PRICES ADVANCING

Dominion, Volume 25, Issue 272, 12 August 1932, Page 14

PRICES ADVANCING

Butter Market Firmer CHEESE IMPROVING The latest reports received in Wellington indicate a firmer tone in the London butter and cheese markets. Butter was selling on Wednesday at: 107/- to 108/a cwt., an advance of 1/- to .’’»/- on Jast Friday's prices. ’White cheese nt 59/showed a rise of 1/- to 1/6 a cwt. The New Zealand Loan and Mercantile Agency Company. Ltd., have received the following advice from their London house dated August 10:—Dairy produce (last week’s quotations in parentheses)—Butter, New Zealand choicest salted. 107/- per cwt. (105/- to 106/-) ; market firm. Cheese, white, 59/- per cwt. (57/- to 58/-) ; market, firm. Cheese, coloured. 55/6 to 56/- per cwt. (56/-) ; market dull. Mr. Thomas Gray bus received the following cablegram from his principal, Mr. A. C. Rowson. dated Loudon, August 10: Both markets advancing. Cheese, 59/-. white: 56/- coloured. Butter, 108/-. Joseph Nathan and Co.. Ltd., have received the following market report from Ti-engrouse and Nathan, Ltd., London, dated August 10. 1932:—New Zealand butter. 107/- to 108/- per cwt.: market firm. New Zealand cheese, white, 59/per cwt.; coloured, 56/-; market firm.

WHEAT AND FLOUR DEARER Australian Markets Firm (Rec. August 11, 7.45 pjn.) Sydney. August 11. The wheat market is slightly firmer; ex trucks, Sydney, 3/4; at country stations, 2/9 a bushel. Flour, £lO/10/- a ton. Bran and pollard, £6 a ton. Potatoes, Tasmanian, £7/10/-; Victorian, £6 a ton. Onions to £27/10/- a ton; Japanese, £25. Oaten hay. £7 a ton. Maize, yellow, 5/1; white, 4/6 a bushel. Wheat has firmed 2d n bushel during the last week. Flour has advanced 10/- a ton. The prices of bran and pollard were raised in Sydney on August 4 by the New South Wales Flourmillers’ Association by 10/- a ton, the price of both offals now being £6 a ton. “Stocks are scarce and the demand strong,’’ states the Sydney produce report. The ruling price for Canterbury bran is £4 10/- a ton for local and £3/10/- a ton for shipping, and for pollard £5 and £6/10/- respectively. FRUIT AND OTHER PRODUCE Wellington Prices W. Burbidge and Company report that prices obtainable for all apples are only moderate, fancy Delicious selling best. Winter Cole pears and cooking pears, new potatoes, green peas, new laid eggs and potatoes are all selling well and prices good. Sales, were made yesterday morning 11s follow:—Apples: Sturmers, 3/6 to 5/-; Delicious, 4/6 to 5/-; Dohertys, 3/6 to 4/-: Ballarats and Washingtons, 4/6 to 5/-; Rome Beautys and Statesman. 4/- to 4/6. Pears: Winter Coles, 5/6 to 7/-: Nelis. 4/- to 4/6; P. Barrys, 5/-. to 5/6. Local lemons, .10/- to 13/-. All per bushel case. Nelson new potatoes; 2}d to 2Jd per lb. Green peas. 6(1 to 7d per lb. Potatoes: Suttons Supreme, £8 to £B/5/-; Red Dakotas. £7/15/- to £8 per ton. Canterbury onions. 14/-'per bag. Swedes, 3/- a case. Pumpkins, red and grey, 4/6 to 5/- per sack. New-laid eggs, 1/6 per dozen; Separator butter. 74d to <Bd per lb. __ Comb honey, 7/6 to 8/- per dozen. New Zealand walnuts. 4d per lb. Blenheim Gbos chaff, £6/15/- per ton. Good whole fowl wheat, 6/- per bushel.

LIVE STOCK MARKET Australian Markets A heavy offering of 48,000 fat. lambs yarded at the Melbourne fat stock sales last week, an increase of 9000 head on the previous week,. Prime sold at from 12/6 to 13/6; extra prime and heavy, suitable for best medium-weight mutton, from 14/toJS/6:.g06d sold at’.from 10/-.to 1.1/-; middling and inferior, in’ some instances purchased by local graziers, from 7/- to 9/-; 1 shorn l old lambs sold from 7/- to 10/6,- a few extra -weights to 12/9 ; prime spring lambs, from 10/6 to 12/-; extra heavy, from V2/6 to. 13/6, a few higher; fair average quality lighter grades, from 7/6 to 9/6. 'For best medium and lightweight 'old lamb the quotations ranged from 2}d. to 3d. a lb.; heavy-weight old lamb, from 2jd. to 3d a lb,: early spring lamb., from 3fd. to 3sd. a lb., with fair average light grade to 34d. a lb., according to quality. ■ ' ' ' / Twenty-two thousand fat sheep were oifered. Prime crossbred and comeback wethers sold from 15/6 to 17/-; pood crossbred and comeback wethers from 13/6 to 14/6; prime Northern merino wethers, - light and medium weight, from 12/- to 13/6 : extra primeland heavy crossbred ewes, from 13/- to 14/6; best medium and light weight, ewes, including merinos, from 10/- to 12/6; second and inferior, from 8/-. Shorn sheep: Prime crossbred wethers, including two-tooths, from 12/- to 14/-; extra heavy wethers, with early shorn pelts, from 15/- to 16/9; shorn merino wethers, principally from 8/- to 9/6; extra prime, to 11/3, with shorn' crossbred ewes from 8/- to 11/3. The approximate quotation for best wetbei- mutton, from 2RI. to 2}d. a lb.; extra heavy crossbred wether mutton, from 2d. to 2}d. a lb.; medium wether mutton, from IJd. to 2d. a lb.'; best medium weight ewe mutton, from 2d. to 2£d. a lb.; heavy ewe mutton from-IJd. to l}d. a lb. The fat cattle numbered 1880 head. The general range of prices, according to grade and. the approximate quotation a 1001 b.. were:—Extra prime and heavy Shorthorn bullocks, from £ll to £l2/10/-, from'2l/- to 23/- a 1001 b.; prime and heavy liens of bullocks, from £lO/10/-.to £ll, from 23/6 to 25/- a 1001 b,.; prime medium weight pens of bullocks, from £9 15/- to £lO/5/-, from 25/- to 26/- a 100 lb.; best lightweight pens of bullocks, including choice quality steers, from £9/ 5/- to £9/15/-, from 27/- to 29/- a 100 average weights, from £B/10/- to £9/10/-, from 24/- to 26/6 a 1001 b., according to quality. Dividends Payable

•Interim dividend. j'For the year. Others are for six months.

AUCTION DIARY TO-DAY. office. Pending, 11 a.m.—Sale farm property 1} miles from Feildlng (Abraham and Williams, Ltd.). Rooms T. & G. Bldgs.. 2.30 p.m.—Sale property 50 Ellesmere Avenue. ' Miramar (A. Longmore & Co.). 91 Dixon St., 1.30 p.m.—Sale household and tea room furniture (C. W. Price). Manners St., Mart, 2 p.m.—Sale furniture, etc. (Ramsey WHson and Co.). 8 Wlllestle. St., .10.30 a.m.—Sale furniture, etc. (E. Johnston and Co.). TO-MORROW. H Oban St. West, Highland Park, 1.30 p.m. —Sale household furniture, etc. (C. W. Price). MONDAY. Mauriceville, .12 noon—Sale dairy herd, s/e .Tao. McGovern (N.Z. Farmers’ Co-op. Distributinp.Oo.). ■ ' • ■'

Kate Previous n.c. for annual period. Payable, rate p.c. ♦Bank of N.S. Wales li Aug. 30 8 Com. Bank, Aust., ord. ,5f Aug. 11 Hi Com. Bank Aust., pref. 2 Aug. 11 4 Broken Hill South .. 5 Aug. 12 7i Wgtn. Woollen Co.' ,.3 N.Z. Farm. Fertiliser 5f Aug. 17 6 Aug. 15 •— — Queensland Nat. Bank 2 Aug. 18 01 ♦Staples and Co 2* Aug. 9 Si Standard Insurance . 6i Aug. ’ 12i