MARKET REPORTS.
GRAIN AND PRODUCE. CHMSTCHURCK, November 11. Considering that the city ia in the midst of the annual carnival and that the strike has for the time being put an end to oversea trade, it is only natural that business should be practically non-existent. Previous to the commencement of the labour troubles business had reached a very low ebb, but a few parcels were still passing between the islands; but with the interruption of tho steamer services even this ha« come to an end, and the 'small amount of business now passing is for purely local requirements. Wheat is offering very scantily from growers, and for the most part merchants are indifferent about purchasing whilst the outlets continue blocked. Prices, however, continue firm at quotations. Oats are weak. Many merchants who purchased fairly extensively earlier in the season and who have so far been unable to quit at a profit have now decided to reduce their stocks even should this involve a sacrifice, and some sales have been made at 3d per bushel below first cost. As in the .case of wheat, growers' offerings are far from extensive. The potato market is quiet, with very*little business doing. There are inquiries from tho North Island and the West Coast, but in the absence of shipping facilities business is out jof tho question. Prices are nominally unchanged. The following quotations are for purchases from farmers, net cash, sacks extra, delivered at country stations: — Wheat—Tuscan 3s 5d to 3s 6d, Hunter's 3s 3d to Ss 9d, Pearl 3s 9d to 3s lOd. Oats—Gartons 2s Id to 2s 2d, Buns Is lOd to 2s Id, Danish Is 9d to 2s 2d, Algerian Is lid to 2s Id. , , Barley—Malting 3s 6d to 3s 9d per bushel, according to quality. Partridge Peas—3s 4A to 3s sa. Chaff—£3 7s 6d to £3 10s. Potatoes—2os to 255. Flour—£9 per ton, 1001b bags £9 10a, 501b bugs £9 15s, 251b bags £lO. Bran—Local £4 ss, f.o.b. £i. Pollard—£6 per ton. Oatmeal—£l4 per ton. Seeds—Ryegrass, Italian and perennial, machine-dressed parcels, 3s 3d to Ss 9d; cocksfoot, 131b seed 3£d to 3Jd; white clover, machine-dressed lid to 13d, farm-dressed 7d to lOd, cow grass 7d to Bd. Dairy Produce— Oheeso, dairy, large G£d, loaf factory, largo 5Jd to 6d. Butter', fresh local factory prints is Id, farmers' aswarator 9d, farm dairy od. Hams Is, Bidea Sid, rolls lOld, rolled hams lid; lard, pats Hid. Eggs'ltld to lid per dozen.
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Bibliographic details
Star (Christchurch), Issue 10923, 12 November 1913, Page 2
Word Count
409MARKET REPORTS. Star (Christchurch), Issue 10923, 12 November 1913, Page 2
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