COMMERCE

Grey River Argus, 12 April 1928, Page 5

COMMERCE

THE RUBBER SLUMP. LONDON. April 10. The market price of plantation rubber is the lowest now for over six years. U.S.A. WHEAT TRADE. WASHINGTON, April 10. The Agriculture Department has announced the condition of the winter wheat on April 1 as OH.B pre cent, normal. compared with 84.5 per cent, m 1927. and 81.9 per eent. for average condition. During the past ten years there was a decline in the condition of wheat of 17.2 points from December 1, 1917. to April 1, 1927, compared with an average decline during the past ten years of 2.1 points between these dates. Chicago wheat: May 143}. July 142&, September 140} cents per bushel. YEARLING SALE. CHRISTCHURCH, April 11. There was a good attendance at the Pyne, Gould and Guinness annual sale of trotting bred yearlings and two-year-olds this morning, but the biib ding was exceptionally slack. Out of thirty-four lots offered, only tour were sold. The, Principal sale was that of a two-year-old bay filly by Baltin —Ma Belle, the property of Mrs Mabel Duncan, for 600 guineas, to a North Island client. Another sale was to Mr J. McDonald, a bay colt by Matchlight, for 90 guineas.