COMMERCIAL.

Horowhenua Chronicle, 15 March 1915, Page 4

COMMERCIAL.

SOUTHERN GRAIN AND PRODUCE

MARKET.

Messrs Parker and Vincent have received the following report from their Christchurch agents:—

Oats.—The market has. experienced another sharp advance owing to the removal of the duty in Victoria. There seems to he a genuine scarcity for present requirements and we find it extremely •difficult to purchase supplies The prices for good Gartons to-day is 4s 5d to 4s 6d. f.o.b.s.i. with very , : eiv sellers. Australian has apparently bought a fairly large quantity of oats from New Zealand and merchants experience great difficulty in covering contracts. Inquiries containuo to reach here from the other side and we hardly know where the market is %p----ing to. Algerian oats are selling at tremendously high prices viz 6s 6d to 6s 9d, and the demand is not nearly satisfied. As this- particular variety is so scarce we quite expect a 7s market to be established at any time now. Duns oats are now rapidly rising n value and we presume are wanted to take the place of "Algerians. , The quotation to-day is 5s f.o.b.s.i. Danish and Sparrowbills are practically unobtainable. Chaff.—Tn sympathy with oats, this market has also advancted appreciably. Sales'hare taken place during the past week at £7 f.o.b.s.i. but today's value is £7 ss. Fowlwheat.—Our prices to-day is 7s 3d. fobsi but there is not a very great demand. Partride Peas.—A very keen inquiry and the prices is firm at 7s fobsi. Potatoes—The Canterbury potatoes ar hardly ready for shipment yet. Business has been done for April-May delivery at £5 5s f.0.b.5.i.. The crops are patchy and as the acreage shows a decrease as compared with last year, we expect prices to rule fairly high right through the season. Australia is also sending inquiries.