COMMERCIAL NEWS

Ashburton Guardian, Volume 52, Issue 205, 11 June 1932, Page 7

COMMERCIAL NEWS

FRUIT AND PRODUCE. THE ASHBURTON MARKETS. Apples are coming on to the Ashburton market in good supply at present, but the demand is only fair, prices being down a little. There are fair supplies of vegetables and cauliflowers coming in from the south, and these are meeting with a fair demand. Prices realised at sales were as follow: Apples—Delicious 7s to Bs, Jonathans 5s 6d to 6s 6d, Wolseleys 5s to 6s, Sturmers 5s to 6s, a case • cooking,' 4s to 5s a case. Pears—2s to 2s 6d a 201 b case. Potatoes—los a-sack. Oniqns— a lb. Cauliflowers—4s to 6s a dozen. Parsnips—2s Gd a sugar-bag. Cabbages—3s to 4s a dozen. Carrots—2s a sugar-bag. Swedes—2s a cental bag. Bacon—Bd and 9d a lb. GRAIN AND PRODUCE. CHRISTCHURCH MARKETS. (Special to the "Guardian.") CHRISTCHURCH, This Day. The potato and onion markets still maintain the firmness which lias been apparent for the past fortnight. During the week there has been a steady , demand for potatoes from all parts of the North Island, and the large shipment which arrived there by the Waipiata had no depressing effect The shipment arrived to a bare market and. sales ex the wharf were well up to expectations. The f.c>b. price for Junes is £6 10s. This gives a return to the, farmer of £5 5s and for close stations a little more. Quotations for delivery to the first two weeks in July are equivalent to £5 15s to £6 to the farmer. The July-September f.o.b. quote is £7 10s. Prompt Dakotas have been sold at £6 2s 6d to £6 ss, f.0.b., to Wellington and there has been a fair demand. Auckland has sent forward 'orders for Dakotas, and sales have been made at £6 15s, f.o.b. The Auckland demand for Dakotas is unusual. In spite of the rise in prices, farmers are not yet displaying any great keenness to sell, and the market is altogether in a very healthy condition. During the week there has been a very large increase in the offers made for onions. The standard rate appears to be £l6 10s on trucks, and the f.o.b."price ranges from £lB to £2O. Farmers who still onions are reluctant to sell, but there appears to be a fair quantity left. Any onions held now need careful picking oyer before a good 'sample can be obtained, and farmers are riot anxious to get rid of what they are holding. The rest of the markets are very quiet:." - " '" "''"' ' . The following are prices to be paid to farmers on trucks at country stations unless otherwise mentioned:— 4s B£d, Hunters 4s lOd, Pearl os o£d, f.o.b. Fowl Wheat— Prompt 4s Bd, t.0.b., spread delivery, 4s 9d, f.o.b. Oats—Gartons, A grade 3s, B lOd, Algerians 3s to 3s 3d. Chaff—£3 12s 6d a ton. Ryegrass—Perennial 4s to 4s del; Italian and Western Wolths 3s 9d to Cocksfoot-Plains, 4d to od; AkWoa 6d to 6*d. p eas —ss to 5s 3d. Onions—£l6 10s a ton. Potatoes— Prompt, £5 to £5 5s a ton, on trucks; -July&eptenrber, £7 10s, f.o.b. \ '..-I'. ok Bran—£4 a ton for shipping, £5 a ton local. . . „ ft Pollard—£s a ton for shipping, £b 10s a ton local. Flour—£l3 12s a ton, with the usual increments for smaller packings.

DUNEDIN MARKETS. DUNEPIN, June 10. Wheat.—The milling wheat market has reached a stage where there are practically no offerings. An occasional small lot of milling quality Comes to hand and is readily taken up by millers at the fixed pricess for June, namely, on the basis of 4s 6d f.o.b. for Tuscan, 4s lid for Hunters and 5s Id for Velvet. The fowl-wheat market is firm. Distributors have fair stocks and these are moving off slowly. There is not the same quantity of fowl wheat selling around the town as in previous years. Value of best quality-is 4s 6d per bushel, sacks extra, ex trucks, Bunedin. A fair quantity of wheat has already been sown for next season's harvest, as farmers have been taking advantage of the favourable weather conditions to get their wheat in early. Indications point to a larger sowing-down than in previous years. . Oats.—-The, market continues quiet, with no alteration in values. An occasional order is being received for shipment but there is not the demand for any great quantity. A Gartons are worth 3s Bd, f.0.b., s.i., and B's 3s 4d, Undergrade is worth 3s 2d to 3s 3d, but is not in demand, orders received being chiefly for grade lines. Chaff.—Not much business is passing in chaff and there is no alteration in prices. For truck loads the value is £4 10s per ton, sacks extra, ex Potatoes.—The market has firmed during the week, following on the inclination of Canterbury growers to hold their supplies. The result has been that some merchants who have had to purchase potatoes to meet orders have had to pay higher prices. This has been reflected on the local market and today's value for good quality tubers is from £5 5s to £5 10s per ton, sacks Seeds.—The markets are lifeless, with practically no business gome through. This position applies to both wholesale and retail markets. Merchants are waiting for the spring de-

mand to develop. Orders from overseas are still being sought, but the response is only for small lots. LONDON/ MARKETS. LONDON, June 9. Wheat—Demand for cargoes inactive and prices 6d down. Parcels are poorly supported at 3d to 6d lower. Spot trade, Australian, ex ship, 28s to 28s 3d per quarter. Futures are quoted :-- London: June 22s 6d per quarter, September 22s 4£d, December 22s 7£d- Liverpool: July 4s 9fd per cental, October 4s lljd, December ss. Flour—Demand quiet. Australian ex store 20s to 20s 6d per sack. Oats—Slow of sale. Australian Algerian 17s to 18s; A Gartons 23s to 245. Peas—lmproved demand. Blues, Tasmanian £l9 to £2O, New Zealand £l3 to £l3 10s. Maples, Tasmanian 70s to 72s 6d, N.Z. 68s 6d to 69s 6d. ' Beans—New Zealand 29s to 30s 6d. VICTORIAN QUOTATIONS. MELBOURNE, June 10. Flour—£7 12s 6d per ton. Bran—£4 10s ton. Pollard—£s s's ton. Oats—2s to 2s Id per bushel. Barley—Unchanged. Maize—4s to' 4s Id per bushel. Onions—Market firm at £lB to £l9 per ton. ; BRADFORD WOOL MARKET. ' LONDON, June 9. At Bradford not much bsuiness is passing. Quotations:—7o's 23d, 64's 46's 9d, 40's B^d. DAIRY PRODUCE !N LONDON. LONDON, June 9. Butter—Market slow., Danish, 100 s; choicest salted, New Zealand 95s to 965, Australian 94s to 955; unsalted, New Zealand 97s to 100 s, Australian 95s to 97s per cwt. Cheese—Demand dull. New Zealand white and coloured 54s to 555; Australian temporarily cleared.