COMMERCIAL

Timaru Herald, Volume XCIV, Issue 14363, 8 February 1911, Page 3

COMMERCIAL

L'JimSTCIILMtCII. • I'KOUl'Cli 7\r.A H.lvEl'S. Per Press Association. CHRISTCHUKCH, Feb. 7 There is now an easier ton© in tho local wheat market, millers having replenished their stocks are now bercinninc to hold off the market, ana merchants who have been supplying their North Island clients have reduced their limit to 3s Id at country stations, as Tiniaru merchants arc quotiug a penny per bushel Ik?low Christclmreh prices. Tho weaker tono in the London and Australian, markets is also affecting local business, as it is realised that when millers aro fully stocked up the only market for any surplus there may bo this year will bo tho United Kingdom from which market- the prices will bo ruled, home good sales were made on Saturday, hut since thon there has been vcxy little doing in wheat, and sales are now moro difficult to effect-, even on a lower basis. v Oats aixj still a scare© commodity on the market, and samples for sale are Seldom seen. . . The market for barley is weaker, and as the malstors are now not operating it is difficult to ascertain what arc the values at pi'esont. Interior bailoy is practically unsaleable. There is a strong demand for partrid"© peas for this month's shipment, and .sales arc readily made at 3s <d to 3s ?>d, and even higher offers are saia to have been made. . There is not much business being done in town in cocksfoot, most of the sales that have taken ploco on tho Peninsula being to speculators and outside buyers. Sales are have been mado up to /d for loll) ana small shipments of early varietios of potatoes are being made to IhlwestConst, and £3 10s at country stations is being paid.