THE WOOL MARKET.

Manawatu Standard, Volume LIV, Issue 304, 21 November 1934, Page 5

THE WOOL MARKET.

DOMINION PRICE OUTLOOK. WELLINGTON, Nov. 21. The New Zealand AVoolbrokers' Association states that the latest information received from Australia indicates that to October 81; 1934, new season's wool received into store was approximately 1,660,000 bales, of which 467,000 bales had been sold and shipped. For the same period in 1933 wool received into store was approximately 1,680,000 bales, of which 788,000 bales had been sold and shipped. It will be seen that the new season s market prices are responsible for a holdover of over 300,000 bales. This accumulation will now come on the market during the New Zealand season. The average prices received by the Australian grower last season from December to March are shown in juxtaposition to the three Christchurch sales and one Dunedin sale during the same period: Australia.—December 16.47 d. Christchurch, December 12, 13.62 d. Australia.—January, 19.94 d. Christchurch, January 26, 17.03 d. Australia.—February, 18.70 d. Dunedin, February 5,15.10 d. Australia.—March, 15.65 d. Christchurch, March 2,12.81 d. Comparing the sales at the fine wool centres mentioned with Australia, it will be seen that our avertige prices are considerably lower, and should provide an indication of the values which should be realised if we take into account the Australian present season's values. The average prices per lb since the new season commenced in Australia are:— July 9.19 d August 10.14 d September 8.79 d October 9.48 d From the latest information received from the National Council of Wool Selling Brokers of Australia, it would appear that the prices were likely to be stabilised at October values, and this should provide a guide to growers as to what New Zealand values will be at the commencement of the season for fine wools. FROZEN MEAT. The New Zealand Farmers' Co-op. Distributing Coy., Ltd., have received the following advice from London: — Meat is cheap, beef in plentiful supply ; domestic lambs are restricting general sales of imported, but new season's Australian is in good deamnd at firm prices.

WELLINGTON MARKETS. FRUIT AND~VEGETABLES. WELLINGTON, Nov. 21. Prices of fruit, vegetables and other produce in the Wellington markets this week are quoted as follow: Fruit.—Apples, Sturmers, 3s 6d to 6s a bushel; Delicious, 6s 6d to 7s 6d; others, 2s 6d to ss; Washingtons, 6s 6d to 8s; cookers, 6s to 7s. Pears: Winter Coles, 7s to 9s a bushel; Winter Nelis, 4s to 6s; cookers, 6s to 7s. Strawberries: Auckland, Is 2d to Is 4d per lb. punnet; Nelson, 9d to Is per lib. punnet. Cherries, 8s to 9s 6d per 101 b. box; others, 6s to 7s per 101 b. box. Passions, 10s to 12s per half-case. Lemons, cured, 12* to 14s a bushel; others, 8s to 10s a bushel. Plums, bronze, 5s 6d to 6s 6d a halfcase. Vegetables.—Cucumbers : 6s to 10s per dozen. Tomatoes, hothouse, lOd to Is per lb. Gooseberries, 2Jd to 3jd per lb. French beans, 8d to Is per lb. New potatoes, Pukekohe, 6s to 6s 6d per sugar-bag; Hutt, 9s to 10s per cwt. Green peas, 8s to 10s 9d half-sack. Broad beans, 2s to 3s 6d per case. Asparagus, 4d to 8d per bundle. Onions, brown Spanish, 8s to 10s cental bag. Cabbage, spring, 3d to 9d per case. Lettuce, 9d to Is 9d per case. Cauliflowers, 2s to 4s per sack. Spinach, Is to Is 3d per case. Carrots, 2d to 6d per bunch. Parsnips, 4d to 5d per bunch. Rhubarb, 3s to 5d per dozen. White turnips, 2d to 4d per bunch. Swedes, Id to 6d per bunch. Spring onions, Is to 2s per bunch. Beetroot, 6d to 8d per bunch. Leeks, 2d to 4d per bunch. Eggs.—Fresh first grade, lid to Is per dozen. Honey, 8s 6d to 9s per dozen sections. Wiilnuts, 6d to per lb. AUCKLAND MARKETS. AUCKLAND, Nov. 20. Only a small proportion of Auckland's potato trade now passes through merchants' hand 9. Southern are almost, off the market, and new season's are chiefly dealt with direct by rail from Pukekohe or through the auction marts. Quotations are: Table southern, £5 10s per ton; local, 5s to 5s 6d a bag. The market is still supplied with Canadian onions, but it is doubtful whether these will last out until the new season's become available. Meanwhile, the price is firm at lCs per 1001 b bag. the market for oats has weakened in the south, and there is consequently an easing in the local position. Merchants are now quoting B Gartons from 3s 3d to 3s-4d per bushel. Chaif is unchanged at £7 15s per ton. Fowl wheat is very steady. Graded lines of wheat are firm at late rates, namely, 5s 2d per bushel; and maize is still iselling at 4s 2d.

There is no alteration in the charges for barley, but stocks are getting low, and new season’s supplies from Australia ere likely to be quoted at a price that will be well above a parity with wheat and maize. This is a factor in an increase of 6d per 1001 b in barleymeal, which is now quoted at 9s.