PRODUCE.

New Zealand Tablet, Volume XXXII, Issue 46, 17 November 1904, Page 13

PRODUCE.

London, No\ember 11.— The wheat markets are firm but quielt, ana cargoes are inactive Australian near arrival is quoted at 33/- , October-November shipment, 66/ i to A 6/ (i , January-February shipment, V-S/fi r l he American visible supply is 48,752,000 bushels. Butter.— Quiet. Danish, unchanged ; Victorian 100/to 102/- ; New South Wales, 98/- to 100/- ; Queensland and stored New Zealand, 91/-. London, November 13.— Wheat : Three cargoes of Viictonan sold at 33/-. Fro/en Meat : Mutton— Canterbury, light, 4-gd ; medium, 4*d ; heavy, lid ; Dunedin Wjid Southland 4*d • No-th Island, 4|d lo 4\&. Lamb— Canterbury, 53d • Dunpdni and Southland, none ofiermg. New Zealand beef— Ox foies, 2 3-1 6 d ; hinds, 2£d. River Plate slieep —Heavy, 33' d3 3 d ; light, 3 9-16 d. Beef— Ox fores, 2 1-lOd-hinds. 2gd. Wellington, November 14.— The Department of Industries and Commerce has received the following cablegram from the Agent-General, dated London, November 12— Mutton: The market is dull, owing to largo supplies of cheap beef and a depressing market/ At the same time prices are slightly firmer, owing, to small quantities expected from New Zealand. Average price— Canterbury, 4^(l per Hi , Dunedin, Southland, and W.M.E. Company brands, 4}d ; other brands North Island mutton, 4d , ewes, d£d. Average price to-day Rivei Plate, 2id. The stocks of lamb are light. There is a better demand. Average price to-day New Zealand lamb— Canterbury brand, 5Jd , brands other than Canterbury, s£d. Beef : The market is very dull at present, and supplies exceed requirements Average price to-day— Hindquarters New Zealand beef, 22 a t d ; forequartcrs, 2.^d , quotations are nominal. River Plate beei is being pusthed for saleHindquarters, 2^d ; fores, 2d. The butter market is steady, an'i there is no change in prices to report. The dheese market is uncertain. Prices aie firm owing to speculative demand Canadian, 48/-. Hemp : The market is firm. Prices for New Zealand hemp, good fair Wellington grade, on spot to-day, ■ £.31 ; January to March shipments, £30/10/-. Tnverrargill prices current.— Wholesale — Butter farm, fid ; senarator, 8d ; butter, factory, pats, lO.id. Eg#s, 8d per do>/en. Kiheese (factory), fiijd. Hams, 9d Potatoes, £1/15/- per ton (bags weighed in). Parley,' 2/- to 2/6. Chaff, £2/5/- per ton. Flour, £lo/10 to £11/10. Oatmeal, £8/10/. to £0. Bran, £3/15/-. Pollard, £:>. Retail— Farm butter, £d ; separator, lOd ; butter, factory), pats, 1/-. Cheese, 6d to 8d Eggs, lOd per do/. Bacon, 9d. Hams, lOd. Potatoes, 3/G per cwt. Flour • 2001 b, 23/- ; 5Mb, 6/6. Oatmeal : 501 b, 5/3 ; 251 b, 2/9. Pollard, 8/6 per bag. Bran, 4/6. Chaff, 1/6. Mr. P. Meenan, King street, Dunedin, reports •— Wholesale prices only— Oats : Milling, 1/fik to 1/8* • feed, 1/2 to 1/6. Wheat: Milling, ,3/2" to 3/7fowls, 2/8 to 3/1. Potatoes, £3/10/-; seed, £2/10/- to £3/10/-; chaff, £2/10/- to £3/5/-; clover hay, £2/10/to £3. Straw : Pressed wheat, 35/- , oaten, 35/- loo>e £2. Flour : Sacks, .£lO ; 1001 b, £10/10/-- 5,01 b £10/15251 b, £11. Oatmeal, £9/10/-. Pollard. £4 Bran, £3/5. Butter : Dairy. 8d to lOd ; factory, lid. Cheese : Factory, 1.3d ; dairy, 4 ld. Eggs, BJd. Onions : Melbourne, £13. Messrs. Donald Reid and Co. report as follows •... We held our weekly auction sale of gram and produco at ovir stores on Monday. There was a small attendance of buyers, but, with the exception of oats, lor which there was only moderate competition, nearly all lots on ofter were quitted at prices fully up to late quotations. Values ruled as under :—: — Oats.— Dunne the past week there has ibeen some little inquiry for prime Gartons for export. Good to best feed sparrowbills alsb received some attfefttion from shippers, but orders for these are chiefly supplied from the south at lower prices than holders "heTe care to accept. Medium and inferior have some demand, but very few are ottering. We quote : Prime milling, 1/6 J- to 1/7 ; good to best feed, 1/5 to 1/6 ; inferior and medium, 1/2 ' to 1/4 per bushel (sacks extra). Wheat.— ln milling quality the only sales passing ore in small lines of choice quality. Millpis a"c at present keeping; off the market, and holders of good wheat are not disposed to reduce their reserves. Medium quality is in the meantime neglected, but fowl wheat has fair inquiry for export, and, with plentiful offerings, shippers have little difficulty" in supplying their requirements. We quote : Prime milling, 3/6 to 3/9 ; medium

to good, 3/2 to 3/5 ; whole fowl wheat, 3/- to 3/1 • broken and damaged do, 2/6 to 2/10 per bushel (sacks extra). Potatoes.— Local stocks of good Derwents' are row much reduced, aad during last week all freshly-picKed lines sold readily at £2/5/- per ton. At oui auction sale on Monday, under strong competition, a decided use in values occurred, one line of good Taieri De--wents realising £3/16/- ; good ordinary Derweats, £3 to £3/10>/- per ton. (sacks in). I haft —Most of the chafl coming forward during the past week has been good ordinary quality, but nona specially prune For all good, bnghl, heavy oaten sheaf ( hatT the demand continues steady at late quotations, but lower qualities are not wanted, and are difficult, to deal witlh. We quote : Best oaten sheaf, £3/5/- to £3/10/- , medium to good, £2/10/- to £3 per. ton (bags extra). Prossod Straw.— Consignments are now arriving more frequently, and the exceptionally high prices reported last week have, to a certain extent, given way. Oaten straw is not oflenng freely, but wheat is more plentiful, and sells at 32/6 to 35/- per ton. Messrs. Stronach, Morris, and Co. report :— - Wheat.— The market is lifeless, buyers holding off for lower prices. There has been a large offering of second quality and fowl wheat, which is easier. Prime milling, 3/5 to 3/8 per bushel ; medium to good, 3/2 to 3/5' be.>t whole towl wheat, 3/- to 3/1 , inferior, 2/7 to 2/ 10. Oats.— The demand is small and quotations are— Prime milling, 1/6 to 1/7 per bushel ; good to best feed, 1/5 to 1/6 ; medium, 1/3 to 1/H ; inferior, 1/1 to 1/2. Potatoes.— Have risen considerably and are now worth— Best Derwents, £3/5/- to £3/15/-; others, £2/15/ to £3/2/6 per ton. Chart.— 'me market is easier and to-day's quotations are— Best oaten sheaf, £3/2/(5 to £3/7/6 per ton ; medium to good, £2/15/- to £3 ;, inferior, £2 to £2/10