DUNEDIN MARKETS

Otago Daily Times, Issue 23108, 6 February 1937, Page 10

DUNEDIN MARKETS

WHEAT, OATS, ETC. Harvesting is in full swing in the Canterbury district, and the wheat is now available in the northern province. Harvesting is also being carried out in the Central Otago districts, and the quality of the wheat is excellent. At this time of the year millers are anxious to secure new wheat for mixing with their stocks of old wheat. It is too early yet to say definitely how the new season’s crops will turn out, but they will certainly show a decrease in the aggregate as compared with the last season’s returns. The wheat crops throughout Otago and Southland are looking well, and the spell of fine weather now being experienced is just what was needed to’ bring them to maturity. The crops in the southern districts will, nevertheless, be late, and it will be a week or two yet before harvesting is general in Otago and Southland. The fowl wheat market remains unchanged, with prices ranging from 5s 3d to 5s 6d per bushel, sacks extra, ex store. Flour: 200’s, £l3 15s 6d; 100’s, £l4 12s 6d: 50’s, £l4 17s 6d; 25's, £ls 7s 6d. Bran, £5 5s per ton. Pollard, £6 15s per ton. Oatmeal: 2001 b sacks, £22; 25’s, £24, Threshing of oats from the stook is fairly general in Canterbury, particularly of the Algerian and Dun variety. The returns so far have been good, boih as to the quantity and the quality of the oats. Stocks of old oats are practically sold out, and the new season’s will come to a bare market. The opening prices are 3s 8d to 3s 9d per bushel, f.0.b., s.i., for A Cartons and 3s 6d for B’s. These prices are equivalent to 3s and 2s lOd respectively, on trucks, country sidings, sacks extra. The chaff market is unchanged. Supplies are equal to the demand, which is not over-brisk. Reports from Canterbury state that record yields of potatoes are expected there this season. Reports from South Otago, on the other hand, state that the yields will be considerably lower than last year owing to blight and flood damage. The position should, however, be improved given fine weather conditions from now onwards. The first samples of cocksfoot seed that have reached the market have been disappointing, so far as quality is concerned. This is the result of the seed having been threshed before it was properly matured. Latest samples are expected to turn out better. Reports as to the position of the Akaroa crops vary, but the 'general opinion is that the yields will be slightly less than those of last year. In other northern districts average yields are anticipated. Disappoiftting reports are being received regarding the ryegrass crops in Canterbury, particularly certified seed, the demand for which is ever increasing. Samples of Otago-grown ryegrass are expected shortly. The threshing of Chewing’s fescue has commenced, but there have been no sales recorded so far, and it is, therefore, impossible to name values.

Wholesale prices are as follows: — Chaff.—Good bright oaten sheaf, £5 per ton. ex store. Dairy Butter.—Milled bulk, to 9d per lb; separator, to 9d per lb. Bacon, Is Id per lb. Ham.—Ordinary, Is 2d per lb; boneless Is 4d. Eggs.—Stamped, Is 4d; case, ts 3d. Auckland onions, round about 7s per sugar bag. FRUIT REPORT

New season's apples are realising good values. The suoply, mainly from Nelson and Central Otago. is hardly equal to the demand. The tomato market remains firm. Hothouse-grown are arriving from North Otago and outside-grown from Christchurch. The Christchurch tomatoes are mostly of poor quality. Greengages are now on oner. High prices are being obtained in the north for Central Otago-grown greengages. As a matter of fact, there is a good inquiry in the north for all varieties of stone fruit. Many lines are going as far north as Auckland. The cold nights in the Central are enabling growers to pack their fruit on the firm side, thus ensuring their delivery in the northern towns in a good condition.

Moorpark apricots are In keen demand. The season will shortly be finished. Cherries are finished for the season. Choice quality Hale's peaches have been bringing good prices. The Wiggins and Triumph varieties are offering at lower rates. Bon Chretien pears are now on offer from Central Otago. Oranges are in short supply, and there is no information regarding further consignments. Transhipments of bananas ex the Matua came to hand during the week. The Maui Pomare is due in Lyttelton on Monday with a full shipment of Niue and Samoan bananas on board, the Dunedin portion being expected on the following day. Raspberries are practically finished for the season. Locally-grown hothouse grapes are now appearing on the market. French and runner beans are more plentiful, and prices have eased a little. The market for other vegetables shows little change. Wholesale prices are as follows: Apples.—Gravensteins, 9s to 12s 6d per case; cookers, 6s to 8s per case. Bananas.—Ripe, 22s 6d per case. Plums.—Dessert, 2Jd to 3d per lb, cooking, 2s to 3s Cd per case. Greengages, 3d to 5d per lb. Apricots.—Choice. 3d to 4id per lb; jam, 4s to 4s 6d per case. Peaches.—Choice, 2Jd to 4£d; jam, 3s to 4s per case. Nectarines.—Choice, 3Jd to sd; jam, 3s 6d to 5s per case. Tomatoes.—Hothouse, 9d to lid per lb; outside grown, choice, 4d to 7d; inferior, 2d to 3d. Jamaican oranges, 32s 6d per case; Californian navels. 455. Lemons.—New Zealand-grown, 20s per case for extra fancy; Californian, 65s per large case. Raspberries. 7s 6d to 8s 6d per bucket. Jamaican grapefruit, 27s 6d per case. Cauliflowers, 7s to 8s per sack. Cabbages.—Choice, to 5s per bag; other quality, 2s to 3s. Rhubarb. Is per dozen bunches; loose, to Id per lb. New season's parsnips, Is per dozen bunches. Carrots. —New season, Is per dozen bunches. New Potatoes.—Prime, to 3s per case: others. Is 6d to 2s 6d. Lettuce.—Choice, Is 6d per dozen. Green peas, 2d to 4d per lb. FOREIGN EXCHANGES (British Official Wireless) (United Press Association) (By Electric Telegraph-Oopyrtgnt)

ON NEW ZEALAND CURRENCY BASIS The Bants of New. South Wales, Dunedln. quoted the following rates for nurtlmaea and aalc.i of foreign exchange yesterday:—

RUGBY, Feb. 4. Paris— Par Feb. 3. Feb. 4. Francs to £1 12-1.21 105% 105 7-64 Brussels— Helens to £J SO 29.00 29.02} OsloKroner to £1 18,180 19.90 19.90 Stockholm— Kroner to £] 18.130 19.89} 19.39} CopenhagenKroner to £1 18.150 22.40 22.40 BerlinMarks to £ 1 20.34 12.18 12.161 MontrealDollars to £ I «,86 2-8 4.89% 4.89} New York— Dollars to £) 4.86 2-8 4.89% 4.89% Yokohama— Pence to yen 34.582 13 31-32 13 31-32 HongkongPence to dollar 24,58 14 15-16 14 15-16 BombayPence to rupee — • 18 3-64 18 3-64 Batavla— Florins to £ 1 12.10 • 8.89} 8.89} MilanLire to £1 82.46 93 1-16 93 Amsterdam— Guilder to £1 12.107 8.94! 8.93} PragueKroner to £1 1045 140 7-16 140% Geneva— Francs to £ 1 25.22} 21.41} 21.40 ViennaSchillings to £1 .. .. 34.86ft 26} 26} Uelslngfors— Marks to £1 193.23 226} 226} MadridPesetas to £1 25.225 93 11-32 93 11-32 Belgrade— Dinars to £1 25.22} 213 213 AthensDrachma to £1 3TB 6471 547} Lisbon— Eseudo* to £1 110 110 3-16 110 3- Hi BucharestLei to £1 931.6 670 670 Bio de Janeiro— . Pence to milreis .. 5.890 41 « Buenos AiresPence to pesos .47.22 — — Shanghai — Pence to taeJ — 14 17-32 14 17-32 Montevideo— Pence to pesos — 39% 89% Warsaw— i Zlotystofi] _ 20.06 20.08

London— Buying. Sailing £1 N.Z. to £11)0 r/i 124 124/10/O.D 123/10A 124/8/9 Australia— £ A to £ 100 N.Z. T.T. 101 100/10/O.D. 101 100/10/FIJI— £ Flo £100 N.Z, T.T. 00/7/6 89 O.D. 00/7/6 89 New York— Dollars to £ N.Z, T.T S.955 3.02% 3D, 3.97 3,92% Montreal— Dollars to £ rt.Z T.T. 3.0.6 S.S2J O.D. 3.371 3.93 Austria— Schillings to £ N.Z T.T. O.D _ 20.58 20.60 Belgium— Belgas to £ N.Z T.T. — 23.184 \ O.D. — 23.195 Czechoslovakia— Crowns to £ N.Z. T.T. — 111.88 O.D. — 111.93 Denmark— Kroner to £ N.Z T.T. 18.203 17.893 O.D. . 18.203 17 903 FranceFrancs to £ N.Z. r.T — 84.21 O.D. — 84.25 Germany— Relclismarks to £ N.Z T.T. — 9.701 O.D. — 9.70U HollandFlorins to £ N.Z. T.T. — 7.133 O.D. — 7.137 ItalyLire to £ N.Z. T.T. — 74.54 O.D — 74.59 JavaFlorins to £ N.Z. T.T. — 7.089 O.D. — 7.093 Norway— Kroner to £ N.Z. T.T. 16.181 15.891 O.D. 10.241 15.901 Sweden— Kroner to fl N.Z. T.T. 15.785 15.190 O.D. 15.845 15.500 SwitzerlandFrancs to £ N.Z. T.r. — 17.101 O.D. — 17.106 NoumeaFrancs to £ N.Z. T.T. — 82.84 O.D. — 82.90 Papeete— Francs to £ N.Z. T.T. — 82.99 O.D. — 83.05 Hongkong— N.Z. pence to 1 dollar ,, •• T.r. 18 5-16 18 13-16 O.D. 18 9-32 18 51-64 India and Ceylon— N.Z. pence to 1 rupee .. .. T.r. 22 13-32 22 tl-16 O.D, 22% 22 43-64 Japan— N.Z. pence to 1 veo .. T.T. 17 15-32 O.D — 17 29-64 Shanghai— N.Z. pence to 1 dollar .. •• T.r. 17 57-64 IS 25-64 O.D 17 r.5-G4 1814 | Singapore— N Z. pence to 1 T.r. ::t 'i7-fi4 35 7-32 O.D 31 41-64 35 13-64 Chi'fuo — N.Z. pence to 1 dollar •• •• T.T. O.D. 17 29-32 18 17-32 1 17 55-64 18 33-01 All rates subject to alteration without uotlce.