FINANCE AND COMMERCE

Waimate Daily Advertiser, Volume XXIV, 3 February 1925, Page 5

FINANCE AND COMMERCE

DUNEDIN MARKET REPORT. Messrs Bray Bros. (Dlr..) Ltd., report, as follows: —• There is very little doing local! v in the chaff market and any con signments coming forward are being stored. Buyers are not interested in the market. The present value for good quality oaten sheaf chaff is nominally £7 10s per ton sacks extra. Some sales for new seasons chaff have been made from Dunedir to Canterbury round about £4 15s sacks extra delivered in Dunedin. This is for forward delivery. The wheat market is quiet, the only enquiry being for fowl wheat which has been selling u pto 8s 6d bushel sacks extra ex store. There is very little available and some xines are coming forward from Oamaru and Canterbury- New seasons wheat- is expected' to be offering at an early date and at present it is difficult to know what will be the opening prme as the whole position depends on Australia. It is unfortunate that the frosts have damaged the Taien crops and the position is anything but bright and some growers have now started to put the frosted wheat which is unsuitable for threshing Dunedin millers prices, aye as follows : — Flour .£l5 10s. Bran £6 Pollard £7 Oatmeal £29.

Stocks of oats are light but there is little demand. New season’s Algerians are offering from bury. Samples coming to hand show signs of weather and are also on the light side. These are offering round about 3s per bushel on trucks. There is still a fair supply of Canadian oats in the North Island with the lesult that there is no demand for any oats now offering in the South Island. The market is over suppli ed with potatoes from all centres Growers planted early in the season with the result that a good many potatoes are now ready for digging. The supply >is in excess, of the demand as buyers purchase only in small quantities and some of ths lines coming forward show signs of blight. The market has dropped to round about £6 per ton which is a low price for this time of the year. The onion market has also . eased Some fine samples of Canterbury grown are now coming forward and selling round about £lO per ton A few Melbourne are still offering but these are neglected. It is reported that the crops are fair in Canterbury and the market likely to ease. Business in the fruit marts has been very brisk during the week. Large quantities of apricots and peaches have come forward and prices have been low. Supplies of plums have been very plentiful Goco quality sorts from Canterbury districts have been most in favour. The sjupply of tomatoes keeps up and prices continue firm although th" quantity coming forward is greater than it was at the beginning of the week. Outside grown are now start ing to come forward and the prices are likely to ease. Dessert applet are in short supply and new seasons are now coming forward and meeting with ready sale. Nectarines are enquired for. Raspberries and ’oganberries are in full supply ami prices have been low. It is now get ting to the end of the season and tlia quality is going off. Red and black currants have met with good demand but supplies are now exhausted. The egg market has firmed up stamped and guaranteed selling at 1/6 a dozen with a good demand. New seasons honey is offering round about 51d per lb and honey squares in the comb 10/- per dozen. Th<cheese market is well supplied and the market easy. Bacon has been Dairy pat butter js slow of sale short supply. Business is now getting- back to normal and all prime lines of fruit and produce are read ily placed. The following prices were realised during the week: — Chaff, prime oaten £8 10s. Oaten straw, £5. Wheaton £4

Wheat, fowl, 8/6 bushel Honey, bulk Siu, 101 b tins 6s. 6d, ilb nats 4s 3d doz. Hams l/24d. Bacon, Hitchens 1/2. Cheese 9d to lOd. Butter, factory 1/SJ, separator pats 1/1. Apples, new season’s Pearmains 10s to 12s; American 25s 6d; cookers 2Jd lb. Tomatoes, local 1/1, Christchurch firsts 5d to lOd. Raspberries, 8s to 10s 6d bucket. Plums, dessert 3d to 4d. Peaches crate 4d to sd, eases 4 to 6s 6d. Loganberries, 6s to 8/6 bucket. Apricots, crate 4-Jd, cases 3s 6a to ss. Gooseberries 3a. Potatoes local 6s cwt; Canterbury 5s to 6s cwt. Peas, 2d to 3Jd.