PRODUCE

New Zealand Tablet, Issue 3, 6 August 1908, Page 17

PRODUCE

Wellington, Augubt 3. — The following cablegram has been received from the High Commissioner, dated London, August

Mutton. — The market is dull, and trade ver) disappointing, there being only a very hand-to-mouth demand. The supply exceeds the demand. Quotations : Canterbury mutton, 4d ; North Island, 3£d ; River Plate, 3-^d. Lambs : The market is a shade weaker, but there is a good demand for prime qualitjlamb. Stocks on hand are heavy, and are being widely distributed amongst agents, who are pushing sales. Canterbury brands, 53d for heavy weights ; other than Canterbury, 53d. Beef. — The market is quiet, and stocks of New Zealand brands on hand are light. The weather lately has been unfavorable to the sale of beef. Quotations : Hindquarters, 4d ; forcquarters, 2|d. Butter. — The market ib quiet, but firm. Supplies are "ncreasing, but there is good demand, and no stock is accumulating. The prospects for next season are encouraging. Choicest NewZealand butter is quoted at ji6s; Danish, 1225; Siberian, 108s; and Canadian, 116s per cwt. Cheese. — The market is quiet, but steady. Quotations : Colored makes, 595; white, 62s per cwt. Hemp. — The market is dull. Very little business is doing, and there is no change in prices to report. Cocksfoot Seed. — Market unsettled and speculative. American crops are being offered, and it is anticipated that the crop will fall short of the estimate. Nominal quotations : American, 80s; .New Zealand, 85s for bright, clean 171 b seed. The hop market 5s dull, owing to the English crop promisinjf well. The following shipments arrived from River Plate duriog July: — London: Mutton, 187,911; lamb, 27,815. Liverpool: Mutton, 125,869; lamb, 4478. Hull: Mutton, 12,344; lam 1 ), 1250. , Newcastle : Mutton, 14,001 ; lamb, 1455. Cardiff : Mutton, 21,667; lamb, 391. Plymouth: Mutton, 820; lamb, nil. Messrs. Dalgety and Co., Ltd., report as follows:— We held our usual sale of grain and produce at our sto<<;s on Monday, when we submitted an average catalogue to a good attendance of buyers. Competition throughout was fairly brisk, and a good number of our offerings were" cleared at auction at valuations. Values ruled as under : Oats. — There are no fresh featuies to report. A few holders continue to force their lines upon the market, and as merchants carry fair stocks and are not prepared' to purchase unless at a considerable reduction, values are slightly easier than at outlast report. We quote : Seed lines, 2s 6d to 9d ; prime milling, 2s 2d to 2s 2^d ; good to best feed, 2s id to 2s rjd' ; inferior to medium, is nd to 2s per bushel (sacks extra). Wheat.— Business is quiet in this.market, millers .declining to operate at Jhe advances lately asked by holders. Fowl wheat has moderate inquiry. We quote: Prime milling, 4 s 3d ,to 4s 4£d; medium to good, 4s 2d to 4s 2^d ; fowl wheat, 4s to 4 s i,}d; broken and damaged, 3 s 4 d to 3i 9 d per bushel (sack* extra). - • -~

Potatoes.— The, market is easier. Arrivals are fairly heavy, and -as shippers are not over-keen operators in any but choice lines, values for medium to inferior sorts show a marked decline Choice lines in Up-to-Dates realise £4 2s 6d, whilst prime

Derwents bring to £4 ?s 6d. . £-hese figtkres also" indicaJLc ft considerable drop on late quotations. We quote-: Prime ;Derwents, £4 25.6 dto £a, 7s fid,; medium toj^good, 17s 6d lo £y, prime Up-to-Dates,^j&Kto^4 .2s' ,-6jd.'; -medium' to good, £3 i.Ss to;^3 17s. 6d; small' and inferior, 2s 6d and upwards per ton (bags in). . s V ~ - Chaff:— The ;markct is .over-supplied.- 7 The recent '.rejections on account of quality and on account of noxious weeds have had - the effect of making shippers chary to operate. We quote : Prime oaten sheaf, £4 to £4. ~2s 6dy ext^ Choice, to ss; medium to good, £3 15s .to 17s 6d; inferior and light, to £3 ios per* ton (bags extra). • ' ' ' f • r ' Turnips. —^^^e fluotc : "Best swedes, -2 is to .22s (loose, ex truck). I •■' ' ~ -\- .'..■■-

Stronach, Morris, and Co., Ltd., report ' for week ended August 4 as follows: — " ' \ \ ~* ' '-"' Wheat. — There is no business passing, as^jnHler.s are not' disposed to buy owing to the unsettled state of the market. Prime milling, ,4s 3d to 4s" 4d ; medium to good, 4s 2d to 4s 2hd; fowl wheat, 4s to 4s i-ja ; broken anef'drfmaged, 3s 4d to 3s gd per bushel (sacks extra). Oats. — There has been very little demand during the week for anything except A grade Cartons and-Sparrpwbills. Choice seed, 2s 6d to 2s iod ; good do, 2s .3d to -2s 6d ; prime mining, 2s 2d to 2b zid ; good to best feed, 2s id to 2s 2d ; inferior, is iod to 2s per bushel (sacks extra). Chaff. — The market has been over-supplied, and only prime quality has any demand; medium quality is hard of sale, but straw chaff is scarce, and is inquired for. Prime oaten, sheaf, 2s 6d to -£+ s s; medium to^gooii, £3- 10s to ,£4; light 'and inferior, £3 to £ 3 5s5 s ; oaten straw and chaff, £2 ios to £2 17s 6d; wheaten, £2 5s to £2 ios per ton (bags extra). Potatoes.— There arc large quantities corning forward, and shippers will only, buy .prime lines free from blight. Prime Derwents, £4 2s 6d to £4 7 s 6d; medium to good, £3 17s 6d to £+; best Up-to-Dates, £± to £* zs 6d ; medium to good, £3 Lo £3 i"s 6d ; small and inferior, £3 2s 6d to £2 10s per ton (bags in). Turnips.— Best swedes, 20s to 21s per ton (loose, ex truck).

Messrs. Donald Reid and Co. report :—: — <. - - ~ We held our weekly sale of grain and produce at our stores, Vogel street, on Monday. Our catalogue was made up of the usual lines of grain and produce in demand locally, but although there was a large gathering of buyers, bidding was not keen, and only a portion of- the catalogue was quitted at auction, the balance being passed in for private sale. Values ruled as under : Oats.— During the past week there has ,been fair demand for A and B grade Sparrowbills and A_ grade tons for export. Buyers are not disposed to make heavy " purchases, but as holders are not generally disposed to accept "current rates offerings arc not large, and nearly all oats "coming" into the abov& r grades are saleable at quotations. Lower grades and special classes of oats, such as feed, Danish, black oats, -etc.,' have little inquiry. Seed lines— clean, plump, and bright— are in fair demand. We quote: Choice ~ seed lots, .2s '6d to 2s i.od;,,good do, as^djito2s 6d ; prime moling, 2S zd to 2s 2 £d ; good to best feed, ~2s id to 2s i£d ; inferior, is iod to 2s per bushel "(sacks extra). Wheat. -^Loqal stocks are light, and" are chiefly medium quality, for whicji there is not much 'demand. Even" prime quality has not received the same attention from millers of late, and no. business of -any importance can be reported. Fowl wheat continues to move off slowly auW values. . .We ' quote : Seed lines, 4 s 6d to 4sj.iod; prime milling, 4 s 3 £d to 4V 4*d; medium' to good, 45',2d.,tp,4s 3d; whole fowl wheat, 4 s to 4 s Yd; broken ' and dAraa^ed, .3s. to 3s gd per,l>ushel (sacks extra). '*'' " Potatoes.-^Jijppers are not' operating freely, as ,' northern markets <k> not at present readily respond tp^their ' quotations. It is .therefore ,to effect sales on' the basis of late values.. .In -all cases buyers are very particular as to , quality and condition, and decline to ship any doubtful lines.-' - We 'quote ■ Best Derwents, .£ 4 to best Up-to-Dates, -to.^4 2 s ' 6d; choice, to .-£4.5*; medium, to good, to -j£ 3'lss3 '15s ; in-" ferior^.^2 ios fo -562,15s per ;tori (bags t included). ' •>

Chaff.— The market has-been well sullied with all sorts Only prime quality has ready sate, and^yen for .this the inquiry is not. quite so strongs Lower, qualities are' difficult to deal with, .but straw chaff is scarce; -and ; has ready sale. Oateiparticularly is, wanted. "We quote ; Prime oaten sheaf, '^4 'Js

6d to ss ; medium to good, £3 10s to £4 ; light inferior, to ss; oaten* straw chaff, £2 10s to £2 17s 6d j wheaten', £2 5s to £2 los per ton (bags extra). Turnips.— We quote : Best swedes, 20s to 22s per ton (loose, ex truck).