THE EXPORT TRADE

Dominion, Volume 21, Issue 118, 16 February 1928, Page 12

THE EXPORT TRADE

THREE LINERS DEPART FRUIT AND DAIRY PRODUCE SHIPMENTS Three large oversea liners bound for the United Kingdom left Wellington within twenty-four hours of each other with valuable cargoes of produce. The Northumberland and Port Caroline sailed on Tuesday night for Napier and Wanganui to complete their cargoes, and the Tainui sailed yesterday afternoon for Southampton and London. The first shipments of this season’s fruit were taken from Wellington by the Northumberland and Tainui, the former having in cool storage 13,(538 cases of apples and 119 cases of pears, and the latter 8096 cases of apples. The next shipment of fruit will be taken by the Huntingdon, loading at Wellington on February 23. In addition to the fruit and large shipments of frozen meat, wool, and other cargo, the three ships are taking between them 56,957 boxes of butter and 51,814 crates of cheese, shipped at Wellington and other ports. The Port Caroline is carrying 33,709 boxes of butter, the Tainui 8424 boxes of butter and 9917 crates of cheese, and the Northumberland 14,824 boxes of butter and 17,568 crates of cheese, all for London, and the last-named ship has also 24,359 crates of cheese for West of England ports. AUSTRALIAN TREATY EFFECT ON CANADIAN FARMING (Bee. February 15, 8.40 p.m.) Ottawa, February 14. Mr. J. W. Edwards, Conservative, stated in the House of Commons to-day that the Australian treaty had brought a decrease in Canadian butter production. Ten million pounds imported from Australia and New Zealand in one year would develop five thousand Canadian mixed farms. Since the treaty Canada’s effective exportable surplus twentyfour million pounds had been replaced by an annual importation of ten million pounds. Farmers were beginning to feel the effect in the price of cheese. Australia and New Zealand had the advantages in climate. Mr. H. B. Adshead, a Labour member, said he had informed his rural constituents that if ’hey cottld not compete with their Empire neighbours ten thousand miles awav they had better nro out of business. The Canadian farmer was exporting more than the country was importing, because he could get more money outside the Dominion. PRODUCE MARKETS CANTERBURY By Telegraph.—Press Association. Christchurch, February 14. Little change has taken place in prices since the week-end report. The wheat market is very dull, and litle business is passing at the moment. A few lines have been bought at ss. 7d. on trucks, but farmers are disinclined to trade* at less than ss. Bd. Millers, on their part, are not very anxious to buy, even at the lower figure. Oats are yielding well. Algerians have slipped back to 2s. Sid., f.o.b. s.i. The market for Gartons is practically unchanged. though there is a suggestion of a weakening. A Gartons are quoted at 3s. Id. to 3s. IJd. on trucks. Some “free” barley has been sold at 4s. on trucks. It is understood that maltsters are holding substantial carryover stocks, and with their present season’s contract commitments it is unlikely that “free” barley will be required until .well on in the season. Perennial ryegrass and cocksfoot are firm, there being a good demand for the former at 3s. to 3s. 3d. a bushel on trucks. The seed so far offered this year is light. The rains in South Canterbury have clarified the potato position, and have tended to weaken prices*. Previously there was a good deal of uncertainty as to the effect the dry spell wouli} have on yields, but the rain has improved the prospects to the extent that this uncertainty has disappeared. Business has been done at £5 a ton, f.0.b., s.i., for main delivery, a shade under previous prices. AUCKLAND PRIZE LAMBS EXHIBITED AT SMITHFIELD. London, February 14. The prize lambs from the Auckland Agricultural Show exhibited at Smithfield were all of excellent quality. The judges placed lot 13 first, lot 8 second, and lot 14 third. SYDNEY WOOL SALES HIGH LEVELS MAINTAINED. Sydney, February 15. At the wool sales there was animated competition. The previous day’s high levels were fully maintained, and almost record clearances were made. WOOL FOR RUSSIA PDKCHASEB IN NEW ZEALAND. Moscow, February 14. The Soviet textile industry, instead of securing its supplies from Europe, has transferred its purchases of wool direct to Australia. New Zealand, and South America, and is buying 80.000 bales from Australia. 6000 from New Zealand, and 2500 from South America in the present season, obtaining a higher quality at cheaper rates.—A.P.A. and “Sun.”