PRODUCE MARKETS

Timaru Herald, Volume CXLVIII, Issue 21575, 10 February 1940, Page 13

PRODUCE MARKETS

CANTERBURY By Telegraph—Press Association CHRISTCHURCH, February 9. There is little activity in any line except wheat in the Canterbury grain, seed and produce markets. Wheat continues to come forward freely. A few Dun oats, for which merchants’ quotations are unchanged, at 4/3 to 4/9, have been offered, but not many samples of Gartons are reported. Nearly ali the cocksfoot so far submitted has been poor, and it looks as though growers may have difficulty in disposing of light weight seed this season. Merchants are still offering up to 5/6 and higher for best samples of Italian ryegrass, and from 5/- to 5/6 for Perenniel, but many growers seem content to withhold supplies in the meantime. White clover is unchanged at 1/to 1/6. The potato market remains inactive with merchants still offering £3/10/and growers disinclined to break £4. DUNEDIN By Telegraph—Press Association DUNEDIN, February 9. New season’s wheat is now available in Central Otago and is being accepted by millers further south. Strong winds that have been experienced this week may have a serious effect on standing crops. They will also cause some trouble in harvesting which has commenced on the Taieri and further south. Where crops are not ready for cutting they have been flattended in some districts as a result of high winds. A spell of fine weather is now badly needed to enable wheat to be saved in milling condition. Fowl wheat remains unaltered. Odd lines of last season's wheat are still on offer, but local distributors have fair stocks, and are not keen to operate. Small lines from southern districts are being sold ex-stores at round about 6s 3d a bushel. Importations of Australian wheat are still arriving in the North Island, but most of this wheat is being distributed for poultry purposes. Southern grown oat crops are expected to be of good quality, and it will not be long before samples will be received. In the meantime inquiries are being received from the North Island for last season’s A Gartons to meet immediate requirements and sales have been made at 3s lOd to 4s a bushel, f.o.b.s.i. Merchants are not inclined to operate in forward business, preferring to wait to see how crops turn out. Some sales, however, have been made for spread delivery April to September from 3s 8d to 3s lid a bushel, f.0.b.5.i., South Island ports.

There is no alteration in the chaff market. The ruling quotation for truck loads is £5 10s a ton, sacks extra, for best quality, and up to £6 for small lots ex stores.

Supplies of potatoes are in excess of the demand, and the wholesale business continues to be affected by the fact that householders are now digging their requirements from their kitchen gardens from which excellent returns are being obtained, and no not need in the meantime to buy tubers. Sales are slow at £4 10s to £5 a ton, sacks extra, ex-store.

Broken weather has resulted in a delay in samples of ryegrass appearing on the market, but those samples which have come to hand show variation in quality. In a number of cases tests are on the light side, indicating that fungus disease is again affecting the crops. The low tests apply more particularly to certified ryegrass. Some of the lines of ordinary ryegrass show good tests. The cocksfoot market is unchanged with prices firm. Supplies of Grewing’s Fescue are on the market in the south, and prices being paid to farmers for machine-dressed lines are in the vicinity of Is 4d a lb. Some export business has gone through, but the future position of the market is still uncertain following on the lack of inquiry from England and European countries. Samples of new season’s white clover are now coming to hand. There is inquiry for export and buyers are operating in earlier deliveries for shipment overseas.

AUSTRALIAN EXCHANGES HESITANT UNDERTONE United Press Association—By Electric Telegraph—Copyright (Received February 9, 10.25 p.m.) SYDNEY, February 9. Business on the Stock Exchange today was mostly round late rates with

Clergymen (most of them anyway) are notoriously heavy smokers, and have always been, says an 18th century writer: "The generality of parsons can no more write a sermon without a pipe in their mouths than without a Concordance in their hands.’’ Tobacco is undoubtedly a great aid to literary effort. But it’s not all gold that glitters, and it’s not all tobacco that is reliable. The great fault of so many brands is that they are overloaded with nicotine, and nicotine constantly absorbed through a pipe into the system is not a good thing. Ask any doctor. The perfect tobacco should not only be fragrant and soothing, but as free from nicotine as may lx?. And the outstanding example of the kind is found in the genuine toasted. This tobacco—Cut Plug No. 10 (Bullshead), Cavendish, Na”y Cut No. 3 (Bulldog), Riverhead Gold and Desert Gold—combines a fine flavour with a beautiful bouquet, and being practically without nicotine (toasting is responsible for that) is as harmless as tobacco can be. There is nothing finer manufactured

a hesitant undertone. Sales:— Commercial Bank of Aust. Colonial Sugar £ s. d. 0 15 1 50 7 6 Burns Philp 2 15 6 British Tobacco 2 9 9 Dunlop Perdriau (pref.) .. 1 14 6 Consolidated Industries .. 1 17 3 Contributing .. .. 0 15 10 Electrolytic Zinc .. .. 2 18 3 Mt. Morgan 0 9 8 Broken Hill Pty 2 9 3 (New) 1 0 0 OU Search 0 5 3 Melbourne Exchange National Bank (£5 pd.i 6 4 0 j-ust. Paper Mfrs, (pref) .. 1 4 6 Felt and Textiles 1 19 4 Imperial Chemicals (pref.) 1 2 8 Broken Hill Pty 2 9 1 Mt. Lyell 1 14 4 Loloma 1 15 0 Emperor 0 15 8