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CANTERBURY MARKETS.

GOOD DEMAND FOR POTATOES. Christchurch, Last Night. The demand for potatoes continues to be firm, whites being worth £3 10s on trucks at country stations for June delivery and £4 for July delivery. Growers are not showing any keenness to do business, some of them making no secret of their intention to hold back their offerings for a better figure, and the wet weather, which is now being experienced, is having the effect of holding up digging operations. By the Katoa, which is expected to leave Lyttelton to-night, it is expected that about 5000 sacks will be sent north; Trade in onions seems to have stopped owing to Auckland buyers making purchases from Melbourne. Some demand is still expected from the south, but it is generally regarded that the onion business is practically at an end. A fair-sized parcel of wheat, was purchased to-day on the basis of 5s 6d on trucks at country stations, the buyers, a firm of millers, stating that they could have obtained more had they required it. Generally speaking, however, those who desired to sell have already dene so, while the others are prepared to keep back any wheat they have in hand. Oats are still firm, 3s 6d per bushel f.o.b. sacks in being paid for A grade Gartons. Earlier in the 'week they eased to 3s 4Jd, but soon improved on this figure. Chaff is bringing £3 10s on trucks at country stations, but the business being done in this line is email owing to farmers withholding supplies for their own use. Trade in other lines remains quiet. LONDON METAL MARKET. By Telegraph—Press Assn.—Copyright. Received May 31, 8.5 p.m. London, May 30. Copper. —Spot, £54 os 7Jd; three months, £54 18s 7Jd. Lead.—Spot, £24 7s 6d; three months, £24 13s 9d. Spelter.—Spot, £2B 10s; three months, £2B Ils 3d, Tin.—Spot, £294 2s 6d; three months, £286 Is 3d. Silver. —Standard, _26 9-16 d per on; fine, 28 11-16 d per oz.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/TDN19270601.2.98

Bibliographic details

Taranaki Daily News, 1 June 1927, Page 9

Word Count
330

CANTERBURY MARKETS. Taranaki Daily News, 1 June 1927, Page 9

CANTERBURY MARKETS. Taranaki Daily News, 1 June 1927, Page 9