In the Market Place

Sun (Auckland), Volume III, Issue 870, 14 January 1930, Page 10

In the Market Place

AFFECTED BY RAIN FRUIT SALES IN CITY Unsettled, rainy weather has had a depressing effect on sales in the City Markets. Some lines, especially those in which inferior fruits continue to come forward, are being cleared at very weak rates. Local apples are plentiful, but there are too many small-sized and inferior windfalls, which are spoiling the demand for good fruit. A wide range of quality is apparent in the sales of apricots. Strawberries have increased in price. Peaches and good quality plums are still in fair demand. Ripe lines of tomatoes are maintaining their rates, but there is a great difference in quality among the lines. Californian oranges have firmed again, and Australian cherries are finished. In the vegetable market there is a glut of new potatoes and new season’s onions. The latter have not been able to dry properly in many cases. • Quotations: FRUIT Apples.—Gravensteins, large coloured, 7s to 10s a case; Astrakhans, large coloured, 7s to 10s; other Astrakhans, 2s 6d to os; windfalls and seconds, 2s to ss; cookers, 6s to Bs. Tomatoes.—Hothouse, 6d to lOd a lb; ripe outdoor firsts, 5d to 6d; firm and half-ripe, 3d to 4Jd; seconds, 2s to 3s a box. Oranges.—Californian, 33s to 40s a case. Lemons. —Firsts, 12s to 16s; seconds, 7s to 10s. Apricots.—Firsts, Cs to 11s; others, 4s to 6s 6d. Black Currants.—6s 6d to Ss a box. Strawberries.—Captain Cook, Is 4d to Is 7?sd a chip; Helensley Surprise, 9d to Is sd; Marguerite, 8d to Is. Grapes.—Hothouse, Is 7d to 2s Id a lb. Peaches.—Triumph, 4s to 6s; Mammie Ross and others, 5s to Bs. Plums.—Tragedy prunes, 12s to 143; dessert, others, 3s to 7s; seconds and over-ripe, Is 6d to 2s 6d. Bananas.—Repacks in bushel cases, 22s to 25s 3d. FIELD PRODUCE Potatoes.—New, Is 6d to 3s a bag. Onions.—New season, Is 6d to 3s a bag. Kumeras.—Tauranga, 8s to 9s a cwt. Cabbage.—4s to 10s a sack. Cauliflower. —4s to 10s a sack. Swedes.—2s to 6s a bag. Pumpkins.—9s to 14s a cwt. Green Peas. —3s to 15s a bag. Beans.—3d to s&d a lb. Lettuce.—ls to 3s 6d a case. Cucumbers. —6d to 2s a dozen. Vegetable Marrows.—ls 6d to 2s 6d a dozen. Cabbage.—On benches, 2s to 4s a dozen. Celery.—3s to 4s a bundle. Rhubarb. —Is to 2s a dozen. Spinach.—6d to Is a dozen. Pumpkins.—On benches, 6d to 2s 6cl each. Spring Onions.—6d to Is lOd a bundle. Radish. —6d a dozen. Carrots, Parsnips, Beet and Turnips.— Is to 2s a dozen. STOCK EXCHANGE OPENS NO CHANGE IN SYDNEY SYDNEY, Monday. The Sydney Stock Exchange was reopened for 1930 under dull conditions. The tone of the market was practically the same as before the Christmas vacation. Business in shares was resumed in lifeless fashion, and although later there was a slight firming in tone, this was due more to the absence of sellers than to eagerness on the part of buyers. The reduction in the Union Bank’s dividend, following upon the nonpayment of a bonus by the Bank of New South Wales, had an unsettling effect. The maintenance of Queensland National Bank and Electrolytic Zinc at the old levels was noteworthy. Week-end trading in investment stocks was easier, and this resulted in some marking down of prices, but the recovery of a few points by Commonwealth bonds was reflected in an improvement in several investment and industrial scrips.

The terms of the Commonwealth’s March conversion loan probably will be announced this month. The Loan Council is to meet this week, and until its intentions are known regarding the terms of the new issues, little life can be expected in the Commonwealth bond section. The amount of the Commonwealth loan will be £10,500,000, and the Loan Council hopes the investing public will await its issue in order that dealings in other new borrowings may not deplete local resources. Colonial Sugars closed on Saturday at £45 5s buyers, £45 10s sellers. Today sales were made at £45 10s and £45 7s 6d.