COMMERCIAL

Horowhenua Chronicle, 27 February 1915, Page 3

COMMERCIAL

Following is the latest report on tho produce marlsct in the south by Woods Brothers, Limited, of Christchurcli:— The weather conditions have been most favourable for harvesting operations, there being piratically no rain and consequently no stoppage of work. The grain (both wheat and oats; is threshing out well and the yields are very much above what was expected. At the time of writing rain has ret in bu/t is not likely to do much damage unless of course it keeps on for some days. Oats.—The position of this market 'o quite extraordinary and no one in the trade can make head or tail of it. A rair number of forward sales to Australia in January at good prices started the market off at about ;Jd to farmers on trucks country stations, sacks extra (csay 3d to Id f.0.b.5.1.) On February 6th purchases were made at the figures mentioned and on trucks country stations, sifeks. ex equal to about Jd f.0.b.5.1., in other words a rise of Gd per bushel in 14 days. We can only lay the facts before you and leave you to- form your own conclusion as to the fi/ture. It certainly seems to us as if th<Tthing is being done and that there will be a reaction as soon as offerings become more plentiful. lit present there is a tremendous competition to secure anyttiing available. We cannot ocer Algerian oats but may have a Tine al any time. Nominal value is 5s 6d, f.0.b.5.1. Wheat.—Our price for fowl wheat is 7s 3d, f.0.b.5.1. The wheat market is very excised and fancy prices are being paid. Chaff.—Very hard to obtain and value is from £6 15s to £7 f.0.b.5.1 Potatoes.—Selling at £5 f.0.b.5.1.. March delivery, but not very much business going through. Bran and Pollard.—The N.Z. Produce Agency Co.'s prices are £7 and £8 "e----spectively.