COMMERCIAL & FINANCIAL

Evening Post, Volume XCVI, Issue 18, 20 July 1918, Page 6

COMMERCIAL & FINANCIAL

(UNITE* PRESS ASSOCIATION.—COPTMBHT.) (ADSTKAIJAN-NEW ZEALAND CABLB 4SSOCUTIOU.) .""'■•■ AMERICAN WHEAT SUPPLY. CHICAGO, 17th July. According to Bradstreet's estimate the visible supply of wheat East of the Rockies is 2,346,000 bushels, CHRISTCHURCH MARKETS. (81 TELEGRAPH.—PRESS ASSOCIATION.) . CHRISTCHURCH, 19th July. ' The fact that the Government has decided to purchase*.two'million bushels of Australian wheat, and that one half is expected to be landed during the next six months, will relievo those millers who have not been able to secure " anything like their . requirements of locallygrown wheat.',.- .Tliere is no: grain offering from the country. ; There is,an improved enquiry for oats, Gartbns being worth 4s 6d and 4s 9d at country stations, and supplies are very scarce. Oatsheaf chaff is firmer, as cutting has been suspended during the late bad weather and orders have to be filled out of stocks in hand. The improved demand for oats and chaff is due to North Island requirements and a special shipment is loading for Napier. Potatoes are firmer at £6 5s for Whites, and £6 10s for Dakota Reds, at- country stations. Onibns, also, have advanced, and are now quoted--at £14 to £15 at country stations. The southerly gale" has further, interfered with de liveries of produce from farmers. White clover is firmer, and is quoted at Is 9d and Is lod at country stations. There is fair enquiry for cow grass as none is offering, shelling. having been put a stop to by the bad weather. Mangels have been in good demand for snow-bound stock, and there has also been some enquiry for hay. The supply'of molasses for stock feeding with straw is quite exhausted. ' HIDE SALES. Messrs. Dalgety, Levin, Murray Roberts, Abraham and Williams, the Loan and Mercantile, and New Zealand Farmers Co-operative Companies held their usual fortnightly sales of hides and.tallow yesterday. - The prices reported are as follow:— Hides, ox, heavy, Hid to 13d; medium, 10jd to llfd; light, BS-d to IOJd. Cow, heavy, 9d to lOJd; medium, Od toIOJ-d; light,' Bsd to 10£ d. Cut, slippy and inferior, 7d to 9Jd; bull, . stag, 7Jd to ."id; yearling, BJd to'UJd.-- Calf, superior, ll|d to lojjd; medium to good, 12Jd to 13Jd; damaged, 6d to ISJd. Tallow.—ln casks, 31s. Gd to 375;. in tins, etc., 31s Od to 345., . . ■ . Sundries.—Kabbitskins, Is 8d; horsehair, 8d to 10d; cow tails, 6d to 7d. .-'