COMMERCIAL

Poverty Bay Herald, Volume LX, Issue 18208, 2 October 1933, Page 2

COMMERCIAL

SMALL SEEDS TRADE DEFINITE INQUIRY SETS IN Alter an unusually long period oi slackness in the small seeds trade a definite inquiry lias set in from England for ryegrass, both perennial and Italian, and. to a lesser extent, for red clover, states a Christchurch message. Information bv the last mail gave no indication oi such an inquiry developing. Continental and Irish crops ol ryegrass were expected to be ample and French crops of red clover good. Possibly the dry season in England lias extended requirements for ibis week. An inquiry has come to hand for ryegrass at a price that permits business. It is suggested that America is in the market for ryegrass, the duty on this product being sntall. Offers tor red clover arc not liberal enough to permit business and. as the American duty is eight cents per lb., that outlet appears improbable. Ryegrass has improved in price locally- by 3d to 6d per lb., and both nerennial and Italian are quoted at 2s to 2s 3d a bushel on trucks. Cowgrass and cocksfoot have both been going out in retail quantities for spring sowing, and there is no home inquiry for cocksfoot. It is quoted at to 5d per Hi. for Akaroa and to 4d lor Plains. Southern advices are to the etleci that a home inquiry has developed lor the brown top crop which was allected last year l>v the wet season in Southland and nor'-westers in Canterbury.

The potato market shows little change hut interest in it is now small. I hi: weeks' shipments from - the south wen small. Whites are worth ,€o a imi i.n.b s.i.. and Dakotas E 3 las.

MINING NEWS OPERATIONS AT AVAIHI. Tho following information has been cabled to tho London office of the Waihi Gold Alining Company, Limited: No. f, Level.—Driving west on the north branch of the.Alartha lode, the width of the lode over the next f’lft is about 3ft, and over the next Rift about -ft. The quartz is- oi good grade. Martha lode: Driving west, the next A2ft assays Its a ton.

No. 11 Level. —Edward lode: Tin winze was crosscut at 70ft down, and measuring from the west wall, the tirst. Sft assays 10s o<l a ton and tho last. 1 Oft 25s a ton.

No. ILT Level—Royal lode: Driving west, the next 42ft assays Lis fid a ton. The width of quartz is between -ft and lift. Driving mi the Royal lodo has boon resumed eastward from No. •1 shaft, south-east crosscut. Grand Junction No. fi Level. —At 250 ft in the Royal south-east prospecting crosscut there is a 3in leader assaying its fid a ton. The course, is 20 degrees true and the dip i in .'! west. CENTRAL SIIOTOYER RETCRN. The secretary of tlte Central Shotover Gold Alining Company, Limited, advises that from the temporary claim on tho Sugar Loaf at Arthur's' Point, a further return of 51 oz 2dwt has just been obtained as a result of a partial wash-up. This makes a total of U4oz lfidwt won front the paddock since sluicing operations were comniopced. and the claim managev estimates that the paddock will he completed in about five or six weeks’ time.

Owing to tho collapse of the London market, the. Auckland firm operating at .Mercury Bay, packing frozen crayfish tails for export to London, has notified the fishermen that it will discontinue packing this week. Shipments of frozen crayfish tails that have been made from New Zealand recently have not, met with the success that was anticipated when the industry was first undertaken. A cabled report from the London distributors stated that stocks of frozen crayfish fails and crayfish packed in glass jars are over-abundant, and that it is very difficult to effect sales of either line.