COLONIAL AND OTHER PRODUCE.

Press, Volume LXV, Issue 13597, 4 December 1909, Page 11

COLONIAL AND OTHER PRODUCE.

Wheat—The market is quiet. Sellers are firm. .Exporting countries are not offering freely except Russia, but buyers are inactive in the face of favourable reports from the Argentine, Australia and India, and continued large world's shipments. .South Australian November shipment is offering at 41s, and a steamer shipment, De-cember-January, at 39s 3d, and Janu-ary-February at 395. Sailers DecemberJanuary are quoted at 38s 3d, Janu-ary-February-March, 38s. Australian on spot in small compass is held for 43s (id to 445.

New Zealand is almost exhausted at 39s to 39s 6d.

Flour on the spot is nominally unchanged. Buyers are asking 2(3s 6d to 27s for patent sorts, January-February shipment. Butter —The market is easier owing to large arrivals and prospective heavy supplies, but there is a steady demand for choicest colonial, which is clearing well. Australian salted 112s, unsalted 114s, secondaries 104s to 108s, choicest New Zealand 116s, Danish 124s to 12Gs. Stored Australian and New Zealand >s practically cleared. Sugar is firm. German 12s 9d, first marks 14s Bd.

The Bradford wool market is dull, and unchanged.

METALS. Iron, 50s 3d. Spelter, £23

Messrs Dalgety ami Company, Ltd., Christchureli, have received the following cablegram from their London office, dated December Ist:—''Since our last cable tallow in general is 3d lower; 1190 casks were offered at auction, and 417 sold." Dated December 2nd:— "Wool sales closed firm and active, with brisk competition. As compared with last sale's closing rates, prices of tnerino wools are par to 5 per cent, lower, except wools in heavy condition, which are fully 5 per cent, lower; >a change, if any, in fine end medium qualities of greasy crcssbred wools, is in sellers' favour. Slipes, coarse greasy crossbred wools, and scoured crossbred Hvools, 5 per cent, higher. Total net quantity available amounted to 100,00f> bales, of which 47,000 bales sold for Home consumption, and 48,500 bales to the Continent, leaving 4500 bales to be carried forward. Frozen meat market unchanged."