CANTERBURY MARKETS.

Press, Volume LXVII, Issue 20180, 7 March 1931, Page 12

CANTERBURY MARKETS.

POSITION GENERALLY EASIER. (BY OTJB COMMBRCIAi, EDITOB.) V Friday Evening. There his been a slight firming in ' the price of fowl wheat since the last report. To-day' the quotation for prompt delivery is 4s lid f.ob. s.e., for April-September delivery, 5s Id f.0.b., s.e., and for June-December delivery 6s lid f.ob.. s.e. There is a fair" amount of business passing at present. For milling wheat there is no change.. The quotation for the best Tuscan is ds 3d on trucks and for inferior quality Jiries correspondingly .lower, Oats and Chaff. There is some movement in the oats market, which has weakened. A Gartons are quoted at 2s 8d a bushel, f.ob., s. i., and B's at 2s 6d. These prices are the equivalent of Is lid on trucks for B's and 2s Id for. A'a. There are a few orders coming to hand for small prompt lots. There is no demand for Algerians, which are quoted at Is lOd to Is lid a bushel on trucks. Chaff is worth £2 15s a ton on trucks, which is the equivalent of the f.0.b., s.i. quotation of £4 ss.' Potatoes. The potato market is also a little easier this week. The quotation for April-May-Jane delivery to-day is £4 2s 6d, a ton f.0.b., s.i.—equal to £8 to. £8 2s 6d a ton on trucks. For July-August-September delivery the quotation is £4 12s 6d a ton, fo.b., Sl jn the small seeds market there is no change to report, and little business is being done with the North Island. Quotations. - The following* are quotations for produce to be paid to . farmers, on trucks, free of commission, sacks extra, except where otherwise stated Wheat (new season's: nominalTuscan to 5s 3d on trucks. Fowl wheat 5s Id to 5s lid, spread delivery: 4s lid, f.0.b., 5.0., prompt delivery. Oats (new season's) —Algerians 1s 10d to Is lid. A Gartons 2s Id, B's ,1s lid. ' , 1 Barley—Cape 2s 9<l /to 3s, malting: 4s. Potatoes (new season's) —£2 to £3 2s 6d. Onions (new season's) —£4 "10s to £4 15s. " ■ ■■ • • - . _ Chaff—£2 15s. . • Red Clover—4d per lb (nominal). White Clover—7d to 9d. Perennial Ryegrass—2s 6d. , Italian Ryegrass—2s. . ' Cocksfoot—Akaroa 3d to 3}d, Plains 2jd to 3d. Bran—Local, £5 10s a ton f.0.b,; shipping, £4 10s a ton, f.0.b.; 10s extra for smaller packings. Pollard—Local £6 5S a ton, f.0.b.; shipping, £4 15s-a -ton, f.0.b.; 10s extra for smaller packings. ' Flour—Wholesale price, £l6 15s a ton for 2001b sacks, with the usual increments for smaller packings. ASHBURTON MARKET. - Very ' litite business hss -been 'recorded during4he last iWeek/*s millers have stopped buying*;forther supplies4of .wheat in the mesntime. > . ". a considerable Quantity of shrivelled wheat > is b&ing offered,' and this ia very' difficult: to dispose of. , . . , - > ■ Th« Otttotand.watib* trf the. week hals been the easing.-in : fye.-J>rLee of forward potatoes. Sellera ar* How offering these at 7a fld per ton less tIIMT the quotation a*week ago, but most merchaptspreler to wait flntll the actual potatoes are ready before operating. Westerri Wbltlfs And Italiatr are 1 still veifr dull of Bale, but good lines' of perennial are in demand. The following are quotation! to he paid to farmer* on truclcs, country stations:— Wheat—Tuscan, good milling, 6s to fis 2d; HuntSrrf;' fis Zd to ss' Sd; Velvit, Ss 8d io 5s 6d;' fowl wheat '4s to- -4s '6d,' seconds • Bs. ■ • , • •-» >•. . Qats —A, Gartons 2s 2d, B grade 2s, Algerians l»9d tolslQd,dark Duns 2a 3d per bushbl.' " - GtrSas'Seeds—Perennial Bs, Western VTotths andltalian ls-9d to 2s,>red clover/ 6d, white -clover fld. to 7d, cocksfoot.2d to 84. £2 15s. ■ ' i and Bskotas; £2 10s to £2 15s. , , DUNEDIK. ' [THE P&E8B Special Service.] . March S. ] - 'Tarmers in,'otsgO have made a start .with' tho" harvesting of -wheat, and in Central' . Otago,particularly the general. Tht' quality is mi*ed,' and a fair.-proportion Is - not in gobd .enough condition, tomeet millers'*. ; requirements. Quotations from. Canterbury -for milling'wheat have.eased somewhat.-dur-ing .the past w»ek or so, and soma' growers.' .are offering lines-at lower figures' than those fixed' -by tbe-rooj. Dnnedin merchants , '"are; not showing a .great deal of interest Ist the .fowl wheat market, and are satisfied to con-fine-their operations to_a hand-to-mouth basis. Sales, are being made at 5s 9d to 6s' per - bushel ex store. .. ' ' Canterbury- merchants are stilt .quoting oats for forward delivery at low figures, .-The current quotation: for A Gairtons .is .2*: aid f.0.b., s,i., this price being equivalent- tp about Ss on trucks, country sidings, .sacks, "supplies ■ of prime chaff are on'the-light -side. Ssles are being made at-£5 per ton, sacks extra, ex trick.; ' ' ' • The'potato .'market js steadily Weakening. The price to-day for very best quality ton lots is' round about £6. . • | .■ 1 y : J I V ' tl 1 " 6 | PEILDING STOCK SALB. (tbsss usocusioir T«rsa*AU.) FEILDIN6, March «. j There was-an optimlstlotone at to-day's stock sale, when prices ior fat sheep and iambs advanced by.2s per head. Breeding ewes sold readily. . Cattle, however, wete d wif'lamb's'sold up to IDs, fat wethers to'-12s, .fat p-wes to 6s Bd, two-tooth, ewes to 16s od, four-tooth to 10s 4d, six-tooth to 9s Bd, #m r-vear t6 9s Id, five-year to 7s 10d, b.f. rape &s to 7s 9d, ewe lambs'-to 7s id. Fat heifers sold up to £5 18s, store cows to £3 steers to X 3 Ss, and dairy cows i springing, to 49 ss. METHVEN STOCK SALE. I '' 'The fortnightly stock; sale was held in the Methven saleyards on Thursday, when there I was a fair attendance of buyers.- The iprineipal sales were:—7s f*t laAbs at lis lid, i's6 at 9s 10d, SO fat ewes at ,65,. 112 .rape lambs at 8s 7d, 74 mixed sex three-quarter-bred lambs at 8s Bd, 190 rape lambs at 8S i xoi, 150 - three-quarterbred ; mixed - sex .tombs at 9s 2d, 18 fat-ewes at 6s 2d, 8 fat wethers at 6s'9d, IS fat ewes at 6s, "102 three-quarter-bred rape. lambs at :9s 2d, :102 Southdown cross rape ; lambs at 9s Id, 174 failing-mouth ' halfbred ewes:at '2s",-. 196 mixed, sex lambs at' 5s Id, 170 mixed aex : three-quarterbred lambs at-8s 2d. - Figs—Two weaners at 18s, 2 at 16s (Jd, <*2 at 15s 6d, 7 at 14s, .2 at 12s 6d) 4 at 10s 6d. OXFORD MARKET. j .. i— » ■ , | i i There was an try of 1700 fat lambs i and about. 250 fat ewes at the Oxford sale | on Thursday. Best fat lambs sold,from, lit to-18s 6d, light weights. up .to 9s 6d. ''Pat - J ewe& : made from-:8s 6dv to 4sr6d. The entry of store lambE was' over 800. Beßt lambs i -made from Vs 2d to 9s lOd. - Store ewes ] sold from 6d to 8s 9d. Osttle and pigs .sola at ruling rates, 1 CALL MONEY. (CKUSB FBSSS A.SSOCIA.TIOK—Bt BUCTBIC ' tbusoiubh—coraUGHT.); , ' " (Received" March ,6th, 7.80 p.m.) ' SEW YORK,, March' 6. , ' The lowest call-money'renewal rate' was | 1J i>^i-" cent.,' and the, 1 highest 3 per cent.,] at which price the market closed. i* t , / 1 * rU. -

r'.-i'o ' V", - ,'w, U. *i; | YESTERDAY'S i Iv/ t I ' CHRtBTCKURCH. I Sale . '* . j ■. , ■ -.>'•;••••£ a. a.Commercial "Baak,- of Australia J. ... 015 8 0 Iff 0 Goldsbrough, .Mart ■ -,l\ 1 6 Weetport Coal i... • v.-. 1 4 0; I New Zealand Breweries ...', 1,17 4' j 117 5 Tooths Brewery. 116 Beath and Co* • I*o 6 1 "British Tobacco (4) 110 0 Mt. J/jrell' 1 ... 114 112 (4) ' 1 1 1 ifing Solottton .... ... Olll" o a ioj ! Mahakipawa ... (fl) 00 6 I Salw Reported— • " *' • t "S-' New Zealand 1 Government 4} per cent. Biscr., 1988 ... :,i'M T,« i New Zealand Government 'sl per cent.- liuor., 1936 ; J., ... 9810 0 Commercial Bank of 1 Aus- >• tralia .... , Bank of New Zealand ... 2 8 6 Troths Brewery i . 11 6 AUCKLAND, t&IM on 'Ofaange—- £ *, d. Government Bonds, , 1966 ', 6it per cent* ... 99 0 0 Commercial Bank of Aust. 016 0 016 2 { Bank of New Zealand (2) 2. 8 9 . Bank of South Wales 27 0 0 Auckland Gas (con.) ... 016 9 New Zealand Breweries ... 117 6 Waihi Mining ... ... 015 7 Mount Lyell ... ••• 11 4 Mahakipawa ■ ••• ' o'o 6 ; WELLINGTON. Sales Reported— , £ m. a. New Zealand" Government' 6 p.o. Stock, 1931 .... 100 0 0 New Zealand Government ■' 1 5 per cent. Bonds, 1987 94 15 0Bank of New Zealand (2) 2,86 South British Insurance 2 12 6; New Zealand Refrigerating Co. (10s) ... ... 0 2.5J 0 2 5 DUNBDIN. Sale Reported—- £ •s. d. King' Solomon Mine ... 0 ,1' 10£ RANGIORA HORSE SALE, ' „ More than usual inter*,st was taken at Raogiora in the monthly horse tele yesterday on aoeount- oi the largeehtry of un.broken draught*, which included 20 four and five-year-olds from St. James' Station, and 20 three tosix-y ear-old half to full draught* from Molesworth Station. .There was .also a large entry of broken-in draughts, making a, total- of' 120, which ia the lar*est entry for these yards for some time. There Vas a very largo attendance, ana ■good draughts were in fair 1 demand. Prieea showed an improvement on recent sale*. Best five to seven-year-old draughts made from £3o' to £B6 10s,'two extara good five-year-old gelding* broken to all' work made £39 and £4l, medium draughts made from iITJWs to £23, inferior &B 10s to £l* 10s, ■ aged ' draught's from £B, XOs to ; £l2, unbroken three■ and .four-year-old geldings, beat from £l7 10s to £3B 10s, extra good draughts £2O, light draughts from £T to £l4, inferior £8 10a to' £5, three, four, .and flre-year-oldunbroken fillies, hest £BS to £BO, lighter sorts £ll to ,£IS, inferior draughts £# to £lp 10s, yearling colt £2O, mare and foal £Zp., SILVER. (BRITISH OryiCIAI, W1BBUB8S.) ; RTTOBT, Match S. ' , Silver is quoted as follows:—Spot forward IS* 15-lfld.

mat i. j:ii '»" nil i,;is ' •; nitosPECT ■- INEGOTIATIONS. . .' i ' * i - t : * • ; » ' !.V \ tfjV'7 " (ram> vsus issoawio*—** 'XLXcraic «Mu<nunk~«oniu»».) ' ■ . ,»,f. „>>, j., !I, .J« { |, f , (Received HaTeh 6th,10.50 ; ;^,ai.) YANCOUYEE,. March 0,, ,* The Oanadian Goverament hears wifeh; - somg regret the tecriminatioiu . flrom < 1 New Zealand that it' is making no, trade]" progress with Cauada. 1 \ ' The Canadian-Australian tr 'be published when introduced f simulk taneoaily in the- twd Parliaments. - . ■- 'lt isiearned herethatthereara to be new n&gotiatio&s with, New Zealand lor a specific agreement. The Canadian Gov- . ernment, however, laeea = considerable. ' difficulty in promoting mutual trade : with' Kew,,.ZeMand -when-' the main .product of .that Dominion'ha% tu be aub-;. a high, if 'not a prohibitive,"! uty. 11 t - f ' . >\*v " ' J >" >i, ' T | 'ij f , ~- V ' DAIRY PRODUCE. LONDON QUOTATIONS. ;V frwiTKD rues' ABiiocHTioM^lf' cLiczaic * \ xiutCHUOTt—COIPTBIfItHT) > " <• i S MaraJn S, t | The butter market is easier, and the' < chetae firm. < Quotatidna ' \ \c" ,' k ' ; 1 ' BTOBBlt!., V,j"/Jil jv * Choicest Sailed—' ' ' Danish 1 ;138a to 140 a New Zealakd wto 128s , ' Australian .. \. 196s to lS2s \ ■, Unsalteds— <% New Zealand .. 198s to U3s Aurtralisn .. ~ 199b to 126s ' csraasß. -' r• ' * Kow Zealand-. • r- -White '- .. , w - - ' V.' £7« to .< ■ Coloured .. .. .. C9s to 60s A w!r- .. ■ . Coloured' .. Sds^ -. ;»ad Company,' Ltd.,. Sum; received ®, ! 0 "Wing cablegram from, Samel Page and' Son. Ijondon,. dated March 6th <• 1 , ® ut t«r—Market quiet, i Danish 138s tot 1425; finest New Zealand,. 120s to 122»;1 *»«•' Australian, unsalted ia2s -to 1265, suited ; 180»,to 1225, g.a.q. 114s to 118s. x ' __ —Market steady at present prices. , (juoutions: Kew Zealand, white • sflg«toTs7s,coloured 68s to 60s; Canadian, apot, white s«d .coloured, 70s to 78sj Australian, white 'sss to . ' * ««loiir«d 68s to 59«: • " Mortgage »nd Agency Com-.. , ? New.Zealand, -Ltd., have, received the 1 following cablegram , from '.their, principals, ' A -J- Mills »nd Ool,'Ltd;, London:— • i i New Zealand,' £nest 122 ®" flnest unialted 136s- to 1284, SSSL"OS to a4Ss*i Australian, 'l2os to 1225. " >•" flaiet. ' New Zealand, white Msto BJs, coloured 68s to 80s; Oana*2 d coloured 72s to Ws. ,':Conti-' aental demand ;slow k j * 'B. Psiters&n end.' Co., 1 Ltd.,' have:':rrot'mS? 'following Cijblegram from their' w?d c" t#tlVe8 ' J * * ad 3 ' market steady: ' Oonti- ' fan] + et Vfr?*' • lAOsj W ZeanS* « w oheeac—Market steady. , More enquiry. 1 'to 6®s 1 - colo P ire4 cheese CBs NEW ZEALAND (DRUG CO, ', ( . ; , '' (raasa , usocutiok mmfn j i .. V t . DtTNEDIN, March 6. , °L the of V» w 1 New Zea l»od Drug Odm»W this afteraoev, -a, dividend of 8» ®er , mended, making 10 per cent for the jyear. » , , « 1 h \! "* 1 year v«re 4| p«r . TJf-in * nly *° d oi.per <;ent. in March, mak*ii P'r the year, 7 the saiw'totel' as for the year just closed. This dlstribution'has. betuxmade regularly .for someyeAra.'The net profit on. the preceding yeaVs smera*'* tioas waa -,£68,409. Thd ' as Janu.rr 81st, 1930, stood V