CANTERBURY MARKET.

Otago Witness, Issue 2522, 16 July 1902, Page 29

CANTERBURY MARKET.

Chi-i -iLhurch Brain mil produce vcpoit iLyttclton Times, 12th in=fr ) --There iow appears to be 11 much better leehng iii yip local grain inaikr'o than h.as boon the cnvj for dome time, ynd alihoigh th? -. oli.me of buMi.e?.- it liot by rirv~ moans larp;e, th-»H' !s nvri' inquiry for Loth ttheut and otitb. Tlic nuD.ication of the Hgiu tilt lira! sta.ti^t,.L-. which \.ere ule•.'raphed fram Vv'< ihngtoji oa T!'Ui - jil«: - night, Jias line! no . ifxl. npoii <lu> ir.-rk't. as the li'-ults v,u» Ui'i'y in.tuip.iU'', <■:.• it :>i t!n» ca^o ot pol.itiHi», ft wJmh »;i"ic .uc Jaiger htoeks tin 11 v io ai i.( iii.'tcfl. Or<!< r-. lor y.!,eat> .tr' now rouuii!,' ni ptcv.di'v, bu'h from Xorlh Island ai.cl O';-','(. n-n's, ttvcial linos ha*fc changed hai.i. . <11 ti bi-'< <f 3s Hd nnd 4» f.o b.' In n,n-t <>.<<■•<• 1 ovvpvpi, Ik 'dpr, mo veiy lam in tu-ir miimifi- :• i I'ij.b'r i»ii.o-4. \erv few cits .uv. ofl.f.v, ■''•'', "' s'nytLmg. the Miaiktt is t-oi^ii, .1- -<-■ i r,,i ji.qiMii'u have btcn mad' 'or jure Is of -l.oi' fired f< r Au«ti alia. Tl'cir is notli 'iij.' di iiig i!i barley. Oatsheaf t liafT is nov. off. ruiL' in cui.^fleiatiV quantities and as the outlet 1= hniittd, tiie markets i- weak at late question*. Both is!u<> Pru— Mar and Partridge peas an- s-caj-00, and meet h. grcil demand. The Inrpe rmyort.it ions of C.il:fornian cowgras» of really yood quality aro interfering considerably with the *al? oi the 1< cal article, and have caused a slight easing in prices. Derwent potatoos hive -uffered .(■ decline, and price" now rule at 40s per ton at country stations, at which lat^ several hundred tons have changed hands during the past few da-\s. Several speculators vvtio op"ratt<l fiecly in the early part of the reason, and who assisted by so doing to unduly inflate tho market then, h<i\e brt-n endeavouring to unload during the past few day-, with the result that in u t.ii.ccs rai be quoted where they have le-feold tr heal merchants at prices which represent a !o«s on the original purchase prices of from 20s to POk per (in. This, of course, has helped to depress the local market. The ctop this year is estimated to yidd about 200,000 tons, and of this only 67,539 bags have been sl-ipped from Lytt-elton from January 1 to July,' 11, as against 140,000 bags for the corresponding period of last year. It will thus be seen; that there is an iinprejedent^dly large surplus of potatoes in the colony this year, for Which it will be difficult to find an outlet now that Australia has the l-'ederal tariff. The reports as to the Tasniania-n yield stale that this year it is estimated at 114,704 tons, and the nearest approach to this was m 1599, when the total yield was 101,070 tons. By this it would appear that Tasmania can supply the Sydney market for some considerable time to come. Althought pienty of onions are offering, merchants will oiilj buy when they ha\c orders tg»

fill, and price 3 lemain rommallv at £3 10s per lea. timaru produce report (Herald. 12th inst ) . - ,Tho firniness iv the wheat market reported last week continues, and buyers ha-.e this >veek iaken several lines of prune wheat at 4s j.0.h., the price sellers have held out for for so long. Tliis is an advance of Id on the week, and as a firm demand is noted, there should be no difficulty in di-sixmng ot best lines at the quota-4-on given. Fowl feed finds o ready market at from 2s 6d to 2s 8d for broken and '2s lOd to Ts lot whola. The market for oats is unchar.gi.il, very little business passiug, and late quotations (nominal) are unaltered Sellers are asKInc 2a 9d for feed barley, but the dtniw-d is Vexy poor. Potatoes ar~ quoted at £2 10s on trucks; market dull and sales very few. Ashburton mark-its, for the week ended 11th lust.:— The local wheat market is in a vrrv stagnant state, and millers absolutely refuse to mak«. cnv offers whatever fot whc«»t and have gone completely out of the market !or the present. Consequently, although many holders who wish to sell -have reduced Their reserves quite ticl per bushel, still no business re=ult=>. f lhe local mills will ah.ut down shortly for rebuilding and new machmer>, so that th^ir stocks are not Ijeing kept u-i. Prices q'.t<~ted are merely nominal, and lio salts have taken place duung Hie week Tuscan is quoted at 3a 9d to 3s Ud, Hunter'? and pe.ul Ss 9d to 3s 9^d on tiucks. hacks extra. As with wheat, sales of oa*i are very difficult to effect, and i^racticallv no bn&iress has resulted. Sellers' values are Duadnns 2s 6d, sparrav.lu'.ls 2s 'Id, Duu=s and Danish 2s Bd. The large quantity of oatsliPaf chaff offcririg- has lowciPtl prices quiw 3s per ton. and to-dsy £3 13s i& top vaius foi blight heavy chafL Messrs Mahng and Shalieras? be!d a very successful skin sale at Oeraldme o.i Friday la't. •when there was a good attendance of buyers and competition was very k-^en. The folloviny prices were realised : — Pelts, 6d, 9d, Is , crosbbreds, 2s, 33 Gd ; hoggets, Is, Is 3d, Is 6d , merino,-. 2s 6d, 3s. 3s 6d. 4s 6d, ss. 6s 7d . merino skin 3 ocr lb, 4Jd, sd, 5Jd , halfbred Bkins per lb, 2*Jd, 3UI, 4d, sd. The exports of grain and yuoduce from i.;"ttclton for last week included the following lines : — 1950 sacks vheat, 8-2*2 sacks and 525 bags Hour, 1099 sacks and 1500 bags oats, 20 sacks meal, 1046 sacks barloy, 86 sacks malt, 1103 sacks bran, 72 sacks Ehirps, 150 sacks, poi!ard, 1126 sacks chaff. SIS sack=> peas, 2S sacks beans, 5854 sacks potatoes, G5 packs, 16 7 bagß and Llls gunnies onions, 1500 sacks seed, 841 bales and 54 trusses l>a*\ and 456 bales «tr»i» *fh.e exports to Australia, included m the foregoing, were 524 sacks and 1500 bn<?s onts, 711 Backs baxley, 15 sa->ks malt. 856 sacks bran, T.C2 s&cks peas, 2912 racks potatoes. 104 bags and 562 gunnies omons, a:;d 250 b^les liav. Pive sacks bran, 304 sacks \ oi.a*o<>o. and 18 aumues onions were sent to Fiji. Tlie for tiie United Kingdom compiised 654 sacks peas r.' d S'jO sacks seed. The balanc"- \s;is fcliipned .o !C"ewZealand ports.