CANTERBURY MARKETS.

New Zealand Herald, Volume LXIII, Issue 19221, 9 January 1926, Page 7

CANTERBURY MARKETS.

MOVEMENT IN POTATOES.

[BY telegraph.—press association.] CHRISTCHURCH. Friday.

Reports from the country generally confirm tho previous accounts of the improvement to crops as a result of the rain. Thero is need for a further fall, but the filling out of the wheat has been helped considerably. Tho potato market is engaging some attention and a little business has been done in main crop tubers on a basis of £5 10s f.0.b., s.L

Ryegrass is disposed to firm in price at 6s 3d for heavy seed. Barley will be a shorter crop this year. A number of the growers ei previous years have substituted other crops. White clover is developing poorly in a number of districts. The following 'are nominal quotations, free of commission, on trucks, sacks extra, except where otherwise stated: — Wheat, old season.—Tuscan, 6s 8d; Hunters, 6s 10s; Pearl, 7s, f.0.b., sacks extra; fowl wheat, 7s 3d. Oats. —A Gartons, to 4sj Ii Gartona/3s 7d to 3s 9d; Algerians, 3s 6d; Duns, 4s 3d for best, 3s lOd for inferior. Chaff. —Good bright, £4 10s to £5; secondary, £4. White clover, 12d; cowgrass, to 10jd; Italian ryegrass, 3s 3d; perennial ryegrass, 4s 3d; cocksfoot, to 7d. Potatoes. —New season's, £4. Flour. —£18 per ton, f.0.b., nearest port. In 1001b bags, £l9; 50lb bags, £l9 12s 6d; 251b bags, £2O. Pollard. —£9, f.0.b., nearest port; 10s extra for smaller packing. Bran. —£8 per ton, f.0.b., nearest port; 10s extra for smaller packing. GERMAN TRADE DEPRESSION. BUSINESS FIRMS' TROUBLES. This has been a black day in the German business world, wrote tho Berlin correspondent of a London paper on, November 23. Yet another important industrial amalgamation has fallen into serious financial difficulties, and has been forced to apply for "official supervision," a step equivalent to putting in the Official Receiver. The concern is the big Richard Kahn Trust, which consists of about a score of up-to-date machine-building firms in Berlin and Southern Germany. The concern states that it has applied for official supervision "in view of the further worsening of the economic situation generally and of the scarcity of credit." As in the case of so many other firms, orders have been falling away rapidly of late, and increasing difficulty has been experienced in obtaining money for goods delivered. Then the Aga Motor-car Company, at the head of which stands Dr. Edmund Sfcinnes, the eldest son of tho late Herr Hugo Stinnes, has—after a long fight to keep going—finally announced its bankruptcy. More light, too, is shed on- general conditions in tho country by the collapse of the Vogel concern, one oi the greatest theatrical amalgamation in Germany. It has theatres m Berlin, Hanover, Halle. Stettin and Elberfeld. Unemploymeiit continues to increase, and so does the number of bankruptcies in an alarming fashion. The result is the severest depression on the Stock Exchange. It is stated that the average price of stocks and shares quoted there is now no more than 50 per cent, of face value. Thai depression was increased to-day by news of tho suicide of Herr Falken-. stein, one of the best-known brokers on 'Change, owing to financial difficulties into which his firm had fallen. CLEARING SALE AT TE MIMI. 6 GOOD PRICES REALISED. : Messrs. Dalgety and Company, Hamilton. report a very successful sale on behalf of Mr. W. G. Stead, Te Mimi Estate, Morrinsville. Implementi brought satisfactory prices. Horses were keenly competed for. Prices were:—Draught mares, £2l 10s to £26 103 and up to £39; geldings, £l9 to £22: draught mares with foals at foot. £26 10s to £35 and up to £39 10s; marcß in foal, £ls to £22; hacks, £5 to £ls. Pigs; Sow and nine young, £lO 15s; good sorts of pigs, up to £2 13s. Dairy cattle: Heifers (in calf). £4 5s to £5 16s; yearling Jersey heifers, £4 16s; young daify cows, £4 15s to £5 10a and up to £7 ss. A total of 3025 sheep were yarded, and all sold readily under the hammac. A line of 105 fat and fewh'ard wethers realised 26s 7d, and another lot of 160, 26b 6d; 2-toothed wethers, 23s to 23s 6d; 360 forward 4-toothfed wethers, 235; fat lambß, 24s' 3d; Store lambs. 14s 6d to 17s 3d; 5-year ewes, up to IGs 6d; failing-mouthed ewes, lis 6d to 12s; aged S.D. rains, 3Jgns. Cattle.—Fat and forward 3 and 4-year Hereford and P.A. bullocks, £8 10s to £8 12b 6d, and up to £8 19s; cows, £4 lis to £5 7s 6d; light sorts, £3 6s to £3 19s; heifers, £4 4s to £5 7s 6d; others, £3 12s 6d to £4; cows and calces, £4 2s 6d. FEILDING STOCK SALE., SHEEP FROM HAWKE'S BAY. \ _____ [BY TELEGRAPH. —PRESS ASSOCIATION.] FEILDING. Friday. The first stock sale since the holidaye at Feilding was largely attended, both the Feilding and outside districts being well represented. Very few fat sheep wore yarded, but there was a muoh larger yarding of store sheep than is usual at an opening sale of the year. A large proportion of the sheep came from Hawke's Bay. Bidding improved as the sale progressed. The last few pens of lambs offered sold under keen competition. Fat lambs made 26s and fat ewes 20s 6d. Two-toothed wethers from Hawke's Bay made IBs 6d and 21s, and a lino of about 200 good sheep made 22s 9d. A line of 200 very good local 2-toothed wethers made 245, and a small line of medium Romney 2-toothed ewes 25s 9d. Competition for cattle was not brisk? Practically all the stores were passed in. LONDON TALLOW SALES. The New Zealand Loan and Mercantile Agency Company Limited has received the following cablegram from its London office dated January 6:—Tallow.—We quote c.i.f. and e. values for the following descriptions: Fine mutton, 45s 9d per ctft.; good beef, 43s per cwt.; mixed, 41s per cwt. Our quotations are more or less nominal. \ SALE OF STUD ROMNEYS. A total of 415 stud Romneys, bred by Messrs. William Perry and Son at Penrose, Masterton, will be offered for sale at the Solway Showgrounds, Masterton, next Tuesday by Wright, Stephenson and Company, Limited and the New Zealand Farmers' Co-operative Distributing Company. The total is made up of 145 stud ram lambs, 140 stud ewe lambs and 130 stud cast for age ewes. The Penrose flock is the most successful prize-winning flock in New Zealand, and has secured many overseas successes. The sale will commence at noon. , f