COMMERCIAL NEWS.

Ashburton Guardian, Volume XLV, Issue 10385, 2 May 1925, Page 2

COMMERCIAL NEWS.

METHVEN STOCK SALE. The fortnightly stock sale was held in the Methven yards on Thursday. There was a large attendance of farmers. The yarding of fats consisted of 3800 lambs, 1080 ewes, and 157 wethers. Freezing buyers operated up to their full limits, and with one or more speculator's operating, more particularly in the mutton classes, a total clearance was effected at prices well in advance of previous sales. The quality of fats was well above the average. Top pric< for lambs was obtained on account San Weiiley, Highbank, for 22 lambs at 40; 3d, another nice line of 118 well linisliec lambs was sold on account A. E. Bland Methven, for 39s 2d. In the store sec tion 2700 sheep were yarded, the bull | comprising full and failing-moutli ewe I of doubtful ages. Several lines of mixe< i sex lambs were offered!, and altogether i the tone of tli© stock market wa [ bouyant. Practically a total clearanc was affected. The cattle yarding was a small one and of indifferent quality. Pigs wer also small hi numbers, but sold at gocn prices. . The usual quantity of sundric brought full market rates- Seven horses wore offered, but only two foun new owners, the sales recorded being Ono draught mare, 7yrs, for £4O, an "elding 7yrs for £2O. Ten shares in tb Methven Sale Yards Co. found) a buyr for £2 each. The following are the pnncips sales:— Fats—B6 wethers at 33s 6d, 21 « 37s 9d 17 at 36s 4d, 62 ewes at 24s 2< 60 at 27s 6d, 61 at 325, 93 at 245, 1 at 24s 3d, 7 at 20s, 14 at 21s Id, 40 * 27s Id, 68 at 30s 7d, 85 at 30s 3d, 94 i 25s Id, 24 at 26s Id, 73 lambs at S( 2d, 269 at 34s Id, 82 at 35s sd, 93 a 33s lid, S at 34s Id, 58 at 33s Bd, € at 33s lid, 86 at 37s lid, 68 at 34s 6t ]l9 at 38s 7d, 131 at 35s 9d, 3 at ; Bd, 74 at 35s Id, 10 at 26s 3d, 70 a \ 35s 7d, 80 at 36s Bd, 150 at 35s Bd, 7 i at 33s 9d, 243 at 35s 6d, 5 at 35s 3d, 5 1 wethers at 31s, 1 at 295, 1 at 40s, ewes at 19s 3d, 30 at 29s Id, 44 at 2f 9d, 61 at 23s Id, .38 at 23s sd, 36 a 23s 3d, 36 at 265, 52 at 20s Id, 7 a 27s 6d, 1 at 20s, 19 ewes at 24s Id, wether at 295, 309 lambs at 365, 35 dc at 335, 118 at 39s 2d, 55 at 3£s Id, 7 lambs at 38s Bd, 44 at 34s 9d, 23 at 27s 22 at 40s 3d, 23 ewes at 27s 36 at 2f 9d, 43 at 25s 2d, 33 at 27s 2d, 30 a ’ 245, 52 lambs at 31s, 82 at 34s 3d, 5 I at 325, 80 at 33s lOd, 92 at 38s 6d. j Stores.—B7 full and failing mouthe ewes at 16s 6d, 72 at 18s 9d, 53 cu ! ewes at 7s, 70 failing mouthed ewes a 9s 9d, 157 full and failing mouthe ! ewes 14s 6d, 74 at 25s Bd, 74 at 24s 5d 70 cull ewes at 7s, 63 fat and! forwar ewes at 17s 9d, 250 6 and 8 tooth \ bred ewes at 355, 42 2-tooth wethers a 26s 3d, 27 mixed sex lambs at 30s 4cl 51 2,4, 6. and 8-tooth f-bred ewes a ; 345, 60 2-tcoth J-bred ewes at- 37s 6d 96 4yr-old ewes at 34s 6d, 161 sown mouthed -£-bred ewes at 2is, 355 2 tooth wethers at 28s Id, 180 rape ewe at 11s Id, 77 mixed sex lambs at 21s 104 mixed sex rape lambs at 21s 9d 118 failing mouthed owes at 22s Id 28 failing mouthed ewes at 22s 6d, 20! |-bred wether lambs at 21s 7d, 93 fail ing mouthed ewes at 16s. 58 at 28s 6d 55 cull ewes at 5s 9d, 167 mixed sei l and g-bred lambs at 275. Rams.—6 E.L. and B.L. rams fron llgns to 2^gns. Cattle. — 1 fat cow at £6 17s 6d, fat bullock at £8 10s, 1 at £7 2s 6di 1 steer at £4 15s, 3 steers at £4 15s 3 empty cows at £2 10s, 1 at £1 12s 6d 1 cow at 255, 2 heifers at £2 10s, ! yearlings, at 12s 6d. Pigs.-—4 stores at 255, 6 weaners a 10s to 11s 6d, 3 stores at £3 ss, wean ere from 8s to 15s. GRAIN AND PRODUCE. CHRISTCHURCH MARKETS.

j CHRISTCHURCH, This Day. | The new prices which millers are of- ! fering for wheat, showing an increase of od; aTiushel on the previous offers, has resulted in a rush of wheat from the country. Apparently most farmers are anxious to dispose of their wheat at the increased prices, and in this they are acting wisely, because the new prices offered by millers are good ones. Further, there is no guarantee that the present prices for wheat will be maintained. The price of wheat in this country is still governed by the price at which Australian flour can be landed here. If the price of flour falls in Australia, then it is quite possible that New Zealand millers will not be prepared to offer so much for wheat. The reduction in the price of flour to the extent of £1 a ton has now come into force, whilst bran and pollard have each been increased by £2 10s per ton. Fowl wheat has eased back in price, andi' it is now being quoted at 6s 9d a bushel f.0.b., from Id to 2d cheaper than a week ago. There was some excitement in fowl wheat last week, but this has now died down, and at the present time there are not many buyers about. Although the Auckland market is bare of potatoes, the market locally is on the quiet side. Shipments of potatoes have been held up in Lyttelton, and no doubt Auckland 1 merchants are waiting to see .what quantity is coming forward before ordering Further supplies. Further, there are rumours that a large quantity of potatoes is to be shipped from Timaru io Auckland, but Christchurch merchants who are interested in the business are not able to confirm these rumours. The Katoa, which sailed for Auckland from Lyttelton on Thursday, took about 1500 sacks of potatoes, and the Kaiapoi, due to sail yesterday, was expected to take some 3500 sacks. This is not a large quantity for Auckland, especially as the potatoes will arrive on a bare market. The Wanaka is expected to sail for Auckland to-day, but it is not anticipated that she will take a large consignment of potatoes. Merchants are still offering £3 10s a ton on trucks at country stations for potatoes, but a good many farmers are not willing to sell at this price, presumably preferring to wait and see if the price improves. There is not much doing in onions, I which, however, remain firm at late rates. Oats remain firm at late rates. Ihere is a. fairly good inquiry for chaff, but practically the only sort wanted is “good bright.” Unfortunately owing to the nature of the season, there is not much chaff of this quality available m Canterbury this year. Further, the increased price oif sacks Ims put up the retail cost of chaff considerably. The market for partridge peas is still very dull. There is no demand from London." Linseed is also quiet. At the < start of the season linseed was worth up to £2O a ton to farmers, but to-day, 1

owing to the weakening of the world s market, it is not worth more than £l7. The following are quotations for produce to he paid to farmers at countiy stations free of commission, sacks extra, exoopt where otherwise statedWheat—Tuscan 6s Sd per bushel, f.0.b., Hunters 6s lOd, Pearl 7s. Oats—Gartons 3s 5d to 3s 9d P er bushel, Algerians 2s 8d to 2s lOd, Duns (dark) 3s 3d to 3s 9d. Chaff—Up to £3 15s per ton. Potatoes—Up to £3 10s per ton. Onions—Up to £7 per ton White Clover—9d to 12d per lb. Perennial Ryegrass—3s 3d to os Ju > I>er bushel. , , _ > Italian Ryegrass—2s 9d to 3s pel J bushel. „ , „ v i Partridge Peas—Up to 5s per bushl el A Cocksfoot—s)d to 7d per lb 1 Barley—ls 9d to 5s per bushel. , Linseed—Up to £l7 per ton. Flour—2oolb sacks £lB, 1001 b bags s £l9, 501 b bags £l9 12s 6d, 2olb bags s £2O, all at per ton f.0.b., Lyttelton, 1 Tiinaru and Oamaru. r Bran—£B per ton f.o.b. southern s ports, 10s extra for smaller packings, e Pollard—£9 per ton f.o.b. Southern ports, 10s extra for smaller paclc- ', ings. e 1 DUNEDIN. 1 DUNEDIN, May 1. d There is little to report m oats. : Farmers have, in the majority of causes, d finished threshing and are inclined 1 to e store in the meantime. The quotation is , r 3s 6d on tracks at country stations, sacks extra, for A grade. There are no il enquiries for B or undergrade oats. Wheat. —The position advanced ant other stage when representatives of the 1 farmers and millers met in conference 0 and submitted the following prices for t approval to the various centres—6s 8d t for Tuscan, 6s lOd for Hunters, and < s 7s for Velvet, f.o.b. After deducting it f o.b. and other charges, this will mean 7 about 6d per bushel less to the farmer | with a handy railage. Is Chaff.—There has been a fair quan't tity offering, and prime only can be 2 sold at present. Discoloured and other 5 inferior qualities are being put into 4 store. Quotations are £5 10s ex track ; s for prime quality, and other grades 4 from £3 15s to £4 exstore, sacks extra t in each instance. 1 Potatoes—The markets are well su;p- , plied. Sound white tables are worth up 0 to £4 10s ex truck, sacks in; reds are • not wanted. s ' 2 LONDON MARKETS. :1 LONDON, April 30. 4 Barley is steady. Oats are slow. 4 Peas and beans are slow and tending to be easier. 1 " THE WOOL TRADE. t BRADFORD MARKET. j LONDON, April 30. The Bradford tops market is stag--5 nant. Quotations are impossible in the absence of business. f ’ DAS RY PRODUCE. I LONDON QUOTATIONS. I LONDON, April 30. Butter.—Prices are firm and the mar- ! ket is quiet. N.Z. choicest 170 s, exceptional 1745; Australian 160 sto 1625. L Danish 188 s cwt. Siberian is arriving in increasing quantities, and supplies are expected to reach 50 per cent above last season’s. Siberian is selling well 5 at 144 s to 148 s cwt. t THE MEAT TRADE. PRICE OF FAT STOCK FOR FREEZING. Current quotations for fat lambs and sheep for freezing are:— Woolly lambs—First quality to 361bs, 12_ld; 37 to 421bs ll|d, over 421 bs ll£d, second quality ll|d lb. Shorn lambs l)d less than above. Wethers—First quality to 501 b, 7fd; 57 to 641 b 7)d, 65 to 721 b 6)d, over 721 b 6d; second quality, 6)d per lb. Ewes—Up to 641bs, s|d; 65-721bs, : 4|d; over 721bs, 4d per lb. ; * ] THE WHEAT MARKET. ; LONDON AND CHICAGO. LONDON, April 30. Wheat cargoes are steadier on North American firmness, but prices are un- , changed. | Parcels are stronger but inactive. 1 Liverpool future quotations are:— May 11s 6)d, July 11s 7Jd, October 11s per cental. Spot trade is quiet and prices generally are irregular. Australian, ex ship, 59s 6d per quarter. Flour is slow. Australian, ex'store, 45s per sack. NEW YORK, April 30. Chicago wheat quotations:—May, 153 cents, July, 142 cents; September, 134) cents per bushel. ASHBURTON HORSE FAIR. There was a large entry of draughts at the horse fair conducted by the National Mortgage and Agency Co. yesterday. Bidding was fairly spirited. Prices were as follow: Draughts—Mares: 4yrs £4O, oyrs £24, Byrs £25, £27 10s, Oyrs £26, lOyrs £l3, aged £25, £l9 10s. Geldings: 6yrs £25, aged £lB, £l2 10s, £lO. Harness gelding (6yrs) £25. PROPERTY AUCTIONS. A property of two acres, with house of seven rooms, in the estate of the late Mr Robert Anderson, brought no bids when offered at auction yesterday by Messrs Bullock and Co. The property fronts Alford Forest road, nearly | opposite the woollen mills. On behalf of Mr F. R. Hyde, Mr Henry Stephenson offered at auction yesterday the property of g-acre, with 6-roomed bungalow, situated on the Glebe, just off Tancred Street. Ashburton East. No offer was forthcom- | ing - 1 STOCK AND PRODUCE MARKETS. | Business was quiet in fruit ami vege- 3 tables at the stock and produce sales ) yesterday. Poultry and pigs were for- i ward in fair numbers. Prices were as ] follow : *j Poultry—Hens 2s 6d to 7s 8; 1 : j roosters 4s to 7s Id; ducks 5s to 7s 3d; •] .'geese 6s to' 7s, all at per pair. Pigs—Wenncrs 13s to 20s, stores 30" j to 40s, porkers 42s 6d to 57s 6d. fats £3 J os to £5, choppers £3 10s to* £5. j Fruit.—Pears l)d to 2d, apple?:. j cooking 2)d, dessert 3d and 31 d, quinces l)d per lb. j Vegetables—Potatoes 9s a sack, tomatoes l)d per lb. j