock of Pukekohe potatoes than was anticipated, and it only required the prospect of a' scarcity , to reveal them. At all events, the, demand from the north has not been maintained, and to-day prompt whites are worth from £4 to £4 2s 6d per ton, f.0.b., s.i., or £2 17s 6d to £3, on trucks. Digging will not be resumed on a general scale until the middle ot next week, as a good deal of the potato crop in North Canterbury received a thorough soaking. Farmers are .not crowding the market at present prices. Oats are meeting with very little inquiry, and the tendency is for values to case. A Cartons are-worth to 2s 6d, f.0.b., s.i.. and B Cartons to 2s 3d. Fowl wheat is quoted at 3s 3d, f.0.b., se. An easier tone is developing as the result of the improved wheat threshings. The May return rW sents an increase of from two to three bushels an acre on the early season forecasts, and in the aggregate, if the increase is maintained until the final threshings, a higher gross y ie «? about three-quarters of a million peas are unchanged at 4s 2d a bushel, f.0.b., s.i. _ . « There is no change in the small seeds market. DAIRY PRODUCE The National Mortgage arid -Agency Company Ltd. have receded the .following cable from London:— Butter, market firm. New Zealand—Finest, 745, 765; firsts, 745; unsalied, w6s, 7/s, Danish, 80s, 81s; f.0.b., 635. 645; Australian/725. Cheese market firm. New Zealand— Whitp, 445,. 44s 6d , opf mired 43s 6d. 445; Canadian—White and coloured.’ 525. 64s The. above prices, based, on the ■ amht- draft, pre miurn in oxchangeof. 24. P e f c n R ‘’ tt ‘ er equivalent to: New Zealand Butter, 8 3-5 d per, lb/ f.0.b.: Now z^] and nVioDce—White and coloured, 44d ; The South Island Dairy Association has received the following market re ports . from the New Zealand Produce 7®?'dS, 83°s n to°B4s. Chee|e: White, 44s 6d to 455; coloured, 445. Both markets are firm.