Commercial

New Zealand Tablet, 15 December 1910, Page 2059

Commercial

PRODUCE Wellington, December 11.—The High Commissioner cabled the following market report from London on December 10 (the quotations, unless otherwise specified, are the average market prices on spot): Mutton. Market quiet, and stocks of New Zealand on band light. The market has been unfavorably affected by the stocks of Argentine mutton on hand, which are heavy and widely distributed amongst agents, who are pushing sales. Canterbury mutton is quoted at lid: North Island, 3|d; River Plate, 3d. Lamb.—Market firm. There is every reason to expect a decline, as large shipments are arriving. Australian, s|d. Beef. —Market weak and inactive. New Zealand hinds, 3Jd; fores, 2|d. Butter. —Market becoming more depressed on account of arrivals, which are increasing rapidly. The shipments of butter and cheese ex Tongariro arrived in good condition. Choicest New Zealand, 109 s; Danish, 117 s; Siberian, 103 s; Australian, 101 s; and Argentine, 106 s. Cheese.—Market firm, especially for colored, the supply of which falls short of the demand. New Zealand colored, 575; white, 565. Hemp. The market is very depressed and there is little demand. New Zealand, good fair, on spot, £22; fair grade, £2O 10s; fair current Manila, £l9 10s; forward shipment, about the same. The output from Manila for the week was 20,000 bales.

Messrs. Donald Reid aud Co. report as follows: We held our weekly auction sale of grain and produce at our stores on Monday. We submitted a full catalogue of grain and produce, which met only moderate competition from the buyers present. Values ruled as under: Oats.—During the past week there has been a slight slackening in the demand, and the prices ruling last week are not obtainable to-day, except for small quantities. Shippers who were keen buyers of lines at country stations show no disposition to operate at late prices, and are not disposed to make offers for lines to come forward \\e quote: Prime milling, 2s 4d to 2s od; good to best feed fs 2*d to 2s 4d; inferior to medium, 2s to 2s 2d per bushel (sacks extra). _ Wheat.—Business in Tuscan wheat has been somewhat quiet, and the same may be said of all classes in medium quality. Prune velvet and velvet ear have some inquiry at prices on a level with late values. Fowl wheat is comparatively scarce and in fair demand. Quotations Prime milling velvet. 3s lOd to 4s; velvet ear, 3s 8d to 3s 8-Jd • Tuscan, etc., 3s 7d to 3s 8d; medium milling, 3s 6d to* 3s bid; * best whole fowl wheat, 3s 4d to 3s sd; medium, 2s ii to ,3s 3d; broken and damaged, 2s 3d to 2s 9d per bushel (sacks extra). Potatoes—No consignments of old potatoes have been coming forward, and the season for these is practically °y er -„ A f £W lots of now potatoes on offer have been selling at £lO to £l2 per ton, according to quality and condition! Chaff.— I.he market is only moderately supplied. There is a good local demand for prime oaten sheaf, which is readily saleable on arrival, but lower grades have not the same attention, and are somewhat difficult to quit Quotations: Prune oaten sheaf, £5 10s to £5 12s Gd; medium to good, Li los to £o os per ton (sacks extra).

Messrs. Dalgety and Co. report as follows: We held our usual weekly auction sale of grain at our » stores on Monday. There was a very small attendance of A buyers but there was not much on offer, and we sold mostly everything as follows: Oats.—There is very little change. The market is bare of supplies, but the demand is entirely local, and consign-ments-are being worked' off in small lots. Prime milling 2* 4d to 2s 4*d; good to best feed, 2s 2d to 2s 3Jd; inferior to medium, Is lOd to 2s Id per bushel (bags extra). Wheat.—The demand still continues good. All prime nulling lines meet a ready sale, but very little is offering.' J* owl feed is scarce, and is very quickly sold. Prime velvet 3s lOd to 4s; prime velvet ear and' Tuscan, 3s 7d to 3s

8d; medium velvet ear and Tuscan, 3s 5d to 3s 6d; whole fowl reed ,3s 3d to 3s sd; broken and damaged, 3s to 3s 2d per bushel (bags extra). Potatoes.—Old potatoes have now ceased coming forward, and there were none of this description offered at to-day s sale. The only demand is for new sorts, which are worth from 12s to 16s per cwt, according to quality. Uiaff.—The market is almost bare of supplies. Prime quaMy meets a ready sale at quotations, but medium quality is more difficult to dispose of. Prime oaten sheaf, £5 7s od to £5 12s 6d; medium to good, £4 17s 6d to £5 ss; inferior and light, £3 10s to £4 10s per ton (bags extra).

Messrs. Stronach, Morris, and Co., Ltd., report for week ending December 13 as follows: Oats.—The demand has eased off somewhat during tho past week and last week's prices are not maintained. Owing to the further rains northward speculators are not disposed to buy Quotations: Prime milling, 2s 4d to is 5d- good to best feed, 2s 2Jd to 2s 4d; inferior to medium 2s to 2s 2d per bushel (sacks extra). Wheat —There is very little business passing, as millers are not disposed to buy. Prime velvet and velvet ear are most inquired for. Quotations: Prime milling velvet, 3s lOd to 4s; velvet ear, 3s 8,1 to 3s B}d; Tuscan, % 7d to Sw 5 wu n l lUl rP' 3S P to 3s 6 " d ; be «t whole fowl wheat, 3s 4d to 3s sd; medium, 2s lOd to 3s 3d; broken and damaged 2s 3d to 2s 9d per bushel (sacks extra). is . iSs'Tnnof re i 1S n °f * much .coming forward, and there is a good local demand for prime oaten sheaf. Inferior quality has not the same inquiry. Quotations: Prime oaten sheaf, £o 10s to £5 12s 6d; medium to good, £4 108 to £o 5s per ton (sacks extra). S ' * iUB Potatoes.—There are no old potatoes coming forward now, new hues bringing from £lO to £l2 10s per ton according to quality. l * WOOL nnr+J 1 ,; Si T " Kennell >"> 217 Crawford street, Dunedin, reports as follows : ' . Kabbitskins -Winter does, 26d to 30d per lb; winter bucks, 16d to 18d; incoming autumns, 14d to 17d ; racks 8d to lOd. Horsehair, 16d to 19d; catskins, 4d to 6d each! bred S e ?o k^ $ -~ Half^od^ 1 6 ¥ ft M P er 1!,; fi »° bied, 6d to Bdj coarse do, 5d to 7d; pelts, 3d to sd. Hides.—Sound ox, 6d to 8d; do cow, 5d to 6*d; dam6'fd to X 9d COW 3d t 0 m '' CalfskiuS and darlings (sound), iq Jallow.— Best 11 casks to 26s per cwt; do, 21s; mixed ISs to 20s; rough fat, 16s to 20s. ' ' . . ' «"a.ou, Prompt returns. No commission. Messrs. Stronach, Morris, and Co. report as follows: Rabbitskins.—Our next sale is fixed for the 19th inst Tuesday: P 20th S -i; s O t Ur nGXt ****** Sale WiU be held ft day tt^f- 0111 * llext hide sale will take place on Thursuaj, lotn inst. . Tallow and Fat.—There is very little change to report in the tallow and fat market, although prices are incl ned to ease somewhat in sympathy with the London market Best rendered tallow (in casks) is worth from 26s to 28s 6d; in tins, 22s 6d to 265; medium to good, 19s to 22s *ZXV&V 2s 6d; medium t 0 good > 18s to S;