IMPROVING TRADE

New Zealand Herald, Volume LXXI, Issue 21921, 3 October 1934, Page 7

IMPROVING TRADE

DRAPERY TONE BRIGHT LARp ER TURNOVER LIKELY SHARP RISE IN IMPORTS , "■'Official reports and figures from all quarters bring the welcome news that general trade conditions are continuing to improve, and there is now every sign that this betterment is. accelerating," states the New Zealand Draper, the official journal of the New Zealand Federation of Drapers, Clothiers and Boot Retailers. "Unless some unfortunate check occurs, this improvement should now be reflected in better business and larger turnovers. "Last year the Dominion imports, for August amounted to £1,770,000 sterling, while in August this year they were valued at £3,050,000. This phenomenal rise clearly indicates a revival of trade confidence, with a sharp' movement to replace depleted supplies, of standard lines, and stock up with new season's goods. Imports have been showing a strong upward tendency for some -time, and reports from travellers and Homo suppliers indicate that this increase is likely to be maintained for some time ahead. "External trade figures show a largo and welcome rise in both exports and imports for the first eight months of" 19J34-. Sales tax collections also disclose a marked increase, the total for July being £168,662, compared with £129,951 in July last year, an increase) of 30 per cent in the revenue from internal turnover, which indicates with greater certainty and emphasis the improving conditions of trade generally. This rise in the business barometer should stimulate trade confidence, and encourage distributors to launch out in display and sales campaigns. "The reductions in the tariffs on British merchandise should be welcomed by overseas houses, who will now find assured prospects_ for increased business in the Dominion." THE CITY MARKETS APPLES IN HEAVY SUPPLY DROP IN POULTRY PRICES Apples were again in heavy supply at tho City Markets yesterday, and low prices ruled for all grades. Pears, lemons and Island tomatoes sold at low rates, but there was a stronger demand for oranges. A fresh shipment of pineapples from Australia sold at increased prices, realising 8s to lis a ease. The market was heavily supplied with cabbages, cauliflowers, celery and Southern potatoes. New potatoes and green peas also wore plentiful, as were all vegetables in season. The demand was fair. Although there ws.s a fair demand for poultry, values fell slightly. Prices were: — FRUIT Apples, Deliciouß, local, 2s to Ss Gd a caso; Hawke'a Bay, 4s Gd to 5s 6d; Sturmcrs, 6s to 7s; Granny Smith, 4s to 6s 6d; Munroes, 3s to 5s 6d; Dougherty, 3s to 5s 6d; Statesman, 3a 6d to 4s 6d; Rome Beauty, 5s to 7s; pears, Coles, 5s to 8s; Nelis, 7b to 10s; P. Barry, 5s to Cs 6d; passions, 10s to 14s; extra choice, up to ISs; plums. Californian, 19s a crate; oranges, South Australian, repacked, 16s to 27s 6d; Island, 17s 6d to 203; lemons, cured, 6s to 8s- others. 2s 6d to 43 6d; prrapefruit, .New Zealand, larpe, 6s to 7s; small. 4s to ss; Californian, 355; tomatoes. Island, os to Gs; hothouse, Gd to Is per lb; bananas, 14s to 21s; tree tomatoes, -Is to Cs a case; new black, 6s to 7s; pines. Queensland, 8s to lis; grapes, Californian, black, 335; red, 275; white, 255; coconuts, lis 6d a sack. FIELD PRODUCE Potatoes, new, ljd to lid per lb; SouthI ern. 5s to 6s a bag; swedes, 2s to 2s 6d; 1 onions, local. 4s to 4s Gd; Canadian, 12s Gd ! per 1001b; kumaras, local, 6s to 8s a bag; Island, 16s to 17s per cwt.: cabbage. 3s to Gs a sack; on benches, Is to 2s Gd a dozen; cauliflower, 3s to 5s a sack; on benches. Is to 3s per dozen: pumpkins. IPs to 25s a civt.; cucumbers, island, 5s Ca to Gs 6d a case; local, 3s to 5s Gd a dozen, carrots. Sd to Is 3d a dozen; parsnips, 9d to Is 3d; beet, 9d to Is 3d; turnips, 3d to 9d; radish, Gd to 10d; spring onions, 3d to 9d a bundle; leeks, 2d to 5d a bundle; spinach. 6d to Is 3d a dozen; green peas, 4d to 7d per lb; French beans, hothouse, Is to Is 7d; broad beans, 2d to 4d; marrows, Is Gd to 3s Gd ft aozen; lettuce, is to 6s a case; celery, cooking. 3d to 4d a. bundle; dessert, 8d to Is 3d; rhubarb, Is 6d to 3s 6d a dozen; asparaeua, 5a to M a bundl °- POULTRY Cockerels, heavy breeds, prime,. 4s Gd to Gs Gd; not prime, 3s up; light prime, 3s to 4s Gd; not prime, 2s Gd up; roos^ters, heavy breeds, prime, 2s to 3s; light. Is 6d to 2*; fat hens, heavy breeds, 3s 3d to 4s 3d; light, 2s to 2s 9d; pullets heavy breeds, best, 3s to 4s 6d; smaller, 2s up; light, best. 2a 6d to 4s;. smaller, Is Gd up, drakes, young, prime, 2s Gd to 3s bd, Binaller, Is 6d up* old. la Gd to 2s; ducks, young, Is 9d to 2s 9d; old. la Gd to 2s; geese, 4a to 6s; turkey hens, 4s to 6a; gobblers, ,6s Cd to 14s; cockerel chicks, heavy breeds. 9d to 3s; light. Id to 2s Gd; day-old chicks, Black Orpington 6d to 9d; Leghorn, Gd to 9d; guinea fowls. 3a to 4s Gd. PRICES OF METALS LONDON MARKET STEADY LONDON, Oct. 1 Following are to-day's quotations on the London metal market, compared with those of September 28:— Oct. 1 Sept. 28 Fer ton Per ton £sd £ e d Copper-, stan., spot . .27 0 U 27 6 lOi Copper, stan., 3 nios. *7 6 3 27 11 101 'Copper, electrolytic . • 30 0 0 30 5 0 to to 30 15 0 30 15 0 Copper, elect, wire bare 30 15 0 30 15 0 Lead, soft, spot .. 10 7 6 10 10 0 Load, soft, forward .. 10 13 9 10 12 6 Spelter spot . . - • 12 3 9 I*. 10 0 Spelter; forward .. 12 10 0 MM « Tin stan. spot . • 2.J1 1/ 6 -31 1- b Tin, stan., 3 11105. •• 2'28 12 6 220 1- 6 ♦American, 9 cents a lb GOOD DEMAND FOR HIDES EASING IN SHEEPSKINS There was a good demand for hides at the fortnightly sale held by tho Auckland brokers yesterday. Values for cow hides and for tallow were a shade firmer, but sheepskins cased in price. Prices for best grades were:— Hides.—Ox (abattoirs), heavy. Gd to Gid per lb.; medium, sid to old; light, -t.d to 4UI: ox (country butchers), heavy, o 4 cl to sjd; medium. 4Jd to nd; light, 4dl to 4}d; cow (abattoirs), heavy, 4Jd to 4id; light to medium, 4Jd to 41(1; cow (count ly butchers), heavy. 4d to 4 Jd; bght to medium, 4Jd to lid; farmers, all weights, •nd to 3id; yearlings (abattoirs), heavy, s}d io 51 d; light, Gd to GJd: second grade, 35d to 4d; cut and faulty, 2d to aid; calfskins, 4lb to 51b, Gid to 6Jd; under 41b, 5Jd to Gid; Gib to 81b. 7d to 7jd; seconds nnd cut, Sid to s?d; alipT>y. 2d to 4d. Dried Sheapskine.—Three-quarter to full wool, medium to fine crossbred, 4Jd to 4id; coarse crossbred, 4d to 4Jd; damaged and faulty 2ld to 3Jd; half wools, medium to fine crossbred, 4id to 4id; coarse crossbred, 33d to 4d; damaged and faulty, 2d to _|d; bare to quarter wools, sound. 3Jd to 3jd; damaged and faulty. Hd to 2JdSalted Sheepskins.—Three-quarter to full wool, large, 4s to 4s 2d each: light to medium. 2s 9d to 3n 2d; half wools, large, 2s fid to 3s; light to medium, Is 9d to 2s 4d; bare to quarter wools, 9d to Is 4d. Tallow.—Good quality, 14s to 15s Gd per cwt.; second grade, 13s to 13s 6d; third giade and inferior, 10s to 10s 6d. RUBBER STATISTICS LONDON. Oct. 1 Rubber stocks at the end of September, compared with those of recent dates, are: — .7nne 30 July 31 Aug. 31 Sept. 30 Tons Tons Tons Tons London . . 45.711 50,860 48,255 5G.030 Liverpool . 54,101 55,467 56,383 d/,4<7