COMMERCIAL NEWS

Ashburton Guardian, Volume 53, Issue 202, 8 June 1933, Page 7

COMMERCIAL NEWS

GRAIN AND PRODUCE. THE ASHBURTON MARKET. The grain, seed and produce markets continue steady with a fair trade in all commodities. The demand for fowl wheat has slackened off after some days of undue firmness.

Prices for oats are inclined to ease as the demand is scarcely as brisk as it was.

A fair inquiry is being experienced for oatsheaf chaff, but growers are holding off the market in the meantime as this fodder may be needed for their own stock feeding requirements. The recent wet weather has delayed the digging of potatoes and consequently offerings have been fight.

A fair amount of business has been clone in. ryegrass and clover seeds at current quotations.

The following are quotations for the new season’s grain and seeds. With the exception of wheat, which is f.0.b., the prices are on trucks at country stations, sacks txtra.

Wheat—Tuscan, good milling, 3s 7d, Hunters 3s 9d, Velvet 3s lid; fowl wheat 3s; wheat seconds 2s Oats—Algerian, Is 5d to Is 6d; good heavy dark Duns Is 6d to Is Bd, heavy Gartons Is 6d to Is 8d; B grade Is 3d.

Grass Seed—Perennial Is (id, Wolths and,ltalian, Is 3d to Is 6d; cocksfoot, 3d to 3#d a lb.

Bed Clover —6d a lb. Chaff—Good, bright, oatsheaf, £2 a ton.

Peas—No. 1 Partridge 4s, . f.a.q. 3s per bushel. Barley—Chevalier, 2s Gd to 2s 9d a bushel. Potatoes—Dakotas £2 15s a ton; Whites £2 12s 6d.

SOUTH CANTERBURY MARKETS

(Special to the “Guardian.”)

TIMARU,. This Day

Since last week’s report there' has been a lull in the South Canterbury grain and produce markets, this being brought about principally by lessened demand for wheat and oats, both of which show a decline in values. The bulk of milling wheat seems to be in store or in millers’ hands, as very few lines - are offering. Fowl wheat shows a reduction of Id per bushel, as compared with last -week, values now being 2s lid to 3s lid per bushel on trucks, according to quality. There are not' many grade oats offering from this district, the majority being undergrade. A Gartons show a reduction in price, the quotation being Is 9d to Is lOd per bushel on tracks. B’s are worth Is 5d to Is 6d on trucks, Duns Is 6d to Is 9d on trucks, and Algerians Is 6d on trucks." No. 1 Partridge peas are quoted at 4s 3d. per bushel on trucks.

Chaff is worth £2 5s to £2 7s Gil on trucks.

Potatoes are quoted at £2 15s to £3 on tracks. As yet there is not very much demand from the North Island, and prices are firm on last week.

The seeds market shows little alteration. .Western AVolths qnd Italian are quoted at Is 9d per bushel on tracks for farmers’ dressed lines. Crested dogstail is worth 3d per ib, cocksfoot 3d per lb, cowgrass Gd to 7d per lb, and white clover lOd per Ib.

THE STOCK MARKETS,

ADDINGTON. ' (Per Press Association). CHRISTCHURCH, June 7. . The principal feature of the weekly stock market at Addington to-day was the very sharp advance in fat sheep values of 2s to .‘ls a head, bringing them to the highest point for over a year. A shortage of supplies was the cause. ' Fat cattle were slightly easier. Store Sheep—A normal winter supply was yarded. Ewe lambs were firmer, but other classes were not changed. Values were: Good ewe lambs 0s 6d to 10s 4d, medium 8s 3d to 9s, ordinary m.s. to 6s 6d, small and inferior 4s to-ss, s. and f.m. ewes Is lOd to 2s 9d, ordinary s.m 1 . ewes to Gs 3d,, medium halfbred wethers 9s 9d to 10s sd* Fat Lambs —The entry was a small one of 1400 head. Prices were firm at late rates. Extra prime heavy lambs made up to 18s 7d, prime lambs 14s to 16s, medium weight 12s to 14s, ordinary 9s to 11s 6d, light 6s to 8s 6d. Fat Sheep—The entry totalled 3700 head. Ewes advanced by 2s 6d to 3s a head on late rates, and wethers by 2s a head. It was the best sale for over a year. Values were: Extra prime heavy wethers to 235, prime wethers 18s 6d to 20s 6d, medium weight 16s to 18s, ordinary 13s 6d to 15s 6d, light 10s 6d to 13s; extra prime heavy ewes to 20s lOd, prime 16s to 18s, medium weight 13s to 15s 6d,.ordinary 9s Gd to 12s 6d, light 6s to 9s. Fat Cattle.—ln an entry of 500 head, the quality was the best for some time. Consignments were forward from the West Coast, Southland, Otago and South Canterbury. The market eased slightly under pressure of the oversupply, but best types maintained late rates. Especially good beef made 24s per 1001 b, good prime being 17s to 21s, heavy weight and medium 13s to 16s 6d; good cow and heifer beef 13s to 17s, secondary ditto 9s to 12s, rough down to 7s. Values were: — Extra prime heavy steers made up to £ll 2s 6d, prime heavy £7 10s to £9, prime medium weight £6 5s to £B, ordinary -£4 to £6, light £1 17s 6d to £3 JOs; extra prime heifers to £8 12s 6d, prime heifers £5 to £7, medium ditto £3 to £4 10s, light £1 10s to £2 1 15s; extra prime cows to £9 2s 6d, prime cows £4 to £6 10s, medium £2 10s to £3 10s > light £1 to £2 ss. Fat Pigs.—A small entry met a keen demand, and firmer prices were made. Values were:—Choppers £2 to £5 10s, baconers 35s 6d to 45s 6d, heavy ditto 48s 6d to 50s, extra heavy to 54s 6d

(average price per lb 3jd to 4d); porkers 22s to 24s 6d, heavy 2Gs Gel to 32s 6d (average per lb 3fd to 4sd).

BURNSIDE

(Per Press Association). DUNEDIN, June 7

Butchers caught up with their supplies in the beef and mutton sections at Burnside to-day. The yarding of 380 fat cattle consisted mainly of fight and mediumweight bullocks, the remainder comprising extra prime heavy bullocnc:?, prime heifers, and heavy cows. With a wide selection to choose fro.n, but-

chers concentrated mainly on choice quality, .for which there was a steady demand. At one stage outside competition helped prices for cow and nener beef, but apart from this a lau'iy level range or values was maintained at ail average drop oi 25s a bead on, the previous sale’s rates Jiest bullocks .sold to £il 17s Gd, best neifers to £6 17s Gd, and best cows to £5 2s Gd. Bullocks were worth rrom 15s to 20s, heifers lGs to 1.7 s Gd,

and cows from 10s to 12s per 1001 b. ■ Butchers bid freely for the bulk 'of the offering of 2200 .sheep. An excellent selection of ewes was offered, and wethers were in short supply. Consignments of well-finished wethers from South Otago topped the market at 22s

3d a head and averaged 3d per lb. The demand was keen for all classes at last sale’s rates early in the sale. Competition for ewes slackened at the end and they sold at a reduction of from is to 2s ,a head. Best ewes sold to 18s Gd, and the average price per lb was

2Jd. A rise in the schedule of prices, com-

bined with competition from a Belfastfreezing works’ representative, resulted in better prices being realised for lambs. The yarding of 500 head was cleared under keen competition and showed a rise in value of Is Gd a head on last sale’s rates. Prime lambs were worth up to lGs and average lambs from 12s Gd to 14 s.

A small yarding of store cattle was forward. Prices, except in one instance, showed no change. A pen of three and four-year-old steers sold to £3 16s, showing a slight appreciation on the irecent market.

The entry of vealers was small and a better sale resulted.

An over-supply of pigs was yarded and prices -suffered accordingly, £3 3s being the top price obtained for baconers. Toward the end of the sale porkers were not wanted and sold from 5s to 10s a head lower than the rates obtained at the previous sale. GERALDINE.

An all-round increase in prices was realised at the fortnightly stock sale at Geraldine yesterday. Three choice fat lambs changed hands at 16s'3d, an improvement of 9d on tile highest price at the previous sale. One lamb found a purchaser at 14s, and 59 were knocked down at 13s 9d. A considerable number were disposed, of at prices ranging from 12s to 12s Gd.

Ewes hlso realised better prices, two being sold at 10s 6d, 11 at 10s Id and 20 at 10s. The highest price at last sale was 9s 4d, which was paid for a pen of fiVe. Stores also showed an improvement. Prices were as follows: —

Lambs—Three at 16s 3d, 21 at Bs, 18 at. 9s Gd, 14 at 10s, 14 at 13s, 11 at 8s 9d, 10 at 9s Bd, 21 at 3s 10cT, 7 at 11s 6d, 14 at 10s 3d, 7 at Bs, 13 at 8s lOd, 1 at 14s, 25 at 9s Gd, 16 at 11s 6d, 10 at ILs lOd, 24 at 12s Id, 13 at 11s Id, 8 at 9s 6d, 14 at 9s sd. 9 at 11s 9d, 9 at 10s, 7 at 9s, 7 at 12s 6d, 19 at 12s 7d, 30 at 9s, 28 at 12s sd, 31 at 12s, .59 at 13s 9d, 31 at 12s Id, 43 at 12s Gd, 32 at 12s sd, 35 at 8s Id, 41 at 9s 6d, 1.51 at 12s Id, 35 at lls'4d, 83 at 11s.

Ewes—Ten at 8s- 4d, 7 at 8s 9d, 15 at ss, 7 at 7s 7d. 19 at 9s 3d, 28 at 8s lOd, 11 at 10s Id,' 30 at 6s Id, 14 at Bs, 2 at 10s 6d, 20 at 10s, 43 at 7s, 13 at 6s Bd, 11 at 7s 3d. Wethers —Ten at 13s 3d, 17 at 12s.

Stores—-Sixteen wether lambs at 6s 4d, 35 ewes lambs at 10s 3d, 20 do. at 10s 3d, 51 m.s. lambs at Bs, 78 wether lambs at 7s Bd, 52 ewe lambs at 9s 6d, 3 m.s. lambs at 6s.

Cattle —Four springing heifers at £4/4 yearling heifers at 37s 6d, 4 heifer calves at 255. Pigs—Four weaners at 7s Cd, 4 do. at 6s 6d, 2 do. at 6s, 5 do. at 7s, 3 do. at ss, 6 do. at 6s, 3 do. at 7s, 2 do. at 8s 6d, 2 at 7s 6d, 3 at 9s, 4 pigs at 11s "6d, 4 at 11s, 1 at £l, 3 at 17s, 3 at 14s, 1 at 32s 6d, T at 10s Gd, 1 at 14s.

WOOL, HIDES AND SKINS

SHARP RISE IN PRICES NEW PLYMOUTH, June 7. A sharp rise in the prices of wool, hides, and skins was recorded at the sales at New Plymouth and Stratford. Auctioneers express the opinion that there is every hone of increased returns to growers from now on. Hides appreciated lid to 2d per lb, and sheep skins Is .to Is 6d each, with commensurate rises in other cases.