COMMERCIAL.

Southland Times, Issue 14437, 7 June 1910, Page 7

COMMERCIAL.

AGRICULTURAL EVENTS TOR WEEK ENDING JUNE 11. TUESDAY'. JUNE 7. Stock sales at Wallaeotown. AVEDN ESI )AY, JUNK 8. Western District A. and P. Show at Riverton. Clearing stile at Air E. Tobin’s, Tussock Creek, by National Alorlgago Co. THURSDAY, JUNE 3. Stock sales tit Woodlands. Stock sales at Alataura. FRIDAY, JUNK 10. Stock sales at Otautau. The New Zealand Loan and Alereantilo Agency Co. has received the following cablegram from Its London Office, dated 6th inst.: — “Tallow.—-We quote present spot values for the following descriptions:—Good mutton. 33s i'd per cwt; good beef, 33s 3d per ewl; mixed, 33s lid per cwt; market dull." LONDON PRODUCE PRICES. Messrs Dalgety and Co., Ltd., report having received the following cable from their Plead Office, dated 15th instant: Sheepskins.—Sides opened linn as compared with last sales’ closing rates. Merino, 3s -id to full-wooiled par to Is Id higher; merino shorl-woolled and shorn pelts par to Vid higher; crossbred fine threequarter lo full-wooiled prices unchanged; crossbred coarse llireequarter to full-wooiled prices unchanged; crossbred sbort-wooiled and shorn pelts par to J Ad higher; lambs, par to lad higher. Butter —The butler market is steady but quiet. Thg total imports of butler for the week ending 38th Alay were 87,000 cwt, as compared with 7-1,000 cwt for the corresponding period of last year. The Copenhagen official quotation is one kroner higher. We quote: —New Zealand, 105s; Danish, 113s; finest Australian. 103s. Cheese.—While cheese, rather more enquiry, value 56s to 575; coloured cheese, market dull, slocks are large; value. 51a to 555. Mutton. —Bather more enquiry, any change in favour of sellers. Lamb.—Good demand, market Usd to %d higher. Frozen Beef. —N.Z. prime ox beef binds. 5 Vt d; fores, Hfsrt. HIGH COMMISSIONER'S REPORT. (Per United Press Association.) AVELLINGTON, June 6. The High Commissioner's cabled market report dated London, June 5, states; — —Frozen Meat.— The mutton market is firm, with an upward tendency. Owing to high prices ruling for beef and pork there is a better demand for mutton. Canterbury is quoted at 3%d per ib; North Island. 3%d; River Plate. 3Mjd. The lamb market is firm, and there Is a good demand for all qualities. Large supplies are coming forward, and there is no stock accumulating. Canterbury is quoted at s’/id; other than Canterbury. s '/id; Australian, IVid. The beef market is very firm, and excited on account of the small supply on hand. The advance has checked business, and the prospects are that prices must be maintained for some time. New Zealand hinds are quoted at sD,.'id; fores, 4%d. North American chilled beef, hinds, 7(4d; fores, 6 kid. —Butter and Cheese. — The butter market is firmer, and in better demand. The stock of New Zealand butter on hand Is small. Choicest New Zealand butler Is worth 108s per cwt; Australian, It»2s; Danish, 115s; Siberian. 103s. The cheese market is firmer, and there Is more demand for white, which is quoted at 575, and coloured at 555. —Hemp.— The hemp market is weak and inactive, mil prices have slightly declined for all grades. The output from Alanila for the week was if.ooo bales. —G rain.— The wheat market is dull and declining. New Zealand long-berried wheat, ox granary, -IHGlbs, is ([noted at 33s (id per quarter: and New Zealand short-berried wheat, ex granary, ItlOlha, at 31s 6d. Oats.—The market is dull and very little business is doing in New Zealand oats. Short Sparruwbills, ex granary, 38 libs, are ([noted at ITs (id per ([carter; and New Zealand oats. Danish, ex granary. 33(ilbs, at 16s 6d. • —Peas and Beans. —■ Peas. —The market, is quiet but steady; supplies are increasing, and buyer; are more reserved. New Zealand peas, partridge, 501 lbs, are ([noted at 535. Beans. —The market is quiet, and prices arc slightly weaker. New Zealand beans, f.a.q., new crop. 50 11b.-;, are quoted at 31)s. —"Wool. — The wool market remains firm for lino wools, hut it is a shade weaker in coarse wools; 36’s low crossbreds are ([noted at Is l%d; 10’s, ditto. Is 3 1I l d; •It’s, medium crossbreds, Is I V.i d; -d) s, hal threds. Is S'-Ld; 56’s. quarlerhreds. Is IVad; 60’s, merinos, 3s Iv,)d. River Plate Shipment.—■ River Plate shipments received during Alay. 1010, in London were; —AlutUm, 76.(137 carcasses; lamb, 13.7-10. Liverpool, 271,015. and 63,515; Hull, 6307 and 6 83; Newcastle, stltio and- 500; Southampton. 80OK and 36r,7; Cardin’. 560S and 357 1; Ireland. 3130 and IT. Totals, 375. 076 carcasses of mutton, and 83,713 carcasses of lamb. TALLOW. The New Zealand Loan and Mercantile Agency Co. has received the following cablegram from its London Office, dated 6th inst.;— "Tallow. —Wo quote present spot values for the following descriptions:— Good mutton, 33s !)d per cwt; good beef, 33s 3d per cwt; mixed, 33s 6d per evvt; market dull.” DUNEDIN PRODUCE MARKET. Donald Reid and Co. report;—We held our weekly auction sale of grain and produce at our stores on Alouday. We submitted a lengthy catalogue, for most of which there was fair competition. Values ruled as tinder:—• Oats, —Tlie demand for export is chiefly for prime Garton and sparrowbills. ’Although these are not offering freely in tliis market, it is impossible to effect sales quite on a level of late quotations, prices, in sympathy with other markets, showing a slight decline. Good B grade Garlotis and sparrowhills are in fair demand, but lower grades have little inquiry. We quote:—Prime milling. Is lid to Is ll'/jd: good to best feed, Is 'JVjd to Ik UD/jd; Inferior to medium. Is 7d to Is 8 lAd per bushel (sacks extra). Wheat. —The market Is still lifeless, and the conditions reported last week are unchanged. Quotations tor milling wheat are therefore difficult to state. Fowl wheat is fairly plentiful, and meets slow sale at, for best whole wheat. 3s Id to 3s 3d; medium to good. 3s lid to 3s; broken and damaged, 3s to 3s 6d per bushel (sacks extra). Potatoes.—The market is moderately supplied, and as tlie demand is good, prices remain firm. Prime seed lines for early sowing have also ready sale at up to £6 per ton. We quote:—Good to prime Up-to-1 (ates. £5 1 5 s lo £5 I 7 s 6d: choice to £6; medium. £5 to £5 13s (id; inferior and small, £3 IDs to £1 15s per ton (sacks included). (.'half. — During the week supplies have been light, but as large stocks are held In store and by local merchants, prices show no improvement on hue quotations. Only prime quality is asked for, while medium and slraw rhalT are very difficult to ([Hit. We quote: —Good to prime, £3 ids to £3 13s (id; choice lo L 3 15s; medium, £3 to £3 7s (id; inferior and straw chuff. £3 to £3 IDs p.cr ton (sacks extra). Straw.--We quote: Wheateii, 3"s; oaten. 35s per tun (pressed). Masses Dalgety and Co. report as follows: — We held our usual weekly auction sale of grain and produce at our Stores (.in Monday, when we submitted a representative catalogue I" a lull attendance of buyers. Although lor some lines competition was ted animated, we cleared our catalogue at auction and pr'r. atciy at prices up to our \ alual ions. Oats. —Tlie oats marled continues quiet. Shippers being willouil new orders in hand tire not disposed to "derate freely. Prime milling. Is liD,-_.d to Is 11 ‘ad; good to best feed. is !ld lo Is Bid; inferior to medium. Is to ts Slid per bushel (sacks extra). Potatoes. —Utmsignnienl.s of prime quality have been bringing up to late quotations, hut anything not up to this class

are not in such demand. Crime Up-to--1 tales. £5 IDs to til; medium to good. £i 15s lo £5; Inferior, £3 to £-1 as per ton (sacks included). Chaff. —Chaff continues to come forward m fair quantities, and values run about tlie same as last quotations. I’rime oaten sheaf. £3 IDs to £3 13s (id; choice, to £3 15s; medium Lo good. £3 to £3 ss: inferior. £3 to £3 10s per ton (bags extra). Straw. —Oaten, to 355; wheateii, 30s, pressed (ex truck). DUNEDIN STOCK EXCHANGE. (Per United Press Association). DUNEDIN, June (i. Stock Exchange sales Old ilauraki. ■ls (iVad. Is «V.,1. Is 7d, and -Is (Did. Sales reported AVailii, £3 as ; New Sylvia, 3s (Did. WAIHI SHARES. (By Tctc'Krapli—l’n-.' S Association— Cnpyrlßht i. EONDON, June a. Waibi shares’ — Buyers, £S 11s 3d, sellers. £S 13s HI ; Junctions, buyers, 38s (Id ; sellers, 3 1s 3d THE EROSEN MEAT HABKET. (By Telegraph - Press Afsoi'iatii>i\--Ci)pyvlttM i. LONDON. June 5. The Frozen Aleut Trade Associations Smithfield Alarket quotations for the undermentioned classes of frozen meat are based on actual sales of not less than one hundred carcasses.of mutton or lamb or twenty-five quarters of beef of fair average quality. The quotations are not selected lines, but for parcels fairly representative of the bulk of the shipments now on the market. The prices which follow are on an average a farthing per lb more titan the values ex ship, tliis difference representing an average cost in expenses, handling, convey- 1 anca, and selling the meat: — , May 38. June 5. Mutton— d. d. Canterbury, light 3 Canterbury, medium 3A, Canterbury, hjcavy 3 -7-16 Southland * North Is., best 3 D-16 3% North Is., ordinary 3 T-td Australian, light 3 3’.i Australian, heavy 3 3-16 3 3-16 River date, light 3Vi 3Vi Itivor Plate, heavy S “« Lamb— Canterbury, light sv» •Da Canterbury, medium 5% * [Da Canterbury, heavy a Vi Southland —■ North Is., selected SAI s‘i North. Is., ordinary s’k Australian, best Us Australian, fair I v-t - '-s Australian, inferior River Plate 1 : ’i Beef — New /.calami, fores -I "s j"? New Zealand, binds 5 11 ’i Australian, fores IVI I ‘.4 Australian, binds Its 11 River Plate, fores I : ;,s I”» Biver Plate, hinds a u '(*