PLENTY OF LEMONS

Sun (Auckland), Volume II, Issue 357, 18 May 1928, Page 12

PLENTY OF LEMONS

EFFECT OF HIGHER DUTY ASSOCIATION MEETS The increase in the duty on imported lemons, making the duty now payable 2d a lb. during the months from April to October, inclusive, and Id a lb. during the remaining five months, was in a measure due to the efforts of the Auckland Citrus Fruitgrowers’ Association, according to the report presented at the sixth annual meeting. Extensive planting of lemons had been stimulated, and growers had been induced to look carefully after the trees already planted and in bearing. Steps were already being taken in the South to have the increased duty suspended or repealed, on the ground that lemon growers could not supp. requirements, and that practically no lemons were coming in from California owing to the increased duty. Although there had been a temporary shortage in the supply of local lemons, that was not the case, and plenty would be available from now on. The articles of association requJ growers to forward their fruit to the lemon pool for marketing and curing were amended to allow free dealing, and lemons from Tauranga will in future be cured there. Mr. S. W. House was elected president and other officers were appointed as follow; Vice-president, Mr. H. P. Bryan (Tauranga); committee, Messrs. H. Becroft, H. S. Izard, J. A. Lambden and Schramm; hon. secretary and treasurer, Mr. H. S. Izard. REDISCOUNT RATE RAISED IN NEW YORK (United P.A.—By Telegraph — Copyright) (Australian Press Association) Reed. 9.5 a.m. NEW YORK, Thurs. The Federal Reserve Bank of New York has raised the rediscount rate from 4 to 4i per cent. BUTTER AND CHEESE Merchants report receipt of London cables as follows: Norden and Company, from their London principals, Andrew Clement and Sons, Ltd., under date May 17: “New Zealand salted butter, 168 s (equivalent to Is 4.31 d f.0.b.); market firm. New Zealand cheese, white and coloured, 96s (equivalent to 8.66 d f.0.b.) ; market quiet.” Amalgamated Dairies, Ltd., from their London manager under date May 17: “Butter: ‘Anchor’ bulk salted. 170 s; first grade, 168 s; market firm but quiet; Danish, 176 s f.o.b. Cheese: 96_s; market quiet.” LONDON SKIN MARKET Dalgety and Company, Ltd., report receipt of the following cablegram from their London house, dated 17th inst.:— Rabbitskins: There is a good demand. Hatters, pulling, 10 per cent, higher; unpulled, 15 per cent, higher, except packs light only slightly dearer; furriers neglected; where sold prices are unchanged. Sheepskins: The attendance is good. Good general competition. As compared with closing rates of last series, prices are unchanged. LONDON TALLOW MARKET Under date May 17, the London house of the New Zealand Loan and Mercantile Agency Co. cabled as follows: “Tallow: We quote present c.i.f. and e. values for the following descriptions of tallow: Fine mutton, 41s a cwt; good beef, 425; mixed, 39s 6a. Market firm.” AUCTION NOTES An urgent short notice sale of motorcars, trucks, accessories and office furniture seized under distraint will be held by Messrs. J. H. Ansell and Co., at the Central Garage, Dominion Road, tomorrow, at 10 a.m.