COMMERCIAL

Southland Times, Issue 19277, 23 June 1924, Page 2

COMMERCIAL

THE RIALTO. William Todd and Co., Ltd., report the following sales at their weekly market on Saturday, June 21: — Poultry.—Small entry; keen demand. Hens, 2/1 to 2/9; roosters, 2/- to 3/-; purebreds, 3/9 to 10/-; ducks, 2/9 to 3/6; White Leghorn pullets, 4/- to 9/6; Muscovy ducks, 6/3; Silver Hamburgs, 8/9. Pigs.—Small weaners, 3/6 to 6/4; weanera, 7/6 to 13/6; medium steres, 14/- to £1 2/6; stores, £1 4/- to £1 15/-. Cows.—£s, £7 10/-; calves, 2/6 to 3/6. Horses.—Draughts, £lB 10/-, £22, £l2, £9 10/-, £lO. Horse, trap and harness, £l7 10/-. •Mdtor car, £5O! Ford passenger and delivery van, £7O. Produce.—Potatoes, prime quality £6 10/- to £7; others, 6/- to 9/- sack; onions (to arrive); chaff, £7 10/- to £8; clover hay, £6 10/-; oaten straw, £4 10/-; fowl wheat, 22/6; oats, 17/- to 28/6; Partridge peas, 21/- 2001 b sack; crushed barley, 15/-; crushed peas, 19/-; Australian pollard, 14/6; oat dust, 5/6; sorrell, 6/-; pasnips, 12/- cwt; carrots, 8/- cwt. Miscellaneous. —English barb wire, 31/cwt; No. 8 galvanised wire, 25/-; fowl netting (6ft), 32/-, (3ft) 16/-; rabbit netting, 27/-; horse-covers, 34/- to 38/6; cowcovers, 12/- to 19/-; mutton-birds, 9d. Meat meal, 2/9 and 4/6. New riding saddles, £4. Rabbit-traps, 30/- dozen; Ceylon Tea (in chests), 2/5 lb. BRAY BROS., LTD. Messrs Bray Bros., Ltd., report as follows :

Fruit.—Supplies are on the short side, • and values have risen. Apples, Delicious to 13/6, Jonathans, Scarlets, Sturmers, 7/6 to 11/6; Rome Beauty, Cleopatra, Dunn’s Favourite and Greenings, from 6/6 to 9/6 case, according to quality; cooking apples, 6/- to 8/- case. Pears—Supplies of “choice” quality are short of the demand and sell at from 4d to 5d lb, other quality 2Ad to 3ld lb. Oranges, American, 42/6 case. Lemons, Australian, 22/6 case. Pumpkins, l|d. Parsnips to Ijjd. Carrots, 8/6 cwt or Id lb. Swedes, 2/6 to 3/- sack. Onions, 17/6 cwt. Mutton-birds, 8d to 9d bird, according to quantity. Potatoes, £7 to £B. Seed Potatoes—We have a big demand, and want supplies of all varieties. Oats, 14/- to 20/-. Wheat, 20/- to 24/-. Oatdust, 5/-. Sorrel, 5/-. Germ dust, 2/6. Hay, prime clover £6 10/- ton, and threshed £4 10/-. Straw, £5. Chaff, £8 to £8 10/-. Cow chaff, £4 10/-. Molasses, 7/6 tin. Olearia and Escalonia trees, 3/6 bundle. Honey, prime clover, 101 b tins 6/6 and 7/-, 51b tnis 3/9. Horse-covers, 30/-’ to 37/6. Furniture.—There has been a brisk demand for duchesse chests, bedsteads and bedding. We now have a new shipment of linoleum w’hich we are selling at cut rate prices which defy competition. Three special pianos; also an organ and jazz band instruments for sale. Inspect now. Property.—We have a fine gentleman’s residence in Northend of six large rooms, electric light, sewerage, latest art papers, large bathroom, concrete paths, large motorshed and toolhouse, with nicely laid out section of g-acre- Price—£l3oo. An ideal home. McKAY BROS. Messrs D. W. McKay, Ltd., Exchange Mart, Invercargill, report as follows: Bacon Pigs.—Market well supplied; prices easier. Consignors please note we do not accept pigs on Saturday. Produce.—Large quantities of straw and hay have come forward during the week, and the market is well supplied with chaff, oats and potatoes. Australian pollard ami bran is also available. Current approximate prices ruling are as follows: —Pressed straw, 3/- to 3/6; pressed hay, 3/- to 4/bale; chaff, prime to £8 per ton, indifferent quality £5 to £6 10/- per ton; oats, 16/to 25/6 per sack; prime wheat, 23/- to 25/-; oatdust, 5/6 bag; pollard, 16/6; bran, 11/6; Farro Food, 18/6; table potatoes approximately £7 per ton. Seed Potatoes—Early varieties wanted. We have on hand Up-to-Dates, Sutton Supreme, King Edwards, Early Rose at prices from £7 per ton. Mutton-birds, 9d. Special quotations for large quantities. Fruit.—Pears, dessert and cooking, apples, ditto, are in good supply, and a small shipment of oranges which arrived during the week were disposed of at satisfactory prices. The wholesale market is bare of bananas and lemons and oranges are arriving by the Moeraki. Current prices ruling:— Dessert pears to 4d, cookers 2Sd, dessert apples 9/- to 1-1/6, cookers 5/- to 8/6; oranges, 14/- to 25/-, Americans 42/-; lemons, Americans to 40/-; cabbages, 3/aozen; cauliflowers, 10/- to 12/6 per sack; carrots, tables 9/- cwt; parsnips, 11/- per cwt; swedes, 3/- sack; peanuts, 5Ad; walnuts, lOd. General.—Exchange Tea, 12/6 per 51b box, 2/2 in 501 b chests; rabbit-traps, 28/6 dozen. Furniture.—Bedroom suites, £7 10/-; dining-room suites, £l2 10/-, £l4 10/- to -2;; kapok beds from 45/-. Special quotations for complete furnishings. Linas, 7/6 to 8/6 per yard. F. BOWDEN & CO. F. Bowden and Co. report a busy week, fruit moving off more freely. Good supplies of apples have come forward, but a better demand exists and stocks are getting less. Good supplies of pears have come to hand, but inmost instances the fruit is hard, and only ripe fruit is wanted, ripe fruit is selling well. Rarotongan and Fiji bananas arrived during the week, the condition of the former was not too good and prices ruled low, the Fiji sold much belter realising payable prices for the consignors. Oranges are scarce, only a few American Valencias being available, a fresh shipment of navels are due, ex Moeraki. The first of the season’s marmalade arrived during the week and met with a good inquiry. Cabbage, cauliflower, parsnips, carrots and swedes are plentiful. Good stocks of table potatoes anti fowl wheat are on hand. Fresh supplies of Victorian onions are due ex Moeraki about Tuesday.

The week closed with prices ruling:— Apples, dessert Delicious 8/6 to 13/-, Jonathans and Cleos 8/- to 9/6, Scarlets 6/6 to 8/6, cookers 5/6 to 8/6 case; pears, dessert to lb, cookers 2d lb; oranges, American double cases 37/- to 42/-, Island 12/6 to 21/- case; bananas, Rarotongan 5/to 21/-, Fiji 27/- to 27/6; jam melons, lifd to 2d lb; grapes, 2d to-5d lb; lemons, S.A. 22/-; pines, 25/6; passion, 20/- to 23/6 case; tomatoes, 11 id lb. Vegetables, Produce, Etc.—Prime table potatoes, 7/- to 7/6 cwt; parsnips, l|d to 14d lb; carrots, Id to ljjd lb; beetroot, lAd lb; swedes, 2/6 bag; fowl wheat, prime 21/- to 22/6, inferior from 16/-; cabbage, 2/3 to 4/3 dozen; cauliflower, 2/6 to 5/3 dozen; lettuce, 1/4 dozen; red cabbage, Id lb; celery, 8d to 9d for bundle of 5 sticks. DUNEDIN MARKETS. PRODUCE REMAINS FIRM. DUNEDIN, June 21. The milling wheat market remains quiet. Millers are well stocked with United States and Australian-grown wheat. The fowl wheat market is firm. Although local prices are too high to permit of shipments to the North Island, there is good demand from local buyers. Good whole fowl wheat is worth 5/6, ex truck, Dunedin. There is, however, very little coming to hand, most farmers having evidently got rid of their stocks earlier in the season. North Island merchants are still securing supplies from Australia, most of the main ports receiving parcels at a landed cost of 6/- per bushel. These transactions are made through the Government, which fixes the prices. Dunedin millers’ prices are as follow: Flour, 2001 b, £l5 10/- per ton; 100’s, £l6 10/-; 50’s, £l7; 25’s, £l7 10/-. Bran, £6 per ton. Pollard, £7. Oatmeal: 25’s, £30■ 200’s, £29.

The shipping market for oats is easier this week, owing to forward sellers having been off the market during the past few

days, and also because there has been fair shipments of Canadian oate to the North Island ports. These oats are of first-class quality, and are available to northern mer-chants-on a basis of, roughly, 5/-, ex wharf, Auckland and Wellington. Odd lots are still making their appearance on the local market from Otago and Southland, but the demand is not strong except for really good heavy lines, suitable for seed. Millers are still open to take lots suitable for milling, but they have fairly heavy lines of Canadians coming forward. These overseas oats are due to arrive here next month at a price considerably under what is at present being paid for New Zealand-grown. New Zealand-grown B Gartons have been bought during the week at round about 5/7, f.0.b., s.i., through store and A’s at 5/9. These prices are equivalent to 4/10 and 5/- respectively, country sidings. The seed market generally is quiet, as is usually the case at this time of the year. The ryegrass market is steady with odd parcels changing hands to North Island merchants. Crested dogstail is being sold in small lots to the Home market, and further business can be secured for good quality seed on a basis that will allow merchants to operate at up to 8d per lb, on trucks, Gore. PRODUCE REPORT. The chaff market continues firm. Most of the supplies are still being drawn from the Taieri and Canterbury districts, and sufficient is coming forward to meet the demand. Latest reports from Canterbury state that supplies are now getting on the short side, and that the market is hardening. A little business has been done in Chewing’s fescue for export to America, but on the whole the market for this seed is not strong. The potato market remains firm. Good white tables are worth £7, ex store. The crop in North Otago this year was small, but the yields have been good from the Stirling and Taieri districts, where the areas planted were larger than those of last year. SOUTH CANTERBURY MARKETS. CURRENT QUOTATIONS. (Per United Press Association.) TIMARU, June 20. Milling wheat is not on the market now and millers are able to keep going on Australian supplies. Fowl wheat is in good demand at 5/7 f.o.b. Supplies are coming in from the country in small lots. Oats are hardly so dear as they were. The recent importations of Canadians are likely to take effect before long. Small quantities have been landed at Lyttelton ex the West Nilus, and more are expected at Lyttelton and Umaru, ex the Nardbo. The present value of Gartons is 5/- on trucks for good quality. Dun oats are wanted for seed, but very few are offering. Good bright chaff is worth £7 on trucks. The price offering has brought in large quantities and at present the market Is well supplied. Grass seed is firm at late rates, and there is a fair inquiry from the North. Values to growers are 5/6 to 6/6, according to quality and purity. Clovers are dull and slow of sale. The nominal value of cowgrass to growers is Bid to 9d for best samples. White clover is worth 1/-. Linseed eased a little during the week, £l6 10/- being the limit of merchants’ offerings at the moment. Potato-growers are not offering supplies at all freely. Quotations are £5 to £5 10/on trucks, for whites, sacks in, reds £4. STUD CATTLE. SALE OF “OAKVIEW” FRIESIANS. PALMERSTON NORTH, June 20. The first annual sale of Mr H. R. Green’s “Oakview” Friesians realised £3153, nineteen heifers averaging 100 guineas, 17 bulls (all from untested dams), 70 guineas, and five cows 48 guineas. There was keen competition. Top prices for heifers were:— Guineas. Rose Posch Three of Oakview—H. G. Tedcastle (Victoria) 400 Colantha Springtime of Oakview —H. G. Tedcastle 200 Jessie Monona Colantha of Oakview— G. A. Marchant and Son (Cardiff) 170 Minona Johanna of Eedhurst—• A. Morratt (Westport) 207 A bull, Echo Posch, of Oakview, was sold ior 350 guineas to H. G. Tedcastle. Purchases were made on behalf of John Brown (Newcastle, N.S.W.) and Crendley’s, Ltd. (Queensland). At the sale of pedigree Jerseys on behalf of Mr S. R. Lancaster (Palmerston North), a two-year-old heifer, Fox’s Best Sultana, fetched the highest price, 190 guineas. THE DAIRY INDUSTRY. QUALITY ESSENTIAL. In reviewing the conditions under which the dairy industry was carried on during the past year, Mr R. W. D. Robertson, New Zealand representative of Messrs A. Clements and Sons, London, speaking at a meeting of shareholders of the North Taranaki Dairy Company, said that the season had been a most difficult one. The markets from a merchant’s point of view had been exceedingly troublesome 1 owing to abnormal fluctuations in prices at Home, due directly to war conditions. The only way to overcome these fluctuations was to pursue the sound policy of selling at the prevailing market price. This practice had been followed by the directors of the North Taranaki Company with complete success, and though bedrock prices were interspersed with top prices the average had been better than would be obtained by gambling on the market. Apart from the question of market fluctuations, the quality of the produce was not pleasing the public at Home. Certainly part of the reason lay in the excessive heat of the summer, which had affected the cream. Cream which was two or three days old was neutralised with, soda and pasteurised, after which it was treated like fresh .cream. Home-separated cream had been the pride of the companies for a number of years, but conditions would have to be overhauled, especially during the hot seasons. Suppliers must keep up the quality of the cream they sent to the factories. FAT STOCK FOR EXPORT. MEAT BOARD’S PRICE-LIST. The New Zealand Meat Producers’ Board advises that the following prices were being offered, June 19, 1924: Poverty Bay.—Wethers, 64’bs and under 6|d; prime woolly lambs, 421bs and under, 9|d. Hawke’s Bay.—Wethers, 64Ibs and under 7d; ewes, 641bs and under, s!d; prime woolly lambs, 421bs and under 10 Id. Wellington.—Prime woolly lambs, 421bs and under IOJd. Cantedbury.—Wethers, 641bs and under 7jd; ewes, 641bs and under sfd; prime woolly lambs, 421bs and under 11 id, 431bs and over 10£d; second quality lambs, lOgd. FROZEN MEAT. SMITHFIELD PRICES. WELLINGTON, June 21. The New Zealand Meat Producers’ Board has received the following cable from its London office, dated June 20, 1924, advising Smithfield delivered prices at that date as follows: — New Zealand Wethers and Maidens.— Canterbury quality, selected brands, 561bs and under 7id per lb, 571bs to 6-llbs 7d, 65lbs to 721bs 6id; other brands, 561bs and under 7d; 571bs to 641bs 6fd, 651bs to 721bs 6id. New Zealand Ewes.—64lbs and under s{d. New Zealand Lambs—Canterbury quality, 361bs and under lid, 371bs to 421bs lid, 43Ibsi to 501bs lOd; seconds, 10|d; selected, 361bs and under 37ibs to 421bs lljd; other brands, first quality, 421bs and under 10|d, seconds lOd. New Zealand Beef—Ox fores 2 id, ox hinds 4id p cow forea 2id. cow hinds 4i<L

Argentine Chilled Beef—Ox fores 2d, ox hinds sd. Argentine Frozen Beef—Ox fores 2 id, ox hinds 4gd, Frozen Pork—Not quoted. LONDON MARKET VALUES. (By Telegraph—Press Assn.—Copyright) (Australian and N.Z. Cable Association.) LONDON, June 21. (Received June 22, 5.5 pan.) Lamb—New Zealand selecteds, light and medium lOd; Australian and Victorian firsts, 10£d, seconds It'd. Frozen Beef—Argentine fores 2Ad, hinds 4Jd; Uruguayan fores 21d, hinds 4|d. Ciiilled Beef—Argentine fores 2jd, hinds sd; Uruguayan fores Igd, hinds 44d. THE SHARE MARKET. SATURDAY’S TRANSACTIONS. DUNEDIN, June 21. Sales reported:—Bank of Australasia, £l3 6/-; Union Company (pref.), 20/-. AUCKLAND, June 22. Sales on ’Change:—Breweries Debentures, 22/-; New Zealand Insurance, 29/6.