COMMERCIAL NEWS

Ashburton Guardian, Volume 61, Issue 147, 3 April 1941, Page 10

COMMERCIAL NEWS

CRAIN AND PRODUCE.

THE ASHBURTON MARKET. The iir.st increment of a penny a blpshel was added to the price of milling wheat from the first of this month. Several lines have come forward at the increased price, but most millers have purchased their full requirements. An announcement was made by the Price Tribunal.that the prices for all grades and varieties of oats were not to exceed the rates ruling on March 28. No doubt further details will he issued by the Government. There has been a good demand for oatsheaf chaff at ruling quotations. Odd sales of linseed have been reported at about £ls a ton, but most growers consider the price too low. The demand for both red and white clover and cocksfoot is good and values are firm. Italian ryegrass is also in demand and prices are inclined to firm. Partridge peas are nominally worth 6s a bushel, but buyers are displaying no keenness in the market. The potato market remains firm with little business passing. Reports are to hand that several: crops are not expected, to yield above four tons to the acre. Following are prices quoted-to farmers, on trucks, sacks extra, free of commission : Wheat—Tuscan os 7d. Hunters 5s 9d, Velvet 6s lid. Marquis 6s Id (all f.0.b.). Oats—A Cartons 3s, B grade 2s 8d to 2s 9d; Algerians 2s ocl to 2s 8d; Duns 3s 3d for heavy dark ? quality, 2s 3d to 2s 9d for light and inferior. Grass Seeds—Perennial to 3s 6d, Italian 3s to 3s 6d, according to quality; cocksfoot Is per lb, according to quality. Peas—Partridge 5s to 6s. Chaff—Good bright oatsheaf £4. Thia Egg Market. There has been an advance of, twopence a dozen in the price of eggs, making the buying figure Is lOd and the selling price 2s del. There is a strong demand. Pullet eggs which are in fair demand are in fair supply at 'a buying price of Is Gd.

THE STOCK SALES.

ADDINGTON. (P.A.) CHRISTCHURCH, April '2. At the . Addington market to-day values were well maintained in practically all sections, the fat stock sections having very small entries. The fat sheep sale opened with a sharp jump of 3s to 6s a head, there the market steadied later and the average improvement was from. 2s 6d to 3s. Prime wethers made 30s to 365. good 25s to 20s, best ewe 23s to 30s, medium 18s to 225, and light 15s to 17s 6d. *

Fat lambs had a keen sale at up to schedule rates, bringing a shade more for butcher.* sorts.

Store sheep sold at an advance and better than at all country fairs except the last one. Romney cross two-tooth’s sold to 375, medium . 25s to 295, and Chatham Islands four-year-olfls to 21s 6d. Four-year-old halfbreds of ordinary quality sold at 16s and ordinary two-tooths at 245. Prices generally were fully Is a head better, and the best of the lambs also brought Is a head more.

Fat cattle advanced in value by # a full 2s a. head for •best quality. Top prices ranged from £l7 10s to £2O, good £l4 I,os to £l6 10s, and light down to £ll. Heifers .sold from £lO 10s to £l3 10s, and special to £lB, secondary down to £8 10s, best cows £9 10s to £ll, and tops to £l3. Best beol made up to 41s per 1001 b, tops to 42s 6d, medium to good '3ss to 375, and rough down to 295. . A good-sized line of young black Phil steers from South Canterbury raised the standard of the store cattle yarding. They comprised 63 head, from 18 months to two years, in good forward condition, which made from £5 Is to £7. Fair sorts of young cows fox grazing met with a fair sale, but other classes did not attract much interest.

Fat pigs and porkers firmed by 5s a head, making from 42s 6d to 58s 6d an average price per lb of_7d to 7£d. Baconors made £2 19s 6d to £3 18s 6d, easing by ss. The average price per lb was Gd to 6*d.

Store pigs sold as follow: Small wcaners, 5s to 7s; medium 8s to 30s; best, to 15s Slips, 16s to 20s. Small stores, 22s to 255. Medium stores, 26s to 30s. Large stores to 37s 6d.

BURNSIDE

(P.A.) DUNEDIN, April 2. Values generally were firmer at Burnside to-day, all sections participating.

• In the fat cattle section there was a. yarding of 310 head. Values were from 15s to 20s a bead better than last week. Prime bullocks made £l4 15s to £l9 12s Cd. medium £ll 15s to £l3 and prime cows and heifers to £ll 1.2 s Gd. .

A yarding of 1600 fat sheep sold firm at late rates. Best young owes made to 23s Gd, prime 11s to 15s, medium 8s to 'los, best wethers to 31s, prime 21 s to 26s Gd and medium 21s to 235. Fat lambs sold at 19s to 31s.

Fat pigs showed an improvement of 15s a bead. Best baconors made to £4 18s and best porkers to £3 10s.

* G-IiIRALDINE. About 700 fat lambs wore yarded at Geraldine yesterday, quality being good. The demand was keen, values being up to and in some instanees exceeding schedule rates. Prime lambs made 24s 4d to 27s\ and light to medium 20s Id to 22s dd.

The yarding of store sheep comprised mostly aged ewes of indifferent quality with a few pens of medium, two-tooth

ewes. The lambs offered were mostly of inferior quality. Prices realised wore firm' at late rates. 'Medium to good two-tooth ewes made 25s 6d to 30s, small to 17s 6d; best six and eighttooth half-bred ewes to 10s Id, best six and eight-tooth cross-bred ewes 7s Id to 9s 3d; good cross-bred ewe lambs to 17s; small ewe lambs 5s 3d to 6s lOd, small wether lambs 3s to 5s 3d.

THE SHARE MARKET.

The following sales were made on the Christchurch Stock Exchange yesterday • LISTED STOCKS.

"Sales on ’Change. £ S' •1 £430 War Loan 1/10/53 (2) 81 12 6 100 Bank of Now Zealand O 0 9 200 Westport Stockton Coal (ord.) (2) 0 2 8 Sale Reported. 250 Broken Hill Prop. (10s pd) (now) 1 n 0 500 Wilsons Cement 0 10 5 100 Mount Lyell (late sale Tuesday) 1 8 3 UNLISTED STOCKS Sales Reported. 150 Silk nit (cum div.) ... 0 G 7