COAL FOR RAILWAYS

New Zealand Herald, Volume LXIX, Issue 21359, 7 December 1932, Page 7

COAL FOR RAILWAYS

ORDER AT HIKURANGI CO-OPERATIVE PARTY'S SUCCESS [by telegraph—own correspondent] "WHANGAREI, Tuesday The co-operative party, under Air. A. T. McGlashan, which is working Wilsons Collieries' mine at Hiluirangi, has secured an order of 250 tons of coal weekly for the Railways Department in addition to the present order of 300 tons weekly for Wilsons (N.Z.) Portland Cement Company, Limited. The new order will mean engaging more miners by the cooperative party, although it is not known for what period the order will continue. QUOTATIONS FOR WHEAT LONDON AND LIVERPOOL MARKETS IN AMERICA LONDON, Dec. S Wheat.—Cargoes are quiet. Parcels are slow. Futures.—London: Decerrbcr, 23s OAd a quarter; February, 22s 7d ; April, 22s 6d. Liverpool: March, 5s a cental j May, 5s ljd. CHICAGO, Dec. 5 Wheat.—December. cents a bushel; May, 48| cents; July, 48£ cents. The New York quotation for cash is 551 cents. PORT OF SYDNEY LESS SHIPPING HANDLED DEFICIT ON YEAR'S WORK [FROM OE.'R own correspondent] SYDNEY, Dec. 1 During tho 12 months ended June 30 5840 ships, with a total gross tonnage of 14,481,862, entered the port of Sydney, according to the annual report of the Sydney Harbour Trust, made available this "week. The number of ships was 142 Jess than in the previous 12 months, and gross tonnage declined' by 210,803. While '4O fewer oversea ships entered the port, the gross tonnage of these was 15,715 greater. This is taken as evidence of the modern tendency toward larger vessels, and is largely explained by the arrival in the trade of the British 22,500-ton liners Strath naver and Strathaird, and the American 18,000-ton liners Mariposa and Monterey.

Another interesting, development noted in the report is the increased use of motor propulsion. 'J lie number of motor-ships which entered the port was 446, compared with 370 in the, previous 12 months.

The amount of cargo brought into the port declined during the 12 months, totalling 3,017,818 tons, compared with 3.119,247 tons in 1930 31. Compared with the pre-depression year, 1928-29, the gross tonnage of ships which entered the port declined by "8 per cent, and the amount oi cargo by 51 pei* cent. The tonnage of ships was maintained by exports, which showed an increase from 1,542.834 tons in 1930-31, to 1,698,658 tons in 193132. Wheat exports declined from 828.260 tons to 745,480 tons. The total income of the trust- for the year was £832,186, which was £7891 less than that of the previous 12 months. Revenue expenditure amounted to £989,560, so that the accounts showed a net deficit of £157,374. Working expenses, at £393,861, represented 40 per cent of the total expenditure. Interest on the capital debt, £554.696. accounted for 56 percent. and the sinking fund contribution, £41,002, for 4 per cent. Administration charges took 8.5 per cent of working expenses, maintenance of property and plant 19.2 per cent, survey of the port 1.8 per cent, dredging 1.9 per cent, and general charges 13.2 per cent. Exchange absorbed £147,360, or 37.4 per cent, and accounted for practically the. whole of the increase in working expenses from £295,636 in 1930-31. Rigid economy, the report states, was exercised in items of controllable expenses. As it was £95,213 of the interest commitment could not be met, and the Treasury sinking fund charge of £41,002 was not paid. Highly satisfactory results have been obtained bv the trust in its campaign against the pillaging of cargo on wharves over the last 10 years. In 1922, of £794,973 worth of cargo discharged claims for pillaged and short-landed goods amounted to £15,850. In 1931 goods landed were valued at £514,377, and claims amounted to £1037. The average per ton was thus reduced from 4.78 pence to 0.483 pence.

CITY MARKETS FRUIT AND FIELD PRODUCE LOWER VALUES GENERALLY Reductions in values for some line's of fruit and vegetables occurred at the City Markets yesterday. In spite of the approach of Christmas, prices for poultry were unaltered. Strawberries were generally about 2d a chip lower. Captain Cooks selling at B<lto 10d and Marguerites nt 6d to Bd. Peaches, which brought 4s to 5s a case, were 2s 6(1 lower than at Friday's sales. Rates for tomatoes receded ?d or ,1d a lb., hothouse selling for 3d to 6d and outdoor for 3d to sd. 'Apples, pears, cherries and gooseberries were generally about the same. In the vegetable section, the chief reductions were for cauliflowers, down Is a sack to 2s to ss. and green peas, down 6d to 2s 6d to 4s a bag. Broad beans also were lower, but the French variety sold at late rates. New season's potatoes were still very low, at Is 6d to 2s 6d a bag. _ Prices were :—• .FRUIT Apples, Canadian. 21s a case; Stunners, (is to its; Delicious, (la to 10a; Dougherty, .is to "is 'id; pears, Xel is, 8s to l(!s; Peter Barrys, Gs to 8s; peaches, -Is to ss; plums, cherry, '2s (id to 3s (id; red dessert, Gs to Hs; cherries, Australian, 7s to 8s; Greytewn, 7s to 9s; oranges, Valencia, 7s to 10s (3d; grapefruit, Californium 3Ss: tomatoes, hothouse, 3d to lid a lb; 3(1 to sd; bananas, 17s to 24s a case; strawberries. Captain Cook, 8d to lOd a chip; Marguerite, Cd to 8d; others, 7d to lOd; lemons. Is to 8s; grapes, 2s id to 2s 5d a lb; gooseberries, 'ls. FIKLD PRODUCE Potatoes; new. ,1s (id to. 2s Gd a has; swedes. Is to 2s; onions, local. 2s Gd to 3s fid: Canadian, 12s a crate; cabbages, Is to 2r. (id a sack; cauliflower, 2s to Cs; pumpkins, 12s to 17s a cwt; cucumbers, 1» to 3s a dozen; carrots, Is to Is 9d ; parsnips. Gd to Is; beet, Gd to 9d; turnips, Gd; radish, lid; spring onions, 3d to Gd a bundle: spinach. Gd to lOd a .dozen; leeks, 2d to 4d a bundle; green peas, 2s Gd to 4s a bag; French beans, 3s Gd to as 9d; broad beans, 2s to 2s Gd; marrows. Is to 3s a dozen; lettuce. Is to ts a case; rhubarb. Is to Gs a dozen; asparagus, Gd to Od a bundle. POULTRY Cockerels, heavy breeds, prime, 3s Gd to 5s Gd each: not prime. 2s Gd upward; light, prime, 2s Gd to 3s Gd; not prime, Is 6d upward ; fat roosters, heavy, prime, la 3d to 2s; light, S)d to Is Gd; fat hens, heavy. Is 9d to 2s 3d; light, 9d to Is (id; pullets, heavy, best (this season's), 2a Gd to 4s; smaller, Is to 2s Gel; light, smaller. Is to 2s Gd; drakes, young, prime. Is Gd to 2s Gd; smaller, 9d upward; old. 9d to Is 3d; ducks, young. Is Gd to 2s Gd; old. 9d to Is 3d; cockerel chicks, heavy breeds, 4d to 2s Gd: light. Id to Is Gd; guinea fowls, 2s Gd to 3s (id; ducklings, 4d to sd. DAIRY PRODUCE Hen eggs, first grade, 10kl dozen; B grade, 9?d: C grade. osd: duek eggs. 9id, bid. GUI. Farmers' butter, 7d to 9d a lb.