COMMERCIAL

Ashburton Guardian, Volume 70, Issue 117, 2 March 1950, Page 7

COMMERCIAL

GRAIN AND PRODUCE

RECORD PRICE FOR COCKSFOOT A brisk week is reported on the local grain, seed and produce market. Most areas of wheat have now been headed and millers are still keen buyers of all lines. The market for oats remains quiet, very little interest being taken in this commodity in the meantime. Some good yields of barley have been reported, and this crop has proved Remunerative to many growers. The market for Partridge peas has eased further, as overseas inquiry is now at a standstill. The market for lupins still remains quiet and merchants are displaying, no anxiety to purchase at present prices.

Linseed crops are now being headed, and variable yields are reported. Owing to the lack of export orders, the market for ryegrass is a shade quietei’. The demand for white clover still remains good, but cowgrass is neglected. Owing to the small harvest of cocksfoot, prices for this seed are the highest on record, but prices are restricting the use of this seed in pasture mixture. Othei; 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, 8s lid, Velvet 9s Id, Marquis 9s 3d, all f.o.b. (less Sd»a bushel insurance); Hilgendorf 9s 9d. Oats —“A” Gartons (?s a bushel, “B” grade 4s 9d (nominal), Algerians 4s to 4s 9cl undergrade 4s Gd, Duns 5s Gd to 6s, according to quality. Barley—Chevalier Gs 7d, Cape and research- Gs 4d a bushel.

Grass-seed —Mother perennial, 19s a bushel; certified permanent pasture, 18s; certified mother H, 19s; standard, 17s Gd; certified Italian mother, 13s; standard, 13s; uncertified, 11s. 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 Gd per bushel contract (No. l’s). Lupins—lls to 12s a bushel. Chaff—G.B.O.S. £7 a ton. Egg Prices

Buying price for eggs this week is 3s Id plus 7!d subsidy per dozen, and the retail price 3s 4d.

STOCKS AND SHARES The following transactions were recorded on the Christchurch Stock Exchange yesterday:— Sales on ’Change—Stock, 19G0-G3 3 per cent., £IOO ss; Commercial Bank, 27s Gd; G. J. Coles, 25s 3d (2); Macduffs, 12s (3); Woolworths (Syd.), 265; Mount Morgan, 17s Gd (2). Sales reported: Wright, Stephenson, 525; Hays Ltd., 72s Gd (5); Reid (N.Z.) Rubber, lGs; Regent Theatre, 10s Gd.

ADDINGTON MARKET ALL CLASSES OF SHEEP DEARER (P.A.) CHRISTCHURCH, Mar. 1. Values for all classes of sheep increased at Addington to-day. In the store sheep section there was an entry of 27,871, including 81536 lambs, 2099 two-tooth ewes, 16,908 aged ewes and 32S wethers. . The best of the lambs were Is to Is 6d dearer and plain sorts were fully firm to a shade dearer. Best ewe lambs made to 435, best wether lambs 31s to 395, good from 26s to 30s, and others down to 20s 6d. In the two-tooth class after the sale settled down prices were 5s and in cases 8s and 10s higher than last week and fully up to the good rates ruling at the Tinwald ewe fair on Tuesday. Best ewes made 62s 6d to 725, good 52s to 61s, medium 43s to 51s ,and small and backward doivn to 355. Adult ewes also sold at up to the price levels of the ewe fairs and 2s 6d to 3s better than at the last Addington sale. Best four-year ewes made 46s to 535, good 37s to 455, best sound mouth 35s to 48s, good 28s to 345, and others down to 15s. There were 1629 fat lambs compared with 1621 last week. With the supply less than the requirements of butchers and a new increase in the freezing schedule, values moved up to Is to 2s for best and up to Is for others. Best made 51s to 67s Id, good 43s to 50s, and medium and light 34s to 425. Ashburton sales were: IT. C. Harrison (Rakaia), 21 at 55s 7d to 67s Id. The fat sheep yarding was only 3500, following 4,400 last week. Because of the shortness of the yarding, values rose sharply. Ewes were 2s to 4s dearer and wether 2s 6d to 5s higher. Extra prime heavy wethers made to 75s Id, prime 48s to 555, medium 41s to 465, and ordinary and light 32s to 40s. Extra prime ewes sold to 53s Id, prime 32s to 38s, medium 28s to 31s 6d, and ordinary and light 20s to 275. A. W. Taylor (Methven), 122 wethers at 68s Id to 75s Id; E. E. Oakley (Rakaia), 62 ewes at 38s 7d to 43s 7d; A. Milne (Metliven), 22 hoggets at 51s Id to 60s Id; T. A. Richards (Dorie), 21. ewes at 36s Id to 40s Id; C. IT. Davidgbn (Rakaia), 27 ewes at 25s to 35s Id, 1 hogget at 58s Id; L. A. Watson (Methven), 38 hoggets at 54s Id to 62s Id, 53 wethers at 54s Id to 6Ss Id. The entry of fat cattle was 447 against 448 the previous week. With the supply under the demand, best beef was fully 20s to 30s dearer, and plain steers and heifers were fully firm. Medium and inferior cows were hard to sell. Best beef made 80s to Sss, good to 655, medium 52s 6d, best cow to 60s and secondary cow 36s 6d to 42s 6d per 1001 b. Extra prime steers sold to £33 12s 6d, prime £25 to £3O, medium £ls to £24, and ordinary and light £9 to £l4. Extra prime heifers made to £25 12s 6d, prime £l3 to £2O, and ordinary and light £6 to £l2. Extra primfe cows sold to £2l 17s 6d, prime £lO to £ls, and ordinary and plain £5 to £9 10s. In the porker section prices were uj!) 4s to ss. Choppers were easier by about £1 a head. Baconers were 4s to 5s dearer. Light porkers made £3 19s 6d to £4 14s 6d, medium £4 19s 6d to £5 12s Od, heavy £5 14s 6d to £6 4s 6d, choppers £5 11s to £S 3s 6d, light baconers £6 12s Od to £7 Is 6d, medium £7 4s 6d to-£7 12s 6d, and heavy £7 14s to £8 6s 6d (average price per lb lid to 12d).