COMMERCIAL NEWS

Ashburton Guardian, Volume 56, Issue 127, 11 March 1936, Page 7

COMMERCIAL NEWS

ASHBURTON STOCK MARKET. THE CONCLUDING SALES Concluding sales at the stock market at the Ashburton saleyards yesterday were as follows: Fat Ewes—On account of J. C. HeseLtine (Ashburton), 5 at 15s 4d; W. PPrebble (Winchmore), 17 at 14s 4d, 13 at 14s lOd, 13 at 14s 4d; clients, 56 at 15s lid, 86 at 14s 7d, 40 at 10s 6d. Fat Lambs.—On account of J. Bland (Winchmore), 130 at 23s 4d; clients, 34 at 21s sd, 79 at 21s 7d, 51 at 19s Id, 20 at 20s 4d. Store Ewes.—On account of Chalmers Estate (Ashburton) 58 at 19s 6d, 93 at 265; clients, 82 at 12s 6d, 141 at 22s 9d, 24 at 20s, 47 at 8s 6d, 34 at 20s 9d, 47 at 8s Id, 94 at 21s 7d, 137 at 22s 9d, 41 at 13s lOd, 80 at 15s, 89 at 9s 3d, 52 at 30s, 49 at 18s, 60 at 19s 10:1, 121 at 9s, 149 at 16s 3d, 554 at 6s 4d. Store Lambs.—On account of clients, 128 at 20s Bd, 85 at 13s 6d, 20S at 16s Id. CRAIN AND PRODUCE. AUCKLAND MARKETS. AUCKLAND, March 10. Since the last report there has been a slight easing in the price of pollard in Australia and as a consequence a continuity of supply from that source may be anticipated with greater confidence. Fair supplies are due by the Kartigi on Thursday and are being quoted at £8 15s a ton, ex ship, or 2s 6d more through store. Local mill prices are unchanged, but supplies from this source are still being severely rationed. There is no change m bran. The limited demand for horse teed is maintained at late quotations. t Wheat is still quoted at 6s Id per bushel for graded lines, but merchants report considerable difficulty m getting even small orders fulfilled. The maize trade is still unsatisfactory as stocks are practically unobtainable. The position will next week when a shipment is due to arrive from South Africa. The potato market is still being sup Dlied from local sources and merchant share in the business is comparatively small “hke I>M been marked change since last report. Onions, too, are unaltered. THE SHARE MARKET. The following sales were made on the Christchurch Stock Exchange y terday:— listed stocks. Sales on ’Change. £ s d

SYDNEY WOOL SALES. VALUES FIRM ALL ROUND. SYDNEY, March, 10. At the wool sales 12,009 bales were offered, 9829 sold at auction, and 1949 privately. There was good all-round competition, and prices were firm for all descriptions. Greasy merino- made to- 21Jd. WOOL FIRM AT BRADFORD. LONDON, March 9. The Bradford market is exceedingly firm. Users are making strenuous efforts to cover themselves before the opening of the London wool sales, when Bradford values are expected to be confirmed. DOMINION PRODUCE. HIGH COMMISSIONER’S REPORT. The Department of Agriculture has received the following cablegram, dated March 7, from the High Commissioner for New Zealand, London: — Tallow —Poor demand continues; prices nominal. Hemp.—Manila : Market quiet and easier. Closing values for March-May shipment £2l 10s. Sisal: Market quiet but steady. February-April shipment sold at from £2B 10s to £2B 12s 6d. May-July shipment quoted sellers at £2B 12s 6d. New Zealand : Market nominally unchanged. No first-hand sales reported. Fruit.:— Apples: Good demand. Californian Newtown and Washington Jonathan, 8s to 10s- Oregon Newtown, 9s to 12s 6d ; British Columbian Delicious, 9s to 10s.. Pears: Poor demand prices lower. Californian V inter Nelis, 8s to 13s; Washington Winter Nelis,

5s 6d to 8s 3d; South African Beurre Bose, 8s to 8s 3d; South African Iveiffer, 6s to 6s 6d. . Peas— Maples: market well supplied. Little business reported. lew Tasmanian offered. “A” grade Tasmania for March-April shipment sold at from 53s to 53s 6d. No 1 New Zealand for MarchApril shipment sold at 48s. Prices inclined easier; sale reported 47s 6d down to 475. Blues: Shippers asking £l2 for “A” grade Tasmania March-April shipment but prices are out of range.

£<>40 N.Z. Govt. 4 p.c. Ins., 1943-46 90 Mortgage Corp. — 200 Kaiapoi Woollens (Os paid) 100 N.Z. Breweries 100 Anthony Hordern ... 50 Broken Hill Propty. 100 Dunlop Perdriau Kuober 150 G. J. Coles -• 500 Skippers sales Reported. 102 10 0 4 0 6 0 14 0 15 2 12 1 0 2 19 0 14 3 12 3 12 0 o 9 0 5 3 7 9 6 3 21 £ 8. d. 100 Coin. Bank of Aust. 50 Conn Bank of Aust. (pref.) 10 Bank of N.S.W. ••• 1 0 9 9 34 12 1 0 2 12 6 9 6 rz 300 N.Z. llefrig. (£1 P c ‘.) o 6 30 N.Z. Breweries 1000 Makakipawa (late sale 0 0 0 16 0 0 1 0 p Monday) 9 100 Mount Morgan 1000 Skippers ... 300 Com. Bank of Aust. 3 5 UNLISTED STOCKS. Sales on ’Change £ s. d. 150 Woolworths, Sydney 6 14 6 15 6 6 (ord.) (4)