HOME APPLE TRADE

Poverty Bay Herald, Volume LIII, Issue 16242, 17 January 1927, Page 5

HOME APPLE TRADE

GOOD SEASON EXPECTED GROWERS MAY RETRIEVE SOME LOSSES (Elec. Tel. Copjright—United Press Assn.) (Australian and N.Z. Cable Association.) (Received Jan. 17, 10 a.m.) LONDON, Jan. 15. Apple importers are taking a hopeful view of the Australian outlook.

One of the leading city firms says the season should be successful and growers should be able to retrieve some of the losses incurred last year. This view is based on the following reasons: (J) The reduced quantity exportable from the mainland and from Tasmania; . (2) severe frosts have damaged the Spanish orange crop for the second year in succession; (3) the greatly improved industrial position with no likelihood of a recurrence of serious labor troubles for some time; (4) the health authorities and the newspapers have dropped the arsenic scare; (5) the reduction in freight. Against these favorable factors it must be borne in mind that the American crop is large and is bound to extend into the Australian season.

So far there has been no news of any English importers making forward purchases, which is not surprising when one recalls how badly bitten some of them have been in recent years, but Continental buyers arc already busy and several purchases have been made for Scandinavia at high prices—West Australian Cleopatras 14s 6d c.i.f., Dunns 14s, best varieties of Tasmanian apples 7s 6d f.o.b. The Germans also are operating at the same prices, which are - considerably above the figure which English buvers would give.