PRODUCE.

New Zealand Tablet, Volume XXXII, Issue 38, 22 September 1904, Page 13

PRODUCE.

London, September 16.— Wheat : The P^iropean markets did not respond freely to tjhe American rise. Cargoes are very firm. A cargo of 16,00,0 quarters of Australian, October shipment sold at 33/9 net. Another cargo of 25,000 quarters 'September-October shipment sold at 34/-. The American visible supply of wheat is 21,473,000 bushels. An Australian wheat cargo sold at 32/3, and 7000 quarte-s of September and October sjhipmesnt at 34/-. The butvtex market is firm, but trajde is qliiet. Danish (strong), 122/-, Victorian, 102/- to 104/-. New Squth Wales holders are asking 101/- to 1061b-. London, September 18.— Frozen Meat—Light Canterbury "sifeep/ 4''7-l(Jd/"tLight lambs,* s:£d. New Zealand beef: Q£fotes", %A% ox hinds, SM. River Plate fores 28 ! d ;.Juaris,_A 3-jj^d. New Zealand Hemp— Firmer ; fair Wellington September and November shipments, £2.9/10/-. The ChiQ^gQ andv^ew York wheat markets lust fiom 3c to^4<Wen «&a,tii<rday,' making seVen points from the high^€i|i r c§n : fc reached during'A«he>w,eeß. The increased AustriuiaTi ahiptheniTS' and weakness of the Minneapolis market- made the bears .heavy sellers. An Australian carg;o sold at 22/3, and 1300 quarters of Australian September and October shipments at 34/- net. 'Wellington, September 4 9 — The Department of Industries and Commerce has received the, following cablegr'am^rom. ttjie Agent-General, dated London, 1 7Uli in'st. — ' TheS3ftatl'dii"'mat3i#ti\ia with litytle doing, tout a good feeling prevails. There is a scarcity of prime quality' mutton, and heavy carcase's are dull of sale. The alverage price to J day for Canterbury mutton (light weights) is 4id per \h, and for heavy weights, 4|d per ft. The* average price to-day for other North Island brands of m'uttlon is 4d per lb. River Plate is quoted at 3£d per lb. The-lamb market is. steady, Ibut tlhe demand is only moderate. The average prices to-day for New Zfcalamd lamb are : Canterbury brands', s^ti per *b ; brands other' tTiail Canterbury, s|d per lb. The beef market is very weak, and supplies of American chilled beef are very large. A considerable quantity of New Zealand boef is being sold For ii rise in price. The average,' price to?jd,ay for, hindquarters of New Zealand beefJsJ3!|_per lb ;do forequarters, '2£d per lb. Quotations" 'lor ' New' Zealand beef are, however, nominal. There is keener demand for buMer, and signs of improvement- in the price. The avci age price to-day for choice New Zealand butter is f)f)s per cwt. A small quantity of winter make Australian has arrived, and is selling at 105s : Danish, 1225. There is good demand "for 'Cheese. . The avera-ge price to-day for finest New Zealand cheese is 43s per cwt.

„ jlnyejccargijl .prices current. — Wholesale — Butter farm, 7d ; separator, 9d ; butter, factory, pats, ll£d. Eggs, 7d per do/en. Cheese (factory), 6Jd. Hams, 0d. J Potatoes, £2 per ton (bags weighed in). Barley, 2/- to 2/6. Chaff, £2/6/- per ton. Flour,£lo/10 to £11/10. ,4atnieaL £9 to £9/10/-. Bran, £3/15/-. Pollard, £5. Farm,, butter, 9d ; separator, Hd ; butter (factory)", pats, 1/1. Eggrs, 9d per dozen. Cheese, Bd. Bacon, lOd. Hams, lOd. Potatoes, 3/6 per cwt. Flour : 2Qott>. 23/- ; 501 b, 6/6. Olatmeal : 50ft, 5/9 ; 25ft, 3/-. Pol^rd r 8/6 per bag. Bran, 4/6, Chaff, 1/6.

Mr. F. Meenan, Kin« street, Dunedin, reports :— Wholesale prices ' only— Oats : Milling, 1/6* to 1/8J ; feed, 1/- to 1/6. Wheat : Milling, 3/2 to 3/7 ; fowls, 2/8 to 3/1. Potatoes, £1 15s ; seed, £2 10s to £3/10/- ; chaff, £2/15/- to £3/15/- ; clover hay, £2/10/- " to £3. Straw : Pressed wheat, 35/ ; oaten, £2; loose, £2. Flour : Sacks, £10 ; 100 ft, £10/10/-; 50ft, £10/15; 25ft. £11. Oatmeal, £9/10/-. Pollard, £4. Bran, £3/5. ..T Butter,: Dairy, 8^ to 10d ; factory, lid. Cheese: Factory, 4sd ; dairy, l^d. 'Eggs, 9d. Onions : Melbourne, "ij£s/W-> . _____ Messrs Donald Reid and Co. (Limited) report :~ W.e 'held, our weekly auction sale of grain anid produce at chir stores on M'ondav, when we submitted an average catalogue to a small attendance of buyers. Btddinp •;,=«? as without spirit, and on this account many of^i^-Jotsß offered - -hscd to be 'passed in. Values as under :— Oats.—'There has been "better demarid for prime Gartons bright enough to be classed as A grade, but oats

of this class of otlher qualities have not much attention. B grade Sparrowbills have also met a fair demand, but no improvement in prices can be reported. Quotations : Prime milling fyid A grade, 1/7 to 1/8 ; good to best feed, l/5i to 1/6 ; medium to good, 1/3 to 1/5 per buyhel (sacks extra). Wheat —In view of late reports from outside markets holders are not disposed to reduce reserve**, hut as buyers decline to operate largely at present prices little business is passing. Fowl wheat is offering at slightly reduced values, and in this class more sales have been made. Quotations . Piimc milling, 3/7 to V 8 ; mpdfum 1,0 gpori, 3/4 to 3/6 . whole fowl whfeat, 3/1 to 3/2 ; broken and damaged, 2/9 to 3/- per bushel (sacks extra). Potatoes.— The market continues to be oVer-supplied, aiid alt sorts are more difficult to place on arrival. Up-10-Dates and 1 other w'hiie sorts "bulk largely in local ho Win gs, and these are more difficult to quit at a reduction on current values for Derwents. Quotations : Dest Derwents, 35/- to 37/6 ; others, 30/- to 32/6 ; white potatoes, 30/- to 35/- ; seed starts, 40/- to 60/- [ or ton (bags in). Chaff.— Most of the supplies coming to haind h,ave lean of meidrum quality, which n>ds no favor with buyers, and has slow sale at quotations. Prime oaten fheaf, although offering more freely, is in fair demand, md is the only class of chaff so^ugfit after. Quotations: Prime oaten sheaf, £3 to £3/7/6 ; good, £2/10 to £2 17/6 ; infeiri'or and modium, £2 to £2/7/6 per, ton (sack, 1 * extra). Turnips.— With better weather these have not the same attention, and values are a shade easier Quotations : Best swedes, 12/6 to 13/6 per s tan, loose ex truck. Pressed Straw —The market is moderately, supplied, and late values still ho I'd good*— viz. : Oaten, to 85/- ; wheaten, 28/- to 30/- per ton. Messrs. Stronaeh, Morris, and Co. report :— Wheat.— The demand has been slightly easier, but sellers are not inclined to come down. Quotations : iHriimje milling, 3/7 ha 3/8 ; medium to good, 3/4 to 1 3/6;| best wiholo fowl Wheat, 3/1 to 3/2 ; bridken and inferior, 2/9 to 3/-. Oats. — There is not much business doing, awl quotations j^emann about tihe same, namely : Prime milling, 1/7 to 1/8 , good to best feed, 1/5 to 1/6 ; medkim and inferior, 1/- to \ / \. Potatoes.!— Best Derwents, 35/- to 37/fi , others, 30/to 32/6. CMiafi — Prime oaten sheaf is in fair demand, and is worth £3 to £3/7/6 ; good, £2/10/- to £2/17/6 ; inferior, £2 to £/7/C per ton.