COMMERCIAL

Northern Advocate, 18 April 1933, Page 10

COMMERCIAL

NEW ZEALAND FRUIT

EXPORT SEASON ENDING-.

RIG DROP IN TOTAL

(Special to ‘‘Northern Advocate.") AUCKLAND, This Day.

The last shipment of fruit for export from Auckland for the season will be made towards the end of May. A big drop has' been shown in the total exports of apples and pears from the Auckland province, 12"), 000 cases having been exported this season, representing a decrease of o'), 000 cases on last vear’s total.

Mr S. 31. Conway, Auckland manager of the New Zealand Fruit Growers’ Federation, Ltd., said that judged by the quantity of fruit for export, the season had not been a very successful one, and growers’ applications for shipping space had not reached last year’s figures. February rains had swelled much, of the fruit to sizes debarred from export. Mouldy core had been fairly frequent, and a. good deal of codliu moth- had been evident, . botii those factors considerably reducing-tin? quantity of fruit for export. This year, said Mr Conway, the Fruit Export Control Board had restricted the export of Stunners larger than the the EM count, or more than 25 inches in diameter. He thought -the decision w- uld prove to be in the interests ot exporters, as overseas market reports had indicated that large sizes wore not soiling well on the British market. Every effort had been made this year to increase local consumption, so that the large sizes which were not up to export standard might be placed. Prices, for shipments which had reached the British market had not been very satisfactory,. ‘a decline in values having been general.

The Fruit Export Control Board had been advised of the French Government's decision to impose a. surtax of Id per cent in terms of sterling' values on Imports of New Zealand apples. This will hamper trade considerably, as about 20,0011 cases of apples were exported to France last season, and it was expected to build up the total to 50,000 cases this season. The marketing of large size apples had given the Board some concern, as shipments had been arranged for South America, although the position with regard to payment had not been finally settled. The total exports from New Zealand this season, it was estimated, would be about .1,400,000 cases, compared with about 1,000,000 cases last season.

PRICE OF GOLD. AUSTRALIAN FIXTURE. The price fixed by the Commonwealth Bank for gold, including jewellery, lodged at the Melbourne Mint for the week ended April 7, was at the rate of approximately £0 10/0 a standard ounce (22 carat), equal to a premium of 75,00 per cent. Payment is made according to the assay value of the gold. The price was 2d higher on the week. The price an ounce fine was £7 8/11, a rise of 2d on the. week. The Commonwealth Bank’s price for sovereigns at head office, Sydney, was unchanged at 04/. Queensland Yield. The Queensland gold yield for March was -1,758 ounces, valued at £20,211., compared with 700 fine ounces, valued at £o2o(i, for March, 1002. ■ This represents an increase of 0080 fine ounces, valued at £10,045. , For the- three months of the year the yield was 10,128 fine ounces, valued at £55,704, compared with 2000 fine ounces, valued at £11,020 for the corresponding period of 1002.

I WHOLESALE MARKETS. 3 CURRENT QUOTATIONS. (Special to “Northern Advocate/") AUCKLAND, This Day. The following prices were current on the wholesale market today;— Butter. —.First-grade ’factory, booked, 30-Jd per lb, lOd per lb for prompt cash. Second-grade factory booked, 9Jd per lb, 9d per lb for prompt cash. Farmers’ separator, Sd per lb. Cheese. —First-grade factory, export size (SO’s), ():,d to per lb-; best quality medium (40’s), Jfi-id to 7'd per If.; first quality, Gipl per lb; loaf, 7LI to S||d per lb; tinfoil, half-pound pats, l/M per lb; bars, lid to 1/ per lb net. Honey.—Rulk, white, 41d per lb; light amber, 4d per lb. Bacon.—Hams, 10d to lid per lb; rolled hams, l/l per” lb; cooked hams, l/.‘» per lb; cooked pressed hams, 1/d per lb; bacon’sides, S,}d to 9d per lb; ,rolled sides, lOd to lid per lb; middles, Hid to lid per lb; shoulders, 7ld per lb; rolled shoulders, 9J.d (ier lb; lard, bulk, 7d fier lb; pats, .Sd lb.

Linseed. —Whole, 10/3 per cwt

Linseed .Meal. —1(1/11 per 10011). Flour, —Local: 2001 b sacks, £l-1 12/0 per ton; 100’s, £lO 10/; fin’s, £l6; 2fi’s, £lO 10/; 12Vs, £l7 12/0; Oj’s, £IS 2/0.

Malt.—Crushed, 11/3 per bushel; whole white, .11/ per bushel; whole black 12/0 per bushel. Twines, —Beaming, first quality, 2/0 per lb; second quality, 2/3 per lb; binder, 39/ per cwt. Peameal. —10/ per 1001 b. Bluestone. —36/3 per cwt. Linseed Oil Cake. Nuts. —12/3 per IOOJbs.