COMMERCIAL.

Press, Volume LXI, Issue 18456, 10 August 1925, Page 10

COMMERCIAL.

PRIMARY INDUSTRIES.

; EXPANDING OUTPUT; - To show that the Dominion's exports ire on a sound footing so far as quantity is concerned, the Acting-Minister of Finance (the Hon. W. Nosworthy) quote some significant new figures in the course of! his speech at the end of the Budget debate. The Minister cited a remark made in the debate by the member for Wanganui (Mr W. A. Veitch) to the effect that the export situation, last year was saved only by high prices, and that the quantities of wool, lamb, and mutton sent out of the country were less than those of the preceding year. This, said Mr Nosworthy, was disproved by figures ■which he had got out in the past few days. He would take wool first. The export figures showed a slight decrease, but that might be accounted for by the quantity withheld from the :last sales. .The quantity shorn during the past three years showed a continuous increase. The returns were:— Lbs. 1921-22 .. 155,847,225 1922-23 .. 157,587,976 1923-24 .. 159,619,361 Figures for last year were not available, but tho number of sheep in the Dominion Bhowed'an increase over the previous ,/ear of 226,926, and doubtless the quantity of wool shorn was correspondingly greater. Eegarding beef, lamb, and mutton, Mr Veitch had quoted export figures, but had not taken the carry-over into account. The return of animals slaughtered showed increases of 77,194 in cattle and 580,257 in sheep. These moTc than made up for a decrease of 303,257 in lambs. Pigs-showecL an-increase of 31,390. As compared with the 1912 slaughter.those f6r 1924-25 showed the following increases:— Cattle 244,689 Sheep .. i. 47,712 'Lambs £.)' ''1^417,387 ' Pigs 115,367 \ The previous year he had shown that dairy exports had since 1912 become fonr times as great in value arid three times as great in quantity. Tho figures of weight for the past two years were: 1923-24. 1924-25. Cwt. Cwt. Butter .... 1,186,278 1,238,370 Cheese ... 1,485,170 1,386,363 On a butter-fat basis the two combined showed an increase for last year of 605,6181b. The figures for tho dairying year ended on July 31st last Bhowed an increase of 7 per cent, in terms of total butter-fat graded.

BRITAIN'S TEXTILE TRADE.

OWNERS AND WORKERS CONFER *1- ' r (K CABLE —PBEBS ASSOCIATION—COPtBIGHT.) (intß'a TSUSQ2AXS.} - LONDON, August 9. The; conference of the wool textile employers and the workers agreed -to abide ' by the findings' of the Court of Enquiry to he appointed by the Ministry, of Labour, but an agreement has not yet been reached on the question of the terins for the immediate resumption of work. The conference resumes on Monday.

STUD CATTLE.

HERD foe flock house.

(p&XSS ASBOCUTXOH TXUtQSAH.) PALMERSTON N.,- August 8. gome. months ago Mr Frank Armstrong, of Station, presented "ten stud Aberdem-Angus heifers and one bull of purest blood to the 1 ■ Government as the foundation of a stud h'erd 'of this breed of cattle. . The activities of Gloveroment.. fainus, as ■ ■■•■ far as cattle' are concerned, have-been devoted muni? to breeding milking ' strains. Later, it appeared to Mr Armstrong that greater oenefits would ■ be secured to the Dominion by handling ' the' fjattle to the trustees of the Sheepowners' Fund, if or "the Flock Holisa " station, Where a herd of AberdeenAngus already has been established. • lite Minister of Agriculture haa ap- ■ proved l ' of the transfer, and this week the -cattle were sent to, Flock Hous& . from the central developmentefarm at <. "Wcraroa. , . Mr Armstrong's sole desire is that ' the .gift should be of service to the Dominion.

I JERSEY CATTLE SALE. * i- ■ r . ■ ■■■ 1 : 1 At .Mr Frank E. Day's sale of Pencarrow Jerseys at Tamahere (Waikato) on Aug. 5 th, ' the highest price of the day, -which was also ' the highest price paid for a bull of any breed in New Zealand for some years, was 560 fu&ea'Si, which Waa paid by Mr W. Gampell, oflieaniington (Waikalo) on behalf of a privatesyndicate, for the imported hull Mas- " tarfnl. For .the cows, the highest price was 800 guineas, which -Mr A. E. Watkin, of Takanini, paid for the six-year -old cow Jtussiet (Noble . Twylish—Brown Beauty). Therto was keen. competition for the heifers, ' the . highest" price 'being 167' guineas- paid lot Pencarrow Lytic, by Mears Bros., of Ngarua. The yearling heifers were greatly ■ought after, the highest figure realised being 155 guineas whith Mr Truby King, of ftratford, paid for Gaiety's Princess.' The A aowa averaged 76 guineas, 10 heifers 89 guineas, 11 yearling heifers 73 guineas, 18 , young bulls 56 guineas and four older bulls vJ72 guihess. The total price realised was over. 6100 guineas, and the average over the 83 beasts sold was 73| guineas.

WHEAT. (Received August 9th, 5.5 p.m.) LONDON, August 7. •-Wheat cargoes are firm. There is > sus- . tained milling enquiry and fair business is ..doing at 6d to 9d advance. Parcel* are active at Gd higher. V. * (Received August 9th, ILS p.m.) / - LONDON, August 8. . "Wheat cargoes ara strong. American Argentine advices have given the market a firmer tone. Sailers are asking one to two shillings advance, but buyers ara holding off - momentarily. Parcels are strong, shippers' trices being one to two shillings higher, ut no business is. recorded. Liverpool fntitreao-Octbber lis Qd per Mntal; December 10s llid. (Received August. ath, 5.5 p.m.) NEW YORK. August 8. .. Chicago wheat quotations September 166} ; cents, . December 164 cents, M*y 167| cents ■■■* per'MtshaL v I

POULTRY PRODUCERS, LTD. • : -The Canterbury Co-op. Poultry Producers, Ltd., report that, a goodl entry of poultry ; for the National sale last week, f •••'■oilmt, athe. demand ws» ieen, high prices . The following prices per peir were ' lispdTafcLe chickens 6g to 14s 6d, hena ifofcfld, duol»'7fe to 13s 6d, geese 7s. to 18* to 455. Market, owning forward freely, and irnward tendency. The Can'Producers, Ltd., m^S- peg,doien- for grade hen . eggs nan eggs and duck eggs . 6' w, tx •&- h/ 1 ' r; *