COMMERCIAL NEWS

Ashburton Guardian, Volume 50, Issue 155, 12 April 1930, Page 11

COMMERCIAL NEWS

THE PRODUCE MARKET. THE ASHBURTON MARKET. There was a big supply of fruit and produce at the weekly market yesterday. The supply of tomatoes is falling away and prices showed a sharp rise. There was a fair yarding of poultry, hut few pigs were offered. Sales were : Fruit—Apples, cooking 5s to 6s, dessert 9s and 10s; peaches os Gd and 6s 6d a case, pears 1-Jd to 2£d per lb. Produce—Tomatoes -13 d and sd, onions fd lb. Swedes—2s 3d sugar-bag. Peas—ls 6d a peck. Marrows—6d and ls eacb. Cabbages—4d and 6d Wheat—Seconds 16s. Poultry—Hens Is 6d, roosters 3s 4d to 6s Id, ducks 4s lOd to 6s per pair; turkeys 5s 9d to 10s each.

GRAIN AND PRODUCE. CHRISTCHURCH MARKETS. CHRISTCHURCH, This Day. • Wit)i the continued spell of fine weather, farmers have' been able to attend to threshing and delivering of their* crops without interruption, and the end of the season is now in sight. There are still fairly heavy deliveries being made, most on forward order, but the small amount of free wheat amongst the lot turned over is saleable, although not keenly sought after. Prices remain unaltered. Very small offerings of oats are coming forward locally, although there is reported to be a good deal still in stack. With the prospect of a further shortage of feed, farmers' are liot too anxious to thresh out their oats, as they may need them later in the year. Quotations are unaltered, but the market for forward delivery is inclined to be firmer. Tores king of peas is going on well m the dry weather, and some heavy crops are recorded. The quality lias been found extremely variable *this year. The demand is very limited. The onion market, which has been in a very low condition for some time, showed a further drop 10s ® ton to 35s this week. It is a good many years since onions have been so low, and even at the price ruling now they are very hard, if not impossible, to get rid of. There are signs of 'more life in the potato market, as the Auckland inquiry nas shown signs of recovering during the last few days. Quotations are unaltered, but Auckland, merchants have made inquiries here more freauently during the last few days. Linseed is offering more freely now, and merchants report that there are some very good lines among those coming forward. There is also a fair .proportion of dirty stuff. There appears to be more free linseed to be had this year. Quotations for f.a.q. are £l4'los a ton. There is still a moderate autumn demand for cocksfoot and ryegrasses, for which the quotations are unchanged. Bran is now quoted 10s a ton dearer at £7 10s a ton, and pollard remains at £7 10s. . . , The following are quotations for produce to he paid to farmers, on trucks, free of commission, sacks extra, except where otherwise specified : New season’s wheat —5s 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 Reason’s oats—Gartons 3s 2d 3s 6d per bushel; Algerians 3s 3d to 3s 8d; Duns 4? to 4s 6d. Chaff—New season’s, £4 15s to £6 a Chaff—New season’s, £4 15s to £5 a Potatoes (new season’s) —Dakotas £3 12s 6cT to £3 15s a ton for April-May-June delivery; white, £3 10s. Onions (new season’s) —£2 to £2 5s a ton, for March-April delivery. Linseed (new season’s) —£14 10s a ton. _ Red Clover—4d to 6d - k clover (new seasons) —6d io lOd per lb , J Partridge peas —3s 6d to 4s 3d a bushel. ‘ Perennial ryegrass (new season s)— 4s 3d to 4s 9& a bushel. Italian ryegrass (new season’s) —4s 3d to 4s 9d a bushel. Gocksfoot (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 10s 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 a ton for 2001 b sacks, with the usual increments for smaller packings. Price for shipment, £l6 5s a ton, f.o.b. DUNEDIN.

DUNEDIN, April 11. The change in the feather, fairly general throughout the South Island, as held up the threshing of wheat to some extent in’ some districts. However the rainfall was slight, and it should not be long before offerings are again on the market. A good deal of wheat is still in stook, There is practically no alteration in the market except that millers are showing more inclination to buy Tuscan. Hunters is fairly plentiful, and Velvet seems to l>e in over-supply. The latter variety is difficult to sell, as millers are not using nearly the same quantity in their mixtui’GS <vs in tliG p£ist. Tlig \ alnes following are on the same basis for free wheat as Pool wheat, namely, 6s 3d. fob. sacks extra for Tuscan, os Cd for Hunters, and 6s 7d for Ve.vet. , These prices are equivalent to ; s Bd. 5s lOd, and 6s Id respectively on " trucks, country sidings, sacks extia. They vary, however, according lo distance of loading stations from ti e pci t. N It is now q.uite apparent that a! milling wheat in Otago district will lo absorbed by millers without any :.:fsrulty. Fowl wheat continues ni short supplv, and merchants are °atisoed to work'from hand to mouth in the meantime. . . . , , The oat market remains fairly him. There is practically no business being done with the North Island, but «he inquiries from Canterbury merchants are keeping the market steady. Heports from all southern districts state that there will he heavy yieios. and lhat. this will he one of the best harvests for oats experienced for at 'east ten years. The present value to farmers is 3s 2d per bushel, sacks extra, on trucks at country sidings, for A’s, and 3s for B’s. These prices are equivalent to 3s lOd f.o.b.s.i. for A’s, and 3s 8d for B’s. The chaff market continues civet. Occasional orders are received from feeders for truck lots, hut in some instances the chaff has had to ne taken into store on account of lack of de-

maud. Best quality is worth from £5 os to £5 10s per ton, sacks extra, ex truck. . .

Potatoes have still been arriving in excess of the demand, and sales have been difficult to make. There is not a great deal of buying by merchants at present, and a fairly large quantity has been placed in stores. Yields in most potato-growing districts in Otago are very heavy, and there will be abundant supplies this season for New Zealand requirements. Light rains have fallen in the North Island, but they have not caused an increased inquiry for seeds for sowing out. High prices have been paid for ryegrass, on the assumption that the crop will be a short one, hut with curtailed operations there should be ample stocks to go round. In the meantime there are no quotable changes in the prices of any varieties of seeds. LONDON QUOTATIONS. LONDON, April 10. Wheat.—Cargoes are firm. Sellers are asking an advance of 6d to 9d. Parcels opened firmly at 6d to 9d dearer and closed quietly. Futures—London : Mav, 38s 9d; July, 39s 3di per quarter Liverpool: May, 8s 2§d; July, 8s 4id net; October, Ss 7Jd net per cental. The spot trade is fairly active Australian ex-ship made 42s 6d. Flour is quiet. Australian ex store is quoted at from 16s to 17s. . Oats.—The market has an unproved tone. Australian Algerian is quoted at from 16s to 17s. Peas dull! Quotations are:—Blue: Tasmanian, 260 s to 280 s. New Zealand, 240 s to 2605. Maples: Tasmanian, 60s to 62s 6d; New Zealand, 50s to 555. Beans steady. New Zealand are quoted at from 37s to 38s.

DAIRY PRODUCE IN LONDON. LONDON, April 10. Butter. —Danish, 136 s a cwt. Choicest salted New Zealand, 134 to 138 s; Australian, 123 sto 1245. There is a demand at the lower level. Traders are filling Easter requirements, and some multiple shops are retailing New Zealand at lid a pound. Cheese—The market is dull. New Zealand, 71s tp 78s; Australian, about 70s per cwt. The Australian and New Zealiuid Produce Board announces that importers have decided to sell best Australian and New Zealand butter at 118 s to 122 s per cwt. BRADFORD WOOL TRADE. LONDON, April 10. The Bradford tops market is very firm, but business is restricted on account of labour troubles. Quotations: —

FARMERS’ HORSE FAIR. There’Nvas a good entry at the Horse Fair held by the New Zealand Farmers’ Co-operative Association, Ltd., yesterday afternoon. A satisfactory sale resulted, prices being as follow: Black gelding, aged, £ll 10s; chestnut gelding, aged, £l6 10s; bay geldings, syrs £33, Byrs £25, 9yrs £l7. aged £9 10s; brown mare, 4yrs. £10; bav mares, 9yrs £3l, syrs £2B, 7yrs £22. aged £lO, 6yrs £l3 10s; black mare, 9yrs, £23 ; grey cob £lO 10s.

64’s April 10. d. 28 April 3. d. 27 60’s 26 25 56’s 204 20 50’s 174 17 46’s 15i , If 40’s 15 ' 144