PRODUCE.

New Zealand Tablet, Volume XXXI, Issue 2, 8 January 1903, Page 3

PRODUCE.

London, January 2. — Butter is quiet. Colonial (dull), 108s to 110s ; Danish, 110s to 112s. Wheat : The markets are quiet but firm. Cargoes are hardening. Californian October shipment, 31s 6d , January shipments, 31.s 3d. The American iisiblc wheat supply is 82,209,000 bushels. Wellington, January s.— The following eablo has been received from the Agent-General, dated London, 3rd inst. : — ' Trade in all classes of mutton has been very slow, prices being barely maintained. The tendency of the mutton market seems to be to decline. Average price to-day : Canterbury mutton, s£d ; North Island mutton, 4^d ; States mutton (plentiful), 4d. There is scarcely any demand for lamb. The stocks of lamb on hand are light. The average price to-day for New Zealand lamb, Canterbury brand, is s£d. The beef market is very dull. Supplies of American chilled beef are large. Quotations : New Zealand beef (nominal) — Hinds, sd, fores, 4d. The butter market is dull, buyers holding back and expecting prices to go lower. The price for butter to-day is 108s to Ills per cwt. The cheese market is very firm. The price for cheese to-day is 60s per cwt ; small supplies of cheese on hand The hemp market is steady ; price of " good fair Wellington " grade on the spot to-day is £32 10s , January-March shipments, £28 10s. The cocksfoot ?ecd market i« cpiiot • no pressure to sell. Cocksfoot seed from New Zealand, 17! b standard, 65s per cwt '