COMMERCIAL.

Western Star, 13 April 1920, Page 4

COMMERCIAL.

SOUTHLAND STOCK AND PRODUCE market. Owing to the holidays there have been no sales held during the week, except that at Otautau on Friday, so it is practically impossible to gauge the state of the stock market. But if anything there, is a slight downward tendency on the low rates ruling previously. Oats.—The market is quiet, most merchants not to buy at

present owing to tire high prices being asked by farmers. Sellers are asking •5/-j on trucks, but buyers’ ideas are about threepence per bushel less. Chaff. —Stocks are getting low and the market is fairly firm. Up to £7, on trucks, would be given for prime old quality. Ryegrass.—ln the absence of any demand from the North Island the market is quiet. Prices, however, will remain firm as most of the season’s seed is already in merchants’ hands. Potatoes.—The main crop has not yet been dug, but it will be on the market in a week or two. In view of thei fact that there are good crops in Canterbury sellers will have to be content with from £5 10/- to £6, on trucks, when the season opens. Hemp.—The market is quiet, there being no transactions of any magnitude going through.