COMMERCIAL

Greymouth Evening Star, 15 February 1930, Page 8

COMMERCIAL

GRAIN AND PRODUCE. (Per Press Aaßdclatlon.) CHRISTCHURCH, February 14. Wheat is coming on to the market, but not in any great quantity. Yields varying from 25 to 60 bushels have been reported,- and the general opinion seems to be that the average will be in the vicinity of 31 or 32 bushels an acre. While some of the lines so far offered have not been of very good quality, others have been quite good. Pool prices remain unchanged. Fowl wheat has weakened a little, and to-day is quoted at 5/11-2 to 6/ f.o.b. sacks extra, for prompt delivery, and at 5/9 to 5/10 for March —June. There has been little movement on the oats market, and now that the price has reached round about 4/ per bushel merchants have been making inquiries with a view to ascertaining at what figure Canadian oats could be landed iu New Zealand. The information so far to hand does not show that the Canadian oat can be landed here at a price to compete with the locallygrown article. A Gartons for spread delivery are quoted at 4/OJ, f.o.b.s.i. Duns have been sold at 4/3 to 4/9, Algerians at 3/10, and A Gartons at 3/6, on trucks in each case. The market for chaff is firm at £5/15/ a ton for old and £4/15/ for new, both on trucks. Potatoes have weakened since the mid-week report, and are now quoted at £4/12/6 for April—May—June, and £5/15/ f.o.b.s.i. for August—September. The only change to report in small seeds is in regard to Akaroa cocksfoot. Some lines have been on offering during the past few days and they show fairly good quality. Up to 9J>d per lb has been paid for farmers’ dressed lines of high quality.

STOCKS AND SHARES AUCKLAND, February 15. Sales: Waihi 13/5, Bank of New Zealand 57/9. BUTTER AND CHEESE. Copy of cablegram received by Dalgety and Company, Limited, from their London Office, dated February 14: — Butter: Market quiet. Danish 176/to 178/-; N.Z. Finest 149/-’to 153/-; Australian Finest Unsalted 150/- to 154/-; Australian Finest Salted 146/to 150/-; Australian G.A.Q. 142/- to 144/-. Cheese: N.Z. White 88/- to 90/-; N.Z. Coloured 86/- to 88/-; Canadian White and Coloured 96/- to 98/-. NEW COMPANY. Ahaura Sawmills Limited. Registered as a private company February 6, 1930. Capital : £lOOO, into 100 C shares of £l. Subscribers: Greymonth —E. Nyberg 333. Ahaura- —J. Nyberg 334, J.‘ Becker 333. Objects: To take over business from John Nyberg of Nelson Creek, sawmiller, of property of the Ahaura Timber Company, Ltd... and to carry on business of sawmillon? and general incidental. LONDON WOOL SALES. LONDON, February 14. Although it is impossible to state the actual amount of wool for the sales to be held on March 18, as the list does not close till March 11, it is roughly estimated that about a hundred and ninety thousand bales will be available, including twentyfive thousand puntas.