CHRISTCHURCH MARKETS.

Otago Daily Times, Issue 15823, 23 July 1913, Page 4

CHRISTCHURCH MARKETS.

(Per United Press Association.) CHRISTCIIURCH, July 22. Though some business has been done lately in wheat in South Canterbury and North Otago the local market still remains in a quiet condition, and there are neither buyers nor sellers in"the market. At present there seems to bo very little hope of cheaper freights to the United Kingdom for grain this season, the present rates being 35s per ton for wh'eat and 40s per ton for oats. Now that the frozen meat and dairy produce season is practically over steamers are being sent across to Australia to load for Home ports, and while freight is obtainable there the prospects of any reduction in rates from New Zealand are not very promising. At any rate freights would have to come down considerably to allow of business being done with the United Kingdom on the basis of prices ruling here for grain. There is practically no demand locally for either aits or wheat, except it may be seed lots for spring sowing. Favourable weather during autumn and early, winter has enabled farmers to sow their wheat,

and probably the amount of spring wheat put in will bo considerably less than last year ' . . . , , A demand is eettmg m for grass and clover 6eed for the coming season's sowings. The potato market is still very dull, and sales have been made as low as £2 12s 6d at country stations, though the general price is £2 15b. There are, however, few buyers or sellers.