COMMERCIAL

Southland Times, Issue 19508, 6 May 1922, Page 2

COMMERCIAL

D. W. McKAY, LTD. Messrs D. W. McKay, Ltd., beg to report aa follows: Bacon Pigs.—-We are offering good prices for bacon weights and supplies are coming forward freely. Produce.—Table potatoes, prime lines firmer; values ranging from £6 to £8 per ton; good demand for prime Up-to-Dates and Sutton Supreme. Pollard, 18/6; bran, 9/6; sorrel, 5/6; oatdust, 5/6; fowl wheat, 17/6 to 22/-; oats, 10/- to 14/-; calf meal, 11/6; prime chaff, £5; pressed straw, 3/6 bales; onions, 10/6 cwt; pickling onions, lid per lb. Fruit.—The market is over-supplied with Island oranges and prices have dropped as lbw as 12/- per case, repacks £l. First grade dessert apples find a ready sale; also ripe pears. Tomatoes are about finished, and the few lines that are coming to the market realised up to 8d per lb. Approximate prices for the week:—Dessert apples, 8/- to 14/- per case, cookers 6/- to 8/6; peara, 3d to 4|d per lb; bananas, green 30/per case. Demand for cauliflowers is good and comparatively high prices are ruling. Peanuts, 6}d per lb; cauliflowers, 5/6 per dozen; marrows, l}d per lb; swedes, 2/6 sack. General.—WTe sold on account of the Red Cross Society one 5-seater Ford car. There was a large attendance of buyers and competition was keen. The car realised £l2O. Keen demand for horse and cow-covers, and the extremely low prices of our covers is responsible for the big turnover. Exchange Tea, 12/6 per 51b box. Furniture.—Our special £6 bed complete is an attraction in our Department of new furniture. Other lines in bedroom and din-ing-room furniture can be had at keen competitive cash prices. THE RIALTO. Messrs William Todd & Co., Ltd., report the following sales on Friday, May s: Poultry.—Hens, 1/10 to 2/10; roosters, 1/4 to 4/-; small pullets, 3/6 to 5/4; pullets, 6/9 to 9/3; ducks, 2/- to 4/-. Pigs.—Good entry; demand slightly improved on last sale. Small weaners, 7/to 10/6; weaners, 11/- to 17/-; small stores, 18/6 to 23/-; stores, £2 to £2 7/-; sows, £2; boar, £2. Cow and calf, £B. Horses—£l6, £B, £B, £6 5/-, £o, £4, Disc plough, £l5. S.F. plough, £l7. Produce.—Potatoes; good demand. Prime table, £6 to £7. Chaff (prime), £4 10/Hay, £4 15/-. Straw, £4 10/-. Oats, 12/to 14/6. Wheat, 18/- to 22/-. Barley, 13/-. Rice pollard, 18/6. Linseed, 30/Onions, £lO. Oatdust, 5/-. Sorrel, 5/6. Miscellaneous.—Horse-covers (No. 6 duck), from 32/- to 40/-; cow-covers, 14/to 17/6; barb wire, 36/- to 38/. cwt; No. 8 galvanised wire, 27/6; rabbit-netting, 22/-; Ceylon Tea (in chests), 2/2 lb. F. BOWDEN & CO. Messrs F. Bowden & Co. report fair supplies of fruit during the week, mostly apples and pears. A few tomatoes are still reaching our market; prices are ruling high for good sound fruit. Stone fruits have finished. Grapes are confined to local hothouse. Pears are more plentiful than they were lest week, but in most instances quality is not so good. There is a good enquiry for prime table potatoes and supplies are wanted. The week closed with prices ruling;— Peans, dessert, from 2Jd to 3 id lb, cookers 2d to 2fd per lb; apples, dessert, Delicious to 3jd lb, others from 8/- to 10/6 case, cookers 6/- to 7/- case; Island orange®, 14/to 16/- case, American Valencias 50/- double case; grapes, 1/- lb; tomatoes, Christchurch 2jd to 4*d, Otago Central to 6d lb, local hothouse to 8d lb. Vegetables and Produce—Cauliflower 2/to 4/- dozen; cabbages, 1/- to 1/6 dozen; prime table potatoes, 6/6 to 7/- cwt; Canterbuiy onions, 10/- cwt; swedes, 3/- bag; carrots, lid lb; parsnips, 2d lb; jam melons, 2d to 2Jd lb; marrows, lid lb; pumpkins, lid lb; red cabbage, 9/- to 11/- cwt; eschalots, 3jd ib; peanuts, sid lb; fowl wheat, hard Canterbury, 22/6 sank; oats, 12/aack'; sorrel, 5/6 sack. MATAURA STOCK SALE. The monthly stock sale was held at the Mataura yards on Thursday in wet weather, when there was a good attendance. The yarding comprised 180 fat sheep, 1951 store sheep, and 21 head of cattle. The only pen of fat lambs fit for freezing realised 22/6, while a pen of very forward sorts was quitted at 20/-. Good average quality fat ewes were sold at from 13/1 to 16/8, while a pen of inferior sorts made 8/-, and a pen of fat ewes and wethers (mixed) realised 21/6 There was a fair yarding of breeding ewes all sorts meeting with good inquiry at full market rates. Young and guaranteed Boundmouth sorts changed hands at from 14/6 to 20/4. Full and failing-mouths of good quality were disposed of at from 10/- to 16/6 the latter price being obtained for a line of 170 in good condition with good mouths. Others of medium quality were disposed of at from 5/9 to 8/10. A few pens of store wethers were offered, good forward sorts g o lo /’’ while oti:lere realised 15/3 to 16/7. Store lambs were in keen demand, good forward sorts realising 15/3 to 17/2 mediums 12/3, and culls 8/2 to 9/10 A number oi rams changed hands-one-shear up to 43/-, and aged sorts from 3/- to 15/The cattle market ia still lifeless. Fat cows made up to £5 10/-, cows coming to profit up to £3 10/-, and a bull 10/-. WINTON STOCK SALE. The fortnightly Bale took place on Thursday. There was a large entry of sheep and prices were on a par with laat sale „X ari J! rS ’ P°’°P : 160 6 “d 8-th ewes 2 ? 2 ttl 19 /"’ 68 f m - ewes L5/6, 170 at 18/6, 22 fat ewes 16/1, 37 f and f ewes 12/9, 20 at 7/6, 3 lambs 25/-, 93 at 20/4 22 fat lambs 24/10, 160 4,6, 8-th ewes 18/10, 111 ff ewes 12/3, 28 fat lambs 24/9, 3 at 28/6, 11 fat wethers 24/- 142 lambs 13/9, 24 fat ewes 16/8, 176 6 and 8-th ewes 20/6, 93 f f ewes 13/1. Cattle : Heifers £4, £2 15/-, 2 at £2 10/steers £2 15/-, cow £3, 3 steers £3 10/-’ heifer £3 17/6. ’ Six pigs 10/-. Rams 2gn. to 4Jgn. Wnght, Stephenson and Co. 36 wethers 25/-, 50 fat lambs 24/1, 14 f ewes 16/7 84 wether lambs 20/-, 15 fm ewes 13/-’ 9 ewes 10/-, 156 lambs 15/-, 70 lambs 20/4 57 f ewes 15/4, 5 f ewes 17/6, 133 lambs 8/-, 21 ewe lambs 17/-, 30 ewes 25/5, 22 lambs 17/-, 35 lambs 18/-, 11 at 9/9. Cattle : 3 steers £5, 1 cow £3, 5 steers £5, 2 dairy heifers £7, 2 at £8 5/-, 3 steers £2 5/-„ 2 cows £2 10/-, 2 calves £l, 2 steers £5 6/-, 2 at £6, 2 at £4 7/6, 3 at £2 2/6, 2 at £1 7/6, 1 at £1National Mortgage and Agency C 0.—13 fat lambs .32/-, 37 fat ewes 16/7, 18 do 10/9, 40 do. 15/-, 88 do. 17/-, 15 do. 17/1 13 f and f ewes 12/1, 139 do. 10/11, 92 7/6, 53 do. 12/6, 31 do. 11/-, 7 do. 12/53 do. 5/6, 28 lambs 17/4, 106 do. 14/7’ 47 do. 17/-, 53 do. 17/-, 99 do. 14/7, 28 do. 17/4, 100 do. 14/3, 95 do. 9/1, 49 do. 8/-, 76 4-th elves 24/4, 131 6 and 8-th ewes 23/-, 34 do. 18/-, 20 2-th ewes 23/3, 27 2 and 4-th wethers 20/-, 74 8-th ewes 20/6, 32 cull lambs 7/9, 150 m.s. lambs 14/3,327 2, 4 and 6-th ewes 20/-, 50 2, 4 and 6-th wethers 15/6, 105 s.m. ewes 16/3, 202 ewes 10/6. Rams : 3 at 2igns, 3 at 3gns, 2 at 2gns, 4 at 2gns. Cattle : 1 cow £ll 5/-, 2 heifers 1 10/-, 3 steers £3 5/-, 1 cow 15/-, 1 heifer £3 5/-, 1 cow £7 5/-, 2 heifers £3, 1 cow £7, 6 calves 10/-, 2 heifers £6, 7 steers £l, I calf 5/-, 8 heifers £1 15/-, 1 bull £1 10/-, 6 steers £1 11/-. LONDON MEAT MARKET. Masers Dalgety & Co., Ltd., report having received the following advice from their Head Office, London, under date May 4: Quotation N.Z. prime crossbred lamb: Canterbury heavy lid, light njd; North toatoMss Ar J

N.Z. lamb runs principally oh first qualities. Quotation N.Z. prime crossbred mutton: Canterbury heavy 7id, light Bid; North Island heavy Gjd, light 7Jd; demand for N.Z. mutton, steady. Quotation N.Z. prime ox beef: Hinds 4d; fores 2|d; demand for N.Z. beef poor. Market for N.Z. lamb and mutton firm; market for N.Z. beef dull. Quotation good average quality crossbred lambs: Australian heavy 9d, light 10£d; mutton, Australian heavy 6sd, light Gid; demand for Australian lamb and mutton fair. There is an easier feeling for spot price for both mutton and lamb, consequently buyers show little or no disposition to operate for forward, delivery. THE PRICE OF TOBACCO. The Levin Chronicle states that New Zealand merchants have advised retailers throughout the Dominion that the price of tobacco and cigarettes has been advanced, tobacco by 2d per Ib, and cigarettes by 9d per 1000. This is in addition to a rise previously notified, whiqh at the time represented a rise of 4d per lb on tobacco, and 1/3 per 1000 cigarettes. This last rise is accompanied by the shortening of terms, which practically means cash terms. The Wellington Dominion states that the facts are not clearly stated in the paragraph. Hitherto merchants have charged the duty on tobacco and cigarettes apart from the actual cost of those articles, and merchants have been standing out of the duty to the extent of hundreds of pounds sterling, a costly matter with money at 7 per cent. Retailers are now charged the price of the tobacco or the cigarettes plus the duty, and they are allowed a discount of 3f per cent if the account is paid within a specified date, while previously they were allowed only 21 per cent. When worked out it will be found that there is practically no increase in prices. Merchants state that they make a very restricted profit on tobacco and cigarettes, and at present they cannot afford to stand out of the duty for any length of time nor run the risk of bad debts. TEA TRADE. JAVA OUSTING CEYLON. Animation is wanting in the New Zealand tea market, both retailers and the public going slow for some time past. From the Ceylon market it is reported that quality has been adversely affected by climatic conditions, and has considerably declined since the beginning of January and onwards. Good “flavoury” teas, with character, are reported to be difficult to procure. Common teas show an easier tendency in price. All teas imported by New Zealand carry a duty of 3d per pound if from British territory, and 5d if grown elsewhere ; even with this latter duty on them Java teas are making their influence felt in this market. In Australia they are rapidly displacing Ceylon’s. New Zealand imported six million pounds of tea for 1921, and its normal requirements are nine millions. Of the six millions, 250,000 were Java teas. In Australia, where there is no duty on tea, imports of Java for 1921 were 22 million pounds, as against 12 millions for 1918 ; and Ceylon’s contribution was 19,500,00 pounds for 1921, as against 35,500,00 pounds for 1918. The importers of Australia would include teas for the New Zealand market. The Java tea trade with Australia is making big strides—while there is no duty, preferential or otherwise. The 5d duty in New Zealand is likely to check any such growth in this countiy. CANTERBURY MARKETS. CHRISTCHURCH, May 5. The week has been a remarkably dull one as far as volume of turnover is concerned. Business in some lines is dead, and not much, more than that is moving in others. The easing tendency in oats has if anything continued, although there is no quotable change. To 2/8 for A’s and 2/5$ rof B’s is about the top figure. Most seed lines are quiet. Merchants’ estimates of cowgrass values vary widely. Good lines are worth to farmers 1/- per lb. A sale of machine-dressed on a baas of 125/- to 135/- per cwt is reported, but it was last year’s and would not have the bloom of the new season’s stuff. The barley market is still dull and confident in the plenteousness of supplies. The usual channel of consumption is showing a difference in the matter of purchases. Some merchants quote 2/6 to 3/- as malting values, but within the past week a few small sales at over the latter figure have been made. With the fine weather since Easter potatoes are coming in rapidly, and the tone of the market is scarcely so confident as it was a week ago. Present values at wayside stations are from £3 5/- to £3 7/6. The onion crop is of much sounder quality this year, and northern inquiry continues. Values have improved to £5 10/- at country stations. Linseed growers are showing no desire to offer at the current quotations, which have strengthened slightly and are now £l2 to £l2 10/- per ton. At the average New Zealand yield of half a ton to the acre this means the low gross return of £6 per acre.

THE MONEY MARKET. (By Telegraph—Press Assn.—Copyright.) (Australian and N.Z. Cable Association.) WNDON, May 4. (Received May 5, 9.30 p.m.) The short loan rate is 2$ per cent.; three months’ bills 2| per cent. Consols, 58f. War loans, 94$ and 99. Commonwealth ss’s 101$, ss’s 100$ ex. Victorian 3’s 71$. New South Wales 4’s 90$, 3’s 79, 3s’s 78§, ss’s 101$, 6s’s 108$ and 108$. Queensland 3’s 67. New Zealand 3s’s 82. Tasmanian 3s’s 80, 3’s 73. P. & O. shares £320 to £330. ALBURY WOOL SALES. SYDNEY", May 5. The wool sales at. Albury were the most successful ever held locally. The bulk was bought, on Yorkshire account. Four thousand bales were offered, and prices were on a par with other centres. Topmaking sorts were dearer. AUSTRALIAN MARKETS. MELBOURNE, May 5. Barley, English, 4/-; Cape, 2/11. Oats, 3/4 to 3/6. Potatoes, £4 5/- to £4 15/Onions, £4 15/- to £5. MELBOURNE HIDE SALES. MELBOURNE, May 5. (Received May 5, 7.30 p.m.) The hides market is irregular. Good conditioned lines with substance are unchanged, and mediums, heavy kips, and faulties declined a halfpenny. DR. SHELDON’S GIN PILLS. BANISH KIDNEY TROUBLE AND TONE UP THE SYSTEM. If you are feeling out of sorts, depressed, or nervous, and suffer now and then from backache, headache, or rheumatism, take notice. Don’t let this run-down feeling continue a day longer than necessary, as these are the symptoms of kidney trouble, and must be treated at once. What you need to eet you right and make life a pleasure again, is Dr. Sheldon’s Gin Pills ; they cleanse the blood and remove all impurities from the system, regulate the kidneys, and tone up the nerves. Good health is natural to the human body, and with the help of this valuable remedy you can soon recover it and feel well and happy once again I Udyti 1