COMMERCIAL NEWS

Ashburton Guardian, Volume 48, Issue 157, 14 April 1928, Page 2

COMMERCIAL NEWS

stock: ahd produce. THE' ASHBURTON MARKET. There was a fair attendance of buyers at the produce market yesterday, when prices showed a steadying tendency. Competition was uniformly good Potatoes have dropped m: price. With the exception of peaches, all stone fruit has disappeared from the market. The yardings of both pigs and poultry was comparatively small. There was a big attendance but bidding was poor, there being practically no demand for Pl Th© prices were Fruit and vegetables: Tomatoes Id to 2Ad per lb, onions 11 d, marrows Id, dessert apples 2id, 3d, cooking 3d, quinces l|d, years lid 2d, peaches. 2£d to 3d. Cabbages 4d to 6d each, melons 6d, potatoes 11s pier sack, parsnips 3s per bag. Poultry—Hens 3s to 4s 2d, roosters 2s 8d to 5s 6&, ducks 4s 9d to 5s 7d ail per pair. Pig's—omall we&fniers 5s to* Bs, weaners 10s 6d to 12s, fats £3 to £3 ss. >

SALE OF HORSES. A special sale of horses on behalf of Mr W. J. Taylor, Ashton, was conducted by the Farmers’ Co-operative Association yesterday, and some very good prices were obtained. The prices W °Bay gelding syrs £62, brown gelding 6yrs £4O, bay gelding 4yrs £55, black gelding 4yrs £52, bay gelding 4yrs £45, brown gelding 4yrs £37, bay gelding 4yrs £44. t)ne bay mare 6yrs 44gs, 1 bay mare 3yrs 57gs 1 bay mare 3yrs 41gs, black mare 3yrs 50gs,‘l bay mare 4ys 37gs.

grain and produce. CHRISTCHURCH MARKETS. f —- CHRISTCHURCH, This Day. During the past week business has been very quiet in the grain and produce market. The offices were closed for the Easter holidays at the beginning of the week, and the broken weather experienced recently has interfered with threshing operations and the delivery of produce from the country. . - , . There has been an improvement m the wheat market. A week or two ago the best price that was being ottered for Tuscan wheat was 5s 6d a_ bushel on trucks. To-day this is the minimum price that is being offered, and it is reported that some Tuscan has been sold at 5s 9d, though this is an outside figure. Sales of Hunters have been made at 6s a bushel on trucks. Wot a great deal of wheat is offering from the country. This is probably due m part to the fact that threshing operations have been interfered with by the recent wet weather. There are no changes to report with regard to oats. The offerings Bom the country are light, and, while this is so, prices should remain firm, Best A grade Gartons are still worth 3s Id a bushel oil trucks.

The market for potatoes is easier. The prices that are being offered tor delivery this month now rang© from . £6 10s to £3 15s a ton on trucks, which is equivalent to £4 15s to £5 a toil f.0.b., si' For later delivery the on-trucks price is £3 10s. The easing in the price of potatoes is due to the fact that the Auckland market has been over-sup-plied. The last boat to sail from Lyttelton for Auckland was the l\aipiata, which got away on Thursday. She had on board 4500 sacks of potatoes. It will be seen, therefore, that the- Auckland market is being kept well supplied j with potatoes, and, while this is the case, prices are not likely to improve much. It is reported that a good many of the potatoes sent to Auckland by the Wingatui, the boat before the Waipiata., were landed in bad eondition. This is probably due to the length of time that some of the potatoes were in the hold. The loading or the Wingatui at Lyttelton was spread over several days, and further, as she arrived at Auckland on Easter Sunday, it was Tuesday before she unloaded. The next boat for Auckland is the Kurow, due to sail about the end of next week. Farmers are not selling potatoes very freely. After the high prices that ruled for prompt delivery last month, they, are not keen on accepting the present figures. The market for onions is very “sick.” Yesterday the price was down to £4 a' ton on trucks at country stations. The whole trouble is that the demand for onions is very poor and merchants are receiving hardly any orders at all for them. The Auckland market is reported to be heavily supplied with onions, and, as is the case here, the demand is poor. Growers are showing considerable anxiety to sell onions. In fact, there has been something of a rush to sell and this naturally has not helped to maintain the price. Partridge peas are quoted at 6s 9d a bushel f.0.b., s.i., April-May delivery. To the farmers they are worth from 5s , 9d to 6s a bushel on trucks. The demand for autumn sowing being finished, there is not much inquiry for'seeds. Business in all varieties of seeds? is quiet, with prices the same as last week.

The following are quotations for produce to be paid to farmers, on trucks, free of commission, sacks extra, except where otherwise stated: — Wheat—Tuscan 5s 6d to 5s 7d per bushel; Hunters, 5s 9d to 6s; Pearl, 6s. Oats —Gartons 2s lOd to 3s Id per bushel; Algerian, 2s 6d to 2s lOd, Duns, 2s Sd to 3s. Chaff—£3 5s to £3 10s per ton. Potatoes —£3 10s to £3 15s April delivery; £3 10s May-June delivery. Onioms—£4 per ton. Red Clever—7d to 9d per pound. White Clover —6d to 8d per pound. Bariev —3s 6d to 4s per bushel. Cape Bariev—2s 9d to 3s per bushel. Partridge Peas—6s per bushel for prompt delivery ; 5s 9d for April deuvery; Perennial Ryegrass—3s 3d to 3s 9d per bushel. nl Italian Ryegrass —2s to 2s id per bushel. < Cocksfoot—7d to 8d per lb. Linseed —£15 per ton. Bran —£6 10s per ton f.o.b. southern ports 10s extra for smaller packings. Pollard —£8 per ton f.o.b. southern ports; 10s extra for smaller packings. Flour. —Local wholesale price £l7

10s per ton for 2001 b sacks, with increments for smaller packings. Price for shipment, £l7 10s per ton, freight paid! to main New Zealand ports. i DUNEDIN.

DUNEDIN, April 13. (Per Press Association.) There is no change in the wheat market. Millers are still refraining from buying, and farmers are declining to accept current quotations, namely 5s 6d on trucks, country sidings for Tuscan, and 5s 9d for Hunters, sacks extra. Very little Velvet is offering, and any lines true to name are saleable at 6s 6d on trucks. The fowl wheat market is also quiet. The quantity oifering is increasing, and it is difficult to make sales. Merchants are working from hand to mouth, and there are no uiiipiping enquiries, consequent on Canterbury under-quoting this port. T'ae nominal quotation locally for good fowl wheat is 5s 9d per bushel, sacks extra, ex store, whereas the shipping quota tion from Canterbury is 5s 7d f.0.b., sacks &xtra. The oat market remains firm. Shipping enquiries are not so plentiful, but merchants are still prepared to buy from farmers at late rates, 3s sacks ex fcra, on trucks country sidings for Ah and 2s 9d for B’s. The quantity of oats offering is a good deal less than in previous years. The shipping quotation is 3s f.o.b., s.i., for A’s and 3s s£d for B’s. I The chaff market is hare of supplies. Good quality is readily saleable at up to £5 10s per ton, sacks extra, ex truck. Consignments are being drawn from Canterbury. It is expected rha+ local supplies will increase in the near future as more chaff is now ready, foi the market, the sheaves having been stacked for the necessary period. The digging of potatoes is more general throughout the various districts, and consignments have been increasing. The supply is more than equal to the demand, with the result that sales are hard to effect. Good quality tubers are on offer at £5 lCs per ton, sacks included, ex truck. The yields are turning out well, and it is expected that the quantity available will be more than sufficient for requirements for some time to come. The seed markets are quiet, but prices remain firm. Ryegrass seems to be in short supply, and it is difficult to obtain quotations from the southern merchants. Prices are ruling higher • han those of last season. The cocksfoot market is also firm, and as no Danish importations are coming to New Zealand, it is expected that all the cocksfoot that has been saved in New Zealand will be readily placed. LONDON MARKETS.

LONDON, April 1 12. ■Wheat-Influenced by American cables, the cargo market is firm, sellers demanding an advance of 6d. There is a good demand for Australians. Parcels are in active demand at an advance of from 6d to Is. Parcels ex Ceramic sold at 545, ex Delphic at 54s 3d, ox City of Hankow at 54s lid, and ex City of Mandalay at 54s net. At Liverpool, futures are quoted:—May 10s 9|d, July and October 11s per cental. Spot trade is firm. Flour—Australian ex store 38s od per sack. Oats and barley are steady, and the demand for peas and beans is firm. — Australian Press Asocsiation.

DAIRY PRODUCE IN BRITAIN. LONDON, April 12. Butter. —The market is slow. Danish 178 s to 180 s; choicest salted and unsalted New Zealand 168 s; exceptional 1725; Australian 160 sto 162 s per cwt. Cheese. —The market is quiet. New Zealand 96s to 98s. —Australian Press Association and United Service.