COMMERCIAL PRODUCE MARKET

Timaru Herald, Volume CLVIII, Issue 23257, 19 July 1945, Page 7

COMMERCIAL PRODUCE MARKET

Potato Shipment For Overseas Export Of Seeds Now Permitted Now that the embargo on export hits been jilted on most lines of seed;-;, merchants have received instructions to prepare them foi shipment. This applies io sales of ryegrass. Italian ryegrass unci cocksfoot made some lime | ago. Generally speaking there iias I been a quieter tone on the seed mar- | I ket as there have been few .nquinw I from Hie United Kingdom, the excep- j tion being Montgomery red clover. There has been a good inquiry ler pedigree ryegrass for New Zealand io- I quirements, " but stocks are in snort supply and any lines offering are meeting with a good sale. The shortage of pedigree white clover has resulted in a demand for pedigree strain mother white clover, but the price has reached a point where it is difficult to make sales. The snow has interrupted all farming operations, and it will be some time before farmers will be able to get on to their land. In many cases they have been obliged to feed hay to their sheep, and there have been a number of inquiries for hay for that purpose. Wheat Few lines have come forward during the week and most of it has been accepted as fowlwheat at milling prices, provided the quality is of the necessary standard. This applies chieflv to Cross 7 and Tuscan lines. Hunters being above the stipulated fowlwheat price. Current fixed prices are: Tuscan 6 9i a bushel and Hunters 6 11L a bushel. Oats Oats have been neglected and there is a fairly heavy surplus in this district. Chaff A fair quantity of chaff is available in South Canterbury, but the quality is not up to the usual standard and it is difficult to interest buyers. Nominal quotations for g.b.o.s. are £6/ 5/- a ton on trucks. Potatoes Arrangements are now in hand for a shipment of 1200 tons of potatoes from Timaru for the United States Army Purchasing Board. There is a good demand both locally and from the North Island for seed potatoes, particularly certified lines. The current fixed prices are: Suttons and King Edwards £9 5/- a ton, Dakotas and Whites £8 15/- a ton; certified seed, short top Aucklander mother seed. £l3 a ton; commercial seed, £ll/10/- a ton: Arran Chief and Dakota mother seed, £11; commercial seed, £9/15/- a ton; uncertified seed (maximum) £9. Seeds Arrangements are in hand for the shipping overseas of various lines of seed which were sold earlier in the year. Pedigree lines of ryegrass, white clover and Montgomery red clover are in demand for local sowing. There have also been inquiries from overseas for Montgomery red clover.

BURNSIDE SALE GOOD PRICES REALISED (N.Z.P.A.) DUNEDIN, July 18. There was another large yarding of 375 cattle at Burnside to-day and prices were easier than at the previous two sales. The better quality fat cattle marketed resulted in fairly strong com-, petition, while the ordinary and lighter kinds were somewhat neglected. Extra orime steers realised £lB/7/6 to £22/17/6, medium £l6, 7/6 to £l7/7/6. and light from £l4/12/6, prime heifers £lO/12 6 to £l5/17/6, medium £B,TO/- to £9/7/6, and light from £6/17/6. There were 2250 sheep entered, including many pens of good quality ewes. Competition for wethers was keen, and there was an improvement in values. Owing to the large number of ewes, this class being in excess of requirements, prices eased in comparison with last week's auction. Hoggets of al! descriptions met with a ready sale. Prime wethers made 46 '6 to 56/6, medium 39/- to 43/-. light from 34/-, prime ewes 28/- to 34/9. medium 24/6 to 25/6, and light from 21/-. The entry of baconers was small, about 65 being offered. As the result of the short market, prices reached'a high level, probably the highest for some years at Burnside. Prime baconers made £7 to £9 '5 medium £5/15/to £6/10/-, and light from £4/18/-. ADDINGTON MARKET MUTTON DEARER (N.Z.P.A.) CHRISTCHURCH, July 18. At the Addington market entries in some sections were affected by the wintry burst over the week-end, but fat cattle were penned In heavy numbers. Tire market for fat cattle was irregular, but fat sheep showed a sharp rise. Only a few store sheep and cattle were yarded. Store Sheep.—The entry totalled 198, the smallest for a long time. There were only a few buyers present and little interest was taken in the sale. A pen of 20 two-tooth wethers made 24/6, a pen of 20 hoggets 20/-, and another of 52 hoggets 14/-.

Fat Sheep.—The entry was approximately 3000, surprisingly good in view of the wintry conditions, and the sheep generally did not show much effect of the sudden change in the weather. Included in the entry were several pens of show condition sheep, and these realised peak prices (61/7). Because of the limited yarding, following on the comparatively light entry last week, there was an all round demand by butchers. Prices over the early part of the sale reached high levels, but with many butchers dropping out as their requirements were filled there was a steadying tendency over the second half of the sale. Prices • ?re still higher than last week for all classes. On the whole there was an advance of from 2- to 3. - a head. The highest price for wethers was 61/7 and for ewes 50 10. Fat Cattle.—The entry was surprisingly large considering the difficulties of transport. The sale commenced with an average entry of about 500 head, and an advance of 20/- a head for the limited supply of good cattle took place. Other classes were slightly dearer. Late entries increased the total to 711, compared with 480 last week, and this increase caused a decline on the earlier rates for best cattle. Cows again were yarded in large numbers. Best beef made to 53/-, good to 49 medium to 45 and secondary cow to 31 all per 1001 b. Extra prime steers made £22 to £26 17'6, prime medium weight steers £l6 10'- to £lB 10/-, extra prime heifers to £l6 26. and cows to £l4 12 6. Fat Pigs - The yarding of fat pigs was very small. All good quality porkers maintained last week’s rates, but others were easier by 3 - to 4 - a head. There was a firming tendency lor choppers, which sold at an advance of 20 - a head on last week Baconers were forward in small numbers and values showed little change. 'Hie average price per lb was 9d to 91 d. STOCKS AND SHARE* Auckland.—Bales on ’Change: Liberty Loans, 15 5 48, !."• per cent , £9B 12 6; 15 6 47-49, 21: per cent.. £97 17.6; 1.5 12,53-56. 3 per cent... £9B 26; Block, 15 I 53-57, 3 A pei cent... £lOl5-.; Auckland Harbuei Board. 10 G 54, 41 per cent . £lO7 10, -, Commercial Bank, £lO 15 ■; Bank of N.Z.. 49 4; Union Bank. £8 6 9; N.Z. Insurance, 98 6 <2>; F.A.C. (£1 paid). 17 9; Auckland Gas. 7.6, 7/7 <2>; Auckland Gas (con.), 3 - (2); ACI, 57 -, 57 3: Broken Hill Ply.. 46 8; Colonial Sugar, £6l; Dunlop Rubber, 27. 6: Fletcher Holdings. 32'-; Forest Products (pref.). 11 6: Mt. Lyell, 28 6; Southern Cross Assurance, 2/6. Christchurch.—Sales on ’Change: Stock, December, 1953-56. 3 per cent. £9B 26; Victory Ixjan. 1956-59. 3 per cent... £9B; Bank of N.Z., 49 4. 49 3 49 2: K.aiapoi Woollen •pref.’). 25 6 i British Tobacco, 48 9 Sales Reported I Stock, 1948, 2’. per cent.. £9B'lo Victory Loan. 1956-59. 3 per cent., £9B Stock. 1948. 4 pnr cenl.. £103; National Bank oi N.Z., 58 Kaiapoi Woollen (pre!.), 25’6. Dunedin.—Sale on ’Change: N.Z Refrigerating (coni ). 14 G. Sales Reported: Regent Theatre (Civil debs,). . £B5 5 Stock. 1960-63, 3 per cent.. ! £97'7’B: Bank c ?!.?■_, 49 4. 49'3; Mos- , idol Woollen, £l4 2-: Milburn Lime,