NEW ZEALAND PRODUCE IN LONDON.

Press, Volume LXVI, Issue 13746, 30 May 1910, Page 2

NEW ZEALAND PRODUCE IN LONDON.

("Weekly Press and Referee")

GRAIN. Messrs Woddel and Company say there is no stock of New Zealand wheat on hand. Enquiry for Now Zealand oats is restricted, anil prices are maintained only with difficulty. Gartons \ are quoted at C,d to 'Jls 6d. .Spariwvbills li<s 'J<l to 20s (id. Duns 18* (id t i IU?, and Danish 17s to i"s Ikl per h Recent small arrivals of p° as have nir: with' a quiet market; at the close prices are weak at from -iUs to 60s per ;jO4Hi. ADVANCE IN TALLOW In spite of the intervention of the Easter holidays, the demand for tallow has continued 'excellent, and a large business has runic about from day to «•)>-. with vpiues :tc-i'lily appreciating, so that at the public aucti.iiis yesterday, after foiirieon days' !ntor\a!, tlw (:(talon;iK-i were nraeticaUv ■.•bared and prices marked an advance of Is 'to Is lifi per cut on the fortnight. On c.i.f. terms, too. Messrs Wedck-1 and Com--1: ny mention thai si very business h.'s'heen done both afloat and for shipment. The standard qw.ilirv ~\:K\ goo<i colour mixed —has. gone in quantity at fiom M<. (id to li'y* (id, and iu;;ttou M liiim ;j(h to ;>7s iu'l- cwt. The stock in v.i'.rehouse o;i March 31st v:i< ictuni''-l at. 7471' casks (3107 tons'), being a reduction of 1-iOO casks on li»v.month. Shipments from the colonies k.r March were large —7KOO ton:;, against -J")00 ri>ns tor .Mar.li, 190!). S;>o"t quotations now are: —Mutton: (Jood to finest 3(vs ♦ o "iSs 3d per cwt. dull to fai- 3'is to :',")> (5:1. interior 33s fid to -'Ms. Heel : (in>d t.) liii.'st 3">* fid t>> :<7s. dull to fair .Us <id to 30s. inferior 33s to 33s (3d 1 er cwt. PELTS In the latest rcprtrt received from Messrs (I'ordon, Woodrnffe sind Company, it is remarked tlint, several parcels" of new season's North Island freezer sheep jK»lts have been lauded: sales have Ik-cii inr.de at prices about 2s loner than those ruling ior the closing shipments of last season sold here toward the end of la.st year. These sales b:.ve been m:;de to American ustrs. and up to the present the Home trade does not show any disposition to pi.nke purchases on the basis of the prices just lcalised. The market for English sheep pelts, suitable for splitting, remains Him, and although prices iro. in the majority of cases, not changed, the tendency is in favour of sellers. Some of the largest buyers of New Zealand slicer> pelts say they consider English descriptions better value than anything orfrring from New Zealand. Until Home buyers have been 'lttrncted to New Zealand t-kinr, it is not possible to fie! perfect ri>n»idonoo that the level of values established by recent sales in America represents a satisfactory and workable basis. in the case of New Zealand lamb pelts, none oi the new season's skins have yet airived, Hit from all present indications prices will have to rub lower than the closing rates of last season. FLAX. During March there was little change in 'the Hax market, and with a dull market business has been of small extent. Messrs Gordon, Woodroffo and ( ompany report that good fair MayJuly has sold at .£24 15s, near at hand £21 10s end a parcel afloat at £25; fair January-March at £23 los, also a spot parcel changed hands .it the satny price. Values at the close are. about the same. Manila keeps about steady, fair current being quoted at £23 c.i.f. The National Mortgage and Agency Company refer to a "very dull a.nd unintexfsting" market for hemp; only* a few transactions have taken .place during the month. Good fair May-July shipment was done at £24 15s, and afloat or near at hand .?.t £21 10s to i:2-~>. Fair, ex store. £23 15s. The market is dull ai the ckru\ and values wo nominally, good fair £24 10s, fair £23105, c.i.f., ifor-shipment. SKINS. At the last sale of hides 333.) yearlings were offered, and only 28 sold. Yearlings and c?.\f of fair quality were enquired for at lower quotations. Secondary qualities were neglected. Privately thfre is only a limited undress possible, '-t.nd the quotations asked arc not favoured by buyers. Writing of leather, the N.M. and A. Company nay that all the 160 hides offered afc the last sale wok , cleared. New Zealand bwt heavy realised 12JJ, mcoihl class Hid. horse lid, first class dnv-fcd I7:]d. second elasi do lojd per ll> Privately there is very little business to he done. Supplies are extremely short, and the few parcels mailablo have realised very high ,•; rices. Business privately in basils is quiet; nil good qualities are enquired for. but supplies arc not available. The. lower grades are still not wanted. At l«st sales 4070 were offered and 1302 sold. New Zealand b?st brought l'JJdj.. scends 12UI to l(5Jd, first greasy ]■ i>2d. second do (id. best lamb .10 Jd. sti-ond do 12;Vd s« lb. Of New Zealand rabbit pkin?. 3!. 1 ') Unices were offered and 380 sold. Tii<\'-e included a fair supply <:!' winter and good outgoing descriptions. For the ifrriers competed freely, and the N.M. and A. Corr.pany -write thr.t the better grades realised extreme prices of previous scries, while fair qualities and mixed sorts sold at relatively higher prices. Medium and low season skins were rather irregular of rale, hut most!;.' show j>n advance of Id to -<l \w lb. Small and kittens iverc unchanged. Black, silvery, and fawn .void at full prices. Quotations for Sγiv Zealand rabbit skins ar<? :—Selected wini-er 4s 6d to 7s per lb. gcod winter light-pelted 2=; Sd to 4s (>d per lb, dr.-'mixed pelted 2s to 3s 2d, fair to •rood, season Is 9d to 2s 8d p?r lb. r:*> 'nitchcrs Is 2d to 2s, black .-xnd filvery Is 3d to, 4s, fawn Is 6Jd to 3s Id. "NKW ZEALAND- MEAT. Messrs Gordon, Woouroffe and Co.. . rite that owing to the shortage- of Australian lamb, the price of New Zeaiiid mutton has advanced cwnsider- ■!■■!.'-. Stocks arc very light, and there :'s every indie.-ion that prices /•"ill continue on :: good level until 'lesvier .shipment.? come forward i' r om ■.in? oniony. Mossrs Wrddel and Co. the total arrivals for the fortnight 101.">00 carries. Canterbury ■ sheep are now available, the few selling realisiiiy alwut Ijl-ld i>er lb. Prime North Island slice.-. , nre in fair <r!en>and, hir. c:in now bi> bought c.t 4id to 4Jd. >Sc ondnry dxeoript.ions of New Zcnland mntt'T.i, as a re-ult of more plentiful sioplifts, nre offered at -l|-id. Ewes aro offered at 3£<l. GOOD DEMAND- FOR LAMB. Prime Canterbury lambs arc r<.w nioro nlentifiil. and are freely offercfl at o'd per lb for all weights. Thoro Li a fairly yeo<l <lemand for North Island r.nd secondary laniiis, which Me&ir.s Wrddel and Co. note , are ! tjmmandins relatively ns coiupaaxtl -with Canterbury brands. Some are on offer at from oi-ijd f>er lb, act-ordiiiij to quality. FROZEN BEEF. \ Su,pf)lics of chilled beef l;ave hern plf-ntifnl. iuuj values have declined. A quantity of South American i>«=<ef u.rrive'd in bad condition, and was condemned at .Siiiithfield. For frozen the demand lias been very qniei, owiny; to the heavy supplies of chillfd selling ' at under current rat«s of trozeu beef, i Tho latter, however, closes with a httle more enquiry. Of the second shipment of chille-J boot' from Australia, Messrs Weddei '. an<! Co. say it was fo:ind :o bp in only j miadltii? condition .: the consignment I has all sold at 3id per lb for forequarters, and 3J-4Jd i'or the hindquarters. _ ! Writing with irference to New Zea- ] land mc.it. the National Mortgage and i Agency Comi>any of New Ze-ilitid re- j mark frozen mutton and lamb j h*vo approciat-ed in value \ with the «>xccrtion of Cant* rbury laml\s, ivhk'h arc without alteration,

although they li.ive been higher during the past fortnight. Frozen beef has .'idvaiiced rapidly, but ban dropped a l'ttlo from the hipli values ruling at' the end of hist month. At the clwe,; cnving to more plentiful supplies, prices i-'.i lamb te.nd :n favour of buyers. Thd demand -for tha betier class lainb.s hns iurned .bnyi vs| attention to chea,i?.?r ones, oom-eyiientlv tlu> latter luive in price, while the former have remained .about stationary with rather : ( veaki'r tendent-v. The C.C. and D. Company mentions the arrival of tho Arawa with about 2.J.DOU carcases of New Zealand mutton. There is a manifest disposition on the pnrt of those, who bought forward to realise rapidly, with.the result that prices are much less firm. The quotable change, is a decline of about id per lb frr both Canterbury n»d North Island descriptions, and the movement in this direction has already checked the ; speculative enquiry for lines. " Mtire ample supply of New Zealand iMi'.bs has iV.duee;] a little weakness in prices, but the arrivals are going into consumption rapidly, with comparative ease. Canterbury inrahs are quoted at s;><l ret- lb, and North Mnmh at 5Ji;.! reprc-enting a decline of fully id per lb. American and New Zealand hivdqunvters of liecf command :i preiiiiuni over Australian brands, but forequarters are all about level. DAIRY PRODUCE. Notwithstanding the large arrivals of C'lMiial and Argentine biitti-r tfiis ■week, there bus been a strong demand, and a very large prop6rtion of.it has already }.;onc into tlirvct consumption, land as nest week's arrivals will be comparatively small, the demand v.il! liKist probably be Avell niaiutainrd for some weeks ahead. Messrs Wcddel ami Co quote New Zealand choicest at iL'i'.s to 1245, and finest at 113s to 12Cs. The ciieese market is quiet, and some holders are inclined to ease their

pri'os. The National Mortgage and Agency CV.nipany rotiort that ilifficulty wa,; expcric-iKwl in <lelivri - y of hvttrr ex s.s. Knnhine. Although iho Kt"a:ncr dneketl nn .March 24th. it h:ul not completed discharging at tho cji<l oi la-st «ei'l<. causing grout inccnvfiiiojko and annoyanco to buyers. There V.a-3 broil a t;oo<l demand, and everything is practically cleared. There has \,ven a fairly yood domajid )or N0 , .! , Zealand chee.se, but it lias been difficult to .s-!l at the top market prii-e, -uwiivj; no doubt to the marketing of .some of tho s.s. Kainara (argo at a few shilling? less than current rates.