COMMERCIAL NEWS

Ashburton Guardian, Volume 61, Issue 41, 28 November 1940, Page 8

COMMERCIAL NEWS

GRAIN AND PRODUCE. THE ASHBURTON MARKET. Ashburton grain, seed and produce merchants report a good retail demand for rape and turnip seed, also for ryegrass, clover and cocksfoot for sowing down with, these crops. Further Government orders have been tendered for grass and clover seeds by most merchants. Supplies are now short. There has been a. good demand for fowl wheat, and supplies are not very plentiful. Other markets remain unchanged. The following are prices quoted to farmers, on trucks at country stations unless otherwise indicated, sacks extra, free of commission:— Wheat Milling, f.0.b., Tuscan 5s lid, Hunters 6s Id, Pearl 6s 3d, Marquis 6s sd. (Final payment of 3d a bushel on all wheat at end of year.) Oats A Gartons 3s 9d to 4s, B Gartons 3s 6d, Algerian 3s 9d to 4s, Duns, dark heavy, 4s 3d to 4s 9d. Partridge Peas—6s 9d to 7s a bushel, No. 1 grade. Ryegrass—Perennial 6s 6d to 7s, Italian 7s to Bs. Cocksfoot—Bd to 9d. White Clover—ls 9d to 2s 6d. Red Clover —Is to Is 4d. Chaff—£4 15s.

The Egg Market.

Prices for eggs in Ashburton rose by one penny per dozen from to-day. The buying price is Is 4d per dozen, and the selling price Is 7d. The market is firm.

THE STOCK MARKETS.

ADDINGTON

CHRISTCHURCH, November 27

Though there were reduced entries in most sections at the Addington market to-day, values were easier. Fat cattle sold unevenly, being on an average cheaper by 15s a liead. Fat wethers were in over-supply as a result of a shipment of more than 900 from the Chatham Islands. These depressed the market bj T 2s 6d a head. Ewes sold with little change. Store sheep, mostly wethers, sold briskly. There was an entry of 1500 store sheep, and apart from Chatham .Island sheep the quality was not good. Chatham wethers, 4 and 6-tooth Romneys, early shorn and of big frame* sold up to 24s 9d. Chatham s.m. ewes sold at 225, fine-woolled 2-tooths at 24s 9d, and others at 22s 9d. A line of 113 shorn ewes and lambs made 14s lOd. The entry of 400 fat lambs sold at 9d per lb, or 3s a head dearer, at the outset, but eased later by £d per Jb and over.

In the entry of 4000 fat sheep a big proportion were butchers’ wethers. Best Chatham wethers sold at 24s to 395, lighter 25s to 28s; good ewes 33s to 36s 6d, tops 39s 4d, medium 26s to 80s, ordinary and light down to 25s There was a yarding of 560 fat cattle, compared with 482 last week. Good medium steers and best heifers showed a minor casing, but unfinished stock were down by up to £l. Good beef sold at 39s to 42s per 1001 b, but a lot at less than 40s. Prime steers made to £24, heavy. £ls to £lB, medium £l2 to £l4, light from £9; good heifers £ll. to £l3, tops at £l6, light from £7; best cows £ll to £l3, ordinary £9 to £lO, unfinished from £7 JOs. In store cattle two to three-year-old Shorthorn Hereford and Black Poll crosses brought from £7 8s 6d to £9 7s 6d, yearling heifers £4 10s and 18months heifers at to £5 Is. Empty cows for grazing, in fair condition,, made up to £7 18s 6d. The sale, however, was without much life. The porker entry was the largest of the season. Values were firm. Baconers were in full supply and values, improved by up to 3s a, bead. Light porkers made 51s to 58s 6d, medium 59s 6d to 64s 6d, best to 69s 6d; average price 8d to 9d per lb. Light baconers 70s 6d to 77s 6d, medium 80s to 85s, heavy 87s 6d to 95s 6d for tops. An average of 6J d to 7Jd per lb. Store pigs sold as follow: —Small weaners, 15s to 18s; medium, 19s to 225; best to 265. Slips, 24s to 28s. Small stores, 28s to 325. Medium stores, 34s to 38s. Large stores, 40s to 455. Sales of County Clients. Sales on behalf of Ashburton County clients at the Addington stock market yesterday were: — Fat Lambs—On account of W. J. Rushton (Lauriston), 21 at 27s 7d to 30s Id ; I. Moodie (Rakaia), 9 at 30s lOd to 34s Id. Fat Ewt?s —On account of A. C. Watson (Methven), 22 at 23s lOd to 28s 4d; A. J. Wilson (Methven), 24 at 24s lOd to 25s lOd; R. Malloy (Methven), 12 at 20s lOd to 23s 7d; W. J. Rushton (Mount Hutt), 11 at 23s 7d. Fat Wethers—Oil account of R. Maidens (Lauriston), 12 at 22s 7d to 28s 7d. Fat Cattle —On account of E’. B. Newton (Ashburton), 4 steers at £l2 12s 6d to £l4 2s 6d.

BURNSIDE

DUNEDIN, November 27

A yarding of 1516 fat sheep was penned at the Burnside stock sale today. With the exception of one or two consignments of wethers, the bulk of the entry consisted of ewes, with several pennings of extra choice quality. The opening market for all sheep showed a firming of Is 6d to 2s 6d a liead on last week’s average rates, but as the sale progressed there was a decided easing, and over the concluding races prices generally were on a par with closing rates of the previous sale, being 2s 6d to 3s 6d below to-day’s opening prices., Prime heavy woolly wethers made to 47s 6d, and prime 37s to 38s 9d; prime heavy woolly ewes

made to 41s 6d, and prime 34s 3d to 37s 9d; prime heavy shorn wethers to 41s 6d, prime 34s 3d to 36s 6d, -medium 30s to 32s 9d, and light from. 25s 6d; heavy young shorn ewes made to 345, prime 29s to 31s 3d, medium 24s 9d to 27s 3d, and light from 18s 9d to 23s 6d. A yarding of 365 fat lambs was forward, compared with the last sale. Quality oh the whole was very good, and prices generally were 3s to 4s below last week’s good sale. Extra heavy lambs made to 35s 3d, prime 26s 6d to 29s 3d, and medium 23s 3d to 25s 6d. The 255 fat cattle penned included three or four consignments of prime heavy bullocks, with a bigger percentage of good medium-weight cattle, the balance being made up of cows and heifers, which were in short supply. The opening market for heavy cattle was hardly np to last week’s rates, and these were 10s to 15s easier. Med-ium-weight bullocks were selling on a par with last sale. Heifers, which were in short supply, were firmer to the extent of 10's to 15s. Prices for cows were hardly up to late rates. Extra prime bullocks, made to £24 2s 6d, heavy £l9 12s 0d to £2O 17s Cd, prime £l7 2s 6d to £lB 7s Cd, medium £l4 12s 6d to £ls 17s 6d, light £l2 2s 6d to £l3 7s 6d; prime cows and heifers made to £ls 17s 6d, medium £lO 2s 6d to £l2 12s 6d, light r £B 12s 6d to £9 10s, and unfinished £7 7s Cd.

A small eiytry of store cattle came forward, and these met with a good inquiry, prices being in advance of last week’s rates. One pen of two and a-half year bullocks in forward condition brought ,up to £lO Bs. There was a medium entry of fat pigs, 165 being penned. Competition for heavy-weight bacon pigs l was not as keen as at last sale, and prices for these were slightly easier. Light baconers and porkers met with a keen sale, and last week’s rates' were fully maintained. Heavy-weight baconers made from £4 to £4 10s, light £3 15s to £4 os; heavy porkers made from £3 10s to £3 15s, and light from £2 10 s to £3 ss.

A fair-sized entry of store pigs was forward, and met with very keen competition, prices being firm on last week’s rates.. Heavy stores made to £2 ss, medium £1 15s to £2, and weaners 26s to 335.

THE SHARE MARKET,

The following sales were made on the Christchurch Stock Exchange yesterday : LISTED STOCKS. Sales on ’Change.

£ s d 50 Broken Hill Proprietary 2 5 0 Sales Reported. 00 Union Bank of A ustralia (late sale) ... .7. . 1 0 30 Canterbury Frozen Meat 11 0 0 550 New Zealand Breweries (cum div.) (3) 1 12 0 100 Dominion Fertiliser . £200 N.Z. Farmers’ Co-op. 1 7 t 6 (4-J- per cent, stock. 27/7/51) 84 0 0 £200'*N.Z. Farmers’ Co-op. (4| per cent, stock, 13/7/49) ... ... 84 0 0