COMMERCIAL NEWS

Ashburton Guardian, Volume 57, Issue 252, 5 August 1937, Page 9

COMMERCIAL NEWS

GRAIN AND PRODUCE. THE ASHBURTON MARKET. Ashburton grain, seed and produce merchants report a fairly brisk week on the local market. An increment of one half-penny a bushel has been added to the price of milling wheat from the first of the month, but very few lines have come forward at the increased .rate. Fowl wheat is still in good demand, and orders are difficult to fill. The oat market is quiet and few lines are offering. Garton oats suitable for seed are in demand. There was a. further North Island inquiry for potatoes during the week, and values have firmed. White potatoes have not advanced to the same extent, the demand having chiefly been for Dakotas. ' Inquiries are now coming to hand for machine-dressed lines of clovers and grass seed for the spring trade. The following are prices to be paid to growers, free of commission, on trucks, at country stations, sacks extra: — Wheat —Milling Tuscan 5s 4sd, Hunters 5s Pearl and Velvet 5s BJd (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 IGd. Algerians 2s 9d to 3s, Duns 2s 6d to 3s 6d, according to quality. Grass Seeds—Perennial, Italian» and Western Wolths 2s 9d to 3s a bushel, cocksfoot 7d to a lb, red clover 6d to 7d a lb, white clover Sd and 9d lb. Oatsheaf Chaff Good, bright oatsheaf £4 a, ton. Partridge Peas—No. 1 grade 6s, f.a.q. 4s 6d a bushel. Potatoes—Whites £5 ss, Dakotas £6, for prompt delivery. SOUTH CNATERBURY MARKET. TIMARU, This Day. There is little activity in the South Canterbury grain, seed and produce markets this week. Wheat Milling is practically all cleaned up. Tuscan 5s 4fd f.0.b., Hunters 5s 6£d f.o.b, Velvet 5s B£d f.o.b. Fowl Wheat—There is a good demand for fowl wheat. The quotation is 5s- 6d a bushel, f.o.b. Oats—A and B Gartons are neglected, while there is no demand for Algerians. Farmers’ dressed lines of Duns have practically all been absorbed. A Gartons are worth 3s 3d a bushel on trucks, B Gartons 3s a bushel on trucks, Algerians 2s 9d a bushel on trucks, and Duns 3s 9d a bushel on trucks. Partridge Peas—The quotation for No. 1 Partridge peas is 5s a bushel on trades. Barley—Chevalier and Cape are m short supply. Chevalier is quoted at 4s 9d a bushel on trucks, and Cape at 4s 4d a bushel on trucks. Chaff—G.b.o.s. is quoted at £4 a ton on tracks. Potatoes —Tubers are inclined to harden as very few are offering from growers, and although fair quantities are held in store these are not being released. Although the North Island market is over-supplied at present, some of the other ports are inquiring and the market has taken a new lease of life. Whites, £5 10s a ton, on trucks; Suttons, £6 5s a ton, on trucks; Dakotas, £6 12s 6d a ton, on trucks. Seeds—The market is quiet, the mam inquiry being for Montgomery clover, which is commanding a good price. Quotations are:—Canterbury ryegrass, 3s a bushel on trucks ; certified ryegrass, 8s 6d a bushel on trucks; Italian and Western Wolths, 2s 6d a bushel on tracks; cowgrass, 7d per lb; white clover, 9.d per lb; cocksfoot (Plains), 7d per lb. THE STOCK SALES. ' ADDINGTON. 9 CHRISTCHURCH, August 4. The Addington market drew a very heavy entry of fa-t cattle, a cattle show being held in conjunction with it for the first time. Store Sheep—There was a small entry and a good sale for all classes. The first ewes and lambs of the season, the ewes being *aged, made 13s 9d all counted. Spring Lambs—About 25 were offer ed and sold from 35s to 40s. Fat Sheep—Some outstanding show sheep were penned; and these made from 52s 6d to £4 12s, the latter for a pen of four. There were several intermedi ate prices, the market generally being better than that of last week by 2s to 3s a head. Show wethers brought 53s to 92s Id, .heavy prime wethers 43s to 47s Id, light, down to 275, extra prime show ewes to 51s 10d, good heavy 30s to 35s Id. ordinary down to 265. Fa.t Cattle —The entries came from various parts of the south, West Coast and a few from the North Island. Bid ding was very keen, the top figure, £56. being for a Shorthorn • bullock from Outram (Taieri). A pen of three Aberdeen Angus-Hereford cross from Spotswood (North Canterbury) sold at £36 each. In both these cases the cattle were prize winners 111 their classes Other high prices were £34 for a Wanganui bullock and from £26 down to £2O. Extra good show steers fetched up to £56, good show steers £2O to £3O, extra heavy prime £l6 10s to £lB 10s, prime heavy £l4- 15s to £l6 ss, prime medium weight £l3 los to £ls, ordinary £lO to £l2 los, show heifers to £l7 10s, good £lO to £ll ss, medium weight £7 5s to £9 ss, light and ordinary £5 5s to £7, show cows to £l3 12s 6d, good cows £8 to £9 15s, medium £5 os to £7 10s, light to £5. Vealers—There was an improved sale by 3s to 59 a head. Values were:— Best runners £6 10s to £7 18s, prime

vealers £3 12s 6d to £5 2s 6d, medium £2 17s 6d to £3 10s, small calves £1 os to £2 17s 6d. Fat Pigs—Porkers were better by 5s to 6s a bead, and baconers by 3s. Choppers brought 58s 6d to 98s 6d, show up to £ll, porkers 31s 6d to 59s 6d (average per lb 6Jd to 7id), baconers 59s 6d to £5 14s 6d (average per lb 6-Jd to 7d). Store Pigs—There was a sharp recovery in values. Weaners fetched 14s to 18s 6d, stores 24s to 335, sows in pig £3 10s to £5 2s 6d, Ashburton County Safes. The following sales were made, on behalf of Ashburton County clients at the National Week double market at Addington yesterday:— Spring Lambs—On account of E. W. Hood (Rakaia), 5 at 31s 4d to 34s 4d, 4 at 24s lOd to 27s lOd. Fat Ewes—On account of A. F. Marr (Methven), 23 at 32s 4d to 33s 7d; R. Robinson (Rakaia), 56 at 27s Id to 32s lOd; C. Chamberlain (Lyndjhurst), 65 at 24s lOd to 28s 7d; JCampbell (Metliven), 36 at 33s Id to 36s lOd; It. J. Low (Mount Hutt), 12 at 22s 4d to 27s Id; Moore Bros. (Seaview), 57 at 29s Id to 38s 4d; H. Lamb (Valetta), 54 at 34s id to 35s AQd; G. H. Lamb (Valetta), 54 at 33s 4d to 34s lOd; R. F. Smith (Mount Hutt), 21 at 25s id to 27s Id; J. H. Muirhead (Lagmhor), 7 at 39s 6d to 51s 10d; J . 'Lowery (Westerfield), 25 at 33s lOd to 37s Id; S. Cross (Newlands), 25 at 29s lOd to 32s 4d; J. H. Weaver (Rakaia), 12 at 29s Id. Fat Wethers—On account of I. S. Aicken (Methven), 77 at 28s LOd to 31s 10d; J. C. Irwin (Rakaia), 40 at 38s id to 41s 4d; J. Campbell (Methven), 22 at 32s 7d to 33s lOd; A. Wilson (Methven), 16 at 28s 7:d to 32s 4d; J. H. Muirhead (Lagmhor), 11 at 65s to 925; George Morris (Rakaia), 60 at 39s 4d to 42s 7d; W. N. Lowry (Seafield), 65 at 37s id to 41s Id; D. H. Waugh (Mount Somers), 2at 455; C. C. Holmes (Rakaia), 50 at 33s 7d to 37s lOd; Ashburton client, 63 at 28s EM to -33 s id; Mrs B. Holland (Tinwald), 24 at 31s lOd to 32s 4d. Fat Hoggets—On account of J. H. Muirhead (Ashburton), 11 at 33s 4d; J. C. Irwin (Rakaia), 20 at 32s lOd to 35s 4d. Fat Cattle—On account of J. M. Blackler (Rakaia), heifer at £9 7s 6di; J. H. Muirhead (Lagmhor), 1 steer at £l9 15s; J. Belcher (Ealing), 8 steers at £l4 10s to £l6 155.. BURNSIDE. DUNEDIN, August 4. Fat cattle were dearer at the Burnside stock sale to-day, but fat sheep were firm at last week’s rates, with an easing for poorer quality. Tire entry of fat cattle numbered 294 head. Extra prime heavy bullocks made to £l9 17s 6d, prime £l4 10s to £l6, medium £ll 15s to £l4, light and unfinished down to £8 ss; extra prime cows and heifers to £l3 7s 6d, prime £8 15s to £9 15s, medium £6 10s to £B, and light and unfinished £5 to £6 ss. A line of three-year store steers made to £8 Bs, and others were firm at late rates. In the fat sheep section there were 1964 forward. Extra prime heavy wethers made to £2 12s 6d, prime £1 16s to £2 3s, medium £1 12s to £1 15s, light £1 7s 6d to £1 11s, extra prime heavy ewes to £1 17s 3d, prime £1 8s to £1 11s, medium £1 3s to £l 7s, and light down to 14s. A medium entry of fat pigs sold well at late rates. DAIRY PRODUCE IN LONDON. (United Press Association—Copyright.) LONDON, August 3. Butter remains firm. Choicest New Zealand, salted and unsalted, are quoted at 119 s per cwt., and Australian at 118 s per cwt. THE SHARE MARKET The following sales were made on the Christchurch Stock Exchange yesterday LISTED STOCKS. Safes on ’Change.

£ s. d. 200 Goldsbrough, Mort (2) 1 15 9 700 N.Z. Refrig. (10s pd.) (4) 0 9 6 150 British Tobacco 2 9 7 2 10 0 100 Broken Hill Propty. ... 4 3 1 (2) 4 3 3 4 Colonial Sugar ... ■ 47 10 0 200 Dunlop Rubber 1 3 9 1 3 10 150 Electro. Zinc (ord., cum div.) 2 17 3 2 17 9 2 18 0 200 Electro. Zinc (pref.) (3) 2 17 9 2 17 8 125 G. J. Coles ... (3) 5 0 0 5 Woolworths (N.Z.) “rights” 4 4 9 100 Woohvorths (South Africa) 0 17 7 100 Mount Lyell ... 2 3 3 400 Mount Morgan (2) 0 12 33 (2) 0 12 2 Sales Reported. 100 National Bank of N.Z. (2) 3 0 6 100 Bank of N.Z. ... 2 4 3 400 N.Z. Breweries (contr.) (4) 1 14 7 100 Aust. Glass 4 14 6 100 G. J. Coles ... 5 0 6 100 Broken Hill Propty. ... 4 3 6 UNLISTED STOCK Sales on ’Change. 25 Woolworths (Sydney) (ord.) 0 10 0 Sales Reported. 50 McKenzies Department Stores 4 4 0