LONDON STOCK MARKETS.

New Zealand Herald, Volume LXVIII, Issue 20988, 26 September 1931, Page 5

LONDON STOCK MARKETS.

RISE IN i; RUBBER FEELS 'BENEFIT. British Wireless. RUGBY, Sept. 24. On the London stock markets this morning fair business passed .in the ' foreign exchange market, although the rates are still nominal. Commodities continued to me. Rubber was 3-16 d higher at 3 l-16d per lb. The changed monetary conditions have created an optimistic spirit, in the Lancashire industrial towns, and the cotton industry appears to have received a fresb impetus. THE CITY MARKETS. YESTERDAY'S AUCTIONS. COMPETITION FOR BANANAS. Competition was keen for ripe bananas at the Auckland City Markets yesterday, and first grade fruit sold at 21s to 25s 6<i a case, compared with 13s a case earlier in the week. A .iresh shipment, of bananas is due by the Tofua on Monday. Australian oranges were selling freely, bat there was a very poor demand f&r mandarins, which realised only 4s to 13 a case. Lemons were also very slow of sale, local fruit being offered at to 7s 6d a case and Australian rat 8s to IQs. The demand for apples yesterday • remained about the same as at earlier sales, with the exception of special Delicious, which "showed a slight • improvement at 6d to 3s a case. Stunners at 8a to 9a were about the same as at the beginning of the week. At yesterday's sales, the field produce market was heavily supplied with lettuce, pumpkins and cabbage. There were alsofair supplies of new potatoes, green peas, beans, cauliflower and all other vegetables in season. There was. a fair demand for most lines. New potatoes sold at to 3d per lb., a slight increase' on the price of ljd to 2id ruling a week ago. Prices of most other varieties remained steady. The supply of poultry was .small yesterday, and the demand very keen. As a result, there was competition .for table birds, which showed a sharp increase in valnes compared with those ruling last week. Prime cockerels of heavy breeds were keenly sought at 6s to- 8s 6d each yesterday, compared with 5s- to 6s 6d a week ago, while light prime birds sold at 3s 6d to 5s yesterday,. against 3s to % 6a at the previous sale.

There was no alteration in the prices for .hen eggs, although each grade of duck eggs was Id a dozen cheaper. The special grade hen eggs sold yesterday at Is Ijd a dozen, while special duck eggs realised Is Ojd. Supplies were mod-, erate ind there was a fair demand, yhort supplies of farmers* butter met. a good demand at 9jd to lljd per lb. Prices tor average quality lines were as follows: — FRUIT.- - Apples, Delicious, 4? to fe M a case; specials, "s 6d to Ss; Munrces,> 5s to 7s; Pride of Australia, 5a to 7s: Dougherty,. - 4a to 6s 6d: Stunners. Ss to 4a; GrannieSmith, 8s to 10s_: Fi-a Crown, pippins, 5s 6d to 7s; pears. Nellis. choice, 9s 6d to_ lis; others, 6s to Ss, Coles, 5s to 8s 6d;- Vicars, 6s to Ss: t* Barrys, 6s to 8s 6d; paasiotL fruit, local, 5s to 9s: Autralian, lOs to 15»; tree tomatoes, 33 to 5s 6d; black. 6s to. 8s 6d : tomatoes, hothouse, IGd to Is 2d, per lb.; Island. 7s to 9s 6d a case; lemons, local. 4s to 7s 6d: Australian, 8s to 10s; oranges. Island according to count, 13a* to18s 6d; Australian navels, 9a 63. to 12s 6d; common Sydneys, 6s 6d to 9s 6d; Valencia?, 9s to 113; pineapples. 9s. to 14a; mandarins. - 4s to 7s; grapes, Californian. white, lEs to 18s a barrel; red, 19s to 275; cases, bad order. 10s to 12s; bananas, first grad?, 21* to 25s fid medium, 19s to 225; seconds, 9a 6d to 16s 6d. FIELD PRODUCE. " Potatoes, Southern, 6s to 9s a sack; new; lid to 3d per lb.;, onions. Californian. 16a to 17s 6d a cental; local, 53 to 6s a bag; kumaras, Island./16s per cwt.; Tauranga, 16s, to 19s; cabbage, 3b to & a sack; cauliflower, as to 143' swedes. 5s to 3s a -bag; pumpkins Ss to 12s fid per cwl.; citron melons, 8s to 10*. - .green' peas. Sd. to Is 6d per lb.; beans, hothouse, 3d to Is 6d per 1b..; lettuce. Is to 5s a case; cucumbers, hothouse. 4s to 5s 6d a dozen i vegetable marrows, 3s to 6s a :dozen; cabbage, loose, Is fid to 4s a dozen; caulifiow#r, loose-. 3s to 8s a dozen; celery, 9d to_ 3s bundle; rhubarb. 3s to 6s a dozen; spinach. Is to Is 6d r pumpkins. loose, 9d to 2» each; radish, fid to Is fid a dozen; springy onions. 6d to la a bundle; carrots, beet and turnips, 6d to Is a dozen: asparagus. 8d to Is 3d a bundle; Sleeks, 3d to <s. POULTRY. Cockerels, heavy, prime, fe to Ss fid each; not prime, 3s fid upward; light, ririme, 3s fid to ss; not prime. 3s upward; rat roosters, heavy, prime, 2s 6d to 3s; light. Is 9d to 23 fid; fat hen 3, heavy, 3s fid to 4s 9d: light. 1 . 2s to 3s; ducks, young. 3s fid to 4s fid: old. 2s to 3s; drakes, old. 2s to 3s; cockerel clucks, heavy. 4d to IQd.- light, .2d to 4d; day-old chicks. Black Orprrfgton, 6d to lid; leghorn fid to 9d. DAIEr PRODUCE. * Hen eggs, special grade. Is lid a dozen; A grade. Is 04d; B grade. Hid; duck eggs, special grade. Is Oid; A grade. Kid: B" grade. 10id : farmers' butter. 9id to Hid, per lb. - PEDIGBEE BULLSI PRICES AT CLAUDELANDS* UST OF PRINCIPAL SALES. [FEOIt OCB OWX COStKESPOOTEST-l HAMJLTOIv, Friday. The annual salt;, of pedigree balls conducted by the Waikftto Combined Breeders* Association wa3 continued at CLaudelands yesterday. The competition showed a slight improvement on that experienced on Wednesday. but values nevertheless did not' reach expectations. _ • The oaeriis comprised 153 yearling and two-year-old. Jerseys, of which 123 were sold at an average price of about 124 guineas. The top price was 32 guineas paid by Mr. A. Bettley. of Matan.gi. for Mr. A. McFarlane'a Polly's King Twylish. The average price realised for yearling and two-year-old «Terseys. on. the second day or the sale last year was 21} guineas. Following were the principal sales A McFarlane's Polly's King Twylish. 32 guineas. Mr. A. , Bettley (Matanar); Mr T. Church's Jersey. Brae Gallant Hero. guineas. ilessrs. "W. Dunn (Waihou); Mr. R. G-. Leffgett a ReEiti < Masterpiece. 2S sraiceas. Mr. L. bicone > (Waihou); Mr. J. Red Harper's C.oufands Masterful. 2S guineas, Mr. N. F. Mutxelson ; f Kiwitahi); Mr. A.. Hazehons ratty. Meadow's Toff. 27 guineas, Mr. W. Fuzgerald (Tirau): Messrs. G. R. and H._Hut-, chinson's Vernon Golden Victor. 27 guineas.; Farmers' Auctioneering Company. Limited, as agents; Mr. C. S. Leggett's Ponek* Father Christmas. 26 guineas. Mr. A. _ Miss en. as agent; Messrs. G. R.__ and H. , Hatchinson's Veraon Proud Lad. -a guineas. , M' R D Ftsher ' (Cambridge); Mr. ii.-; G~ Leggets'3 Rekiti Twylish. 25 guineas, , Mr \ Hunter (Paftetocga); Mr. T. Church s j jersey Brae King Victor. 54 guineas. Mr. \ Demler (Motumaoho); Mr. T. Church •j jersey Brae Ratepayer, 24 guineas, Mrs.; W Morns (Tirau); Mr. R. G. Leggett s, Rekiti Admiral. .23 guineas, Mr. O. T Ho'den /O'nicewai): Mr. R. G. Leggett s, Rekiti Advance. 22i guineas. Mr. W. Alt-; ken Orinii; Messrs. W. Dunn and Sons ; Premier Royal Puzzle, 22 guineas. Mr. G. Trott (Ohaupo); Mr. T. Church s Jersey Brae Minstrel Boy. 22 guineas. Mr. i. Pi»rTow (Ruknhia). . - The sale concluded when the remainder of the yearling and two-year-old Jerseys were disposed of. (Bidding was slow at the commencement, the early lots changing hands at low figures, but the demand brightened as the sale proceeded, Oi the ijw h»Ms» offered, 129 were sold, the average price being lOgna. The highest price realiaed was 33gns, paid by Mr. J. P- voaper. c£ XT&tamata, for Messrs, W, Dtuin ana Sons* Premier Complexity. During the three days or the sale 346.0ut of the catalogued offering of 53S omi3 were sold, at an average of llgns. The total proceeds of the sale were slightly over £4OOO. MELBOURNE PRODUCEMELBOURNE.. Sept. 25. The following are to-day' 3 .quotations on the Melbourne produce markets:—. Wheat; Firmer, 2s 4d to 2s Sd. Ffomrsi £6 3s. with better .export inquiry, and Pollard: Firm at £4 ss. to 2s Id. Barley: English,. 2s 66. '3s to 3s Id. ' . ,'''"-H*CHICAGO WHEAT MARKET- I « ' .ft' 'CHICAGO. Sept- 3*,.| December, May, m