CANTERBURY GRAIN AND PRODUCE MARKET.

Otago Witness, Issue 3470, 14 September 1920, Page 14

CANTERBURY GRAIN AND PRODUCE MARKET.

(Lyttelton Times.) CHEISTCHTJRCH, September 10. The position in tlie grain and' produce market remains practically the same as at mid-week. Oats are back at last weeks level, and further fluctuations appear likely. A. number .of sales took place yesterday at 4s 463 f.0.b., sacks in—in the main foot extended delivery—as against 4s 9d, the price which the market reached at the end of last week. The market for potatoes remains tuv changed, growers and merchants awaiting further developments before entering Into commitments. In the other lines of seeds, grains, and produce, business remains practically at a standstill, and there is no change to record in quotations, apart from whita clover, which is easier. The following are the prices paid to farmers at country stations, free of commission, sacks extra, except where otherwise stated:— Milling "Wheat. —September prices—--7s 5Jd, f.0.b.; Hunters, 7s ejclj Pearl, 7d Ilia. li ' Oats.—Cartons (nominal), 3s 3d to 8s 5q per bushel; Algerians (nominal), ss. Barley (nominal). —8s to 9s a busneL Cape Barley.—7s. Oatmeal.—2slb bags, JB3B per ton; 71b bagßj £37 per ton.

Oatsheaf Chaff— £5 10s to £6. Italian Ryegrass. —6s 3d. Perennial Ryegrass.—6s 6d. T Cocksfoot. —lOd to la Id. Red Clover.—ls 6d to Is 10d. White Clover—ls lOd to 2s. . Partridge Pegs.—Bs 6d to 9s, according to quality: Prussian Blue (nominal), 8s to 9s, Blue Imperials, 9s Ud to 10s ; White Ivories, 9s to 9s fid. . Flour. —Accord inf 'o Government prices, £l6 10s per ton, f.0.j.., Jyttelton, Timaru, and Oamaru. , • Bran.—According, to Government prices, £7 16a per ton, f.0.b., main porta; pollard, £9 15s. Local prices: Bran, £5 8s; pollard, ±lO ss. Potatoes.—£2. Onions.—£lo to £l2. Linseed. —£26 a ton. ' SOUTHLAND MARKET REPORT. (From Our Own Correspondent.) ' INVERCARGILL, September 11. There is if anything a feeling of greater confidence in the future of the oat market owing to various inquiries that have bean made during the week for oats for shipment overseas, despite the fact that sales have been made by northern houses at prices quite Is per bushel lower than local merchants quote. So far as holders are concerned tney are looking on contentedly with the full knowledge that oats are extremely scarce m tnis locality, and that prices eventually will rise considerably, as even though the year is getting on it must be at least seven montns before anything in the way of new oats locally are fit for consumption. The same tone prevails in the chaff market, and though northern values of- oats should induce a lowering tendency chaff is still on a parity with local ideas of eat values; really prime quality still finding a ready sale at £7 5s on trucks, while this might be exceeded somewhat at handy sidings. , , . There has been a certain amount or inquiry from the north during the week for - ryegrass, but I am unable to bear of any actual business being transacted, tbe reason for this being the fact that merchants’ stocks are in all probability not more than what is necessary for local consumption. Farmers are sowing down this season to a considerable greater extent than last year. This applies', not only to laying down for pasture, but also the acreage going into oats and wheat. There has been a little inquiry for hemp, but prices are hardly, sufficient to warrant anything like a revival in this industry. Low fair is worth £3l on trucks, and high fair £32. OAMARU MARKETS. (From Our Own Correspondent.) OAMARU, September 11. The local grain and produce market has .been absolutely devoid of business during the week, not a single transaction of any kind being reported. Inquiries have led to the discovery that there still- remain a few lota of wheat to come upon the market, and, with dry weather and better roads for carting, these are expected to come forward .goon. As to oars holders who were keyed up to roseate anticipations by the reported big rises in prices in Canterbury a week ago have again become depressed by the announcement that values have receded to the old level. But there has been little disposition to quit and make a first loss rather than continue in a state of uncertainty. Though the position is still puzzling, there is a feeling that there will come a fresh recovery. RABBITSKIN REPORT The Dunedin Woolbrokers’ Association (Dal gety and Co., Todd Bros., Donald Reid and Co., the National Mortgage- and Agency Company, the New Zealand Loan and Mercantile Agency Company, the Otago Farmers’ Cooperative Association, Stronach, Morris, and Co., and Wright, Stephenson, and Co.) reports having held its usual fortnightly sal© of rabbitghins, when fairly large catalogues were offered to a full attendance of buyers. Prime winter skins were keenly bid for, but lower grades were disposed of at prices much on a par with last sale. W© quote: —Runners and suckers, IOJd to 12d; light racks, 20d to 21£di; racks, 23|d to 25id; summers, 18d to 193 d; autumns, 48d to 50d; early winters, 63d to 66d; incoming, 69d to 62d; .outgoing, 54d to 60d; milky, to 30d; weevily, 14d; prim© does, 117 d; prime bucks, 77a; first does, 96d to lOOd; first bucks, 69d to 72d; first winter black, 272 d; winter black, 200 d; autumn black, 48&d; spring black, 32Jd; first fawn, lOOd; hareskins, to 80d; horsehair, 27td; broken, 44d;. catskins, Is 2d. Mr R. S. Black, New Zealand agent lor Messrs.- Fans ten Bros, and Co., of St. Louis, received the following cable from that firm on the 6th:—“At the request of the North American fur trade our Fall sale, scheduled for October 4, 1920, is indefinitely postponed. Please notify all shippers who have gent us furs, or for whom we hold furs, to be offered in our October sale. They may withdraw any or all of them upon payment of advances and charges against same. Prospects of immediate future good at present basis prices. Outlook for future very encouraging, positively. Notify all shippers accordingly." CLEARING SALE AT STONY CREEK. Stronach, Morris, and Co. report having held a successful clearing sal© at Stony Creek on Tuesday, 7th inst., on account of Mr Joseph Dunstan. There was a large attendance of the surrounding public, and competition for everything offered was keen. The horses were an exceptionally good lot, and realised the. following prices: —One six-year-old mare, 62gs; one four-year-old gelding, £56; one four-year-old gelding, £53; one aged mare, £43 10s; one aged gelding, £3B; hoggets, 26s Id; wethers, 44s 6d; dairy cows, £l9 10a. Implements, etc.,- also realised satisfactory prices. SALE OF MOSGIEL PROPERTIES. Donald Reid and Co. report having offered by public. auction on Saturday lust, under instructions from the- executors in the estate qf the late Dr Allan the following properties situated in the town of Mosgiel:—A sevenroomed house, together with one acre land, and also a number ef "hwn sections. There was a large atendance at the sale. Bidding for the first-named property commenced at £SOO, and quickly ran up to £570, at which price it was knocked down to the bid of Mrs M. Harty. The town sections (area about 1J acres) were bought by Mr Pilling for £374. PROPEBS7T SALE. Park, Reynolds (Ltd.) .offered at auction on. the Bth the late Mr George Joachim’s property at English avenue, Mornington, containing one acre three roods and house of 10 rooms. It was, after good bidding, . disposed of to Mr A. R. Wallis for £3300.