TRADE OF THE WEEK.

New Zealand Herald, Volume LXVII, Issue 20721, 14 November 1930, Page 7

TRADE OF THE WEEK.

WHOLESALE AND RETAIL. MORE CHEERFUL TONE. -PRODUCE MARKETS REVIEW. A more cheerful lono is becoming ap- " parent among Auckland traders and bnsi- ' uess men generally. It is anticipated ] that Christmas buying will start with ti 3 rush early in December, and that trade 3 generally should bo much better than • business over the past few months indi- ' rated. It, is hold that a big section of the community has been buying only bare necessities for many months and that . there will be a reaction and a loosening " of purse strings for tho holiday season. Orders from country storekeepers for such Christmas lines as confectionery, biscuits and fruits have not been much iipdor those of normal years. , Retailers have had a quiet week, with indications hero and thero that an improvement is not: far away. Drapers arc finding that there is a distinct tendency on (.lie part of the buying public to make - its purchases among cheaper lines. Imported goods, such as millinery and madeup frocks, are suffering. On the other hand, the local manufacturer, helped by i eeent increases in tariff, is finding a better market for his made-up lines, SALMON PACK. 'I he Bank of Montreal reports that tho British Columbia salmon pack at September 7 was J ,079,638 cases, approximately double tho quantity for tho corresponding period of last year. Prices aro considerably lower. AUSTRALIAN DRIED FRUITS. | Several varieties of dried fruits have been reduced in prico by tho Australian Dried Fruits Association. In Australian business circles it is considered that the reductions were the result of tho recent lowering of canned fruit Quotations and reduced consumption in Australia caused by tho financial depression. Apricots aro 'd to 3d a lb. cheaper, according to grade, pears 2d, and peaches and nectarines IJd lower. SALT. The Kurov.', now loading at South Australian ports, will brinir another substantial shipment of salt for Auckland. BISCUITS AND CONFECTIONERY. Ample stocks of tho more popular lines of biscuits and confectionery aro held in Auckland. The recent tariff increases have affected imported lines. In some instances merchants aro carrying tho increase but in others imports havo been out down and the price to tho public increased. POTATOES. Stocks of old potatoes are practically exhausted on tho spot. A bmall shipment which arrived at the beginning of tho week went into immediate consumption on n basis of from 7b to 7s Gd through store. Tho Wingatui will bring another small shipment early next week but the demand has fallen off and there is every probability that the price will require to ho dropped under 7s a cwt. to clear the consignment. New potatoes aro riow coming forward freely and in tho city markets tho prico has fallen bolow the Pukekoho f.o.r. parity to seo good quality tablo potatoes selling around tho equivalent of 10s a cwt. tu. tho shops the general price is in the vicinity of Gib. for Is. Business is being dorio by Pukekoho merchants on an f.o.r. basis as far south as Wellington. Avondale, J'anmuro and other growers arc starting to send increased quantities of table potatoes forward to tho markets, in addition to suppliers from Pukekohe. ONIONS. Onions aro extremely scarce on the Auckland market and prices vary considerably, sorno merchants quoting as histh as SUs a crate. The Ilelenic to-day and tho Cape Vorlc to-morrow will both bring small consignments of Californian onions, but these will not do moro than just ease the position temporarily. Stocks will continue to be very light until the arrival of tho first of tho Melbourne Globes early in December. These aro selling to arrive on a basis of lis Gd through store. Californian onions out of this week's steamers aro being sold to arrive on a throu?h store basis of '2ls Gd for bags and 22<t (id for crates. Some merchants are asking ui> to 25s and even more. A small consignment is due by the Marama at Wellington next week. MAIZE. The wholesale market continues very lifelv <», influenced to a largo extent by the piwipoi t of an African shipment at the end of this month. Merchants nro buying mostly on a hand-to-mouth basis and forward quotations for spread delivery up to tho end of March havo no attractions. Tho Gisborne prico for prompt shipment is unchanged at 4s Od, f.o.b. In tho Bay of Plenty f.o.r. quotations for direct railings to South of Auckland stations remain steady around 4s lOd a bushel. CHAFF. Trade in chaff is quiot. Southern chaff is selling quietly through storo at from X'K) 5s to X'lo 10s a ton. Stocks of Tasmunian chaff nro gradually being worked off and bookings aro now being made for a further shipment to arrive cither late this month or early next. Tasmanian chaff is polling through Auckland stores at around £9 10s a ton. OATS. The oat market is quietly steady. B grade oats sell through store, Auckland, nt around 4s 7d a bushel. A few Algerians are being b<*okecl to arrive on the Kurow from South Australian ports BRAN AND POLLARD. A further drop in tho Adelaide market for pollard was announced this week and t"i 2s t.d, f.o.b. n ton, is asked for shipments on tho Kurow, now loading at Adelaide. Ample stocks of both bran and polio. rd are held on tho spot. Merchants ask around £7 a ton for both commodities. Barley. The market for barley has shown further weakness in Australia and down to 2s fid and even a shade under n bushel has been asked by Adelaide f.o.b. shippers this week. Through store. Auckland, barley is selling at around Is fid a bushel. THE FORWARD POSITION. Orders aro now being- solicited for de- ■ liveries of new season's grain and produce well into !!).'(I, but no business has been reported. From tho forward prices out, indications are that at least wheat, oats and chaff will sell at lower prices in 1931 than in 1930. STOCK SALES. PRICES AT PUKEKOUE. [nv telegraph.—own coiiiiEsi'OxriE.vr.] PUKEKOHE, Thursday. A large yarding of dairy cattle came forward at. the stock sale at Pukekoho to-day conducted by tho New Zealand Loan and Mercantile Agency Co., Ltd. Best dairy cows and heifers realised X'lo to £l2; other good cows and heifers, £3 to £9 10s; backward cows and heifers, £5 to £7 15s; best yearling heifers, £1 to £5 7s Gd; heifer calves, CI to £i 15fj. A lino of heifers that have been running with tho bull, offered on account of Mr. J. Roulston, made up to £9 15s. Lalo values for beef wcro fully maintained. Heavy prime cows and heifers made £7 to £8 fis; light prime cows, £5 to £'G 15s; store cow's, £3 to £t 10s; boner cows, £1 10s to £2 15s. Fat pigs wcro penned in average numbers. Bacouers lealisod £2 Ms to £3 3s; porkers, £2 4s to £2 12s; largo stores, £1 10s to £1 17s; slips, £1 Is to XT fs; weancrs, 153 to £1 Gs. FULL YAIIDINGS AT MAT AM AT A. At tho stock solo conducted bv tho Farmers' Auctioneering Company at Mata mata on Wednesday there wero full yarding of all classes of cattlo, extra largo vard--111158 of all pigs, including baconers, porkers and storo pigs, Everything sold under tho hammer at lato rates, ntoro and weaner pigs being in keen demand. Prices were; Beef: Fat cows, £8 Gs to £8 19s; medium fat cows. £7 Is to £8; light fat cows. £5 2s Gd to £(( 12s Gd; forward-conditioned cows. X't 5s to £5; good-conditioned Hereford cows, £5 lis; other storo cows, £2 to £3 13a; 1 boner cows, CI 10s to £1 IGs; cows with calves, £2 18a to £5 IGs: light fat Bteers. £8 lis to £8 19s; 25-year Polled Angus and Hereford steers, £8 2s; 2-3-year mixed steers, £5 10s to £7 13s; 18-months Shorthorn steers, £•( to £4 IGs; best yearling Jersey heifers, £3 17s I'd to £5; "other yearhuK Jersey heifers, £2 5 J to £3 12,1 Gd; yearling Ayrshiro steers, £.' l 3s; yearling Shorthorn steers. £3 10s to £3 17s fid; Jorsoy bulls. £5 10s to £lO 10s; bulls (potting), .£1 10s to • ft Dairy cows, £« to till 15s. Pigs: Heavy • b.iconers. £2 lis to £2 IGs; light baconers I and heavy porkers. I'2 10s to £2 12s: light I porkers, £2 to £2 ss; slips, £1 12s to £1 t 15s; weaners, £1 to £1 Bs. Sheep: Fat hogvets, £1 0s Id to £1 2a 3d.