POTATO SHORTAGE
PRICES STILL RISING HIGHEST FOR MANY YEARS VERY HEAVY DEMAND Tho potato market continues to advance and strong buying competition has forced prices up to £'l6 to £l7 a ton, through store. As far as can be ascertained, this is the highest price since early in tho century, tho only comparable'figure in recent years being £ls, which was reached in 1928, when a Wellington firm "cornered" the market. Potatoes are now worth more than three times as much as a year ago, when tho through store price was around £5 a ton.
Moreover, as these high prices are not bringing any invisible stocks into tho market, it is considered likely that even higher prices will rule. Until the Pukekohe crop can meet the demand, about the middle of November, the South Island will bo the solo source of supply.
The shipment to arrive by tho Wingatui on Tuesday is smaller than expected and has been almost cleared. Some merchants have received inquiries from the South Island regarding tho possibility of repurchasing potatoes shipped by this steamer.
In spite of the high prices, there is an exceptionally heavy demand, and one merchant stated yesterday that potatoes were easier to sell at present than at ordinary values.
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New Zealand Herald, Volume LXXII, Issue 22225, 27 September 1935, Page 12
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207POTATO SHORTAGE New Zealand Herald, Volume LXXII, Issue 22225, 27 September 1935, Page 12
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