COMMERCIAL

Southland Times, Issue 23794, 17 April 1939, Page 4

COMMERCIAL

FREEZING SCHEDULE PRICES REMAIN UNCHANGED No change has been made in the Southland freezing schedule for this week. The prices, with those ruling at the corresponding date last year, are as follows:—

RAGGED MARKETS IN LONDON

LONDON, April 14.

Mr Chamberlain’s speech has not restored any immediate confidence in the markets which closed raggedly. Giltedgeds were marked down farther and foreign, bonds are weak. Home industrials are generally lower. Business, which is under the double stimulus of easy credit and rearmament, is still- on the up grade. Steel production for March is within a fraction of the record of autumn 1937. The iron output is moving swiftly ahead and the weekly rail traffics show substantial gains compared with last year. Naval activity has prevented any substantial fall in shipbuilding employment.

FOREIGN EXCHANGES

(British Official Wireless) (Received April 16, 6.30 p.m.) RUGBY, April 15.

MINING MATAKI JUNCTION (United Press Association) MURCHISON, April 16. The Mataki Junction Return for the week ended April 13 was 320 z of smelted gold for 104 hours worked and 13,000 yards treated. THE METAL MARKET (Received April 15, 6.30 p.m.) LONDON, April 14. Metal quotations are as follows:— April 13 April 14

THE RIALTO

William Todd and Co., Ltd., The Rialto, report as follows for the week ended Saturday, April 15:— Pigs.—There was a fair entry with an improved demand. Weaners, large good sorts, 18/- to 20/6; medium, 15/to 17/-; small, 11/- to 14/-; stores, 30/- to 32/-; small, 18/6 to 26/-. Poultry.—W.L. hens, 1/- to 1/3; heavy hens, 1/6 to 1/8; table cockerels, 2/1 to 2/7; W.L. pullets, good, 8/- to 10/3; others, 2/8 to 5/8; Black Minorcas, 9/3 to 9/6; B.M. cockerels, 5/-; ducks, 1/9 to 2/10; geese, 3/-; turkey hens, 5/3. Bacon pigs.—Bacon weights, 1201 b to 1501 b, 6Jd per lb delivered to factory. Produce.—Table potatoes, freshly dug, King Edwards, £8 to £9; whites, £8; onions, 18/6 per cental; oats, 10/6 to 14/-; wneat, 23/-; ryecorn, 7/6 a bushel; pollard, 9/-; bran, 7/-; meat meal 11/-; bonefiour 14/-. oatdust, 5/3; rock salt, 8/6; Farra food, 16/6; Moose meal 20/-, Moose nuts 17/6; lucerne meal, 13/6; oyster shell grit, 6/-; oyster shell lime, 2/-; burnt lime, 4/6; carbonate lime, 2/6; K.P. super, 6/6; Cross Keys blood and bones, 9/6. Miscellaneous.—Barbed wire, 30/- to 32/6; No. 8 galvanized, 25/-; fowl netting, 14/6; rabbit netting, 26/-; sheep netting, 26/-; pumice boilers, £8 5/-;

concrete washtubs, £2 15/-; concrete pig troughs, 20/-; sashes, 15/6; wheelbarrows, 30/-; tanks, £2 10/-; stakes, 40/-; droppers, 17/-; timber, 14/- to 17/- 100; fencing posts, £7 10/- to £8 10/- a 100; totara strainers, 10/- to 15/-; horse covers, 27/6; cow covers, 9/6; military saddles, £4 10/-; riding saddles. £7 10/-; children’s pony pads, £2 5/-; horse collars, 47/6; rabbit traps, Lane’s Ace 18/6, “Downee” 22/6 a dozen; Ceylon tea, s’s 13/6, 40’s at 2/3 per lb. Vegetables.—Cabbage, 2/- to 3/3; cauliflowers, 3/- to 5/-; lettuce, 3/dozen; carrots, parsnips, beetroot, to 2d lb; marrows lid to 2d lb.

LAMBS 1939 1938 361b and under 7 7g 371b to 421b 65 71 431b to 501b 61 7 511b and over 61 65 Seconds— 361b and under 61 71 371b and over 61 65 WETHERS 481b and under 41 51 491b to 561b 35 5 571b to 641b 31 45 651b to 721b 3 41 731b to 801b 25 4 811b and over 25 31 Seconds 31 45 EWES 481b and under 21 31 491b to 561b 2 3 571b to 641b 15 21 651b to 721b H 21 731b to 801b H 21 811b and over is Seconds 11 21

Par. April 13 April 15 Paris, fr. to £1 179.60 176 49-64 176 47-64 New York, dol. to £1 4.866 4.68 1-16 4.68 1-16 Montreal, doL to £1 4.866 4.70% 4.70 13-16 Brussels, belgas to £1 35 27.82 27.85% Geneva, fr. to £1 25.2215 20.87% 27.87% Amsterdam, fl. to £1 12.107 8.81% 8.81% Milan, lire to £1 92.00 89 89 Berlin, reichmarken to £1 20.43 11.68% 11.71 Copenhagen, kr. to £1 18.159 22.40 22.40 Stockholm, kr. to £1 18.159 19.42 19.42 Oslo, kr. to £1 18.159 19.90 19.90 Vienna, schgs. to £1 34.585 Prague, kr. to £1 164.25 Helsingfors, / marks to £1 193.23 226% 226% Madrid, pesetas to £1 25.2215 Lisbon, escudos to £1 110 110% 110% Athens, drach to £1 . 375, s 547% 547% Bucharest, lei to £1 818.60 660 660 Belgrade, dinars 376.3 209 209 Rio de Janeiro, pence to milreis 5.899 3 1-16 3 1-16 Buenos Aires, pence to dol. 11.45 20.17% 20.17% Montevideo, pence to peso 51 18% 18% Bombay, pence to rupee 18 17 15-16 17 15-16 Shanghai, pence to yen * —. — Hong Kong, pence to yen * 14% 14% Yokohama, pence to yen 24.58 14 14 Batavia, guilders 12.107 8.81 8.81 Warsaw, par zlotys, to £1 43.38 .24.81 24.81 ♦Determined by price of silver.

. A ton. A ton. £ s d £ s d Copper— Standard, spot 42 2 6 41 18 l’/ 2 Forward 42 8 l’/ 2 42 5 7>/ 2 Electrolytic 48 0 0 47 10 0 to 48 15 0 48 10 0 Wire bars 48 15 0 48 10 0 Lead— Spot 14 1 io>/ 2 14 3 1% Forward 14 9 4>/a 14 9 4>/ 2 SpelterSpot 13 6 10 >/ 2 13 8 9 Forward 13 11 ioy 2 13 13 iy 2 TinSpot 215 7 6 216 7 6 Forward 213 10 0 214 1 3 SilverFine, per oz Standard, per oz 20d 21 9-16d 20d 21 9-16d