COMMERCIAL.
NORTH OTAGO MARKETS,
wheat market has shown a little more animation, but the transactions have been limited to a few hundred sacks in each instance (says an Oamaru message). Farmers are, apparently, content to await developments. The following were the prices paid: Velvet, 3s 7d net and 3s 7id and 3s Bd, less commission; Tuscans, 3s 6d and 3s 6£d net; red chaff, 3s 6d and 3s 7d, less commission; Bordier, 3s 7d, less commission; all on trucks at country stations. There is a good enquiry for oats, but very few are offering, and it is believed that the stocks held in the country are not large. The largest reported line during the week was 500 , sacks. The prices paid here were 2s Id net and 2s Id, less commission for A grade, and for B grade 2s net, all at country stations. There is something in the nature of a callapse in -the potato market, merchants declining to accept tho risk of shipping to Australia at this late period of the season. The Auckland market is over supplied, and holders there are reported to be shipping to Australia. The Waitemata, which is expected there this week, will take away about 13,000 sacks. The lowest sales have been made at £6 10s net on trucks, and the opinion is that prices will come lower.
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Bibliographic details
Feilding Star, Volume VII, Issue 1882, 24 September 1912, Page 1
Word Count
225COMMERCIAL. Feilding Star, Volume VII, Issue 1882, 24 September 1912, Page 1
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