COMMERCIAL NEWS

Ashburton Guardian, Volume 54, Issue 257, 11 August 1934, Page 7

COMMERCIAL NEWS

FRUIT AND PRODUCE THE ASHBURTON MARKET. Beyond) a risejof jibout Is in the price of Stunner apples on the Ashburton fruit and produce market this week, commodities show no change in value. Values are as follow: Potatoes—ss 6d to 6s 6d a sack. Bacon—9d to lOd a lb. Wheat—Seconds 8s to 10s. Honey—7d to 7sd a lb. Chaff—2s to 2s 6d a hag. Onions—ld a lb. Walnuts—6d .to 73 a lb. Walnuts —5d to 6d a lb. Cabbages—3s to 4s a dozen. Marrows—2s, 3s and 4s a dozen. Pears—lid and 2d a lb. Cauliflowers—4d to 6d each. Shallots—lid to 2d a lb. Leeks—3d a bundle. Parsnips—2s a sugar-bag. Carrots—ls 6d a bag. Apples—Delicious, 6s to 7s a case; Stunners, 5s to 6s; Wolseys, 4s to ss. Celery—2d a bundle. PRICES AT HORSE FAIR. Values at the horse fair held by the Ashburton branch of: the New Zealand Farmers' Co-operative Association, Ltd., yesterday, were:-r Draught • gelding (syrs) £47 10s, same (9yrs) £25, draught mare (aged) £l7 hack mare (9yrs) £5 15s, draught gelding (aged) £4 ss. PIGS AND POULTRY. THE ASHBURTON MARKET. Prices realised at the sale of pigs and poultry held in Ashburton yesterday were:—* Pigs—Baconer3 £2 8s 6d, porkers £1 7s to £1 15s- 6d, stores 17s to £l, weaners and slips 10s to 16s. Poultry—Hens 2s 5d to 4s 6d, roosters 3s Id to 6s Id, ducks 4s Id to 5s Id, turkeys 4s 3d to 5s 6d. TOWN RESIDENCE NOT SOLD. A town residence situated at 100 Wills Street West was offered at auction by Messrs J. T. Trevor Thomas and Co. yesterday afternoon on account of Mrs A. Letham, and was passed in at £775. The house stands on a section of one rood of freehold land. SMALL HOLDINGS PASSED IN. No offer being made for three small holdings situated at Barrhill, which were offered' at auction by the Ashburton branch of the New Zealand Farmers' Co-operative Association, Ltd., yesterday afternoon, all were passed. The land was good free grazing and cropping country. Two blocks consisting of 16 acres 2 roods 4 perches and 31 acres 21 perches respectively were offered on behalf of the mortgagees, and until recently had been occupied by the family of the late Mr James Bishop, The third property of 25 acres was auctioned on account of Mr A. G. I. Bishop.

GRAIN AND PRODUCE.

CHRISTCHURCH MARKETS. CHRISTCHURCH ,This Day.. Few changes have taken' place in the grain and produce markets compared with last week. Wheat continues to be firm and there is not a great deal offering. Less wheat than usual was sown last autumn and there is a strong inclination on the part of farmers to sow more in the coming spring. Fowl wheat remains firm. There js little demand far pats. Stocks are ample. The market for Partridge peas has eased slightly, but a little business has been done in linseed and ryegrass in anticipation of spring sowing. Auckland merchants are maintaining their attitude of the previous week and refraining from buying Canterbury potatoes on an f.o.b. basis, preferring to wait for lines on consignment. The Wingatui, which was to have left Lyttelton yesterday, and which will now sail on Monday, is the next boat to leave for Auckland with potatoes. Onions are slightly easier,. owing to too many going forward to the northern markets. There is some inquiry from the south, however, for good quality onions. Following are the prices quoted to be paid to farmers, on trucks at country stations, sacks included unless otherwise mentioned. Wheat, f.o.b.—Tuscan 3s 10£d, Hunters 4s OJd, Pearl 4s 2£d (August delivery.) Fowl Wheat—3s a bushel. Potatoes—Whites £2 2s 6d prompt, Dakotas £2 ss, prompt. Onions—£3 10s (best quality). Ryegrass—Perennial 3s 3d to 3s 6d; [talian and Western Wolths 3s 3d to 3s 6d. , Cocksfoot—Akaroa, 9d and 10a; Plains, 6d to 7d. Clovers—White Is to Is 4d, cowgrass .to lOd. Oats (new season's)—Gartons, Is 8d to Is lid, Algerians Is 7d to Is 9d, Duns Is 9d to 2s a bushel, according to quality. Chaff—To £2 10s. , Partridge Peas—No. l's 4s 9d; l.a.q. 4s 3d. Linseed—£l4 a ton. Bran—Shipping, £4; local,. £4. Pollard—Local £5 10s, shipping £4 10s. Flour—£l3 12s local, £l7 ,17s for shipment to the North Island, with the usual increments for smaller packages. DUNEDIN MARKETS. DUNEDIN, August 10. Wheat—Little interest is being shown in locally-grown milling wheat, v but there is practically none now offering. The effect of the rise in overseas values will probably be to increase the spring; sowing of wheat in the Dominion. The fowl wheat market is steady, j Local values are up to 3s 6d per bushel sacks extra, for best quality.

Oats—There is no alteration in values in the oats market, the general quotation being 2s sd, f.0.b., s.i., for A's and 2s 2d for B's. Buyers have not been prepared to pay these prices and odd sales have gone through for both grades at £d a bushel less. The market has a firm undertone following on the increase in the values of wheat. Values in the country are Is 8d sacks extra, on trucks, for A's and Is 5d for B's. Chaff—Business in the chaff market is still confined to, sales of small lots ex store at up to £4 5s per ton sacks extra, with the value of truck loads £3 15s, ex truck. Ample supplies are being received from Canterbury. Potatoes—The market continues depressed, with sales hard to effect. Merchants are buying , only freshly picked and well-graded lines. To-day s value is £3 10s per ton sacks included A number of lines show growth and these are being offered at lower values without attracting attention. _ Seeds—With the approach of the spring demand there is more inquiry for most lines of seeds. Recent statistics show that crops of ryegrass and cocksfoot are considerably less than in previous vears. The limited quantity available will be wanted to meet New Zealand requirements. The markets are firm and in the event of an export demand arising, prices naturally will further harden. MARKETS IN BRITAIN. LONDON, August 9. Wheat— Cargoes are steady, and parcels also are steady intone. Fair business is being done. Futures are quoted:— ! London: September, 26s 3d per quarter; December, 27s Bd. Liverpool: October 6s 2|d per cental; December, 6s 50; March, 6s 7£d; May, 6s 9*d. ~J . • ' • . Spot buyers are holding off in view of the advance in prices. Australian, ex ship, is quoted at 325. Flour—Firm. Australian, ex store, 21s to 21s 6d per sack. Barley—Held for an advance of 2s to 2s 6d. Australian, landed, 30s. Oats —Advanced" Is. Peas—Tasmanian blues, 13s 6d, 14s; Tasmanian maples, 1933 57s 6d, 1934 555; New Zealand No, 1, landed, 50s, 52s 6d # . AUSTRALIAN WOOL SALES. OFFERINGS REDUCED. jfc s MELBOURNE, August 10. A conference of the Woolgrowers' Council and the wool-selling brokers of Australia to-day gave consideration to the quantity to be offered in the 1934-35 season. It was decided that the original allocation of 1,600,000 bales to be offered before Christmas should be curtained to 1,350,000 bales, and that the position, again should" be reviewed at the end of September, when, if necessary, a further reduction might be made in accordance with the conditions ofi the market then ruling. It was also decided that the first sale should be held at Brisbane on August 20, as already arranged. DAIRY PRODUCE IN LONDON. LONDON, August 9. Butter—Firm. Danish 104 s. Choicest salted: New Zealand 82s, Australian 775. Qheese —New Zealand, white 49s 6d, coloured 46s 6d. BRADFORD WOOL MARKET. ~~~-" LONDON, August .9. The Bradford tops trade is firmer on the possibility of a settleE}*mt with Germany regarding overdue accounts. Quotations are: 70's 30d, 64's 275, 60's 26d, 56's 21d, 50's 15d, 46's 12d, 40's lid.