COMMERCIAL NEWS

Ashburton Guardian, Volume 56, Issue 159, 18 April 1936, Page 7

COMMERCIAL NEWS

FRUIT AND PRODUCE. THE ASHBURTON MARKET. With a falling-off in the supply of tomatoes in the Ashburton fruit and produce market the price has firmed, being,about a penny a pound dearer. The week has been fairly quiet. Marrow supplies have become more plentiful, and are selling according to size. Quinces and onions have shown a slight firming in price. A good supply of cooking and dessert pears is available, and these are being sold in case lots. Potatoes have firmed by sixpence a sugar-bag. Values are as follow: Potatoes —3s a sugar-bag. Bacon —lOd to lid a lb. Wheat—Seconds, 12s to 13s a sack. Honey—6id to 7d a lb* Onions —Id a lb. Walnuts—fid and fib a lb. Tomatoes —2d and a lb. Peaches —3s to 4s fid a case. Dessert apples—4s, 5s and 6s a case. - Cabbages —3d and 4d. Carrots —2s a sugar bag. Pears—ls, Is 6d to 2s fidi a case, dessert or cooking. / „, Cooking Apples—2s fid to 3s fia a case. Swedes —2s a Bugar bag. Marrows —4d, fid and Is, according to size. Quinces —2d to a lb. Parsnips—2s a sugar-bag. GRAIN AND PRODUCE. DUNEDIN MARKETS. / (Per Press Association.) DUNEDIN, April 17. The milling wheat market is unchanged. Samples are still coming m from the country and these to show variation in quality. er wheat is in good condition, millers are keen purchasers for prompt delivery. The fowl wheat market is quiet and is inclined to ease, as there is now more of this class of wheat available, ine wholesale value of the best quality is 4s fid ex store, Dunedin, for good lines. A quantity of under-grade fqwl lyheat is on offer, and this is selling at a lower

alteration can be recorded in the oats market. Shipping inquiries are slack, and only an occasional_ order- is bfeing received from the North Islan on a basis of 2s ll*d f.o.b. for A Cartons and 2s 9d for B’s Fanners are holding any lines they have threshed, but odd sales have been made. A gooc many of the oats have been damaged by the weather, especially m the districts close to Dunedin, Further south the quality of oats is much better. The distributing trade in chaff is.poor.The demand is confined mostly to sales o small lines ex the stores The current value is £4 10s a ton sacks extra, for truck lets, and up to £5 for smal 6X During the week there have been several inquiries for potatoes from th North Island. These inquiries have ie- * suited in Some business going throng and the market can be said to o firmer The demand for shipment is stronger than the demand for the local trade 8 in which distributors are sti content to buy in small quantities. The best are worth £5 a ten, but high values can be made for fmgEdwards. ; Trade in most lines of seeds oon tinues quiet. The business passing m, ryegrass is small, with farmers still holding out for higher prices and these merchants are not prepaied to p y • Ordinary ryegrass is plentiful, but there appears to be a scarcity of ceiti fied ryegrass consequent on the unseasonable weather in the North island which caused damage to a large proportion of the Hawke s Bay crop. Cocksfoot is still firm, with merchants asking Is 2*d a lb. Fescue is firmer, there being more inquiries from overseas. Dogstail remains steady and Brown Top is inquired for at the increased prices lately ruling. MELBOURNE MARKETS. MELBOURNE, April 17. Wheat—3s l(R-d. Flour—£9 7s fid. Bran —£6. Pollard—£7 ss. Oats—2s 2d to 2s 3d. Barley—2s 4d to 2s 5d.. Maize —5s to fis 2d. Potatoes —£8 to £9. Onions—£7 15s to £8 10s. CHICAGO WHEAT QUOTATIONS. NEW YORK, April 16. Chicago wheat quotations are:—May 98 cents a bushel, July 89i, September 74i The spot trade is quiet. Australian, ex ship, 32s 6d. Flour is quiet. Australian ex store is worth 22s to 22s 9d. ENGLISH WHEAT QUOTATIONS, LONITON, April 16. Wheat cargoes are firmer and parcels are firm. Futures are quoted:—London: May 28s 9d per quarter, July 28s Liverpool: May 6s l|d per cental, July 6s 2|d, October 6s 2|cl. DAIRY PRODUCE. BUTTER MARKET QUIET. LONDON, April 16. Butter—Quiet. Danish, 105 s. Choicest salted New Zealand and Australian 87s. Unsalted New Zealand and Australian 87s to 88s. Cheese—New Zealand, white and

coloured, 523 6d to 535; Australian, white and coloured, 52s to 52s Gd.

The National Mortgage and Agency Company of New Zealand, Ltd., report having received the following cablegram from their principals, A. J. Mills and Company, Ltd., London: — Butter —Market is quiet. Finest 86s to 87s, firsts 85s to 86s, Danish 104 s, f.0.b., 80s, Australian 86s to 87s. Cheese-Market is quiet. White 52s 6d to 535, coloured 60s to 625. BRADFORD TOPS MARKET. LONDON, April 16. The Bradford tops market is steady, with very little business. Quotations are:—7o’si 35d, 64’s 33d, 60’s 32d, 58’s 26d, 56’s 21Jd, 50’s 162 d, 46’s 14*d, 44’s 13JdNATIONAL BANK OF AUSTRALASIA, LTD. HALF-YEARLY DIVIDEND. WELLINGTON, April 17. Tli© Board of Directors of the National Bank of Australasia, Ltd., decided, subject to audit, to recommend a dividend of 5J per cent, per annum on both classes of shares for the halfyear ended March 31. This advice has been received by the National Bank of New Zealand, Ltd., New Zealand agents for the National Bank of Australasia, Ltd. FARMERS’ HORSE FAIR Demand for working draughts was keen at the New Zealand Farmers’ Cooperative Association horse fair yesterday. Satisfactory prices were obtained for an entry of good quality. Sales were:— Geldings—4yrs, £45; 6vrs, £36 10s; lOyrs, £45; 6yrs, £54 • Byrs, £43; 9yrs £25 10s, aged £25. Mares—6yrs, £sl; aged, £l7 ; 7yrs, £55; aged £3O; aged £ls; aged £3. Hack mare —lOyrs, £B.