ENGLISH PRODUCE NOTES

Evening Star, Issue 12652, 4 November 1905, Page 12

ENGLISH PRODUCE NOTES

.«■ Our London correspondent, writing on September 50. supplies the following :-- Butter.--Since my last repotr, the market has been weaker, but during the Ust. ten days a Ixlter fn-li'ig his prevailed, ami prices have now more than recovered the decline. Tlw. outlook for the u'-xt tbree weeks is decidedly strong, and a is expected values will" further rise, 'the New Zealand Ij- and M. quote: Stiit Australian choicest. 108s to 110s per cni: sa,ltless Australian choicest. 112s to 114s per ewt. Cheese. -The tone of the market is tirui. and tile consumption demand i-J gixHl. New Zealand cheese is not now leceiviug the ha me inquirv. the attitudes ;kssumed by fa.ci.iiits not having temioxl to promote busi-

Frozen Meat.—The New Zealand mutton tiade has Ix-eu extremely slow, and values of C.mtcibury descriptions are id l>er lb lower, Xorii'i Island's, beinir unchanged. Australian sheep, the quidity of wliicli marks an improvement, over k-l si-jusnu. so far have arrived in a bright condition, and ni6*r a fair sale at slightly lower rates. River Tlate which are plentiful, feel the competition of Australian, and consequently prices are easier to the extent, of per lb. Supplies of lambs are much in excess of present recruirenients. ami with, holders pressing sales, values of C.inter'bury for the period under review mark a. decrease- of id per lb. North Islands, which are in smaller supply, make very nearlv the suae prices. There are no Australian otlering at the moment.' Shipmeict.s of chilled and frozen beef from the River Plate have been plentiful, and with a very *;low trade low prices have been accepted, this week's quotations being od to and to for chilled hinds and fores, 3d to 3id and 2jd to 2id for frozen hinds and lores, ex market." 'l*hero has been but little inquiry for New Zealand, aud for the few quarters sold about late values have been obtained. The experiment of bringing 500 quarters of chilled beef by tho Tokomaru from New Zealand has proved a disastrous failure, the whole, of thj cargo arriving in a bad condition, and King condemned at ship's side. Latest quotations: Camerrrurr sheep. 3", dto 4£d; North Inland steep. ">id to 4d : Australian sheep. .lid to oid : River Plate sheep, 5.Jd to o|tl ; ewes to 3J,d jC'-anterbary lamb. 4d to 5.1 per il> : North Island Irr.mh. Id to 4Jd tall weights) : Australian lamb, none ; New Zealand beef hind?. 3J<l to ojd : fores'. 2|d to 23d per lb. Gs-'in. A t'air amount of business ha" been passing in wheat since my last advice, arrl towards the close the market has been verv .*irra Ausrraliaii wheat must be quoted fullv 3d per quarter dearer, whih* New Zealand, to i-ompete with English qualities, ha-s lieen celling at from 28s 9d to 31s pe.- 4961b. ex store. the Ertglisl* crop is estimated at 62 million burdwls. as <«mpared witli 38 millions last year. There in a fair demand in Australian for arrival, and prices tend in rehens' favor. A handy ear'o reeentlv svrrived ])tT County of M-erion-eth'has made oos 6d per 4801b. whilst jos 6.) and 33s 9d are .-sked for cargoes ou u;,..-._;c. but nothing s-o far has been done, 111 the i:<'w crop. The oat market is firm, with a dtiusmd for all qualities. Beans

aid p«"tis are tinoly held, with little offering. Tlie N.Z. L. and -\L quote: Australian wheat. 33s to 33s 3d per 4961b; New Zealand wheat ("long-berried), 29s to 29s 6d 2Ss 6>l to 29s per 4961b : New Zealand barley. 25s to 30s p:-r 4481b: New Zealand o-its (sparrowbills, and (iartoos), 19s 6d to 20 6d per 3841b: do, do (finest), 21-s 6d to 22s Tx:r 334 ib: do. do (Ifcuiishi. 16s to l-oi-. 6d per 3201b: New Zealand beans (about f.;uq.J. 32s to 35s per 504!b : New Zealand peas (maple). 35s to 40s per 5041b : <io. do (brae!. 29s to 30s per sC4lb : Australian flour. 22s 9d to 23s per 2801b. Wool.—The fifth series of London sales, which opened on the i3tii inst.. terminated on the 27th inst. There was throughout a gfod attendance of buyers, while competition w.i? general .ind active, with the result that values' for nearly ail descriptions ruled in sellers' favor. The advance was most marked on coarse cross-bred, which, as compared witli preceding sales' closing rates, appreciated 5 to 7j p-er cent., medium ;md tine giades and merino Kjxcopt faulty *trTt!*. winch were unchanged) being about. r ) ]x.t ct-za. dearer. Of tlie net available quantity of 75.000 bales. 72,000 boles were dlsoos»'«l of, of which .-ome 35.000 (jDrJusi-i-f of 3.000 pnxclrasc<i for America) were tak-n for export. The rales dosed with a v>iry firm ton**, and there, seems* every ruison to anticipate a mnintcnauce of the present position in the near •fufau-e.

Hemp.—Conspquerrt upon a firm tone in the manila ntirket there hits been a jrood <lemaml for this filwe. ;u"l prices hav<» advanced 2Cs to 25a per ton. A fair bowuess has haen pacing, and although the offerings from the colony have been somewhat, tostricted, many parcels in second hamr* have been resold at the advance. At- the close there is a good inquiry for October-Decem-ber shipment Current quotations:-—Good fair spot £3O to £3O ss. October-December £3O 10s>. Dwranber-February £3O ss, fair >-[«»t £2B to £2B sb, October-December £2B 10s per ton c.i.f. Fair current manila £3B 10s per ton ai.f. Tallow.—-During the first fortnight of the period under review the demand was very qaiet, and hardly anv business was transacted, excepting in edible mutton and beef, for which, there was a good inquiry at about 3d per cwt advance. At the auctions held on the 27th inst. fine* mutton again met a «ood market at a »rther 3d per cwt advance, but low and medium qualities fell 3d to 6d per cwt. and there was a fair trade at too decline. In Ansfcrahwsm for .-krrival only a moderate business has been p;issing at 30s per cwt o-i-f. for fine mutton near at hand; good beef at 26s 9d, whilst *?ss per cwt c.ii ba» been, aeked for good color mixed 43-43* "TEtRx" The N.Z-L. and M. quote? —Finest mutton 31s to Sim bd fair to good 28s to 30s, edible beef <>7s 6d to 28a 3d, fair to good 26a 3d to 27« mixed sorts 23s to 26s per cwt. Cocksfoot. —-The market is quiet, with •wtv little business passing, and priueshave an*easier tendency. latest 171b roednnn 52s 6d to 53a, I«J» naedium '4.% y> ?»j^M»iwwrt.-c-Lf.