PRODUCE MARKETS

Press, Volume LXXI, Issue 21623, 6 November 1935, Page 13

PRODUCE MARKETS

DEMAND FOR POTATOES | INCREASES : FOWL WHEAT CONTINUES FIRM| i (by our commercial editor.l j Tuesday Evening, j Wellington has shewn sl ; ghtly more i interest 'in the local potato market during the lest few days, and quotations have firmed a little, though the busim ss done has been very small indeed. Transections have taken place at the equivalent of £G 10s to £7 a ton nn trucks. Holders nre still interested in the market, but the rest of the trade, except perhaps farmers who have been left with part of tneii crop, have decided that the season is over. A certain amount of business has been donr> in next year's crop at about £3 to £3 5s on trucks. Fowl wheat cont.nues nrm, ane. sales have been made as high as 4s ad, f.0.15. . Australian Qats are being quoted from Auckland, where they, can be landed at 4s 2d. sacks in. This quotation is equivalent to a little more than 3s on trucks here, and will probably have some effect on the local market. The samples so far to hand are not particularly impressive. The smail s..cd U«ue remains quiet, but there is a certain amount of steady business jn retail orders. hma.U export orders have also come to hand. Quotations The following are quotations for produce paid to farmers on trucks, .'•'cj of commission, sacks extra, cx_ei;t where otherwise stated: — Wheat—lnterim payments: Tuscan 4s sd. Hunters 4s 7d. Pearl and Velvet 4s f)d, f.0.b.; fowl wheat 4s Id i'.o.b.. s.e., for shipment to the North Island. 4s 4d for South Isianrl djnvery: "free," 4s Id, f.0.b., s.e. Oats —Algerians 2s 7d to 2s 8d a bushel: Cartons. A's to 3s 3d, B's to 3s Id; Duns to 3s 3d. Potatoes —Prompt, nominal quotations, £7 a ton. Perennial Ryegrass —2s Gd to 2s Jd a bushel. Italian Ryegrass—2s 6d to ~s Jd a bushel. White Clover—urt to lOd per lb. Cocksfeot —To 10d per lb for Akaroa. yd lor Plains. Red Clover—Gd per lb. Chaf:—£3 10s a ton. Flour— £l2 7s a ton, local; £ll 12s shipping. Bran —Large. local, £4 15s; small £5 ss; shipping £4 10s. Pollvrd-Lars;.; £6 ss, small £6 Ijs; shipping, £5 10s.

AUCKLAND [THE PRESS Special Service] AUCKLAND, Ncvcinbcr 5. A sharp in rca:o in olYerinas of now po.aejcs has risulled in materially chcckim; the dimanrt for souihem, wh ch ::ro s.ilin;.;" at lis 3d per cwt. The Pukekoiio quotation is 17s on truck-. The arrival of a further shipment o[ unions has brou:;.'it about an essim; in -.he price. Caned an and Caiiiornian are quoted at 17s };er lOOio baa;. iviaizc is almost unprocurable at us iOs a busk-l. The price of pollard has been advii..ad 10s a ion lo .Co Bran is quoted at , r ..;. 'lk> trade in horse food is steady. ('.'a.s quotations are: i 5 Gartens is 10d u budud, A Careers :>,.

LONUON TuAMKETS iiF<;ii ('o:i^^s.:^J^^::: , :•; i:kpokt o Th" Department of Agriculture has received the following cablegram, e:.io.(! Novnaecr '■'., troni lb" lia.ii Commissioner for New Zealand. London: — Tai'ow- Spot, market quiet; va.lues unchanged. Manna —Market idle and easier, with second-hand sellers. "K" c;rado, 1123 10s. Sisal —Market quiet and steadier at the eiose. No. 1 for November-Decem-ber shipment sold at 5125 l;>s; for January-March shipment sold up to A; 23 7s fid. New Zealand—Market quiet; orders and oilers scarce. Nomina! value on the basis of llic;h Points is £23. E:',aa;—Market quiet. Eneaish: Scarce; prices have advanced. Imported: Siisiatly easier. La;;dsii--National pack, liis Cd to 24s (id; ordinary pack. IDs. (id to 21s Gd. Danish: 13s (id to 1.7s Gd; Australian: Us to 12s Gd. Peas—Maples: Market very quiet. New Zealand: On sample afloat sold 52s Cd; No. 1 for October-December shipment 53s 3d at close. Sellers' offer for November shipments 535. "A" grade Tasmanian afloat sold 5-ls. New crop Tasmania for February-March shipment offered 50s. New Zealand for March-April shipment 495; buyers' ideas 2s less. Blues —Poor demand. "A" grade Tasmanian for November-December shipment sold £lO 10s.

WHEAT MARKET LONDON QUOTATIONS (UKITKD PRES3 ASSOCIATIOK—COPTHIOBT. I LONDON, November 4. Wheat cargoes are firmer. Parcels are in small request and easier. I'ulures are quoted:— Oct. 31. Nov. 4. London (a quarter)— s. d. s. d. February .. 25 4 25 4 April .. 23 5 25,. 2^ Liveprool (a cental) December .. C 2.1 (3 2 March .. 5 105 5 103 May 5 10.1 5 9.4 THE METALS MARKET

MORRIS HEDSTROM DIVIDEND (PRBS9 ASSOCIATION TELEGRAM.) WELLINGTON, November 5. Morris Hedstrom, Ltd., have declared an interim dividend of 2i per cent, on ordinary shares, payable on December 31. [Ordinary dividend last year was 4 per cent.]

(CHITED rr.ESS ASSOCIATION— COPTBtOHT.) LONDON, November i. Oct. 31. Nov 4. Copper— £ s. d. £ s. d. Standard, spot 35 0 0 34 18 !) Forward 35 6 10.', 35 G 10.', Electrolytic . . 35 5 0 39 15 0 to 30 15 0 40 5 0 Wire bars 39 15 0 40 5 0 3>ncl — 0 Spot .17 7 6 17 10 1' orvvard 17 7 6 17 10 0 Spelter— 16 7 6 16 1 Spot 3 Forward 16 7 6 16 3 9 Tin— 0 Spot .. 223 10 0 223 10 Forward (3 212 7 6 month) 212 15 0 SilverFine, per oz. . . 29 5-16d 29M Standard, per 31 id oz 313d