PRODUCE.

New Zealand Tablet, Volume XXXI, Issue 21, 21 May 1903, Page 13

PRODUCE.

Napier, May 14.— The C.C. and D. Company cabled to Messrs. Nelson Bros. as follows : ' There is a decline in values of an eighth of a penny in mutton and second quality of lamb. Quotations : Canterbury mutton, 4£d , Napier, Wellington, and North Island, 3|d. Lamb : First quality, fid ; second quality, 4id.' Wellington, May 18. — The Department of Industries and Commerce has received the following cablegram iroui the Agent-General, dated London, May 16 : — The mutton market is depressed. The stocks of mutton on hand are heavy and widely distributed amongst agents, who are pushing sales. Average price to-day : Canterbury mutton, 3id ; Dunedin, Southland, and Wellington Meat Export Company, 3Jd ; other North Island mutton, 3£d. Average price to day for River Plate mutton is 3£d per Ib, at which rates the demand is steady. The lamb market is weak, though a good demand continues. Competition amongst holders of lamb to clear their stocks lowered values. Average price to-day for New Zealand lamb : Canterbury brand, 4£d per Ib ; brands other than Canterbury, 4£d per Ib. The beef market is quiet and steady. Average price to-day for hindquarters of New Zealand beef, 4j}d per Ib ; forequarters, 3£. Transactions in butter are very limited, at 97s per cwt ; Danish, 99a. The cheese market is steady at 66s per cwL.