COMMERCIAL NEWS

Ashburton Guardian, Volume 56, Issue 28, 14 November 1935, Page 7

COMMERCIAL NEWS

} GRAIN AND PRODUCE. ; l THE ASHBURTON MARKET; i Owing to Carnival Week holidays, jbusiness on the Asliburt’on grain, seed 1 and produce market this week has been ‘ Somewhat disorganised. ‘ There is still a strong demand for good whole. fowl wheat, and supplies locally are short. The North Island demand is being satisfied from Australia. _‘ p . The northern market .is also being supplied with oats from thesame quarter, but it is reported: that the quality has not been very satiSfactory‘. The market for Partridge peas is dormant; ' ‘ - Odd inquiries for potatoes are still coming to hand. from the North Island, but in the absence of local supplies no quotations can be made. 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 sd. Hunters 4s 7d, Pearl and Velvet 4s 9d (all "fro-4b.). Good whole fowl wheat 4s. Wheat seconds 38 6d to 3s 9d. ‘ OatSMGartons 33 to 38 2d, Algerians 23 6d to 23 Bd, Duns 3s 3d per bushel. 1 ChafE—-Good bright oatshe'af £3 55. Grass Seeds—Perennial Italian and Western Wolths 23 6d to 38, (nicks foot 10d, white clover 6d to 9d, red clover 7d to,9d. , * Partridge Peas—No. 1 grade 53 to 53 3d, f.a.q.’s 4s 6d. AMERICAN WHEAT QUOTATIONS. (United Press Assoéiation—mCopyright) NEW_ YORK, Nov. 12. Wheat quotations are as follows :-—— Chicago: December 94% cents a bushel, May 95%, July 89. . New York (cash): 124%. BURNSIDE STOCK SALE. 1 (Per Press Association.) . l DUNEDIN, Nov. 13. ‘ _ Smaller entries Were for Ward in both i the major sections at the Burnside sale ‘ to-day. The entry of fat cattle numbered 211 head, the quality generally being disappointing. Prime heavy bulj locks were in the minority, the bulk oi the yarding comprising medium quality cattle with a larger percentage than usual of cows and heifers. _On account of the short supply, prime heavy bullocks' were in keen demand, values showing an increase of £1 a head compared with rates obtained at the previous sale. .All other descriptions sold 105 a. head firmer. Over the final race the sale had an easing ten.— dency. - , ' . There ivas an entry of 200 head in the store cattle section, there being several pens otthree and four-year-old steers forward, which sold from £5 to £7 Bs. Vealers were in short supply, and met a buoyant sale, while graziers’ cows were also in demand. The small entry of ‘2B dairy cows was of mixed appearance and did not attract much attention, sales being difficult to ef—feet. In the fat sheep section, an entry of 797 was submitted. The display of both ewes and wethers was attractive. The entry being insufficient for reguirements, there was keen competition for all classes, heavy sheep in particular meeting a brisk demand and selling at an advance of 25 to 35 a head. Prime heavywoolly wethers sold to 435, best ewes to 418, and wcthers and ewes out of wool realised to 20s‘and 265. Light" er and medium sheep did not receive the same attention, and the rise in this class was 13 6d a head. The entry of 72 fat lambs met a keen deshowcd an increase of fully 43 a head prevmus sales. In the fat lpig section, 126 were penned. The save of porkers opened with buyers quoting prices on a par with late rates, but the market showed considerable improvement as the sale pro; 1 grassed, and over the final races values 1 were from 53 to 7s a head higher than the opening rates. Baconers partials pated in the rise by 35 to 55 a head. i The store pig offering numbered 92. Buyers were plentiful, and a keen sale at satisfactory prices resulted.‘ THE SHARE MARKET. i i The following sales were made on ithe Christchurch Stock. Exchange yes- } terdayav

SYDNEY WOOL SALES. PRICES IN SELLERS’ FAVOUR. SYDNEY, Nov. 13. At the wool sales 12,163 bales were offered, 11,441 sold at auction, and 649 privately. ‘ Good to best descriptions of fleece and skirtings ruled strongly in sellcrs’ favour, while average sorts were particularly firm. ' The chief operators were Yorkshire, Japan, America, Germany and France. Greasy merino sold to 23%(1.

LISTED STOCKS. Sales on ’Change. .8 s. d. 100 N.Z. Refrig. (108 pd.) 0 10 11 100 N.Z. Breweries (2) 2 13 3 50 Broken Hill Prop'ty. / (cum div.) 2 17 6 100 Browen Hill P‘l'opty. (55 paid). 1 7 3 .100 Kauri Timber (cum , div.) . 1 3 '8 250 Mount Lyell 1 1 0 - ' 1 0 1].. 1 1 0 Sales Reported. £ 8 d. 1000 ‘Skip-pers 0 0 25}: 200 Mount Lyell (late sale Monday) 1 1 0 50 Union Bank (late sale Monday) 9 10, 0 300 Natl. Bank of N.Z. - (2)3 3 13 O UNLISTED STOCKS. Sales Reported. :3 s. d. 100 T’imroll‘ Seal (late sale Monday 2 5 O