COMMERCIAL NEWS

Ashburton Guardian, Volume 50, Issue 83, 18 January 1930, Page 7

COMMERCIAL NEWS

STOCK AND PRODUCE. THE ASHBURTON MARKETS. A larger variety of vegetables, fruit and produce than has been the case for some time was offered at the Ashbfirton market yesterday. The first of the new season's crop of apples was offered, cooking varieties realising 2d and dessert 3d per lb. 'A fair quantity of peaches sold at from to 3|d according to grade. Only a few apncote were offered. A good supply of gooseberries is maintained, but raspberries are not offering in the same quantities. Tomatoes showed an increase, but prices were slightly, in advance of previous rates. The supply during the next week is expected to still increase, and it is estimated that values will become normal again. Black currants' have almost disappeared from the market. There was a good yarding of pigs and poultry, which sold at iirm rates. Values were:

F ru it._Peaches 2-Jd, to 3>d, apricots 3d to 3Jd, apples (cooking) 2d, (dessert) 3d per lb. Rasoberries lOd, cherries 8d to 10U, trooseberries 2d, black currants 4d and 6d lb. Produce.—Potatoes lid to ljd lb. Lettuces and 2d each, cabbages 3d and Jd each. Peas Is 6d peck. Rhubarb 6d bundle, beet 3d bundle. Onions 2Jd lb. Tomatoes 8d and 9d lb. Pigs.—Weaners 17s to 245, stores 28s to 325, porkers 40s to 50s, baconers G2s 6d to 80s. '• Poultry.—Hens Is to 4s Gd, roosters 3s Gd to 5s 6d, ducks 4s to 6s; all per pair.

GRAIN AND PRODUCE.

CHRISTCHURCH MARKETS. (Per Press Association.) CHRTSTCHURCH, This Day. Very little activity is reported at present in the grain and produce mar kets, the mew season's crops not yet having come to hand. Forward buying cf potatoes has been small, as there arc few inquiries vet from outside. It is not expected that there will be an increase in activity for about another ( month, when, the new crop will be, making its appearance. Forward buying of onions has also beem very restricted, and no change in prices has been noted. It is as yet too early tor the new season's crop, which is in fairly good 1 condition so far, although more rain will probably have a bad < effect. ' .-. Very little is doing at present with wheat which has not changed in price during the week. Till the new season s crop is in, merchants do not anticipate any change in the market. The exceptional weather has produced much more rain than is needed, and is consequently delaying things. The harvest is already late, and if the crops are kept in the stook much longer on account of Jhe weather, some harm is. bound to result. The new season's oats are expected to come on the market next week, when activity will commence At present there are practically) iio stocks of last year's crop left, and business has been very limited. During the last few days there has been, a fair demand tor fowl wheat 6s lid and 6s 2d f.o.b. There is a fair inquiry for chaff, which is being quoted at £5 10s on trucks .at country sta-' tions, equivalent to £7 10s f.o.b. Lyttelton, .sacks in. The following are quotations for produce to be paid to farmers, on trucks free of commission, sacks extra, except where otherwise stated: — "Free" wheat us gd to 5s lOd per bushel for Tuscan, 6s for Hunters, and 6s 3d for Pearl.

Oats—Gartons 2s lOd to 3s 2d per bushel, Algerians 2s 8d to 3s, and Duns 2s 9d to 3s 3d. Chaff—£s 10s per ton. Potatoes (new* season's) —Dakotas £3 15s to £3 17s 6d a ton, whites £3 12s 6d to £3 15s a ton. For April-May-June delivery.

Onions (new season's) —£3 15s. a ton. For March-April delivery. Red Clover —4d to 6d per lb. White Clover —6d to Is per lb. Malting Barley—3s 6d to 4s per bushel.

Cape Barley—2s 9d to 3s per bushel. Partridge Peas—4s to 4s 6d per bushel. •

Perennial Ryegrass—3s 9d to 4s 9d per bushel. * Italian Ryegrass—3s Gd to 4s 3d per bushel.

Cocksfoot—6d to 8d per lb. Linseed—£l6 to £l7 per ton. Bran—£6 10s per ton f .o.b. southern ports, 10s extra for smaller packings. Flour —Local wholesale price £l6 5s per ton for 2001 b sacks, with the usual increments for smaller packvngs. Price for shipment, £l6 5s per ton f.o.b.

BRADFORD WOOL TRADE. LONDON, January 16. At Bradford the market is quietly steady on the lower basis, but little business is offering. Tops quotations are as follow:—■

64's 30d, Go's'2BJd, 56's 23d, 50's 19jd, 46's 17Jd, 40,'s IGJJd.

LONDON DAIRY PRODUCE. LONDON, January 16. Butter.—Market quiet. Danish lG5s ; choicest salted New Zealand, 152 s to 1545; Australian 1 ,148 s to 150 s; unsalteds. New Zealand 174 s to 1765, Australian 158 s per cv, - t. Cheese is slow of sale. New Zealand, coloured 84s, white 80s; Australian, coloured 82s to 83s iper cwt.

LONDON WHEAT REPORT.

LONDON, January 16

Cargoes are dull and prices have declined' by from Gd to 9d owing to lower American quotations. Parcels are obtainable at from Gd to 9d down, but the market closed with steadier condition's.

Futres in London are quoted :—January 47s Gd, March 47s Gd, May 47s Gd per quarter. At Liverpool futures are quoted:— March 9s 2d, .May 9s s£d, July 9s 7|d per cental. Spot trade is slow. Australian ex ship 49s Gd per quarter.

VICTORIAN QUOTATION. MELBOURNE, January 17 Wheat—ss 2Jd per bushel.

CHICAGO QUOTATIONS

NEW YORK, January IG. Chicago wheat quotations:—March 1222. May 126§, July 127| cents per bushel.