COMMERCIAL NEWS

Ashburton Guardian, Volume XLVII, Issue 10808, 31 December 1926, Page 7

COMMERCIAL NEWS

GRAIN AND PRODUCE. THE ASHBURTON MARKET. As is usual at this time of the' year, there is very little activity in the grain and produce market. ' The heavy rams of the last week were not welcomed by farmers and the harvesting of the new cops has been, further delayed. The demand for wheat is for small orders only mainly for fowl feed, and there is no business passing with North Island merchants, who are being kept going with .shipments of Canadian and Australian wheat. ' The oat market is unchanged, and merchants are buying only on a hand-to-mouth basis. Owing to the wet weather it will probably be a fortnight before any new samples are offering locally. . The chaff market is quiet and prices show an easing tendency. The same applies to grass-seed genferally. . , , The following prices are quoted on trucks, country stations, sacks extra, unless otherwise stated:—• Wheat.— Milling Tuscan nominally Oats.—"A" grade Gartons 2s 9d to 2s lOd, "B's" 2s 7d; Algerians, good quality seed (old season's) 2s 9d, feed 2s 3d; good dark, heavy Duns 3s, medium 2s 9d, feed 2s 6d, Grass-seed. —Perennial 3s 3d to ds bcl for best quality, and 2s for Western! Worths and Italian. Cocksfoot 6d per lb for good samples. Barley.—ss per bushel for good quality, 4s for feed. Chaff.—£s 5s peil ton for good, bright oatsheaf. AUSTRALIAN QUOTATIONS. SYDNEY, December 30. ' Wheat.—4s 9Jd per bushel at coun- ' try Stations, equal to 5s 5d on trucks, Sydney. Flour.—Local, £l3 10s iper ton; for • export, £l2 5s f.0.b., sacks basis. Oats.—Tasmanian white giants 4s 3d to 4s sd, Algerians 3s lOd to 4s per ) bushel. ] Potatoes.—£24 to £26 per ton. Onions.—£9 per ton. Owing to the rain, prices for green ( vegetables have fallen heavily. \ ADELAIDE, December 30. Wheat.—Growers' lots: December, 5s January, 5s 3d per bushel. Parcels nominally 5s 4d per bushel. Flour.—Bakers' lots £l4 to £ls per ton. J Oats.—2s 4d to 2s 6d per bushel. DAIRY PRODUCE. OVERSEAS QUOTATIONS. WELLINGTON, December 30. j The New Zealand Dairy Produce Board has received the following cable- j gram from its London office, dated De- c cember 24: — i Butter.—New Zealand finest 1745, j first grade 1725, unsa'lted 182 s per cwt. -, The market is firm with an upward <■ tendency. There is little demand in the j meantime for stored butters. Australian 164 sto 170 s, Canadian 164 s to t 1655, Argentine 154 s to 160 s, Dutch s 180 sto 184 s, Danish 173 sto 182 s per r cwt. Retail prices are unchanged, but v a good demand is anticipated after t Christmas. In France the market is unchanged. Cheese. —New Zealand white and coloured finest 965, first grade. 955; Canadian white and coloured 94s to 965, exceptional 98s per cwt. The market is quiet with little demand at the moment. Retail prices are unchanged. The Board has since received a cablegram from London, dated December 28, stating that cheese prices have been reduced by 2s per cwt. The Board has also received the following cable advice from its agents in ti Canada:— E

Butter.—Vancouver 44 cents (Is lOd), San Francisco 50 cents (2s Id), New York 52 cents (2s 2d), Montreal 40 cents (Is 8d) per lb.