'THE MARKETS AT A GLANCE.

Auckland Star, Volume LVII, Issue 16, 20 January 1926, Page 4

'THE MARKETS AT A GLANCE.

1 QUUC-T WHOLESALE THA3ING. TOWN THADEBS VERY SLACH. AMERICAN RAI.-IN MARKET ADVANCES. ..._.. TWINES PEA.P.EH. ■ sin-bland -tar ' office. Wednesday. January -f>. : 0-.'<>. 1,,,-, ,t 'bis lime ia.-t 'ear die retail , -hops -, V ere .-fiminepcitiL- p. stel busy again. , put' the extra inn- spell ■!' hot weather , -hat s now heme experienced has •nrotirac-ed r-eat -lumbers to stay away .omrer 'ban i-ual. with ;tie result that the local traders are iiiuiine both their ramilv in.! ' 'unt.-r trade or-.- much below usual volume. -ionsi.ler-.ti- the rime of year, last week--- '■mini.- business may be ; restarted as 'air. 'he amount -.it" 'fade I done -turlnc- th,- i-'-:dav and Saturday i -flowing -nine mprovmept over The ' earlier part or the' week. Commencing j this week, how.--'..-: epnrts are Pot so 1 stood, die amount of ppsiness done so far : showine a console due 'ailing off in I comparison with ear's return taken iat this rime A",. ■ ■• - ire also feeling i 'he errecr .f "lie ; lull. but. as they ire now cnmmeu let their staffs io •or -heir annual Vs. the amount of j Du.-me.s.s commit .. - spincient to keep I those remaining i.miv busy. i Oversea arrivals during' the past week , I have spnwn ralrlv good volume, and ample supplies if iimas-, lentils, haricot beans. I I pineapples, and tapiocas have lately ■ j landed, which should keep the trade eoiiig ; [ ill further direct shipments come to hand. I Canned goods are fairly active, some j I grades moving sliijbtlv better than others. ! owing to the low prices now existing for some varieties. Certain brands of ■southern cereals have been very short, ; but as soon as the heavy shipments which are now landing arp delivered inquiries ' should go back to normal. .Spires are j still very tlrrn. practically every spice '' commodity being quoted at advances on - previous rates, with the tendency for j even hlsrher prices. Dried fruits are j exceedingly active, and are belli)? sold at i hum prices, .some packers having- sold so i far forward that they have been com- ' pelled to withdraw prices. - Dates. Conslderinc the ilrm state or the j indent market in London for S.iars. i Khedrawi, and loose park, merchants' j seiiini? rates may be considered to be very . i attractive. The market in London has , j made two or three small rises since prices; were named at the besinnlnir of the season. ! and cables received during the last few | -lavs advise a nirther increase of nd per I cwt in all grades, storks arrived during December, and are considered to till pre- j sent requirements, bur if oversea quota- . tlnns show any inrrease on the last rates I named, retailers may expect an early ' revision in merchants' selling rates. Crystalised Cherries. A revision in quotations for forward dPllvery in the pack of French crystalised cherries shows an increase of Id per lb I in indent rates. i Whole Macs. 1 Eastern forward quotations have remained fairly steady for some time past, i the extent of fluctuation over a period of three months not being over 3d per lb. London quotations have been more active, and forward rates are now listed at an I advance of 1, per lb. It is understood j that supplies, which are drawn partly from the West' indies, are not sufficient for the present heavy consumer demand in Great Britain. Cocoa Sutter. The market for cocoa butter continues | strong-, and forward rates, which were . recently revised, are now listed at an j advance of 3/ per lb. Coffee Beans. The different primary markets continue i to denote firmness, while the future' mar showed further advances in the ' early part of the month. The demand r..rj consumptive requirements is steadily i becoming larger, which, together with the j fac* that the cropping has been poor. tends to keep the raw product in strong I market. Quotations to the retail trade I were advanced considerably in the early part of last year, but since then have ! remained unaltered. j Cream of Tartar. I English quotations for on per cent I cream of tartar are now listed by one j house at a reduction or approximately 4/ per cwt under the market rate for shipment in ."-.lay next. Previous shipments were listed at an increase of 5/ per cwt on previous quotations. It is reported that the grape crop in France has been an almost total failure. in Tact, it is said that some vineyards produced no grapes at all, a factor that has already made, a I stronger market i'or French, and will ' eventually affect English quotations. Some i shippers are holding fair stocks, but I others are limiting their shipments to ! nominal quantities. Pineapples. I The arrival of the direct steamer from ! Singapore in the early part of the month, I with heavy shipments of pines, was just 1 in time to relieve the local market, which : was almost without supplies, tin; heavy i consumer demand during December having! effected such a clearance that in some j cases merchants had only Hawaiian left to ; offer, as this shipment was nought when I indent rates were at them lowest, mer- I chants have been able to revise selling i rates, and the different packings now being I offered are excellent value. I i Ceylon Tea. j At the sale held in Ceylon on the l-Jth inst. the. quantity offered was much' smaller than usual, as it only amounted i to I,dOO,OOUIb. Quality remained about.' on a par with the qualities ottered during I the previous week. Demand for the differ- j ent grades was quite general, as most! buyers, in face, of tin* increase, In prices, . were operating in good volume. All kinds, with only one exception, were I quoted at advances on last week's figures. j The alterations are as follows:—Common Broken Pekoes advanced id. Cleaned! Broken Pekoes Id, Price Broken Orange Pekoes unchanged. Medium Broken Orange Pekoes and First classic Brokens id, I Newera Eliyas Id per lb. ! Peanuts, Chinese number one hand-picked peanuts are now offered at. a reduction of approxi- j mately £- per ton by one of the large sellers or this line. This business is Tor prompt shipment, and, in view or the I reduction, sellers experienced no difficulty in getting business, some of which was i cabled up to Hongkong last week ror con- j Urination, and was duiy accepted. Ginger. Chinese preserved ganger is now beintr i offered for prompt shipment from Hong- | kong this month at rates that are more favourable than has been in evidence for.' some, months, present prices, on a basis j of s'ilb boxes, being at a reduction of £d > per lb. Other sizes, l.'s and M's, are at proportionate reductions. immediately ! prior, to Christmas, the local market was I very bare of supplies, and it was only . when consignments arrived rrom Sydney ! on the -Din ult. that the shortage was j relieved to any extent. " i American Raisins. I A g-eneral ifrming- up' of the different i varieties of American raisins and sultanas I has been in evidence during the last couple I of months, sellers now advise the receipt i of cables since the New Year which, in j comparison to the previous indent rates j ruling, show further increases. Thomp- I son' 3 seedless, in bulk twenty-fives and i I tittles, are up 1/6 per cwt. Oil dipped! I seedless have advanced -2/ per cwt. ! Indian Lentils. The new crop or Indian split lentils is ! now being quoted for .\larcu-April direct j steamer, with prices remaining very ilrm. i Supplies of old season's were broug-nt forward by the direct steamer which arrived about a week ago. but as buyers at the } time of purchase were uncertain as to the I future trend or prices, only very normal j quantities were brought by this vessel. j i lie opening: rates now named are the same as the anal price for old season's last i year, so that those who have not yet j nought do not obtain any advantage as regards prices, but are also at the dis- ! advantage of not being able to obtain i rurther direct suipments until the steamer' arrives here, about .May-June nest. Twine. Two months ago English cotton twines were, advised at sligHt reductions, and j jutes, owing to the. arm state of the market, had advanced approximately 3d per ib for all grades. While cotton twines i nave since remained firm at the last reducenr S? continued activity has been experl- . dric I -»,.-Jv"h in * mark and revised graoes.—-oi. jot, _~--, 30 _. _ u4 , aml 3Q _? Barcelona Nuts. months preceding December, the rorYvarrt market, which was previously 1 "Jtwaia ing one. has eased, and Barcelona nuTs^-_

now hpine listed at a reduction or 8/ pec ! net on previous lists. Present quotations ! are Tor prompt shipment from London. | Lima Beans. ! Soon .ifter opening rates ("or new I season's Lima beans were named, the . market in London moved up £o per ton. indent pales remained firm at the advance ' quoted until a few weeks ago. when. owing- to an improvement in supplies, for- ; ward quotations were reduced -2 per ton. i which leaves present rates £4 per ion higher ;han quotations ruling ror last season's.. Walnuts. A iftte re-vision in quotations ""or Frenrh rraries shows that indent rates for walnuts n shell have declined 5/ per r-wt. nwinj in an easing -dl ; ii demand.. Halves are. moving into consumption a little more rapidly, and. :n -''nserntence of :he sustained demand, indent rates have -hown .ncreasps of :u pc,- --.v. Hardware. Less business activity is reported from both ;he wholesale and retail sections of [He hardware trade. -bops generally seem rather well stocked pp. which is probably accnuntln-' partly for the siackenm:.- oIT in ;nmiir.es. The number or people still sway at the -easidp and holiday' resorts bas also a :>-ndenr-,- 10 restrict local buv.np. and shopkeepers are not greatly • •.oibiisiHsric or aiiv improvement ut the present position till next month. '' oo Inor mats are n steady demand, with -some sizes. particularly threes and iron.-, inclined to be short -rocked, i'-'iit jars are still belne distributed, and some kinds are now in short simply, hut further shipments are expected by the -vdni v cess,.) mat has just arrived. Breakage is", uni'or•unaiPlv. an aiinnvinsr feature it" rlie.s,- ,-on--iffnments. and -i -,-'-m.s that, -1,. matter how carefully tile jars ire packed by shippers, the bn-ikui-c in -nine crates -,-, unusually larrrc. Wholesale Current Prices. Butter. — s'loertlnp quality creamr--.-butter, honked i,? - per i!,. prompt .-ash Anchor ; tij per lb, Opnilki 1 >;- t per lb : first irrade factory. i.tu per lb book-Hi and : f) per ib ror prompt casn: -econd grade factory, booked ; .',4 per ib md I 5 per Ib for prompt cash- rarmc-'s-separator. ! 2 per lb. 'iheese.First grade facturv. medium size, mild 10+ dto ;>ijd per it) main:-1 I iij per lb: loar, 1 0 i per |1). Bacon.— Hams, 1, ,i, i -> per- 'h- rolled bams. 1 ,2 to l/:t per lb: boned bams I ia per lb: bacon sides, t m . , per ib: rolled sides, i.- !'~ -| ■_» per ib middles'. 1 2 to > "> per lb: shoulders, "it to lid per lb: rolled shoulders, lid '~ ; per lb Lard: Hulk, lod to lid per lb: pats lid to : / per lb. Flour.—Local and southern 'onto, sacks cm ;.-,. per -op, toil's £. in" per ton. .»o's £2 1 per toil. 25'S 2! 15 ppton. less .+ per cent discount Sharps and Bran—Local sharps em 10 per ton: bran. £0 to per -nn ' Linseed. Whole. 24/ per ,-wt. ground 25' per 10011) ° U ' Bluestone.— 32, 6 per cwt.