COMMERCIAL NEWS

Ashburton Guardian, Volume 62, Issue 6, 18 October 1941, Page 8

COMMERCIAL NEWS

FRUIT AND PRODUCE. THE ASHBURTON MARKET. Prices at the fruit and produce market at Ashburton on Friday were as follow: Cabbages—(kl to 9d. Chaff—4s and 4s 6d sack. Potatoes—4s 6d to os a sugar-bag. Wheat—lßs, 20s to 22s a sack. Onions—2-Jd to 3d lb. Honey—9d to Is lb. Apples—4s Od to .Is fid (Stunners). Carrots—3s fid per sugar-bag. Cauliflowers —fid to Is each. Seed Potatoes—7lb and 81b a Is. Lettuces —3d and 4d each. Rhubarb —fid and 9d a bundle. GRAIN AND PRODUCE. THE CHRISTCHURCH MARKET CHRISTCHURCH, This Day. The potato market developed a firming tendency during the week, although values arc too unstable to warrant a definite quotation. Nominally they range from £ll to £l2 for whites anti Dakotas, and £l2 for Sutton s Supreme. The season is unusually late this year, and this is delaying t-ho airival* of new potatoes in any quantity on the market, and it is likely that the old season’s supply will have to be depended upon for the next two or three weeks. Ordinarily there is a fair showurn of the new crop towards the end of” October. There are still inquiries from the north, but there are tew potatoes about. Anybody with small parcels can get a good price ior them at the moment. . There is little difference in other markets. With the advance of the spring growth the chaff demand lias practically ceased. ~ Heavy quantities of pea seed, of all varictes, have gone out to farmers, and with a favourable season there will be another substantial crop. Export prospects are again favourable. Most stocks of small seeds have gone into use. Practically all the high germination and purity clover seed has gone, most of it by export. The white clover crop last season was the biggest on record in the South Island, and as most of it found a ready market, principally for export at good prices, another* heavy crop is anticipated it the weather should be as favourable, the export of Montgomery red clover has also been heavy. Production of this seed is increasing each year. Cocksfoot is slightly easier, due to American supplies affecting the Hoimdemand. . The following are prices to be paid to farmers on trucks, except where otherwise stated: — Wheat —Tuscan os lid, Hunters 6s Id, Velvet 6s 3d, Marquis Gs 5d (all f.0.b.). Oats—A Gartons, nominal, 3s 2d, B grade 2s 9d, Algerians 2s 3d to 2s fid, Duns 3s 3d for heavy, dark quality; to 2s fid for light and inferior. Ryegrass—Perennial, 3s fid to 4s, Italian 3s fid to 4s. Cocksfoot—To Is per lb. Red Clover—lOd to Is 2d per lb. White Clover—To 2s per lb. Peas—Partridge, 6s to 6s 3d. Lupins—3s fid. Potatoes—Whites and Dakotas £ll a ton; Suttons £l2. Chaff—£3 10s. Onions —£16 a ton. THE SHARE MARKET. The following sales were made on the Christchurch Stock Exchange yesterday:— LISTED STOCKS. Sales on ’Change. £ s d 100 Mount Morgan ... 0 811

Sales Reported.

Mr Lascellcs claimed that the children of Mrs Kate Jackson and Mrs Henrietta Jackson, having been paid out at the time of their mother’s death, were in the same position as the sons, and were under no obligation to refund. On the death of Mrs Page her share would . fall into . residue and would go to the other legatees equally. There had been no over-payment to his clients, and there could be no question of any refund by them.

Mr Bussell said his clients, the Chisnall children, were entitled to go to the trustees now and ask for the payment of the balance of their share. They were, entitled to be treated in the same way as the two Jackson families and to bo paid out. Ho suggested that if need be, resort could bb had to Mrs Pa ££o*S share to make equality among the remainder, and this before the sons received their one-ninth share. Mr Brown, for the children of stillliving life tenants, said that with both the Gardiner children and the Chisnall children claiming to ho paid their full shares now, the question was what the trustees should do to ensure that Mrs Washbourn’s family should got an equal distribution of the balance now in hand. He suggested an equality could be produced by paying to the Chisnall and Gardiner children the greater portion of their share, leaving some portion in hand in case there were a deficiency in assets, and then, when Mrs Page died, the remaining assets to bo realised and divided to ensure an equal distribution in the four groups. Derision was reserved.

£600 4 p.e. N.Z. Oovt. Inscr., 1946-49 __ ■ 103 0 0 £400 War Loan, 1/10/53 ... 163 P. and 0. Defd. Stock 87 15 0 1 12 6 100 N.Z. Refrigerating (£1 pd.) ••• 1 1 6 100 Broken Hill Pty. (late sale Thursday) 2 2 1 6 100 Broken Hill Pty. 1 6 ICO McKenzies, Ltd. 2 4 6