COMMERCIAL NEWS

Ashburton Guardian, Volume 60, Issue 302, 28 September 1940, Page 8

COMMERCIAL NEWS

FRUIT AND PRODUCE* THE ASHBURTON MARKET. Prices at the fruit and produce market at Ashburton on Friday wero as follow: Cabbages—4d to Gd. Chaff—6s 6d to 7s 6d a sack. Potatoes—2s a sugar-bag, 4s Gd sack. Wheat—lßs, 20s to 22s a sack. Honey—9d to Is lb. Onions—New season’s lsd and 2d lb, 5s Gd to 6s a sugar-bag, Apples—Delicious 12s, ■ Stunners 8s to 10s, cookers 7s Gd. Lettuce —2d and 3d each. Shallots —3d lb. Cauliflowers —4d to 9d each. Carrots—2s Gd sugar-bag. Brussel Sprouts—4cl lb. Parsnips—2s Gd a sugar-bag. Swedes—3s Gd per bag. GRAIN AND PRODUCE. CHRISTCHURCH MARKETS (Per Press Association), CHRISTCHURCH, This Day.

Another shipment. of approximately 1000 tons of potatoes was sent from Lyttelton to Sydney this week. This completes the Lyttelton quota under the arrangement reached some months ago to export 5000 tons to Australia, this season. The final shipment, of approximately 60i3 tons, will be from Tirnaru early next month. New Zealand potatoes are selling in Sydney now at £l3 a ton, and on this price the Government should be clearing between £2 and £3 a ton, where it was more or less only breaking even on the earlier shipments. A successful conclusion to the negotiations with the Federal Government for further shipments is still hoped for, although prices for Australian potatoes, which now range up to £ls 10s a ton, have gone higher in other seasons without the Federal [Government considering it necessary to lift the embargo on imports from New Zealand.

It does seem, however, on the information available that prices in Australia this season would bo higher than they are if it were not for the control being exercised over them. In the meantime, the local market is in a peculiar position. There is still a substantial surplus of potatoes, and very few are required, hut bnycis who have been making inquiries have found that if they want potatoes they have to pay a higher price than that which has been ruling for some time. Growers have reached the stage where they are not prepared to bother with their potatoes unless a reasonably payable price is obtainable. There is not a threat deal of activity in the seeds market, and prices show little change. There is little demand for chaff, inquiry being received' for only odd trucks, and the price remains round £5 a ton.

Quotations. The following are quotations to farmers on trucks at country sidings, unless otherwise indicated: Wheat—-Milling, f.o.b. Tuscan, 5s lid, Hunters 6s Id, Pearl 6s 3d, Marquis 6s 5d.. Final payment of 3d a bushel on all wheat at the end of the year). Oats —A Gartons 3s 9d to 4s, .B’s 3s 3d to 3s Gd; Algerians 3s 6d to 3s 9d; Duns 4s to 4s 6d, according to sample. Ryegrass—Perennial and Italian 6s to 7s, according to sample. Cocksfoot —9d (nominal). White clover—2s to 2s sd. Red Clover—ls to Is 4d. Partridge Peas—Gs 9d to 7s. Chaff—£s (nominal). Barley—Malting, ex stack, 4s IOJd, e> stoolc 4s 7-Jd; Cape, 4s to 4s Gd; black, 6s to 6s 3d. Onions—£lo, sacks extra. Linseed—f.a.q. £25.

THE SHARE MARKET, The following sales were made on the Christchurch Stock Exchange yesterday :

Sales Reported. £ s d 150 Dunlop Rubber 0 19 6 10 McLeod Bros. 27 10 0 Sales on ’Change, 50 British Insurance 2 10 0 200 N.Z. ltefrig. (LI pd) . 100 Christchurch Gas 1 0 11 1 b 0 200 N.Z. Breweries1 14 0 100 British Tobacco 2 9 t> 100 Farmers’ Trading; ... 1 UNLISTED STOCKS. 0 (i 100 A'us. Motorists’ Petrol 0 11 0