COMMERCIAL NEWS

Ashburton Guardian, Volume 54, Issue 197, 2 June 1934, Page 7

COMMERCIAL NEWS

FRUIT AND PRODUCE. THE ASHBURTON MARKET. Values of commodities on the Ashburton fruit and produce market have shown no change during the week. There is a fair amount of business passing in most lines. Values are as follow: Potatoes—6s and 7s. Paeon—9d to lOd a lb. Wheals—Seconds 10s to 11s. Honey—%d to 7d a lb. Chaff—2s to 2s 6d a bag. Onions—ld. a lb. Walnuts—4d to 5d a lb. Cabbages—2s to 3s a dozen. Marrows —2s, 3s and 4s a dozen. Pears—ld and IJd a lb. - Cauliflowers 3d to 4d each. Apples—Cox's Orange Pippin, Delicious, Jonathan, 4s t>d, os 6cl and os 6d a case. Cooking, 2s to 2s 6d a case. Shallots—i£d to 2d a lb. Quinces —ljd to 2d a lb. Leeks—3d a bundle. Parsnips—2s a sugar-bag. Carrots —Is and Is 6d a bag.

property sold privately. Acting under instructions from th<=. mortgagee, the Ashburton branch of the New Zealand banners’ Co-opeia-tive Association, Ltd., offered a Wakanui property of 89 acres 1 rood lo perches for sale by auction yesterday afternoon, but it was not sold. However, a sale was effected privately later. . The property is subdivided into Id paddocks, >and comprises heavy land suitable for mixed farming,. and also suitable for cereal cropping when brought into proper condition. It is situated six miles from Ashburton, and is three miles from the Wakanui School. It is watered by County races, and part of the land is on the northern bank of the Ashburton River. Buildings comprise a four-roomed dwelling, stable, motor-shed, etc.

GRAIN AND PRODUCE.

CHRISTCHURCH MARKETS. (Special to the “ Guardian.”) CHRISTCHURCH, This Day. Trading on the Ideal grain and produce markets went on quietly, throughout the week, the demand Demg normal. "

With the addition of the monthly increment, the price of nulling wheat advanced by a penny as from yesterday. The major portion of the crop has ..been sold and most or the-wheat coming on to the market now is taken up by the Wheat Purchase Boaru in accordance with its agreement regarding the surplus. The mills have Piled their requirements. The market for fowl wheat is steady, and prices are unchanged. A small trade is passing in oats, but the demand is ordinary, us it has been for some time.

A better local inquiry for potatoes has resulted in a slightly firmer, market. Quotations for whites for prompt and June delivery are £2 10s and £2 12s 6d with Dakotas at £2 10s and £2 15s. The inquiry from the INorth Island is picking up, .indicating that the markets there are growing shorter of supplies. The Karetu was to have loaded potatoes for the North, Island at Lyttelton on Thursday, but the consignment was transferred to the Kanna which, it is stated, will not sail until Monday or Tuesday. The onion market is quiet, and the price remains at 20s a ton. Trade in peas is quiet, and .the exports so far this season have been decidedly less in bulk than those for the Corresponding period last year. • The autumn sowing having been completed, little business is being done m agricultural seeds. The market will remain quiet until the spring sowing begins. Prices in the meantime are at a purely nominal figure. Following are the prices quoted to be paid to farmers, on trucks at country stations, sacks included unless otherwise mentioned. j 0 Wheat— Tuscan 3s 9d; Hunters, 3s lid: Pearl, 4s (June delivery). Fowl Wheat—2s 9d to 2s lOd. Potatoes— White £2 10s to- £2 12s 6d (prompt and June delivery); Dakotas, £2 10s to £2 15s (prompt and June).

Onions —20s a ton. Ryegrass (new season’s) Perennial, 3s 3d to 3s 6d; Italian and Western Wolths, 3s 3d to 3s 6d Cocksfoot —Akaroa, 9d and 10a; Plains, 6d to 7d- . Clovers —White Is to Is 2d; cowgrass, 8d to 9,d. .A', Oats (new season s) —Cartons, 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 —INo. l’s, 3s 6d'; f.a.q., 3s to 3s Id. Linseed —£13 to £lo a ton, according to quality. ■ Bran—Shipping, £4; local, £4. Pollard—Local, £6; shipping, £5. ITcur —£13 12s local, £l2 17s for shipment to the North Island, with the usual increments for smaller packages.

DUNEDIN MARKETS. DUNEDIN, June 1. Wheat—Good lines are being taken hv millers, but difficulty is being experienced in placing Hunters, ot which there is too much coming on the market The demand is chiefly tor Tuscan, which is required for mixing purposes. The quality of wheat is very good Prices to farmers are 3s Sd i.o.b. for Tuscan, 3s lOd for Hunters and 4s for Velvet. The fowl _ wheat market is quiet. Rest quality is worth 3s del pei bushel, sacks extra, ex stoic. Oats—Onlv a few sales are going through on the basis of 2s od t.o.b.s.i. for A’s and 2s 2d for B s The quality offering is in excess.if the demand. Millers are not operating. Current value for A’s is Is 9d sacks extra on trucks, country sidings, and foi B s is 6d Chaff—The market is well supplied. The demand is mostly for store lots, the price being up to £4 os per ton, sacks extra. a , Potatoes —Sales are difficult to effect. Supplies are ample. Current shipping value for A’s is Is 9d, sacks extra, on trucks, country sidings, and for B s Is 6d'. . „ ' r i Chaff—The market is well supplied. The demand is mostly for store lots, the price being up to £4 5s per ton, sacks extra. - Potatoes—Sales are difficult to ei-

feet. Supplies are ample. Current shipping value is £3 10s per ton, f.o.b.s.i. The local market is inclined to weaken. A few sales have been made at £4 os per ton, sacks included, and at £4 per ton, ex track. Seeds Prices remain firm with stocks in all main lines on the short side. rroiva Top, Chewing’s fescue and crested dogstail continue firm. It is considered that the smallest crop on record has been threshed in these three seeds. 'White clover is offering more freely, especially from the south.

AIARKETS IN BRITAIN

LONDON, Alay 31

Wheat—Cargoes trading less active. Alanitobas, 3d lower. Australians steadily held. Plates, 3d dearer. Parcels moderate demand and slightly higher. ... Spot trade checked by higher prices. Australian, ex store, 24s 9d to 25s 9d. Futures are quoted: —London: June 18s lid' per quarter, September 20s, (December 21s 2|d. Liverpool: July 4s 9£d per cental, October 5s o|d, December os 2£d. • '. <Flour —From Australia, ex store, 1/s 6d to 18s per sack. Oats—3d to 6d dearer. Peas and Beans —Quietly steady. Beet Sugar—July delivery, 4s 9|d.

VICTORIAN QUOTATIONS. MELBOURNE, June 1. Wheat—2s to 2s 9d per bushel. Flour—£7 7s 6d per ton. Bran—£4 ss; pollard £4 15s. Oats—2s 4d per bushel. Barley—English, 2s 6d to 2s 9d. Maize—Buyers 3s 2d. Onions—Steady at £4 5s to £4 17s 6d.

DAIRY PRODUCE IN LONDON. ' LONDON, May 31. . Butter—Slow: Danish 84s a cwt. Choicest salted: New Zealand 77s a cwt, Australian 73s to 745. ( Unsaltedj New Zealand 80s a cwt, Australian 755. Cheese—Dull. New Zealand coloured 445, white 455; Australian 435.