COMMERCIAL.

Star (Christchurch), Issue 16738, 20 May 1922, Page 13

COMMERCIAL.

GAS PRICES REDUCED. By Telegraph—Preßs Association —Copyright j Australian and N.Z. Cable Association. ; (Received May 20, 11.45 a.m.) MELBOURNE. May 5.0. Vbe direcors of the Metropolitan Gas Company have reduced the price of gas from 6s’Bd to 6s 4d per 1000 cubic feet for lighting, and from 5s 2d to 4s lOd for power. HOWARD, SMITH. LTD. SEEK SANCTION TO REDUCE CAPITAL. By Telegraph—Press Association—Copyright Australian and N.Z. Cablo Association. (.Received May 20, 11.5 a.m.) MELBOURNE, May 20. Howard Smith. Ltd., are seeking sanction to reduce the capital of the company from £5,000.000 to £4,500,000 by paying jff f'o, , 'oo preference Bhares. LONDON MARKETS. Dalgety and Company, Ltd , have received the following cablegram from their London office, under date May 18: — F’rozen Lamb.—Demand runs principally on finest qualities. Market weaker. We uot-e prime cross-bred lamb: Canterbury, heavy ll>2d, light Hid; North Island, heavy 10Jd. light 103 d. Poor demand for Aus- ' ralian lamb, for which we quote g.a.q. cross-bred, heavy 9d. light 10jd. Frozen Mutton.—Demand is less. Market weak. We quote—Prime croHS-bred: Canterbury. heavy 7d, light Bid; North Island, heavy 63d. light Poor demand for Australian mutton, for which we quote g.a.q. f ross-bred. heavy 6Jd, light 6ifd.Froiseu Beef. —Demand is poor. Prices nominal. We quote—New Zealand prime ox beef, hinds 3fd, fores 25d. Butter.—Market rather steadier. We uuo*e- Danish 186 s. New Zealand salted 1745. Queensland 1645, finest Australian, salted and unsalted. 1645. The total imports of butter into the United Kingdom for the month ending April SO was 369.000 < wt. as compared with 271.000 cwt for the corresponding period of last year. Cheese.—Market quiet. We quote—New Zealand, coloured 84s. white 74e. PROPERTY SALE. Messrs Jones, M'Crostie Company, Ltd., report having sold by public auction this day. on account of Mr Williams, the property. situate corner Hereford Street and Fitzgerald Avenue, known as the Eastern Laundry, for £685 to a client. POULTRY MARKET. Messrs J. B. Merrett and Co. report a pxod entry of poultry to-day. There was a keen demand for all classes of prime birds, and bidding was brisk. Table chickens brought os fid to 14s 9d, hens 3s to Oh fid, clucks 4s fid to 12s 3d. pullets 5s fid ♦o 18s, geese 6s to 7s. turkeys 11b fid to 2 s 6d, all per pair. EGG MARKET. The listings for th,e week showed a slight increase, due to the production from young i took. Tire demand was good and the Canterbury Egg Circle pool this week was the highest for the South Island, being 2s lOd firsts, 2s 8d seconds, and 2s lOd ducks. Mr P. Cannon has been appointed managing director of United Motor Service, Ltd., Kaikoura. Sir Joseph Mnrd and Lady Word, who are visiting relatives in Christchurch, will leave to-night for thenhome at Henetaunga. I* is not so long ago that there was a weno-a! complaint of a shortage of t achei-. bit to-day the ease seems the oltier way. At the Teachers’ Conference (Wellington) Mr F. de Kerry (Wanganui) asked if the institute was aware that in Wellington, Auckland, and Canterbury districts young certificated teachers were walking the streets without employment, after having undergone training at the training colleges. Mr Kidson (Wellington) pointed out that everyone of these certificated trainees was entitled to employment if any positions wero held by uncertificated teachers. If trained teachers, out of employment, applied for positions he’d by uncertificated teachers, the uncertificated teacher would have to get out. The matter was jeferred to the executive for investigation.