GRAIN AND PRODUCE

Dominion, Volume 29, Issue 94, 15 January 1936, Page 12

GRAIN AND PRODUCE

Auckland Markets Dominion Special Service. Auckland, January 14. The potato market is fairly steady, quotations being 3/9 to 4/- per sugarbag, or £7/10/- per ton on rail I’ukekohe. The wet weather is interfering with the marketing of Pukekohc onions, which are quoted at 4/- a sugar-bag, or £7/10/- per ton on rail Pukekohe. Maize is still very dear, and although Dominion supplies have been supplemented by a small shipment of crushed maize from South Africa, via Sydney, prices continue high. A further transhipment isxlue in abojit a week’s time, and this will include both whole and crushed grain. For all of this the price is quoted at about 6/7 per bushel, but a line of South African due to arrive in March will sell cheaper, namely, at 6/3 through store, or 6/- ex the wharf, in ton lots. Supplies of pollard are still scarce, and the difficulty lias been increased by the advancing prices in Australia. Merchants have accordingly raised their quotations to £8 per ton. Canterbury Markets By Telegraph—Press Association. Christchurch, January 14. Samples of Algerian oats have come in within the last few days. The quality of the samples is good, though there is nothing outstanding. Merchants have been offering 1/9 and 1/10 a' bushel on trucks for Algerians. Farmers are asking from 1/10 to 2/-, but no business has been done at the higher figure. A Gartons are quoted nominally at 1/10 to 2/-, a few odd samples having come forward. There is very little inquiry in the potato market, and prices’ nominally are the same as quoted previously, £4/10/- to £4/15/- f.0.b., s.i., for April-June, or about £3/5/- on trucks. The partridge pea crop will be later than last season. The area appears to be much larger than last year, and the crop generally is looking well.

There are fields of wheat in stook in North Canterbury. Crops are heavy, and it is expected that threshing will commence this week. Rust has appeared in some of the crops. A number of samples of ryegrass seed have been shown merchants, and some business has been done at 1/6 a bushel on trucks for both Italian and perennial. The carry-over of cowgrass is substantial, and as prospects of the ensuing crop are satisfactory, prices appear as if they will be moderate.

The only variation from the above general state of affairs is in the white clover crop, which will be considerably less than last year.

N.Z. Pound Abroad

Based on the figures quoted by the Bank of New South Wales, the New Zealand pound, compared with its original par value, is equivalent to approximately: 16/1 in London. £l/0/1 in Australia. 16/4} in U.S.A, 16/4} in Chnada. 9/6} in France. 9/55 in Germany. 9/5} in Java, £l/7/9} in Japan.