COMMERCIAL

Hawera Star, Volume LII, 20 February 1933, Page 8

COMMERCIAL

CANTERBURY PRODUCE . EXCESS OF OFFERINGS (By Telegraph—Press Association). CHRISTCHURCH, Feb. 17. Merchants are doing a, fair amount of business in small parcels but offerings are now larger than they- arc prepared to buy. Fowl wheat is quoted at 3s 3d a bushel for prompt and 3s 4d for spread delivery. Milling wheat is now offering more freely. More Algerians are now offering but merchants are inclined to curtail buying in view of the stocks already purchased. Offers of Gartons are also increasing. Prices remain unaltered at Is 2d to Is 4d a bushel on trucks for Algerians and to Is od for Cartons. Potatoes are not attracting any interest. Nominal' ‘offers are £2 a ton on trucks. The crops look well. Cocksfoot is now coming forward freely from both Plains and Akaroa. For good Akaroa seed 3Jd a lb. is being offered and for lighter 3d. Plains is quoted at 2fd to 3d. ' Perennial and Italian ryegrass remains at Is 3d to Is 6d‘ a bushel. The higher price is for the best seed. First harvest, certified from mother seed, is quoted at 3s 6d to 4s a bushel to farmers. Southern ryegrass is now on the market and is being offered at low values. White clover has eased t-o lOd a lb. on trucks. Some good crops are reported. Cowgrass crops are now in full flower and yields are promising.

BREWERY PROFITS ‘ Af.ELBOUB.NE, Feb. v l6. The Carlton Brewery Company’s profits for the year amounted to £70,702, compared with £73;326 for the previous year. A dividend of 8 per cent, per 'annum was paid.