OUTLOOK FOR APPLES

New Zealand Times, Volume LIV, Issue 12660, 21 January 1927, Page 10

OUTLOOK FOR APPLES

LONDON, January 15. Apple importers are taking a hopeful viow of the Australian outlook. One of tho leading city firms says that the season. should be successful and that growers should be able to retrieve some of the losses incurred last year. This view is based on the following reasons : (1) A reduced quantity is exportable from the mainland and from Tasmania; (2) severe frosts have damaged the Spanish orange crop for the second year m succession; (3) greatly improved industrial position with no likelihood of recurrence of serious labour troubles for some time; (4) health authorities and newspapers have dropped the arsenic scare; and (5) reduction of freights. Against these favourable factors it must be borne in mind that the American crop 13 large and bound to extend into the Australian season. So far there is ho news of any English importers making forward purchases, which is not surprising, when one recalls how badly bitten no me of them have been in recent years. But Continental buyers are already busy and several purchases have been made for Scandinavia at high prices: West Australia Clcopntrns, 14s 6d c.i.f.; Dunn's. 11s; best varieties of Tnsmnnians, 7s 6<l f'.o.b. The Germans are aleo operating at the same prices, which are considerably above the figure which English buyers would give.