THE MEAT MARKET.

Otago Witness, Issue 2744, 17 October 1906, Page 21

THE MEAT MARKET.

_, ' NAPIER. October 11. The Colonial and Distributing Company, London, to-day cabled itoe "following renort : — Frozen meat: Canterbury mutton," 3Jd; A T apier- Wellington, 3gd. Lamb— First, 4|di second, 4Jd. Beef— Hinds, 2Jd ; fores, iJid.

THE OAMARU MABKETS. (From Oue Own Correspondent.)

_„ , OAMARU, October 14. The wheat market "is easy, though there is a 'slightly improved demand. Several small lines of velvet have beep- bought at 8s l*dl to 3s 2d, at country sidings, less commission and one parcel of 400 sacks was sold at 3s 3*d f.o.b. Other descriptions are scsree, and no sales a*e reported. Broken fowl wheat waa so.d at 2s lid, ex store.

Several parcels of G-arton oats have changed hands at 2s O.Jd to 2s Id, at country sidings, less commission; but Danish are not in request.

Potatoes show little alteration as compared with last weak, sales having been made at £10 5s to £10 103 f.o.b. (Backs in), and at £9 5s to £9 15s at country stations. The past fortnight haa been very dry again, and feed and growing crops, -which benefited considerably by the rain of a fortnight ago. are now less promising again. The portions of the district that are most keenly feeling the ahsence i>t rain are the Ngaparm «na Tokarahi tables, but nearer the const tha need is not quite, so urgent, though a lall would be very welcome. Some excellent returns for the lambing have been reported, and the increase will probably equal the best oa record.

GRAIN AND PRODUCE REPORTS. HessTs Donald Reid and Co. u^t».) repcrt: — We held our weekly auction eale^of giain and produce at our stores on Monday. There was a fair attendance of buyers, to whom we submitted an average catalogue. Competition was not s+rong, and marfy o£ tho lines on offer had to be passed in. Valuss ruled at under. Oats.— The demand for seed is practicallyover, and millers' requirements at this season are very limited. Shippers r.re only getting occasional orders, and are net readily disposed to make purchases on the basis of l»to quotations. Under these circumstances on!y moderate business is being" done. Quotations:—Prime mil.ing, 2s 2d to 23 2sd ; good to best feed, 2s Id to 2s 2d ; inferior to medium, Is lid to 2s per bushel (sacks extra). Wheat.— Although the question of the intercolonial tariff has now been £«ifcled, millers are not buying freely, but are confining their attention chiefly to prime milling lines. Medium quality is therefore neglected. Fowl wheat continues to be well supported at late quotations.. Prime milling, 3a Sd to 3s Gd ; medium io good 3s 3d to 3s 4d ; whole fowl wheat, 3e lei , to 3a 2d ; broken and damaged, 2s 6d to 3s per bushel (sacks extra). Potatoes. — Seed requirements have row bean ■ practically filled, and in this respect only small orders are coming to hand. Prim» Derwents and best table soits have not been , plentiful, and have improved somewhat in value. Medium, small sorts, and all poia'oea I of indifferent quality are not so readily <*ealt | with even at a reduction in prices. "Quotations: — Best eeed lines, £11 10s to £12; best table sorts, £10 to £11; medium, £9 to £9 15s; email and inferior, £3 to £8 per ton (sacks included). Chaff. — The market is well supplied with chaff of ordinary quality, for which there is limited inquiry. Prime, bright. oxtem sheaf sells readily on arrival, and is the only class in demand locally. Light and inferior sorts are ncglectsd. Quotations: — Best oaten shaaf, £3 15s to £4; choice to £4 2s Gd; Medium to good. £3 7s 6d to £3 12a 6d ; light and inferior, £3 to £3 5s per ton (bags extra). Straw. — The market hp.s been fairly well supplied wi*h oaten straw, which sells it 40s to 42s 6cl. Wheaten is scarce, and can be readily placed at 32s 6d to 35s per ton, pressed. Messr3 Dalgstv and Co. (Ltd.) report as follows . —We held our usual weekly aale of gram and produce at our stores on Monday. We submitted a full catalogue in lots to Eint intending purchasers. A f2ir attendance of buyers, but competition waa not brisk, and a dragging sale resulted. The portion of our catalogue quitted at the sale realised prices v.-hieh compare favourably with laie> quotations. Oat';. — There is practically no change to report Little shipping business is passing, and there is moderate inquiry for lines suitable for milling. Values are unchanged. Quotations- Prims milling, 2s 2d to 2s 3d; good to best feed, 2s Id to 2s 2d ; inferior, 1" IOJd to 2d per bushel (sacks extra). Wheat. — The volume of business passing in this market is not very great. Millers are not keenly disposed to operate in any but the choicest hiles. Fowl wheat still meets with fair inquiry. Quotations. Prime milling, 3* 5d to 33 Gd ; medium. 3s 3d to 3s 4id ; best whole fowl wheat, 3s Id to 3s 2d ; broken and . damaged, 2s 7d to 3s per bushel (sacks extra).

Potatoes. — The demand for seed lines ha 3 slackened eft considerably. Prime table sorts are in request, and for this description late prices are maintained. Inferior and medium descriptions are not much sought after. Quotation"- Seed lines, £11 10s to £12 10s; piiino table ports. £10 10s to £10 I 03; msdium, £8 10s to £3 10s ; inferior and small, £3 to £8 per ton (bags in)

Chaff. — The markat is well supplied. Prime quality oaten sheaf (heavy and well cut) is saleable at up to £4 2s 6d. Medium quality is not so readily placed, but commands to £3 17s Gd, while inferior quality if exceeflrngly difficu t to place. Quotations: Prime oaten, £4 to £1 2s 6d; medium. £3 10s to £3 17s Gd ; discoloured and light, £3 to £3 5s per ton (bags extra).

Straw. — Oaten straw realised fiom 403 to 42s 6d per ton, while wheaten brought from. 32s 6d to 35s per ton (pressed, ex truck).

MELBOURNE HIDE MARKET.

MELBOURNE, October 11

At the hide sales hides were in short supply, and there was keen competition, lasfc week's rates being maintained.