COMMERCIAL

Southland Times, Issue 22771, 23 December 1935, Page 2

COMMERCIAL

THE RIALTO. William Todd and Co., Ltd., report as follows for week ending Saturday, December 21. — Poultry: Christmas market extra heavy entry (2000 head) of turkeys, geese, ducks and fowls. Light hens 1/4 to 1/9, heavy breeds 2/2 to 3/2, Muscovy ducks 4/6 to 6/-, Indian Runner ducks 1/4 to 2/2, geese 3/- to 4/1, tur- ; key gobblers 10/- to 13/3, turkey hens 4/6 to 6/-. Pigs: Suckers 7/6 to 10/-, weaners 11/- to 18/-, stores £1 to £1 11/6, porkers £1 13/- to £1 16/-, sows and litters £3 12/ to £6, sows £1 10/-. Produce: New potatoes 2d to 3d lb, onions 25/-, chaff £5 15/- to £6, straw £4 10/-, oats 16/- to 18/-, wheat 21/-. barley 17/-, oatdust 5/-, pollard 8/6, bran 7/-, Meat Meal 11/-, Moose Meal 16/-, Moose Nuts 15/-, Boneflour 14/-, oyster shell grit 6/- cwt. Vegetables: Green peas 3d lb, cabbage 1/- dozen, lettuce 1/-, turnips 1/6, carrots 2/6, gooseberries lid lb, rhubarb lid lb. Miscellaneous: Barb wire 27/6, No. 8 galvanized 19/6, fowl netting 13/6. rabbit netting 22/-, wheelbarrows 27/6, sashes 10/-, pickling barrels 10/-, timber 10/- to 14/- 100, tanks 47/6, honey 101 b tins 4/6, 601 b tins 4ld lb, Ceylon tea 51b boxes 12/6. Grass Seeds: White Clover lOd to 1/6, Timothy 1/2, Dogstail 1/- to 1/4, Cocksfoot Ud to 1/5, Cowgrass 1/2, Perennial 3/6 to 4/6 bushel, mixtures 3d to 4d lb. MARKET REPORTS. The South Island Dairy Association report having received the following advice from the New Zealand Producers’ Co-operative Marketing Association under date December 21:— “Butter steady. New Zealand 87/-, 89/-; Danish 128/-. Cheese, firm. White 54/-, 55/6, coloured 58/-, 60/-.” The following cable has just been received by A. S. Paterson and Co., Ltd., from their London principals, Messrs J. & J. Lonsdale and Co. (London), Ltd., dated 19th instant: — “Butter: The market is quieter after the Christinas demand is over. New Zealand 88/6, 89/-; Australian 88/-, 89/-; Danish 107/-. “Cheese: The market is steady. White 55/-, coloured 60/-, 61/-.” DAIRY PRODUCE. MINIMUM PRICES FIXED. (Per United Press Association.) Wellington, December 21. The Dairy Board has fixed the minimum prices on the basis of 102 d and sad, the equivalent in butter of 87/2, and of cheese of 47/9, c.i.f.e. GILLESPIE’S BEACH. (Per United Press Association.) Dunedin, December 21. The Gillespie’s Beach return was 31 ounces for 119 hours. TENDERS FOR TREASURY BILLS. (British Official Wireless.) (Rec. 5.5 p.m.) Rugby, December 20. The total amount applied for in tenders for £45,000,000 in Treasury ■bills was £70,820,000. The average rate for the bills at three months was 15/8.70 per cent, against 14/6.02 per cent, a week ago. THE SILVER MARKET. CONDITIONS STILL DISORGANIZED. (British Official Wireless.) (Rec. 5.5 p.m.) Rugby, December 20. Conditions in the silver market, which is still disorganized, were' much the same as yesterday. There were heavy offerings and the United States Treasury declined to buy more than 9 per cent, of the total; the market therefore was weak, the price for bar being 7-16 d lower at 213 d, while for two months forward the quotation was lt was officially stated that the market would be closed every Saturday until further notice. METAL QUOTATIONS. (United Press Assn.—Telegraph Copyright.) Rec. 6.30 p.m.) London, December 20. Metals are quoted as follows:— Dec. 19. Dec. 20.

RAW MATERIALS. (United Press Assn.—Telegraph Copyright.) (Rec. 6.30 p.m.) London, December 21. Friday’s closing prices for raw materials, with those for the previous week given in parentheses, are:— Cotton.—Spot, 6.38 d a lb. (6.50 d January delivery, 6.19 d (6.33 d Rubber. —Para, 63d a lb (6}d); plantation smoked, 6 3-8 d (6.5-16 d Jute. —December-January delivery, £2O 1/3 a ton (£2O 15/-). Copra.—January- February relivery, South Sea, £l3 7/6 a ton (£l3 5/-); smoked, £l2 10/- (£l2 7/6); plantation Rabaul, £l4 10/- (£l4 7/6). Linseed 0i1.—£29 a ton (£2B). Turpentine.—44/6 a cwt. (44/6). CHICAGO WHEAT. (United Press Assn.—Telegraph Copyright.) (Rec. 6.30 p.m.) New York, December 21. Chicago wheat is quoted as follows:— December 103, May 992, July 90&, New York (cash) 132 cents a bushel. THE PRICE OF GOLD. (United Press Assn.—Telegraph Copyright.) London, December 20. The price of gold is £7 1/14 per oz.

FROZEN MEAT PRICES. (United Press Assn.—Telegraph Copyright.) (Rec. 6.30 p.m.) London, December 21. Frozen meat quotations are as follows, with prices for the previous week

RABBIT MARKET. (United Press Assn.—Telegraph Copyright.) (Rec. 6.30 p.m.) London, December 21. Quotations for rabbits are: First, large, ex store, 21/- to 22/-. Supplies are short.

£ s d £ s d Copper— Standard, spot 34 6 101 34 11 10J Forward 34 15 7J 35 10 0 Electrolytic 38 10 0 39 0 0 to 39 0 0 39 10 0 Wire bars 39 0 0 39 10 0 Lead— Spot 16 11 3 16 11 3 Forward 16 11 3 16 11 3 Spelter— Spot 14 15 0 14 17 6 Forward 14 17 6 14 18 9 TinSpot 220 0 0 218 12 6 Forward 210 0 0 209 2 6 Silver— Fine, per oz. 22 3-16d 21jd Standard, per oz. 23 15-16d 231d

also shown: — lecember 7 d. 14. d. N.Z. Sheep— Canterbury and North Island selected crossbred wethers and maiden ewes: Under 481b 5 2 5J 57-641b 4£ 5 65-721b 44 4s Ewes: Under 481b 3 34 48-641b 2Z 3 65-721b 2g 2.3 North Island: 48-561b 5 51 57-641b 41 5 65-721b 44 4f Australian Sheep— First quality crossbred and/or Merino wethers: 50-601b 3| 34 30-501b 2 8 3 Second quality wethers: 30-501b 30 3 8 Ewes: 30-501b 31 30 Argentine Sheep— First quality crossbred wethers: 48-641b 4J 41 65-721b 3131 Patagonian Sheep— Wethers and/or maiden ewes: Under 501b — —— 50-601b 31 33 Ewes: 40-501b — — Argentine Lambs— First quality: 361b and under 7 7 37-421b 61 61 Second quality: Average about 281b 61 61 Patagonian Lambs— First quality: 361b and under —« -— 37-421b — — Second quality: Average about 30lb — — N.Z. Lambs— Canterbury, first quality: 361b and under — — 37-421b —- 43-501b —•A — Second quality: Average about 311b Other South Island— 361b and under — — 37-421b — 43-501b — —— ■Selected North Island, including Downs: 361b and under — $2 37-421b — 84 43-501b — — Second quality: Average about 321b — 73 Other North Island, First quality: 361b and under — 81 37-421b — 81 Second quality: Average about 311b — — Australian Lambs— Victorian first quality: 361b and under 71 74 37-421b — Second quality: 361b and under 61 61 Other States, first quality: 361b and under 71 63 All States, third quality: Average about 261b 61 61 N.Z. Frozen BeefOx fores (145-210Ib) 21 21 Ox hinds (145-2101b) 31 33 Australian Frozen BeefOx hinds (145-2101b) 2! 23 Ox crops (145-2101b) 2g 24 Argentine Chilled Beef— Ox fores (145-2101b) 21 23 Ox hinds (145-2101b 51 5i N.Z. Pigs— First quality: 60-801b 7 71 81-1001b 63 63 Australian Pigs— First quality: 60-801b 7 7 81-1001b 6§ 63 101-1201b 6 6 New Zealand Chilled Beef— Ox hinds 43 41 Ox fores 21 20 Australian Chilled BeefOx hinds 4B 44 Ox crops 2g 21 Union of S. Africa Chilled Beef Ox hinds 5 51 Ox fores (142-210Ib) 23 2g Uruguayan Chilled BeefOx hinds (145-2101b) 5 51 Ox fores (145-2101b) 23 2i Brazilian Chilled BeefOx hinds — Southern Rhodesian Chilled Beef— Ox hinds (145-2101b 4g 43 Ox fores (145-2101b) 2g 2J