COMMERCIAL

Greymouth Evening Star, 9 May 1931, Page 7

COMMERCIAL

GRAIN AND PRODUCE. \ ' [pee press association.] CHRISTCHURCH, May 8. Grain and produce markets remain fairly quiet. The potato section is suffering from a severe relapse, and values are lower to-day than at any corresponding period for a great many years. The quotation for prompt has fallen to 65/- f.0.b., equivalent to £2 5s a ton on trucks. For July and JuneJuly delivery, potatoes have been sold at 70/- f.o.b. For July-August-Septem-ber delivery sellers demand- £4 per ton f.0.b., but there are buyers only at £3 17s 6d. The wheat crop statistics have caused a great deal of discussion, as figures are in advance of expectations. However, at the moment market quotations have not been affected, and remain as at the time of the mid-week report. GAS COY’S. DEBENTURES. WELLINGTON, May 8. At a general meeting of the Wellington Gas Coy, authority was granted for the issue of £350,000 of mortgage debenture stock. STOCKS AND SHARES. AUCKLAND, May 9. I Reported sales: Commercial Bank >l4/3, N.Z. Insurance 14/6, Colonial Sugar £33/10/-. WELLINGTON, May 9. Sales reported: Bank of Australasia £B/18/-, Commercial Bank of Australia ord. 14/4£. On ’Change: Union Bank of Australia £7/9/6 (3). BUTTER AND CHEESE. Copy of cablegram received by Dalgety and Company, Ltd., from their London office, dated May 7: — Butter: Market, very low. Danish 117/- to 118/-; New Zealand Finest 105/- to 107/-; Australian Finest Unsalted 104/- to 106/-; Australian Finest Salted 103/- to 105/-; Australian G.A.Q., 98/- to 102/-. Cheese: Market, is depressed. New Zealand White 45/- to 47/-; New Zealand Coloured 48/- to 50/-; Canadian White 68/- to 74/-; Canadian Coloured 70/- to 76/-.