In the Market Place

Sun (Auckland), Volume IV, Issue 964, 6 May 1930, Page 11

In the Market Place

LESS FRUIT OFFERED SEASON DRAWS TO CLOSE With a slightly better demand, there are still shorter supplies of all lines of fruit coming forward. However, there will be an easing in certain lines with the arrival by boat this morning of Australian fruits, including oranges and grapes. The late frosts of last year have delayed the lemon crops and supplies are scarce, with the demand good. The market is again over-sup-plied with all green vegetables, the demand being poor. Most lines in fruit at today’s auctions at the City Markets were, essentially the same in price as last week. Hothouse grapes show a decline and the outdoor product from Te Kauwhata is finished. The demand is poor for pears, cape gooseberries and apples. Better supplies of mushrooms are coming in daily. quotations:— » FRUIT Grapes.—Colman, hothouse, Is to Is 9d a lb. Tomatoes.—Local, No. 1, smooth, 7s to 9s; Xo. 2,4 sto ss; Hutts, 6s 6d to 7s 6d. Apples.—Cox Orange, 4s to Ss; .Jonathans, 3s 6d to 5s 6d; Munroes, 3s 6d to 4s 6d; Ballaratts, 4s to 5s 6d; Delicious 2s 6d to 6s. Pears.—Coles, 6s to Ss 6d; Clairgeau, 2s to ss; Beurre Diels, 3s to 4s; Vicars, 3s to ss; Keiffers, 2s 6d to 4s 6d; Commice, 4s 6d to 5s 6d. Lemons.—9s to 16s. Passions.—2s to 4s. Persimmons. l —3s to 4s Cd. Tree Tomatoes.—2s 6d to ss. Cape Gooseberries.—3d to 4MI a lb. Pigs.—2s to 3s a case. Oranges.—Californian, 44s to 465. Mushrooms.—ls 6d to 3s a lb, according to condition. Bananas.—Ripe, ISs to 30s a case. FIELD PRODUCE Potatoes.—Southern, 6s 9d to 7s a cwt; local Pukekohes, 4s to 5s a bag. Onions.—Sugar bags, 2s Cd to 3s a bag: gunneys, 3s to 3s 6d a bag. Kumeras.—Local, 2s to 3s 6d a bag. Cabbage.—ls to 3s a sack; good Savoys, 3s to 4s 6d a sack. Cauliflowers.—ls to 5s a sack. Swedes.—2s to 3s a bag. Pumpkins.—4s to 6s a cwt. Citron Melons. —9s to 11s a cwt. Green Peas.—ss to 11s a bag. Beans. —Is to 4s a bag.

Lettuce.—ls to 3s a case. Cucumbers.—Hothouse, 7s to 8s a dozen outdoor, 7s to 8s a dozen.

Vegetable Marrows.—2s 6d to 3s 6d a dozen. Water Melons.—6d to 9d each. Rock Melons.—4d to 9d each. Cabbage.—On benches, Is to 3s a dozen. Cauliflower.—4d to 9d each. Celery.—Xo. 1, Is 6d to 2s 6d bundle. Xo. 2,4 d to lid bundle. Rhubarb. —2s 6d to 3s a dozen. Spinach.—6d to Is a dozen. Pumpkins.—On benches, 3d to Is each. Radish.—6d to Is dozen. Spring Onions.—Gd to Is 3d a bundle. Carrots, Parsnips, Beet and Turnips, Sd to lOd a dozen. Leeks. —3d to 6d a bundle.

MARKET TUMBLES

ANOTHER SHOCK AT NEW YORK Reed. 10.36 a.m. NEW YORK, Mon. The Stock Exchange suffered another ‘‘bear” shock today, with the sales crossing the six million share mark at 2 o’clock this afternoon. This was the first time that this total has been reached since November 13. United States Steel crashed down and the entire market followed. Steel prices crashed three to ten points. May wheat made a new low price at one dollar a bushel, and rallied only eight cents before the close. Cotton futures dropped nearly two dollars a bale.

Shortly before closing there was a rally in stocks, but it came too late to affect sufficiently the high gains, although recoveries from one to three points did occur.

BUTTER AND CHEESE

Merchants report receipt of overseas cables as follows: Amalgamated Dairies, Ltd., from its London house under date May 3: “Butter: Anchor, price unchanged at 140 s. General trade still very quiet. Danish, 136 s on the spot, 127 s f.o.b. Market rather weak. Deliveries of New Zealand, 1,365 tons; istock, 9,945 tons. Retails unchanged. Cheese market very quiet. Majority asking 84s for white and 88s for coloured. Retails advancing on Monday to lid.” Leonard and Son, from A. C. Rowson, London, under date May 2:

“Cheese: New Zealand, white, 81s to 82s; coloured, S7s. The demand is slow and the market firm. We anticipate an improvement. Butter: New Zealand, first grade, 131 s; finest, 1335. The demand is slow and the market weak. The outlook is very uncertain owing to Danish at 1305.”

Joseph Nathan, from Trengrouse and Nathan, Ltd., London, under date May 5: Butter market weak at 131 s to 1325. Cheese market firmer; white 83s, coloured S7s.