TRADE IN PRODUCE

Sun (Auckland), Volume III, Issue 785, 4 October 1929, Page 10

TRADE IN PRODUCE

FIRM TONE IN POTATO MARKET END OF SEASON IN SIGHT Sun Office, 3 a.m. With the end of the Southern potato season, as far as Auckland merchants are concerned. little more than four weeks off, prices again show a tendency to advance. The Southern f.o.b. market has shown a decidedly firmer tone over the past 24 hours. At the moment. Auckland merchants ; aro buying iron hand-to-mouth. Some are not even prepared to buy on an f.o.b. basis, and are depending on supplier. either out of store Auckland, or ex the ship s side on arrival. None is , prepared to buy forward. Stocks held over in Auckland from Southern cor.- ’ signment lots are gradually being j worked off, but these are now beginning to give trouble, as they are sprouting badly and require constant pick- • ing over. The Wingatui last evening brought approximately 7.000 sacks for Auckland. making the balance of the Sepj tember deliveries, but only a light • shipment is expected on next week’s boats. Reports from the South indicate that traders down there are in somewhat of a quandary as to where they are to secure supplies sufficient to metri October requirements. At the moment, tee v.'iiole outlook conveys the impression that there will be no more cheap potatoes this season, but that the tendency will be more the other wav. Through store, Auckland, merchants ask in the vicinity of £lO 15s a Tor. today, but indications are that this ; price will be raised within the next , : week. Possibility Of Dearer Onions 1 The two shipments of onions which arrived on the last week-end soon went j into consumption, as the greater part of both consignments was sold prior to | arrival for distribution among store- j • keepers. It is expected that a small ■ ; shipment will come to hand on the ! Niagara next week. These should be ! readily snapped up. The quality of the , Pacific Slope onions this season has ; been good.

Strong inquiry is still being met from Sydney for shipment, both from . Wellington and Auckland. The busi- j done with' Australia. however, i r AiIl not be large, as stocks here will be required for the local market, as it ; s highly improbable that any more I frill arrive in New Zealand till the end j '■>f October. Slightly higher prices than those ruling at present are possible in • the near future as a result. At the ; moment merchants ask ISs to 20s a ! -ase through store r and ISs to 10s a bag. Cereal Market Quiet The cereal market is quiet. Wheat holds firm at late rates, good whole fowl wheat selling through store, Auckland, in the vicinity of 7s 9d a bushel. Quick but steady business is being transacted in oats. Merchants’ through store price for E Cartons ranges in the vicinity of 4s 9d a bushel, according to the size of the order. Despite the fact that a fairly heavy shipment arrived from Tasmania early , in the week, the Auckland through ! store market for chaff is practically j unchanged at £lO 10s a ton. The market for maize continues 1 weak and shows little life. Auckland merchants are still Receiving small j parcels booked ahead on a basis of 5s 3d Gisborne, but any new business could be done at slightly under that j figure. Through store Auckland, rner- 1 chants ask 6s 6d a bushel for small j parcels. Bran is still hard to secure on the spot, and merchants are concentrating principally on pollard, which is held in supplies sufficient for immediate requirements. Merchants ask 10s 6d a cwt. through store. Produce Boat Movements The Wingatui arrived from the South at midday yesterday and should complete discharge today, sailing tomorrow for Wellington, Lyttelton. Timaru, Oarnaru and Dunedin. The Kurow, from Bluff and Dunedin, left Timaru last evening and leaves Lyttelton tomorrow for Wellington and Auckland, where she is due about Thursday next. The Waipiata is to load at Dunedin on October 10, thence Tirnaru, Lyttelton, Wellington for Auckland, arriving here about October 20. The Golden West left Los Angeles on October 1 for Auckland. Wellington. Lyttelton and Timaru. The vessel is due here on October 27. The Kaikorai was to have cleared Westport on Wednesday for Edithburg, Wallaroo, Adelaide and Melbourne-, to load for Auckland and other New Zealand ports. The vessel is due here toward the end of the month. The Niagara, from Vancouver, is due at Auckland on Monday. LONDON WOOL SALES MARKET STEADY, PRICES UNCHANGED Australian and N.Z. Press Association) Seed. 10 a.m. LONDON, Thursday. At the wool sales, 10,542 bales were offered, of which 4,031 were New Zeaand. There was a moderate and representative offering of greasy Merinos, and i good catalogue of New Zealand greasy :rossbreds, slipes, and scoured?. The reneral competition was steady, with norket prices unchanged. New Zealand, jreasies, crossbred, Mangapai 14d top >rice, 13d average; super-comebacks, Tount Winworth 12d. 1126. BRADFORD DEPRESSED The Bradford tops market is depressed, rith general uncertainty. Quotations: Vs, 31 d; 60’s, 29d; 58’s. 25-d; 50’s, 231 d: 1 6’s, 21d: 40 s, 2016. SYDNEY OFFERINGS CURTAILMENT DECISION lustration and X.Z. Press Association) 1 SYDNEY, Thursday. At the Sydney wool sales today 10.150 ales were sold. There was improved Continental and Japanese demand for { verage* descriptions showing fineness. * Ireasy Merino sold to 18*d. Owing to the low prices for wool, the ydney Woolbrokers' and Growers' Counil today decided to curtail their offertgs in this centre by 25 per cent, as -om next Wednesday until October 31. CHICAGO WHEAT MARKET Australian and N.Z. Press Association) .ecd. 10 a.m. CHICAGO, Thursday. Wheat. —December. 1 dollar 33 \ cents bushel; March, l dollar 40 cents; May, dollar 433 cents.