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Christchurch Produce Market.

Millers are now anxious to secure any prime sorts that are offering, and during the past few days (says the Lyttelton Time*) parcels have been freely taken at 4s fid, delivered at the mills, and 4s 8d is a fair quotation for good samples, f.o.b. Even at this price a good many who have wheat in store do not care to sell, as they feel confident that before long ss, f.0.b., will be the ruling price. There has been nothing doing in barley, little except feed sorts being on offer. There is at present in Christchurch a sample of Hobart wheat that has been bought for Auckland. It is a fair full sample of Tuscan, but the price at which it was landed was not disclosed. In sympathy with the southern market the local market for oats has seen a sharp rise. A good many lines of Southland oats have been sold here during the past week or two at fn>in IN kl to 2s sid on trucks at Christchurch : but telegrams from tin- Bluff announced that good B grades have now risen to 2s (id h<> I>. there, and it is hardly likely that much more business will he done ior this mark< t from (hat quarter. Sales of local good fui d sorts were made at 2* 7cl at Christchurch, and one or two lines havo bee a taken for shipment at 2s 8d f o.b.

Messrs. Donald Reid and Co. report that prices ruled as under at their auction sale on Monday :—: — Oats — We submitted a small selection of good feed sparrowbills. Bidding was not up to our valuations, and we passed the bulk in, and afterwards cleared our catalogue privately at 2s 4d to to 2s 4.^d per bushel (sacks extra). Prime Sutherlands and Tartars are in demand at about 2s per bushel over those prices. WHEAT — Milling wheat is in strong demand, primo velvet being worth 4s lld to ."is ; Tuscan. 4s Sd to 4s lod. We sold fowl wh^at at 3s 7d to 3s lid per bushel (sacks in). Potatoes were in short supply, and. under keen competition, a distinct advance in price was registered, best Derwents selling at L(5 5s to L(> 10s per ton (sacks in). Chaff— The market is fairly well supplied, and values ruled about on a level with those of last week, a few trucks extra heavy showing a slight advance. Best oaten sheaf sold at L 3 12s (id to L 3 15s ; extra heavy, to L 4 ; medium to good, L 3 ."is to L 3 10s per ton (bags extra).

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Permanent link to this item

https://paperspast.natlib.govt.nz/periodicals/NZT18980513.2.22.9

Bibliographic details

New Zealand Tablet, Volume XXVI, Issue 2, 13 May 1898, Page 15

Word Count
437

Christchurch Produce Market. New Zealand Tablet, Volume XXVI, Issue 2, 13 May 1898, Page 15

Christchurch Produce Market. New Zealand Tablet, Volume XXVI, Issue 2, 13 May 1898, Page 15