COMMERCIAL

Poverty Bay Herald, Volume LIII, Issue 16509, 29 November 1927, Page 10

COMMERCIAL

CANTERBURY PRODUCE MARKET CHRISTCHUROH, Nov. 25. There is now little wheat in farmers' hands, and what there is commands a firm tone. A little business has been done at (is lOd i'.o.b. Fowl wheat is also in linn request, and some trading has been done at 6s 10-Jd f.o.b. There irs a, good dvmand from rue Noith Island for all classes of wheat. The Gs a bushel, i'.o.b., which \va u the basis of a fair amount of business in next year's crop, is not being so freely offered. A little selling lias taken place at os lid, or approximately 5s Sd on trucks, but the breaking of even money does not appeal to growers. Some business has taken place in next year's outs for April-June delivery! A's are quoted at.3s (3d f.0.b.. 8.1., and B>B down to 3s id, but the little activity shown a few weeks ago has subsided as far us Gartens We concerned. However, in anticipation of business with Australia when the new crop comes in, merchants are offering -Is lid a bushel for machinedressed clipped Algerians. One good feature about the last season's business is that the export to Australia and Euglaud cleaved stocks that had accumulated in the south from the two preceding' seasons, and the new crop will come in with the boards barer than for a long time. . . Chaii' is quoted at £5 us a ton, f.0.b., 5.1., forpoxt year, but with no business, i Partridge peas have eased slightly, and arc quoted at 7s Id to 7s 2d f.0.b., S.I. The export of seeds has also cleared the decks in practically every lino, I't.aliau ryegrass being about the only exception. Now potatoes are coining iu this week fairly freely, and merchants are iiot prepared to quote for the old crop unless for definite Orders. What few aire left are being disposed of in the auction marts in retail quantities. Any business iu next season's tubers is ou the basis of M 15s a ton, f.0.b., 8.1.' SYDNEY* WWL SALES (Blec. Tel. Copyright—United Press Assu.J StfDNKi', Nov. 28. At the wool sales there was good general competition, and values were we'll up to lato rates for all liner sorts for thin yarn. Burry classes Wore irComebacks and crossbreds were in very strong demand. Greasy merino lleeco touched 35|d.