CANTERBURY MARKET QUIET

Taranaki Daily News, 29 November 1930, Page 7

CANTERBURY MARKET QUIET

SOME ACTIVITY IN POTATOES. t>y Telegraph.—Press Association. Christchurch, Last Night. There is very little activity in the grain and produce markets at present and the inclination towards any forward business is not strong, merchants preferring to wait until some better line on probable prices next year may be secured. a . Potatoes which usually stimulate a considerable amount of interest in regard to forward business at this time of the season arc showing a little movement. A few lines have been bought at £3 a -ton on trucks, while the more general quotation is a shade above that figure. Auckland merchants are not eager to speculate, but offers have been made of up to £4 5s a ton f.o.b. sacks in. The old season’s crop has been practically cleared, although there are still odd lines being delivered at prices which range from 3,0 s to 35s a ton oil trucks to growers. The backward season has meant that many paddocks which would have been closed for seed purposes will now Jje u-razed, and this has led to the opinion that there will not be the are* in seed this season that was anticipated. At present there is little mention of quotations. There is some activity in the market for export white clover, but of that class there is not a great deal offering. White clover has been a fairly steady market for some time in Britain and reports are still encouraging. One other fairly cheerful section of the market is that for peas, for which there is a fair inquiry. Quotations are 4s 9d to 5s for No. 1 and 4s 2d to 4s Gd for 4’s.