PRODUCE.

New Zealand Tablet, Volume XXX, Issue 7, 13 February 1902, Page 13

PRODUCE.

London, February 6. — The wheat markets are inactive. The Continental supply is steady. American cargoes are quiet. Victorian January shipments, 2,ys 9d. South Australian and New South Wales January-Feb-ruary shipments, 30s , Victonan parcel of January shipments, 29s JOd and 29s 3d. Butter. — The demand is improving for choice qualities. Colonial is in quiet demand at from 108s to 110s. There is a brisk trade in secondaries at from 98s to 102s ; Danish, 112s to 114s. Cheese is quiet. New Zealand, 49s to 50s. London, February 9. — Frozen meat — New Zealand mutton is unchanged. Lamb also is unaltered, the quotation being for odd season's stock. New Zealand beef, 1801 bto 2201 b, fair average quality, ox fores. 3^d ; ox hinds, 4f d. Wellington, February 10.— The following cablegram has been received from the Agent-General, London, dated the Bth : — ' Average prices today, Canterbury mutton, 3^d ; Dunedin, Southland, and NM E. Company, 3^d , other North Island, 3£d ; River Plate, 3£d. The mutton market is weak, and the trade in mutton is very disappointing, there being only a very hand-to-mouth demand for New Zealand. Canterbury lamb, s£d. The high quotations for lamb lately sent to New Zealand was merely for a few selected carcases, and cannot be taken as any indication of the general market price The shipments of River Plate Lamb are increasing, and the Australian shipments of lamb now arriving are very heavy. The beef market is firm. New Zealand hinds, 4?-d ; fores, 3 Id. There is a good demand for butter at 109s. New Zealand butter is giving satisfaction to buyers. The cheese market is firm at 50s.

Messrs. Donald Reid and Co. report as follows .—. — There was a good attendance of buyers Iwt competition for most lines catalogued was without much animation, prices for all lines being barely equal to late \ allies. Oats — Consignments ha\e been coming forward more freel.v . Late values are too high to allow shippers to operate, and the quantity coming to hand being fully equal to local demazid, prices are a shade easier. We quote : Prime milling, 2s 6d to 2s 6^d ; good to best feed, 2s 5d to 2s 6d, medium, 2s 3d to 2s 4d per bushel (sacks extra) Wheat. — Prime milling is the only class in demand with millers, and e\en for this their requirements are light. Medium quality is in fair dedemand as fowl feed. We quote Prime milling, 3s Id to 3s 2^d ; medium, 3s to 3s Id per bushel (sacks extra). Potatoes. — The market is heavily, supplied, and prices have in consequence suffered a decline. We quote • Best sorts, £2 5s to £2 10s ; medium, £1 15s to £2 per ton (bags extra) . Chaff — Primo oaten sheaf continues to meet with fair inquiry, but medium quality is in over supply, and difficult to quit at slightly reduced rates. We quote Prime oaten sheaf. £3 15s to £3 17s 6d ; choice, to £-1 . medium, to good, £3 to £3 10s per ton (bags extra).