COMMERCIAL NEWS

Ashburton Guardian, Volume 56, Issue 290, 19 September 1936, Page 9

COMMERCIAL NEWS

FRUIT AND PRODUCE. THE ASHBURTON MARKET. Rhubarb and new season’s vegetables are expected to arrive on the Ashburton fruit and produce market in the coining week. There has been a fair amount of activity in the past week. Onions, cauliflowers and honey are slightly dearer. Dessert apples are a little cheaper, and spinach has made ites appearance on the market. Prices are:— Strawberry Plants —Is 6d, a dozen. Potatoes, Seed (Early)—lJd and 2d. Potatoes —2s 6d a sugar-bag. Bacon—9d and lOd a lb. Wheat—Seconds, 12s to 13s a sack. Clover Seed—6d a lb. Honey—7d to 7*d a lb. Onions— a lb. Walnuts—7d a lb. Dessert Apples—ss to 5s 6d a case. Cooking Apples—2s 6d to 3s 6d a case Cabbages—3d and 4d. Carrots—ls 6d a sugar-bag. Swedes—ls a sugar-bag. Parsnips—ls 6d a sugar-bag. Cauliflowers—ss and 6s a dozen. Spinach—2d bunch. Eschalots—l§d lb. Leeks—2d and 3d a bundle THE SHARE MARKET

The following sales were made on the Christchurch Stock Exchange yesterday:— LISTED STOCKS Sales on ’Change.

Sales Reported.

UNLISTED STOCK. Sales on ’Change. 30 Woolworths (Sydney, ord.) > 5 7 0 BRADFORD TOPS MARKET. (United Press Association —Copyright) LONDON, September 17. The Bradford market is quiet. Merino, tops show an easier tendency. Crossbreds are hardening. Yarns are quiet, with crossbreds still wanted. Quotations are:—7o’s, 33£d; 64’s, 32d ; 60’s, 31d ; 48’s, 25*d ; 56’s, 20*d; 50’s, 16d; 46’s, 14d ; 44’s, 13£d.

DAIRY PRODUCE IN LONDON. The National Mortgage and Agency Company of New Zealand, Limited, are in receipt of the following cablegram from their principals, Messrs A. J. Mills and Co., Ltd., London:— Butter—Market slow. New Zealand finest, 104 s to lC6s: New Zealand first, 103 s to 104 s. Danish, 1225; f.0.b., 102 s. Australian, 105 s to 106 s. Cheese—Market slow. New Zealand white, 67s to 67s 6d; New Zealand coloured, 65s 6d to 665.

GRAIN AMD PRODUCE. THE DUNEDIN MARKET. DUNEDIN. September 18. The fowl wheat market remains firm, and it is anticipated that higher values will be ruling from now onwards. This anticipation is based on the fact that next season’s crops are expected to be below New Zealand’s requirements, and that importations of wheat will be ruling at high values. The local weather conditions have prevented farmers from getting their ground ready for sowing. The present value of fowl wheat is 4s 9d to 4s lOd a bushel, sacks extra, and up to 5s ex store is being asked for gool quality. The oats market is unaltered with A Cartons worth 3s 4d to 3s 5d f.o.b.s.i. There are few inquiries from the North Island, and only small lots are being shipped to that quarter. Stocks in stores are on the light side, and most of the seed will be wanted for seed purposes. Supplies of chaff are equal to the deman, and the market has, if anything, a. weaker tendency. It is expected that with spring work coming on farmers will not he inclined to cut chaff, and that it will he more difficult to secure supplies. Best quality is worth £4 10s a ton, sacks extra, ex truck. Inquiries for potatoes for shipment

to the North Island were being received at this port, hut during the past few days the demand has fallen off. There is a fair quantity of potatoes held in stores, but these require picking over before they can he sold. The seeds market is quiet hut firm in the absence of export business during the past two or three weeks, but merchants consider that during Octc* ber and November there will be an inquiry from overseas for ryegrass, cowgrass, and white clover. A considerably increased area is being sown down throughout the South Island. Merchants have ample stocks for retail orders, and in the meantime are not prepared to buy any further.

QUOTATIONS AT MELBOURNE MELBOURNE, September 18 Wheat —5s OJd. Flour—£l2 ss. Bran—£s 15s; pollard, £6. Oats —2s 4d. Barley (English)—3s 3d to 3s 4d. Maize—os 2d to 5s 3d, Potatoes —£7 5s to £B. Onions—£l6.

£200 N.Z. Govt., 4 p.c.. £ s. d. Ins., 1937-40 101 15 0 100 Comm. Bank of Aust. 0 18 4 100 Bank of N.Z. 1 19 2 100 Goldsbrough, Mort. ... 1 13 8 50 N.Z. Breweries 2 12 6 100 Anthony Hordern 0 18 8 150 Broken Hill Propty. 3 16 1 (ex rights) ... 100 Dunlop Rubber (cum 3 16 0 div.) 0 18 1 50 Electro. Zinc (ord.) 2 3 0 50 Electro. Zinc (pref.) 50 G. J. Coles (cum 2 4 5 rights) (cum div.) ... 200 Wilcox, Mofflin (cum 4 0 9 div.) ... (2) 0 12 5 1900 Argo (cum div.) (4) 0 1 9 300 Mount Lyell 1 9 4 1 9 3 1 9 3 100 Mount Morgan 0 12 4 100 Rawang Tin ... 0 9 2

£500 N.Z. Govt., 4 p.e., Ins., 1937-40 (2) 101 15 0 400 Comm. Bank of Aust. * (2) 0 18 4 200 N.Z. Guarantee Corp. {cum div.) 0 5 7 100 Staples Brewery 1 15 0 100 Broken Hill Propty. (15s paid) 2 16 3 50 Electro. Zinc (pref.) 2 4 6 50 G. J. Coles (cum rights) 4 0 6 200 Mores Dock ... 0 11 11 100 Pawang Tin 0 9 2 100 Sulphide Corpn. 0 16 9