POTATO MARKET EASIER

Sun (Auckland), Volume III, Issue 792, 12 October 1929, Page 12

POTATO MARKET EASIER

POSITION IN CANTERBURY Press Association CHRISTCHURCH, Friday. The potato market has lost some of the brightness it possessed earlier in the week. On Wednesday sales of October deliveries were made at £ll ss. but today buyers are not accepting offers of £ll. However, it is the prompt market that has met with the principal check, prices dropping back to £9 a ton, f.0.b., s.i. They were ruling at £lO on Wednesday. The Waipiata is expected to sail from Lyttelton on Monday or Tuesday, and she will be followed by the Waipahi, probably on Wednesday. It is expected that the two boats will take about 6,000 sacks from both ports for Auckland. The wheat market is unaltered. Seeds are in small demand, and there is very little in farmers’ hands. Perennial ryegrass is worth up to 7s a bushel, f.0.b., s.i.. Italian to 6s; Cocksfoot, 13d to 13*d a lb. for machine dressed, and cowgrass 80s a cwt. The quality of cowgrass this season is very indifferent, and merchants are not prepared to quote more than 4fd a lb. to farmers. European seed is being offered at a very low rate. Dogstail is quoted at 7d to 7£d a lb. The Irish crop is a heavy one, and there is no export outlet. Fescue is quoted at 9£d a lb. FOREIGN EXCHANGE RATES British Official Wireless RUGBY, Thursday. The following rates on foreign exchanges are ' current today, compared with the cabled quotations on October 8

and par:— Oct. 10 Oct. 8 Par. Montreal, dol. . 4.92?* 4.913 2 4.86 5-32 4.86G New York, dol. 4.86 L‘l-3: 4.S6G Paris, fr 123.941 123.8G1 124.21 Brussels, belga 34.87 35.00 Geneva, fr. .. 25.14 25.22 Amsterdam, fl. 12.091 Rome, lire .. 92.94?* Berlin, r.m. . . 20.391 12.10 1-S 12.10 92.891 92.46 20.39 20.43 Stockholm, kr. . 18.14 18.12 18.159 Oslo, kr IS.201 18.201 18.159 Copenhagen, kr. IS.21 18.201 18.159 Vinna, sch. .. 34.59 Prague, kr. .. 164} Helsingfors, m. 193} 34.54 164} Ii:5S‘ 193} 192.23 Madrid, pes. .. 32.751 32.751 25.221 Lisbon, escu. .. 108} 108} Athens, dr 375 Bukarest, lei. . 818 375 375.00 817 25.221 R. de Jan., m. 5 7-S 5 7-8 B. Ayres, dol. . 47 3-32 47 7-32 47.57d Calcutta, rupee 17 13-16 17 27-32 ■ 18d Shanghai, tael . — Hong Kong, dol. — iVs • “ Yokohama, yen. 23 19-32 23 19-32 24.58d Batavia, fl. . . — 12.132 12.10