COMMERCIAL.

Southland Times, Issue 18842, 7 June 1920, Page 2

COMMERCIAL.

THE LOCAL MARKETS. Times Office, Saturday. GENERAL MERCHANDISE. Jeys’ fluid (large) has advanced 1/-. Sago and tapioca are now quoted at 50/-. Supplies of salt to hand are—Rock 13/ Imperial coarse 12/-, Liverpool fine 13/-. Colman’s mustard is down to l’s 45/-, A’s 22/6, and i’s 11/6. Morton’s olive oil is again on the market and is quoted at—lOoz 36/-, soz 21/-. CURRENT PRICES. The following are current prices quoted by a retailer;— —Wholesale. — Eggs, 3/-. Bacon, 1/7. Butter—Farm 1/3, separator 1/4, factory l/6i. Pollard, £lO per ton. Bran, £8 per ton. Flour, £l7 10/- to £2O 10/-. Oatmeal, £3l 10/- to £35. Potatoes, £7 to £8 10/- per ton. —Retail.— ,' Eggs, 3/6. Bacon, 1/10. Butter —Farm 1/4, separator 1/6, factory 1/8 net cash. 1/84 booked, Pollard, 12/- per 100. Flour—2s’s 5/9, 50’s 11/-, 100’s 21/6, 200’s 39/-. Oatmeal—2s’s 9/3, 50’s IS/-. Potatoes—lo/- to 11/- per cwt. Kerosene—l 2/3 and 24/-. FRUIT AND VEGETABLES.

Splendid supplies of apples and pears have come forward during the week and last week’s prices are fully maintained. A shipment of Fiji bananas, ex the Monowai, arrived on Friday badly damaged by sea water. A shipment of Australian fruits, consisting of pine-apples, passions, oranges and pie-melons, is due by the Tarawera at Bluff on Monday. Island oranges should arrive in about 10 days’ time. Following are the approximate wholesale prices:—Apples, Delicious 12/- to 15/- per case, Jonathans 9/- to 12/-, Esopus 7/- to 8/6, Scarlets 5/C to 8/-, cookers 6/- to 8/-; pears. Winter Nelis 2Ad to 3d, Coles 2d to 2id, other desserts l|d to 2d, cookers 0/to 7/6; lemons, Sydney re-packs, 20/-; bananas, in bad order, 5/- to 22/-. The supplies of vegetables are considerably short of the demand. Prices rule: Cabbages 6/- to 8/- per dozen, cauliflowers 9/to 14/-, carrots and parsnips 9/-, vegetable marrows 10/- per cwt. FISH. The rough weather during the week has been detrimental to the fish supply. A few flounders have, however, been on offer. With fine weather during the next few days it is expected that the under-water produce will come forward to the market freely. HARDWARE. Since last week there are no variations to note in this market, but the shortage of cement is causing a considerable amount of trouble in the building trade. It is reported that the Board of Trade commandeered onethird of the output of the Milburn Cement Co. for the Christchurch market. This fact will make the shortage more acute locally than it has been. It is reported from the north that a suggestion has been made that the duty be taken off imported cement, but this would afford no real relief as the price of the imported article is at present too high to be considered. THE RIALTO. Messrs William Todd and Co., Ltd., report the following sales on Saturday, June s ; Poultry.—Hens, 1/10 to 3/5; pullets, 7/3 to 11/-; pullets, on account Bluff Poultry Farm, realised 13/- each for Silver Wyandottes, 15/6 to 20/6 for White Leghorns; ducks, 2/6 to 5/6; roosters, 1/10 to 3/2. Pigs.-—Heavy entry; prices easier. Suckers, £1 to £1 13/-; weanera, £1 16/- to £2 6/-. Stores, £2 14/- to £4 5/-. Sow, £9 2/6. Calves, 8/-; heifer, £9 10/-; pony, £7 15/-. Produce.—Potatoes, £8 ton (bags in) ; oats, £1 2/- to £1 S/- (bags in) ; onions, 12/- cwt; horse,covers, £2 5/- to £2 15/-; cow-covers, £1 1/- (lined). Tea (in chests) 2/9 to 2/10 lb; tea in 51b packets, 14/-; mutton-birds, EXCHANGE MART. Messrs McKay Bros, report as follows: Poultry—Bowls, 1/6 to 3/-; P.B. W.L. cockerels, 5/- to 12/-. Bacon Pigs.—Market somewhat easier; supplies fairly plentitul, but wc can still I lake any number of pigs and invite enquiries. Produce—Potatoes, £7 10/- to £8; onions, 11/- cwt; pollard, 18/6; prime chaff, ( £8 10/-, s.e.; barley meal, 17/6; oat dust, ‘ 5/6; pressed straw, 5/0 bale. Seed Potatoes -—A few lines of early seed potatoes are coming on the market and we invite enquiries from growers and buyers. Fruit. —During the week we have had consignments of bananas, Island oranges and lemons. Unfortunately the bananas suffered considerably from salt water damage and arrived m bad order. Next week we are expecting a consignment of oranges; also pie melons and Nelson apples. The market continues fairly well supplied with apples from Canterbury and Central Otago and same applies to pears. Values ruling for apples and pears are similar to last week. Bananas (green) 6/- to 24/-, lemons (double cases) 60/-, peanuts IOAd.

General. —Cow and horse-covers have been in good demand and our stocks are getting very low. We recommend buyers to secure their requirements, and draw attention to our prices—horse-covers, 47/6; cow-covers, 21/-. Tea. —Our clients will be pleased to know that we have just landed direct from Colombo a shipment of our well-known Exchange Tea, and this can now be had from us at 16/- per 51b box. Furniture. —Good business generally. Wire mattresses will again he procurable very shortly. In the department we have for sale first-class upright piano and American organ. These we strongly recommend for inspection. BRAY BROS.’ REPORT. Messrs Bray Bros,, Ltd., report as follows for week ending June 5 :—A steady demand exists for all classes of produce. Potatoes have been arriving in large quantities during the week, but prime quality meet with a ready sale at market rates. We have received a small consignment of fowl wheat. Oats for fowl feed are in demand, and we have some nice samples in store. We have received fresh stocks of onions. The week closed with prices ruling as follow; — Potatoes. —£7 10/- to £8 for prime quality. Onions—l 2/6 cwt. Wheat—33/- per sack. Oats —5/6 to 5/9 per bushel. Chaff—Discoloured, £6; prime to £S o/per ton. Oaten Straw —£5 10/- per ton. Meggitt’s Linseed Meal—2s/- per bag. Oatdust—s/- per bag. Bran—lo/- per bag. Wheat Pollard—l2/- per 1001b bag. Poultry Hens, 1/10 to 2/-; roosters, 1/6 to 2/- each. Fruit —Apples (dessert) 24d to 34d per lb, (cooking) 2d to 2}d per lb. Pears, 2jd to 4d per lb. Lemons, 24/- case. Quinces, 3d lb. Peaches (small consignment), 24d to 3d lb. Vegetables—Cabbage 8/-, swedes 2/- to 3/- bag, carrots 4/- bag, parsnips to 2d per lb. Lepp Salt Lick—2/3 per brick, wholesale 2/-. Cow Covers—Lined 21/6, unlined £1 each. Horse Covers—Best American duck £2 16/- to £3.

Sundries—Boots, 35/-. Honey, in 101b tins, 10/-. Tea in 51b packets, 13/6. Furniture, —Our Furniture Department in Spey street have received a shipment of linoleums and carpets of the latest patterns. We also have received a splendid selctibn of new and up-to-date seagrass chairs. Your inspection invited. F. BOWDEN & CO.’S REPORT. F. Bowden and Co. report heavy supplies of fruit still coming forward. We have on hand over 600 cases. Bananas showed signs of decay and although the market was bare buyers were not very keen owing to quality and condition. Australian fruits have been delayed, but pines, mandarins, oranges and passion fruit should be to hand by Tuesday. The week closed with prices ruling;— Apples, Delicious 4}d lb, prime Jonathans 3d, Munroe’s Favourite 2sd, Cornish Aromatic 2Jd, green cookers 24d lb, smaller cheaper. Pears, good 24d, others cheaper; cookers, IJd lb. Lemons, S.A. 26/- case; bananas, green 16/- to 24/- case; Passion fruit, 8/6 to 10/- half-case. Vegetables, Etc.—Marrows, 12/6 to 14/6 cwt; potatoes, 8/- to 8/6 cwt; red cabbage, 10/6 cwt; onions, 11/-; currant trees, 4/dozen; rhubarb roots, 5/- dozen. CLEARING SALE. Messrs J. G. Ward <fe Co. report having held a successful clearing sale on Wednesday, June 2, at Limehills, of Mr D. W. McKenzie’s live stock and implements. It was a fine day and there was a large attendance of buyers, bidding being spirited throughout. The horses were all well got up, and in excellent condition, as also were the sheep and cattle. The implements were in first-class order, and arranged to advantage as also were the sundries, and everything was disposed of at satisfactory prices. Following is a list of some of the prices obtained:— Horses.—Geldings £54 10/-, £52, £4B, £43, £42, £36 10/-, £33 10/-, £2B; harness mare, £10; hack mare, £8 10/-; mare and foal, £6. Sheep—Stud ewes, 31/6; wethers, 32/6; ewes at 29/-, 26/6, 20/-; lambs, 21/-, 17/-. locks, £9; cows and heifers at £6 11/-. Dairy Cows—At £l6 15/-, £l4, £l3 5/-, 2 heifers at £4 12/6. Implements, Etc.—Drill £45, swamp plough £46, double-furrow plough £2l, disc plough £ls 10/-, ridger £35 10/-, Cambridge roller £2O, chain harrows £ll, tine harrows £5 10/-, disc harrow £6, drays £34 10/-, £ls, saw bench £lO 10/-, forge £6, blocks and chains £5 2/6. Harness—Cart, saddles and breechings £7, £4 5/-, leading chains from £3 15/- to 35/-, collars £2 2/6 to 30/-, hames from 20/- to 9/-. Mr and Mrs McKenzie treated their guests right royally, and at the conclusion of a most successful sale three cheers were given for the host, and hostess. DUNEDIN REPORTS. DUNEDIN, June 5. There is no milling wheat on offer. Fowl wheat is also off the market, and poultry-keepers have to turn their attention to short oats. The oat market is very irregular. At the beginning of the week inquiries were received from the North Island, merchants there evidently desiring to fill forward sales. Their orders now appear to be filled, and the market is again quiet. Sales of B Cartons were made to the North Island at the beginning of the week at 5/104, f.o.b.s.L, and local merchants are still holding out for these prices, but the best price obtainable to-day is 5/10. A Cartons are being offered at up to 6/-, f.o.b.s.L, with no buyers. Offerings from the country are very small. A few lines have changed hands at 5/- to 5/2, on trucks, country stations, sacks extra. The local Government fixed wheat prices for June are as follow; —Velvet or pearl 7/114; Hunters, 7/8; Tuscan, 7/54—a1l f.0.b., sacks extra (the prices include 14d per bushel brokerage). Millers’ prices are as follow:—-Flour, £l6 10/- to £l7 per ton; 100’s, £lB to £lB 10/-; 50’s, £lB 10/- to £l9; 25’s, £l9 10/to £2O. Bran, £8 per ton. Pollard, £lO. Pearl barley, £35. Oatmeal, £3l per ton. The broken weather has delayed the cutting of chaff, and the local market is a little bare as a result. About £8 10/- per ton, sacks extra, ex truck, is now obtainable for good quality. There is also a better demand for medium at £6 10/- to £7 10/per ton, sacks extra, ex store. There have been several shipping inquiries, but owing to lack of space no business is at present possible. The potato market continues to drag, and unless the Australian Government permits shipments to be made from the dominion the prospects for growers are not too bright. Current wholesale prices are as follow: Fowl wheat, S/o per bushel, sacks extra (very scarce I.

Chuff. —Prime oaten sheaf, £8 10/-; medium, £0 10/- to £7 10/-. Potatoes, £f» 10/-, sacks extra, ex truck; medium, £5 to £6. Onions, 11/- per cwt.

MONEY MARKETS. (By Telegraph.—Press A sea. —Copyright.) (Australian and N.Z. Cable Association). LONDON, .Tune 3. Ban): of England returns: —Gold coin and bullion, £113,921,000; reserve, £19,102,000; proportion of reserve to liabilities, 12.9; notes in circulation, £113,807,000; public deposits, £21,242,000; other deposits, £127.322,000; Government securities, £06,08,000; other securities, £80,537.000. Short loans, 51 per cent.; three months’ bills, o}. Consols, £47 2/6; war loans, £B3 5/- to £SS 15/-; Commonwealth war loans, £95 15/- to £94. Victorian 4’s, 971 ; three and a-half’s, 80}; 3’s, 591; New South Wales 4’s, 75?; 3Ps, 03; 3’s, 58}; Queensland 4’s 86; 3}’s, S4; 3’s, 53£; New Zealand 4’s, 81+; 3+'s, 051; 3’s. 57g; South Australian 31’s, 65+; 3’s, 48; Westralian 3J’s, 70}; 3’s, 67}; Tasmanian 31’s, 63; 3's, Cl. FOREIGN EXCHANGE. LONDON. June 3. Par. May 31. June 3. Paris ff r ) 25.22 50.05 50.90 Christiania (kr.) 18.16 21.63 22.15 Stockholm (fr.) 18.15 18.08 18.20 Calcutta (rpe.) 1.11 25} 25+ Montreal (dol.) 4.85 4.25 4.40 New York (dol.) 4.86 3.88} 3.92} ANTWERP WOOL SALES. DECLINE OF 25 PER CENT. (By Telegraph.—Press Assn.—Copyright.) (Australian and N.Z. Cable Association). ANTWERP, June 4. At the Australian wool sales there was moderate bidding, and irregular prices with a 25 per cent, decline. Eleven thousand bales were offered and 2200 sold. SYMPATHY. Sympathy is good, but sound advice is sometimes better. When you are run down, out of sorts, subject to depression, you can be sure that your blood is out of order. Kidney troubles cause more than half the symptoms of sicknet* from which women suffer. Dr Sheldon’s Gin Pills are especially designed to help you to eradicate the poisons that have lodged in your system, to purify the blood, and brighten up your outlook on life. They tone up the Kidneys, and rebuild the wasted nerves. There is no harmful alcohol in Dr Sheldon’s Gin Pills, but solid curative qualities that will last when mere stimulants have failed. Take a Gin Pill now and then, and prove their value for yourself. Price, 1/6 and 2/6. Obtainable everywhere. — (AdvtJ