OTAGO PRODUCE MARKETS

Southland Times, Issue 23852, 24 June 1939, Page 4

OTAGO PRODUCE MARKETS

High Values Ruling For Potatoes STRONG INQUIRY FOR SHIPMENTS (United Press Association) DUNEDIN, June 23. Local millers have now practically secured all the wheat they require for the season. The fowl wheat market is quiet. Merchants are holding heavy stocks and are not inclined to operate. Further lines from Southland are available at values below the maximum fixed by the Wheat Committee, but, although there is an accumulation of stocks of fowl wheat in Southland, it is considered that they will be required for the market in the South Island before next season’s wheat is available. The oat market remains steady. There is practically no change in shipping quotations. These are ruling at 3/1 f.o.b.s.i. for A Garton’s and 2/10 f.o.b.s.i. for B’s. Offerings from the country are now diminishing, with quotations at country sidings for heavy Gartons suitable for milling at 2/3 to 2/4, sacks extra. Ordinary A Gartons are worth 2/2 and B’s 2/-. . The chaff market shows little change. There have been some inquiries for shipment from this port, but while chaff can be obtained from Canterbury, northern merchants will not pay the same equivalent at this port. The local market is, therefore, confined to meeting ordinary day-to-day business which is not of very large dimensions. Values remain unchanged at £4/5/- a ton, sacks extra for truck loads and £4/15/- for small lots ex stores. POTATO MARKETS FIRM The potato markets have again firmed, as a result of the shortage of supplies. There has been a strong inquiry for shipments for the North Island, but the local market has not followed the upward trend to the same extent as the northern markets. The high values now ruling are having the effect of restricting the demand. Most local distributors have sufficient supplies to keep them going in the meantime. The nominal quotation for best quality Arran Chiefs is £l2 a ton, sacks included, with higher prices ruling for King Edwards. The seed markets remain steady. Supplies of good germinating ryegrass are short and merchants are not disposed to buy because of the high prices ruling. It is also considered that the retail demand will be affected as a result of the large quantity of low-germinating seed held in the country. This class of seed will have to be used by growers themselves, and it will also probably be taken up by their neighbours. The cocksfoot market is unchanged, with prices firm. The quality of the cocksfoot this season is exceptionally good, with high germinating tests. Only limited supplies of white clover are available in the country. There is a strong demand and the market is expected to remain firm for the season. The cowgrass market is quiet. The demand for Montgomery red clover remains steady at a reduced level.

There has been some export demand for brown top. All the seed saved by farmers has been marketed and is held by merchants. FRUIT REPORT The first of the season’s South Australian navel oranges landed in the marts today. The fruit, which was in good condition, was quickly purchased by retailers. Choice dessert apples are meeting with a good demand and the market could do with more of this quality of fruit. Supplies are coming mostly from Central Otago and South Canterbury. Choice cooking sorts also have a good demand. Other quality of apples have a weak inquiry. The marts are bare of bananas. The next shipment is due in about 10 days’ time. Supplies of hothouse tomatoes are now getting into short compass and high prices are ruling.' The season is nearly finished. A small shipment of Queensland pineapples arrived ex the Waitaki. Quinces continue slow of sale. Supplies of lemons are not equal to the demand. The new season’s new Zea-land-grown are expected on the market next week. Dessert and cooking pears are not over plentiful, and are not equal to the demand. CANTERBURY MARKET DEMAND FOR POTATOES ■ (United Press Association) CHRISTCHURCH, June 23. There has been a further firming in potatoes since the beginning of the week, with a keener demand from the North Island. Whites and Dakotas are now quoted at £ll/10/- on trucks and Aucklanders £l2, with an extra 10/on these prices for July delivery. There are two cargoes of potatoes for the North Island this week. The Port Tauranga left Lyttelton last night with 5844 sacks, 3344 from Timaru and 2500 from Lyttelton, and the Waiana is scheduled to sail tomorrow with about 2000 sacks from Lyttelton, as well as a quantity from Timaru. The small seeds markets continue quiet.

FAIR DEMAND FOR HORSES MONTHLY SALE AT GORE There was only a fair demand for working horses and hacks ate the monthly horse sale conducted by Messrs Wright, Stephenson and Company, Ltd., in their horse bazaar, Wigan Gore, yesterday. Top prices was secured for a rising four-year-old filly, for which £2l was paid. Other, horses, mainly young sorts, made up to £2o’ Passings were fairly frequent. Sales were: Aged mare at 10/-, aged gelding at £l, 1 at £l, 1 at £4/10/-, aged mare at 10/-, 2J>yr filly at £9, 2Jyr gelding at £lO/10/-, 18 months filly at £6/10/-, rising 4yr unbroken filly at £2l, rising 4yr gelding at £2O, syr gelding at £l9, 7yr gelding at £l5/10/-, 4yr do. at £l7, 6yr do. at £l4/10/-, 7yr mare at £2O, aged mare 10/-, 7yr at £lB, rising syr filly at £3, rising 4yr filly at £3, rising 3yr filly at £3, 9yr gelding at £l6/10/-, aged do. at £7. Passed in: Three-year unbroken filly at £l6/10/-, syr registered mare at £l6/10/-, 7yr gelding at £l4, 4yr mare at £23/10/-, thoroughbred mare at £ll, 1 do. at £l5, 6yr hack at £7. MINING QUOTATIONS IN LONDON LONDON, June 22. Mining shares are quoted: New Guinea, 1/4J. Bulolo, 96/3.