COMMERCIAL NEWS

Ashburton Guardian, Volume 60, Issue 31, 16 November 1939, Page 8

COMMERCIAL NEWS

GRAIN AND PRODUCE. THE ASHBURTON MARKET. Owing to the continued dry weather, Ashburton grain, seed and produce merchants report a slack demand for all retail lines for sowing. Several farmers have sown root crops and have since ploughed the ground owing to the failure of the seed to germinate. Fowl wheat is still in good demand, •with limited supplies available. Potatoes are now off the market, and merchants are confining their attention to next year’s crops. The following are prices quoted to farmers, on trucks at country stations unless otherwise indicated, sacks extra, free of commission:— Wheat—Tuscan 5s lid, Hunters 6s Id, Velvet or Pearl 6s 3d, f.o.b. (3d bonus at end of season).

Oats. —.A grade Gartons 2s 9d, B grade 2s 6d, Algerians 3s 6d to 4s, Huns 3s 6d to 4s 6d (according to quality). Grass Seed —Perennial 5s 3d, Western Wolths and Italian 4s 6d to ss, cocksfoot 7d lb, white clover Is 6d, red clover 7d lb.

O.S. Chaff—£4 5s a ton. Partridge Peas—No. 1 grade 8s 6d. Potatoes—-Dakotas and whites £lB a ton.

y® SOUTH CANTERBURY. TIMARU, This Hay. Old potatoes are bcconving"7'Ypry' scarce on the South Canterbury seed and produce market. New Potatoes ajre being offered freely from the Auek- - land district. Dun oats are still meeting with a good demand. White oats are meeting with a spasmodic inquiry, but prices remain firm and stocks-are now in very small compass. The demand for ryegrass continues, hut since tl)e Government notification that certification will be given only to pedigree and stock seed there has been a better demand for these lines. Quotations for wheat ,remain as follow: Tuscan 5s lid a bushel, f. 0.0., Hunters 6s id, Velvet 6s 3d. There has'been no change in the price of oats. A’s and B’s remain -unaltered at. 3s and 2s 10d a bushel respectively on trucks. Duns are still quoted at 4s 6d, and Algerians remain unaltered at 3s 6d a bushel on trucks. . The demand for chaff is poor and there is a fair quantity, on offer. With the arrival of new potatoes there is very little interest in last season’s supply. The old stock has been practically cleaned up. The price for ryegrass remains unaltered and other seed prices are unchanged. Details are as follows: Hawke’s Bay ryegrass, 90 per cent, germination, 15s 6d a bushel on trucks; Canterbury ryegrass, up to 8s 6d a bushel according to germination; cowgrass f.d. 8d per lb; white clover m.d. Is 6d per lb and cocksfoot 7d per lb.

THE STOCK MARKETS. ADDINGTON. CHRISTCHURCH, November 15. Exceptionally heavy entries were forward on the resumption of the Addington market to-day after the Cup Week holiday, and there was an all-round easing in values. Fat sheep met with “ the biggest decline, hut fat and store pigs, vcalers and dairy cows were all easier. A factor in the heavy penning? is the continued dry weather, fat stock sellers having' little feed to rely on amhpotential buyers of store stock be- / inc; afraid of a continuance of the dry weather, . > All cla'sses of store sheep were represented, wethers from the Chatham Islands figuring largely. These sold at up to 19s 7d out of the wool. Local coarse-woolled ewe hoggets sold up to 25s 9d and best ewes and lambs at 14s Id, all counted. There was a slight easing in values. A small entry of fat lambs sold at an improvement of about a penny per lb or up to 9d. About 9000 fat sheep were - peratedy; including nearly 1000 from the Chathams, and several truck lots from the south. The overflow brought prices hack by 5s a head for shorn fediumweiglit and inferior ewes, to 4s for heavy and 3s 6d for wethers. Sheep in the wool met with a still easier sale. Best wethers (shorn) made 29s to 355, medium 24s to 28s, secondary down to 17s; good shorn ewes 22s to 265, ordinary and light 12s to 18s. About 520 fat cattle were penned, values being down by an average of 20s a head, except for a few of the primest sorts. Prices were: Best steers £lB to £24, medium down to £ls, light down to. £ll, heifers £I3 : to £ls, cows £l2 to £l4. There vms a much bigger entry than usual in the store cattle section and prices showed an easing. Three-year Hereford and cross steers sold at-£7 12s 6d for 14, £7 13s 6d for 12, and £7 12s fid for 12 Shorthorn. Hereford 23year steers made £5 10s, and 2-21 -year Hereford cross yearling steorsat £5 13s 6d; Hereford cross yearling steers , at £2 ss; heifers £2 Is, yearling stdbrs £2 Is, and Jersey heifers £3 13s fid. 1 There was an extra heavy yarding of fat pigs. Porkers were easier by 3s to 6s a bead, and baconers by 4s to 10s. Porkers averaged fiijd to 7id lb, and baconers 6Jd to 7d. Store pigs sold as follow: Small weaners 10s to 13s, medium 14s to 18s, best to 225; slips, 21s to 245; stores, small 26s to' 295, medium 30s to 355, extra large to 445. County Clients’ Sales, The following sales were made on account of Ashburton County clients • at Addington yesterday:— Spring- Lambs—On account of J. \V. Butt crick (Wakanui), 18 at 24s to 27s 7d ;"S3icafcr' , s'"Trstafe (Ashburton), 24 at 12s lOd to 18s Id; 11. Stone (Methvon), 12 at 24s 7d to 31s Id. Fat Sheep—On account of W. Gid-

dings (Ealing), 52 at 21s 7d to 26s Id; A. McLeod (Methven), 9 at 20s Id; T. Mulligan (Ashburton), 18 at 22s 7d to 24s 4d; Shellock Bros. (Rakaia), 64 at 18s lOd to 21s lOd; S. A. Stockdill (Methven), 10 at 14s 4d; S. Cross (Newlands)* 14 at 13s 10d; J. J : Johnston (Rakaia), 23 at 23s 7d to 27s 4d; A. J. McLachlan and Son (Mount Hutt), 4 at 17s 10d. Ewes —On account of south client, R. Shanks (Doric), 46 at 11s 4d to 19s lOd; A. J. 'McLachlan and Son (Mount Hutt), 18 at 13s Id to 17s Id; Steffens Estate ('Methven), 26 at 13s lOd to 22s 4d; A. McLeod (Methven), 46 at 10s lOd to 21s 4d; W. Giddings (Ealing), 13 at 16s 7d to 19s 4d; A. Blair (Methven), 37 at 11s 4d to 16s lOd; W. G. Breach (Methven), 7 at 19s lOd; J. Robertson (Methven), 8 at 15s to 19s Id ;D. S. Marshall (Methven), 17 at 11s 4d to 18s Id; J. W. Ferguson (Winchmore), 25 at 10s 4d to 16s 7d; W. G. Copland (Cliertsey), 10 at 15s 4d; C. Chamberlain (Winchmore), 28 at 8s 4d to 14s‘7d; S. A. Stockdill (Methven), 14 at 9s 4d; J. C. Thomas (Mount Hutt), 7 at 12s Id; 11. Abbott (Coldstream), 5 woolly at ,24s 7d; 30 at 14s Id to 17s lOd; T. C. McLachlan (Lyndlnirst), 10 woolly at 23s 4d; A. Pratley (Hinds), 10 at 12s 7d to 16s Id.

Cattle—McDowell Bros. (Wakanui), heifer at £6 2s 6d, 2 cows at £6 17s 6d ; O. - Gilbert (Ashbufrtonj), cow at £9 17s 6d; A. Pithie (Ashburton), 4 steers, baby beef, at £9 17s 6d to £lO, 2 cows at £ll 12s 6d to £ll 17s 6d; W. Ferguson (Winchmore), 4 steers at £lO 12s 6d to £l3 17s 6d; J. Langley (Rakaia). 2 cows at £8 2s 6d to £8 12s 6d.

BURNSIDE. * _ DUNEDIN, November 15. A double market was held at Burnside to-day, when an entry of 427 fat cattle provided . a disappointing display. Average and medium weights predominated, and bidding opened firm on late rates and remained steady. Extra prime heavy rates and bullocks made to £25 17s 6, prime £2O 7s 6d to £22 17s 6d, medium £l4 12s 6d to £l6 12s 6d, light from £lO 2s 6; extra prime cows and heifers to £l6 17s 6d, prime £ll 2s 6d to £l3 2s 6d, light from £6 12s 6d. Several pens of three and four-year steers were included in the offering of 200 stores, these bruging £9 18s to £lO 11s. ' , The offering of fat sheep numbered 3544, including some consignments of heavy sorts. Quality shorn, sheep were most in demand, and the market was firm till the later stages when sheep in wool tended to ease. Extra prime heavy wethers made to 45s 3d, prime 34s 3d to 38s 9d, medium 30s 3d to 33s 6d, light to 26s 6d; extra primeheavy ewes to 43s 3d, prime 32s 9d to 36s 3d, medium 26s 6d to 30s 3d, light to 19s 6d. More than 200 fat lambs were submitted, and though there were some prime heavy sorts forward prices were not up to late levels. Prime heavy lambs brought to 30s 9d, prime to 28s 6d, medium to 23s 9d, and light from 18s. On an entry of 141 fat pigs, baconers eased by os a bead and porkers maintained late rates. Best baconers made to 98s, good 85s to 935, good porkers to 89s, light 55s to 625. THE SHARE MARKET. » The following sales were made on tin* Christchurch Stock Exchange yesterday:— USTED STOCKS. Sales on ’Change

UNLISTED STOCKS. Sales on 'Change. 50 Associated Gold Dredges (7s paid) ... 0 7 3 PRICE FOR BACON PIGS. PALMERSTON NORTH, Nov. 15. Mr C. Hausmann, president of the New Zealand Bacon .Clivers’ Association announced that the prices for bacon pigs had been decided as follows : For Dominion prime baconers, 101-18011). 6J-d per lb; second grade, 5Jd per lb.

£ s d 100 National Bank of N.Z. 2 4 3 100 Taranaki Oilfields ... 0 6 3 300 Mount Morgan 0 9 IP 0 10 0 50 Austral N.Z. ... 1 5 6 Sales Reported. £900 N.Z. Govt. 3i p.c. stock, 1953-57 92 17 6 £400 N.Z. Govt. 4 p.c. ms., 1946 (lato sale Tucs.) 99 0 0 £250 N.Z. Govt. 4 p.c. ms., 1946 - 100 N.Z. Breweries^' 5 99 5 0 1 16 3 ;--'l-0O-Awst. : -Alloy-Steel—-.0. :.5. 9 100 Mount"'Morgan (Into 0 9 sale Tuesday) 8 50 Austral N.Z. - 1 5 6