COMMERCIAL NEWS

Ashburton Guardian, Volume 54, Issue 191, 26 May 1934, Page 8

COMMERCIAL NEWS

FRUIT AND PRODUCE.

V THE ASHBURTON MARKET. ■There are still good quantities of apples on the Ashburton fruit and produce markets and values have mined. Wheat seconds, cauliflowers, carrots and parsnips have all eased m price during the week, mid oats, peas and tomatoes arc now oft the inaiKet. Values are as follow: Potatoes—6s and 7s. Bacon—9d to lOd a lb. Wheat—Seconds 10s to 11s. Honey-bid to 7d a lb. Chaff—2s to 2s 6d a bag. Onions —ItF a lb. Walnuts —4d to od a lb. Cabbages—2s to 3s a dozen. Marrows— 2s,,3s and 4s a dozen. Pears—ld and lid a lb. Cauliflowers 3d to 4d each. _ Apples—Cox's Orange PiPPjn, Delicious, Jonathan, 4s 6d, os 6c 6d a case. Cooking, 2s to 2s 6d a case. Shallots—lid to 2d a lb. Quinces —lid to 2d a lb. Leeks—3d a bundle.Parsnips—2s a sugar-bag. Carrots —Is and Is 6d a bag.

PIGS AND POULTRY.

THE ASHBURTON MARKET. / The following prices were *®alis?d at the weeklv sale of pigs and poultij * held in Ashburton yesterday: — Poultry —Hens, 2s to 3s 9d; roosteis, 2s 6d to 5s Id; ducks, 4s lOd to 5s Id-ißgs—-Weaners, 6s 64 to 12s; slip?, up to 16s; medium stores, 245, huge stores, up to 335; choppers, 30s.

HORSE FAIR IN ASHBURTON. A four-year-old gelding, sold on account of Mr A. J. Hoak, Wakanm, brought £37 at the National Mortgage and Agency Company’s horse fair yesterday. The sum of £35 was obtained for a. four-year-old maro on account or Mr P. P. Dolan, Rakaia. The principal sales were: Mares, fuui years, £35; aged, £2O; geldings, four years £3fc- five years, £27: seven years, £29 10s; nine years, £22 10s; aged, £lB. Filly, four years, £4: spring carter,. £1 10s.

CRAIN AND PRODUCE. , CHRISTCHURCH MARKETS. IvV •V -' ••• ; • . • . :- ■ ' . ’ ■ . (Special to the “Guardian.”) CHRISTCHURCH, This Day. Very few changes in grain and produce prices- have been reported m Christchurch during the week. Potato quotations remain the same and onions continue to sell at 20s per ton. ine demand for potatoes from the Noitti Island is still very slack, mid the northern' market -is being supplied in the meantime from forward sales, so that there is -really little fresh business offering. 1 Generally there is no movement in the market. The wheat market has been, unchanged over the last few days, and surplus supplies of milling wheat are being taken over by the \\ hea« Purchase Board. The fowl wheat market has been easier recently and more under-grade wheat is coming on to the market.. „, The offerings of oats are quite adequate for the rather limited trade, while there is also a limited amount of business in partridge peas As toi seeds, the autumn demand is finished, and no activity is looked tor until about August or September Stocks ot the various varieties held by faimeis are fairly light. Canterbury ryegrass supplies are now meeting competition from Southland, which has had a weakening effect on. the local position. -White clover has also shown an easmi tendency, selling at Is to Is 2d, as compared with is to Is 4d ea Following are the prices quoted to he paid to farmers, on trucks at country stations, sacks included unless otherwise mentioned. , „ Wheat—Tuscan, 3s 8d; Hunteis, 3s lOd; Pearl, 4s (May delivery). Fowl Wheat—2s 9d to 2s lOd. Potatoes —White, £2 10s (prompt and June delvery) ; Dakotas, £- 10s prompt and June). Onions —20s a ton. •: . ' Rvegrass (pew season’s)—Perennial, 3s 3d to 3s 6d; Italian and Western Wolths, 3s 3d to 3s 6d. Cocksfoot—Aliaroa, 9d and lOd; Plains, 6d to 7d. ' Clovers —White, Is to Is 4d; cowgrass, 8d to ,9d. n - Oats (new season’s) —Gartons, Is 8d to 2s Algerians, Is 8d to 2s; Duns, Is 9d to 2s a bushel, according to quality. Chaff—To £2 10s. Partridge Peas —No. l’s, 3s 6cT; f.a.q., 3s to 3s Id. Linseed—£l3 to £ls a ton, according to quality. Bran—Shipping, £4; local, £4. Pollard—Local, £6; shipping, £5. Flour—£l3 12s local, £l2 17s for shipment to the North Island, with the usual increments for smaller packages.

DUNEDIN MARKETS. DUNEDIN, May 25. Wheat.—Broken weather continues to interfere with threshing, and there have been practically no offerings from the country so far this season. Advanced prices being paid this month are on the basis of 3s 7d per bushel for Tuscan, grower’s nearest port, sacks extra. Present indications point to a considerably less area being sown in wheat this season. Wet weather prevented many farmers from sowing in the autumn, and some of them are increasing their sheep flocks, considering that their returns from this branch of farming will be more profitable than if they- continued . to grow wheat. Ilio fowl wheat market is quiet. Shipping prices have declined, and there is now more fowl wheat offering than is re-, quired for immediate consumption. Best quality is selling at 3s 4d per bushel, sacks extra, delivered m Dunedin. Shipping value declined to os 2%d f.o.b.'. sacks extra. Oats.—The market remains weak, with practically no business passing. Millers have withdrawn, and it is also quite exceptional to receive an order for shipment to the North Island. On

the other hand, farmers are still offering from the country, hut merchants are not inclined to do business. Values for shipping have declined to 2s 5d f.o.b.s.i. for A’s and 2s 2d for B’s, these prices being equivalent to Is 9d, sacks extra, on trucks, country sidings, for A’s, and Is 6d for B’s. Under-grades, which appear to be fairly plentiful, are not worth more than Is 3d, sacks extra, in -the country, s - • Chaff. : —Sales of chaff continue slow. An odd truckload finds a buyer at £3 15s per ton, sacks extra, and smaller deliveries ex store are worth £4 5s per ton. Supplies are fairly plentiful, and there are sufficient stocks to cover requirements for the next month or so. Potatoes.—The market has again weakened. Expectation of early shipments to the North Island has not been fulfilled. Prices have been reduced in order to effect sales to the north, and to-day’s shipping value is £3 10s per ton, f.o.b.s.i. There has not been much alteration locally, hut the tone is weaker. Up to £4 5s per ton, sacks included, is available for good lines, ex store. Consignments are arriving freely, hut the quality of the tubers is somewhat patchy. , » Seeds. —All seed markets remain quiet, with a firm tons.'Not much business is doing at this time of tlie yea . Merchants prefer to wait until the spring demand from retailers betoie operating. Farmers, however, have sold 3S 'bulk of .'their seeds to> merchants Cocksfoot remains firm, and with a shortage in Chewmg’s fescue and dogstail higher prices are being asked fo tli® lines- There is a fair amount of white clover from southern distncts this season, and this will help to make up the shortage m Canteitmiy. Rrices of this southern seed are below wliat is being asked in Cantei

MELBOURNE QUOTATIONS. MELBOURN, May 25. Wheat —2s 6}d a bushel. Flour —£7 a ton. Bran —£4 ss. Pollard— £4 los Oats —2s 4d to 2s 9d. Maize —3s 3d to 3s 6d. _ 0 Onions-Firmer, £4, occasionally £4 ss. QUOTATIONS IN LONDON. LONDON, May 25. y Wheat— Cargoes' are firm. Parcels are fully steady Futures are quoted as follow: —London: June 1/s 10 2 d a quarter, September 18s Bd, Decembe 19s 2d. Liverpool : May 4s 4id pel cental July 4s 6d, October 4s Bid, December 4s 10*d. Spot trade is slow and prices were . baldly maintained. Australian, ex ship, 23s 9d, 2 JS - Flour— Steady. Australian, ex stole 16s 6d to 17s 6d. . Peas and Beans —Quiet and unchanged.

national mortage company, the INTERIM DIVIDEND. LONDON, May 25. The National Mortgage and Agency Company of New Zealand has declaied an interim dividend of per cent., tax free. DAIRY PRODUCE SN LONDON,

LONDON, May 24. The butter market is firm. Quotations : Danish 88s to 90s, choicest salted and unsaltcd New Zealand // s to 78s, Australian 755. The cheese market is steady. Quo tations : New Zealand coloured 44s 6d, white 455, Australian 43s and 445.

The National Mortgage and Agency Company of New Zealand Ltd., are in receipt of the following cablegram from their principals, Messrs A. J. Mills and Co., Ltd., London:— - Butter—Market steady. New Zealand finest', 77 to 78s; New Zealand firsts, 76s to 775; New Zealand unsalted, 80s; Danish 965, f.o.b. 68s, Australian, 755. . , Cheese —Market firm. New Zealand white, 45s ; New Zealand coloured, 44s 6'd : ; Canadian, white, 54s to 565; Canadian coloured, 52s to 545.

BRADFORD WOOL MARKET. LONDON,, May 17. The Bradford tops market is unsettled owing to the extension or tlie German embargo. Business is very slow. Quotations: 70’s 36- 2 -d, 64s 34 2 d, 60’s 33d, 56’s 24d, 50’s 18d, 465-L3 2 d. 40’s llid.

METHVEN STOCK SALE. The fortnightly stock sale was held at Methven. on Thursday. Good entries were received; for both fat ana store sheep. Some particularly good quality lambs were yarded, the top price being 24s 2d for a pen of Down Cross lambs, sold on account ct Mr John Hyland, Methven. The store sheep comprised mostly wethers from the front hill stations, and found a ready market among the large number of buvers present. Only a few cattle were penned. Pigs were also in small numbers, and were sold for satisfactory prices. The sales recorded were:— Fat Lambg— One hundred and nineteen at 24s 7d, 136 at 20s lid, 27 at 19s lOd, 54 at 20s 7d, 43 at 225, 60 at 22s lid, 47 at 18s 7d, 41 at 17s 6d, 24 at 22s 4d, 83 at 20s lOd, 114 at 21s 4d, 55 at 22s 4d, 162 at 20s 7d J 3 at 22s Id, 62 at 225, 106 at 23s 4d, 32 at 23s ld Fat Ewes— Thirty-four at 13s lOd, 27 at 14s 7d, 26 at 14s 4d. Store Sheep—Three hundred and forty-seven six and eight-tooth halt and three-quarterbred wethers at 22s 6d, 128 full-mouth at 17s, 84 at 16s 9d, 97 merino wethers at 7s, 145 two, foui, six and eight-tooth three-quarterbred ewes at 235, 31 two-tooth three-quarter-bred wethers at 20s 6d. 297 six and eight-tooth half bred wethers at 19s Id, 103 three-quarterbred wether lambs at 14s. Cattle—One fat cow at £2 10s, 1 cow at 15s, 2 dairy cows at £2 17s. 1 fat cow at £4 ss, 1 heifer at £2 10s. Pigs—Two weaners at 13s 6d. 2 at 11s 6d, 4 at 9s, 2 at 8s 6d, 2 at 8s 6d, 2 at 10s 6d, 1 baconer at £2 16s.