COMMERCIAL NEWS

Ashburton Guardian, Volume 60, Issue 45, 2 December 1939, Page 8

COMMERCIAL NEWS

FRUIT AND PRODUCE. THE ASHBURTON MARKET. Prices at the Ashburton fruit and produce market yesterday were: Walnuts—6d to 8d lb. Cabbages—New season’s, 3d to 4d. Chaff—4s to 4s 6d a sack. : - • Potatoes—Bs to 8s 6d a sugar-bag. -‘ Seed Potatoes —ljd to 2d lb. - Wheat—lßs and 20s a sack. Honey—Bd and 9d a lb. Onions—6d lb. Bacon—lod and Is a lb. Apples—Delicious 14s to 16s, Sturmers 12s to 15s a case. Leeks—3d a bundle. Lettuce—2d and 3d each, v . Rhubarb—sd and 6d a bundle. ' Spinach—3d to 4d a bundle. Silver Beet—4d to 6d a bundle. New Potatoes—sd to 6d lb. Green Peas—ls 9d to 2s a peck. Turnips—2d a bunch. Gooseberries—2-Jd and 3d lb. THE RESERVE BANK. THE WEEKLY STATEMENT. ‘ v .-WELLINGTON, December 1. The!'following is a statement of tlie assets and liabilities of the Reserve Bank of New Zealand as at thb close of business on November 27 : .

Proportion of reserve to notes and other demand liabilities 28.477 per cent: Sterling exchange is expressed in New Zealand currency.

GRAIN AND PRODUCE. THE CHRISTCHURCH MARKET. CHRISTCHURCH, This Day. The. Canterbury grain, seed and produce markets continue to be very quiet, with very little business passing in any section and practically all quotations'more or less nominal. Concerning the supply of corn sacks for the coming season, it is emphasised that all neW sacks now in New Zealand are being held for wheat so that wheatgrowers may be assured of a plentiful supply for their harvest. This course is., being taken as a precaution against delay in the arrival of the NovemberDecember shipment. The following quotations are to farmers bn trucks at country sidings, unless otherwise vindicated:— f.o.b., Tuscan 5s lid; Hunters 6s Id; Pearl, 6s 3d. (Final payment of 3d a bushel on all wheat at the end of year.) Oats—A Cartons to 3s, B’s 2s lOd, Algerians 3s to 3s 9d, Duns 3s 6d to 4s 6d. Ryegrass (gcod germination—Perennial up to 5s 6d (nominal), Italian up to 4s to 4s 6d (nominal). Cocksfoot—6d to 7a (nominal). White Clover —Is to is 3d per lb. Red Clover —Old season’s 4d to 6a per lb; new season’s, 7d. Chaff— £4 5s to £4 7s 6d a ton. Barley—'Malting 4s 7£d, feed 3s to 3s 6d a bushel,, according to quality. Bran—Large £4 15s, small £5 ss. , Pollard—Large £6 5s a ton, small £6 15s.

THE SHARE MARKET. The following sales were made on th* Christchurch Stock Exchange yesterday • • LISTED STOCKS. Sales on 'Change,

UNLISTED. STOCKS. '.".Sales-’-on-l IChange. 1 Change.100 Associated Gold Dredges (7s paid) (2) 0 9 0

Liabilities— £ s. d. General reserve ... 1,500,000 0 0 Bank notes 17,434,838 0 0 Demand liabilities— State 1,985,006 0 0 Banks 13,431,363 0 0 Other i 187,867 0 0 ' Inabilities in currencies other than New Zealand currency 17,783 0 0 Other liabilities ... 862,597 0 0 Total £ (N.Z.) 86,209,464 0 0 Assets— w £ - s. d. Reserve— Gold 2,801,839 0 0 Sterling exchange 6,629,584 0 0 Subsidiary coin ... 197,911 0 0 Treasury and local . . . . body bills " .Aidvances— To the State or State u n d e rtakings: Primary products - Marketing Dept 5,581,963 0 0 For other purposes 16,675,000 0 0 Investments 3,238,021 0 0 Other assets 90,135 0 0 Total £ (N.Z.) 35,209,454' 0 0

£ s d 100 Woolworths, Ltd. 1 5 0 Sales Reported. 150 South British Ins. (Into Thursday) (2) 2 7 3 100 Broken Hill Bty. 4 4 3 100 Electro. Zinc (ord.) ... 3 3 7 120 Ngahere 1 7 0