BRITISH TRADE.

Press, Volume LX, Issue 18218, 31 October 1924, Page 10

BRITISH TRADE.

SLACKNESS IX MANUFACTURES. (Wi CABLX PSESS ASSOCIATTOK— COPYRIGHT) (ArSTEALIA.:; AND T.Z. CABLE ASSOCIATION PERTH. October 30. The cpir.ion that ttad? in British manufactures is very bad at present, was expressed bv Sir "vTiliiara Moßeath, one of the Australian dcic-ates to the Leagv.r of J Nations Assembly. | Flo said '.'not his remarks applied p-r----tic.tl-i- to the iron, steel, i.r.d a'heci trades. In which Jhf-re was severe depression, many big corxf-ms being o!o=cd down. Th? reason for this was 'hat British manufacturers were enable to compete with Continental manufacturers. Sir Wlili.im ?ai<i thi! R trc.it niimoer of shinbuildin? crd.*:? v.vr'. ?o : ng to Holland, v.-ii.~3e o irt..; ion.' w*re ru:i:\i -.-low trios; or the Bvi'ish v.>rd>. . j T-V.\ if a.-,y. ■:? 'lie wrohen mills wre j ■.r;rir:n-,- rr:-j!.3 _ th'in four days a week. Par-: | ti:;:.* vas :.j?3 oneratlng in '.he cotton rui.iS. ; o'iit.e *he r-*vrae report was obtained from j oistribu-o-;, who '.v>re enjoying a origli' period ;'o- -\c feasor "bat the husre influx c:""r.-e'i"VJ -r'-:'.'-;'..-. ' v England was catab- • iishlmj it me-.-iiij.- which was } a big"" demand v. :=-t<it:r-s' stocks. j I AUCKLAND MARKETS. j i ,s; E.'.UL li'j ''THE P?.ESS.") .\ VC K t.A;n O, October ."0. The hi id.-.are oi.ir.iie-s during the past week li:;s sti.iV.n ;. deckle:! improvement witti a, ~ood demand from both Lowii and country distr.cts for all chases n-' heavy and light hardware. ' Prospect,., seem -.cry bright lor n good f.-tni aea-i;'!!, and enquiries are a-1- I rer.dy coj.e.r./ in fur prcservn.j jars. ] At the ti.'iu -f wining the market is e;:trem->;v b.«re of old pclalo;s, and indications point to higher prices miing short.y. The Karori arrived from the v.-it it sorr.o pnUti.':.-, bai the quantity was not la-ixe. Latest reports from PuKekohe are ■'rial Use earlier planted areas of potatoes have. sntibreci b-idly from blight. This means that th? demand for southern potatoes will cvitiiiuo :or r. i ■ trio lime loiter. It is now too late to import potatoes f.'f-m Ausii.iiia.. htid the last shipment was no',, ,v navabie one as ate lines required picking over. Australian repickeu are tin-ted at Up to ,ii" IPs i>. ion, southern whites to i'lo p.r ton and new from id to 'ijd per lb. Austral..in onions- are now d.ne, and auppiies ;>f Canadians have been shipped from Auckland to Sydney «t a. proa! to the ini-p.nt-.rs. This has left utoc.k; in _ Auckland v-o-v short, I'mthei- bis c; Canadian onions are" en board {.he M.iktna clue on Xoverjbev 10th and the Haundii to arrive about the er.:\ of the ntr.nth. ' Cunariii'.n are quoted at 2.is 6d per caco. 'ihe rua-rket for maize continues very ll:m, as for some time past only small quantities have been sent up troru the coast. Future values will depend up'-in im portaThe --.tisition of the m irkei for oats is unaltered" 4lis wo-;k. Xo further supplies have, came from abroad, and the market in C? uada. continues to advance. Merchants will probably tmn to Australia for Algerian iced to keep I lie 'market goiiifr ttaitl the next harvesi'.' As there is ample green feed ft the present vi.vne the demand for oats has fallen off considerably. Canadian feed are quoted at Gs per bushel, Victorian Algerian feed at 5s and Algerian seed at 7s. The mariMt for chaff continues veiy firm. The Kuiwarra, which leeenfly sailed from Melbourne for Auckland, is not bringing any chaff from Tasmania, as the Kaikorai, which is now loading, is taking- on cargo fcr thia w>«. Victorian is ousted at .€ll per ton in s-wks, Tasmuiiian at fiO 10s in sacks, Victorian compressed at £0 ICs, and Blenhebn at £l3. Vfholoaale current prices are—Superfine quality creamery butter Is BJd per lb booked, prompt cash Ls "7gtl per lb, first gw.de factory booked Is 7jd per lb, cash ls 7d per lb, second grade Is 6;UI per U> booked, ls 6d per lb casrn! fai-mers' ssparator Is fid per lb, cheese Sd to 3xd per lb, bacon and hams 3stols Id per lb. bacon sides 10Jd to lid per lb. lard in bull,- lid to Is per lb, pats Is to Is Id per lb. flour £l7 5s per ton (less 2?, per cent, discount fcr 2001b sacks), sharps £f? per ton, bran £7 per ten, crumeal local (uj's'i 233 3s. ST'inherr £?"■ SOUTHLAND MARKETS. (special to "the peess.") TNVERCARGILL, October. 30. IFruit—Business has been fairly quiet in the fruit marts during the week, there beinga general shortage. Good quality Stunner apples are, selling readily and realising high prices. A few fines of pears arrived, ex cool store and s.dd readily. Current wholesale prices are—Apples, best Sturmers to 18s Gd per case, small and second grade 83 to Us, Adam's' Vcarniains to ISs 6d, Canadian 'to 255; pears, Winter Golea to Cd per lb, oranges fN'avals 30s per case, Valcncias 265, lemons 26a 6d. Oats—There is practically nothing doing esce.pt in ,thn retail seed business. Practically no stocks are held, and there is nothing being', offered by farmers. It seeme likely that *Jie- shortage will be feit more keenly beforfe the new oats come in. The rominal price to farmers is 5s 6d for A <*rade, and .5s 3d for B grade, sacks extra. ° Wheat—There is a- ahoTi su l J P l > r and all local stocks seem to be cleaned up, and it looks as if the market will have to depend on outside supplies. There- is nothing offering from farmers. Fowl wheat would command 7s per bushel, sacks extra. Chaff—There is very little offering, but merchants are holding stock and are able to cope with the demand. Prime lines are worth up to il7 5s at country stations, sacks supplied. , Ryegrass—There is not much cnrruiry except for local seed requirements. Una de-. mind is -ood and will probably account for the preafer part of the stocts held, which "poUtoes— The market is well supplied and merchants are. not inclined to make offers at present. The price to farmers is nominally £4 15s to £5. CALCUTTA TEA SALES. I (BY CABLB-PBES9 ASSOCIATION-COPTMGHT) ■ AUSTRALIAN AKD N.Z. CABLE ASSOCIATION.) CALCUTTA, October 23 At the tea sales the quality generally was poorer compared with the previous sale, and the demand was hardly so strong. The market was irregular and inclined to be easier, especially for common kinds andi stalky sorts. Well-made black leaf, orange pekoes and others showed an improvement, and were keenly competed for. Dusts were dearer and tannings easier. Average prices were: —Commonest leaf, 13 annas 3 pies to 13 annas 9 pies; broken icaf, 14 annas 4 pies to 15 annas; ordinary common pekoo and Souchong, 13 annas G pies to 14 annas; "lowest even-leaf pekoe, 15 annas 6 pies to 15 annas 9 pies. THE PROPERTY MARKET. Jones, McCrostie Company, Limited, eoid by public auction yesterday, on the premises No. 55 Tankervillc street, Spreydon, on behalf of the trustees in the estate of the late Herman Kilmers, the property comprising residence of 5 rooms with all usual outbuildings, together with 4 acres 9 perches of land to Mr H. E. Mehrtens, for £1650; the furniture and effects and implements selling at satisfactory u rices. There was a very large attendance of the public and bidding was spirited. INCREASE OF CAPITAL. (PEBSS ASSOCIATION TBLEGSAIt.) DUNEDI3, October 30. The directors of Kempthorno, Prosser's New Zealand Drug Co. resolved to-day to increase the capital of the company to £600,000 by the creation of 50,000 further shares of £2 each, and to issue to shareholders in proportion to their present holdings 60,000 shares at a premium of 10s per shave. OXFORD MARKET. Owing to ihe rain yesterdav, there was only a small attendance at* the Oxford market, and very little business was done. About 200 sheep and lambs, 9 head of cattle and 51 pigs wero yarded. A small peu of eleven fat wethers made 30s each 'H aged ewes and 29 lamb 3 sold at 20s ' all counted, and 42 ewes and 46 lambs at 2fl's 9d. The sales of cattle were: A cow at £3 10s two yearling steers at £-2 la each, two -rearling heifers at 29e. one at *2 ISs 6d,' and a dry cow at 35e. All the pigs were weavers, the prices for which ranged from oo a to 375.