COMMERCIAL NEWS

Ashburton Guardian, Volume 55, Issue 135, 20 March 1935, Page 7

COMMERCIAL NEWS

TINWALD STOCK MARKET. THE CONCLUDING SALES Concluding sales at the Tinwald stock market yesterday were:— Fat Ewes —On account of H. Calderwood (Eiffelton) 8 at 12s lOd, 3 at 11s lOd, 5 at 11s 4d; W. E. Horrill (Lagmhor) 6 at 12s 4d, 7 at 17s 7d, 10 at 10s 4d, 12 at 12s 7d; E. O. and H. White (Eiffelton), 9 at 13s lOd, 10 at 12s lOd, 22 at 11s lOd, 5 at 13s, 13 at 11s 4d, 10 at 10s lOd; J. W. Ownsworth (Low-c-liffe) 8 at 11s 7d; R . Watson, 10 at 14s 4d, 5 at 14s Id; C. Bishop (Wheatstone), 11 at 11s 4d; clients, 3 at 11s 4d, 6 at 14s 4d, 6 at 12s 4d, 7 at 11s lOd, 2 at 13s 4d, 10 at 11s, 4 at 16s 7d, 6 at 15s 4d, 3 at 13s 7d. Fat Wethers —On account of M. F. Kingsbury (Wakanui) 4 at 22s 4d, 1 at 21s 3d.

Fat Lambs —On account of Scown (Mayfield) 120 at 14s lOd, H. A. Oalderwood (Eiffelton) 11 at 23s Id, 6 at 22s lOd; W. E. Horrill (Lagmhor) 4 at 21s Id. Stores —On account of H. S. Richards (Valetta) 64 ewes at 15s; J. W. Ownsworth (Lowcliffe) 30 at lod; B. V. Pearce (Winchmore) 53 at 15s lid; Glenfallocli Estate (Rakaia Gorge) 61 at 4s; C. H. Jones (Winchmore) 43 at 27; A. Chalmers (Lismore) 50 at 20s; L. Grice (Tinwald) 30 lambs at 16s Id, 23 at 14s Id.

PRICE OF FOWL WHEAT.

THE BOARD’S OFFER. CHRISTCHURCH, This Day. The response to the Wheat Purchase Board’s offer of last season’s milling wheat at 4s 4d a bushel, f.0.b., sacks extra, has not been great. Just over 2000 sacks have been forwarded to North Island buyers since the Board made its offer on offer is provisional on the wheat being used for the feeding of poultry.

GRAIN AND PRODUCE.

CHRISTCHURCH MARKETS. CHRISTCHURCH, This Day. The grain and produce markets are still quiet. Fowl ‘wheat remains firm. Partridge peas have had sales at 5s lOd, and in cases a little more. The cocksfoot market is quiet and most of the offering has been cleaned up. Prices, if anvthing, are a little easiei’ at from 9-Jd to lid. Ryegrass is quoted at from 2s 9d to 3s, with extra good lines up to 3s 3d. Onions have risen sharply, owing to there being less supplies than antici.pated and owing to farmers keeping off the market. Quotations are from £9 to £9 10s a ton, and in odd cases up to £lO lias been paid. Several inquiries have come from the North Island for seed potatoes, and for prompt deliveries of tables, but the sample, consignments sent forward are not fully Following are nominal prices quoted to be paid to farmers on trucks at country stations, sacks extra unless otherwise mentioned:— Milling wheat (new season’s) —March delivery, Tuscan 4s, Hunters 4s 2d, Pearl and Velvet 4s 4d, f.o.b. Fowl Wheat —3s 9d to 3s lOd a bushel. .. Oats —Cartons, 2s to 2s od; Algerians 2s to 2s 4d; Duns, Is 10d to 2s 6d, according to quality. Chaff—£3 to £3 5s Barley—2s 6d to 3s 6d, according to quality. „, , _ ,„, Partridge Peas —5s 3d to os KM. Linseed—£l3 to £l3 10s a ton Cocksfoot —Akaroa, to lljd. Ryegrass —Perennial, Italian anti Western Woltlis, 2s 9d to 3s 3d. Clovers— White 6d to 9d, red 9d to lid. , r ... Potatoes (April, May, June delivery) —£4 to £4 ss; prompt, £4 10s. Onions —Prompt, £9 to £9 10s a to ßran—Local £5 15s, shipping £5 5s Flour—Local £l2 12s, shipping £ll 17s, with the usual increments tor smaller packings.

AUCKLAND MARKETS. AUCKLAND, March 19. Potatoes have been in short supply this week, due to the late arrival of the Karetu, which is bringing the first con-, signment of the season from Canterbury. Supplies from the Ohakune district have petered out and merchants have had to return to the lyianawatu for supplies. The wet weather has interfered with deliveries from this source; lienee the present shortage. The Karetu is .now due to arrive on Thursday, after which there should be plenty of potatoes from this and other sources to meet all requirements'. The onion market has advanced m the south, and local merchants have raised the price to 12s per cwt. Since last report, there have been plentiful supplies of) Australian pollard and these have met a steady sale at the lower prices quoted last week. To meet this position local mill prices were lowered to-day £1 per ton, the change to be effective to-morrow. There is a good demand for wheat even at the high price to which this cereal has now been raised. Wholesale current prices:— Pollard and Bran—Mill prices: Polard £6 10s per ton, bran £5 15s j_ merchants’ prices, pollard, local £6 5s per ton, Australian £6 10s to £6 15s; bran £6. , . , Oats —Feed B Cartons 4s per bushel, A Cartons 4s 3d, clipped Duns 4s 7d, clipped Algerians 4s 9d, clipped A Gartons 4s 9d. Fowl Wheat— Canterbury, graded 53 8d per bushel. Barley—Feed, clipped, 4s 3d per bushel, seed Cape 5s per bushel, barley meal 9s per 1001 b. Chaff —G. 8.0.5. £7 10s to £7 12s 6d per ton for southern. Potatoes —Rangitikei 11s 6d per cwt. Onions —Canterbury 12s per cwt.

WHEAT PRICES IN BRITAIN. LONDON, March IS. Wheat —Cargoes are steady. Lower week-end advices have been counteracted by the movement' of sterling prices. There is little change in "de-

> maud, which is spasmodic. Parcels: Manitobas are ljjd up on the depreciation of sterling; Plates are 3d to 6d I dearer on better Argentine advices. Futures are quoted;— London, April 21s per quarter, June 21s 7d; Liverpool March 4s 93d per cental, May ss, July 5s 2d,' October 5s 4^d. POTATO SHIPMENTS. MAXIMUM WEIGHT SET. CHRISTCHURCH, This Day. Sacks of .potatoes which pass over the Lyttelton wharf must not exceed 1801 b this season. Last year the Lyttelton watersiders complained of excessive weight of the sacks and threatened not to handle them unless some standard were established. A temporary agreement was arrived at whereby the sacks should not exceed 2001 bin weight, and farmers were advised accordingly. This year the arrangement is for sacks not exceeding 1801 b in weight.

BANK OF AUSTRALASIA. PROFIT FOR THE PAST YEAR, LONDON, March 19. The Bank of Australasia, announces a net profit of £265,087, to which is to be added £175,165 brought forward from last year. SYDNEY WOOL SALES. GOOD COMPETITION. SYDNEY, March 19. At the Sydney wool sales, 9832 bales were offered and 9226 were sold while 269 bales were privately disposed of The market was very firm, with good general competition, particularly for good spinning types. Greasy merino made up to 17d. THE SHARE MARKET.

The following sales were mane on the Christchurch Stock Exchange yesterday : UNLISTED STOCKS.

Sales on ’Change. d. £ s. 200 Upper Watut (2s pd.) 50 Woolworths (Sydney), 0 6 0 ord., cum div. LISTED STOCKS. Sales on ’Change. 4 7 9 d. £ s. £200 N.Z. Govt. 4 p.c., Ins., 10 0 1925-55 HO 19 Bank of N.S.W. (4) 30 0 0 10 Reserve Bank 6 10 0 100 Goldbrougli, M. 1 7 7 200 N.Z. Refrig. (10s pd.) 0 8 (2) 7 2(X) Kaiapoi Woollens (17s 0 14 6 paid) 100 Tooths Brewery 2 9 3 400 Dunlop Perdriau ' (3) 50 N.Z. Drug Co. (cum 0 17 19 9 0 div. 3 0 200 Sun. Newspapers 4 3 0 4 4 300 Big River 2000 Goldfields Dredg. (2) 0 0 2 0 2 6 600 King Solomon 0 3 10 0 3 10J 1600 Mahakipawa (4) 0 0 11 Sales Reported. £ s. d. • 100 Goldsbrough, Mort.... 500 Westport Stockton 1 0 7 9 9 Coal (ord.) ... 1 500 Mahakipawa 0 O 11 1700 Skippers ,.. (2) 0 0 4*