COMMERCIAL NEWS

Ashburton Guardian, Volume 55, Issue 165, 26 April 1935, Page 7

COMMERCIAL NEWS

GRAIN AND PRODUCE. THE ASHBURTON MARKET. The Easter holidays have disorganised business on the Ashburton grain, seed and produce market. Values showno change. The following are prices to be paid to farmers, on trucks at country stations, sacks extra unless otherwise mentioned:—

Wheat—New season's: Tuscan 4s Id, Hunters 4s 3d, Pearl and Velvet 4s 5d (all f.0.b.). Good whole fowl wheat 3s Bd. Wheat seconds 3s 3d to 3s 6d. Oats— Gartons 2s 3d to 2s 6d, Algerians 2s to 2s 3d, Duns 2s 3d to 2s 9d per bushel.

Chaff—Good bright oatsheaf £3 5s per ton. Grass Seeds—Perennial Italian and Western Wolths 2s 6d to 3s, cocksfoot lOd white clover 6d to 9d, red clover 9d to lid. Partridge Peas—No. 1 grade 5s lOd, f.a.q.'s ss.

SOUTH CANTERBURY. (Special to the " Guardian.") TIMARU, This Day. The South Canterbury grain, seed and produce markets are quiet this week on account of the holidays. There is just an odd line or two of wheat coming on to the market. Millers are depending mainly on the Board for further supplies. At present they are amply supplied. Prices are: Tuscan 4s Id, Hunters 4s 3d, Velvet 4s 53 a bushel, all f.o.b. Apparently the North Island is well supplied with fowl 'wheat. There is very little inquiry, the nominal quotation being 3s lid a bushel on' trucks. Very few grade oats are available in this district, and any heavy lines of Gartons are being accepted at 2s 9d to 2s lOd a bushel on trucks. There are odd inquiries for Algerians at 2s 5d a bushel on trucks. Chevalier and Cape barley are worth 3s a bushel on trucks, and black barley 4s. Linseed' is quoted at £l2 10s a ton on trucks. Partridge peas are worth 5s 9d to 6s a bushel on trucks. The value of good bright oatensheaf chaff is £3 5s a ton on trucks. A fair quantity of potatoes is now offering, the nominal quotation being £4 15s a ton on trucks. Ryegrass, Weltern Wolths and Italian are quoted at 2s 9d a bushel on trucks. There is no inquiry for these lines. Cocksfoot is worth 'Bc| per lb (plain), dogstail Is 4d (machinedressed). Brown Top Is 8d (certified), and oowgrass, Bd. There is no change in the prices of flour, bran and pollard this week.

DAIRY PRODUCE. OVERSEAS QUOTATIONS. The New Zealand Dairy , Producs Board has received the following market report from its London office dated April 18: Butter. New Zealand—Salted, 76s to 77s (last week 77s to 78s, last year 70s); unsalted 78s to 80s (78s to 80s, 71s to 735). Deliveries, tons, 1548 (2168, 2250); in store, tons, 4542 (4815, 9863). The price for salted equals approximately 8.75 d f.o.b. The market is steadier at the lower prices. Retail prices are unchanged—Danish Is, New Zealand lOd. Australian—Salted, 71s to 725; unsalted, 74s to 755. Danish—,76s f.0.b., 98s spot, Dutch—Unsalted, 78s to 84s. Latvian —Unsalted, 78s. Lithuanian —Unsalted, 80s. The Board has also received the following advice from its agents in Canada:—Butter: New York cents, Montreal 24 cents. Cheese. New Zealand—White, 44s to 44s 6d (last week 44s 6d to 455, last year 42s to 42s 6d); coloured 45s 6d to 46s (46s to 46s 6d, 41s 6d to 425). Deliveries, crates, 14,094 (18,459, 21,838); in store, crates, 142,215 (156,302,114,536). The price for white equals approximately 4.66 d f.o.b. and for coloured 4.86 d. The market is quiet. The New Zealand retail price is unchanged at 6d. Australian—White, 42s 6d to 435; coloured, 435, ex. 445. Canadian—White, 00s to 625; coloured, 60s to 63s (60s to 625). English—Finest fanners, 82s to 90s; factory cheese, 39s to 435. Minimum Prices. The minimum f.o.b. prices until further notice remain unchanged at:— Butter, 9id, less l-\ per cent, commission (75s lid, c.i.f.e.). Cheese, s£d, less 1£ per cent, commission (44s lid c,i.f.e.).

BURNSIDE STOCK MARKET.

DUNEDIN, April 24. There was an entry of 207 fat cattle at the Burnside sale to-day, comprising a few consignments of heavy cattle, but the bulk of the yarding was confined to medium quality. There was a larger proportion of cows and heifers than usual. It was an even sale salo throughout, values showing very little variation, on the previous market. Store Cattle—2lß were penned. The entry included several pens of three and four-year-old steers. These met with a keen demand, the three-year-olds selling from £4 10s to £5 10s, while a pen of four-year-old well-bred steers from Central Otago realised £7 Is. These prices showed an appreciation of about 10s per head on recent markets. Fens of cows and: heifers in forward condition sold at from £3 to £4, but prices for aged and cull cows were unchanged. Yealers had a steady market at no alteration in value. The entry in the dairy section numbered 40, and close to profit sorts attracted most competition, selling at from £4 to £5 10s. Aged cows and spiing calvers were difficult to dispose of-

There was an extremely small entry of fat sheep, only 760 being submitted to auction. The offering consisted

principally of ewes, heavy wethers being distinctly in the minority. The small entry had the effect of ensuring animated competition throughout the sale for all heavier grades, and values appreciated for this class by 2s per head. The lack of export competition for lighter grades had a detrimental effect on this class, and late values were barely maintained. There was a small entry of fat lambs, the quality, with one or two exceptions, being only fair. Export buyers were not in the market, and competition was confined solely to butchers. The market had an easing tendency, andl values were Is per head lower than at* the previous sale. Fat Pigs—There was a small entry of 81, and a firm market. Best baconers sold to £4 75,, and porkers at from 35s to £2 15s. There was very little demand for the small entiy of 73 store pigs, and prices showed an easing tendency.