MARKETS AT A GLANCE

Auckland Star, Volume LXX, Issue 191, 15 August 1939, Page 6

MARKETS AT A GLANCE

GOOD TRADING. ENGLISH HERRINGS WELL DISTRIBUTED. AUSTRALIAN" LEXIAS ADVANCE. "Auckland Star" Office, Tues/.iiy, August 15. 1939. Auckland wholesale grocery merchants report the volume o: business p'j: through last week was well maintained iind all departmea'-s are tipc-cte-i to be busy this week in acsemblin,; orders which aie now being received for S f- p: ember account, deliveries of which «"iil be made nest week. In the tobacco section, the midrr.oiith deliveries to the country districts were made to-iiy and will be commenced in the town area to-moriovr morning; General News. Sui>plies of a we:l-kjctown brand of English canned hen ings, winch i-ave been p: i-.-tiiil.v uiiprocuiaV.le lor to; ;e lime, carne to liar.'.; i&n week a≤ speciai rinantial arringementa had been made for i::irjortation. 'ihis fiiipment his moved rapidly :nto retailere' hands and guppliea at wbolesa:e now becoming short. Further eupplie*! tame to hand last week of Californian raisins in all jiackiriaa, this being the first shipment to reach Xew Zealand for some time, due to the pt-.ike last month, with the result that thi- supplies are rapidly moving into conS ip,. :■-.- of Po:i.i:._- sc-ed .~m_-o have been .-...:". or Mine weeks an i the r-iiipirient •■'■!:: ■:; :.s :,.;.v landinit will pjove very wel-c-.iae. U:i me auine Ka»tv:ii boat a: c sur-suj'pl.i-a '":: t.ipioCii, Jilli•?:; pple, Siiiricol b-:!:s. etc.. .-iil o: whicii are anx;The rii>; o: :::■• r:ew season's supplies of Cali:o!!iian apiicots came to hand last w.-ek and opened jp particiiJariy well. Ow;n2 ti» the shortage of supplies in Auttraiian dried fruit it is anticipated that this Biiipment of Californian will very bliojtiy be tornplctt.iy sold up. Xew season d I'iict-s for a well-known brand of chi'-k rood huve been announced at rates similar to those ruling last year, and as the sea.«on iri now conimencing a good demand is expected by merchants. Advice lias been received of an increase of approximately o per cent in the price of a well-known of dyes. Tli£ heavy demand for cow covers experienced by merchants during the recent cold snap has now slackened off aj>;>r'_'i-iub!y as tlie weather has become milder and the Iv.ilk of the sales for the h.e;i.so]i have now been made. A s'lhstantial increase hi- taken place in the price o: uot bottles of liquid paste t- :■•:■'.■:■■[ by fevera! man'if.T-rturers. thei:n■; ■■.!-(■ being caused mainlv by their not beiii.: >-iVi!<- to import bott!e«, with the it-.-;!r. that 'oca] bottles are being used at an iiici c-asr-d price. Advice ha* been received from manufacturers that owing to import restrictions, no supplies of tins of 2~i<) vestas will be available for four months. All other lines of wax matches are in ample supply, A picke<l line of tapioca is offered throughout the retail on a special bonus scheme of one free with every dozen ordered. Certain brands of EnalUh meat and fish p.'t-K-s are now !>.•■ omin;.' in .-boil supply, witu further snipp!>.« unprocurable owing to imports beiiij- prohibited. Nciv season's prices Tor all preserving jars, jam jars, etc.. have been named for spread delivery 1039-1040 seasons, quotations being on the same bams as la.'t year. Separate lids <ire also quoted. Towards the end of !,i>t Hanson r-ortain zinc types wr'.c very .elinrt for a time. Arrivals to hund from overseas and coastal ports dm ing the past week coniprise conMznmrnt* of laundry so.ip, oyster (trit, b-fakf..., , . foods, oatmeal (medium and coarse in s'ti and 25's ba2»), 50's rolled oats, bjkirife' powder, custard powder, jelly crystals, carbolic disinfectant powder, bath cleanser, boot polish, medicinal fruit ealts, safety matches, wax matches, fibre brooms, tobacco, Australian rice, brown rice, chewing gum, bulk Ceylon tpa. 3's iodised salt, carpet sweepers. 2oz cut tobacco, peanut kernels, pincapplfs in various packings, cubes, idiccd and crushed. Rangoon lice, Siani rice, Ponang tapioca, superior sago, medium pearl tapioca, etc., etc. Butter Beam. According to cables received last week, quotations for new season's Madagascar butter bean« are showing a firming tendency and are being offered for shipment towards the end of the- year. In comparison to last year' 3 opening rates present quotations show an increase of 5/ per hundredweight. ~ Tinned Fruit. Xew season's, quotations for both Californian tinned fruit and Hawaiian pineapple show an increase- of about ~> per cent on last year's opening rates. Quotations are for both prompt and forward shipment. Unfortunately there are very few licenses now available by which any of the above can be imported this year.

Australian Tree Fruits. According to latest advices received from the Commonwealth Dried Fruit Control Board they advise an advance in seeded lexiae, both 12oz and 16oz cartons, of 6d per dozen on the f.o.b. basis. Bulk shows a corresponding advance of about 3/ per hundredweight. All business is strictly subject to confirmation, as stocks are said to be particularly light in Australia. Pineapples. According to shippers' advice last week quotations for Singapore pineapples have eh own a firming tendency, and indications are that the market will go still higher. A certain amount of business was dono before the increase both for prompt an'd forward shipment. Tapioca. Tlie market for tapioca, both in Penang seed and medium pearl, showe a slight increase in comparison with the previou6 week's quotations. Flake tapioca remains unchanged. This market has been particularly short of certain types, but the arrival oi the Eastern steamer yesterday will enable merchants to satisfy normal requirements. Scotch Sild. New season's priens for Scotch sikl have been maintained, with quotations practically on the samp basis as Lost year. Shipment is offered for both prompt and forward delivery. Business is being accepted subject to a "fall clause," which will operate up to time of shipment , . Imports of sild have been cut 100 per cent, and ■the only opportunity of importing will be | if buyers can utilise funds in London. Coconut. The market for desiccated coconut has shown an easier tendency during the past week. Quotations are particularly attractive, and further business is going forward ; for prompt shipment. Eastern Steamer. • The Dutc-li pteamer Maetauvokev arrived from Singapore yesterday 'wit'h all Eastern products, such as rice, kapok, sago, tapioca, peanut kernels, nutmegs, mace, pepper, etc. Quite a number of these lines have been in very short supply, and this arrival is therefore very welcome. White Lead. English white lead registered an advance during the last , week for both prompt and forward shipment. Walnuts. All cheaper grades of walnuts are now withdrawn, and shippers advise remaining stocks in any better grades previously available are practically exhausted. Califomian walnuts have become increasingly popular in recent years on account of the excellent grading sysfem in California. Brazil Nuts. The market for shelled Brazil nuts, according to latest cable?, still shows a declining tendency, last week's rates being listed at a. further reduction of Md per lb. Rice Meal. On account of the abundant rice crop in Australia stocks of "rice meal are steadily accumulating and are now offered at attractive rates to New Zealand buyers.

FoUowint: on the advice of coairoi in Iraq, dates •were quoted riiroueh al! agen-cs on a nsed prk-e basis. Packers ■of pa-nacular brands now advise ratas si a slsht presiiuin over the controlled price. Sicily Almonds. Shippers advise t-hax. rhe new season's crop of Sic:!" almonds shows indications of being thorr this year, and a≤ a resuil are sr.iii being quoted &x particularly firm raters on the basis of opening prices. Sugar. The price of all grades of sugars, including tablets I bulk and cartons), icing sugar, crystals, golden syrup and treacle, have been reduced by 10,' per ton to-day. On JuJy 1 _ i~r refined tugar showed an advance of £1 per ton. Since then prices havt; shown gradual reductions as follows: July IS. 15/ per ton; August 5, 10/ per ton; AugTiFt 15, 10/ per ton.' Wholesale Current Prices. Butter.—First grade pats, 1/4*4 per lb; firs; grade bu:k, 1 i% per 3b; second grade pats, 1 iU per :b; second grade bulk, 1.4% per ]b; whey pats, 1'3% per lb. Cheese.—Export (SO's): Crate" low. 9%d per "o: less, 10d Per lb. Medium (40"s): Crate lots, 10d per lb; lesa, lOVid per lb. 20's: Crate lots, 10% d per lb: less, 10% d per lb net. Loaf: Crate lots, 103 id per lb; less, HU-i per lb net. Bacon.—Ham, 1 '2 per lb; rolled bonelese h?.m. 1,'4 : 2 per ",b; cooked whole ham, I,'oH per !b; cooked rolled ham, I,'S per lb; choked presse<l han-;. 1/10 per lb and II per lb; bacon .ei<les, 1 'OH per lb; rolled middle?. 1 '5 lb; lard, bulk, 8d per lb; pats. 9.1 per lb: dripping pats, ■i'lid per lb. Honey.—First srrade:" lib cartons, 11/6 per dozen; 2!b tin?, 22 0 Ttr dozen: 51b tins, .Vj 6 per <}-,zr.n. Sf-. vii'l prade: lib cartons, 0 3 per tV-zen; 2'.b tine, 19/ per doz--!i; .Vj tins. J3 6 per dozen. Third grade: Hii curtons, 8/ j> r -" dozen; 21b tiae, 15 <; pc-r s!b tins. 3? 9 nor dozen. Flour.—Loc.. , :: 2001b sacks. £14 15 6 per ton: 100'?. £L.i 12 (J per ton; 50's, £15 17 6 per t-on; 2-V?. £16 7/6 per ton: 12M:'s, £17 per ton: 6*4.'s. £17 17/6 per Ton. Malt. —Crushed, 11 6 bushel; whole white, 11/3 per bushel; whole black, 12/3 per bushel.