COMMERCIAL

New Zealand Herald, Volume LV, Issue 17006, 13 November 1918, Page 5

COMMERCIAL

• TRADE REMAINS STAGNANT. EFFECT OF EPIDEMIC Business is still being conducted under the unfortunate conditions introduced last week by the epidemic. Local trade is almoat at a I standstill, except for urgent requirements, J find the only outside inquiries are from those districts apparently net yet affected. Every wholesale house has its stall heavily reduced, in isoae caeca more than three-fourths being Quite incapacitated, while the retail is re- , duced sometimes to tho point of extinction. I Shipping has been quiet latch, but the I ?.r?iva.l of tho Niagara has eased the position in regard to several Australian lines that were in short supply, and the Rivorina is bringing qui to a number of useful consignmenu. . Produce: Business is very quiet, except ma few lines still in short supply. Potatoes: Supplies have been very low for sonic- time, and tha shipment of Australian by the Niagara arrived to a very bare market, arid sold readily at slightly easier rates. Beet Quality are now Quoted at £16 to £16 10a. A tew Southern arrived by the Wanaka, but very few more arc expected this season. New potatoes have been coming into tha market m larger quantities since the weather improve, and tho price is expected to gradually decline. Tho low figures realised last Friday give no real indication of the market, »s the collapse of the buying was only tem- . porary. ' I j Onions; Good stocks of American are still mi. ° a , 1 and these are realising Sss per esse. | The loci! crop is doing well, and, if any ' suitable weather ensues during tho next few , weeks, these will probably be ready as Boon ! as any Australian can bo imported. 1 , Oats Fair stocks are hold Tiers, but it la increasingly difficult to get any more from; , ihe South. Quotation has advanced to 6> Di

ex gtwe. , Wheat ; Demand keeps up well, and quotation is firm at 7s ed to 7« 103 ex storo. Further shipments of milling wheat are expected from Australia before long. Bran and Pollard: Supplies are a little more plentiful, but demand is still keen. Chaff: Several consignments have .arrived from the South, and everything to hand has sold nt once. Best quality is quoted at £17 ex store. Ideal chaff is practically unobtaiu' able. Fertilisers: Sydney bonedivsl is being booked out of the Rivarina this week. All Kinds are selling well. Flax: The market is still heavily supplied with last season's manufacture there being no outhct for any quantity. LONDON MARKETS. Australian and N.Z. Cable Association. (Reed. 7.16 p.m.) LONDON. Not. U Hemp is active. Fifty-six bales of New Zealand were sold by auction. Fair, £93; graded common, £94. NEW ZEALAND AND AUSTRALIAN LAND COMPANY. Australian and X-Z. Cable Association. (Reed. 7.15 p.m.) LONDON, Nov. 11 The New Zealand imd Australian Land Company, after adding £170.000 to the reserve, announces a ptofit of £272,725, and has espied forward £7726.