CANTERBURY MARKETS

Otago Witness, Issue 2801, 20 November 1907, Page 20

CANTERBURY MARKETS

' CHRISTCHURCH GRAIIST AND PRO. ! DUCE REPORT. : (Lyttelton Times, 16th inst.) ■ t Transactions in the grain and produce , markets since last report have been few > and unimportant. The rains enjoyed in the Commonwealth are having an appreciable effect on the local wheat market, and values are decidedly easier. As a result of buyers holding off and holders being unwilling to accept a lower price than 6a per bushel at | country stations, there have been few sales. ! The price of oats remains unchanged, bui the market continues firm. The volume of business has been small, the few lot 9 chang-i ing hands being for local requirwuents. There ia no export demand. A sale is re« ported of 1000 bushels at 3s 8d on trucks aft , Jtakaia. There ha 9 been another slump in pot*, toes, and they are now unsaleable at front I £4 to £5 per ton \t country stations. The following quotations are for purchases • from farmers, net cash, sacks stra, except | where otherwise specified: — t "WTieat.— Prime " milling 1 , 5s 63 &l countr* > stations. 5 Oats (nominal).— Prime duns, 3s 6d; Cana« J dians, sparrowbills. and Gartous, 3s 6d: | Danish, 3s 66*. at country stations. ; Chaff.— Oatsheaf, prime bright, £6 5s- afi , country stations. Ifeas.— Partridge and Prussian blue, 4s to 4s 3d at country stations. Beans, 3s 6d to 3s 9d per bushel, at . country stations. . Flour.— The New Zealand Flourmillers* Co-operative Association (Ltd.) quotea th« following prices per ton, local or shipping:) Sacks, £14; 1001b bags, £14 10s; 50lb bags, £14 15s; 251b bags, £15. Oatmeal, £18. f Potatoes, £6 f.o.b. ; Seeds. — Undressed farmers' lines red clover 7jd to 8d; white clover, nominal; ryegr*ss> nominal. Dairy Produce. — Cheese, dairy, large, 6d; loaf, 6id; factory, large. 6id to 6!d. Butter, fresh local factory prints, lid; bulk, lOJd; second grade, lOd; farm separator, 9Jd; farm dairy. Bd. Hams, Bid; rolled aides, 9d; Bidea7 BJd. Fresh eggs, lOd. New honey, 4id r | to 4Jd per lb. ' j - RANGIOKA. s > There has been a quiet feeling in th'a , wheat market at Rangiora during the past ( week owing to the outside indications point- [ ing to more favourable prospects, but tho latest messages from London reporting an . advance may further strengthen the market here. However, there is very little "wheat ( offering, any lots being small, and in conse- , quenoe it ia difficult to give the true market! r value, which is nominally at 5s 6d to 5s 9d por bushel. Several lines of common to goocl j feed oats, aggregating about 2500 bushels, . have been sold during the week at 3s 3d to 3s 4d on trucks at Rangiora, bul good milling; would command 3a 6d. Stocks in growers* j hands are, however, about exhausted. Potatoes have experienced a. decided drop irtf [ prices, and the market in the meantime- is ' rather demoralised, prices being £5 to £6 ' for Up-to^Dates and Derwents respectively. ' Chaff has been in good demand at £6 per ' ton for oatsheaf and £2 for oat-straw. Other • lines of produce have not altered in prices. i ; ASHBURTON. ' Wheat.— Very little at all was done in th* - grain market last week owing to the holidays-, ' but since then inquiry for good lines has ' resumed. At the same time buyers' rates ' have been affected by the falling values ixk '■ London and likewise in Australia, and price* 1 may be quoted lower by 2d a bushel. Sup- ' plies are so short that a return to the ' higher rates may "be looked for very soon , unless a further fall occurs in the London: ; market. For prime milling, mired lines, 5s i lOd is the price offered by buyers, but ; Betters are disinclined to accept anything- • under 6s. Oats are practically off the market. Ai ■ few email lines come to hand, but are. > eagerly purchased for local uae «t 3s 9dj . to 4s for good heavy feed quality. Oateheaf Chaff. — Inquiry haa not been. quite so good, mainly owing to the high '. rates asked for by sellers. Sales have beeni made on the basis of £6 on trucks, sacks extra, but so far this has not been exceeded 1 . , Sellers are asking £6 2s 6d to £6 ss, and business is at a standstill. | TIMARU. (Herald, 16th inst.) "Wheat.— Although the cable received from '. London on Thursday announcing » slight • improvement in the wheat market haa i had a reassuring effect in Timaru, buy«r« . are cautious? and will not venture to pur- : ■ chase until the atmosphere has become | ! somewhat clearer; consequently, with na . sales to report during the week, it is difficult ' to fix any nominal values. , Seller* at re» mote stations, suoh as Ashb'urton and Waimate are- asking 5s lOd on the spot, boi that 'it is safe to say 6s per bushel is still the nominal value here. Oats.— The oat market is very firm, with, values ranging from 3s lOd to 4s, f.0.b., Timaru. A few small sales of Gartons hay« been made during the week at 4s. Potatoes.— Owing to the outside marketH being fully stocked potatoes for export ara quite unsaleable here. To show how different are the opinions of holders on the stata of the market it may be stated that lots have I been offered! at prices varying from £3 10a , to £6, but in many cases the cheap lota would require picking over before being put to retail. TIMARU SKIN AKD WOOL SALES. At the fortnightly sales, held on Wednesday last, there was a very good cata-> logue, but prices showed a slight decline-, in come lines there being a drop of jd tot Id per lb. Prices ranged as followB : — Skina — Halfbred, 7d to BJd per lb, 4s 9d to 9s Ml each; three-quarterbred, 6Jd to 8d per lb, 5s 7d to 7s 6d each; crossbred. 7d to B<l per lb; 5s to 8s each; merino, Ed to 7}d|