COMMERCIAL NEWS

Ashburton Guardian, Volume 57, Issue 245, 28 July 1937, Page 9

COMMERCIAL NEWS

TINWALD STOCK MARKET.

THE CONCLUDING SALES. The following were the concluding prices at the stock sale at the Tinwald stock market yesterday:— Fat Ewes—On account of estate V. W. Wright (Lagmhor) 19 at 13s lOd to 21s lOd.

Fat Wethers—On account of I>. Wilson (Seaview), 9 at 31s lOd to 37s 4a ; clients, 7 at 31s lOd. Store Sheep—On account of clients, 76 ewes at 26s Bd, 10 at 14s 4d, 29 at 23s 7d, 105 sound-mouth ewes at 27s 6d.

GRAIN AND' PRODUCE.

AUCKLAND MARKETS

AUCKLAND, July 27

Since last report the only notable change in values on the grain and produce markets has concerned onions. The rapid depletion of stocks available from Pukekohe and from the South Island has caused prices to advance Vapidly, and to-day wholesale quotations rule from 16s to 17s per cwt. However, the announcement that the Government intends to arrange for the importation of Victorian onions is expected to bring about an easing in values, as they should land here to sell about 12s per 1001 b. Potatoes are in good supply in the city and two steamers from the south are unloading to-day. White tables are steady at late rates, but Dakotas are selling 5s a ton cheaper, namely, from £lO to £lO 5s a ton. The pollard position shows no improvement. Merchants report difficulty in getting Australian supplies, and values' show no signs of easing. Howfever, the demand is keen even at the high prices of 10 to, £lO 5s a ton. Bran is available in ample quantities from local mills.

Oats are reported to he easier in the south, but there is no change in local values. There is no change in maize. South African is quoted at 63 4d to 6s 5d a bushel.

DAIRY PRODUCE IN LONDON. WELLINGTON, This Day. The following information is supplied regarding the London markets by the Primary Products Marketing Department, which has received a cablegram from London:— Butter. New Zealand—Salted, 116 sto 117 s (last week 115 s); unsalted, 117 s (115 s). Australian—Salted and unsalted, 115 s to 116 s. Market firm. New Zealand retail price unchanged, Is 2d. Irish Cream—Salted, 117 s. Danish—lo4s, f.0.b., 124 s spot. Dutch—Unsalted, Ills to 113 s. Siberian—Salted, Ills 6d to 112 s. Ukranian—Salted, Ills 6d to 112 s. Lithuanian—Salted, 113 s. Market firm. Danish retail price unchanged, Is 2d. Cheese. New Zealand;—White, 74s to 74s 6d (72s to 72s 6d) ; coloured, 71s 6d to 72s (70s). Market firm at the advance. Detail price unchanged, 9d to lOd. Australian—White, 72s to 735; coloured, 70s. Canadian—White, 72s to 73s 6d; coloured, 725; c.i.f., 71s; old -season’s white and coloured, 80s. English Factory Cheese—7os to 70s 6d. Market firm. WHEAT MARKET IN BRITAIN.

LONDON, July 26. Wheat cargoes are quieter and easier and parcels are in poor demand. The spot trade is quiet. . Futures are quoted: London—July 48s Id per quarter, November 46s lOd. Liverpool—July 9s 5d per cental, October 9s 1 5-Bd, December 9s March 8s 10id.

DUNEDIN SHEEPSKIN SALE. DUNEDIN, July 27. The fortnightly sheep-skin sale was held to-day when medium-sized catalogues were offered to a good attendance of buyers. There was keen compe-

tition for all grades of skins and sound skins were Id per lb in advance of last

sale’s pa’ices. Faulty skins sold on a par.

Values were: Halfbred, full-wool 17£d, half-wool 16d, quarter-wool 12*d; fine crossbred, full-wool 16d, half-wool 15£d; crossbred, full-wool 15|d, threequarter wool half-wool 15£d, quarter-wool ll|d; crossbred hoggets, 14|d; fine crossbred hogget 15£d; halfbred hoggets 15£d; crossbred dead and damaged 12£d; fine crossbred dead and damaged 13£d; halfbread dead and damaged 15£d. On the foregoing prices the values a skin range as follows: Halfbred fullwool to 6s 6d, half-wool 10s 6d, quarterwool 6s; fine crossbred, full-wool 13s 6d, half-wool 10s 6d; crossbred, fullwool 13s 6d, half-wool 11s; half-bred hoggets 8s 9d, crossbred hoggets 9s.

THE SHARE MARKET The following sales were made on the Christchurch Stock Exchange yesterday , LISTED STOCKS. Sales on ’Chang©.

£ s. d 400 Comm. Bank of Aust. 0 18 1 0 18 0 (2) 0 18 1 100 Goldsbrough, Mort ... 1 16 2 300 N.Z. Refrig. (10s pel.) (3) 0 9 8 100 Kaiapoi Woollens (17s paid) 0 14 4 100 N.Z. Breweries 2 10 0 100 Tooths Brewery 2 14 6 100 Aust. Glass 4 14 0 4 14 6 285 Broken Hill Propty. 4 4 8 (2) 4 4 9 4 o 0 100 Electro. Zinc (pref.,

cum div.) ... (2) 2 18 9 100 G. J. Coles 5 10 0 5 11 3 100 Shillings, Ltd. 0 18 0 200 Argo 0 1 10 200 Broken Hill South (2) 2 8 0 50 Mount Lyell 2 2 10 1350 Mount Morgan (6) 0 11 1 Sales Reported. £500 Lyttelton Harbour 41 p.c., 31/3/40 103 0 0 100 Comm. Bank of Aust. 0 18 2 300 N.Z. Refrig. (10s pd.) 0 9 7 (2) 0 9 9

50 Australian Glass 4 14 3 100 British Tobacco (2) 2 10 0 50 Broken Hill Propty. 4 5 0 50 N.Z. Drug 3 14 0 UNLISTED STOCK Sales on ’Change. 100 McKenzie’s Department Stores (2) 4. 2 6 50 National Tobacco 146 Woolworths (Syd.), 2 17 6 ordinary 6 13 9 6 13 0 (2) G 13 9 Sales Reported. 100 Assoc. Motorists’ Petrol (pi-ef.) 1 9 6 150 Ballins Breweries (15s paid) 0 13 9 125 McKenzie’s Department Stores (2) 4 2 6 25 Woolworths (Syd.), ordinary G 14 3 i