COMMERCIAL NEWS

Ashburton Guardian, Volume XLIV, Issue 10066, 12 March 1924, Page 8

COMMERCIAL NEWS

ASHBURTON’ STOCK SALE.

PRINCIPAL SALES YESTERDAY s» :: . * ■/,

There was a. large attendance at the 'Ashburton yards yesterday, wnen there was an entry of 331 fat ewes, 63 wethers 1429 lambs, and 3249 stores. Fat owes sold at an average of Is per head in advance of last week s rates and I', wether mutton was firm at about las week’s values; Prime ewes made from 22s 7d to- 25s Bd, and second; 20s lid) to 225, light and unfinished ' jwwts'l7s 9d to 16s lOd; wethers : from *»« ***”&%£ lambs sold up to 33s 10d, seoona quai itv 23s 9d to 30s Bd. . : , The following were the principal

'ffe Ewes —For F. Hanrahan (Dmmore), 11 at 20s lid, 12 at 18s 9d, (Cochrane Bros. (Elgin) 17 at 24 20, ■i&nt 10 at 17s 9d,_5 at 18b; W. g*J; lin (Winchmore), oat 225, W Dwym (Winchmore), 24 at *os Bd, tßd,. 15 at 24s 4d, 9 at 245, E. Goss .(Tinwald),' 11 at 20s 2d, a 1( j Bennett (Winchmore), 16 at 24s ia, i < f t 2?s 7d; D. McKay (Winchmore), 9 . .falls’ 3d- P. 2 Connolly (Winchmore), | 18 It lß a>t 18s IQd. 18 at W T ethers —E. Goss 14 at 28s 3d; Gill (Greenstreet), 20 at 30s lOd; E.’ McLennan (Ashburton), 12 at 265, jl7 Fat 2 Llmbs-W. Butterick , (Waka- ■ nui) 9 at 2Ss 3d; F. Hanrahan, 42 at i s gf> ‘Sfc Afield)?'23 at 295; E. W. \ .(Winchmore), 55 at 27s 2d, . '• .bairn (Wakanui), 41 at 30s Bd, client Matt : WMa IS : : it 1 33 s 1(1! Mlfflww 107 J* 3 i| 2 10 li ■ Ss?p W^^5 d rjf ££ Hydes, 35 at 33s 2d; D. McKay lS at \ 327 s 3d; E. McLennan, 121 at 27s 3d, f W. Bennett, 86 at 29s 7d; H. G. (Winchmore), a *®J ß, ■bout Stores—The store /market was about the best of the ™t *, though out of the total yarded ,1565 were passed at auction. The principal sales were :-92 sound and crossbred ewes at 26s 9d, 8 .-sex crossbred! lambs at 21s id, 2 .bred! mixed sex lambs at 14sK>d, 35 mixed sex crossbred lambs 17s Id, 124 ' 4 and 6-tooth i-bred owes at ISs bd, .34 cull ewes at 11s 3d, 83 mixed sex crossbred, lambs at 235, 176 mixed sex Inbred 1 hoggets at 14s Id, 125 mixed sex crossbred lambs at 18s, 87 5-bred ewe lambs at 23s 4d, 52 *-bred wether lambs at 9s 9d/73 sound failingmouth ewes at 17s Bd,,‘ 66 mixe sex crossbred lambs at 15s 6d, 56 b and ,8-tooth 1-bred ewes at 28s, 30 crossbred ' ‘ ewe lambs at 12s 9d, 39 mixed sex crossbred lambs at 17s 7d, 164 mixed sex f-bred lambs at 16s 7d, 81 4 and 6•tooth crossbred ; ewes at 275, 96 soundmouth ewes at 28s.

BRITISH TRADE.

HIGH COMMISSIONER’S REPORT,

The Department of Agriculture has received the following cablegram, dated March 8, from the High Commissioner for New Zealand, London:— Butter.

The demand for butter and cheese / has hot been stimulated by the reduced ” prices, and market is slow. Danish is selling largely to America and Germany. The butter market continues slow. Official quotations are:—N.Z. — finest, salted, 180 s to. 184 s; exceptional 186 s; unsalted., 180 s to 184 s; other qualities, 160 s to 178 s. Australian — Salted, finest, 170 s to 1745; unsalted 170 s to 1745; other qualities, salted, 150 s to 168 s; unsalted, 150 s to 1665. Argentine—l6os to 162 s and up to 1645; other qualities, 140 sto 158 s, Danish—2l2s to 214 s per cwt. Cheese.

English finest farmers’ is scarce, and prices steady. Canadian is scarce and prices nominal. Fair inquiry for New Zealand and heavy supplies have caused further reduction in price. Quotations are: English—Finest farmers’, 142 sto 1465. N.Z—Finest, coloured and white. 86s to 88s. Australian— Finest and fine, coloured and white, 80s to 84s per cwt. Casein.

Buyers are holding off in anticipation of lower prices. French rennet, £SB to £BO per ton. Argentine lactic, £46 to £49 per ton. Wool.

Bradford continues firm. The demand from Germany is the reason for a slight rise in prices all round. Tops are quoted: 64’s (merino), 5s lid to j6s ; 56’s (super halfbred), 4s; -40’ s prepared (coarse crossbred), 2s 2d per lb.

FROZEN MEAT.

AUSTRALIA’S EXPORT OF LAMBS

WELLINGTON, March 11

The Melbourne representative of the N.Z. Meat Producers’ Board advises V cable that the number of lambs exported from Australia during the fortnight ended March 7 was 7841 carcases.

BANK OF NEW ZEALAND REPORT

The Bank of New Zealand has received the following advice from its London office, under date March 7:— Frozen meat. —The mutton market remains steady. The lamb market is depressed owing to heavy arrivals. The beef market is tshort of supplies, and

prices are nominal. Quotations are: — Wethers} light, 8d to 9d; heavy, 6.}d >' to 7fd; ewes, 5H to, 7d; lambs, lOld ■< to lid: seconds, lOd to 10jd; Australian and Argentine, Byd to lOd per lb.

THE WOOL INDUSTRY.

MELBOURNE SALES. MELBOURNE, March 11. When the wool sales were continued the market was keen and for all grades were unaltered.

BRADFORD MARKET. LONDON, March 10. On the Bradford tops market quotations for all sorts are firm. Business in crossbreds is moderately active.

SYDNEY WOOL SALES

SYDNEY, March 11

At the wool sales there was an improved demand, for all better classes of merinoes, but irregularity was still noticeable for short and inferior sorts. Crossbreds were keenly contested at best prices of the season.

THE PRODUCE MARKETS.

LONDON PRICES. The Bank of New Zealand has received the following advice from London under date March i - ©utter. —Dull, 180 s to 184 s per cwt; Cheese. —Fair enquiry, 86s to SSs. Frozen Meat.—Mutton market remains steady. The lamb market is depressed owing to heavy arrivals. The beef market is short of i supplies and prices are nominal. light 8d to 9d, heavy 6*d to 7fd; ewes s*d to 7d: lambs 10*d to lid, seconds lOd to lOjd, Australian and Argentine B}d to lOd.

grain and produce. CHRISTCHURCH PRICES. CHRISTCHURCH, This Day The following are quotations foi produce to be paid to farmers at country stations, free of commission, sacks extra, except where otherwise St MHHng Wheat —Tuscan, 5s 3d per bushel, f.0.b.; Hunter s, os sd; Peail,

Fowl Wheat —5s 2d to 5s 3d per bushel f.o.b. (new season s good whole). Oats—Gartons, 4s to 4s 3d per bushel; Algerians, 4s to 4s 6d; Duns, 4s to 4s 3d. _ , Potatoes From £o to £5 os per ton, delivered April or May. Chaff—Up to £6 per ton. Onions —£6 10s to £7 per ton White Clover —Is to Is 4d per lb. Red' Clover—Bd to 9d per lb Perennial Ryegrass—6s 3d to 6s 9d per bushel. . n , Italian Ryegrass—6s 3d to 6s 9d per bushel. „, _ Partridge Peas—6s 6d to is pei bushel. , • Cocksfoot—lOd to lid per Mb. Barley—4s 6d to 5s per bushel. Cape Barley—Up to 5s per bushel. Linseed—£l6 to £l7 per ton. Flour—2oolb sack, £l6 10s; 100 b bags, £l6 10-..501b bags, £>7; 2511 bags, £l7 10s, all per ton. f.0.D., Lyt telton, Timaru and Oamaru. Bran—£s. pejr ton f.o.b. southern ports. . '? Pollard—£7 per ton f.o.b, southern ports.