PRODUCE MARKET

Evening Post, Volume XC, Issue 16, 19 July 1915, Page 8

PRODUCE MARKET

HIGH COMMISSIONER'S CABLED REPORT. , The Department of Agriculture, Industries, Commerce has received the following cablegram from the High Commissioner for New Zealand, dated London, 17th July. (Quotations, .unless otherwise specified, are average market prices on spot.) Meat^There has been no material change in market conditions during last week. Mutton — There is a good demand, but prices are firm owing to short supply. Canterbury, 7jd per Id for best quality light weight; North Island, 7£d for light weight ; owes, 6 9-16 d. Lamb — A fair demand continue*, especially for light weight, even if quality is poor. Canterbury, two's, Bid per lb ; heavy weight, a moderate supply, Bid ; second grade, Bid for light weight ; other than Canterbury, B|d for light weight. Beef— Prime New Zealand beef cannot be quoted. Chilled hinds, Bid per lb; fores, 7&d. . * Butter. — The_ market is firm, and good qualities are in demand, but there is a poor demand for inferior quality. Danish, very slow, on account of 1 high price, 157 ito 160s per owt; Australian, very little offering, 138s to 140s j Irish creamery, 140s' to 1445 ; Siberian, a good demand for finest, 128s to 1325; Argentine, 142 ato 144b. Cheese — The market remains very depressed. Prices have declined vory considerably, and transactions in oheeee are very limited. Canadian, weak market, 78a to 84s per cwt; English.' Cheddar, quiet, 98s to 102s; New Zealand, in mod* crate demand, white and coloured, 82s to 84s; Australian, dull, 78s to 80s; United States, dull, 76s to 82s, a«oording to quaiity and size. Hemp— The market is very quiet, and there is nothing doing. New Zealand good-fair grade, per ton, £31 10s; fajr, £29 10s. Forward shipments Good-fair, £31 ; fair, £29. Manila, new graded, fair, £36 10s, medium, £32. The output from Manila for tho week was 17,000 bales. Hops— The market . is firm, with upward teudenoy. English, per owt, 100s to 120s; Californian, 85s to 105s. Wheat — The market is firm owing to reports concerning unfavourable weather in America. July to August shipment : Canadian, 55s per quarter; American, 495. Oats— The market is very quiet. Argentine, July to August, 24s 6d.