COMMERCIAL

Taranaki Daily News, 20 November 1926, Page 15

COMMERCIAL

PIGS AND POULTRY. YESTERDAY'S SALES. Messrs. Newton King, Ltd., report that at their Haymarket sale yesterday slips realised from 20s to 31 s, and stores from £2 Is to £2 8s fid.

Messrs. Webster Bros, report ducks realised 3s fid, hens 2s 9d to 4s fid, and young ducklings 9d to Is. Eggs sold at from Is 7d to Is Bd. L. A. Nolan and Co. report that hens sold at from 2s Id to 4s, cockerels 3s fid to 4s 7d, ducks 3s 2d to 4s, chicks 4d to 9d, hens and chickens 7s to 21s Cd. CANTERBURY MARKETS. Christchurch, ’Last Night. Business in the produce market continues to be as quiet as it has ever been s.t the present time of the year, and there does not appear to be any immediate prospect of an improvement. A small amount of business has been done in next year’s wheat, prices paid being on a basis of 6s on trucks at country stations. Owing to the reduction in values of wheat and flour in Australia, which has been brought about through the coal strike in England resulting in shipping freights having to be raised in order to meet the increased cost of coal, a good many buyers have withdrawn in the meantime, and this is having an adverse effect locally. A few sales of fowl wheat have been made at a rate equal to 7s fid f.0.b., but inquiries have come mostly from retailers, millers not being interested in the business.

No oats are being sold at present, the opinion among merchants being that prices will have to come down considerably before business in this line will improve. The local consumption of oats is decreasing every year as the popularity of motor transport increases, and, according to one merchant, it will be a matter of surprise if the new season’s prices open at more than 2s Cd on trucks at country stations.

New season's partridge peas have been offered at 6s, but very little business is being done. At present trade in potatoes is practically at an end, although a few odd lines are being disposed of. The Whangape, which left for Sydney earlier in the week, took 1600 sacks, and it is expected that a further small consignment will be shipped next week. A few Jots are also being shipped north, since the recent rains in the North Island had the effect of holding up the supplies of new potatoes temporarily. So far as the local crops are concerned, they are looking very well, and the prospects for the new season are good, provided no further rain falls for some time. DOMINION SHAREMARKETS. Auckland, Last Night. Sharemarket sales: Glaxo (debentures) £B9; Bank of New Zealand, rights, 6s 7d; Union Bank of Australia, £l5 4s Cd; Goldsbrough Mort, 49s 6d; Hetherington Collieries (con.), 6s 3d; Auckland Gas Co., 23s 9d; Auckland Gas Co. (con.), 13s 6d; Kauri Timber, 2Cs 9d; National Timber, 14s 6d; Taranaki Oil, 10s; Albumia, 4s sd; Moanataiari, 6s 3d; Moanataiari (con.), 5s 9d, 5s lOd,

os 9d, 5s 6d. 5s 3d, ss, 4s 9d, 4s lOd, ss, 4s lid; Lueky Shot, Is 4d; Lucky Shot (con.), Is 2d, Is Id; Waihi Grand Junction, 2s 4d. AUSTRALIAN MARKETS. By Telegraph—Press Assn. —Copyright. Melbourne, Nov. 19. Wheat. —Quiet and nominal old wheat spot sellers 6s, new prompt delivery about os Bd, January about 5s 6d. Flour.—-£l5 10s, cash £l5 ss. Oats. —Milling 2s lid to 3s; feed 2s 7d to 2s Bd. Barley.—English 4s 3d. Potatoes. — £l4 to £l5. Onions. — £B, ex bags.

LONDON MARKETS. London, Nov. 18. Butter.—The market is slow. Danish is quoted at about 170 s. There is fair trade in new season’s Australian. Cold stored New Zealand is unchanged in price, but buyers consider the New Zealand control prices for new arrivals at 148 s to 150 s too high, consequently very little is selling. Multiple shops have reduced the retail price of best salted to 17d per pound. Cheese.—Slow New Zealand 84s to 85s. Sugar.—Granulated 31s 4%d. Rabbin-skin Sales.—Three thousand three hundred offered. Fair general competition for furriers’ sorts at 10 per eent. above September. Medium butters at late rates to 5 per cent, decline. Lower grades 5 to 19 per cent, advance. The Germans competed strongly for the best furriers.