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COMMERCIAL

CANTERBURY MARKETS. (BY I’tLEQKAPH PRESS ASSOCIATION. ' CHRISTCHURCH, Aug. 5. The advance in the potato market last week was of brief duration As a matter of fact it was scarcely so pronounced as represented, and was due not to any consumptive demand for tubers, hut to a few merchants having to cover forward sales. The absence of the actual potatoes compelled them to pay what was obviously a high price There was an easing through the week’ and f.o.h. (sacks m) values are now £5 10s, as against £5 15s at the weekend. Farmers are offering more freely and accepting £4 to £4 os a ton. Consignments are steadily coming from Australia, and -Canterburv shipments are small. The Opihi has taken a. small cargo for New Plymouth, mostly from southern, ports, and the Wanaka is due to sail from Lyttelton for Auckland on Friday. As a rule the attitude of farmers after the Grand National holiday indicates the quantities held by them. Offerings, if the potatoes are held, become freer after that time. Oats are still moving upwards from 5s 9d to 5s lOd for B’s, and from 6s 3d to 6s 4d for A’s, f.0.h., sacks in, has been quoted for forward oats. Values to farmers are from 5s 3d to os on trucks. Chaff is firm at from £6 15s to £7 a ton on trucks. There is a fair retail business in cowgrass. Values to farmers are up to 9cl per lb. AUCKLAND SHAREMARKET. AUCKLAND, Aug. 5. -Sales.—New Zealand inscribed, 1939, £9B; Breweries debentures, 225; National Bank, 131 s 6d; Union Bank, 2985; South 'British Insurance Company, 40s 6d; Auckland Gas Company (contributing), 5s lid; Bartholomew Timber Company, 235; Farmers’ Co-op. Auctioneering Company, 57s 6d; Thames Theatre, 18s 9cl; Zeehan, 7s 9d.

MEAT MARKET. The New Zealand Meat- Producers’ Board has received the following cable from its London office, elated August 1, 1924, advising Smithfield delivered prices at that date as follows (prices for the two previous weeks are shown in parentheses):—\ New Zealand wethers and maidens: Canterbury quality,- selected brands, 56/under. 8d (7£, 74d); 57/64, 7kl (7£d, 7d) ; 65/72, 7)d (7d, 6-£d); ■ other brands, 56/under (74d, 7d), 57/64 7i (7d, 6fd), 65/72 7d (6fd, 6id). N.Z. ewes, 64/under 5/jd (sjjd, sd). N.Z. lamb Canterburv quality.' 36/under ILVd (llfd llfd), 37/42 lid (lid, lid), 43/50 10fd (lOfd, 101 d) ; seconds, lid (lOjjd, 10|d). selected, 36/under llfd (llfd, llfd). 37/42 llfd (llfd, llfd). Other brands, first quality, 42/under lid (lOfd, l()Ad) ; seconds, lid (lOfd, lOfd). New Zealand Beef.—Not quoted. Argentine Chilled Beef.—Ox fores, 2fd (2-ld. 2.1 d); hinds, ofd (6|d, sfd). Argentine Frozen Beef.—Ox fores, 2-J-d (2fd, 2f d); hinds, 4fd (4fd, 4 id). Frozen Pork. —Not quoted. Frozen veal. —4d (4)d, 4fd).

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/HAWST19240806.2.85

Bibliographic details

Hawera Star, Volume XLVIII, 6 August 1924, Page 10

Word Count
455

COMMERCIAL Hawera Star, Volume XLVIII, 6 August 1924, Page 10

COMMERCIAL Hawera Star, Volume XLVIII, 6 August 1924, Page 10

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