COMMERCIAL NEWS

Ashburton Guardian, Volume 50, Issue 152, 9 April 1930, Page 7

COMMERCIAL NEWS

ASHBURTON STOCK MARKET WEAK TONE PREVAILS. 4 The quality of the fat sheen ofFered at the Ashburton stock sale yesterday was generally inferior to that at the Tinwald sale last week. Prime lines met with a ready sale at firm rates. The total yarding was about 3500, comprising 500 fat owes, 100 wethers, 170 lambs and 2700 stores. Top price for ewes was obtained by Mr O. S. Alington with 17s lOd for five, while the same vendor topped the market for wethers with 27s Id for nine. Messrs J. Sturgeon and Sons, Greenstreet, received 25s Id for a pen of six lambs. Prices additional to those published yesterday were: — Fat Ewes —Ten; at 12s 6d, 17 at 13s 6d, 10 at 12s 6d, 6 at 9s 7d, 10 at 10s lOd, 11 at lOs, 5 at 10s lOd, 10 at 10s 4d, 7 at 13s lOd, J. 5 at 11s Id. Fat Wethers —One at 25s 3d, 7 at 24s 9d, 18 at 26s Id. 14 at 25s 4d, 14 at 24s Od, 7 at 255, 8 at 21s 4d. Fat Lambs—r Six at 16s Id, lat 22s 6d, 28 at 18s 6d, 5 at 23s 9d, 6 at 25s Id, 3 at 20s, 103 at 16s 4d. Store Sheep—. Ninety two-tooth threequarterbred ewes at 19s, 183 six and eight-tooth ewes at 15s Id, 8 two and four-tooth half bred ewes at 8s 3d, 25 two-tooth three-quarterbred ewes at 23s Id, 80 two-tooth and fine threequarterbred ewes at 23s Id, 126 full and failing-mouth halfbred ewes at 8s 3d, 151 full mouth halfbred ewes at 15s, 33 merino ewes at 2s 6d, 85 twotooth halfbred and fine three-quarter-bred ewes at 15s 4d. On account of Mr Armstrong, 300 six and eight-tooth halfbred ewes at 18s, 69 six and eighttooth halfbred ewes at 17s 8d ; on. account client, 125 two-tcoth halfbred ewes at 20s 4d, 209 ewe lambs at 17s 7d, 21 store lambs at 13s 4d, 45 wether lambs at 12s 6d, 90 ewe lambs at 14s, 68 mixed sex lambs at 10s, 88 cull ewe lambs at 7s, 194 Oorriedale wether lambs at 7s, 52 ewe lambs at 10s 6d, 50 fat and forward lambs at 14s lOd, 41 cull lambs at 7s lid, 224 crossbred lambs at 11s Bd, 24 two-tooth halfbred wethers at 14s 6d. A number of aged rams were sold at current prices. GRAIN AND PRODUCE. CHRISTCHURCH MARKETS.

(Special to the “Guardian.”) CHRISTCHURCH, This Hay. The threshing returns which have been made available during the last day or so reveal that the wheat harvest will be heavier than was expected at the beginning of the year. Merchants were then of the opinion that the yield would in all probability not reach 30 bushels, but the progress returns show an average so far of over 31. This has not had any effect on prices as yet, but it is likely that there will be a'slackening of interest in the market. Wheat continues to come forward in good quantities, most of it in execution of forward contracts. Garton oats have been a little more plentiful lately, but there is not a great quantity coming forward locally. There are copious offerings from the south of very good quality, and this lias had the effect of making the market here a trifle easier. Forward quotations for April-September delivery between merchants have been made at 3s 9jid for A grade Gartons recently. Prices to the farmer remain unchanged. The potato market is dull, and for the time of year is remarkably slack. Quotations are unchanged. There has been a small inquiry from Wellington during the last few days, but the market is far from normal. New season’s peas are coming on to the market fairly freely now, and are \ery varied in both yield and quality. There is little demand so far, and prices are poor. A few lines of linseed are now appearing, and are of very good quality. The crop was assisted materially in January by the rain, end the yields are good. New season’s is quoted at £ll I Os to £ls. New season’s white clover is coming on to the market fairly freely, but there is little interest in clover among the trade on account of the large stocks of old stuff still on hand. Onions are now quoted at £2 ss, anl are hard to deal with even at that price. Bran is now quoted at £7, but poliard remains at £7 10s. The following are quotations for produce to be paid to farmers, on trucks, free of commission, sacks extra, except where otherwise stated:— New Season’s Wheat—os 3d to 5s 9d a bushel for Tuscan, 5s lOd to 6s for Hunters, and 6s 2d to 6s 3d for Pearl, for good milling quality. Seconds, wheat 4s to 4s 6d a bushel. Fowl wheat 5s 4d to 5s 5d a bushel. New Season’s Oats—Gartons 3s 2d to 3s 6d per bushel, Algerians 3s 3d to 3s Bd, Duns 4s to 4s 6d. Chaff—New season’s £4 15s to £5. Potatoes (new season’s) —Dakotas £3 12s 6d to £3 15s a ton, for April-May-June delivery. Whites £3 10s. Onions (new season’s) —£2 to £2 5s a ton for March-Aplil delivery. Red Clover —4d to 6d per lb. White Clo.ver (new season’s) —6d to lOd per lb. Partridge Peas. —3s 6d to 4s 3d a bushel. Perennial Ryegrass (new season’s) — 4s 6d to 5s 3d per bushel. Italian Ryegrass (new season’s) —4s 3d to 4s 9d per bushel. Cocksfoot (new season’s) —7d to 9d per lb. Barley—Malting, 4s to 4s 3d a bushel; Cape, 3s to 3s 6d a bushel. Bran—£7 per ton f.o.b. southern ports. 10s extra for smaller packings. Pollard—£7 10s per ton, f.0.b.; 10s extra for smaller packings. Flour—Local wholesale price £l6 5s per ton for 2001 b sacks, with the usual increments for smaller packings. Price for shipment, £l6 5s per ton f.ob. AUCKLAND MARKETS. AUCKLAND, April 8. Potatoes.—There are again abundant supplies of potatoes in Auckland, a very heavy cargo having just arrived from Canterbury. Prices have eased accordingly, and merchants are quoting £7 5s per ton ex the wharf and s's more through store. A _ year ago the price was £9. The quality is reported as satisfactory. Onions are still in over-supply and sell at unusually low prices. Merchants are Quoting £5 10s per ton ex store, and in the auction marts onions can be bought at from Is 6d to 2s per sugar-bag. Oats.—The oats market is steady anfirm. The oats coming to this centre are chiefly from the Bluff and Dunedin, with a few from Timaru. _ Chaff.—Very little ahaff is coming from Canterbury. Local imports are

from Blenheim. Despite reduced consumption, there would probably be an acute shortage, accompanied by very high prices, but for the fact that merchants have been able to arrange for monthly shipments from Tasmania, the first of which is due next week. Wheat.—At this time of the year, when the new southern wheat crop becomes available, merchants JOOIS follower prices, but the Pool appears to have a tight grip on the situation and prices continue firm. To-day’s quotations are 7s 9d, per bushel, ex store. Maize—The local market is still well supplied with South African maize, and there is a ready demand at 6s 9d to 6s lOd per bushel. Bran and Pollard. There is 110 change in the market for bran, but further orders are not being taken for pollard from Australia. Substantial quantities have been purchased for the Dominion in recent months, and' apparently the surplus lias now been absorbed. The. local price has been increased to £lO per ton. Wholesale current prices are: — Pollard and Bran. —Mill prices: Pollard £9 10s per ton, -bran £8 per ton. Merchants’ prices—Australian pollard £lO per ton. Oats—Feed B Gartons 4s lOd per bushel, A Gartons ss; clipped Algerians 6s Gd; clipped Gartons 5s 3d: Wheat.—Fowl wheat 7s 9d per bushel.

Maize— 6s 9d to 6s lOd ex store. Barley—Feed 5s 9d per bushel; seed Cape barley 6s 6cl per bushel. Maize—Meal 14s to 14s 6d per 1001 b, barlev meal 13s per 1001 b. Chaff.—G.b.o.s., £lO 15s per ton, Blenheim or Canterbury; Tasmanian £9 15s. Potatoes. —£B ex store, Pukekohe ; on trucks £7. Onions—Pukekohe £4 10s per ton on trucks, £5 10s ex store. BRISBANE WOOL SALES. BRISBANE, April 8. The wool sales opened with keon Continental competition, and prices were 5 per cent, higher than at the March sales.