DUNEDIN MARKETS.

Otago Witness, Issue 4030, 9 June 1931, Page 23

DUNEDIN MARKETS.

WHEAT, OATS, ETC. ti „ -u- , Friday’ Evening. The milling wheat market is unchanged and prices remain at 5s lOd, f.o.b. for luscan, 6s for Hunters, and 6s 2d for Velvet. Threshing from the stack is being continued m Otago, and the samples coming forward are still of irregular quality. Dlillers have no disinclination in tJie majority of of cases to accept Hunters, but few lines of Tuscan are up to milling standard. These are rejected and as a consequence there is an over supply °vm 17 y beat - "'hich is now becoming difficult to sell. Lines of fowl wheat full in the grain are saleable at 5s per bushel, sacks extra, ex store. A great proportion, however, of the wheat which - ~n g, classed as fowl wheat is shrivelled, and sales of these parcels are being made at 4s 6d and 4s 8d per bushel, sacks extra, ex store. The shipping demand is very quiet, only an occasional line going to the North Island, and as a consequence stocks of fowl wheat are accumulating in the stores. It may be added that on present appearances there should be no lack of milling wheat to carry' over the trade till the next harvest. Dlillers’ prices for flour, etc., are as follow: — Flour: 2001 b, £l7 ss; 100’s, £lB ss; 50’s, £lB 10s: 25’s, £l9. Bran, £5 10s per ton. Pollard. £6 per ton. Oatmeal: 2001 b, £2l; 25’s, £23. The shipping market in oats continues weak. Few orders are being received from the North Island, and the only business passing is in odd lines which are being accepted by millers. For these 2s 3d, sacks extra, on trucks, country sidings. is being paid. For ordinary A’s the value is 2s 2d, with B’s worth 2d per bushel less. Growers are not showing much anxiety to sell, and the result is that the amount of business passing is very limited. Small business only is being done in chaff. Dlost of the sales are confined to deliveries ex store. The purchases are for small lots, and they are changing hands at up to £4 10s per ton. sacks extra. Truck lots are difficult to place at £4 5s per ton. sacks extra. Some chaff has been arriving from Central Otago, but the bulk of the trade is being done by Canterbury merchants, who are offering at lower rates than have been ruling for some time. The local values are above the shipping parity, and as a result there are no sales to, the North Island from this port. The potato market is over-supplied, and there are heavy accumulations in the stores. Dlerchants are only buying from erowers from band to mouth, and are finding it difficult to make sales. The nominal value to-day is £3 10s per ton, sacks included.,ex store. Consignments of potatoes are also arriving from -Canterbury. Under the present circumstances it will take some time to work off the accumulated stocks. Little business is passing in any lines of seed. There is no alteration in the market, but present indications point to

.« shortage in some lines following on unfavourable weaker conditions during the autumn,. Frosts in Southland affected seriously the crops of white clover and crested dogstail, but fortunately there was a substantial carry over from last season, and this seed will have to be used to meet requirements. Produce lines are quoted wholesale as follow:— Chaff: Good quality, £4 10s per ton, ex store, Dunedin, sacks extra. Potatoes: Best quality, £3 10s per ton. Dairy butter: Milled bulk, lOd to lid per lb; separator pats, lOd. Bacon, lid per lb. Hams: Ordinary, llAd; boneless. Is Old per lb. Onions: Canterbury, 7s 6d per cwt. . Eggs: Stamped, 2s; case, Is lid. Pullet’s eggs, Is 9d per dozen. Eggs were reduced Id per dozen during the week. FRUIT REPORT. The cold weather being experienced is affecting the retail fruit trade, and not a great deal of business is doing in dessert fruits. Apples are still arriving from all the fruit-grow'ing districts, and prices remain unchanged. The market is oversupplied with poor quality apples. Choice quality, however, sei] readily. A shipment of Rarotongan bananas arrived yesterday, these being transhipped at Wellington. The bananas arrived in good order, and are offering at more reasonable rates than has been the case for some time past. A cargo of Samoan bananas is expected on Monday, ex the Maui Pomare, which is coming direct to Dunedin from Samoa. These are also on offer at fairly low rates. A large shipment of Island oranges arrived during the week. They were in good order. The Wainui, due on Tuesday from Melbourne, will bring a ’ large shipment of navel oranges. These are being sold at prices which will be disappointing tn the shippers. Lemons are selling at lower rates. Pears are in good supply and prices arc low Tomatoes are still arriving in small lots from Christchurch. Local hothouse grapes are bringing good prices. Vegetables of all descriptions are plentiful, and prices are low. Inferior quality vegetables are practically unsaleable. Wholesale prices are as follow: — Apples: Delicious, 6s to 3s per case; Jonathans. 5s to 6s 6d; Cleopatras, 5s 6d to 7s; cookers, 4s 6d to 5s 6d. Bananas: Ripe, to 255; green Rarotongans, 18s to 20s. Oranges: Island, 14s to 15s. Lemons: Australian, to 20s per bushel case. Pears: Winter Coles, large, 2s 6d to 3s per half-case; small, Is 6d to 2s; cookers. 2s to 2s 6d. Tomatoes: Choice well-coloured, 4d to 6d; others, Id to 3d; local hothouse. 8d to lOJd per lb. Quinces, 5s to 6s per bushel case. Local grapes, lOd to Is 3d per lb; Gros Colmars, to 2s 2d. Passions: North Island, 4s to 5d per case. Cauliflowers: Choice, 3s 6d to 4s 6d per sack; others, Is to 2s. Pie melons: Australian, 12s to 14s per cwt. Celery: Choice, 6d per head; others, 6d per bundle. Cabbages, 2s to 3s per sack of 18. Lettuce: Choice, to 2s per dozen; others unsaleable. Potatoes, 4s per cwt. . Rhubarb, to 4s per dozen bunches. Swedes, 2s per cental bag. Carrots, to 2s 6d per sugar bag. Parsnips, 2s 6d per sugar bag.

MERCHANDISE MARKET. Saturday Morning. The announcement by the Prime Minister that all Canadian goods shipped on or before June 2 will be admitted to New Zealand under the old scale of duty will be received by merchants with satisfaction. The Canadian goods which were in bond in New Zealand will also be released under the old scale. Had the Prime Minister not decided to take the action he has many merchants would have been pealised, and they would not have been able to pass the additional bonded chargee on and meet the competition from merchants who were carrying stocks in their stores. It is interesting to note that the removal of the preferential duties to Canada will mean an approximate advance of 6s per case on British Columbia salmon, 5s per case on pilchards, 3s per case on tinned peas, 4d per dozen on sardines, Is 6d per box on clothes pegs, and £1 10s 8d per ton on salt. Of course, these are only some of the Canadian goods which will be affected, x. Full supples of G.AI.C. extract of meat, in 2oz and 4oz jars, and Gear in 2oz jars, are on the market. The Wainui, from Melbourne, will land supplies of Mildura currants, Brookes’ preserved ginger, and Rinaldi macaroni and vermeeelli. Further parcels of Cerex pnffed wheat and puffed rice are on the Waikouaiti. Supplies of packet dates are short m the wholesale market. Advice has been received that the new season’s dates have been advanced in price. Supplies of tea have been arriving very freely. In the case of the higher grades some lines show an advance in cost, while in the lower grades there is a decrease in the landed cost. The wholesale market is again short of shelled walnuts. Further supplies are due on the Waikouaiti. The Waikouaiti will also bring supplies of tea transhipped at Sydney. A new line to make its appearance on the market is an_ Australian packing of self-raising flour in 21b cartons. Advice has been received of a reduction in the packers’ prices for the new season’s British Columbia salmon. This reduction will, however, be counterbalanced by the increased duty now being imposed. Jordan almonds, just arrived, show an advance in price of 4d per lb. The next sugar boat is the Wingatui, due on June 11. She will be followed by the Waimarino, due on the 14th. Pond’s toilet creams have been advanced in price. Fellowe’s syrup, both sizes, show an advance io price.