COMMERCIAL

Greymouth Evening Star, 13 September 1930, Page 8

COMMERCIAL

GRAIN AND PRODUCE. [pee press association.] CHRISTCHURCH. September 12. Chief interest now centres in potatoes, of which there is a moderate turnover. There are sellers of September potaoes at £3/12/6 f.0.b.5.i., Which is equal to £2/10/- or £2/12/6 on trucks. The Wingatui loaded 2640 sacks of potatoes at Timaru this week, and is now loading at Lyttelton, where she will take on another 5000 sacks for Auckland. During the past six weeks shipments to the North Island have dropped steadily, compared with the shipments for the corresponding, period last year, the figures being 1928-29 64,996 sacks, 1929-30 52,976, a decrease of 12,020 sacks. The market for oats is quiet, although there is a better consumptive demand from the North. Quite a number of small parcels have ben sold, but there are no large quantities changing hands. Values to-dy are 4/31, Lyttelton, 3/9 Dunedin, and 3/8 Bluff for A’s, and a penny less for P/s.

The chaff market is quiet. A little more is offering at prices which will make possible competition with the chaff imported from Tasmania. Today’s quotation is about £5 on truck-; for good bright. Although Auckland is prepared to buy Tasmanian chaff it is not so good in quality as that grown in Canterbury. Fowl wheat is quoted at 6/2 f.o.b.

There is some demand from America for chewings fescue, but all No. 1 grade seems to have been disposed of and only second quality appears to be offering. Buyers are not keen to operate for this. Best quality is worth 1/- per lb f.o.b. The imposition by America of a 40 cents duty on brown top has had the effect of stopping the export of this seed which previously went to America in large quantities. Unless the duty is removed or reduced, the prospects for this seed next season will not be blight. Best quality machine-dressed is quoted at lid to il-Jd per lb, but no business is passing. The market for crested dogstail is steady at SJd to 9d f.o.b. There were some orders from England and the Continent but not sufficient to affect the market here, so far as price is concerned.

BUTTER AND CHEESE Copy of cablegram received by Dalgety and Company, Limited, from their London Office, dated September 12: — Butter: High price of Danish has increased demand for Australasian. Danish 154/- to 155/-; New Zealand 124/to 128/-, Australian unsalted 124/- to 126/-, Australian salted 123/- to 125/-, Australian G.A.Q. 120/- to 122/Cheese: Market firm. Australian White 70/- to 71/-, Australian coloured 71/- to 73/-, New Zealand white 71/- to 72/-, New Zealand coloured 73/- to 74/-, Canadian white 72/- to 78/-, Canadian coloured 76/- to 80/-, Cana-' dian C.I.F. 70/- to 71/-. STOCKS AND SHARES. AUCKLAND, September 13. Reported sales: New Zealand Insurance 42/6; South British 58/3; Union Bank £lO.