COMMERCIAL
APPLE EXPORT PROSPECTS
ENGLISH IMPORTERS NOT HOPEFUL
HIGH PRICES PAID IN BRITAIN LONDON, December 14. Fruit importers at present are not hopeful of the prospects of New Zealand and Australian apple shipments in 1941. Some of the largest dealers fear that Lord Woolton's speech last month means that no shipping space will be available, but they point out that conditions may improve within the next two months, and recall similar pessimism at this time last year. A fair quantity was then shipped. Meanwhile apples are becoming a luxury. British supplies are dwindling, and shops are charging Is, Is 4d, and some even Is lOd per lb for desserts. It is expected that shipments of canned fruits and jam will continue to be restricted, but less drastically than apples, as they do not require refrigeration.
FRUIT AND VEGETABLES
GROWERS’ REPORT The Christchurch Tomato and Stone Fruitgrowers’ Association supplies the following report:— Apples: Quality is poor. Delicious 11s to l:is, Sturmers 9s 1o 11s a bushel case; cucumbers, glasshouse lOd to Is per lb; gooseberries, 4d to 5d per lb; tomatoes, first grade Is 4jd to is fid per lb, second grade Is Id to Is 3Jd per lb; cherries, best Is to Is 4d per lb, others 7d to Is; peas, Is 9d to Is lOd a peck: french beans, 3d to lOd per lb; broad beans, Id per lb; beetroot, 2s a dozen bundles; asparagus, 4d to 7d a bundle; turnips. Is to Is fid a dozen bundles; carrots, Is fid to Is 9d a dozen bunches: lettuce, best 3s to 3s lOd, others Is to 2s a dozen; cauliflowers, best 5s to 8s a dozen, others Is to 3s; cabbages. best 5s to 9s a dozen, others 2s to ss; spinach. Is fid to 2s 9d a dozen bunches; onions. 5s to 9s a sugar-bag; spring onions. Is to Is Bd a dozen bundles; potatoes. ijd per lb; rhubarb, 5s to 8s a dozen bundles.
A large shipment of Australian oranges is expected on December 19, also a shipment of bananas. MINING REPORT Argo—The dredge return last week was 20oz for 71 hours and 6500 yards. Short time was worked owing to the dredge being under repairs. Blackball Creek—The return last week was 370z for 122 hours.
LONDON METAL PRICES
LONDON, December 13. Silver is quoted at 22, d an ounce standard, 24 11-16 d fine; tin. spot £257 to £257 oa a ton, forward £260 to £260 ss.
LONDON COMMODITY MARKETS LONDON, December 14. Fridav's closing prices were;— Rubber, para 13d per lb, plantation 12 3-32 d; turpentine, nominal, about 67s per cwt. FOREIGN EXCHANGE Telegraphic rates of exchange on overseas centres on Saturday were quoted by the Bank of New South Wales as follows (the first quotation being the buying one and the second the selling one) ■—£%: New York. dol. to El N.Z.. 3.2542. 3.20a0, Montreal, dol. to El NX. 3.6039. 3 5290; Greece, drachmae to £1 N.Z.,—. 412.70. Java, florins to £1 N.Z., 6.187. 6.004; Hong Kong, N.Z. pence to dol.. 13J, 19 1-32; India and Ceylon, N.Z. pence to rupee, 22 19-64, 22 54-64; Shanghai, N.Z. pence to dol , —. 5 13-32; Singapore. N.Z. pence to dol.. 34 53-64, 35 37-64; Manila, pesos to £1 N.Z., 6.559. 6.442,
COMMERCIAL
Press, Volume LXXVI, Issue 23204, 16 December 1940, Page 5
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