COMMERCIAL

Hawera Star, Volume XLVIII, 6 September 1924, Page 5

COMMERCIAL

CANTERBURY MARKETS

(BY TELEGRAPH —PRESS ASSOCIATION.) CHRISTCHURCH, Sent. 5. The potato market has changed once more. Ten days ago potatoes jumped to £4 10s a ton f.o.b. sacks in, and to-day sales have been made at £5 10s, at which pryje offers have also been refused. The actual potatoes are not wanted, except for the northern and coastal trade.. The jump is entirely due to the “squeeze” of over-sellers, who are unable to deliver the goods. Some of the consigned potatoes to Auckland by the Wingatui were sold ex wharf at £6 a ton, equal to £4 10s f.o.b. sacks in at Lyttelton. The Rakanoa, from Lyttelton, has taken 2800 sacks to the northern city, and the Wahaka is due to sail to-morrow with another small consignment. The oat position is unaltered, but no stocks worth °speaking of are on hand to fill even retail orders. Values for B grade Carton’s are about 5s lOd f.o.b. sacks in. Chaff is still firm, and under the present weather conditions may remain so.

There was a keen movement during the week in the cowgrass market. The wet season in England is causing; some inquiries regarding Canteirbury crops, and the market, which has been very dead for some time, is showing some signs of life without any advance on values, which are 8d to 9d a pound to farmers. Peas are also a little brighter. All other classes of seeds are lifeless, hut it is the general impression that next, season will see a. high scale of prices for most products. The continuance of dry weather is not favourable to good yields.

LONDON TALLOW MARKET

The Rank of New Zealand produce department has received the following advice from its London office, under date September 3:—“Tallow: There is a good demand, and prices have advanced Is per cwt.” FARMERS’ CO-OP. REPORT. Waverley.—We report a good yarding at Waverley on Friday. Sheep: M.s. hoggets 27s 9d, 235, small 17s 2d, fat and forward ewes 26s 4cl to 28s 9d, lower conditioned 19s 3d, cull wethers 245; fat cows, £7 16s, £7 13s, £7 12s; forward cows, £5 18s, £4 7s 6d; boners and works at late rates. In the dairy pens, good yarding of fair quality heifers, £8 ss, £8 down to £6: more backward sorts, £3 10s to £5; pigs sold well at late rates; weaners, 275, 25s to 225; light stores, £2. Kaponga.—ln spite of the very wet weather, we are pleased to/ report a good yarding at Kaponga, especially in the dairy pens. Quotations: Forward cows, £2 I.ls to £3 17s; young store cow r s, 32s 6d to £2 Is; boners, £1 tb £1 7s 6d; Jersey cross yearlings, 38s. There was good competition in the dairy pens. Best young cows (close to profit), £9 to £ll 10s;.others, £5 to £6 10s; calved ditto to £7 15s; good quality heifers (close to/profit), £7 to £8 10s; others, £4 10s to £6; calved heifers, £5 to £7 10s.