COMMERCIAL NEWS

Ashburton Guardian, Volume 59, Issue 19, 2 November 1938, Page 7

COMMERCIAL NEWS

ASHBURTON STOCK MARKET. THE CONCLUDING SALES. The following were the concluding sales at the Ashburton stock market yesterday:— Fat Ewes—Shorn: On account of J. Lambic (Pendarves), oat 33s 4<l; W. Wells (Greenstreet.), 5 at 16s 3d; -T. B. Lambic (Kyle), 10 at 14s 4d to 36s Id; Mrs Page (Sea-view), 16 at 14s Id to 16s 4d; Mrs E. M. Begg (Wakanui), 10 at 16s 7d: to 18s 4d; Guy Letham (Lauriston), 2 at 19s Id; Keith Campbell (Lagmhor), 9 at 18s 3d; to 39s 4d<

Fat Wethers—On account of estate G. W. Leadley (Elgin), 32 at 35s 7d to 19s; R. Austin (Mayfield), 7 at 29s Id; clients, 81 at 18s 4d to pis 3d. ‘ Hoggets—Oil account of Davidson Bros. (Eiffelton), 9 shorn at 14s 7d to 16s 7d.

Stores—On account of a client, 80 shorn ewo hoggets at 15s Id. GRAIN And produce. THE AUCKLAND MARKET. AUCKLAND, November 1. The only change in wholesale prices in the grain and produce markets since the last report has been in those for potatoes. Tho delay in the arrival of the Waiana with southern supplies has caused a temporary shortage, and merchants have advanced their prices to £5 10s a ton both for whites and reds, with 5s premium for export quality. The demand is still good and so far is not materially affected by new season’s supplies from Pukekohe, Fair business is still being done in seed potatoes, the planting of which will be encouraged by warm rains.

The market is well supplied with Canadian onions, and the price is unchanged at 19s per 1001 b bag. Oats and chaff have a quiet demand, with no change in rates. A shipment of Australian wheat arrived by the Korowai,- and is now being distributed. Another shipment, due to arrive on the return trip of the same vessel, is announced, and the price will bo unchanged. The demand is excellent.

There is no change in either barley or maize. Pollard and bran continue to arrive from Australia and sell freely at late rates, as well as supplies that are voilable from local mills.

WHEAT MARKET IN BRITAIN. RENDON, October 31. Wheat cargoes are steady and parcels are firmer. Futures are quoted as follows:—London—October 22s per quarter, November 22s 3d. Liverpoql—December 4s 4|d per cental, March 4s sfd, May 4s s|d. ■ THE SHARE MARKET. The following sales were made on the Cnristchnrch Stock Exchange yesterday:— LISTED STOCKS. Sales on ’Change. . £ s. d.

UNLISTED STOCK Sales Reported. 400 E. Reece, Ltd. (pref.) 0 3 0

NEXT WOOL SEASON. FOSTER OF SALE: DATES. ■ The following roster of sale dates for the 1938-39 season has been drawn up by the New Zealand Wbol Committee: November 26 (9 a.m.) —Auckland. December 2 (9 a.m.) —Napier. December 7 (9 a.m). —Wellington. .December 12 (9 a.m.)— Christchurch. December 16 (S' a.m.) —Timaru. December 20 (9 a.m.)—Dunedin. t January 9 (9 a.m.) —Wellington. January 14 (9 a.m.) —Napier. January 19 (9 a.m.) —Wanganui. January 24 (9 a.m.) —Auckland. January 30 (9 a.m.)—Christchurch. February 3 (2 p.m.)—lnvercargill. February 8 (9 a.m.)—Dunedin. February 15 (9 a.m.)— Wellington. February 20 (9 a.m.) —Napier. February 24 (2.30 p.m.)—Wanganui. March 3 (9 a.m.) —Christchurch. March 7 (8 a.m.)—Timaru. March 11 (2 p.m.)—lnvercargill. March 16 (9 a.m.) —Dunedin. March 23 (9 a.m.) —Wellington. March 27 (9 a.m.) —Auckland. March 30 (2.30 p.m.)—Wanganui. April 3 (9 a.m.) —Napier. April 14 (9 a.m.) —Christchurch. April 19 (9 a.m.) —Dunedin. April 24(9 a.m.) —Wellington. SYDNEY WOOL SALES, SYDNEY, Nov. 1. At the wool sales to-day 12,043 bales were offered, 11,020 being sold and 1342

being disposed of privately. Bidding was well sustained with more activity from the Japanese market. Prices were very firm at late rates. Good clearances were effected. Greasy merino made which is the best price this season.

100 Natl. Bank of N.Z. 2 10 0 50 Bank of N.Z. 2 0 7 200 Dunlop Rubber 1 0 5 200 I.C.I. (Alist. and 1 0 6 N.Z.) (pref.) ' 1 2 10 100 Mount Morgan 0 10 0 100 Dominion Fert. Also: £100 Gisborne Sheep., 01 1 3 4 p.c., 31-8-41 200 British Tobacco 101 0 0 (pref.) (2) 1 12 3 25 Aust. Glass 200 I.C.I. (Aust; and 4 19 0 N.Z.) (pref,) 1 2 9 400 Mount Morgan Also: 0 10 0 20 Dalgety and Co. 7 18 t> 1000 Big River 0 1 0*