Commercial

Horowhenua Chronicle, 16 January 1917, Page 3

Commercial

N.Z. FARMERS CO-OPERATIVE j DISTRIBUTING COMPANY, | LIMITED. WEEKLY REPORT. j Wellington, Jan. 12. j Potatoes are notf conning in more freely and there is an excellent demand j and satisfactory priccs arc realised. Wheat is, stationary at recent 'rates and little ' business doing. Maize is slow of sale. Fair business is being done in oats and owing to improved demand prices show a little stronger tendency. Pollard and bran axe firm at recent rates. There is a good demand for drfessed pork and supplies are short. Eggs are scarce and show a slight advance in price. Poultry is an good demand and realising fair price*. Vegetables.--Choice samples of green peas and French beans iare in excellent demand and' on account of the small quantity offering high rates are ruling Choice cabbage is in good demand at satisfactory prices. Only a few |lines. of cauliflowers have been offered 'and this meets with .ready sale. Lettuce are realising fair prices. Parsnips, turnips aud carrots are enquired fcir and supplies meet -ready sale. Spring onions are solving welil and there is an excellet demand for beetroot. Fruit.—Large shipments of fruit are arriving daily and the demand is good for choice lines'. Plums however, are selling at low rates. Prices for raspberries and black currants show a distinct improvement. Nelson and local hothouse grown tomatoes are now coming freely and values are lower.. Prime New Potatoes.—£ls per ton. Medium £11 per ton. Cabbage'.—Choice 5s totis jmediurn 4s per sack. Carrots. —;B est 9s. Onions.—£l4 per ton. Turnips.—White, 5s per sack. French Beans.—2d per lb. Broad Beans 3d per lb. Nelson Green Peas.—ls per peck. 'Hutt Green Peas.—ls 4d per peck. Nelson Tomatoes. —10is to '12s. per i-case. Peaches.—2s 6d to ss. Red Currants.—7s to 8s per i-case. Black Currants.— 7s to 8s per half case. ' Nectarines.—os to 6s. Cherry Plums.—2s (id to 3s Gd per half case. Apricots.' 7s to 8s per half case. Plums Burbank, 3s to os. Eggs.—Fresh, Is 7d per dozen. LEVIN STOCK SALE.

Abraham and AVilliams report as follows :—Our opening sale of the year was lielcl at Levin on the 'Jtli inst. A good yarding of sheep, cabt'o and pigs came forward. For sheep competition -was good and practically all yarded were disposed of. Fat cattle were rather easier while stores were dull of sale. Fat pigs sold well, but stores were neglected. A truck of nine fat bullocks offered on account of Mr H. Honcre, Olinu, brought £20 3s 6d; light fat cows £10 to £11 8s; forward cows £9 10s to £9 13s Gd; fresh- conditioncd cows £8 2s Gd to £8 12s; store cows £5 15s to £7 16s; cows and calves £9 10s to £11 6s; daiirv cows and heifers £3 to. £10 '10s; 2-year heifers £4 to £6 ss; medium bulls £8 to £10 17s Cd; light bulls £6 cs to £7; mixed wean errs 295. Fat woolly 'hoggets 42s to 435; shorn fat wethers 34s Cd to 35s 3d; shorn fat ewes 32s 9d to 33s 6d; small fat lambs 225; 2 and 4-tootih wethers 30s 3d; porkers 40s to 535; small porkers 32e Gd to 39s ; wearier pigs 10s to lis. LONDON MARKETS. BANK OF NEW ZEALAND 1 PRODUCE CIRCULAR. From Mr.. O. H. Pyke, Levin manager for the Bank of New Zealand, we aire in receipt of the Bank «f Now Zealand's latest produce circular from London, dated lltli November. It runs: Wool.—The seventh series commenced here on the 24th ulfc., and terminated on the 10th inst., there being catalogued '100,958 bales. All but 8400 bales were sold. Some 6000 1 bales were taken for export. We have again to chronicle another highly satisfactory series of sales, the whole tone of the market being excellent, and the results—which were .rather better than generaly expected— clearly emphasize the soundness of the raw material. There- has seldom been a. better buying spirit, competition throughout being of the most animated description. The various sections of the Home tirade have, of course, again been the principal operators, and there has been a persistency about the bidding which showed that buyers have the utmost confidence in the future of values.

The commandeering of the Home woci clip has jevidentLy l not, after all, f been that disturbing factor in the trade which at one time looked likely. ; The consumption .of wool continues on § a colossal scale, and with very little ' prospect of a diminution in this re- ! spect it is hardly surprising, with the ! ■limited quantites -availiabb, that prices J are still in the ascendant. Then, i .again, the known scarcity of real'ly | good wools is not without its effect on i the market; the distant date of, the I arrival of the new clip a.lso being a I contributing factor. The labor ques- • t.ion in .the consuming centres, which j at one time presented serious difficul- \

ties, has been somewhat relieved bjyi 1

the infusion of feiiial.? labor on a rather more extensive scale than formerly, and a, solulion, even if only partial, of this very knotty problem, would undoubtedly be of veiy great assistance to manufacturers. Clearly the trade , could moit- be expected to operate very j extensively unless fair prospects were 1 ensured of moving their purchases ! iiito consumption within a reasonable, time.

I Merinos.—At the opening, prices ' ruled in sellers' favor, but as the ! sale progressed the market showed a ' hardening tendency. The scanty suppliers of merinos available have mot with a keen demand, especially as regards combing grades, whether greasy or scoured, and at the close these were ■ 10 to 15 pea- cent, dearer than at the ' close of the last series. Short and j faulty sorts also improved from the commencement, but the rise on them ! does not amount, to more than 5 to j < ! i Per cent. Earlier in the year the ; trade held the opinion that merino values had about reached their maximum, but apparently there is no end to the rise in merino combing wools, and the prices paid at these sales show unmistakably thee value' of good combing stock. I Crossbreds.— Naturally at this period j of the season, offerings of good greasy I fleece have been very limited, but on I the whole the offerings have been won- j derfully good, all descriptions meet- ■ mg with a strong and insistent de- ' ntand throughout. The opening showed an all round advance of 5 per cent., but considerable improvement was manifested during the second week, and at the close prices were I 10 to 15 per cent, in excess of these j cuiient in September. There seemed ; to be a stronger demand for iine cross, i bred than for any other class, both scoured and greasy, New Zealand wools realising up to 2s 3J-d pea- lb. for an excellent lot of greasy A half- ' bred. * |

Greasy Crossbred Ltunbs were rather ' irregular in tho early part of the ' sale, but hardened ,towards tho close ! to 5 per cent, in advance of the pre- j vions sales" closing rate. , j Slipes and Sroureds comprised the I bulk of the offerings, there being an | excellent selection of all the well- ! know n brands of the former class. ! 3he prices ruling for slipes cannot j but hill to give complete satisfaction, j especially in view of the general expectaticiis farouring a slight -reaction on account of the large quantities araal- | able. Prices of these wools, are, of j course, domiated by the demand' for i khaki, so that the present appreciation j in values is not altogether surprising ! when tho extraordinary consumption i is taken account. The opening show- ' (Continued on Page 1.) j BMParMlF ll '' Till 1 — 111 Bin i 5