COMMERCIAL.

Taranaki Daily News, 10 March 1923, Page 5

COMMERCIAL.

CANTERBURY MARKETS. THE WHEAT POSITION. By Telegraph.—Press Association. Christchurch, Last Night. Wheat is being offered in particularly heavy quantities, and some millers have alr?ady acquired a big proportion of their an- ’ mini requirements. The basis is 4s Gd per bushel for Tuscan, failing the ratification cf the growers’ and millers' agreement, but naturally the agreement figure of 5s Id-to ss. 5d for pearl rules if the agreement receives . official cognisance. An official pronouncement • in the matter is anxiously awaited, as is also a statement as to the duration of the embargo against the importation of Australian fldur'and wheat. One of the reasons of the very free offerings of wheat is that the yield from North Canterbury is the best for years, returns of 40, 50 and up to 00 bushels being unusually common. The mid-Canterbury-yields also promise well, but the reverse side is presented from further south. In North Otago, and to an extent, in South Canterbury, the yields are turning out badly. Oats.—Values are up to 2s 9d for* white oats at country stations. Algerians naturally at this period of the season are inclined to ease, and up to 3s at country stations is the average quotation. Chaff.—Up to £5 at country stations. Barley.—Five shillings a bushel at wayside stations. Ryegrass, both perennial and Italian, is difficult to procure, and there have been instances of up to 5s 3d at country stations being paid for perennial. White Clover.—Quotations are from Is 3d to Is 6d. Dressed cocksfoot. —The limit of offers is 5%d at the bays. Potatoes.—Talk of blight in the principal potato-growing districts in Canterbury, and reports from further south, as a result of the wet weather, are helping to firm growers’ ideas of prospective values. For immediate shipment up to £4 has been paid at closeby country stations, but the general figure for March-April delivery Is about £3 15s. MEAT PRICES. Wellington, Last Night. The New Zealand Meat Producers’ Board advises that the following prices were being offered on March 8, 1923: Auckland.—Wethers. 641 b. and under, 5%d; prime woolly lamhs, 421 b. and under, B%d. 431 b. and over B’4d; second quality lambs B%d. Poverty Bay.—Wethers, G4lh. and under. 5%d: prime woolly lamhs, 421 b. and under B%d. 431 b. and over S’4d; second quality lambs R*,4d: prime ox beef 20s rer lOOlbs. : second quality ox beef 18s per 1001 b. Hawke’s Bay.—Wethers, 641 b. .and under, 6d; prime woolly lambs, 421 b. and under., 9%d, 431 b. and over B%d; second quality lambs B%d. Wanganui.—Wethers, 641 b. and under, sd: prime woollj’ lambs, 421 b. and under, 9%d, 431 b. and over B%d; second qunlfty lamb B%d; prime ox beef, 20s per 1001 b.: cow beef 15s per lOOlbs.; heifer beef 17s (Id per lOOlbs. Canterbury.—Wethers, 641 b. and under, 6%d: prime woolly lambs, 421 b. and under, 10 %d. Southland.—Wethers, 641 b. and under 6M<d : ♦ jirime woolly lambs, 421 b. and u n dex 9%d; iMflond quality lambs 9d.