DUNEDIN MARKETS

Otago Daily Times, Issue 22742, 30 November 1935, Page 10

DUNEDIN MARKETS

WHEAT, .OATS, ETC There are no developments to record in the milling wheat market, but odd lots are still being placed with those millers who have not yet secured their full requirements. In the Otago district there are practically no milling lines left in growers’ hands. In accordance with the announcement of the Wheat Purchase Board, no further supplies of last season’s wheat will be taken over by the board after December 6. The fowl wheat market is firm. Stocks are scarce, and it would appear that there may be a shortage until the new season’s wheat comes on the market. North Island merchants, are still being allowed to secure stocks from Australia, and it is understood that the Wheat Purchase Board has now only small supplies of New Zealand-grown fowl wheat. This wheat is being rationed out to North Island merchants for distribution. The value in Dunedin for good whole wheat is up to 5s per bushel, sacks extra, ex the truck, with small lots ex the stores worth higher money. Reports from Oamaru state that there is practically no wheat left in Oamaru and that it is quite on the cards that wheat will have to be imported into the South Island from Australia before tbe uew season’s wheat is ready. Australian fowl wheat is worth 4s 10Jd, c.i.f., duty paid, Auckland and Wellington. Millers’ prices for flour, etc., are as follows: — Flour.—2oolb, £l2 17s; 100’s, £l3 2s; 50’s, £l3 7s; 25’s, £l3 12s. Bran, £5 5s per ton. Pollard, £6 5s per ton. Oatmeal.—2oolb, £l9; 25’s, £2l. As practically no stocks of oats are held in the local market, business is restricted in this cereal. Shipping orders are being received from the North Island, but these have to be declined, owing to the lack of supplies. Shipping values remain unchanged at S's lid, f.0.b., s.i., for A Gartons and 3s 9d for B’s. These prices are equivalent to 3s 3d, sacks extra', on trucks, country sidings, for A Gartons, and 3s for B’s. Quotations are still being made on the market for spread delivery next year. These are on a basis of 3s for A Gartons, but no interest is being shown, as it is anticipated that there will be good yields next season. The chaff market shows no change, with Canterbury still supplying odd truck loads to the local market. Merchants are drawing supplies from the northern province as they require them. Prices are unchanged, best quality being worth up to £5 15s per ton. The demand is mostly for small lots. Old potatoes have a keen demand, but supplies ate now practically exhausted. Not much interest is being displayed by wholesale merchants in any seed lines. Apart from small buying by those witu r. distributing trade to farmers, little business can be recorded. There is also an almost entire absence of inquiry from overseas buyers, Prices remain unchanged for most lines. ' Wholesale prices are as follows: — Chaff. —Good bright oaten sheaf, to £5 16s per ton, ox store. Potatoes. —Prices irregular. Dairy Butter. —Milled bulk, to 9d per lb; separator, to 9d. Bacon, lOjd per lb. Ham. —Ordinary, Is 2d per lb; boneless, Ifl 3id. Eggs.—Stamped, Is Id per dozen; case, Canadian onions, 21g to 26s per cental; Californian, 21s to 25s per cental. FRUIT REPORT The wet weather early in the week caused a weakening in the demand for cherries and strawberries, but there was a better tone towards the end of the week. Supplies of both lines are iucreas-fiocnlly-grown apples are practically finished for the season. American-grown are expected some time next week. Supplies of tomatoes are increasing, but prices are being well maintained. Christchurch and local hothouse are the chief sources of supply. New Zealand-grown lemons are in good supply and sales are slow. Gooseberries are offering freely. Bananas have a keen demand, and high prices are ruling. Cauliflowers are bringing good prices. Cabbages are in over-supply. The demand is confined to sound quality. Lettuce are offering at low rates. Young carrots are in short supply. Green peas, mostly from, the Waimate district, are fairly plentiful. Satisfactory prices are being obtained in the marts. New potatoes were in short supply early in the week, owing to wet weather, but consignments to the marts have increased considerably since then. Prices for new potatoes are very good as compared with those ruling at this time last year. Growers report that they are well satisfied with their crop prospects. Rhubarb is in heavy supply. Asparagus has a better demand. Wholesale prices are as follows: — Apples.—Delicious, 6s to 10s; Stunners, 9s to 12s; llokewoods, to 10a. Tomatoes. —Chrietohurch hothouse, Is to Is 2d per lb; seconds, 9d to lid; local, to Is 4id. „ , I.mons. —New Zealand-grown, 10s to 12s 0d per case. Gooseberries, 2d to 3d par lb. Strawberries. —Choice, 9d to la per pottle; jam, 6d to Bd. ' Cherries. —Choice. 8d to lid; others, 5d to 7d.

Bananas. —Ripe, to 27s 6d per case. Californian grapes, 27s 6d to 30s. Cauliflowers. —Choice, 8s to 10s per Carrots, to 2s 3d per dozen bunches. Spring cabbages, Is 6d to 2s per case. White turnips, Is 6d per dozen bunches. Peas, 4d to 6d per lb. Spinach, to Is 3d per dozen bunches. Rhubarb, to Id per lb. New potatoes, 4d to 4Jd per lb; Auckland, 2£d to 3d. Lettuce. —Choice, Is to Is 3d per dozen; small, unsaleable. Asparagus, 6s to 7s per dozen bunches. FRUIT CROP PROSPECTS Reports from Centra) Otago state that the fruit crops promise well. The apricot crop, however, will be on the light side in some districts, and it is considered that the total yield will be much lower than that of last year. Both the peach and nectarine crops should be heavy in all the Central fruitgrowing districts. The plum crops are expected to be patchy. Some varieties of plums will carry only light crops, while others should bear well. The cherry crops will not be as heavy as last year,, but the quality is expected to- be better. The pear trees do not show a heavy blossom, but nevertheless a good crop is The apple crops in some localities will b e very light, and the returns from the Tasma and Dunn’e Favourite varieties, particularly, will be noticeably small. Taking the prospects all through the Central crop of apples will be smaller than that of last year. , , . . Not a great quantity of tomatoes is being grown in the Central this year, wrowers having been discouraged by the low prices they received last year. The returns from the strawberry crops have so far been disappointing. Some districts have to contend with damage caused by a grass grub. It is anticipated that the fruit from the strawberry crops will only be about 50 per cent, of the returns ‘forward last year. The raspberry crops, both in the Central and at Pine Hill, are expected to be on the light side. WHEAT. FLOUR. ETC. (United Press Association) (By Electric Telegraph—Copyright) •LONDON, November 28. Wheat: Cargoes are steady and parcels firmer. Futures: London—-February, 25s Id; April, 25s 2d. Liverpool—December. 6s,’ 7s 8d; March and May, 5s lOd. The spot trade is quiet. Australian, ex ship. 30s cd - _ . , .. Flour is steady. Australian, ex store, 22s to 22s 3d. Oats are firm. . Peas and beans are quiet and unchanged. DOLLAR AND FRANC I United Press Association r (By Electric Telegraph—Copyright) LONDON, November 28. Exchange on New York is quoted at 4.93 J dollars' to the £ and on Paris at 75 francs to the f.