COMMERCIAL NEWS

Ashburton Guardian, Volume 61, Issue 59, 19 December 1940, Page 8

COMMERCIAL NEWS

GRAIN AND PRODUCE. THE ASHBURTON MARKET. Ashburton grain, seed and produce merchants report a dull period on the local market. Most merchants are endeavouring to clear out existing stocks before the new season’s grain comes on the market. It is understood that the price for next season’s wheat will be the same as that ruling last season.

Crops of oats, wheat and ryegrass are looking well, and indications are for good yields. Cocksfoot, however, has not come up to expectations, and it is anticipated that the yield will be poor. The following are prices quoted to farmers, on trucks at country stations unless otherwise indicated, sacks extra, free of commission:—

Wheat Milling, f.0.h., 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 Cartons 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. Thp Ashburton egg market is flooded and the result is a further drop in prices,, so that the buying price is now Is 2d per dozen, and the selling price Is 3d.' . STOCK SALES. ADDINGTON. CHRISTCHURCH, December 18. Record yardings of fat cattle and porkers were ottered at Addington today at the Christmas treble market. Fat Cattle—The yarding of 930 was of excellent quality and sold well. Best steers were down by 30s a head, and ordinary and plain coavs and heifers and steers by £l. Best steers made £ls 10s to £2O, ordinary £lO to £ls, best heifers £lO 10s to £15.7s 6ct, medium £8 to £10; best cows £8 10s to £l4 2s 6d, others* £6 10s to £B. Store Cattle —The yarding of store cattle was the smallest of the season. No quotable lines were on offer. The few coavs that wore offered made late rates. A fair entry of bulls sold at up to £lO 13s 6d. Fat Sheep—The yarding of' 6500 Avas of good quality. Prices for ewes Avere doAvn fully 2s a head and wethers Is to Is 6d, except prime light and me-dium-Aveiglit, which were fully firm. Prime Avethers made 28s to 365, medium 25s to 27s 6d; prime eAves 24s 6d to 31s, -medium 16s to 20s.

Fat Lambs—The yarding of 5000 head sold very Avell, exporters taking about one-third. Butchers competed freely for their requirements for the Christmas trade" and paid a halfpenny over for best medium Aveights. Store Sheep—The yarding Avas composed mainly of Avethers, including several station lines. The demand was slightly easier, but prices Avere unchanged.

Pigs—The pork-entry was the.largest ever seen at Addington and toward the end of the sale there Avas an easing of os to 7s. Pork averaged 6|d to 8d per lb and bacon 6)d to 71 d per lb. Store Pigs—Prices secured were : Small wbaners 17s to 21s, medium 22s to 265, best to 31s; slips 26s to 30s; small stores 31s to 345, medium 35s to 37s 6d, large 38s to 425. > Sales of County Clients, Sales on behalf of Ashburton County clients 1 at the Addington stock market yesterday were: —- Fat Lambs—On .account of H. Hurst (Mount Hutt), 10 at 29s 7d to 33s 4d; I. Moodie (Rakaia), 9 at 27s Id; W. Martin (Rakaia), 90 at 23s 4d to 26s lOd; W. Shellock (Rakaia), 16 at 26s 7d. Fat Wethers—On account of Miss E. E. R. Richards (Mitcham)), 11 at 34sId; estate A. V. Richards (Mitcham), 12 at 25s I'd; Mrs I. H. McConnell (Hinds), 29 at 20s 3d; E. G. Hayward (Methven,) 60 at 24s lOd to 29s 4d; James Muckle (Rakaia), 30 at 28s Id to 34s lOd; Ashburton client, 140 at 26s 7d to 28s Id; F. W. Morris (Rakaia), 12 at 23s Id to 23s 4d ; R. G. Fletcher (Rakaia), Bat 21s 4d; estate W. F. Magson (Rakaia), 50 at 25s lOd to 31s Id; A. IG. Holmes (Rakaia), 25 at 28s 7d to 30s Id.

Fat Ewes—On account of Miss E. E. R. Richards (Mitcham), 11 at 28s; estate A. V. Richards (Mitcham)* 56 at 13s to 25s lOd; R. 0. Gerard (Methven), 32 at 15s lOd to 16s Id; D. Cotterill (Methven), 16 at Us lOd to 15s 10d; R. Fletcher (Rakaia), 22 at 16s lOd to 21s 7d; A. G. Holmes (Rakaia), 49 at 19s lOd to 26s 4d.

Fat Cattle—On account of Mrs E. Maitland (Ashburton), 2 coavs at £9 12s 6d to £ll 2s 6d; C. Nfordquist (.Methven), 3 coavs at £ll 2s 6d to £l2 17s 6d. THE SHARE MARKET . The folloAving sales were made on the Christchurbh Stock Exchange yesterday : LISTED STOCKS. Sales on 'Change.

100 Hank of New Zealand £ *2 s. d J. 0 300 Westport-Stockton Coal 0 ‘2 4 3300 Moonlight Coldlields (3) 0 0 4 Sales Reported. 200 United Building 1 0 3 100 Felt and Textiles 1 10 0

195 Westport Coal (late sale Tuesday) 1 0 0 200 Christchurch 0as ... . 1 0 2 100 Wilsons’ Cement 0 19 0 100 iYIanawatu Woollens ... ] 0 0