MAIZE REGISTERS EASING TENDENCY

Sun (Auckland), Volume 1, Issue 92, 9 July 1927, Page 4

MAIZE REGISTERS EASING TENDENCY

AMPLE POTATO STOCKS MARKETS REVIEWED Arrival sof potatoes which came t* hand ex the Kurow and Wingatui early in the week are sufficient for present requirements, and the local market has eased slightly. Operator* in the South, however, with the bogey of the Tasmanian importations temporarily removed, have again registered Oliver Twist tendencies, and the market there has firmed again during the last day or so. As yet little or n*> business is reported by Auckland merchants at the new figures.

Provided prices keep within bounds merchants in the North favour flu Southern market even at slightly advanced rates. Should, however, flu Southern demands bring about too large a margin above the overseas parity, then they cannot hope for business, and further outside shipments can be expected. Though steady shipments of new season’s maize have been coming to hand from the East Coast during the past few weeks,, the quality is not the best, and merchants still prefer the old season’s product. Some lines of the early shelled product have in fact had to be sacrificed owing to it sweating. One or two shipments of new season’s maize ex Gisborne has come to hand in better order.

The market registers an easing tendency, and maize is now retailing at about 7s 3d for new season’s, and T* 10d for the old. The Auckland wharf parity of the new season’s product ranges from 6s to 6s 6d, according to sample.

Inferior quality onions continue to glut the market and meet with little demand. A shipment of good quality Brown Spanish came to hand during the week, and found a ready sale, retailing up. to 11s and even 12s a cwt Although the demand is not heavy, the chaff market is firmer, selling ex store at from £3 to £9 10s a ton for Southern.

Little life is registered in onts and stocks move slowly. Retail through store A’s bring to 4s 6d, while B’s are worth 4s 3d. Duns are obtainable at 4s 6d a bushel retail.

There has been a steady demand for seed Algerians and Australians are quoted at 6s, with Southern 6d lower at 5s 6d.

Seed potatoes are now meeting with a steady demand from early sowers, though the wet weather is holding up planting operations. Quotations range from £7 10s to £l3 10s a ton, according to sample and variety. The wheat market still remains firm with growers in the South asking higher prices. Spot stocks of bran and pollard are ample for present requirements, and quotations remain practically unchanged. Molasses are meeting with a heavy demand from pig-farmers and find a ready sale at 5s lid a cwt, drum free, in scwt drums. Barley is selling freely on a market lower than has been experienced for some years. Best Chevalier is retailed at 5s 6d a bushel.