COMMERCIAL.

Gisborne Times, Volume LXVIII, Issue 10728, 27 October 1928, Page 2

COMMERCIAL.

LOCAL PRODUCE MARKET POTATOES EXPECTED TO FIRM MAIZE WEAKER OATS IMPROVE BY 2d. As always the case during Carnival Week, business on the local produce market, during the past week, has been practically nil. ! Maize hqs been at a standstill so far as local trade is concerned, as plentiful supplies are apparently still coming forward from the Bay of Plenty and the market at Auckland is even weaker than previously. It is becoming more and more obvious, every day that Gisborne growers will have to lower the prices asked if they are to compete successfully with the Bay of Plenty article. Next year, the latter district’s crops will be considerably larger, so that Gisborne growers will have to accept even less than m this. Maize is now selling in Auckland at 5s 6d and 5s 7d on the wharf and sales, even at that price, are difficult to make. Potatoes, to judge by reports from the south, are becoming very short in supply and it may he confidently expected that South Island tubers will firm shortly to about £l6. Oats have firmed by 2d per bushel during the past week and South Island sales are being made at 4s f.o.b. A Gartons. STOCK AND SHARE MARKET (Press Association./ CHRISTCHURCH, Oct. 26. Sales on Change: National Bank of New Zealand, £7 2s; Bank of New Zealand, 61s 3d; United Building Society, 14s 6d; British Tobacco Co. (Australia), 44s ldi; Mt. Lyell, 36s 3d. DUNEDIN, Oct. 26. Sales on Change: Mt. Lyell, 35s 9d. LONDON FROZEN MEAT MARKET Messrs Dalgety and Co., Ltd., have received the following cable from their head office dated 25th inst.:— Mutton and lamb prices arc unchanged, The beef market is weak, and prices are Jd to }d less. The pork market is also weak, and the price is id less. LONDON SHEEPSKIN SALES Messrs Dalgety and Co., Ltd., have received the following cable from their London office, dated 25th inst. At the London sheepskin sales, there was a fair attendance of buyers. Competition was .poor and withdrawals were heavy. As compared with closing rates of last series, combing skins were fully 10 per cent, lower when sold.

GUTTER AND CHEESE MARKETS

United Preee Asen. by El. Tel. Coujtielu

(Australian Press Association.)

LONDON. Oct. 25

Gutter, Danish, firm 1965, Colonials quiet, slightly easier owing to supplies increasing. Choicest salted New Zealand 173 s to 182 s, Australian 164 s to 168 s, exceptionally 170 s, Unsalted New Zealand 186 s to 190 s, Australian 186 s. The cheese market is quiet. New Zealand colored 107 s, white 109 s ; Australian 104 s to 105 s.

LONDON SHEEPSKINS SALES

CJnlted Press Assn, by El. Tel. Copyright (Australian "ress Association.) (Received Oct. 26, 9 p.m.) LONDON. Oct. 23. At the sheep skin sales there was a .good attendance. Five thousand bales were offered, but only half sold, owners declining to meet the market. Merinos fine crossbred combings were 10 per cent, below September prices. Low crossbreds were neglected. BRADFORD TOPS MARKET United Press Assn, by El. Tel. Copyrighi (Australian Press Association.! (Received Oct 26, 9 p.m.) LONDON, Oct. 25. The Bradford market is firm, following the rise in values in Australia. Quotations maintained their last week’6 level, but there was little response from users.

VICTORIAN PRODUCE MARKET

United Preas Asan by El. Tel. Oopyrlgb' 'Australian Press Association.) (Received Oct. 26. 5.5 p.m.) MELBOURNE. Oct. 26. Wheat 4s lid, flour £l2 2s 6d to £l2 7s 6d; bran and pollard £6 os: oats, milling, 3s 6d, feed to 3s 3d; maize market weak, 4s 3d; potatoes £3 5s to £4; onions, nominal £ls 10s; butter steady, Is 7id, cheese lOd.