LATE COMMERCIAL NEWS

New Zealand Mail, Issue 1611, 14 January 1903, Page 49

LATE COMMERCIAL NEWS

Dalgety and Co., Ltd., have received the following cable message from Lon-_ don, dated Bth inst.: —Prices for frozen meat are nominally-unchanged, excepting for beef, for which there is no demand.

The fortnightly sale at Messrs Lowes and lorns, Ltd., Eketahuna, on Friday, was tho largest ever held in the district. Competition was exceptionally, good, cattle being in keen demand. Two-year-old steers brought from 90s toi 965, eighteen-months steers 55s to 66s 6d, yearlings 38s 6d to 53s 6d, weaners (mixed sexes), 17s 6d to 325; eighteenmonth heifers, 55s to 70s; two and three-year heifers. 80s to 90s; cows and calves, 105 s; fat cows and heifers, 95s to £7 10s; pigs, porkers 27s to 32s 6d, sows 655.

Dalgety and Co., Ltd., have received the following cable message from London, dated 9th inst: —Since our last telegram prices of prime winter rabbitskins are lower by Id to l|d per lb, and inferior qualities by l£d to 2d per lb. The Industries and Commerce Department has received the following cablegram, dated London, the 10th January, from the Agent-General:—“2l9,3B3 carcases of River Plate mutton were landed in the United Kingdom during December, of which 172,294 carcases were landed at Liverpool and the balance (47,089 carcases) at London; the average price realised for these shipments was 4d per lb. Six thousand seven, hundred and sixty-nine carcases of River 1 Plate lamb wero landed at Liverpool, and the average price realised was 5d per lb. Ten thousand seven hundred and three hundredweight of River Plate butter were landed at Liverpool and London, and the average price realised Was from 103 s to 106 s per cwt. The Agent-General also advises in the same cablegram that the market for crossbred wool remains firm.

The Agricultural Department has received the following cable message from the Agent-General, dated London, 10th January:—“The mutton market is depressed. The average price to-day for Canterbury mutton is s£d; North Island mutton, 4£d. There is no alternation in the lamb market since last week. The beef market is very weak. The weather lately has been unfavourable fo the sale of beef. New Zealand hinds 4£d, fores' 3|d. The butter market is dull. There are heavy supplies of butter on hand. The price of butter to-day is 105 sto 108 s per cwt. New Zealand butter is giving satisfaction to buyers. The cheese market is very firm. The price of cheese to-day is 62s per cwt. The hemp market is steady. The price of “good fair Wellington” grade on spot- to-day is £33 per ton; JanuaryMarch shioments, £29. The cocksfoot seed market is quiet hut firm. The price of New Zealand 171 b standard ’S 65s per cwt. LONDON BUTTER MARKET. Messrs J. B. Mac Ewan and Co. write to their Wellington office under date .London, sth December, as follows :—« Since our last, trade has been generally steady, without any particular feature. At time of writing, weather has again turned very cold, and this may help the market to firm up somewhat. Choree grades should be dearer within the next week, and wo are hoping that the first of the Australian shipments, which will bo ready on Tuesday next, per s.s. Omrali, will come to a good market. Top price will be about 114 s. New Zealand butters are meeting a fair inquiry at 112 s to 114 s; occasionally 2s extra made where some pet factory opens particularly good. Supplies from the Continent are a shade lighter, and the present cold weather, which is general throughout Europe, should still further decrease the make. New Zealand —S.S. Aotea just landed, and the butter is meeting a good demand at 112 s to 114 s. Danish —Quotation advanced one kroner, with a steady market. French —Market steady, choice butters get scarcer, and all grades tending dearer. Russian—Supplies very light; the season is practically over. Best grades are in good ~ demand, an occasional 2s more being made. Canadian —Market firm on choice goods, which are in light supply. Secondary qualities do not as yet share the improvement, but we anticipate a much better inquiry shortly. CheeseTrade continues very quiet, holders and buyers alike indifferent. Quotations: Butter New Zealand, 112 s, 7145; Danish, 116 s, 120 s; French, 90s, lC3s; Russian, ’B6s, 100 s; Canadian, - :sb, 106 s, 108 s; Canadian, fine, 945, 100 s; Canadian, dairies, 82s, S6s. Cheese — Canadian (white or coloured), finest, 60s; fine, 58s, 595.