Weak Holders Glut Maize Market

Sun (Auckland), Volume I, Issue 181, 21 October 1927, Page 12

Weak Holders Glut Maize Market

OTHER SECTIONS QU ET

\\ ith the exception of has weakened and produce lines have giVeiTnX ; cern over the week. kitle c»*nThough not exhausted i a " appreciable adva'nj*,* nUy *« b b * in^^ T t ?hV^ r ' for e defiyer>! explore, from £7 to £7 5s a ton. m »t j . T "° email shipments ar « due . rive next week, and busin*,! ’? »- I done to storekeepers at a SrbJ* bw »f | £6 15s on the wharf pnce a ™ur,d The quality of the Southern „,k. not the best. r n tuber k The new season's crop, thorn-;-ins m increased supply. i s mostly I its way into consumption t auction marts, and 'h, „ *>>♦ best sample remains tirrr' t L or ,. o ’* lb. Blight and other causes M a in considerably to i rowrs’ "1;, . of returns, and exceptionally '’KJ? are reported. A little bu sines has been d.*n- w i Southern operators for deliverv \ May. ami June of next vear m. 5 '' 1 | however'”'”' P!,rt ’ <* ,hl ® tn»£ Limited shipments of Southern ti-K_ are expected for at least another mom? with no alteration in price. OTth - Good Quality Onions The Hauraki landed a further ah; ment of Canadian onions, all in , I order and condition. The line mim, went into immediate consumption I is only sufficient to satisfy demands m the arrival of the Niagara In about j j days’ time. 1 15 Prices remain firm at 17s fid ex ! for bags, and 19s Sd for oases. Both A and B Gartons remain steady at late rates, but only limited business Sa.' been done at this end. B’s make 4, te ex store, with A’s 3d dearer The d/ mand from Bngland apparently enahlJ the South to quit all surplus stocks, th™ preventing any great weakening of th. New Zealand market. ul ' Chaff continues to meet with a limited ; sale up to £9 10s a ton ex store. Demand for Bran The dry weather in the Waikato ts responsible for an increased demand fur bran, which is making from £S "ids to £6 ISs a ton. Ample stocks are held. Pollard is slow of sale at up to £3 a ton ex store, and 5s less for quantities The market for maise Is sick ard heavy arrivals during the past few’ days have seen sales as low as 5s a bushel ex wharf. Present requirements of merchants are covered, and weak holders i tend to glut the market. Poor samp!* ; maize continues to arrive, but for the most part arrivals are a good, serviceable cereal. Indications are that, cotnpared with last year, lower pric*s win rule this season, and that the present weak market will not see much Improvement till about December. Wheat remains very firm in the South, and traders are making little out of the business at Ss 6d a bushel ex stote. Poultrykeepers are falling back to a great extend on maize and barley. A good seasonal demand is being experienced for chick foods, hulled oat«, and meals. Clipped Chevalier barley is not meeting with the demand that could be expected. and the price ex store is in the vicinity of 5s 9d.

arrivals heavy