GRAIN AND PRODUCE

Dominion, Volume 31, Issue 243, 11 July 1938, Page 14

GRAIN AND PRODUCE

Canterbury Potatoes Dull

By Telegraph— Press Assuciariuu. Christchurch, July 9. The slight firming in the Canterbury potato market a week ago has been short lived. Merchants in the city are quoting £2/10/- to £2/15/- at handy stations, compared with £2/15/- to £3 at the beginning of the week. Practically the only buying that is being done, even at this price, is to fulfil odd orders which happen to come in. The Waiana has left Lyttelton with a fairly heavy consignment of potatoes for northern markets. She took in 4397 sacks from Christchurch and had taken on a cargo at Timoru earlier. Farmers seem to have given up hope of any result from the Government’s investigations into possible markets overseas. It is now a month since the Minister of Marketing (the Hon. .W. . Nash) said the Government was making investigations, and in the absence of any statement farmers are presuming that bis inquiries have not revealed any overseas outlet. Moreover, information received from various sources has indicated fairly definitely that there is not likely to be any profitable market in South America thin year. With the demand so slow a good many farmers are putting' their potatoes into pits, and it is estimated that about twothirds of the large crop grown in Canterbury this season is still being so held. The situation has led growers to discuss freely the feasibility of limiting the area to be planted next season. Other markets in Canterbury are inactive and unchanged. Gold Mining Returns The New River dredge returned 320 z. from 10.000 yards for 1.18 hours. '[’be White’s Electric return for the week ended July 8 was 30oz, for 128 boars from 7560 yards. The Molyneux Gold Dredging Co., Ltd., advise that because of the very low level at present of the Molyneux River the company's dredge has temporarily ceased operations. Normal operations will be resumed immediately river conditions permit. The Worksop Extended dredge returned 35 ounces fur 124 hours from 10,500 yards. By Telegraph—Press Association Murchison. July 9. The Mataki Junction return for the week ended July 7 was 40oz. of smelted gold for 131 hours and 29,000 yards dredged. Dunedin, July 9. The Gillespie's Reach wash-up was 03 oz. for 125 hours’ work and 13,650 yards of null erial treated. Gre.yinoutli, ,1 ul.v !*. The Argo Dredge return was 10-loz. for 128 hours' work from .13,000 yards. London Apples Market By Telegraph. —Press Assn —Copyright (Received July 10, 6.30 p.m.) Ixindon, July 9. With smaller supplies, apples are in good demand. New Zealand, ex Coptic: Sturmcrs, 8/- to 11/- a case; Granny Smiths, 10/9 to 12/6. Tasmanian: Stunners, 8/3 to 11/6 a ease; Granny Smiths, 0/- to 11/6,