COMMERCIAL NEWS

Ashburton Guardian, Volume 53, Issue 286, 14 September 1933, Page 7

COMMERCIAL NEWS

GRAIN AND PRODUCE. THE ASHBURTON MARKET. The recent rain has been beneficial to all growing crops and pastures generally and should stimulate the seed trade. Milling wheat is not 'offering to any great extent but in any case sales are most difficult to make. The market for fowl wheat, oats and chaff is stationary. \ Owing to an inquiry for potatoes from the North Island, the market is inclined to firm. The following are quotations for the 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 9d. Hunters 3s lid, Velvet 4s Id, fowl wheat 2s lOd, wheat seconds 2?. Oats—Algerian, Is 5d to Is 6d; good heavy dark Duns Is 6d to Is Bd, heavy Gart'ons Is 6d to Is 8d; B grade Is 3d. Grass Seed—Perennial Is 9d to 2s, Wolths and Italian Is 6d to Is. 9d, cocksfoot 4d to 4^d. Clover—Red 7£d to 8d a lb, white 9d to lOd a lb. Chaff—Good, bright, oatsheaf, £2 a ton. Peas—No. 1 Partridge 4s, f.a.q. 3s per bushel. *"■■< i Barley—Chevalier, 3s a bushel. £2 15s, whites £2 5s a ton (nominal). CANTERBURY. TIMARU, This Bay. The period of inactivity which has been experienced in the South Canterbury grain, seeds and . produce markets continues and there is practically no demand for the majority of lines. There has been little business passing in miling wheat and with the Wheat Purchase Board's last increment of a halfpenny prices now are: 1 Tuscan 3s 9d, Hunters 3s lid, and Velvet 4s Id. The greater -part of the North Island appears to be well supplied with locally-grown fowl wheat, and there is slight • demand. Values remain "at about 2s lOd on trucks. Gartons are quoted at Is 6d on trucks for A's and Is 3d on trucks for B's, and farmers generally are not threshing at those prices. Algerians are worth Is 6d on tracks and good, heavy dark Duns are available at Is 9d on trucks. Chaff remains at £2 on trucks, and is not sought after. .'The price for Chevalier barley is still 3s on trucks. Partridge peas are nominally quoted at 3s 6d on trucks. • There has been no inquiry from the North Island for potatoes, most merchants apparently being well supplied with locally-grown lines. Whites are quoted at £2, and Dakotas at £3 on trucks. It is hoped that after the rain there will be increased demand for seeds. Present values are: Ryegrass, Westem Wolths and Italian Is 9d to 2s on trut/ks, cowgrass 8d per, lb, white clover Is lb; cocksfoot, Plains 4d, Akaroa sd.

THE STOCK MARKETS. BURNSIDE. I (Per Press Association). DUNEDIN, September 13, An excellent selection of good quality cattle was offered at to-day's sale, but the yarding of sheep was insufficient in number and contained a good proportion of plain ewes and medium wethers. About 240 fat cattle were yarded and, as this was considered an oversupply for the local trade, butchers" v limits at tho opening were 10s to 15s a head less than last week. Early passing by vendors and competition from northern buyers and country butchers had its effect, with the result that a steady sale ensued at practically last week's rates. Extra prime heavy bullocks sold to £l2 7s 6d, prime heavy £9 10s to £lO 10s, prime mediumweights £8 to £9, plainer sorts £7 to £7 10s, light and unfinished! £6 to £6 10s; best heifers to £8 2s 6d, others £4 to £6; best cows £7 17s 6d, others £3 10s to £5. About 1400 fat sheep wore penned. These included a small proportion of very prime wethers and ewes and a larger number of medium quality. The market opened at full late rates, but best ewes soon improved by 2s to 3s and best wethers by Is. Outside buyers were operating keenly, but local butchers continued to fill their requirements. After the first race; the market was steady, except in the concluding stages, when values for medium-weight wethers dropped 2s and medium and good light ewes Is a head. A truck of light half-bred unfinished wethers suitable for graziers made from 16s to 20s. Extra prime heavy wethers sold to 38s, prime heavy 33s to 35s 6d, mediumweights 30s'to 32s 6d, light primes 24s to 295. Best ewes sold to 335, mediumweights 24s to 27s 6d, light 18s to 225. The finest spring lambs of the season attracted good bidding. These came from the Milton district and were presented in good order, making up to 28s 6d. Only one pen of steers was yarded in the store cattle section and the balance of an exceptionally small entry was made up principally of cull cows. The pen of steers sold under keen competition and realised £3 6s. Prices for cows and heifers were unchanged. The low values ruling recently in the dairy section had the effect of a. smaller entrv coming forward.. In spite of this factor prices showed no change and there was -. very little competition throughout. Low-conditioned cows were hard to dispose of and only young cows in good condition and close to profit were wanted. 'Up to £5 was obtained for the latter. No change in values was noticeable in the fat pig section and the offering

was composed principally of porkers. Best baconers realised up to £2 18s, while good quality heavy porkers made £2. The entry of store pigs was larger than at recent sales. Competition for the entry, which was of indifferent quality, was not as keen as at last week's sale, prices depreciating 2s to 4s a head for- all classes. Large stores sold at from 17s to 24s and suckers 8s to 14s.

ADDINGTON

CHRISTCHURCH, September 13

A steady, soaking rain, of wnich the country has been urgently in need, invested the Addington market with a brighter tone to-day. Entries were smaller in all sections except' fat sheep, a heavy proportion of which came from South Canterbury, Qtago and Southland, and a consignment of about 300 from the North Island.

Store Sheep.—The entry was the smallest for some months, and there was a keen sale at late rates, ewes and lambs being in strong demand. Good ewes and lambs (all counted; sold to lis, medium two-tooth three-quarter-bred to 16s id, aged and fail-ing-mouth 5s 3d to Ss 2d; medium ewe hoggets 16s 6d to 17s 9d, ordinary 14s 4d to 14s 9d, medium wether hoggets to 13s Id. Medium mixed sex hoggets 14s lOd to 15s 7d.

Fat Sheep'.—A big proportion of the entry was railed from a distance, and the quality was outstanding. The heavier entry caused an easing in values of Is 6d to 2s for heavy wethers, and to Is 6d for ewes, medium weights showing little change. Extra prime heavy wethers soid to 35s lOd, prime heavy 27s to 29s 6d, medium weight prime 24s to 20s 6d, ordinary 20s 6d to 23s 6d, light 17s to 19s 6d; extra primeheavy 'ewes to 29s 4d, prime heavy 25s to 27s 6d, medium weight prime 22s 6d to 24s 6d, ordinary 19s 6d to 225, light 15s to 18s 6d. Fat Cattle.—The entry comprised 325 head, a few less than last week. About 80 head, mostly cows and heifers, came from Poverty Bay, and there were drafts from Otago and the West Coast. Though the sale was irregular, values were better all round by 15s a head. Best beef made 27s to 29s a 1001 b, special to 30s, good 24s to 26s 6d, heavy weight 21s to 245, and rough to ordinary 15s to 20s. Extra prime heavy steers sold to £l3 12s 6d, prime heavy £9 15s to £ll 15s, prime medium weight £8 15s to £lO 15s ordinary quality £6 18s to £8 10s, light to £6 10s; extra prime heifers to £ll 17s 6(1, prime £7 5s to £9. medium £5 5s to £7, light to £5; extra prime cows to £ll 7s 6d, prime £6 to £B, ordinary £4 10s to £5 15s, light and aged to £4 ss. Fat Pigs—There was a small entry and keen demand for porkers. Choppers made 30s to £3 lis, baconers 37s 6d to £3 3s 6d (average per lb 4d to 4id); porkers 25s to 36s 6d (average price per lb 4|d to s|d). GEEALDINE. The following prices were realised at the fortnightly stock sale held at Geraldine 1 yesterday-.—Ten fat wethers at 19s 9d, 10 at 19s Bd, 10 at 20s lOd, 16 at 13s 2d, 18 at 10s lOd, 1 cow at £2 17s 6d>; 1 gelding at £22 Pigs—Six at 10s, 4at 14s, 2at 13s 6d.l at 12s, 1 at 13s, 2 at 12s 6d, 1 at 12s.