Grain and Produce Market.
WEEKLY REPORT.
There is little alteration to note in the grain jand produce markets to report. Values on the whole are lower and prices for most lines are in buyers favour. Flour. The tendency is for prices to ease, and unless anything unforseen should happen in other parts of the word J o alter the present favourable co iditicns for wl eat, there is not likely to be any improve ment in values for some litde time t<s come. Australian flour cmtinues to come into ri;he Dominion About 900 tons landed in Auckland last week, and there is another sailor on the W? from dels id e .with about 500 tons. Importers ihave been losing money on these importations, and in order to quit, md save taking into store, fully 20s per -o • under cost has been accepted. Bran and Pollard.—Both lines have :a :ed somewhat, and although the latter s still in short supply bran is offering norc freely, and can be obtained at ower rates than w> re ruling last week. ? tvourable weather conditions tend to le ress the market for these commodii'es.
Potatoes.—The market has steadied tsolf, and supplies have dropped off to ome extent, the Auckland market is not ver-stocked just now. and it is possible o get slightly better rates meantime, nil, the future is uncertain, and unlesf tock in the South be flight there will not ie much improvement, if any, in values s the season advances. Seedr^Potatoes.—These have been offer-
ti£ freely from the South Is 7 and, and rices remain about the same as of late, 'here has been a good demand, and it joksas though we might ex; ret good rops in the Auckland province during le coming season should conditions eep as fovourable us experienced so far. Oats. These have dropped back irther in price, and buyers continue to iand off the market in anticipation of sing able to buy to better advantage iter od. The future is for a lower basis, idging by present movements. Chaff.—Prices are lower, and. with the ustralian demand falling off, we expect > see a further decline in price. Stocks 1 the Auckland market are in excess of kjuirements, and holders have some iiliculty in disposing unless at considerble loss.
Onions.—The market keeps well suplied with Australian and Japanese prouctions. Shipments of Californian lions are on the way down from J3an rancisco, and although it is reported tat these are controlled by one or two iyers, yet good supplies of Japanese are cely to keep advanced rates in ehcck. b present prices remain up to £l3 per n in Auckland. Maize. - -There i i no change worth men--sling, but stocks are on the light side, ith prices about on the same level as st week.
Fowlwheat.—ls not offering in any lantity, ard more me ney is being asked r the stocks available. There is no telihood, however, of any material adnce in values. Future.—The future of the grain and o luce markets offers no encouragement holders of stocks to hang on in view getting better prices by-and-bye. The arer we get to next harvest, provided ;ather conditions keep as good as they ’ now, the more probable will it be that ver rates will have to be a :cepted.
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Te Aroha News, Volume XXVII, Issue 43368, 5 September 1908, Page 3
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547Grain and Produce Market. Te Aroha News, Volume XXVII, Issue 43368, 5 September 1908, Page 3
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