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COMMERCIAL NEWS.

GRAIN AND PRODUCE. THE ASHBURTON MARKET.

Conditions generally in tlie grain and produce trade have been much brighter in the last few days and business has been fairly bright. There has been a good consumptive demand for oats from the North Island, and values show a slight increase. The price of potatoes remains high. A fresh demand has arisen from Australia and the Karetu is due to sail 1 shortly with a fair quantity on board. There is an easing tendency as far as Australian prices are concerned, however, and this reacted on the local market on Wednesday. In any case offerings from farmers are light and values I should remain firm for the next _ few I weeks. At the present high prices, j merchants are not disposed to operate heavily. _ , The seed market is still qpiejb, both I in the wholesale and retail business. Fowl Wheat.—There is a good demand, and prices range from 6s 9d a bushel on tracks for good whole wheat. I Seconds are worth about 6s a bushel. I Oats.—Prices are as follow: —GarItons: A grade 3s 9d, B grade 3s 7d, undergrade 2s 6d to 3s, according to quality. Good heavy dark Duns fetch 3s 6d, and light 3s. Algerians: Bright 2s 9d to 2s 10d, feed lines 2s 3d to 2s *-6d, inferior 2s 3d to 2s 6d. The inquiry for Duns is small, and little business is passing. Chaff.—Good bright quality is worth £4 a ton. A fair quantity of light and inferior chaff is offering, but merchants report that it is unsaleable. The nominal value is £2 10s. Potatoes. —The price of f.a.q. Dakotas is nominally £6 Jos to £7 a ton, whites £6 15s to £7. These prices are on trucks, sacks extra. Seed whites are nominally £2, but are unsaleable. Perennial Ryegrass.—Heavy, clean seed brings up to 3s 9d, while inferior is worth 3s to 3s 6d a bushel, according to quality. Western Wolths and Italian are nominally worth 2s 9d to 3s. Partridge Peas. —These are fairly quiet. Number l’s bring 6s, and undergrade 4s 6d to ss. Cocksfoot.—This is neglected at 6d per lb. . Clover.—Red clover is selling _at from lOd to lid, according to quality. Linseed.—Tho price remains at about £l7 a ton.

TIMARU MARKETS. TIMARU, October: 22. Business has been very quiet in the local grain and produce markets during the week, and there is little to report. . . . „ The wheat position is practically unchanged, with small sales of fowl wheat going through at about 7s Id per bushel t.o.b. Undergrade is rather hard to sell at up to 6s 9d per bushel. Some of the southern millers are still wanting a little, and are prepared to pay up to 7s on tracks for Tuscan. Oats are practically the only line m which any interest is being taken, and prices have advanced a little as compared with last week. B grade Garftons are now worth 4s 5d per bushel f.0.b., s.i., equal to about 3s 6d on trucks to growers. Potatoes are rather quieter, with a limited demand, although prices have not receded to any great extent. Whites are worth £7 10s per ton on tracks to growers, but merchants are dealing in them only very cautiously. Chaff is not in great demand, and a good deal is offering from the north. G-ood bright chaff is worth £4 per ton on trades, and undergrade down to £3 10s. , A __ Peas remain steady at late rates. No. 1 quality is quoted at about 6s 3d on tracks. Grass seeds are very quiet, -and there has been no change in values. Merchants blame the wet weather and late spring for the present dullness of the market, but anticipate a little demand in the autumn.

AUSTRALIAN QUOTATIONS. SYDNEY, October 22. Oats.—Prime Tasmanian, white 5s to 5s 3d, Algerian 3s 9d to 4s per bushel. Maize—White 5s lOd, yellow 6s per bushel. _ Potatoes —'Australian £l6 to £l6 10s, New Zealand £l3 to £l4 (per ton. _ Onions—Victorian £26; American, £3O per ton. THE WHEAT MARKET, AUSTRALIAN QUOTATIONS. SYDNEY, October 22. The bulk wheat market is stagnant, 5s lid being offered ex truck in Sydney. . banners’ lots have had occasional 6alea at 5s Sd per busel, ex truck, Sydney, and 5s Id at country stations.

ADELAIDE, October 22. Wheat—Growers’ lots 5s s£d to 5s per bushel. Parcels—ss lid is wanted and 5s lOd per bushel offered. CLEARING SALE AT ANAMA. The N.Z. Farmers’ ’ Co-op. Association yesterday conducted a successful clearing sale on account of Box Bros., Anama. There was a good attendance, and bidding was brisk, all offerings bringing full market values. The following are some of the prices obtained:—

Horses—Aged mare £2O 10s, do. £l6, do. £5, gelding 9yrs £36, do. 9yrs £2B 10s, do. 3yrs (unbroken) £35 K>s, bay filly 2yrs (unbroken) £2l. Pigs—Sow and litter of 8, £lO 10s. Cows.—Dairy cows in profit £B, £7 10s, £7 ss, £7, £6 10s, £6, £5 15s, £5 10s, £5, £4 10s, £4 ss, £4, £3 10s, springing cows £l2 10s, £lO, £9 10s, £8 15s, £8 10s, £8 ss, £B, £7 15s, £7 10s, £7 ss, £7, £6 10s, £6 ss, £6, £5 10s, £5 ss, £5, £3 10s. Implements Binder £8 10s, Planet Juniors, 2 at £2 17s 6d, 1 at £1 ss, plough £5. 3-furrow plough £5 10s, drill £ls 10s. roller £lO, grubber £ll, tripod harrows £9, 5-leaf harrows £5 10s, rotary harrows £5, spring dray £B, drav £8 10s, separator £l2 10s, gig £3 17s 6d.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AG19251023.2.4

Bibliographic details

Ashburton Guardian, Volume XLVI, Issue 10532, 23 October 1925, Page 2

Word Count
921

COMMERCIAL NEWS. Ashburton Guardian, Volume XLVI, Issue 10532, 23 October 1925, Page 2

COMMERCIAL NEWS. Ashburton Guardian, Volume XLVI, Issue 10532, 23 October 1925, Page 2

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