COMMERCIAL.

Oamaru Mail, Volume XXXIX, Issue 10762, 9 May 1911, Page 1

COMMERCIAL.

mCH COMMISSIONER'S REPORT

(Prat Press Association.) . - Wellington,! May 8.

The following is i the.High Commis■sioiier's cable dated London, May 6tb : • The mutton market: is depressed as result of heavy larrivnls. Cnnter- ; BUI. North Island 2£d. :-t Lamb:' —There is a, better, demand but, stocks iire >Tie'av>>; Canterbury. ' 4fd, :<>t!i?r than.Ciuiterbury-,4<L -, • The heel' market is steady arid supplies of Aniorioan ichillcd beef are small. Nejv; Zealand lunds.33d,-fores 2|d. '■ Porfc.-rThe ruling price; for New Zea- • land pork is sjd. . fc/• ; -The butter market is isliglitly. weaker with, less• demand,-vhuyers' holding hack expecting prices to-go lower. Choicest Ncw ; Zeahmd 108s. Australian . 100s, Danish ljSs, Siberian 100s. . •. j The cheese market is..firm, with . improved demand. -New Zealand, 625.: i The cocksfoot seed market is very firm. ■ There are light stocks on hand. Bright New-Zealand seed, weighing 171b per bushel, is worth 77s per cwt. The wool market .remains firm. ; The shipments of -River Plate mutton and lamb received dining, ApriL were as follows": — .i . . . - .i ■ Mutton. Lamb. Carcases. Carcas"es. London ... 117,768 30,147 Ijiverpool ... 137*419. 49,07.8 Hull 680 r , 569 Ohr<liffr... ... li;02o -4.150 .' Southampton ... 21,018 2,722 lin'stol ... ... ' 11,17.6 Plymouth ... 75,936 Totals J/.... 299,845 86,702 I -In April last year tile "totals were: Mutton, 225,047-carcases; lamb, 84,315 jcarcases. ..." Dt N Ml) E'l'S. . By Telegraph. (Special to Oa'niaru Mail.) Duncdin, May 8. Messrs Donald Reid anil Co. report as .follows: — r > Oats. —Prime milling. 2s 3Jd to 3s .-Id'.; good to best, 2s 2J<l to.2s 3d; inferior co medium-2s to-2s 2d. Wheat-.: —Prime. milling, ,3s 5d to 3s Cd ; medium to good. 3s IJd.to, 3s oil; best whole fowl wheat, 3s 3d to 3s 4Ad; medium. 2s lOd to 3s .2d; broken and damaged, 2s 4d to 2s 9d. , Potatoes. —'prime Up-to-dates, £4 "2s 'Jd to £-!■ os; choice, to £4 7s 6d ; medium .to good, ±'3 10s to £4; inferior, L'2 10s to £3. Chaff.--Prime o.'ircn sheal,• £4 5s to £' I 7s (id; medium to good,. £3 17s 6d to £4 2s Gd : inferior, £3 5s to £3 15s; i;est oaten straw chaff. £2 7s Od io £2 lOs ; wheaten, £2 2s 6d to £2 ss. GRAIN AND PRODUCE REPORT. Messrs Dalgety and Co., Ltd.. report as follows: We held our usual weekly auction sale of grain and produce at our stores on Monday, Bth instant, when we offered a fair-sized catalogue to a large attendance of buyers. Bidding was i'.iirlv animated and the following are quotations. . . Oats.—p£liere. is no change to .report in tiie lwn-ket.. Farmers prices are. a little iir'exees's. of what, shippers are prepared to give, and only good- milling lines are beiug readily, sold. Seed lines are also in request.. The following are quotations: -Prime ..milling, 2s L 3id to 2s 4d; good -to best feed, 2s 3d to 2s 3.U1: inferior. to medium, Is lid to ,2s Id per- bushel" (bags extra). _ ... Wheat. —Owing to the rise in values in London, this market, has responded, and as there has been a .reduction in the freight--to London,.this lias also helped the market. Prune velvet, and Tuscan have been inquired for, while fowl feed is fairlv scarce, and is heirtg readily., spld in small lots to the local trade. Prime I velvet. 3s .sid ■to 3s, 6d velvet oar and Tuscan, 3s ~sd to 3s 5Ad; whole fowl feed, 3s 3d to 3s 4d; broken and damaged-, -3s to 3s 2kl per bushel (bags extra..) - ■ -Po'tatoses—The quantity,iari;ivinij has been slightly- more tliaa the.dcmpnd and prices are "barely; maintained. -...At today's auction, 'there i wew rfair-sized offerings, sand; bidding: was-.by animated. Best .table sorts. J?4 -to £4 ss; medium, £3 5s to £3 'lssinferior, £2 to £2 15s per ton (hags .in).". . Chaff.—There sire;.still. large..,consignmcnts arriving, and the" market, is in a depressed condition. . In order to save sacrificing, the bulk, of the chaff is being takeii into .store. ,= A,t to-day s «ale we offered about 50.. tons, but owing to want of demand, .the bulk of it was passed in. We ..quote Prime oaten slieaf clvaff. £4 2s 6d to £4 ss; •rood. £3 15s to £4; .medium, £3 5s to £3 1.0s: wheat and oaten straw chair, C2 to £2 15s-per ton .(bags extra). FROZEN MEAT MARKET. The Colonial Consignment and Distributing Company,"Limited, report as foll0 N S rV"zealandTVlutton —The Turakiiia ha* anived with.;2l,9J.Q carcases. Under normal circumstances'stocks wolild ho considered moderate,; but the demand is so slow that the,output has quite failed to keep pace with arrivals. The increase in sales effected by the recent reduction in prices has .not been maintained, "and with other mutton moving in sympathy, the stimulus lias ceased* to be effective. Holders are pressing-sales and prices inconsequence are very weak. . A-.few : good light weight North Islands make 3§d, per lb.. average wethers. «re.:being ottered bv some sellers at 3d per lb. and heavy wei"hts at- 2-; d per lb, while, ewes can be bought at 2j<l per lb. Canterbury's are still verv scarce, and extreme prices are asked for the few ..carcases available. . -

Frozen Lamb.—Receipts comprise ■l2,9()f> carcases from ; New Zealand, 17.(KH1 carcases. from Australia and 1 1 7;i;l caicases from .South America. Lambs are still extremely slow of Side, ( specially inferior quality, which is very plentiful. Australians :;ii'e difficult to move even at a further reduction in prices. The best .can bethought at 3!J<l. .and inferior quality, at 3|d iper -lb- Canterburys and -North; Islands., have remained at last ,Tates.;foE..gqo.d ; average quality, .but plain inferior ■North Islands have sold down to'3Jd peivlb;. at 'd similar Canterbury Lambsi.at 4id per lb. Frozen Beef. bflye been refurnished' 'witli 200.quanterp.fr<nn New Zealand,- 4250 quarters from Australia and 36:352 quarters from South America. The offerings" are still very li<;lit, and__ hindquarters, which are scarce; maintain their value. Forequarters, however, are a shade easier, j but the total business done is very limited. '