THE LOCAL MARKETS.
.' The offerings; of grain on the local market at the present time are exceptionally small. and there is a consequent lull in business though values are being weli maintained. Holders of wheat are holding off at present by reason of the confident feeling which exists among those best qualified to form an opinion that before very long there will be an increase in values. The few lines lately on offer were mostly of inferior quality, and the prices they commanded are no criterion of valves. Tuscan has been sold during the week at 3s ajul 3s 6d, ;country stations. Tin so were lines of inferior quality, and were wanted for .shipment. Velvet and Red Chaff, are. most in demand., and any good lines offering can be readily disposed of. Good Tuscan is worth 3s M to 3s 9d. Rod Chaff 3s lOd to 3s lid, and Velvet 4s to -is Id (the latter for extra prime parcels) ' a!! delivered Timaru. The oat market shows a _ slightly, better tendency owing to th's cereal being firmi-r at Home, and the reduction in freights from 25s to 20s is inducing some shipping business. A grade Gartoiv; are worth Is 9d. 13 grade. Is Sd. Danish Is Gd to Is 7d, and Duns Is Bd : tb Is 9d, on trucks. , ' There is not-much doing in oatsheaf chaff which is quoted to-day at £2 10s on trucks country stations. The potato market is still not very active though there is a little shipping business now with the North Island. Local buyers are offering £3 ton, f.o.b. It is stated that the demand for potatoes would have been better here, hut for some North Canterbury holders cutting the price in order to secure North. Island orders. Although potatoes were being sent from Timaru to Oamaru a-short time back. Oamaru is now filling ardors for the North Island. There is aj'widc variety in the ouality of the red clover seed which is offering, •Pome lines being, -b'lrtly d ; s"o'oured by vOie weather.' "Co'"to "d.per lb. has "been paid this.iwck forgped samples, and Gd and 6i3 for medium quality...-■■ :
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Bibliographic details
Timaru Herald, Volume CI, Issue 15395, 11 July 1914, Page 10
Word Count
354THE LOCAL MARKETS. Timaru Herald, Volume CI, Issue 15395, 11 July 1914, Page 10
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