GRAIN AND PRODUCE.

Manawatu Standard, Volume LVIII, Issue 230, 27 August 1938, Page 5

GRAIN AND PRODUCE.

LITTLE BUSINESS IN POTATOES. Per Press Association. CHRISTCIIURCH, Aug. 26. There has been little change in the CanItcrbury grain and produce markets since I last week. The chief interest lias contin!ucd to be in potatoes, although no business is being clone. Merchants describe this week as one of the dullest in the potato , market they can remember. Some of them have not sold a single ton. Farmers arc ( ! still holding very large quantities but , there is no demand from the North Island ( markets, which are well supplied, and still j no prospect of an outlet overseas. As the £ potato season is now well on it seems certain that growers will bo left with heavy , stocks at the close. The nominal quotation * is £2 a ton on trucks. • The seasonal demand for small seeds na= not yet set in in earnest, although there has been some inquiry this week for grass , seeds. Quotation? are unchanged. '■ Large quantities of seed wheat continue j to go out and it is anticipated that the ' demand will continue for another fortnight • It is not yet possible, however, to give an s accurate estimate of the area that is like- J ly to be gown. ':. ' c - WHEAT CARGOES. - j LONDON, Aug. 25. { Wheat cargoes are. further reduced , and parcels are easier and neglected ( Futures: —London :. August, 27s 1\& < per quarter; November, 24s 2d. Liv- ; crpool: October, 5s 2 J 8 d per cental; c Decemher, ss; March, 4s 10-Jd. ' The spot trade is quiet; Australian, <■ €X-ship, 39s to 28s. Flour is lower; , Australian, ex-ship, 22s to 235. ( Chicago futures. —September, Oij j cents; December, 64|; May, 67£. f