POTATO SURPLUS

Taranaki Daily News, 16 September 1940, Page 2

POTATO SURPLUS

By Telegraph——Press Association.

no outlet discoveeed I

Christchurch, Sept. 14. j The Canterbury potato market has , virtually ended. North Island merchants j have informed Christchurch merchants i that with potatoes bought earlier and | not yet delivered and stocks on hand i they have sufficient supplies to see them i through until the new crop comes on the market, which is expected to be about | the middle of October. Hopes that a market would be found 1 in South Africa to help growers dispose of at least some of their surplus crop ; have not been realised. An inquiry was 1 received in New Zealand from South . America for 7000 tons. The price was favourable and suitable arrangements could have been made about payment. but it was reported that all efforts to secure freight had been unsuccessful.. The Wheat Committee has fixed the final date for acceptance of 1939-40 ] wheat at November 30 and any grower ; whose wheat has not been received by that date cannot market it as this season's. It is estimated that about 300,000 bushels out of New Zealand's 8,000,000 bushels have yet to be mar--keted. ! Chaff, of which ther- is a fair supply with no demand, has shown a weakening tendency, the nominal quotation being £5 ton. Other produce and seed markets are unchanged. i