COMMERCIAL NEWS

Ashburton Guardian, Volume 58, Issue 41, 27 November 1937, Page 11

COMMERCIAL NEWS

FRUIT AND PRODUCE. THE ASHBURTON MARKET. Gooseberries and cherries are now available on the Ashburton fruit and produce market, which has been moderately active. Table potatoes have increased in price to 25s a sack, and there is also a slight rise in the price of rhubarb. Itoces are: Bacon—ls to Is 2d a lb. Wheat—l9s to £1 a sack. Honey—Bd and 9d a lb. Onions—ld and 5d a lb. Walnuts—7d and 8d a lb. Dessert Apples—Stunners, 6s to 7s a case. New Season’s Cabbages—2d and 3d. Potatoes—ss to 5s 6d a sugar-bag. Seed, Id and lb. Table Potatoes, 25s a sack. Cooking Apples—4s and 5s a case. Cauliflowers—6s to 8s a dozen. Carrots—ls 6d to 2s a sugar-bag. Pickling Onions—3d and 4d lb. Chaff—2s 9d to 3s a sack. Lettuces—ljd and 2d each. lthubarb—6d to 8d a bundle. Strawberries—ls 6d and Is 9d a punnet. Peas—ls 9d to 2s a peck. New Potatoes (imported)—gd to 3sd. Gooseberries—2d and 3d lb. Cherries—Bd, 9d, and lOd a lb. GRAIN AND PRODUCE. THE DUNEDIN MARKET. (Per Press Association. DUNEDIN, November 26. Best fowl wheat is worth 5s 9d a bushel, and under-grade 5s to 5s 6d. The oats market continues quiet with an occasional sale going through for prompt delivery at 3s 3d to 3s 4di for B Gartons, and 3s 6d to 3s 7d for A s, f.o.b. It is difficult to sell farmers offerings, as merchants are not in the meantime interested. There is still an inquiry for oats for delivery from April to September next year, but in view of the poor prospects for next season’s crops, merchants are not prepared to sell forward. Chaff remains dull, and merchants have sufficient supplies to meet their orders. The rains which have fallen in some districts have arrived too late to affect materially the prospects _of many of the growing crops. Advices from all districts are to the effect that there will be little ryegrass sown, and this has firmed the value of spot stocks during the week. It is also considered that cosksfoot crops will be poor, but it is too early to give a definite opinion regarding the clover crops. The dry weather has curtailed deliveries to the country, but with heavier rainfalls it is considered that deliveries would quickly increase. The rains have been mostly in the coastal areas, and have not generally reached far inland.

WHEAT MARKET JN BRITAIN. LONDON, November 25. Wheat cargoes are down, and parcels are lower. The spot trade is quiet. Futures are quoted: — London—November 41s 6*d per quarter: January 40s 8d per quarter. Liverpool —December, 7s B|d per cental ; March, 7s 6§d; May 7s 6£d.—British Official Wireless. BRADFORD TOPS MARKET. ■! LONDON, November 25. Bradford topmakers are inclined to hold out against unreasonable concessions demanded by users. There is fair! hand-to-mouth consumption. Tops are quoted: Merinos —70’s 28£d, 64's 275, 60 s 26d. Crossbreds —58’s 24Jd, 56’s 23d, 50 s 20d. THE SHARE MARKET. The following sales were made on the Christchurch Stock Market yesterday:—

DAIRY PRODUCE IN LONDON. LONDON, November 25. The butter market is steady. Danish, 141 s to 142 s Choicest salted New Zealand 114 s to 115 s, Australian 112 s to 113 s; unsalted New Zealand 120 s to 1225, Australian 116 s to 118 s. The cheese market is slow. New

Zealand white 68s 6d, coloured 67s 6d ; Australian white 67s to 67s 6d, coloured 66s to 66s 6d.

FROZEN MEAT TRADE. PRODUCERS’ BUARD’S REPORT. The New Zealand Meat Producers’ Board has received the following c&ble advising that the following are the approximate average prices realised on Thursday, November 25, and' are based op. actual transactions of wholesale quantities of the descriptions of meat mentioned, and are foi representative parcels of the goods offering during the week, being foi business done on the basis of delivered to Smithfield Market and/or ex London stores:— Mutton. Crossbred Wethers and/or Malden Ewes—4Blb and under sgd, 49-561 b 4gd, 57-641 b and under 4-id, 494561 b 3£d, 57-641 b 3Jd, 65-721 b 3*d. Lamb. Canterbury—36lb and under Bd, 37421 b Bd, 43-501 b 7§d; second quality, average about 311 b, 7£d. Other South Island: 361 b and under Bd, 37-421 b Bd7 43-501 b 7id. Australian—Victorian : First quality, 29-361 b 7|d, 37-421 b 7|d. Argentine—First quality (new season’s), 361 b and under bid, 37-421 b 7id. Beef. New Zealand: Frozen—Ox hinds, 1452101 b, 4|d; ox fores, 145-210 lb, 3id. Australian' Frozen—Ox hinds, 1452101 b, 4£d; ox crops, weights corresponding, 3£d. Australian Chilled—Ox hinds, 1452101 b, sid; ox crops, weights corresponding, 3|d. Southern Rhodesian Chilled Ox hinds, 145-2101 b, sfdi; ox fores, 1452101 b, 3*d. Argentine Chilled—Ox hinds, 1452101 b, 6id; ox fores, 145-2101 b, 4^d. Uruguayan Chilled—Ox hinds, 1452101 b, s|d; ox fores, 145-2101 b, 4Jd. Pigs. New Zealand Porker—First quality, 61-801 b 7id, 81-1001 b 7*d, 101-1201 b 7d. New Zealand Baconer —l2l-1601 b, 6§d. Lamb Market—Tendency of market is firmer owing to shortage of spot stocks of good quality. ' Mutton Market—Wethers and ewes: Light-weights firmer, others steady and unchanged. Beef Market—Frozen beef: Market quiet and unchanged. Chilled beef: Pores easier, hindquarters unchanged this week. New Zealand Porker Pigs—Market quiet with prices unchanged. New Zealand Baconer Pigs—Very few . available; market quiet.

THE WOOL SALES. DOMINION ALLOCATIONS. The New Zealand Wool Committee has fixed the maximum aggregate number of bales of wool to be offered at sales throughout the Dominion during the coming season, as follows: — 1937 Bales. December 3, Napier ... 28,000 'December 8, Wellington .... 30,000 December 13, Christchurch ... 28,000 December 17, Timaru ... 20,000 December 21, Dunedin ... 28,000 jqgg 'January 10, Wellington ... 30,000 January 15, Napier ... 30,000 January 20, Wanganui ... 30,000 January 24, Auckland, ... 30,000 January 31, Christchurch ... 30,000 February 4, Invercargill ... 28,000 February 9, Dunedin ... 30,000 February 16, Wellington ... 30,000 February 16, Wellington ... 30,000 February 21, Napier ... 30,000 February 25, Wanganui ... 28,000 March 3, Christchurch ... 28,000 March 7, Timaru No limit March 11, Invercargill No limit March 16, Dunedin ... 30,000 March 22, Wellington.' ... 30,000 March 26, Auckland No limit March 30, Wanganui No limit April 4, Napier No limit April 8, Christchurch No limit April 12, Dunedin No limit April 22, Wellington No limit

SALE OF FARM. Messrs Evans and Bull, Land Agents Christchurch, report having sold on behalf of Mr Hampton his well improved farm of 517 acres at Lauriston, together with all buildings and crops thereon, to Mr H. Dunlea. This Firm reports that they have a good inquiry for this class of farm, especially in the Ashburton District. 9x

LISTED 1 STOCK. Sales on ’Change. 100 Goldsbrough, Mort. (cum div.) 1 10 t> 250 N.Z. Breweries (3) 2 5 0 300 Broken Hill Propty. (2) 2 19 3 2 19 4 1(2) 2 19 3 250 Broken Hill Propty. (rights) (3) 1 7 5 250 Electro. Zinc (ord.) 2 4 9 2 4 3 2 4 2 100 Electro. Zinc (pref.) 2 6 11 50 G. J. Coles 4 O 0 4 0 6 600 Woolworths (Syd.) ord. (y) I 4 0 200 Nemona 0 1 7 50 Broken Hilli South 1 14 4 700 Mount Lyell (9) 1 10 9 100 Mount Morgan ... 0 11 3 50 North Broken Hill 2 8 5 Sales Reported, £1750 N.Z. Govt. 4 p.c. __ _ 1943-46 103 0 0 £2000 N.Z. Govt. 4 p.c. 1946-49 103 0 O 200 Bank of N.Z. 2 4 6