COMMERCE AND MINING

New Zealand Times, Volume XLVI, Issue 10610, 8 June 1920, Page 10

COMMERCE AND MINING

WELLINGTON STOCK. EXCHANGE. YESTERDAY’S QUOTATIOXS,

Q DOTATIONS ELSEWIIERU. FEU rEESS ASSOCIATION. ATI Civ LA XD,.J uno 7. - Salt? reported ;—.New Zealand lletrigora* L ° r> CHRISTCHURCH. Juno 7. Sales:—New Zealand Refrigerating, A 1 and (.paid), Ad Ss. DUNEDIN. June i.. Sales on -'Change;— Mew Zealand Refrigerating (cent.), -25 s Sid (2); Mew Zealand Hardware lord.}. 10s Cd. . FEUIT AND VEGETABLES o WELLINGTON MARKETS. As is usual at this stage of the season, supplies of Now. Zealand fruits are now coming forwaid m only small quantities. So lar as apples aro concerned,- Uio low prices which have -recently . boon rulin'* have had the eiieet; of reMiiccmg consignments, and values in consequence have undergone an advance, especially for choice dessert varieties. Regular .consignments of pmos, man 1 darins, and leprous are now c-oming torward weekly from Sydney, and choice fruits arriving in satisfactory condition meet with a good demand. Moderate supplies of tomatoes aro stu being marketed by, Hull growers and realising high prices for tnis time or the year. Apples, choice dessert Ss 6d to 10s case, prime 6s to 7s 6d, cookers 4s to is 6d; pears, choice dessert 9s to 10s 6d, primo 7s to 8s 6d, stewing 5s 6tl to os }d case; quinces, choice 8s to 9s 6d ca.se, rood Cs 6d to 7s' 6d; tomatoes, choice 12s fo 15s. good 7s to 11s 6d, medium and inferior 4s to 6a 6d half-case; passions Auckland-grown, choice 8s to 9s 3d half-case, good 6s 6d to 7s 6d; .Capo gooseberries, 7s to 8s half-case; grapes, choice largo 3s to 3s 9d per lb, prune 2s to 2s 3d; walnuts.- Is 2d to Is 6d lb; chestnuts, 4Jd H>; lemons, -Messina 25s t 3 27s 6d half-case, Californian 46s to 4Ss case. N.S.W, 13s to 21s; bananas, 17s to 19s case; mandarins, 20s to 2os mse; rhubarb, 7s to Ids dozen bundles POTATOES AND ONIONS.

The market for potatoes continues noli owing to the .heavy supplies which are offer! eg from tho south, and ns yet values show no prospect of hardening. The market continues fairly well sup. plied with onions, and values for this fine show littlo or no alteration, _ 80. tivtoes, prime sound XS 5s to -£3 15s per toa good XT His to XT 15s i onions, choice Canterbury XI 2 Ids to £l3 lospet ton, prime Xll 15s to J 313 ss. OTHER VEGETABLES. Supplies of vegetables offering in the local auctions ai'e just now barely sufficient for the requirements of the market. and values for most lines show a tendency to advance. Cauliflowers in particularly are meeting with an. exceptionally strong demand, and values oh taining for choica quality have still fur cher advanced. Cabbages, choke 9s to lie Cd Each, good 7s to 8» Cd, medium 5s to 6s Cd; cauliflower, choice 25s to 30b sack, prime 15s to 225, medium to good Ss to I2s Cd; beet, 4s Cd to 5s Cd sack; swedes, 4s to as 6d per full sack; turnips, 3s to 4a sack; parsnips, 6s to Ss sack; pumpkins, choice ironbark 7s to 8s 6d Back, good 5s Cd to Cs 9d; piemeloiis, 7s to 9s Cd sack; cucumbers, 6s to fis 6cl bushel; carrots. 5s to 7“ sack; lettuce, choice 8s to Ss Gd ca,ae, good Ga Cd*to 7s Cd; spinach 5s Cd to 6s 6d case; leeks. Is bundle; celory. Is 3d to Is 8d bundlo. EGG 3. In fair demand. Moderate supplies are offering, and the market is without alteration. Best fresh are worth Ss 5d to 3s S-.l per dozen, preserved 2s Cd to 2s Bd. POULTRY. Supplies available continue short of requirements, and all choice lines reaching the market mce-t with keen competition at the hands of buyers. Yowls, choice roosters ts to 10s Gd pair, hens 6s toTsCd; ducks, largo white 10s to 12s 6d pair, runners 8s to 9s; geese. 12s to 16s pair; turkeys. Is 3d to Is 8d lb. DROP IN' WOOL PRICES. A GLOOMY ~OUTLOOK. A probable cause of the fall in prices suggested to the "New 'Zealand Herald" was that the North of Prance and Belgium. which in. normal limes consumed a lot of wool, were at present only working hajf-tin?;-. .Then, again, Uer. many wa.s not a competitor for wool a* the London sale---. tlhc finer wools hail been rushed, but a great proportion ot New Zealand wool was on the course side, and this class ax>pearod to have been neglected. Questioned as to the effect of the reduced price l ?, -a prominent wool broker said:—"ft looks as if we are going to have a ‘bad spin/ Last season's clip is Blili iu store, and .in about four months' time die new (dip will be coming in. Future prospects for the moment do not look at all bright. "Wo arc going to be hard pushed. People are asking for ad. vice. but this is a matter that will simply have to find its own level." THE TALLOW MARKET. Booth and Oh, Christchurch, report-. Under date of Juno 2nd, our London house reports that at fhu tallow sales, held on that day. the demand was slack Prices receded from Is to 3s, They quote:—Edible mutton, 87 k 6d; edible beef, J»k; good mutton, 81s Cd; good beef, t’-ls Cd; good colour, feb:; no colour, 78s Cd; gut, 76s Cd. Our New York house advise, under date June 2nd, that thy American market is quiet and weaker, city special selling at 12 cents oor lb.- , VEST KALIAN ZINZ EOR BELGIUM. Considerable interest has been aroused In England nt the nows of the contract recently concluded between the ilelgian end British Governments by wliicb Belgium will receive from Australia 311),060 tons of row 'o be (letivered within a maximum period cl two years.

CLEARING SALES. N.Z. Loan and Mercantile Agency CoLtd., report:—During the week we have held clearing sales on account of Mr George Glendinning. Kangiotu, and Mr A. Knight, Vogel street, Palmerston North. At Mr Olendinning's sale the af tendance was poor. The cows were of good quality but prices made were a bit below value. Wo quote;—Best cows .12.'. goon cows .21-1 10s to JS22, aged and backward culvers A'9 10s to Xl2. At Mr Knight's sale bidding was dub and prices realised were not up to expectation Good cows X 22 ids to £23 IDs. fair cows Xlc 10s to JU2I IDs. laic unci aged cows X 8 to XU 10s. THE BUTTER-MILK RATIO. Among dairy farmers there is often n misconception of the proportion of butter to milk. It may be some assistance to know that it is proved by actual experience that lib of butter “is produced from the following quantities of milk, containing various percentages of Imt-ter-fat; 3gallons of milk, . containing 3 per cent, of butter-fat; 21 gallons containing 3.5 per cent, butfor-fut; 2" gallons containing i per cent, butler-fat; and 2 gallons, containing 5 per cent, butter-fat., WHOLESALE PRODUCE PRICES. Laerr and Co., X.td.. Allen street, report wholesale prices as follow •—Feed barley, 9s 3d -bushel, sacks in; oats, seed Algerians, 6s r ßd per bushel; oils. A grade Gallons, Cs 0d per bushel, I! grade Gartens Gs Sd per bushel; chaff, oaten sheaf, good bright. Xl3 12s Cd ton. sacks in, Xl2 12s Cd sacks returned free on trucks or f.o.b. Wellington; farro food. All 15s per ton; Hour, in sacks,- £l9 5s . per Ion; oatmeal, 25's, .536 to -BSD per ton; hay clover. CIO 10s per ton; lucerne, ,CII ‘lOs per Ion; potatoes, table Canterbury). J:S Ids per ton. sacks included; onions, fluiterbery. e.hoice 13s per ewt; fowls, bens Gs Cd to 0s pair, choice young rooslers 7s to lls pair; ducks. Runners. Os to Ids Gd pair, while ducks Kb. Cd Io IDs pairgeese. 15s pair: turkeys. 1. 0d to Is 7d nor lb. dead weight: butter, farmer* - separator. milled or dairy, in hulk or lb pals Is 5d to Is SLI lb; eggs, fresh miles 2s bd to 3s Od dog., preserved 2s 8(1 to 2 s '>■ i pep do/.; dressed pork, .-noire 70‘s to M’s 10Jd to ltd, 100’r to 110’s, tOd, chop-

Buyers, i; *. d. Sellers. J; e. d. .liir.Incr— 2 2 0 Grand Junction — 0 11 9 War Lruiss----0 0 p*.v. P.G. li-Jiuli* \10-U) 93 5 National Uank X.Z. ... — C 10 0 lilt. (,ol*d 21 0 0 i;k. N.1A. (newt I l.quiiablo Building ... i) ui 0 ■Vuiaham anti \\ iUkuiis 0 I'J ‘ Gaius drouth .Moi L D 0 0 X.ii. Jlner I’inte — 3 Wn. Invest T. and A. 0 10 8 u u \\ ii i rust and Loan <; ■ G — \Vn. Doit, ami kioi t ... i) 10 0 U'fliii.iUou tins 1-210) 19 !) u Wt-iiin-riou Ga-s 0 1U G — edit. Brit, insurance ... 9 12 G 0 5lamianl Insurance ... — O c \.Z. Kolr;i;craun^ 1 3 & — Gear Meat — - 2 Wn. Meat K-ipc« 0 P. and O. uloi'inrcHi; ILiuUliivt-l'ariicr kord.j — 495 u 0 iii 0 12 Kiia;xn Woollen (oid.) W aipa Coal Westport Coal 9 15 0 0 1 17 12 G V Wih-.ra s Cement r> Siiurlaud and Co 1 9 — W.l'.C.A. {.to) 0 5 0 Well inswn Cordage ... 1 1 0 6 Scouliar Co I’a conga Oils (5-i) Vi 0 9 9