COMMERCIAL NEWS

Ashburton Guardian, Volume 57, Issue 246, 29 July 1937, Page 9

COMMERCIAL NEWS

GRAIN AND PRODUCE, THE ASHBURTON MARKET. Ashburton grain, seed and produce merchants report a little more activity during the week. Very few lines of wheat are now offering and it would appear that there is little remaining to he dealt with. Fowl wheat is in keen demand and supplies are limited.

Oats have not been offering to any extent and the market remains unaltered.

Owing to heavy importations of oatsheaf chaff from Australia the North Island markets are fully supplied and there is no shipping demand. Values are easier.

The potato market is difficult to follow. Exporters have their commitments in hand and the only market will now be in the North Island. Inquiries were received from Auckland and 'Wellington during the week and sales were effected. Several buyers of forward potatoes have ordered their tubers to store and it is reported that large quantities are being stored at Timaru pending future developments in the market. The seed market should be brighter next month.

The following are prices to be paid to growers, free of commission, on trucks, at country stations, sacks extra:—

Wheat—Milling Tuscan 5s 4d, Hunters 5s 6d, Pearl and Velvet 5s Sd (all f.0.b.). Good whole fowl wheat 5s 4d, undergrade 4s lOd f.o.b. Oats—A grade Gartons 3s sd, B grade 2s lOd. Algerians 2s 9d to 3s, Duns 2s 6d to 3s 6d, according to quality- t

Grass Seeds—Perennial, Italian and Western Wolths 2s 9d to 3s a bushel, cocksfoot 7d to B£d a lb, red’ clover 6d to 7d a lb; white clover 8d a lb.

Oatsheaf Chaff Good, bright oatsheaf £4 a ton.

Partridge Peas—No. 1 grade ss, f.a.q. 4s 6d a bushel. Potatoes—Whites £5; Dakotas £5 10s, for prompt delivery.

THE STOCK SALES.

ADDINGTON.

CHRISTCHURCH, July 28

Fat sheep, breeding ewes and porkers were easier at to-day’s Addington market, but fat cattle, store wethers and baconers were firmer.

Store Sheep—Forward wethers to 26s 6d, good wether hoggets to 255, s.m. ewes in lamb to 28s 3d; aged stare ewes down by 2s. Fat Sheep-—The entry was about 7000 head. There was a distinct easing for most classes. Wethers were most affected, being down fully. 2s. Ewes were down Is 6d for heavy sorts, while there was little change for lighter ewes. Values were: Extra prime wethers to 48s Id, prime heavy 35s to 40s, prime medium 31s to 345, ordinary 27s to 30s; extra prime ewes to 35s Id, prime heavy 27s to 30s, prime medium 24s 6d to 26s 6d, ordinary 20s to 245. Fat Cattle—A smaller penning of 435 head met with an improvement of 15s a head for good lines and up to 10s for other classes. Best beef sold up to 36s per 1001 b. Values were: Extra prime steers to £l9 17s 6d, prime heavy £l4 to £ls 10s, prime medium £l3 to £l4, ordinary £lO to £l2; extra prime heifers to £l3 2s 6d, prime £9 to £lO 10s, medium £6 5s to £8 ss, extra, prime cows to £l2 17s 6b, prime £7 5s to £9 10s, medium £5 5s to £6 15s. Vealers—ln spite of the unattractive entry the sale was a good one. There was a keen demand for small calves, the market generally being better. Values were: Prime heavy runners to £7 ISs 6d, * heavy £4 to £6, medium £2 10s to £3 159, prime vealers £3 7s 6d to £4 17s 6d, medium £2 15s to £3 ss, small calves £1 5s to £2 15s.

Store Cattle—The market comprised odd lots of cows and for the most part these sold at recent rates.

Dairy Oa.ttle—Tap price was £ll 2s 6d for a second calver and the best heifer price was £9 10s. The demand was practically confined, to good sorts near profit.

Fat Pigs—There was an exceptionally heavy entry of porkers, and the market eased 2s a head except for heavyweights, which remained fully on a par with the rates of last week. Choppers showed very little change. The baconer sale was spirited throughout, and all classes showed an advance, particularly heavy-weights, which fully recovered last week’s drop of 5s a head. Choppers made £2 8s 6d to £2 18s 6d, light porkers £1 8s 6d to £1 16s 6d, medium £1 17s 6d to £2 2s 6d, large £2 5s 6d to £2 9s 6d, extra heavy £2 11s 6d to £2 15s 6d (average price 6£d to 6£d); baconers, light £2 14s 6d to £3 7s 6d, heavy £3 10s 6d to £4 19s 6d (average price 6£d to 6£d). Store Pigs—There was an exceptionally heavy entry, but the sale was a good one. Medium weaners, however, were easier by 2s to 3s a head. Large stores were again keenly sought after. Small weaners made 6s 6d to 8s 6d, good 10s to 13s, slips 15s 6d to 17s 6d, small stores 18s to 20s, medium 21s to 255, large 26s to 30s.

The Ashburton County Sales. The sales made at the Addington stock market yesterday on account of Ashburton County clients were: — Fat Wethers —On account of G. B. Murdoch (Mayfield), 1 at 43s Id ; G. H. Lamb (Valetta), 2 at 36s to 45s ; It. J. Gallie (Hinds), 12 at 33s 4d to 37s 7d; Mrs S. M. J. Milne i(Mount Hutt), 11 at 26s lOd ; J. H. Paterson (Ruapuna), 23 at 38s lOd to 42s lOd; J. It. Simpson (Maronan), 43 at 28s 4d to 39s lOd; M. Wilson (Ruapuna), 55 at 34s lQd to 37s lOd; S. Cross (Newdands), 9 at 36s 7d; G. Morris (Rakaia), 124 at 31s lOd to 34s lOd ; W T . W. Carruthers (Dorie), 32 at 34s 4d to 34s lOd ; H. Doak (Seafield), 35 at 30s 4d to 33s 7d; G. Murray (Ealing), 96 at 26s 7d to 29s 4d ; R. H. Magson (Rakaia), 44 at 35s lOd to 37s lOd; S. G. Holmes (Methven), 59 at 34s 4d to 37s lOd; estate W. F. Magson (Rakaia), 14 at 36s 7d to 37s 4d; F. B. Magson (Rakaia), 58 at 35s lOd to 37s Id; Ashburton client, 23 at

36s Id to 43s 7d; S. Cox (Lyndhurst), 58 at 30s 4d to 39s 4d; McDonald Bros. (Methveu), 8 at 43s lOd to 44s Id; D. Johnston (Ruapuna), 20 at 32s id to 39s 4d; B. R. Chambers (Winchmore), 53 at 27s Id to 34s Id. Fat Ewes—On account of S. Cross (Newlands), 16 at 26s lOd to 29s 4d; R. D. Miller (Mount Hutt), 60 at 25s lOd to 29s Id; J. H. Muirhead (Lagmhdr), 30 at 26s 4d to 29s Id; J. H. Paterson (Ruapuna), 37 at 23s 7d to 28s 7d; H. Doak (Seafield), 27 at 22s Id to 28s Id; It. J. Love (Ealing), 60 at 23s Id to 27s lOd; J. Withell (Ealing), 60 at 24s 4d to 26s lOd ; G. Morris (Rakaia), 28 at 23s lOd to 26s Id; W. W. Carruthers (Dorie), 21 at 25s Id to 28s Id; J. and E. Baxter (Dorie), 4 at 26s lOd; H. Lamb (Valetta), 9 at 29s 4d to 32s 4d • G. H. Lamb (Valetta), Bat 30s 7d to 31s 7d; R. J. Gallie (Hinds), 43 at 27s 4d to 31s Id; G. B. Murdoch (Mayfield), 80 at 22s lOd to 29s 7d; R. F. Smith (Mount Hutt), 23 at 25s 7d to 28s lOd; W. J. Baxter (Rakaia), 35 at 20s lOd to 23s 4d; J. IT. Muirhead (Lagmhor), 30 22s lOd to 25s 7d; Moore Bros, (Seafield), 58 at 29s Id to 34s Id; J. Gardner (Rakaia), 135 at 21s 4d to 26s 7d ; J. Campbell (Methven), 66 at 25s Id to 34s 4d; H. Morris (Winchmor.e), 53 at 28s 4d to 33s 4d; J. C. Irwin KRakaia), 49 at 26s 4d to 81s Id: R. E. Limbrick (Methven), 29 at 22s Id to 26s 4d; Stewart’s Estate 4d.

Fat Hoggets —On account of Master R. M. Irwin (Rakaia), 1 at 34s id; J. and E. Baxter (Dorie), 11 at 27s 4d. Cattle—On account of McDonald Bros. (Methven), steer at £ls 17s 6d.

BURNSIDE.

DUNEDIN, July 28

The yarding of 253 fat cattle at the Burnside stock sale to-day consisted mainly of poor quality sorts, only, a few good descriptions being offered. All first-class stock offered sold 'well. Prime bullocks made to £l6 16s 6d, medium £ll 12s 6d to £l3 17s 6d, light down to £7 7s 6d; extra prime cows and heifers made to £ll 16s 6d, prime to £lO 7s 6d, medium £6 2s 6d to £7 12s 6d, and light and unfinished £3 7s 6d to £5 12s 6d. In the store cattle section well-bred steers met with a ready sale, and good fresh empty young cows were also eagerly sought. The entry of dairy cows was poor, and again only spring calvers were wanted.

The large yarding of 1987 fat sheep included about 3QO hoggets. All descriptions were easier. Extra prime heavy wethers brought from 46s 6d to 51s, prime 37s to 435, medium 32s 6d to 365, light and unfinished 27s 6d to 31s; extra prime heavy ewes brought to 36s 6d, prime 29s to 325, medium 23s to 27s 6d, light and unfinished 14s to 21s; extra prime hoggets 31s, prime 23s to 26s 6d, and lighter sorts 13s to 19s.

In the fat pig section, both baconers and porkers were in short supply and met with a keen sale. Baconers were worth 30s to £5, and porkers £2 10s to £3 13s.

THE SHARE MARKET The following sales were made on the Christchurch Stock Exchange yesterday :—- LISTED STOCKS.

UNLISTED STOCK

Sales on ’Change.

50 Grey River (5s paid) 0 5 2

Sale Reported.

100 McKenzies Department Stores 4 2 9

Sales on ’Change. £ s. d 100 Goldsbrougli, Mort ... 1 15 11 100 N.Z. Guarantee Corpn. 0 5 0 400 N.Z. Refrig. (10s pd.) (4) 0 9 0 100 Oarnaru Woollens 0 19 0 200 N.Z. Breweries (cont.) (2) 1 14 6 50 Tooth’s Brewery 2 14 6 250 Broken Hill Propty. 4 4 6 4 4 3 4 4 2 4 4 0 4 3 0 250 Electro. Zinc (pref., cum div.) 2 18 8 (2) 2 18 7 2 18 5 2 18 6 100 Electro. Zinc (ord., cum div.) 2 17 8 225 G. J. Coles ... 5 11 0 (4) 5 10 0 100 Hume Pipe (Aust.) ... 1 0 5 100 Taranaki Oilfields 0 4 10 200 Broken Hill South (3) 2 7 9 200 Mount Lyell ... (2) 2 2 8 800 Mount Morgan 0 11 2 (4) 0 11 2* 0 11 2 100 North Broken Hill (2) 3 15 0 Sales Reported. 5 Bank df New South Wales 34 10 0 200 National Insurance (2) 0 18 0 200 N.Z. Refrig. (10s pd.) (2) ~0 9 8 150 Broken Hill Propty. (late sale, Tuesday) 4 5 0 50 Broken Hill Propty. ... 4 5 0 3 Colonial Sugar 47 7 •6 50 Electro. Zinc (pi'ef.) ... 2 18 10 100 Hume Pipe (Aust.) ... 1 0 5 50 Woohvorths (N.Z., rights) 4 6 0 50 Broken Hill South ... 2 7 9