Fix this text
DUN’S GAZETTE
Fix this textFOR NEW SOUTH WALES.
Fix this textVOL. Vl NO. 3.
Fix this textSYDNEY: MONDAY, JULY 17, 1911.
Fix this text[Published Weekly and Daily.
Fix this textR. G. Dun & Co’s
Fix this textTRADE REPORT
Fix this textSydney.
Fix this textThe week has so far been
Fix this textuneventful; the season’s
Fix this textprospects, however, con-
Fix this texttinue fairly bright, though
Fix this textthe cold weather has in-
Fix this textcreased the mortality
Fix this textamongst lambs and has done some damage to
Fix this textcrops. However, taking the country all
Fix this textround, the outlook is encouraging. In
Fix this textthe city orders are plentiful, most manufac-
Fix this textturer® having their capacity well taxed, and
Fix this textin many quarters production could be increased
Fix this textwere it not for the shortage of labor. There is
Fix this textno getting away from the fact that skilled labor
Fix this textis exceedingly scarce.
Fix this textOn the Sydney Stock Exchange sales of in-
Fix this textvestment stocks have been numerous, but
Fix this textprices have been more irregular than previ-
Fix this textously, values to some extend reflecting the
Fix this textdepression which has characterised the London
Fix this textand Continental Exchanges. Had it not been
Fix this textfor the generally prosperous condition of our
Fix this textinvestors, this depression would have been felt
Fix this textmore acutely. As it is, private accounts are
Fix this textin funds, and a reasonable investment soon
Fix this textfinds a market. Mining ventures have ruled
Fix this textquiet, but silver scrip, after considerable
Fix this textweakness, has improved again.
Fix this textTurning to the wool market, the opening
Fix this textweek of the new year has naturally brought
Fix this textlittle that is new. All the new wool that has
Fix this textbeen arriving into town has been placed into
Fix this textstores pending the auction sales at the close
Fix this textof the month, so that beyond the parcels avail-
Fix this textable from the local fellmongering and scouring
Fix this textestablishments there ha® been little wool offer-
Fix this texting. The trade, too, has been waiting the open-
Fix this texting of the fourth series of London wool sales
Fix this textwith some anxiety owing to the industrial
Fix this texttroubles at home. Taking the Antwerp sales,
Fix this textwhich were held last week, as a forerunner,
Fix this textindication® are not so hopeful, as these sales
Fix this textclosed with merinos from %d. to %d. per lb.
Fix this textlower than in May last, and with crossbreds
Fix this textfrom %d. to l%d. per lb lower. However, these
Fix this textwools were River Plate wools, not Australian,
Fix this textand the fact that Bradford prices have kept
Fix this textfirm is a favorable feature. Still there is some
Fix this textuncertainty, and London values for crossbreds
Fix this texthave shown some weakness. Taking the gen-
Fix this texteral opinion, there does not seem much chance
Fix this textof the production in this State this coming
Fix this textseason showing any material increase. The
Fix this textlatest figures of our flocks give the number of
Fix this textsheep at 45,825,000, as against 46,202,000 at the
Fix this textcorresponding date last year.
Fix this textThere has been some betterment in the local
Fix this textwheat market during the week, due chiefly to
Fix this textthe fact that shippers have been encouraged
Fix this textby reason of stronger markets at home with
Fix this textmore inquiry for Australian wheat. Owing to
Fix this textless favorable report's received respecting
Fix this textAmerican and Russian crops, English buyers
Fix this texthave been paying the better prices of 34/- and
Fix this text34/3 per quarter for cargoes and from 33/3 to
Fix this text34/4% per quarter for parcels. Our shippers,
Fix this texttherefore, have raised their buying limit® to
Fix this text3/5 per bushel Sydney, and some would give
Fix this textId. more if they could obtain a parcel. Freights,
Fix this texthowever, have kept very firm, latest fixtures be-
Fix this texting given at from 24/6 to 25/- per ton. Some
Fix this textshort sellers have been trying to cover their
Fix this textJuly commitments, which ha® also tended to
Fix this textstimulate the market, so that holders have re-
Fix this textfused to sell any qualities under 3/6 Sydney,
Fix this textand not much ha® been opening at this figure,
Fix this textfile latest completed returns of the Common-
Fix this textwealth harvest place the production for the past
Fix this textseason at 96,628,000 bushels, but there are few
Fix this textwho credit this a s correct. New South Wales
Fix this texthas exported up to the present the equivalent
Fix this textot just on 10,000,000 bushels.
Fix this textAs we anticipated, the exhorbitant prices
Fix this textdemanded for butter have not been maintained.
Fix this textThe latter end of last week saw specially
Fix this textselected brands fall from 130/- per cwt. to 120/-,
Fix this textwhile the market opened this week with a
Fix this textfurther reduction, the top price for selected
Fix this textbrands dropping to 112/- per cwt., and all other
Fix this textdescriptions declining in sympathy. The mar-
Fix this textket for eggs has also eased further. Quota-
Fix this texttions for maize and potatoes have likewise been
Fix this textlowered somewhat. Rabbit skins have sold
Fix this textwell, prime winter skins realising from 16d.
Fix this textto 18d. per lb, but the market for sheep skin®
Fix this texthas ruled a shade easier, also tallow.
Fix this textRegarding the import markets, the turn of
Fix this textthe half year has been negotiated satisfactorily,
Fix this textbut it is too early in the new mouth for orders
Fix this textto be showing up in large volume. There has,
Fix this texthowever, been a very fair turnover in general
Fix this textcommodities, while prices have mostly been
Fix this textfirmly maintained. The prospects for the tea
Fix this textmarket seem to point to a continuance of firm
Fix this textprices, while on spot stocks continue fairly
Fix this textlight, and importers are firm in their prices l .
Fix this textSome idea of the high markets which prevailed
Fix this textlast season in India may be gathered from the
Fix this textfact that the accounts of 67 Calcutta tea-grow-
Fix this texting companies for the past year showed that
Fix this texttheir dividends on shares averaged 18 per cent.,
Fix this textand not one of them worked at a loss. Latest
Fix this textquotations from home have shown a decline
Fix this textin the price of linseed oil on that side, but the
Fix this textmarket here is too lightly stocked at the pre-
Fix this textsent time for this to have much effect, and
Fix this textholder® quote 5/7 and 5/9 per gal. for small
Fix this textlots o;f leading make. Turpentine has become
Fix this texteasier at 5/5 for Pratt’s. The demand for all
Fix this textdried and evaporated fruits has continued
Fix this textbrisk, with values very tfully maintained, dates
Fix this texthaving advanced %d. per lb,, being now worth
Fix this textfrom 3%d. to 3%d., according to parcel. Sul-
Fix this texttanas have also hardened. All brands of tinned,
Fix this textsalmon have become scarce, and holders are
Fix this textlooking for more money. Very little life has
Fix this textoccurred in jute, and buyers have been dis-
Fix this textinclined to operate, as Calcutta prices have
Fix this textbeen irregular. Cornsacks are quoted in the
Fix this textregion of 5/6, and bran bags at 5/4. Packs
Fix this texthave kept' firmly held at 2/4%. In metals,
Fix this textfencing wires have been selling freely in small
Fix this textquantities at previous levels, also nettings;
Fix this textbuilding materials and cement have likewise
Fix this textreceived good attention, the market for the lat-
Fix this textter being very firm.
Fix this textR. G. Dun & Co’s
Fix this textTRADE REPORT
Fix this textMelbourne.
Fix this textJuly 12, 1911.
Fix this textTrade in Victoria has
Fix this textmaintained the activity
Fix this textwhich has been the feature
Fix this textof the present winter, and
Fix this textwhile importers are not
Fix this textparticularly busy, most of
Fix this textthe wholesale houses are receiving a good inflow
Fix this textof orders from their customers. Considering
Fix this textthe dullness which generally prevails at this
Fix this textperiod, and considering the drawback to country
Fix this texttrade from the bad conditions of roads, the
Fix this textpresent state of business is a distinctly gratify-
Fix this texting one. The outlook in the country is pro-
Fix this textmising, and unless anything happens in the
Fix this textspring the prospect is for a good harvest as
Fix this textwell as for a full volume of production in the
Fix this textpastoral and dairying industries. Amongst the
Fix this textwholesale house® the attention of the soft-
Fix this textgoods trade, apart from stocktaking, is now
Fix this textbeing largely devoted to booking orders for
Fix this textnew goods for the spring season, the demand
Fix this textfor which i® coming on well. The grocery
Fix this texthouses have been busy with a good general
Fix this textdemand. Some descriptions of dried fruits have
Fix this textcontinued to display strength, especially Mil-
Fix this textdura sultanas and muscatels, besides dates and
Fix this textprunes. The tea trade is undergoing modifica-
Fix this texttion owing- to the revival of the method of
Fix this textselling- by auction systematically by some of
Fix this textthe leading importers. The ironmongery
Fix this texthouses are experiencing a good general demand,
Fix this textand fencing materials are selling freely.
Fix this textCement continues in good request, and stocks
Fix this texton the spot are still light. Timber is selling
Fix this textwell for this time of the year. The market for
Fix this textcornsacks for forward delivery has hardened in
Fix this textconsequence of the advance in Calcutta,
Fix this textwhere the jute market has shown much firm-
Fix this textness since it appears that sowings of jute have
Fix this textincreased to a smaller extent than anticipated
Fix this textThe quarterly average returns of the Vic-
Fix this texttorian banks show an increase of £ 655,520 in
Fix this textdeposits, as compared with the preceding-
Fix this textquarter, the total average deposit® for the June
Fix this textquarter being £45,369,555. An increase in
Fix this textdeposits in the second quarter of the year is not
Fix this textusual in Victoria, and setting aside one or two
Fix this textspecial circumstances, it may be regarded
Fix this textmainly as the effect of an unusually good con-
Fix this textclusion to what has been altogether a prosper-
Fix this textous season for the great natural industries of
Fix this textthe country. The total increase in Victorian
Fix this textbank deposits as compared with the June
Fix this textquarter in 1910 is £ 4,535,873, which is a record
Fix this textincrease for any similar period. Advances
Fix this textamount to £35,909,660. showing an increase of
Fix this text£352,539 on the quarter and an increase of
Fix this text£2,679,770 on the twelve months. Coin and
Fix this textbullion are slightly lower that either a quarter
Fix this textpreviously or a year previously, but the return®
Fix this textshow that the banks also held an average
Fix this textof £1,313,861 in Australian notes during the
Fix this textlast quarter. The following is a comparison
Fix this textof some of the latest figures with a year pre-
Fix this textviously and two years previously:
Fix this textJune June June
Fix this textquarter quarter quarter
Fix this text1909 1910 1911
Fix this text£ £ £
Fix this textDeposits 37,637,545 40,833,682 45,369,555
Fix this textNotes in circu- 857,827 901,239 857,228
Fix this textlation
Fix this textAdvances 31,604,262 33,229,890 35,909,660
Fix this textCoin and bullion 8,141,209 8,240,137 8,143,226
Fix this textAustralian notes 1,313,861
Fix this textThe wool trade is inactive pending the Bris-
Fix this textbane sales, to be held on the 25th inst. The
Fix this textLondon sales opened on the 11th inst._ the cata-
Fix this textlogues on that day consisting almost altogether
Fix this textof crossbreds, with only a small quantity of
Fix this textmerinos.
Fix this textPrices varied from par to 7% per cent,
Fix this textdecline, merinos and tine crossbreds being un-
Fix this textchanged, and the decline being in medium and
Fix this textcoarse crossbreds. The total quantity avail-
Fix this textable for the series is 175,500 bales, against
Fix this text159,000 bales for the corresponding series last
Fix this textyear. The Bradford market has been firm,
Fix this textwith no alteration in tops. Messrs. Dalgety
Fix this text& Co.’s summary of statistics for the 1910-11
Fix this textseason shows that, including 55,000 bales used
Fix this textin Australia and New Zealand by manufac-
Fix this textturers, the total production was 2,523,750 bales,
Fix this textof a value of £31,588,937, against a value of
Fix this text£33,808,912 for the preceding season. The
Fix this textdiminution in value with a slight increase in
Fix this textquantity is the result of the low average
Fix this textprices, the average realised at the auction sales
Fix this textin Australia and New Zealand being £l2/10/4
Fix this textper bale, against £l3/12/2 for 1909-10. The
Fix this textquantity sold at the Colonial sales is 76 per
Fix this textcent, of the total exportable production, being
Fix this text1,865,167 bales against 1,889.74, or 77 per cent,
Fix this textin the preceding season.
Fix this textThe wheat market, after showing a little more
Fix this textfirmness, ha® become quieter, values being about
Fix this text3/5 to 3/5%. The farmers are not yet selling
Fix this textfreely, but -with the quantity of wheat still held
Fix this textin Victoria and other States there will be the
Fix this textopening for a good shipping business to be done
Fix this textduring the next few months. Exports from
Fix this textVictoria, including flour, since the middle of
Fix this textlast December, now total 15% million bushels.
Fix this textTotal exports from the Commonwealth so far
Fix this texttotal about 41% million bushels, against 39 mil-
Fix this textIt's easy and takes two shakes of a lamb's tail!
With your Trove account you can:
http://nla.gov.au/nla.obj-759981097
(1909). Dun's gazette for New South Wales Retrieved January 9, 2025, from http://nla.gov.au/nla.obj-759981097
Dun's gazette for New South Wales Sydney: Dun's Gazette, 1909. Web. 9 January 2025 <http://nla.gov.au/nla.obj-759981097>
1909, Dun's gazette for New South Wales Dun's Gazette, Sydney viewed 9 January 2025 http://nla.gov.au/nla.obj-759981097
{{Citation
|
| title=Dun's gazette for New South Wales.
| year=1909
| section=v. ; 30 cm.
| issue=Vol. 6 No. 3 (July 17, 1911)
| location=Sydney
| publisher=Dun's Gazette
| url=http://nla.gov.au/nla.obj-759981097
| id=nla.obj-759981097
| access-date=9 January 2025
| via=Trove
}}
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