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CANTERBURY MARKETS.

(Lyttelton Times, September 17.) The weakness in the wheat market both at Home and in the Commonwealth is reflected to a. certain extent locally, when.-, although fchpre has been no appreciable droo in values, the market is a shade easier. and except at prices somewhere in the vicinity of 3s per bushel, on trucks, at convenient country stations, exporters ara indifferent about operations, and even at these figures the market lacks briskness A fair amount has been placed on the market during the last few days, nearly all foe-ins of secondary frrndc, but there is still a strong disposition on the part of holders not to accept merchants' offers, with the result that the volume of business has been small. The oats market is very dull, and the amount that is being placed' on the market is very small. The great 'bulk of this cereal lias now passed out of u rowers' hands, but the few '.vho still hold stocks show no anxiety to accept current, prices. Supplies of potatoes still continue to reach the northern part of the Dominion from Australia, and this has tended to reduce shipments in that direction, bst, notwithstanding this prices locally have not suffered to any extent, and the present value runs from £6 10s to £7. Snprfks" arc very short, few lots, except of small proportion:-!, having been placed on the market during the last few days. It is stated that the Melbourne quotation for shipment to the Dominion is £5 7s 6d, f.0.b., at Melbourne, and' local merchants consider that with the prices rulinte here it in impossible to compete successfully for the North IslaiKl trade. The following quotations are for pur-

chases from farmers, net cash, sacks extra, excent where otherwise specified : Wheat—Extra prime velvet to 4e (nominal), milling 3s 6d, extra prime to 3s 3d, chickwheat 2s 9d. Oats—Duns Is 8d to Is 9d, Danish Is 7d; Gartons—A grade Is 9d, B grade Is 8d; eparrowbills Is 9d, Algerian to 2s. Barley (nominal) —Feed 2s, malting 3s to : ss, according to qualitv. ' Chaff.— Oateheaf £2 10s to £3 at country stations. . Potatoes—£6 10s to £7. Beans (nominal) —3s. Peas—Partridge 4s 2d to 4s 3d, blue Prussians 4s 9d to ss. Onions, £3 tier ton. Oatmeal, £l2. Flour—The New Zealand Flounnilteis' Cooperative Association (Ltd.) quotes th« following prices per ton, local or shipping: Sacks £9, 1001 b bags £9 10e, 501 b bags £9 15s. 251 b bags £lO. Bran £3 ss, pollard £5. Seeds—Ryegrass (nominal), Italian 2s 6d to 2s 9d. English 2s 3d to 2s 9d, cocksfoot (nominal) 4id to 5d ; white clover (farmers' samplei) 6£d to 7d; cowgrass 6d to 6id, white clover to 3d. Dairy Produce —Cheese, dairy, large ojd. loaf 6d, factory large sjd to 6d. Butter, fresh local factory prints Is 2d, second grade factory Is Id, farm dairy 9d. Hams 9d, boneless hams 9d, sides 6gcl, rolls 7d, should*! rolls and middle© (equal numbers) 7id, shoulder rolls only 6Jd, middles BJd. rolled hams Bid. Laard, pats V 2 d, bulk 7d, bladders 6d. Fresh eggs 9jd per dozen. ASHBURTOX. The turnover of wheat for the week ha:j | not been large, offerings by growers being t few, while neither millers nor merchant.-; I are operating to any extent. Prices generally show a tendency in 'buyers' favour, ! even in the case of best-quality samples, ! while under-grade damaged wheat, is nor I inquired for. Prices are : Best undamaged ' milling pearl and velvet 3s> 5d to 3s 7d. ; best undamaged Tuscan and Hunters 3s 2d to 3s 3d, f.a.q. parcels 3s to 3s Id, un- , damaged wheat 2s 8d to 2s lid. whole fowl wheat 2s 6d to 2s 7d, all on trucks at staf- ■ tions. Quotations for oats are as follow: i A grade Cartons is 7Jkl to is Bd. B grada Gartons is 7d to Is 7id, best duns is 8d to Is lOd, lighter Is 6d to Is 7d, Danish Is 6d to Is 7d. Prime, bright, heavy .samples of oateheaf chaff are saleable at £2 17s _6d on trucks. Inferior is not ini quired for. TI.MARU. Business in milling qualities of wheat J continues quiet, mills having sufficient for immediate requirements. Wheat of un- ' doubted quality, however, is getting into ! fairly small compass, and holders are firm ; in their ideas of values, which arc as • follow : Velvet 4s Id, Tuscan and Hunters 3s 6d. f.0.b., sacks extra: fowl wheat P.? j lid to 3s, f.0.b., sacks in : seconds, for ■ which there has been good demand, 2s j fed to 3s on trucks at Timaru. A rather i better demand has set in for oais for coastal shipping, but the quantity available is small and the bulk of the business : done is for local trade. Quotations are: Gartons Z 3 to 2.s Id, duns 2.S 3d to & 4<], f.a.-b.. sacks in. Danish stocks are depleted. There arc no potatoes cifcring from farmers, and it would seem as if ix> ooneiderable business could be don.? from lb-is district. A few lots of barley have been placed, but thero is not much demand. Prices range frcl~n 2s 6d to 2s 9d, f.0.b.. sack:-; extra. |

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/OW19100921.2.17.23

Bibliographic details

Otago Witness, Issue 2949, 21 September 1910, Page 22

Word Count
859

CANTERBURY MARKETS. Otago Witness, Issue 2949, 21 September 1910, Page 22

CANTERBURY MARKETS. Otago Witness, Issue 2949, 21 September 1910, Page 22

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