Commercial

Southland Times, Issue 24835, 29 August 1942, Page 2

Commercial

DUNEDIN MARKETS (P.A.) DUNEDIN, August 28. Deliveries of seed wheat are being made to the country and from now onwards substantial quantities will be going to farmers. The most favoured variety of seed is Cross 7. There is nothing to report in the oats market. The absence of demand from the North Island continues and few lines are being offered on account of growers. Few. if any, lots of potatoes are reaching the market from growers, and it appears that supplies must now have passed out of first hands. Merchants are experiencing great difficulty in meeting the demand from growers for seed potatoes. It had been hoped that supplies could have been secured from Canterbury, but merchants there report that they are in the same predicament as Dunedin merchants in fulfilling orders and that they are being deluged with inquiries from the North Island. As a result of the continued demand for both certified mother and pedigree Montgomery red clover, values have hardened and there does not appear to be sufficient to meet the immediate demand. In other seeds no new business is being received from overseas and the local trade is confined to small parcels only. CLEARING SALE AT GORE The National Mortgage and Agency Co., Ltd., Gore, reports having held a successful clearing sale in conjunction with the Southland Farmers’ Co-operative Association, Ltd.. at Diamond Peak road. Gore, on account of Mr John P. Orr. There was a big and representative attendance of buyers and excellent prices were secured throughout the sale. The stock was brought forward in splendid condition and in the sheep section twotooth ewes brought up to 44/6, this price being secured for a line of 141. Other lines of two-tooth ewes realized 42/5, 39/6 and 34/9. Ewe hoggets made 38/- and wether sorts brought 25/-. Dairy cows sold at £ll and £7, heifers brought up to £B/5/-, three yearlings selling at £5/5/-. A steer was sold at £B/2/6, and a fat cow brought £7. Three working horses brought £2l, £2O/10/- and £lO and a hack realized £2O. The implements also sold well and good prices were secured. A Tedder brought £32, a mower £2B, a ridger £3O//10/- and a drill £4O. A shearing machine was sold for £47, a wool press realized £29 and discs made £2O/10/-. Numerous sundries and harness brought full market rates. LIME COMPANY’S DIVIDEND The directors of the Milburn Lime and Cement Company recommend a final dividend of 4d a share, making 5 per cent, for the year.