COMMERCIAL NEWS

Ashburton Guardian, Volume 53, Issue 16, 29 October 1932, Page 7

COMMERCIAL NEWS

FRUIT AND PRODUCE. THE ASHBURTON MARKET. There is a scarcity of apples on the Ashburton fruit and produce market this week and prices are up a little compared with those ruling last week. Green vegetables are coming forward in large quantities. The price of wheat has dropped about 3s per sack during the week. Prices realised at sales -yesterday were as follow: < Apples—Sturmers 7s 6d to 8s 6d, Delicious 9s to 10s, Tasmas 5s to 0s a case. Pears —2s a case. Potatoes —Table 12s and 13s a ,sack; early seed 12s to 13s a sack. Cauliflowers —4s to 6s a. dozen. Cabbages—3s to 4s a dozen. Spring Cabbages:—ss to 6s a dozen. Carrots—2s a sugar-bag. . Parsnips—2s 6d a sugar bag. Swedes—ls 6d a sugar bag. Onions—3d to 4d a lb. Lettuces —Id and each. Leeks—3d to 4d a bundle. Rhubarb—sd and 6d a bundle. Wheat —(Seconds 14s to 15s a sack. Bacon —7d and 8d a lb. Hams—9d a lb.

GRAIN AND PRODUCE. CHRISTCHURCH MARKETS. (Special to the “Guardian.”) CHRISTCHURCH, This Day. The produce markets are very quiet at present, little interest attaching to anything except potatoes. Potatoes for the last week have not been active, and quotations remain the same. There have been a few orders from Wellington for Dakotas and Supremes, which have been hard to find. Whites are becoming scarce, and few farmers hold any quantity now. The other markets are dull. The following axe prices to be paid to farmers on trucks at country stations unless otherwise mentioned:— Wheat—Tuscan 4s 10£d, Hunters os 4£d, Pearl 5s 2sd, f.0.b., for October delivery. Fowl Wheat—Prompt, 5s Id, f.o.b. Oats—Gartons, A grade 3s, B 2s lOd, Algerians 3s to 3s 3d. Chaff—£3 12s 6d a ton. , Ryegrass—Perennial 4s to 4s 3d; Italian and Western Wolths 3s 9d to 4s.

Cocksfoot—Plains, 4d to od; Akaroa 0d to 6id. Peas—ss to 5s 6d. Potatoes —Prompt, £4 15s to £4 17s 6d a ton, on trucks; Dakotas, £5 5s a ton, on trucks. Bran—£4 a ton for shipping, £4 10s a ton local. Pollard—£s a ton for shipping, £6 10s a ion local. Flour—£l7 12s a ton, with the usual increments for smaller packings.

DUNEDIN. DUNEDIN, October 28. Wheat—The market continues quiet, with no offerings from the country. Nothing definite can he stated as to prices for the coming harvest, hut with the large area under crop the equalisation fund will be much greater and this is certain to lower values compared with those ruling last season. Reports now coming in from all the growing areas promise a bountiful harvest. With the area sown this will mean that there will be a surplus of milling wheat in New Zealand and it will be difficult to dispose of any oversupply. The fowl wheat market remains quiet with little business passing locally. Only small lots are inquired for and as most of tlie stocks held are under-grade, wheat sales are difficult to effect. Value of the best fowl wheat is from 4s lOd to 4s 9d, but under-grade wheat is offering at about 4s per bushel, sacks extra, ex store.

Oats—The market continues quiet. An occasional order is coming in from the North Island, but there is an entire absence of orders for A Gartons, the bulk of requirements for the north being fixed up with B Gartons . and under-grade oats. General quotation is on the basis of 3s 5d for A grade and 3s Id for B, with under-grades offering at 2s' 9d to 2s 10d,- according to sample. •Chaff—Local trade in c\iaff is confined to small lots ex store. Stored stocks are ample for all requirements. Values remain on the basis of £4 10s, sacks extra, ex truck, for the best quality. Under-grade is offering at £4 per Von, sacks extra, ex store. Potatoes—Small supplies of potatoes available keep the market firm. The distributing trade is fairly quiet but requirements have to be drawn from Southland districts, as local supplies are just about exhausted. Value oi freshly picked lines of good quality is ,£6 10s per ton, sacks included, ex store. „ , Seeds —Business in all lines of seeds continues quiet, for the retail demand is not as good as in previous years. Prices remain unaltered with some lines in short supply, such as good ryegrass and* cowgrass.

MARKETS IN BRITAIN. LONDON, October 27. Wheat—Sellers of cargoes are willing to consider lower prices in view of weak closings at Chicago and Winnipeg. Balance of Minerva cargo brought 26s 9d, and unnamed was sold to Shanghai, February delivery, at the equivalent of 26s 3d. Parcels are m good demand. Manitobas 3d to 6d down, and Australians uncharted. Spot trade quiet, and prices fairly steady. Australian, ex ship, 28s 3d. Futures are quoted : London : December 23s 5d per quarter; February, 22s Bd;’ April, 22s lOd. Liverpool: De-

cember, 5s 25d per cental; March, 5s I'd. Flour —Australian, ex store, 20s to 21s per sack. Oats— Steadily held. _ Peas and Beans —Quiet. MELBOURNE MARKETS. MELBOURNE, October 28. Wheat—3s 2d a bushel. Flour —£8 10s a ton. Bran —£5 a ton. Pollard—£s 10s a ton. Oats—ls 8d to Is 9d a bushel. Maize —4s 10d to 4s lid a bushel. Onions—Quiet. Silver skins, £l3 .to £l3 10s a ton.