GRAIN AND PRODUCE.

Auckland Star, Volume LXIV, Issue 19, 24 January 1933, Page 4

GRAIN AND PRODUCE.

POLLARD STOCKS SHORT. ADVANCE IN PRICE. Stocks of pollard in the Dominion are scarce and merchants importing from Australia now have to pay more as a consequence of the higher exchange rate. The selling rate has accordingly been advanced to £7 10/ per ton. Bran is dull of sale, with no alteration in price. Potatoes. There is no improvement in the market for potatoes. There are still over supplies of Pukekohe and other Auckland-grown tubers, which fill the shops and are being retailed at unusually low prices. Onions. Onione, too, are very plentiful just now and Pukekohe merchants have lowered their prices further, in an endeavour to stimulate business. Present quotations are 4/6 per cwt, on trucks at Pukekohe, and 2/9 new sugar bag through city stores. Wheat Cheaper Soon. Small stocks of Australian wheat, eked out by lines of Southern urider-grade, will barely suffice to fulfil requirements until the first of the new Southern harvest becomes available. The earliest arrivals are expected from Blenheim next Tuesday. Samples show Marlborough grain to be of excellent quality and quite up to the standard of J;he Australian, with which the market has been supplied in recent months. The new consignments will be quoted- at about 5/9 per bushel, ex store. Maize. As a result of the hot weather maize has been rather dull of sale. Merchants are still quoting Bay of Plenty at 5/3 per bushel, through store. Oats and Chaff. Trade in horse feed continues dull. More merchants are holding consignments of oats on behalf of Southern clients, which they are endeavouring to quit at about 3/1 per bushel for B Gartons. Chaff lias eased in price and is now selling at £7 15/ per ton. Lower rates are expected when the new season's chaff comes to hand. Of the new harvest, the "Otago Daily Times" says: "The future position of the oat market is viewed with some concern in view of the heavy crop in Canterbury. It is anticipated that prices will be low, but there will be a tendency on the part of a good many growers to stook their slieaves and not sell at the low prices indicated. Further, the present high rate of exchange,' in addition to the duty, will have the effect of stopping any importations from Australia to the North Island. The present base of values is 2/3, f.0.b., s.i., for A Gartons, and 2/1 for B grade. "The nominal value of best chaff is £4 10/ per ton, sacks extra, ex store. Merchants are anxious to quit stocks in vi«.w of the low prices expected to be ruling for chaff next season. With the present low prices in Canterbury, it is anticipated that chaff will be much lower in price in the coming season." Barley. Australian barley is dearer as a result of the altered exchange rate and is now quoted at 4/ to 4/2 per bushel. Wholesale Current Prices. Pollard and Bran.—Mill prices: Pollard, £6 per ton; bran, £5 10/ per ton. Merchants' prices: Pollard, local, £6 10/, Australian, £7 10/ per ton; bran, £6. Oats. —Feed: B Gartons, 3/1 per bushel; A Gartons, 3/3; clipped Duns, 4.'; clipped Algerians, Australian, 4/3; clipped Gartons, 3/9. Fowl Wheat. —Australian, 6/2 per bushel; under-grade, New Zealand, 5/6 upwards. Maize. — Bay of Plenty, 5'3; African, ' crushed, 4/6 per bushel (501b). Barley.—Feed: Clipped, 4/ to 4/2 per bushel. Seed: Cape, 6/ per bushel. .Maize Meal.—9/ per 1001b. Barley Meal.—9/ per 1001b. Chaff. —G.b.0.5., £7 15/ per toil, Blenlicmi or Calite.bury. Potatoes.—Local, new, 4/ per cut. Onions.—Local, 2/9 per sugar bag. ,