COMMERCIAL NEWS

Ashburton Guardian, Volume 55, Issue 178, 11 May 1935, Page 7

COMMERCIAL NEWS

- FRUIT AND PRODUCE.

THE ASHBURTON MARKET. The price of bacon, cooking apples and onions on the Ashburton fruit and produce market this week has shown an increase. Other commodities remain unchanged. Values are as follow: Potatoes —lis and 12s a sack. Bacon —lOd and Is a lb. Wheat—Seconds, 10s to 12s a sack. Honey— 7d to 7£d a lb. Onions—l a and 2d II). Lettuces—3d to 4d each. Cabbages—3d and 4d each. Tomatoes —Is 6d to 2s 6d a case. Apples—Delicious 5s Gtl to Gs (id, Jonathan 5s 6d to 6s Gd, cooking 5s to 6s. Pears—Cooking 2s to 2s (3d a case. Marrows —4s, to 5s a dozen. Chaff—2s 3d and 2s 6d a sack. Pumpkins—ld a lb. Quinces —ljd and 2d a lb. Walnuts —5d and 6d a lb. Pie-melons —lid to 1-i-d a lb. Carrots —2s 6d a sugar bag.

GRAIN AND PRODUCE. CHRISTCHURCH MARKETS. CHRISTCHURCH, This Day. Trading on the Christehtirch grain and produce markets remained quiet throughout the weak. The bulk of the business transacted was in the potato market, and here merchants were mainly occupied in covering orders for May. The demand from the north was easier, but the inquiry locally was fair. Growers have commenced diguing on the main crop and some lines are showing good quality l , but others are only fair. The prospects are for an average season. Quotations remain unchanged. Pollard has firmed and the quotation to growers has increased by 10s. Small quantities of wheat are still coming forward, and arc being readily taken up by the mills. Fowl wheat is in good demand, with no change in prices. The market for agricultural seeds is almost lifeless. Prices in these lines are purely nominal. Following are nominal prices quoted to bo paid to farmers on trucks at country stations, sacks extra unless otherwise mentioned:— Milling Wheat—May delivery, Tus-

can 4s 2d, Hunters 4s 4d, Pearl and Velvet 4s 6d f.o.b. Fowl Wheat—3s 9d to 3s lOd on trucks. Oats—Cartons 2s 3d to 2s lOd; Algerians 2s to 2s 3d, Duns 2s 9d to 3s, according to quality. Chaff—£3 2s 6d to £3 ss. Barley—2s 6d to 3s, according to quality. Partridge Peas—ss 3d to 5s lOd. Linseed—£l3 to £l3 10s a ton. Cocksfoot— Akaroa, 9|d to lid. Ryegrass—Perennial, Italian and Western Wolths, 2s 9d to 3s 3d. Clovers—White 6d to 9d; red, 7d to 9d. Potatoes—Prompt delivery, whites £4 to £4 ss, Dakotas £4. Onions—Pronr.pt £lO to £ll a ton. Bran—Local £4 10s. Pollard—£s 15s large size, £(5 5s small size. Flour—Local £l2 12s, shipping £ll 17s, with the usual increments for smaller packings.

DUXEDIN MARKETS

DUNEDIN, May 10. The milling wheat maiket is unchanged. Fowl wheat is in short supply, as the wheat crops in Otago this season were mostly of milling quality and the quantity released by the Wheat Purchase Board for fowl wheat purposes has not been sufficient to meet the local demand. Supplies at present are being drawn from northern centres, where the equivalent of f.o.b. price of 4s 4d a bushel is being paid. Adding railage and other charges to fowl wheat sent south, the cost to local feeders is fairly high. Little business is being recorded in the outs market, either for shipping or millers' requirements. To-day's shipping prices are 3s 3d a bushel, f.o.b.s.i. lor A Cartons, and 3s for B's. The equivalent values at the country railway sidings are round about 2s l()d and 2s Gd respectively. Good samples of Duns are few and far between, and it has been impossible to secure sufficient, to supply the demand for this class of oats from the North Island, i

Supplies of chaff are still being drawn from Canterbury, where the market remains steady at recent rates. The quality of the Canterbury chaff is good, and there have been some excellent deliveries from Mid and South Canterbury locally. Chaff, ex truck, is worth £5 a ton, with £5 5s being asked for lots ex stores. There has been little alteration in the local potato prices, which for some time past has been above f.o.b. quotations in Christchurch and Timara. There have been traces of blight in a great number of lines reaching the market, and these will require to be

placed on the market as quickly as possible. Export prices of seeds have been receiving a little more attention. This position applies particularly to Chewing's fescue and brown top, two of the principal export varieties of seeds in Otago and Southland. Prices for both these seeds have hardened. Chewing's fescue is to-day worth Is lid per lb, .and brown tor* 2s. ' Prices of cocksfoot and perennial and Italian reyegrass remain steady, but there has been a distinct easing in the cowgrass market. Prices for white clover opened on the low side, and there has been little variation in values as the season has progressed. MELBOURNE MARKETS. MELBOURNE, May 10. Quotations are: — Wheat— 3s 3d, 3s 4|d. Flour—£ll 12s 6d. Bran—£4 10s. Pollard—£4 15s. Oats—2s 3*d, 2s 4d. Barley—English, 2s 9d, 3s. Maize—is Gd. Potatoes— £5 ss. £5 10s. Onions —£7 10s, £7 12s 6d. MARKETB IN BRITAIN. LONDON, May 9. Wheat Cargoes are quiet and steady. Parcels are easier. Futures are quoted:—London: Juno 23s 7d ! per quarter, September 24s Id. Liverpool: May 5s 3 5-8 d per cental, July 5s s.|d, October 5s 7;]d, December 5s 9d. Spot trade is quiet. Australian, exship, 28s Gel. Flour—Slightly easier. Australian,, ex store, 21s Gd. Oats—Small demandu Australian Algerian 19s to 19s Gd, A Cartons 21s to 225. Peas—Maples, steady ; Tasmanian, 58s Gd to 60s, New Zealand 57s to 58s 6d. Blues, quiet; Tasmanian 190 s to 1955. Beans—New Zealand 33s to 345. METHVEN STOGK SALE. Only moderate entries.of fats were received for the fortnightly stock sale held at Methven on Thursday, but there was a good yarding of store slice]). In spite of the inclement weather there Wfis a good attendance of farmers. The sale all through was keen, and satisfactory prices were obtained for all classes of sheep. Only a. few oattle were offered, and these attracted little attention, while a fair

yarding of pigs sold at satisfactory prices. Sales were : Fat Sheep—Thirty ewes/at 14s 3d, 36 at I4s 3d, 25 at lis 9d, 49 at 10s 6d, 34 at 9s Id, 19 at Ss 6d, 30 at lis 3d, 20 at 17s, 19 at lis Gd, 39 at 13s Id, 79 at 10s 6d, 22 lambs at 15s 7d, 22 at 19s Id, 12 at 13s 4d, 6 at 15s 9d, 23 at los 7d, 17 at lis Id. Store Sheep—One hundred and fifty wethers at 16s lOd, 74 rape lambs at 9s 9d, 64 three-quarterbred ewe lambs at los 6d, 89 halfbred wether lambs at 12s 4d, 453 four, six and eight-tooth halfbred wethers at 18s 10d, 150 do. at 17s 6d, 29 failing-mouth ewes in lamb at 13s 7d. 179 three-quarterbred wether lambs at 12s Id, 254 lambs at 13s 3d, 119 lambs at 9s 6d, 11 two, four, six and eight-tooth ewes at 18s, 162 fullmouth halfbred ewes at 15s 3d, 118 two, four and six-tooth ewes at 19s, 235 six and eight-tooth halfbred wethers at 17s lid, 01 at 16s lOd, 70 at 13s Id, 141 at 13s, 65 rape owes at 9s, 43 two-tooth halfbred wethers at 20s, 102 do. at 255, 225 sound-mouth halfbred ewes at 17s lid, 178 soundmouth halfbred ewes at los, 22 ewes at 10s 9d, 19 rape e\yes at 8s 6d, 32 do. at lis 3d, 6-1 halfbred wethers at 14s, 74 wethers at 7s 4d, 37 rape ewes at 5s Gd, 69 sound-mouth halfbred ewes at 16s 3d. Pigs—Five porkers at 31s, 2G weaners from 7s to 13s, stores from 22s to 255.

DAIRY PRODUCE IN LONDON.

% LONDON, May 9. The butter market is steady. Quotations are: Danish 88s; choicest salted, New Zealand 77s to 78s, Australian 75s to 76s ; unsalted, New Zealand 80s, Australian 7Gs. The cheese market is quiet. Quotations: New Zealand, white 445, coloured 15s; Australian coloured lis Gd. The National Mortgage and Agency Company of' New Zealand advise having received the following cable message from their principals. .Messrs A. J. Mills and Company, Ltd., London : Butter—Market is quiet. Finest 77s to 78s. firsts 7Gs to 775, Danish SGs to BSs. f.o.b. G7s, Australian 7Gs. Cheese —Market is steady. White 43s to 43s Gd, coloured 44s Gd to 455, Canadian 60s to 625, Canadian e.i.f. 5Ss to 60s. i