CANTERBURY MARKETS.

Otago Witness, Issue 2894, 1 September 1909, Page 22

CANTERBURY MARKETS.

CHRISTCHURCH GRAIN AND PRODUCE REPORT. (Lyttelton Times, August 28.) The grain market remains in precisely the same position as it did a week ago, and no change in values has to be recorded. For wheat there is a little more inquiry, but generally speaking the prices asked by holders are so far above wiat the merchants consider a fair market value as to put business out of the question. The offerings continue to be very restricted, but supplies are quite equal to requirements. The New Zealand Flour Millers' Co-operative Association held .a meeting- on Wednesday, but beyond the fact that it was decided to reduce the price of bran and pollard by 10 shillings per ton, nothing has been divulged as to the business transacted. During the week lines of Hunter's" and Tuscan changed hand* on a basis of 4s 7d f.0.b., while other parcels were sold at 4s 4d on trucks at 2d btations. The oats market is extremely quiet, and the volume of business is small. Holders in nearly every case refuse to accept the prices offered by merchants, while, the latter state that in viev of London values they cannot advance their offers. The bulk of the sales made since last report have been for shipment for the North Island, and in most cases these have been made at considerably reduced prices compared with those which were ruling a few weeks ago. Potatoes are still inquired for, but supplies are ample. Derwents are the rao«t sought after, but Up-to-Dates are not wanted. Prices are unchanged. Chaff commands no attention, and during the last week few 6ales have been made. Now that feed is coming on nicely it is not anticipated fcha*- the demand will improve. Grass seed continues to be 6ent out for spring sowing, but the quantity purchased so <ar this season is considerably below the average of Tecent years, showing the area, to b© laid down to be much smaller than usual, The following 1 quotations are for purchases- from farmers, net cash, sacks extra, except where otherwise specified: — Wheat— Tuscan and pearl 4s 3d to 4s 6d, Hunter's 4s 3d to 4s 4£d, at country stai tions, chickwheat 3s 6d to 33 9d. Oats. — Dune ls 6d, Danish Is sd. Gartons A grade ls 7d to la 9d, sparrowbills ls 7d, I Canadians ls Bd, Algerians ls 7d to ls 9d. J Chaff.— Oatsheaf £1 17s 6d to £2, at country eta-fcionSi

Peas. — Blue Prussians 3s 7d to 3s Bd, partridge 3s 7d to 3s Bd. Beans— 2s lOd to 3s. Potatoes— £2 15s to £3. Onions— £3 10s to £4. Oatmeal— £lo 10s. Flour.— The New Zealand Flourmnlers Co-operative Association, Limited, quotes tho following prices per ton, local or shipping:—Sacks £10 10s, 1001b bags £11, 501b ba,<?s £11 ss, 251b bags £11 10s. Bran, £3 ss, pollard £4. Seeds.— Ryegrass Is 6d to 2e. Cocksfoot 4£d to 43d. White clover . (farmers' samples) 6£d to 7d : cowgrass 6d to 6£d. Dairy Produce. — Cheese, dairy, large sd, loaf 6d"; factory, large s£d to s|d. Butter, fresh local factory prints Is Id, second grade factory ll£d, farm dairy 9d. Hams 6d_, sides 7Jd, rolls B£d, shoulder rolls and middles (equal quantities) B£d, shoulder rolls only 7Jd. middles 9d. Lard, pats Bd, bulk 7£d, bladders Bd. Fresh eggs lOd per dozen. RANGIORA. The grain trade has been very dull throughout the week, in consequence of the absence of orders for the English market. The present price for oats leaves no opening for profitable business, and until values drop j a penny per bushel it will not be possible 1 to transact business on satisfactory lines. Wheat is a dead letter ; there are no sellers and no inquiries from buyere. So far as j potatoes are concerned. Derwente are firm at £3 2s 6d per ton, while Up-to-Dates are selling poorly at 555. There i« little demand for seed varieties, and the -nquiry from the North Island i-s 'iery light. Ryegrass seed and clover remain at about last week's quotations. There is no inquiry for chaff. ASHBURTON. The wheat market remain? jnaltered. Millers continue to purchase any lines of prime quality, but are not anxious buyers, and have not the opposition of the merchant for shipping to contend with as they had during the earlier part of the year. Prices are if anything slightly easier, and best quotations at present are: — Tuscan and pearl, 4= 4&d and 4s sd ; Hunters, 4s 3d to 4s 4d Market value for oats have been based throughout the year on London valuns only ; the drop in prices there war immediately reflected on the local market. Value for good feed Gartons in London is 18s 6d per quarter, equal, after paying all charges, to If 6^d on trucks at Ashburton, sacks extra, and this must be taiken as a -basis for current prices, showing a drop of at least 2d per bushel during the pa«t month. A Gartons and Canadians are worth ls 6£d to ls 7d, B grade ls 6d. Duns ls 5d to ls 6d, Danish ls 5d Oateheaf chaff is in very poor demand. £2 is the highest price recorded for prime quality on trucks at country stations. TIMARU. The markets generally are very quiet, with not a very great deal of business passing. Holder-, of wheat, which is now getting Into \ery small compass, arc very firm in

their ideas of value, and think that owing to the large quantity that has been ex- j ported there will be barely enough to meet j the New Zealand demand before the new crop comes in. Sales have been made dur- | ing the week at 4s 7d to 4s ?d .f.o.b. for | milling wheat. There >6 a slightly better j demand for fowl wheat, which is selling at | 4s Id f.0.b., sacks in. Oats are not offering freely from farmers, and the only outside demand is from the North Island, where j orders are being plaoed for Gartons at up to Is 9£d, and for Danish at Is B£d f.0.b., | 6acks in. For potatoes the market also '■ remains quiet, and unless export is made to Australia there does not seen- to be any >rospect of imnfediate firming DUNEDIN MARKETS. WHOLESALE PRODUCE REPORTS. Mr J. Fleming, Princes street south, reports under date the 31st inst. : — Wheat per bushel. per ton. Best milling 4/4-4/6 Oatmeal, in 25's, 210/0 Medium do ... 4/3 Oaten chaff 5?/6— 57/6 Fowls' ... 3/10—4/0 Ryegrasshay 65/O— C5/0 Milling oats J/7-J/d Straw ...25/0 to SO/0 Feed oats... 1/6— Wl Pearl barley .. 340/& Malt barley ... 3/0 cwt Feed barley 2/o—2/3 Onions, good 7/0 -7/b €«pe. barley ... 3/6 . _ per lb. Maize 5/B" Rolled bacon ... BJd per ton. Side' bacon- ... BJd Hour, in 200*8 ... 215,0 Smoked hams ... 9d Flour, in 50"* ... 2HO/& Cheese ... 6d— BJd Pollard 80/0 Good salt butter, 9d to Bran 65/0 13d. according 'to auality Good potatoes, £3 8s to £3 15s per ton. The farmers ought to class the potatoes before sending them to market. Keep out the green and small ones. Potatoes free from blight are very scarce. Good clean samples are very scarce. FABM AKD UATET PRODUCT* Messrs Irvine and Stevenson, George street, report paying for produce during the week ending the 31st inst. as follows:' — Bacon (roll), 8d yer Id Fresh butter, 8d to Ham, 8d per It. »d per lb Fresh eggs, lid dcz Salt butter : not buying Fresh butter, eood ordinary (in lib and 41b urmts), 8d to lOd per lb. Pigs, 130!b to 1601b, 4Jd. Honey, 3Jd. Fowls, 3s to 3s 6i (boiling). THE HIGH COMMISSIONER'S CABLEGRAM. ' WELLINGTON, August 30. The High Commissioner cabled on August 23: — Mutton.— Market very quiet. Canterbury, 2|d per lb; North Island, 2§d per lb. Light weights are getting very scarce. Lamb.— Market weak. An inclination to foroe sales at low prices is increasing the output. Average price for Canterbury lamb, 3&d ; average price for .North Island, BBeef.8 Beef.— Market steady, with a good demand New Zealand hinds, 3|d per lb; fores, 2ld. • . Butter.— Market quiet, butsjirm. Danish is quoted l at 117s per ewt, and Siberiau at 102s per cwt. Cheese. — Market quiet,, with a tendency .in favour of .buyers. l New Zealand is quoted at 595. - Hemp.— Market firm, but has not advanced. Business is dull, and TSFew Zealand offerings axe very small. New Zealand, good fair grade, on spot, per- torij £25 15s ; New Zealand, fair grade, on spot, per ton,' £24 15s; fail current Manila, on <pot, per ton, £25 10s. September-Dc oember shipments: New Zealand, good fair, por ton, £25 10s; New Zealand, fail grade, per ton, £24 10s; fair curreni Manila, per ton, £24 15s. The Manik output is 30,000 bales. Cocksfoot Seed.— Market steady. Ths demand is only moderate. Bright clean New Zealand is quoted at 665. Hops. — Market, firm, and prices continue ■to advance. Tha English crop is 6mal and of poor quality. Market prospeeft are favourable. English is quoted at 90i and American 100s. Wheat.— Market weaker, and there is a tendency downward on aceou/rat of the Eng lish crop having been slightly damaged X'2W Zealand long-berried wheat, on epot ex granary, per quarter of 4961b, 425; Nev Zealand short-berried wheat, on spot, e> granary, per quarter of 4961b, 41s. Oats.— Market quiet, with a tendency ir favour of buyers. New Zealand short spar Towbill oats, ex granary, on spot, pei quarter of 3841b, 25s 6d ; New Zealand oats Danish, ex granary, on f«pot, per quartei of 3201b, 21s. Beans.— Market firm, owing to reduce* supplies. New Zealand beans, f.a.q. (ne? crop), per 5041b, 36s 6d. p eas . — Market firm, with an improve! demand. New Zealand peas, partridge per 5041b, 465. I Wool.— Market remains quiet. ' FROZEN MEAT MARKET. r LONDON, August 29. ' Frozen Meat. — Mutton — Canterbur; "■ medium, 2|d ; Southland, 2Jd ; North Is • land, 2gd; best brands, 2 9-16 d. Lambs- ' Canterbury, light 3Jd, medium 2gd, hoav; ' 22d. Beef— Hinds, 3|d. Australian 6heep1 Heavy, 2j,d. River Plate sheep, 2 3-16 d. ! * NAPIER, August 26. ] The Colonial Consignment and Distribut r ing Company, London, to-day cabled th< following report: — "Frozen meat market t The mutton market is a little firmer, bu 6econd quality lamb has further decline< in value, and lower prices must be ex pected until stocks are reduced. To-day'; prices : Mutton — Canterbury, 2|d ; Napier . Wellington, and Noith Island, 2gd. Lamb f First quality, 3gd ; second, 3d. Beef , Hinds, 3|d; fores, 2|d." T CiHAFF BAGS, j The proposition in regard to the estan j lishment of a rlepot for handling chaff bags j in the Dunedin district wa3 considered ai x a coin.binod meeting of produce agents this 3 week, but fell through on account of twe firm 6 refusing to join with the other agents, , It is understood the present un=ntif.facton j conditions ir. regard to chaff bags an 1 beLns: furth-p-r considered by the stock and «tation agents aj.d the Produce Rrok€i-5 I Association, who hope to arrive at some } {dilution of the difficulty. i OAMAKU MARKETS. 1 (From Oub Own Correspondent.) I O AMARU, August 30. s T'c.c markets are still in that <3opoiifi< state that ha 3 prevailed during the past few weeks, and \e>y little business indeed .: now bong transacted. There has been 3om< half-hearted inquiry during the past week » but merchants ha\ c- had difficulty in locat ing lines, and still gi eater trouble in effect I ing a change of ownership, holders askinf i prices '. Jiich are considered by miller 3 a

out of all reason. It is generally though! now that the market will retain its dullness until the crop of the Northern Hemi* sphere has been harvested, and some real indication thus gained of the real condition of the world's supplies. As regards flour, the market is very weak owing to Australian importations, and in face of this there seems little hope of it continuing at its present level. Taking the state of the London market as a criterion, • Australia would prefer a market rr.uch nearer home than to undertake the risks involved by shipping at the present moment. Little business has been done in oats, and prices are easier. Thece has been more offering than has been usual of late during the week, but the demand is very limited, and bujfers are not prepared to do business without orders in hand. . ■ The trouble in Australia earliwr in the week caused a feeling that some improvement might take place in the potato mar^ ! ket, but life change was .not maintained, and there is a consensus of opinion that the future will not be bright. I The following -ire ruling prices- net at sidings :— Wheat : Good milling velvet and Tuscan, 4s 4d to 4s 4 Ad ; red chaff and solid I straw, 4s 3d to 4s 4d; milling seconds, 3s sd-to- 3s 6d; whoi»-fo.wl wheat, 3s od to 3s I 7d. Oats: Gartons, ls 5d to Is 6«L; D\ins>ls 5d to Is 6d; Danish* It 4d. toris,s<EL Barley (according to sample),. Is 9d to 2s2d. Potatoes: Table TJp-to-Dates, freshly, picked in good condition, £2 15s to £2 17s 6d; Derwents, freshly picked, sound, £3 to . £3 2s 6d. ! GRAIN AND PRODUCE SALES. 1 Messrs Donald Reid and Co. report:— We held our weekly auction sale of gram and produce at our stores on Monday. Suitable lines of oats, wheat, potatoes, and chaff had fair competition, but in nearly all classes ' of produce inferior and medium quality was oat of favour and difficult to j quit Values ruled as under: — Oats — CousignJftanta are coming forward ' sparingly, and stocks in stores* are now much roduced. The demand is not strong, and is confined chiefly to lines of A and B grade Cartons or sparrowbills. Buyers are operating only to fill actual orders, which are coming in slowly. Quotations : Prime mill, ing Gartons, ls 7id to ls B£d; sparrowbills, Is 7id to ls 8d; good to best feed, Is 6d to ls 7d; inferior to medium, ls 4d to ls od per bushel (sacks extra). _ Wheat — The market continues to be witn1 out much animation, and late values are» ! nominally unchanged. Millers' requirements are for the present confined to ohoice , Jots— preferably velvet— for mixing. Fowl ! wheat moves off locally at about late varaes. Quotations: Prime milling, 4s 5d to 4s od; velvet, to 4s 7d; medium" to Kood, ** Id to 4s 4d; whole fowl wheat, 3s xOd to 4s; medium to good, 3s 6d to 3s 9d ; broken and 1 damaged, £ 6d to 3s 4d per bushel (sacks , 6X I>ntatoe3 —Fair supplies are coming for1 ward. Onry prime lines are iir reqaeat. These sell readily at £3 10s to £3 15s; medium .to good, £3 to £3 7s 6d"; inferior, £2 to £2 15s. Seed lots (chiefly Up-to-THtPsl have littlfe inquiry, and are salu(S! Chaff.— The market >. well supplied wife chaff of medium- quality. This class is m poor demand, while-lower grades are almost neglected. Prime bright oaten sheaf has pood inquiry, and can be readily placed on arri-al Quotations: Best oaten £1 7s 6d to £1 lOsjper ton (pressed). 1 Messrs Dalgety and Co. report as follo^!lwe held our usual weekly auction sale of grain and produce at our etoresaa Mondayf when we offered a largo catalogue to a full attendance of buyers. We cleared most of our catalogue under good competition at auction and privately at nrices as under: — ' Oats.— The market is lifeless, no opera- • ting for shipment to any extent going on. Vessels loading last week cleared the stores of a good quantity, but did not affect theprices, as mostly all had been bought oreviously Quotations: Prime milling Gar- : tons, ls 7Jd to ls Bid; sparrowbills, Is 7d to Is 8d ; good to best feed Is 6*d to Is 7d ; l inferior to medium, ls 4d to ls bid per . bushel (sacks extra). . . Wheat.— The market remains m the same position, buyers being not disposed to come '. up to holders' ideas, and, holding fair stocks, are content to await developments. 1 Quotations: Prime milling, 4s 5d to 4s od; r ohoice velvet, to 4s 7d; medium to good, 4s 2d to 4s 4d; best whole fowl wheat, I 3s lOd to 3s lid; inferior and smutted, 2s 6d to 3s 4d per bushel (sacks exfcra). ' Potatoes. — The majority of the potatoesoffering are not in good condition, and do not meet with ready sale. Sound freshly picked Up-to-Dates are in request. Quotations: Extra prime, £3 10s to £3 12b 6d; choice, up to £3 15s; medium to good, r £2 10s to £3. - ! Chaff.— Heavy bright oaten sheaf, w-sl! - cut. meets with ready sale, but medium r and inferior is in over supply. Quotations r - Best oaten. £2 12s 6d to £2 17s 6d ; medium I to good. £2 5s to £2 10s; inferior and discoloured, 35s to 40s. Straw.— Oaten, 25s to 27s 6d per ton; » wheaten, 253 to 27s 6d per ton, pressed, : ' ex truck. I HIDE SALES. MELBOURNE, August 26. ' At the hide sales to-day th&re was an ! excellent market, and prices weir© very firm ! for all classes. CLEARING SALES. Messrs Donald Reid and Co. report as follows:— On account of Mr Chas. Guthne, Owaka. we held a most successful sale 1 of dairy cows, horses, and general form ; implements or Thursday, 26th ult- Despite the boisterous weather there- was a 1 capital turn-out of dairymen and others interested, and the cows, which were a fine herd, met with a particularly good s ! sale, young cows close to profit ranginer up to £9, while the general average oE the whole herd was over £7 per head. 1 A large number of outside entries were also offered, and the dairy oowb ranged at from £5 5s to £7 17s 6d, while heifers sold at from £5 2s 6d to £7. Implements,■horses, harness, etc., brought full rates, and a satisfactory clearance was made of all the sundries. Altogether the sale was . one of the best held in the district for some considerable time, and the class of , dairy cows submitted reflects credit on be- > half of those offering them for sale, the' demand ruling at present in the Owakft '. j district being very keen for all young! . I cows sound and close to profit. ■ I On Friday, 27th ult., on behalf of Mrt 1 Bryce, Stirling, we submitted her dairy

herd, a select lot of cows mostly bred by cMrs -Bryoa, and showing evidence of having . been carefully culled, • the_ class being above\ ifte average in point of quality. The weather .was very rougb and wet, but -c splendid, rijuster of buyers attended, the -dairy Aows being. - noted in -the Stirlin.tr and surrounding districts as a particularly . -liigh class lot. Top prices at" the . sale were £10 7s 6d,~Ur(r 2s 6d, two at £9 2s 6d, .the balance at £7 to £8, the Average for the whole herd being £8 per head. A gratifying feature of the sale waß the support accorded by neighbouring dairymen; only a very small proportion of the herd going out of the district. Horses, farm implements, and sundries realised full rates. i Mesre Stronach, Morris, and Co. report having held a clearing sale on account of Mr T. D. M'Levle, Greenfield, on Thursday There was not a very large attendance of buyers, but all present- were intent on business, and the result was a very satisfactory sak>. Mr M'Levie's horses were competed for, and cold fully up to high rates ruling, am? two yearling foais also brought £9 and £10 5s respectively . All sundries. Implements, etc., also sold sxferemely well. The National Mortgage and* Agency 1-ompany reports having conducted one of the most successful clearing sales that have been held in Southland, on Wednesday last, on account of Mr Alfred Duncan, of Waino The attendance was large between 400 and 500 persons being present. Mr Duncan has been noted for keeping splendid horseflesh, and it was not surprising to see buyers present from all over Southland, whilst there were several present from the Taieri.; The arrangemen $*. m ade for the sale were all that could be desired. andi;hrough- the kindness <>f the local district traffic manager {he • Fwn-was detained. 20 minutes, thus allowing buyers from a distance to return to lnrercawll after the sale of horses was over. The sale started with the pedigree *nax«e, and' as was expected these -proved to be a splendid lot. -and. along with the draught geldings, called for much favourable comment. The owner had spared ro time and expense in having the animals properly done un for sale, - and the prices obtained showed he was well repaid for the trouble taken. The following are the chief sales:— Bay mare Rose. sire Craifipevar, dam by Extinguisher, 70ps the purchaser being Mr John Ewan. of Drummond. Bay mare Lucy, sire Young Kelvin, dam by Prince Rupert, grand dam by Hero, 52gs, to Mr A. Allison, of Clorkeville. Bay mare Bell, sire Young Kelvin <lam by Lord Salisbury. 51gs, to Mr A. Lindsay, Isla Bank. Brown mare Mag, sire Lochnagar, dam by Extinguis' -r oOgs, to Mr Win. Swap, Otautau. Bay raare Kate, sire Better Times, dam by t m - a ?' i Og *' to Mr Andrew Chrystai. Lochiel. Bay mare Gyp, sire Gethland dam by Craigevß.r (Svre), 26jrs. to Mr a! Allison. Clarkeville. Th© geldings soldiBay gelding Charlie. 6yrs old, £44; bay gelding Tom. 6yrs, £40; chestnut gelding Lofty, 4yrs, £40; bay gelding Prince, 4vrs *39; bay gelding Star, 6yrs, £36. The light horses sold from £17 to £31. Only ■a small lot of 6heer> were offered and mostly aged, but sold at full market values. The implements and harness were in splendid order, and sold at erceptionally flood values. Wide-tyred waggon. £40 10s : • Duncan drill, £32 10s ; swamp plough, £22 10s • riderer, £18 7s 6d; roller, £17; cultivator, £11; cultivator" and seed box, £11 40s; seed sower, £18; disc harrows. £13 10s. The harness sold:— Collar and hames. 27s 6d; fancy winkers. 20s; cart saddle and breeching £3. Besides, the above there was also' a very large quantity of implements and" harness 'and sundries which «old extremely well.