QUEEN STREET LEASE

New Zealand Herald, Volume LXXIII, Issue 22564, 31 October 1936, Page 9

QUEEN STREET LEASE

FARMERS' TRADING STORE PURCHASE BY SHILLINGS LOCAL COMPANY'S EXTENSION An important transaction, involving the sale by the Farmers' Trading Company, Limited, of the lease of its Queen Street premises to Shillings, Limited, has been completed. The Farmers' Trading Company intends to transfer its Queen Street business, which it inaugurated about four years ago, to Hobson Street, and has let a contract for a large extension to its Hobson Street store, which, with fittings and fixtures, will involve an expenditure of £30,000. The transfer will take place in July next year, when the contractor has undertaken to have the new premises in Hobson Street ready for occupation. The company ii 3 transferring all its stock, having sold only the plant, fittings and lease. The arrangements provide for a continuation of employment for the staff. Shillings, Limited, was registered in Wellington this year. The company is establishing a chain of drapery stores throughout the Dominion. The sale of the Auckland lease was negotiated' by C. F. Uennett, Limited, the purchase price nob being disclosed.

THE CITY MARKETS

FAIR INQUIRY FOR FRUIT FIRST GOOSEBERRIES ARRIVE | Most lines of fruit met with a fair | inquiry at the City Markets yesterday, although hothouse tomatoes eased in price, owing to the arrival of Karotongan tomatoes by the Hauraki in the afternoon. Good quality dessert apples, pears and grapefruit were in demand and there was a slightly keener inquiry for lemons. Strawberries continue to come forward in increased quantities, the better quality lines realising nigh prices. A few gooseberries have made their appearance during the last few days, and it is expected that regular supplies will bo received from now on. Prices for green peas and new potatoes were much lower than last week, both being available* in heavier' supplies. Cabbages and cauliflowers also were plentiful, the first-named being practically unsaleable on accouut of the heavier supplies of green peas. There was a keen demand for rhubarb, pumpkins and beetroot, but both kumaras and "lettuce were available at lower rates. Poultry was marketed in heayy supplies, the demand being very keen for most lines. The -prices paid, however, remained practically the same, except for a slight rise in the values for fat hens. Values were: — FRUIT Apples, Delicious, local, 2« 6d to Ss 6d; Hawkc's Bay, 8s to 12s; Dougherty, 4s to 8s: Granny Smith, 3s to 7s Gd; Jonathan, 5s to 8s; Rome Beauty, Gs to 10s: Statesman, 7s to 8s; Sturmer, 7s Gd to 115; pears, Peter Barry, 6s to 8s Gd; Winter Nelis, 9s to 12s 6d; tomatoes, hothouse, Od to Is 2d; grapefruit, New Zealand, extra choice, Gs to 9s; others, 4s to ss; Californian, 32s Gd; lemons, choice, cured, 7s Gd to 9s; others. 3s to Gs 0d; bananas, ripe, 23s to 375; grapes, Californian, red, 2ok; white, 255; black, 32s Gd; strawberries, Captain Cook, extra choice, 2s 3d to 3s; others. Is 3d to 2s; Marguerite, extra choice, Is 6d to 2s; gooseberries, 7s fid to :Lls 9d; mushrooms,' is Gd to 2s 6d per lb. FIELD PRODUCE Asparagus, 4a to Od a bundle; beet, Is to Is 9d a dozen; broad beans, 2 s / a d to 3 1 / ad per lb; carrots, Od to lis 6d a dozen: cauliflowers. Is Gd to 4s a sack; on benches, 6d to Is a dozen: cabbages, Is to 3s fid a sack; on benches, Gd to Is a dozen; cucumbers, hothouse, 7s to lis a dozen; French beans, hothouse, 8d to Is 4d per lb; green peas 3s to 9s a bag; knmaras, Island, 14s cwt; Tauranga, 5s to Gs a bag; leeks, Gd to is a dozen; lettuce, Is to 4s Gd a case; onions, local. 2s 6d to 5s a bag; Canadian, 13s to 15s; potatoes, mew, No. 1, 5s Gd to Ss a bag; No. 2, Is Gd to 3s Gd; pumpkins, choice 25s to 32; cwt;" parsnips, 9d to Is 3d a dozen; radish, Od to Is 3d a dozen; rhubarb, Is 9d to 3s Gd a dozen; spinach, 9d to Is !)d. a dozen; spring onions, 4d to Od a bundle; swedes, Is tft Is 6d a bag; turnips, 6d to Od a dozen. POULTRY Cockerels, heavy breeds, prime, 4s to (is Gd each; not prime, 2s Gd up; light breeds, prime, 3s to ss; not prime, 2s up; fat roosters, heavy breeds, prime, 2s to 2s 9d; light breeds, Js Gd to 2s; fat hens, heavy breeds, 3s to 4s; light, breeds, 2s to 3s; pullets, heavy breeds, best, 3s to 4s 3d; light breeds, best, 3s to 4s 3d; heavy breeds, smaller, Is Gd up; light breeds, smaller, Is Gd up; drakes, young, prime, 2s Od to 3s Gd; smaller, Is fid up; oid, Is fid to 2s Gd; ducks, young, 2s Gd to 3s Gd; old, Is Gd to 2s Od; cockerel chicks, heavy breeds, 4d up; light breeds, iy a d up; guinea fowls, 4s to 5s 3d. FARMERS' BUTTER AND EGGS Eggs, hen, first grade, 18 oy a d a" dozen; B grade, llVid; C grade, o'/ 2 d; duck, first grade, Is o*/ a d; B grade, llV'id; C grade, 10; ; d; farmers' butter lOd to Is per lb. PRICES OF METALS TIN STILL RISING LONDON, Oct. 29 Following are to-day's quotation? on the London metal market compared with those of October 28: —• Oct. 29 Oct. 2S Per ton Per ton £sd £ s d Copper, stan., spot 42 6 11 Vi 42 10 0 Copper, stan., 3 mos. 42 12 G 42 15 7/, Copper, electrolytic. 40 10 0 46 10 0 to to 47 0 0 47 0 0 Copper, elect., wire bars . . . . 17 0 0 47 0 0 Lead, soft, spot . . IS IS 9 IS 13 0 Lead, soft, forward IS 10 3 IS 12 0 Spelter, spot .. 15 3 9 15 1 3 Spelter, forward . . lij 8 9 15 6 3 Tin, stan., spot . . 200 10 0 205 15 0 Tin, stan., 3 mos. . 204 17 0 201 7 G

CANTERBURY MARKETS [by TEIiKGJIArn rJIKSS association] CHRISTCHURCH, Friday The general opinion in the trade is that the Government Statistician's estimate of the area under potatoes for the coming season :is too low. The figures for one thing probably cannot include the planting which probably will be done for a week or two. and the sales of seed and manure indicate a larger increase .than the figures show. The market for potatoes has completed its erratic course for this season and no interest is being shown. Quotations are only nominal and merchants are content to purchase their requirements as orders come in.

Although experience suggests that the estimate of the wheat sowing will be smaller than the actual amount put into the ground, wheat is very firm. Some millers have bought grain that would usually have been sold as good whole fowlwheat and intended to use it for milling. These purchases have firmed the fowlwheat market, and graded lines are worth 4s Bd, f.0.b., with undergrade up to 4s 6d. Oats are in short supply and the market has hardened. Good quality lines are being taken for milling at up to 3s 2d, on trucks, for Gartons.

The small seeds market continues steady, with little doing apart from the normal spring trade.