COMMERCIAL NEWS

Ashburton Guardian, Volume 59, Issue 40, 26 November 1938, Page 9

COMMERCIAL NEWS

FRUIT AND PRODUCE.

THE ASHBURTON MARKET. There were few changes in the prices of commodities at the Ashburton fruit and produce market .yesterday. Prices were as follows: Walnuts—Bd to 9d lb. Cauliflowers — lOd to Is. Carrots, now—.'ld bunch. Cabbages—New season’s. 4d to Gd. Stunner Apples—7s Gd to 8s Gd. Chaff—2s Gd to 3s a sack. Potatoes—ls Gd to 2s a sugar-bag or 6s to 6s a sack. Wheat—2os to 21s a sack. Honey—Bd and 9d a lb. Onions—2d tto 2|d. Bacon—lOd to Is a lb. Hams—ls to Is 2d a lb. Seed Potatoes—Early, lid and 2d a Ib. Lettuces—2d and 2.Jd. Rhubarb—4d and 5d a bundle. Gooseberries —2id and 3d 11). Green Peas— 4d lb, or 2s 3d a peek. Tomatoes —Is Gd lb (hothouse). Asparagus—Bd and 9d bundle. Turnips—2d a bundle.

LONDON MEAT MARKET.

PRODUCERS’ BOARD’S REPORT. WELLINGTON, November 25. The New Zealand Meat Producers’ Board’s report on the Smithfield market covering the period ended November 24 states that the lamb’market is steady with a little better demand, owing to the easing down of home-killed. Trade in wethers and ewes continues dull and prices ,where changed, are slightly easier. Frozen beef is stead and unchanged. Chilled beef is firm, with good trade.

In New Zealand porker pigs, lightweights are a shade firmer, owing to shortage of supplies, and others unchanged. New Zealand baconer pigs show an easier tendency, owing to low prices for Continental bacon. The boneless bobby veal trade continues slow. Quotations are:— Mutton. New Zealand—Crossbred wethers and/or maiden ewes: 481 b and under 4fd, 49-561 b 4id, 57-6511) 4}d. Ewes —481 b and under 3d, 49-561 b 2£d, 57-641 b 2>d, 65-7211> 2fd.

Lambs. Canterbury—Second quality: Average about 311 b G£d. Other South Island: 37-421 b 7 id. North Island: Second quality: Average about 311 b Ggd. Argentine—First quality (new season’s) —361 b and under 7d, 37-4211) Gi[d. Pigs. New Zealand Porker —First quality: 61-801 b 7|d, 81-1001 b 7d, 101-1201 b 6fd. New Zealand Baconer —121-1601 b, 6jjd. Veal. Boneless Bobby—(New season’s), ox store, in parcels, 4£d. Chilled Beef. New Zealand—Ox hinds, 145-21011),

s|d; ox fores, 145-21011), 3)d. Australian —Ox hinds, 145-21011), ; ox crops, weights corresponding, 3§d. Union of South Africa—Ox hipds, 145-21011), 6£d; ox fores, 145-21011), 3£d. South Rhodesian—Ox hinds, 1452101 b, 6d; ox fores, 145-21011), 3fd. Argentine —Ox hinds, 145-2101 b, 6j?d; ox fores, 145-21011), 4Jd. Uruguayan—Ox hinds, 115-21011), 62d; ox fores, 145-21011), 4d. Frozen Beef. New Zealand—Second quality, ox hinds, 4£d; ox fores, 3d. Australian Second quality, ox hinds, 4RI; ox crops, 3gd. The Bank of New Zealand has re-

ceived the following advice from its London office as at close of business this week: — Wethers —Trade is slow. Ewes —The market is quiet and unchanged. Lambs —The market is steady and no material change is effected yiet. Wethers —Light, 4jd to 4jd ; heavy, 3sd to d- Ewes: 2jd to 3d. Lambs, 2’s, 7id to 8d ; B’s, 7£d to 7Jd; 4s, 7£d to 7 A cl; seconds, 6|d to 6|d.

CHRISTCHURCH WOOL SALE. THE CATALOGUE CLOSED. CHRISTCHURCH, This Day. The quota of 24,000 bales, fixed by the New Zealand Woo! Committee for the sale to be held at Christchurch on December 12, has been exceeded, according to information supplied by the Christchurch YVool brokers’ Association! Catalogues for this sale are now closed.

GRAIN AND PRODUCE. THE DUNEDTN MARKET. DUNEDIN, November 25. Wheat crops are looking well and good yields are practically assured. Recent rains in Otago are considered to have been the best for the last 18 months. Rain was badly needed as the subsoil had not had a good soaking foi a long time. The oat market continues quiet. The only demand at present is for Duns, and these are now practically unprocurable. Gartons, although not in heavy supply, are in sufficient quantity to meet requirements. The demand for chaff continues on the small side. The business going through is confined to small lots ex stores, the value being £0 10s a

ton, sacks extra. The local market is still securing most of its lines from Canterbury, but it is difficult to secure good quality. The market for old potatoes is drawing to a close. Supplies are still available in stores and these are going off slowly at £2 5s to £2 10s a ton, sacks included. King Edwards and Buttons realise -higher values. The markets for all seeds remain steadv,

WHEAT MARKETS IN BRITAIN

LONDON, November 24. Wheat cargoes arc steady, and parcels arc firmer. Futures are quoted as follow: —London.: November. 22s lOd per quarter; March, 22s 7Jd. Liverpool: December, 4s GRI per cental ; March, 4s (v',d ; May, 4s 62d. The Liverpool quotations are all old contract. New contract quotations are: March'. 4s 3gd; 'May, 4s 4)d. Liverpool is quoting new contracts because of the removal of tlip import duty from January 1, 1939.

THE SHARE MARKET. The following sales were made on. th* Cnristchurch Stock Exchange yesterday LISTED STOCKS. Sales on ’Change.

£300 N.Z. Govt., 1 p.c. Tns. £ s. d. 1910 ’ 99 0 0 200 N.Z. Breweries (cum tliv.) (2) 1 19 6 100 British Tobacco 2 7 10 50 Broken Hill Prop. (ex div.) 2 16 6 10 Colonial Sugar (cum div.) (2) 48 0 0 100 Woohvorths (Sydney, ord.) 1 0 10 200 Woohvorths (South Africa) 0 14 9 0 14 8 100 Mount Morgan Sales Reported. 0 9 n £200 N.Z. Govt. 4 p.c. Ins., (1/3/40/42) 100 15 0 125 Standard Insurance .. 2 12 0 300 N.Z. Guarantee Cor. 0 4 0 100 British Tobacco 2 8 0 £200 N'.Z. Farmers’ Co-op. (4J p.c. stock, 1950) 90 0 0