COMMERCIAL NEWS

Ashburton Guardian, Volume 58, Issue 281, 8 September 1938, Page 9

COMMERCIAL NEWS

GRAIN AND PRODUCE* THE ASHBURTON MARKET. Ashburton grain, seed and produce merchants report that no section ot the trade has been particularly brisk during the week. Limited quantities of seed wheat are still being sold to farmers. Odd orders for good whole fowl wheat are still coming to hand. Carton oats are Iming sold for seed purposes and the seasonal demand for ryegrass, cocksfoot and clover has commenced. Oatsheaf chaff is more difficult to sell, although occasional orders are coming to hand. There is no movement in the potato markets and in the absence of orders quotations are purely nominal. The following are prices quoted to farmers, on trucks at country stations unless otherwise sacks extra, free of commission: — Wheat—Milling Tuscan 5s lid, Hunters 6s Id, Pearl 6s 3d. Fowl wheat os lid (all f.0.b.). Oats—A Gartons 2s 9d, B’s 2s 6d; Algerians 2s 9d to 3s; Duns 3s to 3s 6d, according to quality. Grass Seeds—Perennial ryegrass 3s 9d to 4s 3d, Italian 2s 9d to 3s, cocksfoot 7d to B|d, red clover 6d to 7d, white clover lOd to Is. Chaff—£4 5s a ton. Partridge Peas—ss 6d for No 1 grade, undergrade 3s 6d to 4s 6d. Barley—Malting 4s 7-2 d, feed 3s 3d. Potatoes—Whites and Dakotas, £2 (nominal). SYDNEY WOOL SALES. SYDNEY, September 7. At the wool sales to-day, 12,582 bales were offered and 11,613 were sold, and 863 privately. There was general competition from the Continent and Yorkshire, and good support from Japan. Greasy merino realised to 16^d. THE STOCK SALES. ADDINGTON. I CHRISTCHURCH, Sept. 7. Entries of fat sheep at Addington to-day were considerably smaller than last week and prices for best lines were a shade better, but others were unaltered. Store Sheep—There was little change in values. W'ethers hoggets 14s 3d to 14s 7d, ewe hoggets to 13s 7d, older sorts to 18s, ewes and lambs 11s Id to 11s 6d. There was little demand for any class of sheep particularly forward wethers. Fat Sheep—There was an entry of slightly more than 4000, a big proportion being rough and unfinished. Values settled down at very little change on last week. A few outstanding pens of ewes and wethers were up Is, but there was no quotable change for other classes. Values were:—Extra prime wethers to £1 15s 4d, prime £1 9s 6d to £1 12s, medium £1 5s to £1 8s 6d, others down to. £l, extra prime ewes to £l, Ss Id, prime £1 to £1 4s, prime medium 16s 6d to 19s, others down to 11s. Fat Cattle—There Was an entry of 542, and a sound demand for good and medium quality although at distinctly lower values. The decrease in price averaged about 20s. Good beef made to 41s per 1001 b, tops to 435, heavy 35s to 395, secondary 34s to 365, and rough down to 275. Extra prime steers to £l9 12s 6d, prime £ls 15s to £l7 ss, prime medium £l4 to £l6, light to £l.O 10s, extra prime heifers to £l4 2s 6d, prime £ll to £l2, medium £9 5s to £lO 15s, light to £9, extra prime cows to £l4 12s 6d, prime £9 10s to £lO ss, medium £7 5s to £9, light to £6 15s. Store Cattle—The cows were of all breeds, hut anything fit for fattening was in demand, the best making up to £5 12s 6d. Eight Jersey calves sold at £2 14s to £2 16s. For the poor assortment forward the sale was a, satisfactory one. Fat Pigs—The entry of fat pigs was scarcely sufficient for butchers requirements. Choppers were in medium supply and again met good competition. Baconers were forward in heavier numbers and values receded 2s to 3s a head except for first quality. Choppers £3 Is to £7 Is, porkers £1 19s 6d to £3 12s 6d. Average price per lb 7fd to 81 d. Baconers £3 14s 6d to £5 9s 6d. Average price per lb 7d to 7|d. Store Pigs—Small weaners, 21s to 245; small stores, 25s to 28s; medium stores, 29s to 325; large stores, 33s to 38s. Ashburton County Sales. Sales made on behalf of Ashburton County clients were:— Fat Sheep—An outstanding truck lot of 62 wethers from J. A. Kelso (Rakaia.) averaged 33s 9d, eight making 35s 4d, and a> line of 28 ewes from , arr (Methven) sold at 28s Id, the 52 in the truck averaging 27s 3d. Wethers: On account of J* A. Kelso (Rakaia), 62 at 32s lOd to 35s 4d; P. F. Dolan (Dorio), 63 at 26s lOd to 30s Id; Shellock Bros. (Rakaia), 23 at 22s Id to 26s Id; A. R. R. Keith (Ashburton), 53 at 20s Id ; Mrs Page '(Ashburton), 30 at 17s 4d ; Joseph Murdoch (Mayfield), 60 at 18s 7d to 31s Id; T. H. McGirr (Methven), 50 at 20s 4d to 25s lOd; Mrs I. H. McConnell (Hinds), 19 at 22s 6d to 23s lOd; G. ,B. Murdoch (Mayfield), 12 at 21s Id; 4. Campbell (Methven), 16 at 21s 4d to 24s Id; ,S. G. Lemon (Lauriston), 11 at 22s 10d; Derrylin Estate (Pendarves), 11 at 23s 7d; estate 33. J. Harrison (Rakaia), 21 at 27s Id to 29s , 4d. Ewes: On account of Currie Bros. 1 (Anamn), 58 at 15s lOd to 20s Id; A. I'. Marr (Methven), 52 at 2os lOd to 28s Id; estate B. 4. Harrison (Rakaia), 38 at I.Bs lOd to 20s Id; J.' B. Ferguson (Winclimore), 91 at 14s 4<l " to 19s lOd. Hoggets: On account of G. Kelly (Winclimore), 17 at 12s 10d to 13s lOd. Fat ‘Cattle —Among the good lines of steers was one from W. S. Strange !

! (Tinwald), the 16 selling at an. average of £l6 18s sd. On account of C. Chamberlain (Winclimore), 2 cows at £l2 7s 6d; estate H. Maginness (Methven), 2 cows at £8 12s 6d to £l2 2s 6d, 2 heiflers at £8 12s 6d to £9 7s 6d, steer at £8 2s 6d; C. T. A. Ward (Chertsey), 2 cows at £5 17s 6d to £7 17s 6d; Ashburton client, 16 steers at £l2 12s 6d to £l4 2s 6d; B. Withell !(Ealing), 3 cows at £lO 2s 6d to £ll 12s 6d; W. S. Strange (Tinwald), 16 steers at £l4 2s 6d to £l7 17s 6d. 5 5 BURNSIDE. F ) DUNEDIN, Sept. 7. 5 There were few heavy grades in the entry of 243 fat cattle at the Burnside 1 stock sale to-day, the yarding comprising mainly medium bullocks. The de- ■ mand was keen and the supply barely ■ came up to requirements, with the ’ result that the sale opened keenly and bullocks were 10s to 15s a head dearer. > Cows and heifers, of which there wore < a few high quality sorts, Avore up £1 a head. Extra prime bullocks made to > £25 2s 6d, prime £lB 7s 6(1 to £2O 17s 6d, medium £l3 17s 6d to £l6 7s 6d, i light down to £9 12s 6d, extra prime cows and heifers to £ls 2s 6d, prime ■ £ll 2s 6d to £l2 17s 6d, medium £9 2s ; 6d to £lO 12s 6d, and light down to £6.2s 6d. Best ox beef made £2 4s ; per 1001 b, prime £2 2s.' Prime cow , heifer beef £2 ss, and poorer quality £1 12s 6d. 5 A total of 1489 fat sheep was for- ■ ward, compared with 2408 at the last , sale. Medium ewes were in the majority, but there were few heavy wethers forward. Extra prime heavy wethers , made to £1 18s, prime £1 10s 6d to £1 13s 3d, medium £1 4s 9d to £1 7s . 3d, light down to £1! extra prime ! heavy owes to £1 9s, prime £1 2s 6d to £1 4s 6d, medium 16s 3d to 18s 6d, light from 13s. The entry of fat pigs numbered 123. Baconers, being in short supply, sold to £5 10s, while porkers were worth £2 10s to £3 16s. Largo stores found a good inquiry and realised to £2. » ’ THE SHARE MARKET. The following sales were made on the Christchurch Stock Exchange yesterday : LISTED STOCKS. Sales on ’Change

£ s. d. LUO JN.Z. Breweries 2 0 3 150 Broken Hill Propty. 2‘*L7 0 (2) 2 16 7 200 Broken Hill Propty. (oontr.) 1 18 6 1 18 5 150 G. J. Coles 3 18 10 3 18 3 3 18 0 200 Taranaki Oilfields ... 0 12 6 0 12 5 100 Wilcox Mofflrn 0 6 4 100 Woolworths (Syd.), ord. 1 0 10 100 Broken Hill South (cum div.) ... 1 9 6 50 North Broken Hill (cum div.) 2 4 0 Sales Reported. £600 N.Z. Farmers’ Co-op. (4i p.c. stock, 1950) 90 10 0 300. Argo 0 1 9 200 Woolworths (South Africa) ... (2) 0 15 3 100 Mount Morgan 0 10 11 100 Woolworths, Ltd. ... 1 0 10 60 G. J. Coles 3 18 U