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WHEAT SUPPLIES.

THE CHRISTCHUnCH MARKET. (By Telegraph.—Press Association.) CHRISTOHURCH, Tuesday. The latest private advice from London quotes a further decline of 6d per bushel in New Zealand wheat, the best offer now being 41/3, as "agajost 41/9 last week. There is practically no wheat being bought from farmers, either by merchants or millers, and the latter are shipping all their stocks on hand. Farmers are holding firmly, and in the prpsent state of the London market shippers are unable to make any advance. The rumour from Auckland to the effect that two Australian buyers intend to purchase the whole of New Zealand's surplus wheat is ridiculed by local millers and merchants, though such a rumour may tend to induce farmers to hold still more firmly.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19090609.2.46

Bibliographic details

Auckland Star, Volume XL, Issue 136, 9 June 1909, Page 5

Word Count
125

WHEAT SUPPLIES. Auckland Star, Volume XL, Issue 136, 9 June 1909, Page 5

WHEAT SUPPLIES. Auckland Star, Volume XL, Issue 136, 9 June 1909, Page 5

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