CANTERBURY MARKETS

Otago Witness, Volume 14, Issue 2648, 14 December 1904, Page 21

CANTERBURY MARKETS

Christchurch grain and produce market (Lyitelton Times, lOtli inst)-— The offering of wheat by farmers has continued fairly liberal, and several who have been in town for tho wool sales have met the aiatket in regard to priors while buyers, in view of improvement in. {li£ London and Australian markets have shown an increased disposition to operate. Consequently, a good quantity has changed hands. In some cases a sight concession in price has been given by sellers, but on the whole the market is fairly firm, the reduction on one quality being compensated for by a higker prica for another. Transactions include 527 sacks Hunters at 3s 3d, 440 sacks Hunters and 540 Tuscan at 3s 4d. 150 sacks pearl at 3s 3d, 700 packs pearl, 400 Hunters, and 700 Tuscan £+ 3s 4d, 3s 3£d, and 3s 5d respectively at a 2s<3 station, 2200 sacks velvet and 500 Tuscan at 3a 4d and 3s 44d respectively at a 2Jd station, 170U bushels Tuscan at 3s sd, and a number of smaller lines at similar price 3, all at collate?.

Btations. Xothing is doing in oats. There has been some business in malting barley upr to 3s f.0.b. ; the quality obtainable is very indifferent, and some off-coloured saaples have sold as^low as 2s 3d.* Derwent potatoes are un.cha.nged. Cheese has advanced in consequence of the improved demand for export, and factory cheddars are quoted at 4fd for .large and 5d for loaf; farm cheese 4§d. ~- Ashburton grain markets for the week ended last: — Wheat: The week has been one of the* quietest expertencejl for 'some time, and during' the" early part "very little business was done. With the close of the week, however, a better feeling suddenly sprang:aip ? and there lias .been, very much better* inquiry for milling parcels. .The fear that a^large-'portion'of-'tihe spring wKe&it- lias been .damaged by' rams has made inquiry for Tuscan very Jieen, and several parcels , have recently changed hands, Holders are for the most part ready -to sell Rt market rates, and with better^ inquiry from the millers, it is expected that a clearance of tstc-cks .vill be made. Quotations _are unidtered; Tuscan and pearl <$s sd, Hiinters 3s 3d to 3s 4d. - Oats: There is still a good inquiry for shipping lines, short oats being specially in demand, also good, .heavy feed fams. Quotations are — Canadians and Gartons Us 5d to Is 3d, duns Is 6d -to 1& 6Jd, Danish la 4|d. on trut-ks. _ Oatsheaf chaff continues to «ell. readily at quoted rates. Maaiy holders are asking £3 a ton, Hut so far /this has only ibeen obtained for a few small lines for immediate delivery. , . . Tiruaru .grain markets. (Herald, 10' th inst.} : The. grain markets lliis* week are^ still '-very quiet, practically the .only business " doing ■feeing m small lots of -wheas'ior immediate requirements. Oats are, if anything-, firmer, owing to inquiries frorr the south; 'but eoarcely anything 'is "being done locally. Only nominal" quotations, -therefore,^ are available.

Wheat is at- about 3s fid on trucks, all round

Fowl wheat *3s 2d, f.0.b., s.i. A grade Gartons - are worth. Is lGd ; f.-G.b. ; !& grade, Is 9d, f.0.b.; Banish, first quality, Is 7Jd to Is 8d; second, aunility, Is 6d y good, bright, and heavy duns, Is lOd to Is lid ; light duns, Is 8d to Is' 9d. A rise in the prices quoted for oats in Dunedin is aUriimted to the fact that a vessel there is loading oats, and the farmers are at present "busy getting in root crops, and ihus are unwilling at the ruling rates to carb iheir supplies into market. Teuvuka gram markets' (Christchurch Pres3 correspondent) : — The grain markets during the week have ■si.own, a slight improvement, but very little business is passing, holders still standing out iirm for late reserves, which

Irayea-s are not inclined to meet except in r-niali lines to meet immediate requirements. The nibbling by millers from various sources would indicate that their stocks are not heavy ; at the same tims, there are few buyers of heavy linoa. Stocks, however, are working down, and there is yet from four to five months to go before any new wheat will be Jit to mill, as the season is a. very late one 'this year. e Winter-sown crops are now coming' along well, but spring-sown are generally poor. Indications point to a. short supply of Tuscan for next year. Oat crops have improved'during the last week ot two, owing to much more favourable weather conditions. Present stocks of oats are pretty well exhausted, and prices have hardened with <a very few offering. Old Derwents are in good demand, but none offering. The following are ruling prices : —Wheat : Tuscan 3s 6d to 3s 7cl, velvet 3s 4d to 3s fid. Hunters Ss 3d to 3s 4d. whole, fowl 2s lOd. to 2s lid, at country stations. Oats: Canadians Is 8d to Is 3d," Gartons and sparrowbills Is 7d to Is , ti£ duns Is 9d to Is 10d, Danish Is Sd to

Is 6d, at country stations. Barley (nominal) : Malting, none offering: good feed 2s 6d to 2s 9d Oatsheaf chaff: Prime 60s, fair 50s. Potatoes : £2 10s .o £3, TJp-to-dp.tes £2 10s.

i Grain and produce shipments: — The export lof grain and produce from Lyttelton for the "week- ended Friday last included the following lines': — 5194 saoks Wheat .287 sacks and 30S1 bags flour," 1529 sacks 6ats/68 sacks, meal, SlB ..sacks malt, 138” sacks- bran, 206 sacks sharps, 237 sacko pollard, 2-370 sacks ' chaff, 22 sacks poas, 25 sacks beans, 1547 sacks potatoes, 5--gunnies onions, 171 sacks seed, and 1 bales hay. , Of the foregoing 1245 sacks oats were for the United Kingdom, snd all the other kinds f Gr ' New Zealand ports.