THE CITY MARKETS

New Zealand Herald, Volume LXXIII, Issue 22525, 16 September 1936, Page 9

THE CITY MARKETS

BANANAS CHEAPER DEMAND FOR ORANGES •PINEAPPLES IN OVERSUPPLY Owing to large supplies of the bananas brought by the Matua last week ripening in time for yesterday's sale, the fruit sold at much lower rates at the City Markets yesterday. As much as 30s a case was obtained for ripe bananas on Friday, but the highest price paid yesterday was about !225. There was a good demand for oranges, while quality apples and pears also met with a fair inquiry. Grapefruit and lemons were slow of sale and the market was over-supplied with Queensland pineapples, owing to the arrival of two shipments v within a few days of each other. High values were obtained for hothouse .tomatoes, which again were in short supply, while tree tomatoes also were scarce.

Cabbages and cauliflowers again were available in heavy supplies, the former advancing slightly on last week'js rates. Carrots also, came forward in large quantities and sold at cheaper rateil. Good quality celery was in keen demand, while rhubarb and asparagus boith were available in heavier supplies, values being lower. New potatoes also were plentiful, choice lines selling well at last week's rates. Pumpkins were marketed in fair suppjies, good quality lines meeting with a keen demand. There was a keen demand for poultry, which came forward in medium supplies, but the prices paid remained practically unaltered at last week's rates. Values were:— , FRUIT Apples, Delicious, local. Us Gdi« 4s Gd a case; Hawke's Bay, 6s to 8s; Ballarat, 6s to 7s; Dougherty, 0s to 7s Gel; Granny Smith. Oh to 98; Jonathan, 5s to 8s fl'd; Romß "Beauty, 8s to 9s 6d; Statesman, 6s to 7s 3d; Sturmcr, Gs to 8s 6dj Winesap, 5s to OS; pears. Peter Barry, 6s to 7s Gd; Winter Coles and Winter Nelis, 6s to 9s; tomatoes, hothouse, Is 6d to 2s per lbj tree tomatoes, n<iw, black, 6s Gd to 8s Gd a case; yellow, Gs Gdi oranges, Australian, Ifls to 235; grapefruit, New Zealand, extra choice, 6s to 7s 6d; <ithers, 3s to ss; Californian, 355; lemons, choice, cured, Gs to 8s Gd; others, 3g to ss; mandarins, Australian, 30s to 355; bananas, rijie, 10s to 225; pines, Queensland, 12s to 14n; grapes, Californian, white, 26s a chest; black, 255: passion fruit, 14s a case; mushrooms, Is 6d to 2s per lb. FIELD PRODUCE Asparagus, Sd to Is Gd a bunille; beet, Od to Is 2d a dozen; celer;/, cooking, 4d to 8d a bundle; dessert, Is to 3s 2d; carrots, 8d to Is Gd a dozen; cauliflowers, 2s to 5s a sack; on benches, Gd to 2s a dozen; cabbages, Is 6d to Gs a sack; on benches, 6d to 2s a dozen; cucumbers, hothouse, 4t to Gs Gd a .dozen; French beans, 9d to Is Id per lb; green peas, Gd to 3s per lb; knmarns. Island, 20s to 25s a cwt; Tauranga, 7s Gd to 9s Gd a bag; leeks, 9d to Is Gd a dozen; lettuce, 2s to 6s fid a case; marrows, 2j to 3s a dozen; onions, 3s to 4s 9d a bag; potatoes, Southern, 9s 6d a cwt; new, No. 1, 10s to 17s a bag; No. 2, 4s to 8s 6d; pumpkins, choice, Triumble, 18s to 24s a cwt; ordinary, 10s to 15s a sack; parsnips, 6d to 9d a dozen; radish, Is a dozen; rhubarb. Is 6d to 3s fid a dozen; spinach, Is to 2s a dozen; spring onions, 6d to Od a bundlu; swedes. 2s to 3s 6d a bag; turnips, 3d to 01 a dozen.

POULTRY Cockerels, heavy breeds, prime, 4s fid 6s each; not prime, 2s fid up; light breeds, prime, 3s to ss; not prime, 2s up; fit roosters, heavy breeds, prime, 3d to 4s; light breeds. 2s to 3s; fat hens, heavy breeds, 3s 6d to 4s Od; light breeds, 2s Gd to 3s 3d; pullets, heavy breeds, best, 4s to 4s 6d; t mailer, Is Od up; light breeds, best, 3s Od to 4s 6d; smaller, Is Gd up; drakes, young, prime. 2s Gd to 3s fid: smaller, Is fid up; old. Is fid to 2s 3d; ducks, young, 2s to 3( 3d; old, Is Gd to 2s 3d; cockerel chicks, henvy breeds, Is to Is 3d; light breeds, 2%d to 4YJL; guinea fowls, 3s 6d to 48 6d.

FARMERS' B'OTTER AND EGGS

Hen eggs, A grade, Is oy a d a dozen; B grade, llVid; C grade, BVjd; duck eggs, A grade, Is oV£d; B grade, llVid; C grade, ©Mid; farmers' butter, is to Is 3d per lb.

MINING NEWS KOMATA REEFS' PROFIT GOLD AND TIN INVESTMENTS [FBOM OUTt OWN cobkespondent] LONDON, Auirust 20 The report of Komata Reefs Gold Mining Company, to March 31, shows a profit of £6246. against £54611 in tho previous j T oar. Income tax requires £927, as against £671, and alter payment of the final dividend of 3d a share, making 25 per cent tax free, there is £587 to be carried forward, compared with £SBB brought into the account.

The directors state that investments continue to be principally in {hares of producing dividend-paying companies. There has been little opportunity for speculative investments for caoital appreciation. North Kalgurli (1912), in which company Komata Reefii has a large holding, paid dividends amounting to 62£ per cent for last year, and output and profits have been increased during the present year. Ore reserves assure a long life. Holding in shares of North Kalgurli was therefore considerably increased during-the year. Investment in Kentan Gold Areas was increased at recent issue of shares. It is stated this company will begin production on a large scale at the end of next year. Other investments are in tin shares, all of which are producing and dividend paying. The company has holdings in Tanganyika Concessions, Boulder Per-" severance, South Kalgurli, Wiihi -Investments. Martha Gold Mining (Waihi), Imperial Mining Gold Explortitipn and Finance Company of Australia.

YIELDS OF COMPANIES Paddy's Point (Otago).—B6oz. 3dwt for 22 dajV sluicing.

RIMU DREDGE REFLOATED

The Rimu dredge (West Coast) has been refloated and repairs effected to the damaged pontoons. The electric motors will be dried out during the next few days and the dredgemaster hopes to resume dredging as soon as this work is completed. RECORD CANADIAN YEAR Canadian gold production during J935 established a record for both quantity and value. The total production of new or primary gold totalled 3,284,890 fine ounces valued at approximately £23,119,055 sterling, compared with an output of 2,972,074 fine ounces, valued at approximately £20.507,310 sterling in 1934. Ontario. Quebec and British Columbia were the principal gold producers, accounting respectively for 67.5 per cent, 14.3 per cent and 11.9 per cent of the total Dominion production, An interesting feature of the year 1 was the first officially recorded contribution of lode gold from the North-west Territories, represented by gold contained in ores shipped from the Grout Slave Lake district.

KAITAIA DAIRY COMPANY

TWO DIRECTORS RE-ELECTED

[by telegraph OWN correspondent] KAITAIA, Tuesday

The-election of directors of tho Kaitaia Dairy Company resulted in the return of*"the retiring members,, Messrs. C. B. Michie and IS. R, Bird. The voting was as follows:—Michie, 806; Bird, 768; Clark, 329; Archibald, 233. Only 56 per cent of the shareholders recorded their votes. j