FINANCE & MARKETS

Sun (Auckland), Volume II, Issue 381, 15 June 1928, Page 12

FINANCE & MARKETS

IN THE MARKET PLACE I HEAVY APPLE - STOCKS HELD! ORANGES SELLING FREELY Oranges continue to meet with a fairly free sale, but values reBananas are also selling at fairly low levels at the moment. Local fruits are meeting with a rather slack demand, and the market could not absorb any great increase in sup pi ies. TT is estimated that heavier stocks of apples are held in cool store, and in the orchards this year than last, and that lower values will rule. At the moment the market has a weaker tone than that registered last week. Considerable quantities are being drawn out of cool store. The market for dessert pears has a slightly easier tendency this week. Ample supplies of oranges are available at the moment. The Waipahi, with a shipment of 14,000 cases, is due from the Cook G.poup about Wednesday of next week. Good rip© bananas are plentiful, but stocks should be rather low toward the end of the present month. The next sLibstantial shipment is due to come to hand on the Tofua three weeks from Monday next. Hot-house grapes are scarce and demand good values. Hot-house tomatoes are also selling freely. A shipment of 2,000 cases is due on th© Waipahi next week. Poorman oranges have now come on the market, and are selling at 9s to 11s a case. In the field and garden produce section most lines of seasonal vegetables are well supplied. Green vegetables are specially heavily supplied. Little alteration is registered in the tone of the poultry market. Good table birds meet with a firm demand, hut the market for other lines at the moment is quiet. Eggs sell at practically unchanged values. Quotations lifted from the City Marts this morning ranged as follow: FRUIT Apples.—Stunners, 4s to 8s a case; Delicious, 4s to 5s 6d; Delicious, ex cool store, 5s to 8s; Jonathan, 5s 6d to 7s 6d; Balia rats, 5s to 6s; Granny Smiths, 6s to 9s; Rome Beauty, 3s 6d to 6s; Pigeonette, 4s 6d to 6s 6d. Pears. —Coles, 8s to 9s 6d a case; Nellis, 9s to 10s; Clairgeen, 6s to 7s. Tomatoes.—Choice, local hothouse, 9d to Is 2d a lb; outdoor, 4s to 10s a box; outdoor No. 2’s, Is to 2s; Hutts, 5s 6d to 11s a case. Grapes.—Hothouse to 2s a lb. Lemons.—6s to 14s a case. Tree Tomatoes. — Choice, No. 1, 6 bto 9s a case; others, 3s to 6s. Oranges.—lsland, 11s to 14s a case; poorman, 9s to 11s. Bananas.—Repacked, 16s to 22s a case. Coconuts. —16s a sack. VEGETABLES Potatoes.—Southern, 7s to 7s 6d a cwt; Onions. —Southern, 10s to 12s a cwt; local, 12s 6d to 16s. Kumeras. —Tauranga, 12s to 14s a cwt; local, 6s to 8s a bag. Cabbage.—Heavy supplies, 3s to 10s a sack. Cauliflower.—3s to 10s a sack. Swedes.—ls 6d to 2s 6d a sack. Pumpkins.—Ordinary, 5s to 8s a cwt; best Triumble and Crown, 10s to 13s. Beans.—sd to lOd a lb. Lettuce.—ls to 5s a case. Cucumbers.—9s to 10s a case. POULTRY Cock chicks, Is 9d to 2s 3d. Prime cockerels, heavy, 4s 6d to 6s. Lighter cockerels, 3s 6d to 4s; light, 2s to 2s 9d. Hens, heavy, 2s 9d to 4s; lighter. Is 9d to 3s. Roosters, 2s 3d to 3s. Ducks, old, 3s 3d to 4s; young, 4s 6d to 5s 9d. Drakes, 3s to 3s 6d. Muscovy ducks, 4s to 4s 4d; Muscovy drakes, 4s 6d to 6s. Gobblers, 12s to 17s. Turkey hens, 6s to Bs. Pullets, forwards 5s 9d to 7s 6d; smaller, 3s to 4s. Quotations for eggs and butter and the smaller-parcelled vegetables will be found in the Kit Bag column on another page. SUN COMMERCIAL service A special section for readers seeking information on financial and commercial questions is included in these columns every Saturday. Names and addresses must he given in every instance, although not for publication , and inquirers are requested to send in questions early in the week addressed to the Commercial Editor , THE SUN. AUSTRALIAN PRODUCE (United P.A. — By Telegraph — Copyright) SYDNEY, Thursday. The following are to-day’s quotations on the Sydney produce markets:— Wheat: Growers’ bagged lots, at country stations, 4s lOd; ex truck, Sydney. 5s sid. Flour: The export trade is lifeless. Local, £l3 10s. Bran: £6 10s. Pollard: £7 10s. Oats: Tasmanian and Algerian, 4s 9d to 4s lOd; white, 4s 6d to 4s lOd. Maize: Yellow, 3s 9d; white, 4s 3d. Potatoes: Tasmanian, £6 to £B. Onions: Victorian, £l4. The following are to-day’s quotations at Adelaide:— Wheat: Growers’ lots, 5s 4d to 5s sd. Flour: Bakers’ lots, £l3 10s. Bran: £6 ss. Pollard: £7 10s. Oats: 3s 3d. ket can appreciate to any great extent. Bay of Plenty new season’s maize is expected to arrive in July. Cereal Market Dull The market for wheat and oats is quiet at the moment with considerably more sellers than buyers. Prices on the spot for wheat remain stationary at from 7s 6d to 7s 9d through store according to quality. The forward position in the South is somewhat easier. Oats also register a weaker tendency in the South. Values on the spot, however, are practically unchanged, A Gartons selling through store at up to 5s 2d. B’s are quoted around 4s 9d. Southern millers announced a reduction of £1 a ton in their price for pollard last week-end. This, however, has not yet been reflected on the Northern market. A shipment from Adelaide is due next week. Merchants’ quotations on the spot range around £ll for pollard and £8 10s for bran. Chaff is only meeting with a quiet demand, quotations through store being steady around £9 10s a ton. Produce Boats’ Movements The Kawatiri, carrying pollard from Adelaide and onions from Melbourne, was scheduled to leave the latter port on Wednesday, and via New Plymouth and Portland, should arrive at Auckland about the end of next week. The Wingatui, from Dunedin and Oamaru, left Timaru last evening for Lyttelton, Wellington and Auckland. She is due at this port on Wednesday next. The Kurow was loading at Port Craig yesterday, and leaves there for Bluff. Dunedin, 'Wellington and Auckland. The vessel is expected to arrive here toward the end of the month. The Waipiata was lifting cargo at Dunedin yesterday, and, via Timaru. Lyttelton, Welington. and probably Picton, is due here about to-morrow week. The Katoa left Auckland last Wednesday for Wellington, Lyttelton, Dunedin and Timaru, and loads in Dunedin on Wednesday next for the return trip. She is scheduled to arrive here toward