COMMERCIAL

Poverty Bay Herald, Volume LXV, Issue 19732, 10 September 1938, Page 11

COMMERCIAL

CATTLE FEED SHORTAGE HAY, BRAN AND POLLARD DEMAND FROM DAIRYMEN An acute shortage of supplementary cattle feed exists in the Gisborne district, due mainly to the destruction of pastures during the extensive wet spell and the slow spring growth of grass following the return of fine weather. Milk supply men have been particularly concerned, because at times of feed shortage they depend on bran and pollard to maintain their production. The shortage of bran is Dominion wide, and it is reported that stocks in Gisborne have never been so low. All steps are being taken to relieve the position, and advice has been received that a shipment left Lyttleten to-day by the m.v. Pakura, which is expected to discharge here on Tuesday. This shipment should meet all immediate requirements. Gisborne merchants quote existing supplies at 13s Gd per 1801 b sack.

Pollard is very difficult to secure, and merchants’ supplies are priced at 17s Gd per 2001 b sack. The hay shortage has not been relieved since the winter, and lucerne hay -is still quoted at 4s to 4s Gd per bale, with good meadow hay at 3s Gd to 4s a bale.

THE SHAR EMAKKET (Per Press Association.) AUCKLAND, this day. Sales on ’Change: New Zealand Insurance, £2 lGs; Auckland Gas, £1 Os 4d; Consolidated Brick, 7s 9d; Farmers’ Trading, 19s lOd; New Auckland Laundry, 19s Gd; Rawing, 8s: Government 'Stock, November, 1938-52, 31 per cent, £IOO 10s; Perpetual Forests, £J 13s Gd; National Bank, £2 12s; G. ,T. Coles, £3 18s; Government Stock, March, 1939-43, 31 per cent, £IOO ss. WELLINGTON, this day. Sales on ’Change: Bank of New Zealand, £2 2s (2); Woolworths, New Zealand, ord., 19s 3d; Commercial Bank, pref., £9 Gs 10]ld; Colonial Sugar, £46 17s Gd; Taranaki Oil, 12s sd; G. J. Coles £3 18s 4d; Woolworths, Limited, ord., ’.£l 0s lid; Coles, £3 18s 3d; Woolworths, Limited, ord., £1 0s lOd; Broken .Hill, £2 16s Gd, £2 lGs 7d; Broken Hill South, £1 9s 9d. CHRISTCHURCH, this day. Sales on ’Change: Commercial Bank of Australia, 15s lOd; New Zealand Breweries, £2 0s 3d; Broken Hill Proprietary, £2 16s Gd <3) Broken Hill Proprietary, con., £1 l!is 5d (2); Consolidated Brick, 7s Gd; Dunlop Rubber, cum riiv., £1 0s lid; Electrolytic Zinc, cum div., £2 4s 9d; G. J. Coles, £3 18s, £3 17s 9d; Broken Hill South, cum div., £1 10s; Mount Morgan, 11s; North Broken Hill, cum div,, £2 4s 3d (2); Tooth’s Breweries, £2 13s 9d. DUNEDIN, this day. Sales on ’Change: Bank of New Zealand, £2 2s; Broken Hill Proprietary. £2 16s 9d; New Zealand Breweries, £2 0s sd; Mount Lyell, £1 Gs 9d (2), Mount Morgan, 11s Id.