THE BRITISH PRODUCE – MARKET.

New Zealand Journal of Agriculture, Volume 3, Issue 5, 15 November 1911, Page 442

THE BRITISH PRODUCE - MARKET.

HIGH COMMISSIONER’S CABLED REPORTS.

The Department of Agriculture, Commerce, and Tourists has received the following cablegrams from the High Commissioner for New Zealand. (Note. —Quotations, unless otherwise specified, are average market prices on spot.) ' 1 ... ... <: ..London, 7th October, 1911. Mutton. The. market is quiet but steady. Stocks of New Zealand mutton on hand are light. Canterbury 4|d., North Island 3fd., per lb. .: ; . ; '<■' ' Lamb. —-The’ market is slightly weaker, with less demand. - Canterbury 5-Jd., other than Canterbury 5d., per lb. : . . Beef.— The market is dull. New Zealand hinds 3fd., New Zealand fores 2|d. per lb. Butter. -The market is firm, with an upward, tendency.. Inhere is a general and active demand. * Danish 1485., Siberian 1285., Australian 1345., per cwt; . ( ’ - Cheese.— The market is quiet but firm. Canadian' 70s. 6d. per cwt. Hemp. The market is somewhat steadier, and there is more demand. New. Zealand good-fair, spot £l9 15s'., New Zealand fair grade £lB 155., fair current Manila £2O per ton. October-December shipment: New Zealand good-fair £2O, fair grade £l9, fair current Manila £2O ss. per ton. The output from Manila for the week was 19,000 bales. Cocksfoot-seed. — market-is-very firm. There-are light stocks of cocksfoot-seed on hand. It is impossible to give any quotation. ! Wheat. — The* market is somewhat steadier. ’ New Zealand- long-berried wheat, spot,’ex granary 355., short-berried 345.-,-per quarter of 496 lb. ■ ' Oats. There is a general and active demand, and a large supply. New- Zealand oats, short sparrowbills, ex granary, spot, per quarter of 384 lb., 225.'; Danish, per quarter of 320 lb., 19s.- 6d. Beans. —The market is firm, with an improved, demand. . New Zealand beans, f.a.q. (new crop), 345. 6d. per 504 lb. ’ , •• ; Pens.—The market is steady, with • a very good demand. New Zealand peas (partridge), 40s. per 504 lb. .

London, 14th, October, 1911. Mutton. -The market is quiet. There is a dull sale for all qualities, but holders are firm. Canterbury 4|d., North Island 3|d., per lb. Lamb.— The market is weak on account of supplies of. home-grown lambs being heavy, and lowering prices of New Zealand lambs. Canterbury 5|d., : other than Canterbury 5d., Scotch Hill 4Jd., per lb. ' : . . Beef. The market is dull. There is little demand, and supplies are large. New Zealand hinds 3|d., New Zealand fores 2|d., per lb.

. Butter. The market is rather quiet, on account of the high prices. -Buyers of butter are holding, back, expecting prices to go . lower. Danish 1465., Siberian 1275., Australian 1325., per cwt. i h. , V G .' . ■ ' .■ . .:. Cheese.— The market is quiet,, and prices slightly weaker. Forward'transactions in cheese are very limited at present quotations, but future prospects are good. . Canadian 695. 6d., English Cheddar 865., per cwt. -L::.-'" Hemp.— The market is quiet, but moderate business doing. New Zealand is firm at last quotations. Stock of New Zealand hemp, 956 tons. The market for Manila has -advanced 20s. . The output from Manila for the week was 20,000 bales. Hemp quotations last week : New Zealand good-fair on spot £l9 155., New Zealand fair grade £lB 155., fair current Manila £2O per ton. Forward shipment: . New Zealand good-fair: £2O, New Zealand fair grade £l9, fair current Manila £2O 55., per ton.

o . , ■ London, 21st October, 1911. ■ Mutton. The market-is quiet, but holders are firm, as stocks on. hand are light and are firmly held in few hands. Canterbury 4|d., North Island 3Jd., per lb. . , Lamb.— The. market is quiet;, there is less demand. Canterbury 5d., other than Canterbury 4fd., per lb. ■ . - . . Beef.- -The market; is very dull.; the supply exceeds the demand. New Zealand hinds 3|d., fores 2|d., per lb. . . , , - c . Butter.— The. market is lifeless. Transactions are very, limited, and buyers are not inclined to make forward purchases at present prices., Danish 1405., Siberian ,1235., Australian 1295., per cwt. , . . ■ \, > v Cheese. There has been no alteration in the market since last week. Canadian 695. 6d. per cwt. Hemp.- —The market is a shade weaker. New Zealand good-fair, spot, £2O, fair grade £l9, fair current Manila £2O 55., per ton. " October-December shipment : New Zealand good-fair £2O 10s., fair grade £l9 10s., fair current Manila £2O 10s., per ton. The output from Manila for the week was 27,000 bales. ' ■ . Cocksfoot-seed. — The market is- firm. There are light stocks on hand. , Wool.— market is weaker, , and slightly lower. Current quotations for Bradford tops : 36’s low crossbreds Is. Id., 40’s low crossbreds Is. l|d., 44’s medium crossbreds Is. l|d.-,’so’s half-breds Is. 5Jd., 56’s quarter-breds Is. Bd., 60’s merinos 2s. Id.

London, 28th October, 1911. Mutton.— market is quiet but steady; a poor demand continues, but stock is moderate. Medium and 'heavy-weights are getting very scarce. Canterbury 4|d., North Island 3|d., ewes 3|d., per. lb. Lamb. The market is dull, and there is very little business doing, at about quotations already given. (Last week’s quotation: Canterbury 5d., other than Canterbury 4|d. per lb.). Stocks of lamb on hand are light. New season’s River Plate are selling at-4Jd. per lb. >: " • ■■ " : ■?. 0,’.’. : Beef.—The market remains very fiat. Chilled, supplies of River Plate beef are. heavy. Nominal quotations : New Zealand hinds 3|d., fores 2|d., per lb. Chilled hinds 3|d., fores 2|d., per lb. • ■ °° ... \ Butter. — The market is quiet, but steady after the decline. Danish 1375., Siberian 1195., Australian 1275., per cwt. .. A Cheese. market is quiet. The demand is improving, but prices are unchanged. Canadian 695. to 70s. per cwt. ■ ' 4 : Hemp.- market is quiet, with small business doing. Holders, are firm. New Zealand good-fair on’ spot £2O 55., fair-grade £19»55., fair-current Manila £2O 55., per ton. October to December shipments : Good-fair £2O 12s. 6d., fair grade £l9 12s. 6d. fair current Manila £2O ss. per ton. The output from Manila for the week was 24,000 bales. Cocksfoot-seed.— The market is . firm, owing to the recent drought;,. an increasing demand is anticipated during the coming season. Danish is quoted at 755. per cwt. Khuri-gum.— The market is quiet but steady. 320 packages offered .and 50 sold at Thursday’s sale. Dark-brown selected rescraped £6 to £8 7s. 6d., dark-brown threequarter scraped £4 to £4 12s. 6d., dark-brown chips, drossy, £1 15s. to £2 55.-, rescraped' pale amber £ll to , £l5, three-quarter pale scraped-£8 to £9, diggers’ • chips, good, £2ito £2JOs., • ■ \. < Wool. The market is somewhat steadier. ; ~. . ' '

Eggs, Poultry, and By-products.

> L•'«; ■ . ■ ■ . ■ »• .. London, 12thJOctober,. 1911. Eggs.—The ■ market is quiet. Home Ils. 6d. to Ills., Russian. 7s.'_ 6d. to 9s. 3d., Italian lls.|to]l2s. 6d., Danish lls.’dd. to 12s. 6d., .7s?3d.itoJ9sj9d., per (120.

; Poultry.— The market is rather quiet. A large supply. Chickens : American 7d. to Bd., Russian 7d. to Bd., Home 7|d. to 10d., per lb. Ducklings : Home 7d. to 9Jd., Russian sd. to 6d., per lb. Turkeys : Russian 7|d. to BJd., .Home 9|d. to 10d., per lb. Bacon. The market is dull, and prices irregular. Sides : Irish 60s. to 715., Continental 525. to 665., American 525. to 565., Canadian 545. to 585., per cwt. Hams. The market is dull, and prices irregular. Irish 965. to 1125., English 845., Canadian 565. to 645., American 545. to 685., per cwt. ,

4th November, 1911. ■ Mutton. The market is steady, and prices are well maintained. Canterbury. 4|d., North Island 3Jd., per lb. . Lamb.— The market is . quiet, but holders are firm. Canterbury 5d., other than Canterbury 4fd., per lb. Beef.— The market is dull. New Zealand hinds 3Jd., fores 2gd., per lb. > Butter. The market is slightly weaker, with less demand, on account of the high prices. Danish 1355., Siberian 118 s., Australian 1265., per cwt. Cheese.— The market is quiet but steady change in prices. Canadian 695. to 70s. per cwt. Hemp. market is quiet, with tendency in favour of buyers. New Zealand good-fair, spot, £l9 155., fair grade £lB 155., fair current Manila £l9 10s., per ton. Forward shipment: New Zealand good-fair £2O, fair grade £l9, fair current Manila £2O 10s., per ton. . The output from Manila for the week was 24,000 bales. Stock of New Zealand

hemp, 810 tons.

Mutton. Carcases. ' Lamb. Carcases. London .. ... .. .. 30,619 6,714 Liverpool .. .. .. ' .. ' .. 181,098 83,631 Southampton t .. : .. . .. . .... 18,955 . ' 6,735 Cardiff- . . .. ' .. ■. 17,584 2,528 Hull - - 2,075 144 Plymouth .. .. 764 489 Newcastle 2,897 Bristol 7,886 261,878 100,241 September, 1910 .. 152,401 14,474

Wool. — A firm market for merinos. The market is a shade weaker for crossbreds. Mutton and Lamb.- River Plate shipments received during September, 1911 :

Mutton. Carcases. Lamb. Carcases. London 88,157 18,879 Liverpool .. 120,924 25,890 Hull .. 6,108 300 Southampton .. .. .. 13,583 11,000 Cardiff .. .. ... 6,698 650 Newcastle .. .. 10,000 Ireland .. .. ... 850 246,320 56,719 October, 1910 . .. .. . 216,791 19,354

Mutton and Lamb. -River Plate shipments received during October, 1911:-