COMMERCIAL

Evening Star, Issue 19725, 28 November 1927, Page 8

COMMERCIAL

GRAIN AND PRODUCK. . Messrs Donald Real and Co., Ltd., report as under ; Oats.—There is little of interest transpiring in this market. Merchants are not at all interested in the icw samples offering. They are sellers themselves, but find it difficult to quit their holdings with the poor demand existing. Prices are slightly easier. A grade arc worth 2s (id, B grade 2s -Id (sacks extra), on trucks, country stations.

Wheat.—Oli'cnngs from fanners of this cereal are now a rarity, and as millers have ample slocks to keep their mills going the only business being done is with poultry mcrcliams. Values of best whole wheat aro from (3s Gd to (3-- 'hi (sacks extra), ex truck, Dunedin.

Potatoes. —This market is still maintaining an interest unusual at this season of the year. Prices are quite on a par with those ruling for the last fortnight. Merchants arc buying very warily, and the market will probably case back as soon as (lie new potatoes become more plentiful. We quote: Best tables from £9 to £lO, ex truck (sacks in) Poorer grades arc not saleable.

Chaff.—The supply coming forward is quite equal to the decreased demand usual at this time of the year. The bulk of prime chaff is coming from Canterbury, and late rates are well maintained for this class. Medium and inferior qualities can only bo sold when

prime arc u tiobla ina !r Ic. Wo quote: I’rinio, to io us. ex Vnick (su*ks oxlrn) : medium, to £ 1 P's; and inferior from £3 J ( ts (sacks extra), ex store.

Messrs Dalgcfcy and Co., Etd., report as follows; — . Oats.—There is nothing of interest to report in' this market. No outside demand is being experienced, resulting in business being practically at a standstill. It appears, however, that the quantity of oats held by growers is not large, as very few samples arc coming to band. Wo quote; A GarPons, 2s 7d; B Cartons, 2s sd, on trucks, country stations, sacks extra. Wheat. —The market is unchanged, with no sales to millers reported; good whole fowl wheat is inquired for at up to 6s 8d per bushel, ex store, sacks extra.

Potatoes. —Owing to the lateness of the season there have only been a few odd small consignments of new potatoes on the market, and the high price? ruling for the old crop have still been maintained at from £9 to £lO, sack?

Chalf.—Fairly large quantities have been coming to hand, and in the meantime local feeders are all well supplied. Canterbury quotations do not allow any shipping business to be done at this port, and the demand is purely local. Good, bright, heavy lines can always be disposed of at market rates, even if they have to bo taken into stove for a time, but medium and inferior grades arc very slow of sale. Wc quote: Prime Oaten sheaf to £5 os, ex store, sacks extra. BATE OF EXCHANGE ON NEW YORK. NEW YORK, November 20, (Received November 23, at 1.30 a .in.) The pound sterling reached 4.85d01.

DUTTEII AND CHEESE. The National Mortgage and Agency Company. Ltd., have received the following cable irom London: —“Uniter; Market slow; fresh landed, 172 s to 170 s; stored. 170 sto 1725. Cheese.' .Market steady; while, 101 s to 102 s; colored, 100 sin KJls.” SALES ON ’CHANGE.—THIS DAY. Auckland.—Occident:! 1-Una (con.), Is B<l, Is 0d; War Loan, ui per cent. (1927-11), .093 HI. Deported: Auckland Harbor Hoard 1 per cent. Debenl.,ros. :CS7; War Loan, I) per cent. (DTE'). £9(i Ids, Wellington,—Deported : New Zealand Insurance, £'2.