Commercial OTAGO PRODUCE MARKETS

Southland Times, Issue 25548, 16 December 1944, Page 3

Commercial OTAGO PRODUCE MARKETS

STRONG INQUIRY FOR FOWL WHEAT (P.A.) DUNEDIN, December 15. There is a strong inquiry for good lines of fowl wheat, which are in short supply, but as deliveries of all grades of wheat are practically finished for the season there is little likelihood of any easing of the position. Oats are also inquired for, but the market is bare of supplies and merchants are experiencing difficulty in securing even small quantities for the local trade. Chaff supplies are equal to the and there is no alteration in values, which remain at up to £7/10/- a ton. There has been a complete clearance of stocks of old potatoes this year and there will be no carry over in either table or seed lines. The continued wet weather is interfering with the digging of new potatoes and consequently there is a dearth of supplies. The interest of merchants is at present centred in the prospects for the new crop rather than in dealing in last season’s lines. For the year just ending there will be practically no carryover in either grass or clover seeds. There is no alteration in values to record, what small demand there is being at the rates that have ruled over recent months. The continuance of the wet conditions of the past few weeks is holding back the growth of all cereal crops, which at this critical stage need heat and sunshine. There is every appearance now of a backward season and a late harvest. CHRISTMAS POULTRY SALE Full Entry Of Table Fowls Ducks, geese and poultry were in short supply and high prices were obtained at the first sale of Christmas poultry held at the Rialto yesterday. There was a full entry of table fowls and competition for all lines was keen. Following is a range of prices:—Light table fowls, 3/3 to • 4/6; heavy, from 5/6 to 7/6; Indian Runner ducks, from 5/- to 7/3; Muscoveys, from 7/6 to 12/9; prime heavy geese, from 9/- to 10/9; lightweights, from 7/6 to 9/-. A prime heavy turkey gobbler and a light gobbler were forward, the former realizing £2/8/6 and the latter £l/7/-. Turkey hens sold at 10/6. GEAR MEAT - COMPANY (P.A.) WELLINGTON, December 14. The Gear Meat Company’s directors have decided to recommend to the shareholders at the annual meeting in January a dividend of 9d, plus a bonus of 3d a share, less an interim dividend of 6d a share paid in June last. DALGETY AND COMPANY (P.A.) WELLINGTON, December 15. Dalgety and Company have declared a final dividend of 3/6 a share, less United Kingdom tax, payable on December 30. STOCK EXCHANGES DUNEDIN—SaIes reported: Inscribed Stock 3 p.c. December 1953-56, £99; Elecho Lime (pref.). £2/17/6; Wool Bonds 1948, £l/0/2; N.Z. Guarantee Corporation, 4/1; Westport Coal, £l/8/6. CHRISTCHURCH—Bruce Woollens (ord.), £l/13/-; Christchurch Gas (fully paid), £1 (6/- (2). Sales reported: 3 p.c. Stock December 1953-56 (ex interest), £97/5/- (2); N.Z). Refrigerating (£1 paid:. £l/8/11: Westport Coal, £l/8/6: Claude Neon (N.Z.), £l/13/-; Fletcher Holdings, £l/5/6 (2) (ord.); N.Z. Farmers’ Co-op. (A pref.), £3/11/-; Grey River. 11/8. WELLINGTON—SaIes late Thursday: 3'/i

p.c. Stock 1957-60, £lOO/15/-; Fletcher Holdings. £l/5/6; Farmers’ Trading, £l/5/11; J. J. Niven. £1; National Electric, £l/10/-. Sales yesterday: Wool Bonds 1948, £l/0/2; 3'A p.c. Stock 1957-60, £lOO/15/-; 4 p.c. Stock 1952-55, £lO4/5/-; Kauri Timber, £l/7/-; Broken Hill Proprietary, £2/4/6; Fletcher Holdings, £l/5/6. AUCKLAND—3rd Liberty Loan 1947-49 2‘/c p.c. (ex interest), £96/5/-; do., 1953-56 3 p.c. (ex interest), £97/10/-; Abraham and Williams (perpetual stock) 3V2 p.c., £88; Bank of New Zealand, £2/4/9; Bank of New South Wales, £34 (odd lot); Traders’ Finance (cont.), 6/4; Parker Lamb, 3/9; Felt and Textiles, £2/14/-; Broken Hill Proprietary, £2/4/6 (2); Colonial Sugar, £56/10/-; Farmers’ Trading, £l/5/11; K.D.V. Boxes, 11/9 (2); Hume Pipe, £l/0/9; J. J. Niven, £1; Wilson’s Cement, 18/3; Woolworths (Sydney), £l/1/2; Martha, 9/1; Mt Morgan, 6/8; Wellington Alluvials, 3/3. SALE OF PROPERTIES An auction sale of properties in the estate of the late Mr W. S. Todd was held yesterday in the Rialto. There was a large attendance of buyers and keen interest was displayed. For a property of 100 acres freehold and 192 acres leasehold, containing a five-roomed dwelling and outbuildings, £1725 was obtained. The bidding began at £BOO. An 18-acre property at Makarewa realized £6OO, the bidding starting at £lOO. A property comprising two building sections at Ward Parade, Bluff, was not sold.