CANTERBURY MARKETS.

Otago Witness, Issue 1851, 30 March 1904, Page 16

CANTERBURY MARKETS.

Chnstohurch gram and produce report (Lyttelton Times, 26th in s t.): -Business in the local market for grain is of small volume, and chiefly confined to commission lines. A promise of export transactions, howevei is held out by the Lake Erie having 'been chartered' by Messrs G G Stead and Co. to load wheat at Lyttelton for London. Meanwhile the sales comprise 1600 bushels Tuscan and pearl at 2S2 S -LOd, /00 bushels Tuscan at 2s lOd to 2s 10?. d and one large and a number of small parcels 1 ot mixed wheat, aggregating some 10,000 bushels, at 2s lOid to 2s Hid— all at country stations In oats the only business has been of a retail character. Quotations are unchanged, bub must ba regarded as nominal, in \iew of most of the business of the last week iiawno been transacted at Oamaru and Bluff In othei imes the position is similar to that regarding, oa.ts. Ashburton markets, for the week ended Friday iast:— Wheat: Very little business has been done. Millers have dropped their buying quotations 3d a bushel, and farmers are therefore holding off, and many are putting -whea6 into store, expecting better values during the .winter months. Prime wheat is saleable afc tlie tailowmg quotations: Hunters 2s 9d luscaa 2s 10d, pearl 2s lid; but holders of prime quality are asking Id above these rates Oats: Merchants have filled their present requirements, and therefore are not buying auytbing excepting special lines of short feed and muling oats, which have maintained last week's prices. Duns and Danish are considerably weaker, and .have fallen from *d to Id per bushel. The quantity on offer" is still very limited Quotations are: Canadians Is 5. l ,a to Is Gd, short feed Is 5d to Is 54d, duns Is 4d tc Is 4Jd, Danish Is 3'.<3 to Is 4d. Timaru grain markets (Herald, 26th int)-_ The week has been a very dull one so far as wheat is concerned, and very few -aales have taken place; values have accordingly aased Quotations now are as follows: Tuscan and red chaff, 2s lod; velvet, 2s lid to 3s (en trucks Timitru) The -wheat requires to be m really good condition to command these prices Fowl wheat is meeting with sales at 2s 8d to 2s 9d f.o.b. The oat market is also very quiet, a very hand-to-mouth business being done \ alues are: Danish, Is 3d for bright samples at country stations; dams, 181 8 4d to Is 5d according to quality, at country stations;' Cartons, 1, 6d at Timaru, and prime samples at tnat. in all cases discoloured lots sell at lv less, and weather-stained lots Is 4d on tracks, country stations; sacks extra in all cases. There is nothing doing -ji barley, ajid i v is rabher early yet to give a reliable quotation lor potatoes, but it may be noted that gro^eis are asHjig £2 10s por ton at counirv BTRuIGUS. J j

The hew Zealand Loan and Mercantile Agency Company (Limited) held at their LJ] mvchurch grain warehouse on Fndiay afternoon their opening of the season's auction sale of gram and produce, when they offered a catalogue of about 1500 sacks, of which the major portion was oats. There was a good ettenaauoe ot buyers, and bidding for oats and wheat was brisk, up to full market values.

Barley was neglected, and some inferior chaff elicited no competition. The prices realised! were as follows : Hilling 1 wheat, 3s; whole fowl wheat, 2s 8d to 2s lOd ; secemds and broken, 2s 3d to 2s 4d<; good Canadian oats, Is 7d; short feed oats. Is scl to Is 6d ; dun. oats, Is 5d to Is Gd ; Danish oats, Is 4^ to Is sid; infeiior oats, Is 3d to Is 4d per bushel (ex store, nsw sacks SVI extra). __ The exports of grain snd proJuos from Jjyttelton for last week inch-dec} the followinglines: — 4575 sacks wheat, 1105 sacks and 2G67 bags flour, 5872 sacks cats, 133 sacks meal, 605 sacks barley, 127 sacks malt, 258 sacks bian, 90 sacks sharps, 215 sacks pollard, 13,420 sacks chaff, 323 sacks peas, 15 sacks besns, 283 sacks potatoes, 17 sacks, 359 bags, and 323 gunnies onion, 501 sacks ses?, and~l2s bales hay. The exports for Australia comprised 20 sacks oats, 182 sacks per.s, 15 sacks beans, and 257 sacks seed. Ths balance of the lines was for New Zealand poits.