WHEAT DOWN AGAIN

New Zealand Herald, Volume LXIX, Issue 21325, 28 October 1932, Page 7

WHEAT DOWN AGAIN

MARKET AT WINNIPEG.. QUESTION OF A BONUS EXPORTS FROM VANCOUVER OTTAWA, Oct. 26 A message from Winnipeg states that wheat prices touched new seasonal low levels to-day, with losses of 1 3-8 cents to 17-8 cents. The further fall in prices no doubt will bring the question of Government support of the market into the House of Commons. Many rumours have been prevalent that the Dominion has secretly supported the market at times in the past, but the Government has never stated whether it ,was doing so. The announcement that no bonus would be given to wheatgrowers this year has no connection with support or otherwise of the grain exchange. Last year the Government gave the prairie farmers a bonus of 5 cents a bushel. A message from Vancouver states that wheat exports from that port doubled those of 1931 to-day, totalling 18,000,000 bushels. Bookings to the end of December total' 14,000,000 bushels, of which 11,000,000 bushels, are for Britain and the rest for the Orient. FUTURES AT CHICAGO A FURTHER DECLINE LOWEST RATES ON RECORD CHICAGO, Oct. 26 Wheat futures s declined further to-day at Chicago. Closing rates were as follows, yesterday's quotations being in parentheses) :—December, 44-J cents a bushel (45 3-8); May, 50 cents (51); July, 51* cents (52 1-8). New York quotation for cash, 53 3-8 cents (54). To-day's prices are the lowest ever recorded on the Chicago Board of Trade. At a few interior stations bidding on any basis was entirely suspended. Cash prices for wheat and corn from southwestern States were less than half the freight charges to Chicago. The price of Kansas wheat was 20 cents, approximately a quarter of the cost of production. THE MARKET BASKET ISLAND ORANGES SCARCE VERY FEW STRAWBERRIES Fruit and vegetable prices show the only variations of importance in the retail food quotations this week. Strawberries are still very scarce, Captain Cook retailing at 2s to 2s 6d a chip. Tree- tomatoes are exhausted and Island oranges, of which very few are available,®, are gelling at Five to six for a shilling. Further supplier are expected on Tuesday. Bananas and grapefruit are slightly dearer. Asparagus, both local and Tauranga, is dearer and as the season is drawing to a close, only poor specimens are obtainable. The last shipment of Sydney' peas and beans is no.w sold out, but loqal peas are 2d cheaper. ' V ' ~ ■: y ' f Spring lamb is now selling at lOd per IU. for leg and 9d for loin, forequarter • and hindquarter bringing 7d and 9d per lb. respectively. Uiifk eggs are a penny cheaper. Other prices are unchanged. Prices are:— FRUIT Apples. Delicious and Sturmers, 4d.a lb; Grannie Smith, sd; Munroes, 4d; pears. Nelis and Winter Cole. 4; tomatoes, hothouse, Js to Is 6d; Cook Island, 2d to lOd. grapes. Califomian.. Malaga, white. Is 3d to Is 4d; red. Tokay. Is; Emperors, Is 3d; strawberries, Marguerite, choice. Is Gd to 2s; medium. Is 3d to Is 6d; rough, from Is: Captain Cook. Qs to 2s Gd: extra choice. 2s 9d: oranges. Island, five to six for Is; Australian, Valencia, six to 12; mandarins. 12 to 20; lemons, local, 12 to 18; bananas, 4d a lb; passion fruit. Is 3d to Is 9d a. dozen; grapo fruit, local. Is to 2s; Califomian, 5d to Gd each; pineapples, Queensland, Is to Is Gd; mangoes, Island, od to 8d; loquats, Sydney, 5d to 6d a lb. VEGETABLES Potatoes, Southern, 9lb for Is; new, 2d to 3d a lb; kumaraß, Island, 2d; onions, Canadian. 3d to 4d; swedes. Id; pumpkins, 3d; cucumbers, hothouse. lOd to Is each; outdoor, 5d to 8d; celery, 2d to 4d a head; rhubarb, 4d to 7d a bunch; asparagus, local, Sd to Is a bunch; Tauranga. lOd to Is 3d; beans, French, hothouse. Is to Is 3d; broad beans, 3d to sd; Sydney marrows, 8d to lOd each: peas, local, 4d to Gd: cabbage, 4d to 8d; cauliflower. 6d to Is: lettuce. 2d to 4d; carrot, parsnip, turnip, Id a bunch; radish, beetroot. Hd; leeks. 2d; spring onions, spinach, lid. FISH Schnapper, whole, 4id a lb; trimmed, sd: smoked. 8d; skinned fillets, 8d; terakihi, whole. sd; smoked, 7d: kippered fillets, lid; trevalli, whole. 2d; smoked, Gd; John Dory, whole, 8d; fillets, lid; mullet, whole, 6d; smoked, 8d; flounder, 6d; dabs, 7d; lemon fish fillets, 4d; silver strip, smoked, Gd; hapuku steaks, 8d; wings, smoked, 6d; moki steaks, sd; smoked-steaks, 7d; cod, smolsed. Is; gurnard, whole, 3d; barracouta. whole, sd; smoked. Gd; frostfish, whole, 4d: hake, whole, Gd; kippers, Scotch,.ls; crayfish, Gd a lb; mussels, freshj Is Gd a dozens pickled. Is Gd a bottle: rabbits. Gd each; hares. Is Gd each; mutton birds,. Is; cod, fillets. Scotch. Is Gd a lb: findoli haddocks. Is 3d; oysters. Is 3d, Is Gd and 2s a bottle: whitebait, 2s 9d a lb, or 5d a glass. MEAT Beef.—Bump steak. lOd a lb: undercut, Is Id; all beef steaks, skirt eteak, sd; sirloin, 7d: sirloin (rolled), lOd; prime ribs, sd; prime ribs (boned and rolled), 7d; wing ribs (three chine bones), fid; topside (4lb and over), thick flank, bolars. 4Ad: double top rib. 3d: chuck rib. 3d; rolled back rib. Gd: corned round, 63d: corned brisket (boned), did; brisket and ttat rib, 3d; thin flank. 2d; gravy beef or shin meat, 3d; minced beef. Id; tripe, Gd; dripping. sd; suet, 4d; sausage, sd; sausage meat, 4d; whole shins or legs, Idhalf-shins or less (thick cud). 2d; * half-shins or legs (knuckle end). Id: ox kidneys. Is; ox tongues, 7d; ox tails, Gd; whole loins, Gd; whole rump, Bd. Mutton.—Whole leg. Gd a lb; leg. shank end (Glti and under), 7d: hindquarter, sjd; forequarter, 4d; necks, 4Jd: loin, 6c); neck and breast, 8d: leg and loin chops, 7d; neck chops, Gd; flaps, 2d; cutlets, trimmed, lOd; side, 31d: kidneys, tongues, 2d each; sheep's brains, 3d. . Spring Lamb.—Leg. lOd a lb; loin, 9d; hindquarter. 9d; forequarter. 7d. Veal.—Fillets, 7d a lb; loin, fid: shoulder, 4d; cutlets and venl steaks, 8d; chops, 6d; forequarter, 3d: rolled veal. Gd. Pork.—Leg, loin, 7d a lb; foreloin. with blade. sd: pork chops, 8d; corned hand, sd: corned belly. 8d; pork sausages, 7d. These are cash prices at the shops, booking and delivery being a penny a pound extra. BACON AND HAMS / Bacon.—Shoulder rashers. 9d a lb; best rib rashers. Is; by pieces, shoulder cuts, GJd to lOd. SHam.—Whole. Is a lb; in rashers. Is 4d; cooked, pressed. Is 7d; rolled. Is lOd; shoulders. Is 3d. BUTTER AND CHEESE Butter.—Factory, first grade. Is 3d a lb; second grade, Is 2d; bulk, farmers' butter, Hd. , , , Cheese.—Ordinary, 9d; more matured. 13 3d. EGGS Eggs.—Duck, lOd a dozen; hen, lid. VALUE OF THE POUND On the latest quotations. £1 in Auckland is worth approximately:— d > 18 0 in London. 22 9 in Sydney. 12 2 in . New York. .13 43 in Montreal. 12 . 1} in Paris. 12 2} in Berlin. 97 2§ in Yokohama