COMMERCIAL NEWS.

Waikato Times, Volume 105, Issue 17611, 16 January 1929, Page 2

COMMERCIAL NEWS.

HAMILTON MARKETS. RISE IN BUTTER. Produce. The local markets report steady business has been transacted during the week. The wheat market still shows a slight improvement, and chaff is firm at late rates. Maize, grass and clover seed lines rule firm at late quotations. The demand for fertilisers continues steady, large quantities of every class of manure being booked. Fruit. Southern apricots are now being offered in large quantities, with a good demand and prices. Good dessert peaches arc also more plentiful, but dessert apples are in very short supply with high prices ruling. Good cooking apples are wanted and are realising up to 12/- per case. Common varieties of plums are plentiful with poor demand, but anything any good brings its price. Tomatoes, which have been very cheap, have hardened again with a good steady demand. ~ , Prices.—Apples, Red Astrach 10s to 12s, Gravenstein 7s to 12s, Willie Sharps 7s to 10s, Irish Peach 7s to 9s; apricots, 10s to 15s; peaches, 6s to 10s; tomatoes, firsts 4s to 6s, seconds 2s to 4s; oranges, 17s 6d to £~ ss; plums, 2s. to 10s. Vegetables. Vegetables are very plentiful just now with beans and peas particularly so. Potatoes are, if anything, a glut, prices dropping as low as 2s 6d and 3s a bag. Onions arc also very cheap. Rhubarb and cabbage are both hard t 0 Prices.—Potatoes, 2s 6d to 4s 6d bag; onions, 3s to 5s bag; beans, Id to 3d lb; peas, Is 6d peck; rhubarb, 2s doz.; marrow, 3s doz.; pumpkin, 17s bag; cucumbers, Is to 3s doz.; carrots, parsnips, beet, Is doz. Fish.

Schnapper, gurnard, red cod, hapuka, terekihi, blue cod, butterflsh, rock cod and hake are in good supply, report the local vendors. Flounder is very plentiful and the quotation has dropped 2d per lb. Dairy Produce. Eggs are very plentiful on the local markets, and there is a slight reduction in the wholesale price; retai price is Is 8d per doz. Butter prices have risen, and the quotations now aland at ll Sd, is 5d and Is 101 or third, second and high grade butter respectively. poultry. The local markets report a good varding of birds which sold at prices in advance of the previous weeks rates. Quotations: Cockerels 3s 2d to os; hens is 6d to 3s 6d; ducks and drakes is 6d to 2s Bd. AUSTRALIAN AND N.Z. BANK. REGISTERED IN SYDNEY. In the financial columns of a Sydney paper appears the announcement that the Australian and New Zealand Banking Corporation, Limited, has been registered with an office in Sydney. The nominal capital of the company is £5,000,000 in £i shares. and the concern is to carry on business in Australia and New Zealand. The subscribers are: H. L. Whittell, W. Archer, H. C. Baguie, K. W. Hamilton, F. J. Randell, Irene M. Kirkley, and C. Hayes. Auckland financial circles appear to be without knowledge of the new corporation. It was reported some weeks ago that there had been some canvassing for capital in Christchurch, and that one or two stockbrokers in Auckland had been approached by clients for further information, which the brokers were unable to give. Brokers who have been approached regard the matter as a mystery'. The absence of any definite data they term most puzzling, particularly in the case of a concern which intended to do business in the Dominion and in face of an earlier report from Australia that the head oflice was to be in Auckland. POULTRY REPORT. Messrs Fow Cobbe & Co., Ltd., report a good yarding of poultry for their mid-week sale and all were disposed of at prices in advance of last week. The following are the quotations: —Heavy cockerels made 4s 2d to ss; light, 3s 2d to 3s 9d; heavy hens, 2s 6*d to 3s 6d; light, 2s to 2s 6d; old hens, Is 6d to Is 9d; ducks and drakes, Is 6d to 2s Bd.