COMMERCIAL

Greymouth Evening Star, 25 June 1932, Page 8

COMMERCIAL

GRAIN AND PRODUCE. [PER PRESS ASSOCIATION.] CHRISTCHURCH, June 24. The potato market has eased during the week by about’lo/- a ton.'The cause apparently is that shipments have been too heavy this month for the North Island to absorb.. The Waipiata is due to sail to-night with a cargo of 8000 sacks from all ports. The Waimarino is due to load next Wednesday, and she is certain to take a fair consignment. A factor in the market this season which has been absent for some years is a supply from Otago and Southland. Quotations today are £6 a ton f.o.b.s.i. for prompts, £6 7/6 to £6 10/- for July’s, £6 1-5/-for July-September, and £7 for August-September. July’s show a drop in the week of 10/- to 12/6 a ton, the later months less. Prices to farmers are £5/5/- a ton for prompts and £5/7/6 for July’s. Fowl wheat remains steady at 4/9 f.o.b. There is no change in the oat market, business being negligible. , Chaff is also in very poor demand. It is quoted at £3/12/6 to £3/15/- on trucks or £5 f.o.b.s.i.

DEER SKINS MARKET. WELLINGTON, June 24. An indication of'the progress made in establishing a market for deer skins, and of efforts of State officials to lessen the deer ppril, was given by the Minister of Internal Affairs, Mr. Hamilton.

As a means of inducing greater supplies of skins than formerly, he stated, that a bonus of 1/4 per lb. would be paid for skins coming up to the requirements laid down, and delivered in a dry and otherwise good condition. The bonus would be obtainable by persons not connected with the Department’s own deer-destruction parties. Receiving depots are to be established at Wellington, Blenheim , Hokitika, Lyttelton, Dunedin and Invercargill. The position has now arisen that more skins are required to meet the present demand, and to establish a market firmly. The trying out of markets so far has been done with skins obtained ■ by the Department’s own deer destruction parties. Over 8700 skins have been disposed of. During the past financial year the Department of Internal Affairs has paid out by way of tail bonus in the South Island £1562. During the same period the Department’s own parties have accounted for 11,000 certified kills. They have saved about 6100 skins. Mr. Hamilton added that there will now be a greater incentive to persons to help in ridding the country of an undoubted menace.

BUTTER AND CHEESE. Copy of cablegram received by Dalgety and Company, Ltd., from their London Office, dated June 24. — Butter.—Market quiet. Danish 98/to 100/-, N.Z. Finest 96/- to 97/-; Australian Finest Unsalted 96/- to 98/-; Australian Finest Salted 95/- to 97/-; Australian G.A.Q. 90/- to 94/-. Cheese:—Market quiet N.Z. White and Coloured 56/- to 57/-; Canadian White 68/- to 74/-; Canadian Coloured 68/- to 72/-; Canadian C.I.F. 54/. to 56/-.

STOCKS AND SHARES. DUNEDIN, June 25. Reported, after call, Bank of New Zealand 42/9. AUCKLAND. June 25. Sales, Taranaki Oil 1/6, Wilson’s Cement 26/3.