COMMERCIAL NEWS

Ashburton Guardian, Volume 58, Issue 38, 24 November 1937, Page 3

COMMERCIAL NEWS

GRAIN AND PRODUCE. THE CHRISTCHURCH MARKETS. CHRISTCHURCH, This Dav. There is exceptionally little activity at present in the grain and produce markets, which are between seasons for many lines. The inquiry for potatoes keeps up, but Canterbury supplies are cleaned out, and any that farmers still have are saleable at up to £l3 a ton Little interest is being taken in next year’s crop, as it appears that the supply will be plentiful given normal weather. Small seeds are quiet but firm. Oats and chaff are in good demand, but hard to get. Quotations. The following are the prices quoted to farmers, on trucks, at country sidings, unless otherwise indicated: Wheat—Milling, f.0.b., Tuscan 5s od, Hunters 5s 7d, Pearl 5s 9d. Fowl wheat, prompt, to 6s f.o.b. Oats—A Cartons to 3s 2d, B Cartons 3s ■ Algerians, to 2s 10d ■ Duns, 2s 9d to 3s 3d. Ryegrass—Perennial, 2s 6d to 3s ; Italian, 2s 6d to 2s 9d. Cocksfoot—Plains, 7d to 8d; Akaroa, 5d to 9d per lb. Cowgrass—6d to 7d per lb. White Clover—Bd to lOd. Chaff—To £4 a ton. j Barley—Feed, 4s a bushel. Partridge Peas—4s 9d to 5s a bushel. Bran—L&rge, £4 15s ; small, £5 ss. Pollard—Large, £6 5s a ton; small, £6 15s. AUCKLAND. ' I , AUCKLAND, November 23. Contrary to the usual experience at this season of the year, potato prices remain at high levels. Pukekohe is at present the chief source of supply, and is finding it difficult to meet the extraordinary demand which comes from all quarters. This difficulty has been emphasised by a temporary shortage of Maori diggers. The quotation for Pukekohes is 8s to 8s Gd a sugarbag. The market is still supplied with Canadian onions, which sell freely at 20s per 1001 b. Horse feed is dull of sale and there is no change in the prices of either oats or chaff. Australian wheat is selling freely at 7s 3d a bushel, and another shipment is due about December 6. Stocks of South

African maize are being depleted, bui so far dealers have not had to call upor the Bay of Plenty for supplies, excepi for direct railing to other parts of the province and to Taranaki. Clipped barley still sells at 6s Id to 6s 3d a bushel, but feeders expect to buy better early next month when the first of the Australian new season’s crop becomes available. This is being offered at 5s 3d to 5s 6d a bushel for clipped, and from 4s lid to 5s 2d unclipped, quotations being ex wharf. More, pollard is available from local mills, but the position in Australia is firmer. Bran is also coming to hand more freely, but there is still difficulty •in filling all orders.' WHEAT PRICES IN BRITAIN. \ LONDON, November 2?. Wheat cargoes have risen and parcels are dbarer. Futures are quoted:— London—November 43s ltd a quarter, January 42s o|d. Liverpool—December 7s lltd per cental, March 7s 8 5-Bd, May 7s Bd.

THE SHARE MARKET. The foilowingjsales were made on the Christchurch Stock Market yesterday : LISTED STOCK. Sales on 'Change.

Sales Reported. £3200 N.Z. Govt., 4 p.c. 1946-49 ••• 103 0 0 £BOO N.Z. Govt. 4 p.c. Bonds, 1946 ... 103 0 0 £llOO N.Z. Govt. 4 p.c. Bonds, 1949 ' >..103 0 0

SYDNEY WOOL SALES. SYDNEY, November 23. At the wool sales, 10,756 bales were offered, 8470 were sold at auction, and 650 privately. There was an improved demand today from the Continent and Yorkshire. Prices were firm at yesterday’s rates. Greasy merino realised to 265 d. DAIRY PRODUCE IN LONDON. By arrangement with the Primary Products Marketing Department the following information is supplied:— Butter. New Zealand—Salted 120 s to 122 s (last week 136-138 s). Australian—Salted 120 s to 121 s. Unsalted 1265. ‘ Danish—l2os f.0.b., 142 sto 144 s spot. Dutch—Unsalted 1225, ex. 131 s. Polish—Salted and unsalted 113 s to 114 s. Market closing. steadier following further sharp decline. New Zealand retail price reduced to Is 4d, Danish to Is sd. New Zealand retail price expected to be reduced to Is 3d on Monday, London area only. Cheese. New Zealand—White 71s to 71s 6d (735), coloured 70s to 70s 6d (72s to 72s 6d). . Australian—White 68s to 69s 9cl. Market quiet. New Zealand retail price unchanged 9d. Canadian—White 72s to 735, coloured 73s to 745; c.i.f. 68s. English—Finest farmers’ 92s to 945, factory 51s 6d. Market steady.

100 N.Z. Breweries (2) 2 6 8 150 British Tobacco -2 0 0 2 8 9 300 Broken Hill Pty. (3) 2 19 9 (3; 2 18 9 682 Broken Hill Pty. 0 4 (rights) (A\ 1 1 1 8 7 W 7 0 1 7 3 1 I 0 100 Dunlop Rubber 1 2 3 350 Electro. Zinc (ord.) 2 6 7 2 6 5 * (2) 2 5 3 2 5 1 200 Electro. Zinc (pf.) 2 8 1 2 6 G 2 6 3 25 G. J. Coles (odd par6 cel) 4 5 100 Taranaki Oilfields 0 6 3 400 Woolworths (Syd., ord.) (3) 1 1 5 5 7 6 050 Broken Hill South 1 15 6 1 15 3 (") 1 1 1 14 14 3 1 (2) .14 0 1350 Mt. Lyell 1 13 9 ]. 13 7 1 13 4 02) 1 13 2 (3) 1 12 (i (2) 1 11 9 1 11 8 (4) 1 11 7 (2) ] 11 8 12) 1 11' 9 (2) 1 ii 8 400 Mount Morgan 0 11 G (2) 0 n 7 (2) 0 ii 6 300 North Broken Hill . 2 9 0 (2) 2 8 4 100 Rawang Tin 0 10 0

£37-5 N.Z. Farmers’ Coop. (4J p.e. stk. 14/7/39) 90 0 0 200 Brokeii Hill Pty. 2 19 6 2 19 9 200 Kaiapoi Woollens (7s paid) 0 4 3 1-50 Electro. Zinc, (orcl.) 2 (j 3 -50 Electro. Zinc (pf.) ... 2 o 8 100 lvauri Timber i 3 O 300 Woolworths (Sydney, ord.) i 6 0 300 Mount Lyell i 14 2 i 14 0 40 G. J. Coles 4 3 6