LATE COMMERCIAL

Southland Times, Issue 17764, 24 September 1914, Page 6

LATE COMMERCIAL

CANTEB3UEY SCtASKETS. GRAIN AND PRODUCE. CHRISTCJIURCII, September 25. The grain anil produce trade remains very much in the sa.me position as it has been for a couple of weeks, very little trade of any description passing, ami at present ihere aro no signs to indicate that anything in the shape of a boom may be expected in the immediate; future. Growers still continue to offer parcels of wheat, principally of moderate dimensions, but in most cases the prices asked are above the merchants’ limits, and the result iias been restricted business. Millers anti merchants are still prepared to pay up to 5 - per bushel on trucks at country stations for first-class milling samples, but iff many eases this price is not sufficient to tempt holders. It is reported that in one case a grower refused 5/3 on trucks, hut instances of offers up to this level aro few. Except in cases where wheat of very exceptional quality is submitted, buyers’ limits aro 5/-. The oat market is unchanged, prices remaining on the same level as they were last week. X ery little grain of super quality lias come forward lor some Lime, the bulk being of secondary grade. The Home market at the moment is anything hut brisk, and naturally this has been reflected on the colonial market, and merchants are not nowshowing the same keenness os they did a few weeks ago. A little business is being done in chaff at unchanged quotations. It is understood that ;t number of people who intended to convert their oaten sheaves into chaff have changed their minds, chaff not offering a sufficiently alluring prospect, and they have now resolved to thresh, considering that by doing sit they will receive a better return for their labour than if they cut it into chaff. The potato market is lethargic, and buyers are entirely indifferent about purchasing. The quantity offering Is relatively small, few. growers eating to go to the trouble of opening their pits while values remain at their present low level, while many aver their resolve to feed their tubers to the stock rather than accept the prices noncurrent which range from 30/- to 35/per ton on trucks at country stations. The following quotations are for purchases from farmers, net cash, sacks extra, delivered at country stations: — Wheat. —Nominal 1/7 to a/-; fowl wheat 4/'-. ■ . Oats. —Gartons 2/- to 2/<, Algerians 1/9 to 2/-. Duns 1/9 to 1/11. Danish 1/8 to 1/10. Potatoes —30/- to 35/-. Chaff —£2 10/- to £2 15-.