THE MARKETS.
SOUTHERN GRAIN AND PRODUCE. Per Press Association. Christchurch, February 7. There has been a fair quantity of wheat offering during the interval between the present and last report, mostly from North Canterbury district. There has been a good demand for wheat from Waikari or on similar country, and millers have been giving 3s 1)4(1 to 3s sd.for it, most of the sales having been made at 3s This wheat is especially useful for early milling and invariably commands the highest price early in the season. There is not likely to be any export of wheat this season. The local price is now above export value, but the market will be practically ruled by the price at which Australian flour can be landed in New Zealand.
Oats are offering pretty freely, Duns being plentiful, but they are inostty light, and there is no demand for any but good samples. Owing to the difficulty of making profitable saies merchants are not inclined to give more than Is lid or Is 113£d at the outside for Gartons.
Barley is coming forward in nice condition, but the proportion of prime quality is not large, the bulk being light. For prime malting 4s is being paid. There is a fair quantity of Cape barley and ryecorn offering, and the price offered for both descriptions of grain is 2s at country stations. The grass seed market is weak, and Is 3d to is 9d is the general range of prices. Not much business is yet being done in cocksfoot, and the prices range from 3d to 4d. The white clover crop is an unusually proline one, and the seed that is being offered is much above the average in condition and quality. Up to lOd per lb is being offered for prime samples. Offers are now being made of £4 per ton for early varieties of. potatoes for March delivery. It is not known yet how the crops will turn out. They look well, and the late rain will have considerably benefited them.
STOCK REPORTS. Dalget.y & Co., Ltd., report on their Palmers ton North sale as follows :—Small entry of sheep and cattle came to hana. Quotations: — Mixed shorn lambs to 8s 3d, store cows £2 Cs, bulls £3 7s 6d, fat oowb £4 10s.
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Bibliographic details
Rangitikei Advocate and Manawatu Argus, Volume XXXVII, Issue 1056, 8 February 1913, Page 4
Word Count
381THE MARKETS. Rangitikei Advocate and Manawatu Argus, Volume XXXVII, Issue 1056, 8 February 1913, Page 4
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