COMMERCIAL.
Grain Report
Mr F. Pownall, of the New Zealand and Canterbury Farmers’ CoOperative Associations, report as follows, all quotations being f.0.b., port of shipment, sacks free. Oats :—Market is buoyant, outlet with Australia having become more in evidence. Shipments are increasing, though any hardening on present costs will again bring South Africa into present competition. B grade Danish hold at 2s 7d, S-Bills 2s Gartons 2s--Bd. A grade 2d in advance. Seeds 3s. Imperial Algerians 3snd. Wheat: —Trade is lifeless, Dominion millers being unable to pay farmers values, and prevent existing influx of Australian flour by costing under. Unless soon checked, matter will assume a serious aspect, and fall must eventuate. Holders ask 4s nd for best milling, and 4s Qd for fowl feed. Potatoes :—Surplus store stocks are disappearing to active demand, Whites returning 100 s. Blues 105 s. Maize: —Nominally 5s 6d, waiting new crops. Barley ; Feed small enquiry 4s 3d. Malting ss. Beans : —Sound horse feed realise 4s 3d. Peas : —Split, firmer £l6. Partridge dull 4s 3d. Bran :—Mill output small at £ 6. Pollard -.—Finds ready sale at £710s. Oatmeal 25s stand at Rolled Oats 18s. Oatina 10s 6d. Chaff Sydney merchants are drawing heavily on Southern holders, and will require further 2 months supply. Bright cut is worth 102 s 6d. Medium 90s. Straw chaff 60s.
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Manawatu Herald, Volume XXX, Issue 393, 4 June 1908, Page 3
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221COMMERCIAL. Manawatu Herald, Volume XXX, Issue 393, 4 June 1908, Page 3
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