MARKET REPORTS.

Lyttelton Times, Volume CXVII, Issue 17099, 23 February 1916, Page 9

MARKET REPORTS.

Cl KAIX AND PRODUCE. CHRISTCHURCH, February 22.' Owing to a variety of.causes the demand for wheat during the last two weeks has ghow'ii a decidedly casing tendency, and today both millers and merchants are largely off the market, inasmuch as they "’ill not purchaso except at their own price, which in many instances is below 03 per. bushel on trucks at country stations. Considering that since the opening of' the threshing seasonsales have been made,at prices ranging up to 5s id it is only natural ’that such prices would not be readily accepted by growers, although it must be' mentioned, that many of them have reduced their limits, and aro now prepared to accept «s low «s os on trucks, but there are virtually none who arc ready to break tHo even money, and the result has been that, the volume of business during the last ten days has been within unusually narrow limits for the season of the year, with threshing still in full swing. The recent publication of the Government statistics. showing that the gross yield of wheat will considerably exceed the requirements of | the Dominion, to say nothing of the million bushels carried over from last year, has had something to do with the position, but in farming and mercantile circles the published figures are received with the greatest caution, indeed, many openly express doubts as to their accuracy. To-day’s nominal price may bo placed at 5s on trucks at handy stations, but it may be added that , several large lines that have been offered at that price within the last few days failed to find purchasers. Many in the trade are waiting to sec whether .the 'lmperial Government will purchase the Australian crop before operating, as tin css this is done it is considered highly probable that considerable quantities of Commonwealth wheat and flour will find their way into tlr:- Dominion, and. of course, . this would have a serious effect on the price of tho local Article. Already a fair amount of the Australian product has found, its way into Xew Zealand ports. Tho demand for oats is distinctly weak, and the business being an exclusively local one. the turn-over has been within narrow compass. Merchants do not look forward t<* doing much," if any, export business during the coming year, and as if was this trade that hits always boon responsible for the demand it is considered improbable that there will be anything in the shape of a boom in this cereal. The Duns which have, been offered up to the present. have been thin, and of poor colour. Algerians are comparatively scarce, but. they do not conimand ncarlv as high prices as were current twelve months ago. The chaff .market is dull. and. as in tlvo case of oats, the, business is an exclusively local one. no shipping being done, nor is it thought that there is likely to be much overseas. trade during the current year. y Cocksfoot seed is now coming to hand in. fairly large quantities, and as high a? 12d hn.i bean paid for exceptionally good heavy seed. The bulk of the seed, however, lacks’ wiight,: and. the average price ranges fro.tn .Din to 10d. The following quotations are for purchases from farmers net cash, sacks cxlrn, delivered at country stations, the figures for the corresponding dale of 1015 being also given for purposes of comparison. (Xofe.— An asterisk indicates that tho price is nominal, there being little or no demand): February 22. February 23.

GROCER lES-—KETAIIi PRICES. CHRISTCHURCH, February 22. The following aro the latest quotations ot some of the principal lines, the prices given, unless otherwise stated, being at per lb.: Dried apricots XUd, best no is, dried apples l()’d, Jordan almonds Is Sc!, Sicily almonds Is lOd, arrowroot 7d, alum od, pearl barley 3d, separator butter Is 3d, factory butter la 3d; stearine canciles Gd, National sperms Sd, local sperms 7Jd, carriage candle.! lid, wax candles 7d. currants Gd, cream of tartar 2s Id, plantation coffee Is 9d, cornflour lid and 7id, factory cheese lid, desiccated coconut fed, lemon peel Sd, orange peel Dd, citron pcej Is id, mixed peel Is, Epsom sails Bd, sultanas Bd, seeded raisins 7d, seedless rtisins 7<l. Spanish muscatels Is -Id, Californian muscatels Is, prunes Ed, dessert- figs 10d, rooking’ figs Bd, flour per sack 28s Gd, preserved ginger lOd, ground ginger Is Id, whole white ginger Is -id, whole brown ginger lOd, Cerste'na per bag ,1s ild, whole linseed 2id, crushed meal linseed 3d, lentils -Id, lard per packet Is, mnrgari ic. lOd, macaroni Sd, bread per lout Bd, maizciin 7d, oatmeal 7lb bag Is Bd, . Oto per bag Is 3d, white pepper Is Gd, black pepper Is Id, pea flour Gd, Japanese rice 2k!, best ground lice 3d. Al Snowdrop sugar 2fd, washing soda kT, carbonate of sod-a '3d, Sunlight soap is 2d per box, splif peas 31«> saltpetre Bd, sulphur Id, sago 3d, sheep s tongues Is 3d, sharps per sack 14», tapioca (white flake) 3d, tapioca (white pear.) 3d, vermicelli 7d, whiting Id, wheutracnl 71b bag Is Gd, royal vestas Is Gd per. packet, kerosene 11s 3d per case, 5s 9d per tin, vinegar 7d,caustic soda 9d and Js Id.

RANGIORA. There was an entry of 1171 fat sheep' at the Rangiora market yesterday, and, the demand being good, tlie prices ot previous sales were maintained. Extra prime ew made 00, jd to 22s 7d, prime ewes 19s Id t° •21s, others 17s to 18b 7d, extra prime wethers 21s Id, prime 22s 3d to 23s lid. others 19s od to 21s 6d, extra prime lambs 22s bd to 23= -i, prime 20s to 21s od, others lbs to 19s lbct. Among the principal sales wore :-r-bwes"-account of J. Dj-oii, 11 at ISs Id; J- Begg, sat 20s 3d; W. Booker, 2 at;. 20a 3d;. Lindsay Bros., 12 at 18s Id; J. Joyce, 12 at 20s 3d; B. Ferguson, 11 at 19s 7d;.A.-Mil 6 at 18s sd; client, 16 at 22s 7d- R. Torsj h, S at 17s; R. Frizzell, 7 at Ls 3d; G. Lang, l at 20s; IV. Stalker, 27 at 22? 1. amfin, 16 at 20s and 24 at 10s Id; I._P. ia.yl«12 at 19s Id, J. F. Bonds. 14 at 22s 6d. L. G. Fhilpott, 21 at 18s 7d; W. Jackaon, 3 at 21s; I n. 21. Griffiths, 22 at Us moWethers—On account J. Urrtn, 3 at _s, • Begg, 19 at 2ts Id; client, 38 at kOs ti.. • Frizzell. 3 at 225; J, Perim. L at r-ls 4d , J. Bonds. 14 at. 22s 3d; G F. ;AUc 4, 8 at 19s' 3d"; Mrs Plaskctt; 8 «t 20s 10d, ; L.. Philpott, 10- at 23s lid; Missßoss, -8 « 20s 7d, !1 at 16,4 9d and 1 a 2os 6tl, R. Griffiths. 20 nt 21s 6d. Laiiibs'-J. J<>>«,. at 18s Id-; A. Millar. 31 at 19s 4d, Stewart, 36 at 20s; Lindsay Bros., •}/ ; * Id ; It. Bennett, 56 at 21s; JJegg Bioa. 33 at •19s 10d: Mrs M. 3. Mel.rielis 2b at^ls^d, • T - S. Hiatt. 12 nt 18s <’o, J. I T:'”V, ~,j u. 23s 2d; \V. Booker, 5 at 22s bd; > . • gibbon, 17 nt 20s;. L Petrie, 0 at 38s.

Burt, 5 at 18s ; G. "W. Buhner, 23 at 19s 4d; H. Metherell, 34 at 19s 10d;, E. G. Philpott, 19 at 18s B. Taylor, 19 at 92s 9d; J. F. Bonds, 37 at IBs (id; C. Waters, 15 at 395; A. Lqffhageu, 13 at 21s 4d; G. Lang, 22 at 18s lOd; J. M. Uouds, 47 at 20s 4d; T. Burgin, 130 at 21s sd; Feather Bros., 67; at 19s 8d; -client, 16 at 20s Id. In til; store pens there was nil entry, of about 1300 sheep and there was a considerable rise in prices’ in comparison with previous sales. Breeding- ewes were in great demand, and sold well. Two-tootli ewes made 23s 3d,, sound-month ewes 21s lid, two, four and sixtool h ewes.J.2a .to 18s 7d, merino ewes 6s 3d, small lambs 8s lOd, rape lambs to 16s 2d. There was an entry of 55 head of cattle. Fats wore in demand and realised full values. Prices were: —Fat heifers to £l4, •fat steers £lO to £l3 17s Gu, fat cows £7 17s 6d to £lO 73 Gd; dairy cows..to*£B, store cows £2 5s to £1 ss,- springers £6 to £7 17s 6u, yearlings to il" 19s, hulls £4 2s Cd to £7 10s. About 200 pigs wers penned. Baconers brought good prices, the range being from 20s to 113 s 6d. Porkers* sold to 335, stores 2Ss to 425, and small pigs 12s to 18s Gd. In the produce yards heavy cross-bred sheepskins sold to Bs, medium G.%. lighter 4s to 08, -merinoeg 2s to 5s Id. calfskins 2s"Gd,; yearling skins ss, hides 7d 3b, fleece wool Is Id, crufqhings 9d, pieces 7d to Bd, fat 2jjd. In the poultry pens, roosters realised 9s a couple, hens. 30. 3d, ducks Gs, geese os 6«. Chick wheat sold at, 4s 6d to Gs Gd a bushel,, oats 45,. grass seed 3s 6d, bran 7s a sack, sharps *l3s, pig meal 15s, whenfmcal. 155,, oateheaf chaff 5?, straw 2s to 2s Gd, potatoes ld< lb, swedes Is. a kit, apples 3s. Gd, a case, pears 2a Gd, plums Id to IJd lb, peaches 2d, onions 6d string or 2s 6d for 40lb bag. TEMUKA. The yarding of sheep at the Tcniuka stock sale yesterday totalled 2714, against 3114 at the last. sale.. The entries, consisted of 823 fat lambs," 38 fat wethers, IS9 fat ewes, and 2061 stores. There was an exceptionally large, attendance, competition was keen, and prices good right through, showing a marked improvement in late rates. hat ewes gold at 16s, IGs 9d. 18s, 18s Gel, 20s, 20s lid, 21s, 225, 2-ls and 275; lambs at 15s 6d, 16s, 16s sd, IGs lOd, 17s 3d, 18s, 18s Id, 18s 3cl 19s. 19s 3d, 19s Gd, 19s 7d, 19s lOd, 20S ild, .20s Gd,'2ls 6d,.21s Bd, 22s and •24e; and wethers at ISs. 20s Gd, 21s and 225. Store sheep 'brought the following prices;—Lambs Gs, 9s 7d, 11s 6d, 12s, 13s lid, 14s Gd, 15s Sd and 3 7s; two-tooth ewes 18s 3d; three, four, six and eight-tooth ewes. IGs Gd,; wethers J7s 9d to 19s ' 3d, six- and eight-tooth ewes 17s 7d, and ewe's (various, ages) to 15s 7d. The yarding of cattle totalled 127, against 91 at the last sale, and. 50 were in the fat pons. The fats included some, prime steers, which were passed at £l2 15s, £l6 10s and £l9 15s, prices being equivalent to over 40s per lOOlbs. The passings were heavy, and only light and medium weights were sold.. Steers brought .from £6 5s to £l3 7s, heifers from £s'l2s. to £7 17s 6d, and cc-ws from £7 to £ll 15s. LAXB SALE AT TEMUKA. The -Pakihi Estate, Orari. which has been subdivided, was offered for sale. by. public auction at Tcniuka. yesterday, and every lot was sold.. The following are particulars, ok 'tlie sales. Homestead block, 319 acres,- F. C.. Sm ft hi- a(..£10 ncr acre; 10.3 acres, J. Austin, ! at. £22 IO3; IG6 acres, A. Bain, at £2O ss; 2G7 acres, 'J. MTnncs. at £9; 312 acres, Cadwallader Bros., at £G 2s Gd; 487 acres. T. Hedley, at £4 15s; 128 acres, TL Xorrish, at £8 12s Gd; 90 acres, L. Grant, at £t 7s Gd. Fifteen acres, two roods, in the IVai'ui Estate, Geraldine, were purchased by Guy M’Donald. at £2O 10s.

1916. 1015.' a. d. t. d. s. d. s. d, Wheat ■ o 0 G G to 6 10 Oats— Cartons . 3 0 to 3 ' 3 3 4.to 3 7 Algerians 3 tv 3 6 to 1 . 0 Dims 3 0 to 3 6 2 9 to 3 0 Danish None offering 2 3 to 2 10 Barley o 3 to 3 ti 5: 0 to 5 1 Peas— Partridge 4 9* 5 6 ■ . i .. Blue,,; "Prussian* (3 0* None offering Bran. . 100 145 ’ Chait £0 0 to 95 100 0 to 105 0 Pollard 180 D 1 GO 0 Oatmeal •100 0 <420 0 Flour 280 0 330 0 Onions Seeds— ■17 6 65 0 to 7,0 0 Ryegrass 5 G 3 6 to 4 6 Cocksfoot (131b) White Clover 0 7i to 1 0 07} to'0 8 (farm dressed) 1 0 to 1 2 1 0 to 1 3 Cowgraas O' 7 to-0 8 0 64 to 0 74 Dairy ProduceDairy factory cheese o 104 Dairy cheese 0 6$ 0 sj Local factory butter • (1st grad 3 Local factory 1 a — butter (2nd grade) — 1 1 Farm separator butter 12 0 10 Farm dairy - r. butter 1 0 0 0 Hams . 1 0 10 Bides 0 11 0 0J Rolls 1 0 0 104 Rolled hams 1 1 0 11 Lard pats . 0 11 0 84 to 0 9 Eggs 1 2 1 5