COMMERCIAL

Southland Times, Issue 20663, 19 April 1929, Page 2

COMMERCIAL

Times Office, Friday morning.

FINANCE AND TRADE.

LOCAL MARKETS

Fruit and Vegetables.

Heavy supplies of apples reached the fruit marts during the week, mainly parcels of Jonathons and Delicious, and both lines met with a steady demand. Only a few Cox’s Orange Pippin came to hand, but the samples were in splendid order and realized record prices. So far there have not been many Cox’s Orange about. The market could certainly absorb full supplies. Pears are plentiful, consequently prices are low. Consignments of tomatoes are still arriving, but the quality is considerably varied. Good samples are meeting with a solid inquiry, but those affected by frost are difficult to dispose of. Full supplies of Californian oranges and lemons arrived during the week, both lines meeting a very good demand. There are a few cucumbers still coming in, also Cape gooseberries and satisfactory values are ruling in each case. The market is bare of bananas and the position will not be relieved until about the 25th, when a parcel of Fijis is due. The vegetable market is well supplied with pumpkins and marrows. Cabbages, cauliflowers, carrots and parsnips are meeting with a normal demand only. Current prices are approximately as follows:—Apples, dessert, 8/6 to 15/-, according to variety; cookers 5/- to 7/- per 401 b case; pears, 14d to 2Jd per lb; tomatoes, lid to 4d; Californian lemons to 50/- per case; oranges, 50/-; grapes, to 1/5 per lb; Cape gooseberries, 8/- to 10/- per box; pumpkins to 14/- cwt; marrows 14/- cwt; table carrots, to 8/- cwt; carrots for poisoning to 6/6 cwt; cabbages 1/- to 2/6 per dozen; cauliflowers 2/- to 7/-; cucumbers to 2/6 per box; parsnips, IMb; beetroot, lid to 2d lb.

Current Prices. —Wholesale. — Eggs, 2/-. Bacon, 1/1. Pollard, £9 5/-. Butter, factory 1/61; separator 1/2. Bran, £7 15/-. Flour, £l7 5/- to £l9. Oatmeal, £2B to £3O. —Retail. — Eggs, 2/4. Bacon. 1/4 to 1/5. Pollard, 12/- per 100. Butter, 1/8, 1/9, 1/10; separator 1/5. Bran, 9/6 to 10/- per 100. Flour, 25's 5/9 to 6/3; 50's 10/6 to 12/3; 100’s 20/6 to 22/9; 200’s 40/- to 41/6. Oatmeal, 25’s 8/6 to 9/6; 50’s 16/6 to 17/8. Cheese, 1/1; matured 1/3 to 1/4. Onions, 101 b 1/-. Potatoes, 81b 1/-; 281 b 2/6; 8/6 per cwt. IThe above list of prices is compiled from a range of values obtained from the various merchants in the town. Where prices do not actually coincide a range is quoted.] Market Report. The Waipiata with sugar and general cargo is now due at Bluff on Saturday. The Huntingdon is due at Bluff on Wednesday or Thursday next with salt and general merchandise from west of England ports. The recent frosts in California have damaged the fruit crops to a far greater extent than was anticipated. Latest cables state that all canned fruit prices have been withdrawn temporarily. This in itself is sufficient to show that the canners are uncertain of their position, and when they arc able to quote, prices will be considerably higher.- ' Australia will be able to take advantage of her unfortunate rival’s position and secure good prices for her crop. Buyers should make their forward bookings without delay. Pepper is again active. Prices have advanced a further $d per lb during the last fortnight. Nelson advises that new season’s canned raspberries are now available and are of exceptional quality. BALFOUR STOCK SALE. A FIRM MARKET. There was a fair entry of sheep at yesterday’s stock sale at Balfour, and while the attendance was small, there was a keen demand for most classes of sheep, the presence of one or two outside buyers helping to effect a good clearance. Keen interest was taken in the sale of stud ewes offered by Messrs Wright, Stephenson and Co. Ltd. on account, of Mr W. McDonald, of Balfour. The line of 2, 4 and 6-th ewes met with good competition, and were eventually purchased by Mr Fowler, Wendon, at 3Jgns. The failing-mouthed ewes realized l:<gns, and were purchased by Mr L. Healey, McNab, some fairly good lines of ewe lambs were on offer and brought from 24/10 to 26/-, with medium sorts from 23/- to 24/2. Lines of guaranteed sound-mouthed ewes brought from 26/10 to 28/4, while a line of good 2,4, 6 and 8-th ewes including a fair percentage of young sheep realized 35/6. Forward wether lambs brought round about 22/-, with well-conditioned sorts up to 25/-. There was very little inquiry for store wether lambs as few farmers appear anxious to carry them over the winter months. Sales were: — Wright, Stephenson and Co., Ltd.: 40 ewe lambs at 24/2; 117 do. at 24/11; 104 m.s. lambs at 20/6; 321 forward wether lambs at 22/2; 200 guaranteed s.m. ewes passed at 25/9; 200 forward wether lambs at 23/9; 90 2,4, 6 and 8-th ewes at 28/4; 86 f.m. ewes at 16/8; 29 2, 4 and 6-th stud ewes at 3Jgns, 39 f.m. stud ewes at li'gns, 36 f. and f.m. ewes at 22/6; 90 small ni.s. lambs at 16/-; 69 s. and f.m. ewes at 26/10; 60 cull ewe lambs passed at 17/3; 700 ewe lambs passed at 23/-; 600 store wether lambs passed at 17/6; 120 do. passed at. 15/6; 80 f.m. ewes at 15/-; 62 2,4, 6 and 8-th ewes at 35/6; 130 guaranteed s.m. ewes at. 28/1; 300 f.m. ewes passed at 15/3; 200 ewe lambs at 26/-; 166 cull ewes at 11/6; 32 do. at 6/-; 100 forward wether lambs at 25/-; 1 2-shear Romney ram at 71gns; 1 4-shear do. at sJgns; 3 1-shear do. at s?gns; 3 do. at 4gns; 1 3-shear do. at 34gns; 1 do. at 3]gns; f.m. rams from 10/- to 2gns. National Mortgage and Agency Co., Ltd,: 150 ewe lambs at 24/10; 115 wether lambs at 22/-; 106 f. and f.m. ewes passed at 19/-. EASTERN DISTRICT FAT STOCK. THE BURNSIDE MARKET. Vendors of Eastern District fat stock at the Burnside market on Wednesday realized the following prices:— Fat Cattle: W. Nelson (Clinton), bullocks £2O, £l7 12/6, £l4 5/-; cows £ll 10/-, £8 10/-.

Store Cattle: J. Black (Mataura), cows £l2 5/-, £10; J. Cleghorn (Kelso), cow £9 4/-; O. Duff (Kelso), steers £8 11/-, bull £8 10/-, cow £4 8/-; D. Keir (Kelso), £5; T. Landels “Graham Lodge,” Mataura, cows £7 15/-, £5 12/-, £6 9/-, £9 18/-, £6, £5 15/-; R. J. Reid (Pomahaka), cow £5 17/-, heifer £5 12/-, vealers £4’lo/-, £4, £3 3/-, £2 10/-, heifers £3 1/-. Fat Sheep: G. Hunter (Tokanui), wethers 45/3, 40/-, 38/3, 35/-, 30/6, ewes 30/-; P. A. Botting (Edendale), wethers 40/-, 35/-, ewes 35/3; G. Stuart (Tapanui), wethers 38/3, 38/-, 35/6, 33/9; Botting Bros. (Edendale South), ewes 32/9, 24/3; T. Landels (Mataura)., ewes . 30/-, 23/-, 20/-; Todd Bros. (Heriot), wethers 37/9, 34/9; T. H. Edwards (Tapanui), 28/9, 24/6, 21/3; J. Edgar (Tapanui), wethers 33/-; A. T. Ottrey (Heriot), wethers 32/-;

Wilden Station (Heriot), ewes 24/9; D. and L. Stalker (Kelso), wethers 32/-, 28/9. Fat Lambs: P. A. Botting (Edendale), 32/-; Miss E. Edgar (Tapanui) 34/-; T. H. Edwards (Tapanui), 32/6 and 32/-. DAIRY PRODUCE. The New Zealand Loan and Mercantile Agency Company have received the following cablegram from their London house under date, April 17: — Butter: New Zealand choicest salted 162/- to 164/- per cwt. Cheese: White 88/- to 89/- per cwt, coloured 89/- to 90/- per cwt. Markets slow. LONDON TALLOW SALES. Messrs Dalgety and Company, Limited, report having received the following advice from their head office, London, under date of the 17th instant: — At the tallow sales this week 1045 casks were offered, and 554 sold. Mixed and/or beef of good colour 1/- lower, inferior 9d lower. Fine mutton neglected, nominally 6d lower. AUSTRALIAN MARKETS. (United Press Assn.—By Tclcgrapli—Copyrisht.) Sydney, April IS. New Zealand hams and bacons arc selling readily on the Sydney market at 17d per pound, with a particularly, good inquiry for them. New Zealand onions arc ■ fetching £l3 10/- per ton.—Australian Press Association. (Rec. 8.5 p.m.) Sydney, April 18. Wheat: At country stations 4/-; ex trucks, Sydney 4/7. Flour: 11/-. Pollard: £7. Bran: £6 5/-. Potatoes: Tasmanian £l5, £18; Victorian £l6. Onions: Victorian £l2; New Zealand £l3 10/-. Oats: Algerian 3/9; white 4/6. Adelaide, April IS. Wheat: Growers’ lots 4/81. Flour: £lO 12/6. Bran: £6. Pollard: £6 7/6. Oats: 2/10. THE SHAREMARKET. YESTERDAY’S TRANSACTIONS. (Per United Press Association.) Auckland, April IS. Sales on 'Change: Inscribed Stock (1933) 51 per cent. £101; National Bank of Australasia (cont.) £9 12/6; Bank of New Zealand 62/-; New Zealand and River Plate 32/9, 33/-; Pukemiro Collieries 65/-; Renown Collieries 17/3; Taupiri Coal 26/6; Auckland Gas 23/3; Milne and Choyce (debenture stock) 26/-; New Zealand Refrigerating (cont,), 7/3; Sanford (pref.) 20/3; Ohinemuri Gold and Silver 8/5; Waihi 13/11. Wellington, April 18. . Sales reported: English, Scottish and Australian Bank £lB 17/- (3 parcels) ; Wellington Meat Export (2 parcels) 12/6; .Bank of Australasia £l4 15/6; Staples and Co. 45/9. Christchurch, April IS. Sales on 'Change: Australian Bank of Commerce 36/-; Commercial Bank of Australia 30/1 (5 parcels); Staples Brewery 45/6; Dunlop Rubber (cum div.) 28/9; Henry Jones Co-op. 36/-; Mahakipawa 1/1. Sales reported: Commercial Bank of Australia 30/- (2 parcels) ; Staples Brewery 45/9; National Bank of Australasia (£5 paid) £9 12/6; New Zealand Refrigerating (10/- paid) 7/3; 41 per cent. Inscribed (1938) £lOO. Dunedin, April 18. Sales reported: Bank of Australasia £l4 15/-; New Zealand Breweries ('shares) 62/6; New Zealand Farmers’ Fertilizers 21/6.