COMMERCIAL NEWS

Ashburton Guardian, Volume 56, Issue 72, 7 January 1936, Page 7

COMMERCIAL NEWS

DOMINION PRODUCE. HIGH COMMISSIONER'S REPORT. The Department of Agriculture has received the following cablegram dated January 4 from the High Commissioner for New Zealand, London:— Tallow Spot market quiet during the holidays; prices unchanged except beef, sweet and/or mixed, 32s to 365. Peas—Maples: Poor demand; prices have declined. No. 1 N.Z. afloat offered 50s; buyers not interested. New crop A grade Tasmanian Feb-March shipment sold at from 46s to 46s 6d. Blues: Market quiet. New crop Tasmanian Feb-March shipment offered at beginning of December £lO 15s. Buyers not interested. Nominal value is £lO. GRAIN AND PRODUCE. CHRISTCHURCH MARKETS. CHRISTCHURCH, January 6. Provided the weather holds, excellent grain crops are anticipated this season. Wheat, oats and barley are looking particularly healthy, there being little smut and rust showing on the wheat. In the Ellesmere district record crops are expected. Some oats have already been cut, and it seems from the samples that the crop will be very good. It only needs good weather now to enable the grain to fill out. Threshing of oats should commence about the end of this week and opening quotations should be in the region of Is 8d or Is 9d. Australian Algerians are selling very cheaply in the North Island at present, and local prices will have to be brought down to meet the competition. FROZEN MEAT TRADE. Messrs J. T. Thomas and Co. have received cable advice from their London agents, under date January 4, as follows: , ' New Zealand Lambs—Down 2's, B£d, B|d; lambs, Down, 7 5-Bd, 7 7-8 d; 2's, Bd, BJd; B's, Bd, B£d; seconds, 7£d, 7§d. New Zealand Mutton—Small, sd, 6d; large, 3-Jd, ' New Zealand—Ewes, small 3fd, 3j£d; large, 2|d, 3|d. New Zealand Frozen Beef—Ox hinds, 3*d, 3|d; ox fores, 2£d, 2Jd. New Zealand Chilled Beef—Hinds, 4Jd, sd; fores, 2d, 2*d. South American Chilled Beet—Hinds, sd, 6d; fores, 2|d, 21d. New Zealand Pork—6|d, Id. Australian Lambs—Gd.^id. Argentine Lambs—6d, 7d. Lambs; Weaker values are ruling owing to lack of demand. Wethers: There is a better inquiry for light weights. . Ewes: The market is quiet but firm. Beef: Trade is slow. Pork: The market is quiet and unchanged. ~ Trade generally is affected by the holidays. DAIRY PRODUCE IN LONDON. The following market report was received on Saturday from the New Zealand Produce Association, .Ltd., London: — , ~ Butter and cheese markets are botii firm. New Zealand butter 98s to 100 s per cwt. Cheese: White 57s to 58s, coloured 61s 6d to 625. GERALDINE STOCK SALE.

A special market- was held in Geraldine, stock coming forward in sufficient numbers to warrant the sale lhe lamb market was up to full schedule rates. Fat sheep, few of which were yarded, were selling at values not quite so good as at the morning sale at Pleasant-Point. Sales were:— Fat lambs, 18s 7d to 24s Id ; fat ewes, in wool, to 20s Id ; fat ewes, shorn lis to 15s Id; fat wethers, 17s 6d to 21s.