BRITISH MOTOR TRADE.

Auckland Star, Volume LVI, Issue 215, 11 September 1925, Page 4

BRITISH MOTOR TRADE.

EFFECT OF NEW DUTIES. The office of H.M. Trade Commissioner has received advice from home regarding the effect of the reimposition of the British import duties upon motor-cars, amounting to 33 1-3 per cent, which are removed a year ago. The result, he is informed, has been a general feeling of bouyaney and confidence in the trade. Continental manufacturers do not disguise their alarm, with one important exception, in which case the manuiactuier has stated that the principal object of import duties is to raise home prices, and in those circumstances he hopes •-&till ■: to - find* -an -entry into the United Kingdom market. So far from thia being the case, several British manufacturers have already announced reductions in their home prices, in anticipation of the duties, while arrangements for extended production are being made which will probably cause another general cut in prices on next season's models. The effect of this increased production J says the Commissioner, will undoubtedly Ibe a reduction in the price of British, models in New Zealand, and a justifica- ! tion of the principle of protection which may lead to a logical extension. THE LONDON MARKETS. LONDON, September 9. At the tallow sales 660 casks were offered and 190 sold. Prices were unchanged. Mutton, fine, sold at 51/; medium, at 46/G; and beef, fine 50/, medium 46/0. Wheat. —Cargoes are dull and there is little change in prices. Parcels are steady at about late prices.— (A. and N.Z. Cable.) The New Zealand Loan and Mercantile Agency Co., Ltd., have - received the following , cable from -their London omee, under date Oth instant:—' ■ Butter.—New Zealand choicest salted 202/ to 204/; New Zealand choicest unsalted, 202/ to 206/. Market quiet. Cheese. —107/ to 108/. Market quiet. AUSTRALIAN PRODUCE. SYDNEY, September 10. Following , are quotations on to-day's produce markets:— I Wheat. —Business is practically at a standstill. Bulk parcels. G/2A- farmers' lots, 5/11. I Oats.—Tasmanian Algerian, 3/6 to 3/s----[white, 4/9 to 4/11. ; Maize. —Yellow, 5/3; white, 5/1. Potatoes.—Tasmanian, in to £17- -yew Zealand, £14. • ' j Onions.—Japanese, £22. , At Adelaide growers' lots or wheat are [quoted a t S/io* to 6/. Oats at 2/ to °/3 I (A. and X.Z. Cable.) ' J CAMBRIDGE HORSE FAIR. (From Our Own Correspondent.) CAMBRIDGE, Thursday. The annual spring horse fair was continued yesterday and again to-day, broken oW*' fc° f , a ll Cla , Bßeß ¥** On the whole the class of animals brought i forward during these two days was euffii eient indication that the local tatSe stni I holds pride of place jn the Dominion in attracting good horseflesh. For anything of quality competition was very keen, and prices obtained were generally in advance of last £r\ T fi c hl f heß t ye«terda a y was 1 fieo Mr. F. G. Harton, of Springvale, the nurchasers being Messrs. A. B. Wright and Sons, of Auckland, who also. secured another fine entry, a four-year-old at £58. An i excellent line of three-year to five-year-olds, medium to heavy, on account of Mr .Tas. Taylor, Cambridge, sold up to £45 On yesterday's sales the average price ranged round about £30 to £40. Sonfe of the principal buyers were Messrs. R D Knight, Longburn; J. McCrae. MortonM. Rowlands, Peildlng; E. Plaisted, Wha : T^ ; hl? 4 A ? Ltd " Auckland. Competition for the pedigree offering was very keen, the top price reaching 71 guineas for entire Excelsior, sire Buchlyvle—Myrtle, purchaser Mr J Faltham, Te Kuiti; draught entire, General j Dene, three years, sire Bonnie Dene— • Puhetea mare, 55 guineas, purchaser Mr * E. Mcßurney, Te Akau. Several others ranged in price from guineas to 55 guineas.' Heavy draughts are in demand, and few 'offerings have been passed in. Breeders are , very well satisfied with results. V *T- MARKET CHANGES. • Brcrbft, Ltd. —Buyers £1/7/0, up Gα. Taupiri Coal—Buyers 17/, up 'Sα. - Soldiers' Loan—Buyers, - -both issues, iIOO/3/0, up 2/6. SOUTHERN EXCHANGES. PUXJEDIX, this da.v. Salca reported; Kawarau, 11/6.