POTATO PROSPECTS.
NEED FOR OUTSIDE MARKET. Reports indicate that there is a heavy sowing of potatoes in South Canterbury this year, and unless there is an outlet to the North Island it is questionable whether the forward price of £4 10/ a ton f.0.b., s.i., will be maintained. A merchant told a representative of the Timaru Herald that potato growers "had been more or less promised from year to year that some endeavour would be made to lift the Australian embargo, and it was hoped that the new Government would do something in the matter. Since the high rate of exchange the balance of trade in Australia's favour was more than £2,000,000. A good many lines imported from the Commonwealth could carry extra duty and then only compete with Great Britain, New Zealand's best customer. In recent y»ars a formidable quantity of Australian gwods had entered the New Zealand market, and this quantity had been increased practically every month. "Without any doubt Australia has received treatment which should warrent her taking as many potatoes as New Zealand can possibly 6hip," added the merchant. "This season there should be plenty available."
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/AS19351227.2.34.3
Bibliographic details
Auckland Star, Volume LXVI, Issue 306, 27 December 1935, Page 4
Word Count
190POTATO PROSPECTS. Auckland Star, Volume LXVI, Issue 306, 27 December 1935, Page 4
Using This Item
Stuff Ltd is the copyright owner for the Auckland Star. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Auckland Libraries.
Log in