COMMERCIAL NEWS

Ashburton Guardian, Volume 60, Issue 79, 13 January 1940, Page 8

COMMERCIAL NEWS

FRUIT AND PRODUCE. THE ASHBURTON MARKET. Prices at the Ashburton fruit and produce market yesterday were: Cabbages—New season’s, 3d to 4d. Chaff—4s to 4s 6d a sack. New Potatoes—2d and 3d lb. Wheat—lßs and 20s a sack. Honey—Bd and 9d a lb. New Season’s Onions—4d lb. Bacon—lOd and Is a lb. Apples—Stunners 12s to 15s a case. Lettuce—2d and 3d each. Green Peas—ls 9d to 2s a peck. Turnips—2d a bunch. Gooseberries— 23 d and 3d lb. Cherries—6d to Sd. Strawberries—ls 4d to Is Gd a punnett ; dessert Is 9d to 2s. Currants—Red 3d, black 4d lb. Tomatoes—lOd, Is lb. Raspberries—ls lb. Peaches—3d and 4d lb. Apricots—3d and 4d. 'Cucumbers—lls, 12s (181 b box). GRAIN AND PRODUCE.

THE CHRISTCHURCH MARKET. (Special to the "Guardian.” CHRISTCHURCH, This Day. Business in the grain and produce markets has opened the year quietly, and. there is at present a minimum of activity. It is too early yet for most crops. ' Some samples of Algerian oats have come forward, the quality showing a most market! variation. Prices mentioned so far are 3s 6d to 3s 9d, on trucks. A few samples of ryegrass are. being offered. Quality is fairly good, but also shows some variations. Prices are from 4s Gd to 5s sd. Other markets are quiet. The following quotations are to farmers on trucks at country sidings, unless otherwise indicated: — Wheat—Milling, f.0.b., Tuscan 5s lid; Hunters 6s Id; Pearl, 6s 3d. (Final payment of 3d a bushel on all yrheat at the end of year.) Oats-—A Gartons to 3s, B Gartons to 2s lOd, Algerians (new) 3s 6d to 3s 9d, Duns 3s 6d to 4s 6d. . Ryegrass (good germination) Perennial up to 5s 6d (nominal), Italian lip to 4s to 4s Gd (nominal). Cocksfoot —Gd to 7d (nominal). White Clover —Is 3d to ’ls 6d per lb. - Red Clover —Old season’s 4d to 6d per lb, new season’s 7d to Bd. *. Chaff— £4 5s to £4 7s 6d a ton. Baxley —'Malting 4s 73d, feed 33 to 3s 6d a bushel, according to quality. Bran —Large £4 15s, small £5 sa. 'Pollard—Large £6 5s a ton, small £6 15s.

DUNEDIN. DUNEDIN, January 12. In Otago the wheat crops arei promising, but it will be some time, except. in 'isolated cases, before wheat is ready. In areas in Central Otago, however, cutting has, already been commenced and lines will be available ■shortly. Millers, although awaiting delivery of new wheat, have ample stocks in hand, 'most of it consisting of Australian. varieties with some New Zealand wheat for mixing. Fowl wheat continues firm, stocks available being light-, but sufficient to meet the demand. The present yalue is os 10c! a liushel, with small lots 6s 6d. As usual, at this time of thei year, very, little business is being transacted in oats, chief interest being in the new crop which l varies throughout the South Island. The southern districts ’possess good crops, but the total quantity available l will he short. The market is firm, with some merchants attempting to buy for delivery ahead in anticipation of short crops. The general quotation is now 3s 9cl f.o.b. for A Gartons, and 3s 6di for B Gartons. Algerians are always wanted for autumn sowing, crops being used for stock feeding during tliei winter and early spring. . Only small stocks of chaff arc held in the stores. _ The quantity available is sufficient, however, for the demand continues to be small. The market is firm at £5 os a ton, sacks extra, with small lots realising from £5 10s to £5 los. The demand on the> wholesale market for potatoes is very limited. Stocks are arriying in excess of requirements and sales gi’c difficult to effect- in fact, some clearances have.'been made as low as 6s per cwt. Owing to the dry weather potatoes coming in are small. MERINO TOPS FOR EXPORT. BRADFORD HIGHER. I . 7 • —— , LONDON, January 11. Bradford reports that fairly substantial weights of nj'rino tops have been allotted for export, and there is a prospect of early resumption of shipments. Fair business is passing in fine yarns for the Homo trade at higher prices.

THE SHARE MARKET. The following sales were made on the Christchurch Stock Exchange yesferday : ~~ LISTED STOCKS.

Sales on ’Change. 100 Kaiapoi Woollens (17s paid) £ s. 0 13 d. 1 200 Dunlop Rubber (2) i i <S 100 Electro. Zinc cum div'.) (ord., 3 f. 0 500 Wool worths (Syd., 1 ord.) 5 3 m 1 5 4 (2) 1 5 5 10Q Mount Lyell ,. 1 12 9

100 Grey River 0 IS 0 500 New River 0 0 101 Sales Reported. 210 National Bank of N.Z. 2 2 6 2 1 10* 450 N.Z. Refrig. (10s paid) (2) 0 <) 5 100 Taranaki OiJifields 0 5 2 50 Ngahere ' ... 1 9 3 UNLISTED STOCKS. Sales on ’Change. 50 Assoc. Gold Dredges (7s paid) 0 10 3