CANTERBURY MARKETS.

Hawera & Normanby Star, Volume XLVIII, Issue XLVIII, 12 January 1924, Page 7

CANTERBURY MARKETS.

\»r ttLßununt — rmutt ABMtciATtomJ CHRISTCHURCH, Jan. II- - There is something of stalemate-«. _ the grain and produce trade. Ifarchants generally have bare boards; fcafcwhilst good orders^ are coming ■■>' growers are disinclined to do bwußMWw - Banking on a dry season, they aa» holding for enhanced values. This is particularly the case- witib ryegrass." There is good enquiry^ ftmm--the north, but owing.-to the fact'thai the return promises to be much li^ficr this year, prices are soaring up to- #^ . and in some cases 6s 3d has been £■** to growers at country stations. Warn is a very high price to growers, in vicar of the fact that dressed seed ia «r»3-, -

able at southern ports at 7s 6d. However, indications are that both Italiam. and- perennial ryegrass will continue im good'demand. - Cocksfoot is in much the same p««----tion.~ Sales of standard have been^ made* at Jls per pound mercluusftv* bu£ this price does not keep pace wilfc. the offers to growers, who have deduced up to lOd at the bays. So far thm* is little movement in white or ieTJt clover.

The oat market is still strengthening, and up to 3s 9d f.o.b. sacks n» quoted, for' forward Gorton bunfn—r, equal to 3s 3d at wayside statimtSome Algerians have been- offered, tedr offers of 3s 6d a .bushel have been cV- - clined. - " " ""

Some new season's wheat fromNortfc Canterbury has been offered. Millen? sample is bright and clean under tte> influence of the dry weather.. It w expected the potato yields will be liga*,and so far there is no speculative, $>uas~" ness on this assumption. The position really is that there are many buyem and few sellers at present, everything; being held for high prices.