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CANTERBURY MARKETS.

Chnstchuioh gTain and produce report (Lyttelton Times, 11th inst.) : —Farmers are showing a, disposition tc meet tho market with thicir •wbeat, but millers-, in tie unsettled position of their association, are disinclined to buy, and the business done has been very limited. Hunters- have been sold at 2s 7d and Tuscan at 2s 8d at country stations, but millers talk of 2s 6a and 2s 7di as being the best prices which they can pay. There is some inquiry from tho United Kingdom, but prices are below those at T."hich shipping lines can yet be purchaE-ect, though the difference between buy^r ancJ seller is small. Tflie millers Lave broken into individual action, and "while shipping flour is quoted at £8, it is stated that lower prioes have been accepted. Oatmeal has been leduced to £9 10s per ton. Business in oats consists of a few small lines at quotations. •Fresh eggs ihave fallen to Is 6d per dozen, with picbability of a further drop. Other lines are •Unchanged. AshbUrton gtfain miao-keits foT the -wet-Is fended Friday last : —Wheat— Th« market has been in a most unsettled state, owing, pi-inci-jpally, to the disagreement between the Millers' Association and the reported cutting of prioes in flour. Th.9 whieat market, as yet, hflsi not Bufi&red greatly, and there has been, if .anything, slightly more inquiry from millers, who will probably stock up to guard against a rise of prices during 1 more settled) times. Several sales have been made at quoted rates, Tuscan being principally in demand, and extra prime quality •commands almost the price manned for ipearl. Quotations aie: Pearl 2s &d, Tuscan 2s 8d to 2s 9d, Hunters 2s 6d to 2s 7d. Outs— There h-as been more inquiry for short oats for shipment, also prime idums; otherwise, there has been but little business effectedl. Stocks are r-ok heavy, and it is the belief among many holders that higher prices will very ehcitly ru'io. Few holders will sell at current itates, and buyers seem unwilling to increase their offers. Quotations are. Milling Is sd, short feed Is 4d, duns Is 4d to Is sd, Danish Is 2d to is 2Jd, Timaru grain markets (Herald, 11th inst.): — Taken all round', tlie grain markets have been ir.-u.dh quieter than usual this week. Though, ifche "wheat market ia qiiiet, real good condi|ioned lines find buyers at the following quotations: Tuscan and velvet 2s SJd, red cheff Ss 8d to Js Sid, on trucks, T,imei-u, Backs 6d. Shipping has been fairly brisk, but tlie inil'lers Btill being unsettled, the market generally feels a depression. The market for oats shows Oittle oh-ange. Prim© A gracCe Gartons are math. Is 6d, discoloured Is 4£d to Is sd ; bright 30i3 of Danish Is 4Jd, discoloured Is 3Jd ; duns Is 6d. to Is 6Jd ; all f .0.b., sacks sdi. There are inquiries for Tartars for seed purposes, but st&ae are p-n offer loc.fl.Uy.. Odd Jotg o| EQja.tgea

are moving off at 30s per ton, but the business d'c.ne is really in small compasa. The exports of grain send produce from Lyttelton for the weak included the following lines: —6553 sacks wheat, 1102 sacks and 1543 bags flour, 6312 sacks oats, 62 sacks meal, 175 sacks barley, 168 sacks malt, 797 sacks bran, 60 sacks shares, 240 sacks poll*trd, 5087 sacks chaff, 2101 sacks peas, 1790 sacks beans, 4608 sacks anc3 125 bags potatoes, 26 sacks, 1 bag, a.V 91 gunnies onions, 1095 sacks seed, 204 bales hay, a«d 64 bales straw. The exports for Australia comprised 10 sacks malt, 647 sacks potatoes, and 78 sacks seed. For Fiji were shipped 100 sacks flour, 25 sacks oats, 5 sacks peas, 208 sacks potatoes, and 12 sacks osiions. The exports for the United 1 Kingdom included 4595 sacks wheat, 5877 sacks oats, 2071 sacks peas, 1764 sucks beans, 555 sacks bran, 125 bags potatoes, and 913 sacks seed. The remainder were for New Zealand ports.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/OW19040615.2.85

Bibliographic details

Otago Witness, Issue 2622, 15 June 1904, Page 21

Word Count
656

CANTERBURY MARKETS. Otago Witness, Issue 2622, 15 June 1904, Page 21

CANTERBURY MARKETS. Otago Witness, Issue 2622, 15 June 1904, Page 21