GRAIN AND PRODUCE

Ashburton Guardian, Volume 70, Issue 129, 16 March 1950, Page 7

GRAIN AND PRODUCE

EXCELLENT LINSEED YIELDS REPORTED

COMMERCIAL

The Ashburton grain, seed and produce merchants report that most lines of wheat have now been dealt with, but odd growers are holding for next month’s price, when the first increment becomes operative. Owing to the early announcement of the price payable for next season’s wheat, merchants have already reported a strong inquiry for seed. The market for all varieties of peas remains exceptionally quiet, and sales are difficult to make. Whilst the market for grass seed is still firm, merchants feel that peak prices may have been reached. The market for white clover which steadied last week remains quiet. Most autumn sowings of lupins have now been completed and the market may remain quiet until spring. The linseed crop is still being harvested and some excellent yields have been reported. Oatsheaf chaff remains quiet at recent quotations. Other markets remain unaltered. Range of Prices The range of prices is as follows, all on trucks at country stations, sacks extra unless otherwise stated:— Wheat—Tuscan 8s 9d a bushel, Hunters, B>s lid, Velvet 9s Id, Marquis 9s 3d, all f.o.b. (less Id a bushel insurance): Hilgendorf 9s 9d. Oats—“A” Gartons 5s a bushel, “B” grade 4s 9d (nominal),. Algerians 4s to 4s 9d undergrade 4s 6d, Duns 5s 6d to 6s, according to quality, Barley—Chevalier 6s 7d, Cape and research 6s 4d a bushel. Gress-seed—Mother perennial, £1 a bushel; certified permanent pasture, 19s; certified mother H, £1; standard, ISs 6d; certified Italian mother, 14s; standard, 14s; uncertified, 12s. Linseed —F.a.q. £32 a ton, contract. White Clover—Uncertified, 3s 6d; permanent pasture, 4s; mother, 4s 2d. Peas —Partridge 10s a bushel contract (No. l’s), Prussian blues 11s 6d per bushel contract (No. l’s). Lupins—lls a bushel. Chaff—G.B.O.S. £7 a ton. Cocksfoot—2s 6d to 2s 9d (according to quality). Egg Prices Buying price for eggs this week is 3s plus 7Jd subsidy per dozen, and the retail price 3s 4|d.

STOCKS AND SHARES

The following transactions were recorded on the Christchurch Stock Exchange yesterday: Sale on ’Change—N.Z. Guarantee Corporation, 5s 3d; G. J. Coles (cum bonus), 24s 6d; Maling (pref.), 21s (2); N.Z. Forest Products, 6s 3d (3); Woolworths Ltd. (cum div., chm rights), 25s 9d (2). Sales repoi’ted: Bruce Woollen, 44s 6d; N.Z. Drug, £5 11s; Northern Roller Milling, 335; Turnbull and Jones (pref.), 255; Woolworths Ltd. (cum div.), 25s 9d.

ADDINGTON SALE

ALL SECTIONS FIRMER (P.A.) CHRISTCHURCH, March 15. At the Addington stock market today there was an entry of 28,408 store sheep including 6737 lambs, 3337 twotootlj ewes, 16,854 aged ewes and 1480 wethers, compared with 30,489 last week. The lamb entry was of good average quality. Wether lambs were from par to Is dearer than last week and ewes®Avere fully 2s dearer. Best ewe lambs made to 535, and best wether lambs made 32s 6tl to 395, 20s. Two-tooths were of mixed good 27s to 31s and others down to quality with some excellent lines of Romneys. Prices were two to three shillings above last week and in the case of better Romneys were severa' shillings better than late rates. , The best of the offering made to 78s for Romneys. Best fine-woolled ewes made to 695. Good two-tooths made 54s to 625, medium 46s to 535, and others down to 365. Aged ewes for the most part were fully up to recent rates for better sheep and were from par to one shilling a head better for secondary sorts. Best made 46s to 525, good 36s to 455, best soundmouthed 34s to 465, good 29s to 335, and aged and inferior down to 15s. Fat lambs totalled 1988 compared with 2219 last week. Prices were about 2s better than last week. Best made 52s to 66s Id, good 42s to 51s and medium and light 33s to 41s. Ashburton sales were: P. Brick (Mt. Hutt), 14 at 36s 7d to 41s 7d, H. W. Dixon (Methven), 36 at' 40s 7d to 47s Id.

In the fat sheep section there was a yarding of about 4500, about the same as last week. All classes met a very strong sale and ewes were 2s to 3s dearer with best butchers’ sorts showing the greatest rise, and wethers were 2s to 4s dearer. Extra prime heavy wethers made to 79s Id, prime heavy wethers 49s to 595, prime me-dium-weight wethers 43s to 48s, ordinary and light wethers 35s to 425, extra prime ewes to 47s Id, prime ewes 34s to 40s, prime medium-weight ewes 30s to 33s 6d, and 'ordinary and light ewes 22s to 295. W. J. Breading (Rakaia), 80 ewes at 27s Id to 31s 7d; P. K: Brown (Rakaia), 19 ewes at 25s Id to 30s Id; L. A. Watson (Methven), 34 hoggets at 65s Id to 70s Id; H. W. Dixon (Methven), 10 wethers at 66s Id to 73s 7d, 7 ewes at 34s Id; T. A. Richards (Rakaia), 22 ewes at 32s Id to 33s Id; J. G. Lilley (Mount Hutt), 60 ewes at 33s Id to 39s 7d; P. Brick (Rakaia), 62 ewes at 22s to 31s Id; Magson Bros. (Rakaia), 60 ewes at 34s Id to 39s Id; A. P. Bruce (Pendarves), 2 wethers at 64s Id, 60 ewes at 3Ss Id to 43s Id. Fat cattle numbered 560, compared with 572 last week, and while therq was some variation in the market on the whole prices for all classes of beef were about up to late rates. Best beef made 80s to 85s per 1001 b, with extra prime a shade dearer, good to 70s, medium to 555, best cow to 60s, and secondary cow 36s 6d to 42s 6d. Values were: Extra prime heavy steers, to £36 12s 6d; prime heavy steers, £25 10s to £3O 10s; prime medium-weight steers, £ls 10s to £24 10s; ordinary and light steers, £9 10s to_ £l4 IDs; extra prime heifers, to S2B 2s 6d; prime heifers, £l3 10s to £2O 10s; ordinary and light heifers, £6 10s to £l2 10s; extra prime cows, £2l 12s 6d; prime cows, £lO 10s to £ls 10s; ordinary and plain cows, £5 10s to £lO. E. D. Thomas (Mount Hutt) 2 steers

£36 12s Gd, 2 heifers £22 17s d to £2B 2s 6d; Lands and Survey Department (Lauriston) 6 steers £27 7s 6d to £3l 7s 6d, 1 cow £2O 7s 6d; Lands and Survey Department (Windermere) 1 steer £3l 2s 6d, 1 heifer £l9 17s Gd. Porkers were dearer by 5s to 7s. Choppers were firmer by 30s and baconers were fully on a par with late rates. Values were: Light porkers, £4 12s 6d to £5 2s Gd, medium porkers, £5 8s Gd to £5 18s Gd; heavy porkers, £G 2s Gd to £6 I2s Gd; choppers, £7 11s to £l2 13s 6u; light baconers, £6 14s Gd to £7 4s Gd; medium baconers, £7 Gs Gd to 7 16s Gd.