COMMERCIAL

Nelson Evening Mail, Volume LXIV, 4 May 1931, Page 10

COMMERCIAL

DAIRY PRODUCE The New Zealand Dairy Produce Board has received the following market report from its London office dated Ist May, 1931: Butter.—New Zealand salted, 100 s, 108 s (109 s, Ills); unsalted 110 s, 114 s (112 s, 110 s); first whey 100 s (102 s); second whey 98s (100 s). Australian salted 103 s, 100 s (100 s, 108 s); unsalted 100 s, 110 s (108 s, 112 s). Argentine unsalted 104 s, 100 s to 108 s (104 s, 108 s). Danish 113 s f.0.b., 120 s spot (118 s, 1245). Dutch unsalted 114 s, 118 s (litis, 1225). Esthonian 107 s, 108 s (108 s, 110 s). Market slow. Retails unchanged, Danish Is 3d. Some New Zealand butter selling at Is and Is Id, particularly in the North.

Cheese.—New Zealand white 40s, 48s .(50s, 51s), coloured 40s i 51s (525, 545). Premium of Is for full cream continues. Canadian white' and coloured, 725, 74s to 70s (725, 745; 745, 70s). English finest farmers 10s, 100 s (same). Market quiet. Retails unchanged but increase in sales at 7d. The Board has also received the following advice from its agents in Canada: New York butter 24 cents, (Is), Montreal 222 cents (113 d). Stocks 25,933 boxes, last year 22,188 boxes. frozen”heat The New Zealand Meat Producers Board has received the following cable from its London office, dated Ist May, 1931: New Zealand Sheep.—Canterbury and North Island selected crossbred wethers and maiden ewes, 48/50, 3|d;. 57/04, 3jfd; 05/72, 3|d; North Island 48/50, 3|d; 57/04, 3§d; 05/72, 3}d; ewes 48/under, 3£d; 48/04, 2|d; 05/72, 2|d. New Zealand Lambs.—Canterbury 30/under, 6|d; 37/42, GJd; 43/50, o|d; second quality, average 33, 5Ad; other South Island brands, 30/under, o|d; 37/42, Ogd; 43/50, 6|d; deluding Downs, selected North Island brands, 30/under, GJd; 37/42, O-Jd; 43/50, Ogd; second quality, average 31, other North Island brands, first quality, 30/under, 0d; 37/42, Od; second quality, average 31, 5Jd. Australian - Lambs.—Victorian ; first quality,- 30/under, sd; .37/42, od. Argentine Lamb.—First quality, 30/under, 4gd; 37/42, 4Jd. Argentine Chilled Beef. —Ox fores, 3d; ox hinds, GJd. Australian Frozen Beef. —Ox crops, over 100, 2Jd; ox hinds, over 100, 3 3 d - ‘ New Zealand Prime • Porker Pigs. —OO/100, s«d; 101/120, sd. New Zealand Prime Baconer Pigs. — 121/180, 5Jd. Lambs: Market is firmer with better prices. Consumption remains excellent. Mutton Market: Wethers —steadier with better demand generally. Ewes—meeting with better enquiry. Frozen Beef: Dull and neglected. New Zealand Porker Pigs: Market is firmer hut consumption fallnig off. New Zealand Baconer Pigs: There is very little enquiry. Messrs Levin and Co., Ltd., have received the following cable from their London agents, dated Ist May: — North Island down lambs, 28/30, 7d per lb; 30/42, G|d. Best North .Island crossbred lambs, 28/30, Old; 30/42, GJd. North Island second quality lambs, average 30/31, sld. Best North Island wether sheep, under 481 b, 4d; 48/50, 3Jd; 50/G4, 3gd; 04/72, 3§d. North Island ewes, under 481 b, 3Jd; 48/50, 2|d; 50/04, 2Jd; 04/72, 2|d. New Zealand prime ox beef, 100/220, none offering. As compared with last week’s quotations, best North Island crossbred lambs Jd per lb higher, best North Indigestion, Constipation corrected by Yeaston Tablets and appetite improves, 31-.— Nees, Chemist, Hardy street*’

Island wethers 50/04 Jd per lb higher, 04/72 -Jd per lb lower. North Island ewes under 48lb Jd lb lower, 50/04 £d per lb higher. Others unchanged. The market for lambs shows an improving tendency and for mutton there is no change of importance. CANTERBURY MARKETS (lty Telegraph—Press Association) CHRISTCHURCH, Ist May. The wheat market has a firm tone and free wheat has practically been disposed of and millers have extended their limits somewhat in order to secure good quality lines. The quotation for Tuscan is 5s 5d to 5s Od per bushel on trucks. Fowl wheat for prompt delivery is quoted at 5s 3d per bushel f.0.b., s.e., no quotations being given for spread deliveries. The potato market is quiet; on trucks to farmers, the quotation is £2 10s a ton, and for prompt shipment, 70s to 72s Od f.0.b., s.i. The quotation for July-August-September delivery is 80s f.0.b., s.i. Prices for bran and pollard have been reduced to meet Australian competition: bran is quoted at £5 f.o.b. local, and £4. These values represent a drop of 10s a ton in the case of bran and 15s a ton in the ease of pollard. WHEAT FoFgERMANY REDUCTION OF DUTY (United Press Association—-By Electric Telegraph—Copyright) VANCOUVER, Ist May. The German reduction of the duty on imported wheat is expected to improve shipments from here, which have dropped from 7,000,000 bushels to 2,000,000 in the past two years. WOOLMARKET POSITION REVIEWED (United Press Association—By Electric Tolegraph—Copyright) (Received 4th May, 9.15 n.m.) LONDON, 2nd May. Mr Devereux, representative of the Australian- Woolgrowers’ Council, reports that in the .March sales there have been signs of weakness in the European wool markets, creating lack of confidence, with operators somewhat nervous: - The opening of the London wool sales, was looked forward to as a testing ground of.the conditions. The result as far as merinos are concerned proves that the many pessimistic opinions expressed are unjustified, the opening rates showing very little decline as compared with the close of March, whilst in crossbreds, where the statistical position, is less strong, the decline was much as anticipated and reflects tiie weaker conditions recently experienced in manufacturing centres. Since the opening the selection of merinos has improved, good competition being experienced and confidence returning. Crossbreds, whilst experiencing good Yorkshire and Continental demand, remain unchanged at the reduced level. Withdrawals, which are negligible, are largoly confined to a few highly limited wools, mostly bought for exchange purposes. “In many Continental countries which I recently visited most of the topmaking establishments were very busily employed and in the spinning and weaving industries most mills were fairly well employed. Stocks were not excessive. ■ “Some labour trouble is threatening in the textile industry in France owing to wage reductions, but an actual stoppage may be avoided. Nevertheless the tone at Bradford is cheerful. Some fine merino topmakers increased quotations. Crossbred lops prices are unchanged, merino yarns experiencing a quiet market, prices being slightly reduced.” Science says that the surest way to relieve coughs and colds is to disinfect the circle of infection—-the passages of the nose and throat. Inhale “NAZOL” —disinfects these nasal and bronchial passages and soothea the inflamed membranes. ISO full doses for 2/6 in the new double size..