COMMERCIAL NEWS

Ashburton Guardian, Volume 51, Issue 130, 14 March 1931, Page 7

COMMERCIAL NEWS

FRUIT AND PRODUCE. THE ASHBURTON MARKETS. YESTERDAY'S PRICES. 1 ! There is still a good supply of fruit coming forward to the Ashhurton markets. Apricots are still coming forward in small quantities, and there is a good supply' of freestone peaches. At the present time there is a glut of tomatoes on the market. Prices realised at sales yesterday were : Apricots—2Jd to 3d per lb, 2s to 4s (id a case. Freestone, Peaches—3d to 3Jd. per lb, 3s to 4s (id a case. Apples—Cox's Orange Pippin 8s Cd to 10s a case"; Worcester Pcrmain 8s to 9s a case; cooking apples IJd to 2id per lb. Plums—lsd to 2.kl per lb. Greengages—2d to 2UI per lb. Nectarines—2d to 2.U1 per lb. Grapes—ls to Is 3d per lb. Potatoes—33d to id per lb. \ Onions—ld per lb. Tomatoes—lid to 3d per lb. CRAIN AND PRODUCE.

CHRISTCHURCH MARKETS. (Special to "The Guardian.") < CHRISTCHURCH, This Day. There', has been, a slight steadying down in the amount of wheat offering, but a good deal is still coming in from the country. Although the harvest in well under way, there is still a good deal going oii>. Millers are still buying. The market for both potatoes and onions is* very «dull. The importation of Victorian onions has had a. disastrous effect on the local market, and orders are-very few and far between. The following are quotations for produce to be paid to farmers, on trucks, free of commission, sacks extra, except where otherwise stated:— Wheat— 5s 3d a bushel for Tuscan, os 3d for Hunters, and 5s 4d to 5s 5d for Pearl, for good milling quality. Fowl Wheat—4s 3d to 4s 6d a busliel; second quality, 3s 6d to 4s a bushel. Oats—Gartons, 2s to 2s 3d a bushel; Algerian, 1« 9d to 2s. Chaff—£2 15s a ton. Potatoes—£3 a ton. • Onions—£4 a ton for March-April i delivery. Red Clover—4d to Gd per lb. White Clover—6d to 9d a lb. ' Ryegrass—Perennial, 2s 6d to 3s; Italian and Western Wolths Is 9d to 2s a bushel. Cocksfoot—3d to 4d a lb. Bran.—Local, £5 10s a ton; ship'ping £4 10s a ton; 10s extra for smaller packings. Pollard—Local £0 5s a ton; shipping, £4 15s a ton; 10s extra for smaller packings. Flour—Local whplesale price £lO 15s per ton for 2001 b sacks, with the usual increments for smaller packings. Price for shipment, £lO 15s per ton, t.o.b. 'DUNEDIN. DUNEDIX, March 13. More activity is now displayed in the wheat market. The market has been .affected by cheaner'offerings from, Canterbury, where Tuscan is being sold at 5s 3d per bushel, sacks extra, on trucks, with Hunters realising very little more. The fowl wheat market is quiet with merchants still content to work from hand to mouth. .Lines of wheat rejected by millers as not being up to standard are more than sufficient to meet the demand. The price may be given as 5s per bushel, sacks extra, ex store. Owing to unsuitable weather during the past few weeks, the thresh- ; ing, of oats has not yet commenced in this* district. It is too early yet' to say what the total returns will he from the oat crops this season. New season's chaff is now available from Canterbury at considerably lower values than those ruling at this time last year. The local, market at present is in a state of ilux. Values are in the vicinity of £5 a ton, supplies now on their way to the market will be available at round about £4 10s per ton, ex truck, Duiiedin, sacks extra. The spell of fine weather is resulting in heavier supplies of potatoes being sent to the market. Good quality tubers are worth up to £5 per ton. The market is weak. Samples of new season's farmers' dressed ryegrass are becoming general from Southland. The quality, however, is disappointing. The unseasonable weather has affected the weight of the seed and discolouration is also noticeable. Fescue is in demand! for early shipment to America. The quality of the dogstail crop will be much inferior to that of the last two or three seasons. The crop is also expected to be on the short side. MELBOURNE QUOTATIONS. MELBOURNE, March 13. Following are the market quotations : Wheat—2s 3d to 2s 4d a bushel. Flour—£6 17s to £7 a ton. Bran—£4 a ton. Pollard— £4 15s a ton. Oats—ls lOd a bushel. Barley—English 2s 3d to 2s 4d a bushel. Maize—3s-9d to 3s lOd a bushel.

CHICAGO.; WHEAT MARKET. NEW YORK, March 12. Chicago wheat quotations are: March 79J cents. Ma-v; 8.3 cents, July G4-J cents, September' G 42 coals per bushel. LONDON MARKETS. LONDON, March 12. Wheat—Following better overseas advices, sellers of cargoes raised their prices 2Jd and od. Trading is quiet. Part of the Kurdistan's cargo for Rotterdam .brought 20s 9d ; and AngloAustralian, for Antwerp. 21s. Parcels are in quiet request ai an advance of 3-Jd bo .'ld. lox tJnden 21s to 21s l.kl; King Stephen, 21s 9<l; ex an unnamed New South Wales bulk, April shipment, 20s 9:1; ex Baron Fairlie, 2,15; ex City of Glasgow, 21s. Futures:—London: April 10s lOd,

June 20s per quarter. Liverpool: March 4s 2Jd, May 4s 4gd, July 4s Giu* October 4s 8:icl per cental. The spot trade is quiet and prices are maintained; Australian, ex ship, 22s fid to 24s Gd. Flour;—Firm. Australian ex store, i3s fid to 19s. Oats are slightly easier. Peas and beans are steady. Beet sugar, April delivery, Cs per cwt. ' DAIRY PRODUCE IN LONDON. LONDON, March' 12. Butter.—The market is slow. Quotations are : Danish 138 s to 140 s; choicest salted, New Zealand 118 s to 1205,; Australian 117 s to 118 s; unsalted. New Zealand 124 s to 130 s; Australian 122 s to 12fis. Cheese—The market is slow. Quotations are:— New Zealand, white sfis, # coloured 58s; Australian, white 555, coloured 56s to 575.