COMMERCIAL

Timaru Herald, Volume XIC, Issue 14003, 11 September 1909, Page 4

COMMERCIAL

; THE GRAIN MARKET. : There is ho chatngo to report in the wheat market for the past weekj and there teems little prospect of much business being dono in the near future. Nosales have taken place, but nominal quotations. by local millers are. 4s. 2d to 4s 3d delivered here. Holders .are not disposed to accept these values, and consequently the market is stagnant. It seems .that now the bulk of tho wheat is in merchants hands, and tho probability is that few transactions of importance will take place until tho advent "of the now .season's grain. Oats—Tho market is still weak, and prices, remain on a ,par with those quoted, last week, viz.. Is • (VI, s.i., for grades, delivered in Tifnaru. THE CHRISTCHURCH MARKETS. Per Press Association. CHRISTCHURCH, Sept. 10. Quietness, continnes to be the most noteworthy feature of the local markets. The ideas of bnyers and sellers regarding wheat values are still at variance, and ,buyers do not appear anxious ■to do much business whilst sellers are asking higher prices than appear ■ to I be warranted. Quotations remain nominal. As regards oats, the market is. if anything, weaker. There is praeti- ■ cally- no husines being done locally, 'and the home market i* dull. Barley is reported to Ik- a little in'.to, ' in- regncst, and several fairly large lines have changed hands during _tbe past, week for shipment to tln» Unite! Kingdom, and consequently th» lora I market has hardened. Sales of malting barley havo been effected at from i2s On to 3s 3d at county stations. ; TheroMs a good demand_ for Derwenfc potatoes, at up to £3 os. but tlie - flg'mdnJ for llp-to-Dntes is vcrj slac-k.