PRODUCE

New Zealand Tablet, Volume XXXV, Issue 47, 21 November 1907, Page 17

PRODUCE

Wellington, November 18.— The High Commissioner's - cablegram, dated London, N.ovember 16, reads thus :—: — v Mutton.— Market quiet, but steady. Stocks of New- Zealand light, and firmly held in few hands. River Plate mutton -is in -large supply, and being strongly pushed for sale;- Canterbury mutton, 3-Jd ; North Island, 31 d. Lambi— There is good demand for all lamb considering the lateness of the season. Canterbury and other than Canterbury, 5-g-d. Beef.— Market dull, and supplies of River Plate heavy. Hindquarters, 3^d ; forequarters, 2fd. Butter.— Market firm, and demand good in anticipation of small arrivals for some time', although buyers are holding back, expecting prices to go lower. Choicest New Zealand, 118s ; Australian, 117s ; Argentine, 117s ; , Danish, 122s ; Siberian, 110s. Cheese.— Market quiet, with less demand. -Canadian manufactures average 62s per cwt. Hemp. — Market .quiet and prices irregular, as the demand is principally speculative. New Zealand good, fair, on the spot, is quoted at- £30 ; fair, in the -same position, £28 10s (both nominal— nothing offering here). January-March shipments are quoted at good fair grade, £28 10s ; fair, £27 ; fair current Manila, £29 10s.

Invercargill . Prices Current : — Wholesale— Butter, (farm), -7d ; separator, Bd. Butter (factory), pats, Is . o£d. -Eggs, lOd per dozen. Cheese, 7d. Hams, 9d. Barley, 2s to 2s 6d. Chaff, £5 10s to £6. Flour, £14 10s to. £15 10s. Oatmeal, £17 10s to £18s. Bran, £5 155." Pollard, £6 10s. Retail— Farm butter, 9d ; separator, lOd. Butter (factory),' pats,. ls 2d. Eggs, Is. Bacon, lOd. Bran, 6s 9d. Pollard, 11s. Chaff, 3s 3d. Oatmeal, 50ft,- 10s; 25f1, 5s 3d. Flour, 200 ft, 31s ; 100 ft, lfls ; 501t>, 8s 6d,; 25ft, 4s 3d.

Messrs. Donald Reid and Co., report as follows :—: — We held our weekly auction sale of grain and produce at our stores on Monday. The attendance of buyers was fair, but competition was no.t spirited^and in consequence several lots, chiefly oats, had ■ to be passed in. Values ruled as under :—: — Oats.— The quantity coining forward is extremely limited, but in the absence of anything like a steady demand for export the stocks on hand in stores are sufficient to supply requirements. Quotations : Prime milling, 4s ; gnod to best feed, 3s lOd to 3s lid ; • inferior to medium, 3s 6d to 3s 9d per bushel ' (sacks extra) . Wheat.— A very limited business is being done in this market, and sales are confined for the most part to .lots of fowl wheat for local ufe. In milling quality there is practically no business passing. Quotations : Prime milling (nominally), 6s Id to> 6s 2d ; medium and whole fowl wheat, 5s lOd to 5s lid ; broken and damaged, 5s 3d to 5s 9d per bushel" - (sacks extra). - Potatoes. — For^spme tirre consignments have been pouring into this market, and as there has been absolutely %taopportuni-fcy o f effecting sales, stocks Jhave accumulalfll to a considerable extent. The season is now so Jar advanced tliat holders are not disposed to take the ,'risk of consignments l keeping in sound- condition, and In consequence a fair quantity was submitted to-day for absolute sale. Indifferent and unsound Jines were neglected, but freshly picked lots in sound condition realised £2 5s to £2 10s ; fair to good, £2 to £2. 2s 6d per ton. •

Chaff.— Moderate supplies are coming forward, and all bright heavy, oaten, sheaf chaff- has a ready sale on arrival. Medium and inferior sorts,- although saleable, have not the same demand. Quotations : Best oaten, sheaf, £6 7s 6d to £6 12s 6d ; choice, to £6 15s a medium to good, £5 15s to ' : £6 5s ; light and- discolored, ~£s to £5 10s per ton (bags extra). Straw. — Uaten is in moderate supply, and sells - ,at £2 "15s. to £3. Wheaten is scarce, and has good inqiiiry at £2 7s 6d to £2 10s per ton (pressed).-. Messrs. Stronach, Morris, and Co. report : — Oats.— There is very little coming forward, • but owing y'o the high prices the demand is limited, and quantities in store are - sufficient . to supply require-, ments. Quotations : Prime milling, 4s ; good to best feed, 3s lOd to 3s lid ;. inferior- to medium^ 3s 6d to 3s 9d per bushel (ex siore, sacks extra). Wheat.— There is very little business being done in wheat locally. " Quotations (nominal) : "Prime milling, .6s Id to" 6s 2d ; mediuim milling and fowl wheat, 5s lOd to 5s lid ; broken and damaged, 5s 3d to 5s 9d per bushel (sacks extra). " -Chaff,— Bright heavy oaten sheaf •is readily ' sold ex " truck ; medium.' and inferior sorts are not eagerly "inquired .after. -Quotations : " Best oaten sheaf, £6 7s 6d to £6 12s 6d ; extra, to £6 15s ; medium to good," £5 15s to £6 5s ;, light, £5.t0 £5 10s per ton (sacks extra). Potatoes.— Potatoes are^ unsaleable. The market has declined fully "30s -per ton' on last week's quotations. Prime Derwents, to £2 10s per 'ton-; good -Up-to-dates, £2 5s to £2 10s ; fair to medium, ~£2 to £2 2s 6d. . Pressed Straw,— Oaten, £2 15s to £3 ;' wheaten £2 - 7s 6d to £2 10s per ton.