MORE LIFE IN THE MARKETS

Taranaki Daily News, 8 June 1932, Page 5

MORE LIFE IN THE MARKETS

CANTERBURY PROVINCE PRICES.

SUDDEN ADVANCE IN ONIONS. By Telegraph.—Press Association. Christchurch, Last Night. There has been more life in the produce market during the last few days than for a long time.. Potatoes have further advanced. Tubers for prompt delivery are quoted to-day at £5 17s 6d f 0.b.. sacks in, June delivery at £6 and July delivery at £6 15s. A fair amount, of business has taken place in prompt and June deliveries. August-September delivery are quoted at £7 10s. . The Waipiata sailed on Saturday night with approximately 12,000 sacks of potatoes from all southern ports. She will arrive in Auckland to-morrow. The Waimarino is due to sail to-mgyt with only a small consignment of a icw hundred sacks from Lyttelton and 800 from Timaru. Prices to farmers for prompt potatoes are £5 a ton. Farmers are not very keen sellers at this pi ice. Onions have met with a meteoric rise since the week-end. They advanced m quick stages from £ll to £l2 and tnen £l3 a ton f.0.b., sacks in, and sales are reported to have taken place at up to £l4, with sellers asking £lu. The puce to “rowers is nominally £ll 10s upwards, but there are not many on.ons in growers’ hands. The jump m the market is due to the New Zealand demand, as no Japanese onions are expected io ar - rive in the north until the middm of July, and the price is too nigh for export to Sydney. n„t a l?owl wheat shows no alter&timi. Oats are slightly weaker. A Gartons are quoted at 3s a bushel on trucks, B Gartons at 2s 9d and Algerians at is.