COMMERCIAL

Evening Star, Issue 20996, 9 January 1932, Page 11

COMMERCIAL

• -♦ FRUIT AND PRODUCE. Bray Bros. Ltd. report as follows for the week ended yesterday:— Business in the produce market is quiet. Very little interest is being displayed in any of the lines offering. Best quality chaff is offering round about £5 per ton, and secondT quality at £4 10s. The nominal quotation for oats is 2s 2d for A’s and 2s for B’s, sacks extra, on trucks, country sidings. The wheat market is steady and harvesting is expected to be early this year. In the meantime sales are confined to fowl wheat. There is no alteration in millers’ prices, which are as follows: Flour.—2oo’s, £l7 2s 6d; 100’s, £lB 2s 6d; 50’s, £lB 7s 6d; 25’s, £lB 17s 6d. • Bran, £5 10s ton. Pollard, £6 10s per ton. Oatmeal. —200’s, £2O; 25’s, £22. The potato market is fairly well supplied with new season’s, which are coming forward from all districts, and best quality is selling at 2d per lb. Some fine samples of King Edward varieties are coming on to the market. There was a fair quantity of. old potatoes held in the country districts, but owing to the poor prices ruling it did . not pay to forward to the market. The onion market is steady. Aus-tralian-grown are now offering. Eggs have been in good supply, and the market is keeping steady. Hams and bacon have been offering freely, and the market has eased. Both these lines were easier in price during Christmas time, and the demand for hams was not nearly so keen as in previous years. The cheese market is steady. Some first-class quality is offering at 6d per lb for mediums, and 8d for loaf cheese. Honey is worth 4d to 5d per lb. Business in the fruit marts for_ the past fortnight has been much quieter than usual for this time of the year. A feature of the market has been the large quantities of cherries that have been offering, and prices have been much lower than usual. Apples have also been in full supply. These have come forward from cool store, and prices are low. Oranges were also offering freely, and these must show a loss to consignors. Gooseberries and black currants are plentiful, and prices moderate. Strawberries so far this season have been a disappointment. Owiilg to the late frosts and dry weather the crops were ruined, and meant a serious loss to growers. Any good lines offering have been readily placed at satisfactory prices. Raspberries are also short of supply. These were caught by the, late frosts, and the crops ruined. In the Waimate district the crops looked like being a record until the frost destroyed them. Vegetables have been in good supply, and prices very low. Tomatoes kept up in price very well for a short period, but for the last week prices have been much lower than usual for this time of the year. The northern markets are offering better prices. It is only first quality fruit and vegetables that are causing any competition. The following prices were realised during the week: — Apples.—Dessert, 4s to 8s 6d case; small desert, 2s 6d to 3s 6d case; cooking, 4s to 6s case. Tomatoes, 2Jd to 4Jd lb. Gooseberries, lsd to 2d lb. Strawberries, 6d to lid per pottle. Raspberries, 6s to 8s 6d bucket. . Cherries, 3d to 10£d lb. Cucumbers, 2s to 4s dozen-. Peas, 2Jd to 4d lb. Black currants, 2d to 2Jd lb. Local potatoes, l£d to 2d lb. Rhubarb, l}d to 21d lb. Apricots, 2£d to 5Jd lb. Australian oranges, 8s to 14s case. Lemons.—Missions, 45s case; Australians, 16s to 18s case. Grapefruit, 18s to 21s case. Peaches, 3id to 4|d lb. Pines, 18s to 21s case. Bananas—Samoan, 22s 6d; ripe, 27s 6d case. Carrots, 2s 6d to 4s cwt. Cauliflowers, Is 6d to 4s bag. Mushrooms, 2id to 5Jd lb. Cabbage, Is 6d to 4s bag. Lettuce, 6d to Is dozen. Garlic, sid to 6d lb. Potatoes, £2 to £3 per ton. Eggs, lid to Is per dozen. Peanuts, 3d to 4d lb. Cheese. —Medium, 6d; loaf, 8d lb. Honey, 4d to 5Jd lb. Onions.—Australian, £l4 per ton. Beeswax, Is sd, Is 6d lb. Woodwool, 28s bale. Tallow, to 12s 6d cwt. Oyster grit, 8s bag. Butter pats, Is 2d; dairy pats, BJd to 9£d lb; bulk, Is l|d. Bacon, lOd lb. Hams, lid per lb. Oats.—A Gartons, 3s; B Cartons, 2s 7d per bushel. Partridge peas, 5s to 6s bushel. Pollard, £6 10s ton. Milling wheat, 5s lOd to 6s 3d per bushel. Fowl wheat, 4s 6d to 4s 9d bushel. Bran, £5 10s per ton. Wheaten straw, 60s per ton. Clover hay, £5 10s per ton. METAL MARKET. Pres* Association—By Telegraph—Copyright. LONDON, January 7. (Received January 9, at 1 a.m.) Following are the official quotations in the metal market:— Copper,—Standard, £3B 8s 9d ton; forward, £39 18s 7id ton. Electrolytic.—Spot, £47 ton; forward, £4B 10s ton. American, 7.25 cents per lb. Wire bars, £4B 10s ton. Lead.—Spot, £ls 2s 6d ton; forward, £ls 7s 6d ton. , Spelter.—Spot, £l4 11s 3d ton; forward, £ls ton,. ■ Tin. —Spot, £l4O 8s 9d ton; forward, £143 8s 9d ton. Silver.—Fine, 21fd per oz; standard, 19 13-16 d per oz. COMMERCIAL BANK OF AUSTRALIA. Press Association —By Telegraph —Copyright. SYDNEY, January B.i The Commercial ■ Bank of Australia Ltd. is not paying the half-yearly interim dividend on ordinary shares owing to the effects of exchange, and other adverse conditions, but a dividend at the rate of 4 per cent, per annum will be declared oh preference shares. DAIRY PRODUCE. The National Mortgage and Agency Co. is in receipt of the following cable from its principals (A. J. Mills and Co., London): — Butter: Market firm. New Zealand finest grade, 101 s, 102 s; first grade, 100 s; unsalted, 114 s, 116 s, Danish, 128 s. Australian, 100 s, 102 s. Cheese: Market steady. New Zealand white, 675, 58s; coloured, 565, 575.

LONDON STOCK EXCHANGE. Press Association-By Telegraph-Copyright, LONDON, January 8. (Received January 9, at 11 a.m.) P. and 0., 21s 5Jd. — j THE TALLOW MARKET. \ Press Association—By Telegraph—Copyright# LONDON, January 8. (Received January 9, at 11 a.m.) Tallow: Stocks,_ 1,158 tons; imports, 701 tons; deliveries, 948 tons. PRICE OF GOLD. Press Association-By TeUgraph—Copyright# LONDON, January 8. (Received January 9, at 11.5 a.m.) Fine gold is quoted at £6 Os 4d peij ounce. SYDNEY STOCK EXCHANGE. Press Association—By Telegraph—Copyright# SYDNEY, January 8. The turnover on the Stock Exchange! is much improved in volume. Chief in* terest centred in Australian _ Conaolidateds, practically all of which tfent to higher levels, rainging from 3s 9d to 15s. There were Bank of New South' Wales sales at £3O 10s, Colonial Sugar, j to £45 ss, Goldsbrough, Mort to 275; 10id. Commercial Bank of Sydney to £l7 17s 6d. Commercial Bank of Aus- j tralias were neglected upon the announcement that it was # intended to! omit the ordinary interim dividend.il New Zealand Government debentures 5J per cent. (1937), fell 30s to £112., LONDON MEAT MARKET. The Bank of New Zealand has rej ceived the following advice from its London office, under date January 8< Frozen meat: The market is firmer for heavy-weight wethers. For ewes the market is dull, and there is only a poor, demand. Sellers trying to force sales have weakened prices of lambs. The, market is also over-supplied, and prices are affected in consequence. Wethers—* light 3Jd to 4|d per lb, heavy 3|d to 3|d per lb; ewes, 2Jd to 3d per Ib;i lambs—twos 6|d to 7d per lb, eights 7d to 7id per lb, seconds 5-Jd to 6d per lb. WHEAT MARKET. ! Press Association—By Telegraph—Copyright# LONDON, January 8. (Received January 9, at 11.45 a.m.)' Wheat Cargoes: Sellers are willing to' accept lower terms. Parcels are uu* changed to 6d down. Trading is quiet# Western Australian ex unnamed steam* er, February, 28s. Futures: London,■ February, 24s lOd; June, 25s sd. Liverpool, March, 5s 5Jd; May, 5s 7|dj July, 5s B|d,