THE POTATO MARKET

Hawke's Bay Herald-Tribune, Issue 182, 19 August 1937, Page 5

THE POTATO MARKET

— Presfl Assooiation.J

Exports to South America

(Bs Teleeraph

WELLINGTON, This Day. The position of tlie potato markefc, according to a representative of a big business iirm liere, is likely to becoine more stable in the near f uture, owing to the cessation of exports to South America. The fh'm has received an order for 1000 tons of seed potatoes and has been informed that no more shipping is available. It is believed here that South Island growers have been holding supplies because prices have been increasing in South America, and these supplies are now expecetd to come on to the market. At noon to-day the market has eased. He stated that approximately 21,000 tons will have been exported to South America. The reason for the higher prices recently, he said, was that the cold, wet weather had delayed Pukekohe supplies, and the holding of supplies in the South Island had affeete'd the position. Ile also gave figures of shipments to the North Tsland, which show that for June and July a decrease of 27,000 bags against June and July last year. His view was that the North Island crops had been "bettor. Auckland, however, has taken over 5000 bags moi'e from the South Island than in Juno and July a year ago.