COMMERCIAL NEWS

Ashburton Guardian, Volume 58, Issue 195, 31 May 1938, Page 7

COMMERCIAL NEWS

DOMINION PRODUCE. HIGH COMMISSIONER’S REPORT The Department of Agriculture has received the following cablegram from the High Commissioner for New Zealand, London, dated Alay 27 : Tallow—Alarket continues quiet on the spot with prices unchanged for shipments. Prices easier. Hemp.—Manila: Alarket has advanced early this week. “K” grade sold, June/August shipment, £2O 10s; quieter since. Now quoted sellers £2O 10s. Output January 1 to Alay. 23 420,000 hales, against 012,000 same period last year. Stocks in United Kingdom, April 30, 13,092 hales against 7840 same time last year. - Stocks in Manila- Alay 23, 134,000 gales, against 157,000 bales. Sisal: Alarket steady, firmer at the close; fair business done. July/August shipment sold £l7. Now Zealand: No change to report. Stocks in London Alay 1, 105 tons, against 144 same time last year. Fruit—Apples: Alarket steady. The following are the market values of sound conditioned fruit of the varieties mentioned, the range of prices generally representing the difference between the several grades and/or counts. Variable conditioned limit of similar varieties proportionately less in value. Granny 'Smith, 11s, 13s. Golden Delicious, 9s, 11s 6d. Jonathan, Delicious, Cleopatra, 9s, 10s 6d. Cox’s Orange, Orange, Bs, 11s. Home Beauty, Sturmer, 9s, 10s. DuniVs Favourite, Bs, 10s. Statesman, 8s 6d, 9s 6d. Lord Wo IsoIcy, London Pippin, Alfriston, 8s 9s.

Pears : Alarket variable. Winter Nelis 10s, 12s 6d. Conference, Josephine, Packhan’s Triumph, 10s, 11s. Beitrre Bose, 9s, 10s 6d. Winter Cole, 8s 10s. Beurre Capiamont, Vicar of Winkfield, 9s. Beurre Clairgeau, Bs, 9s.

GRAIN AND PRODUCE. CHR LSTCHUR CII MARKETS. • CHRISTCHURCH, This Day. The potato market is quiet at the present time and prices are slightly down on recent quotations. Good Dun oats are still in demand, and there is an improved inquiry for Algerians. The supply of linseed is not sufficient to cope with the demand. Seed wheat is still selling well. Following are quotations to farmers on trucks at" country stations, sacks extra unless otherwise stated : Milling Wheat—Alay delivery: Tuscan 5s Bd, Hunters 5s lOd, Pearl 6s (all f.0.b.) Fowl Wheat—F.o.b., 5s Bd. Oats —Gavtons, to 2s 9d (A grade), 2s 6d to 2s 8d (lower grade); Algerians, 2s 6d to 3s: Duns, 3s to 3s 6cl (according to quality). Ryegrass—Perennial, 3s 9d to 4s 6d; Italian, 2s 9d to 3s 3d. Cocksfoot —7d to 9ci. Cowgrass—7d. White Clover—Bd to lOd. Chaff—£4 10s (according to quality).” Partridge Peas—First quality, 4s 9d to 5s 6d; f.a.q., 4s 6d to ss; undergrade, 3s 6d. Flour—£l3 15s 6d, in 2001 b sacks. Bran—£4 15s to £5 5s (local price). Pollard—£6 5s to £G 15s (local price). Potatoes—£3. Onions—Turbatt, £9; Globe, £8 10s a ton. THE SHARE MARKET. The following sales were made on the Christchurch Stock Exchange yesterday :

LISTED STOCKS. Sales on ’Change.

Sales Reported.

£ s. Q. 135 E., S., and A. Bank (2) 4 17 6 4 17 0 100 N.Z. Breweries (cum div.) 2 2 6 2 2 5 50 British Tobacco 2 7 6 200 Broken Hill P'ropt-y. (cum div.) 2 19 6 (2) 2 19 9 2 19 10 100 Electro. Zinc (pref.) 2 1 0 200 Taranaki Oilfields ... 0 8 5 0 8 6 500 Woohvorths (Syd.), ord, (2) 1 0 9 1 0 10 1 0 9 *385 Woohvorth Properties (rights) (5) 0 3 10 100 Bawang. Tin 0 8 3

£300 N.Z. Govt. 4 p.c. Jns., 1049 103 5 0 £55 0 N.Z. Govt. 4 p.c. 1955 104 7 6 400 N.Z. Ref rig. (10s pd.) 0 8 5 100 N.Z. .Farmers’ Co-op. (“A. prof.) 1 17 6 100 WooUvorths, Ltd. 1 0 10