Commercial

New Zealand Tablet, 15 June 1911, Page 1101

Commercial

,< PRODUCE Wellington, June 12. The High Commissioner cabled from London on June 10: Mutton. —Market steady, and moderate demand. Holders are firm. Quotations: Canterbury, 3|d ; North Island, 3fd. Lamb. Good demand for all lamb. An endeavour is being shown amongst holders to raise the price of lamb. Quotations: Canterbury, 4|d; other than Canterbury, 4|d. Beef. — Stocks,of New Zealand beef on hand are light, in consequence of which prices are firmer. Supplies of American chilled beef are large. New Zealand hinds, 3|d ; New Zealand fores, 2|d. The butter market is favorably affected on account of the dry weather, and there is a better demand. Choicest New Zealand butter, 105 s per cwt; Australian, 98s: Danish, Ills; Siberian, 98s. The cheese market has recovered, and there is . a better demand. Average price for the week for finest New Zealand, 58s. ' t “' Hemp.—Market steady, and prices . well maintained, with a better demand for forward delivery. New Zealand good fair, on spot, £2l per ton ; New Zealand fair grade, £2O; fair current Manila, £2O; forward shipment— New Zealand good fair £2l 10s, fair grade £2O os, fair current Manila £2l. The output from Manila for the week is 25,000 bales. _ The - wheat market is very quiet, with nothing doing. Prices are nominal. New Zealand long-berried wheat, exgranary, on spot, per quarter of 4961 b, 36s ; short-berried, 355. Oats. —The market is quiet but steady. New Zealand oats: Short sparrowbills, ex granary, on spot, per quarter of 3841 b, 20s fid; Danish, per quarter of 3201 b, 17s Gd. Beans. The demand has considerably fallen off. New Zealand beans, f.a.q., old crop, per 5041 b, 355. Messrs Donald Reid and Co. reports: We held our weekly auction sale of grain and produce at our stores on Monday. There was a good attendance of local buyers, but competition was not keen,' and only a part- of the offering was sold at auction. Values ruled as under; Oats.— is strong inquiry for good to prime feed lines suitable for shipment. The market, however, is poorly supplied with these at present, and any lines offering for delivery over line are readily taken at quotations. Seed samples also have more inquiry. Quotations: Prime milling, 2s 5d to 2s 5Ad; good to best feed, 2s 4d to 2s 4^d; inferior to medium, 2s Id to 2s 3.Hi; seed lines 2s 6d to 2s 9d; special lines, to 3s 3d per bushel (sacks extra). Wheat. — market is quiet. The bulk of the season’s cropjias now been disposed of, and the quantity now offering is therefore small. Millers, although not keen buyers, are still open to take prime lines, and have a preference for prime velvet. Fowl wheat is in fair demand at quotations. ' Quotations; Prime milling velvet, 3s Gd to 3s 61d; Tuscan, etc., 3s 5-4 dto 3s fid; medium, 3s 5d ; best whole fowl wheat, 3s 3d to 3s 4d; medium, 3s to 3s 2d ; broken and damaged, 2s 4d to 3s lOd per bushel (sacks extra). Potatoes.—The market continues to be well supplied, and as the export demand is not very strong prices are a shade easier. Prime seed lines are in fair demand if well picked. Quotations ; Best table potatoes, £3 15s to £3 1.7 s fid; choice, to £4: medium to good, £3 5s to £3 12s fid; inferior, £2 IDs to £3 per ton (bags included). Chaff.—The recent rain has caused-supplies to slacken; but there is so much offering ex stores that prices have mot been affected. Prime quality is the only class meeting any demand. _ Quotations: Best oaten sheaf, £4/ 2s fid to £4 ss; medium to good, £3 10s to £4: light and inferior, £3 to £3 17s fid: wheat straw chaff, £2 ss, oaten, £2 10s per ton (bags extra). , Straw. —Quotations: Oaten, 40s to 42s fid; wheaten, 27s to 28s per ton (pressed). . ; Turnips.—Quotations: Best swedes, 20s to 22s fid per ton (loose, ex truck).

Messrs. Dalgety and Co. report having held their usual weekly auction sale of grain- and produce at their stores on Monday, 12th inst., when they offered : a largo catalogue to the usual attendance of buyers. ’ Competition was.only medium, and prices were as follow : :x , . Cats.—J here is, still keen demand both on behalf of shippers and the local trade. . There are practically no consignments going forward, and any lines coming to hand aie quickly absorbed by the local trade. Quotations; Prime milling, 2s 4Jd to 2s sd; good to best feed, 2s 4d to -' s 4HI; inferior to medium, 2s to 2s 3d per bushel (bags extra). ' . ° _ V heat. Owing to the drop in the London market business is very quiet here. Prime velvet is scarce, - and is saleable at quotation, but medium milling is not inquired : tor unless, at prices below those lately ruling. Fowl, feed is fairly scarce, and is being sold in small lots to the produce merchants. " Quotations: Prime velvet, 3s ■ fid to 3s 6,1 d; velvet-ear Tuscan, 3s 4.1 d to 3s s|d; whole fowl wheat, ,3s H to 3s 3-J-cl; broken : and' damaged, ' 3s to 3s Id per bushel (sacks extra). ' ;• . ' . Potatoes. Fair supplies, still continue to arrive, but the quality is hardly of the best. Best table sorts are bringing from £3 15s to £4. while medium quality is practically unsaleable, and quotations throughout are purely nominal. Quotations; Medium to good, £3 os to £3 10sinferior, £2 to £2 15s per ton (bags in). , . ’ Chaff. There is still a large quantity on offer,-and only prime quality is saleable, medium being quite out if request. Quotations: Choice oaten sheaf, £4 to £4 2s fid ■ prune to good, £3 10s to £3 17s fid; straw chaff, £2 5s to £2 10s per ton (bags extra). Messrs Stronacb, Morris and Co. (Ltd.) report for week ending May 13, as follows: - Oats. 1 here is a keen demand for both local requirements and shipping, but there are very few lines being offered.- There is also good inquiry for seed samples. Quotations; Prime milling, 2s 5d to 2s old ;- good to best feed, 2s 4d to 2s 4|d; inferior to medium, 2s Id to 2s 3id; best seed, 2s fid to 2s 9d per bushel (sacks extra). Wheat. —Business is very quiet here, and reports from the London market have not been favorable. , Very few millers are operating, and are not inclined to give farmers’ prices. Quotations: Prime, velvet, 3s Gd to 3s Gkl; Tuscan. 3s od to 3s fid: medium to good, 3s 4d to 3s sd; best whole fowl 'wheat,' 3s 3d to 3s 4d; medium, 3s to 3s 2d; broken and damaged, 2s 4d to 2slod per bushel (sacks extra). Chaff.—There is hardly so much coming forward, but as there is such a. quantity of chaff in store prices have not firmed. There is very little demand for anything but prime quality. Best oaten sheaf, £4 2s fid to £4 ss; medium to good, £3 10s to £4; light and inferior, £3 to £3 7s fid per ton (sacks extra). Potatoes. Large consignments are coming forward, and as there are very few lines being shipped, prices have eased. Quotations : , Best table potatoes, £3 15s to £3 17s fid; medium to good, £3 os to £3 12s fid; inferior, £2 10s to £3 per ton (hags in). Straw. Quotations: Oaten, 40s to 42s Gd; wheaten, 27s to 28s per ton (pressed). WOOL Mr. M. T. Kennedy,, 217 Crawford street, Dunedin, reports as follows: _ ' Rabbitskins. —Prime winter does, 17d to 18d ; second does, to IGjd; prime, bucks, to 16d; incoming and early winter, 14d to lod; autumn, 12d to-13d; racks, 7£d to 9d. Horsehair, 16d to 19d ;' catskins, 4d to Gd each. Sheepskins.—Halfbred, fid to 8d per lb; fine crossbred, s*d to 7d; coarse do., 5d to fikl; pelts, 3d to sa. Hides.—Sound ox, fid to 8d ; do. cow, 5d to 6Jd; damaged ox and cow, 3d to'4Jd; calfskins and yearlings (sound), fikl to 9d. Horsohides, 8s to 14s each. Tallow. Best in casks, to 26s per cwt; do., 245; mixed, 18s to 20s; rough fat, 16s to 20s. # - Prompt returns. No commission. ' Stronach, Morris & Co., Ltd., report as follows: Rabbitskins.- — again offered a very large catalogue at yesterday’s sale,. Bidding on the lower grade skins was not so keen, and prices showed a slight decline. All prime winter and incoming sold up to last week’s rates. Quotations: Winter does. 17Jd to 18d; bucks, ,lod to 15Jd ; early winters, 14R1 to 15-id; incoming, 14d to 141 d; autumns, 124 d to 13d; early autumns, lid to 12d ; racks, BRI to 91; light racks, 7ld to 8d: small, 4ld to s ld; hawk torn, sjd to 9id;’winter blacks, 15k> to 18d: incoming blacks, 14d to 151 d; catskins, to sd; horsehair, 181 d to 19d. Sheepskins. —We held our weekly sale to-day, when wo offered a medium catalogue. Prices throughout were practical! v unchanged. Best half bred brought from 7kl to 8kl; medium to good, fikl to 7cl; inferior, 4kl to sid":. best fine crossbred. fi’d to 74d ; medium' to good, 6kl to 64; coarse crossbred, 6-id to Gkl : medium to good. 4kl to 5^ • lambskins (best), 64d to 7ld: good, 5-kl to Gkl;. pelts, 54 to Gkl • medium to good, 4Jd to sd : inferior, 3d to 4d; best Merino’ fid to fi-4d ; medium to good, 4kl to 51d. Hides.—We held our fortnightly sale on Thursday, Bth inst., when we offered a good catalogue to a large attendance of buyers. Heavy hides showed a sharp advance of

from $d to |d per lb', whilst medium and light weight sold practically at last week’s rates. Calfskins were also in good demand. Our top price for ox hides was B|d, and for cow 6£d. Quotations; Prime stout heavy ox, 7£d to Bfd; stout heavy, 7Jd to 7|d; medium weight, 6|d to 7fd; light weight, 6d to 6J; heavy cow, 6d to 6;}d; medium, 6d to 6Jd ; light, 6d to 6Jd; inferior ox and cow hides, 4£d to 5Jd; cut and slippy, 4d to 6d; bull and stag hides, 4£d to 4|d ; calfskins, 7|d to B|d for best,. 6d to 7d for medium and inferior; yearlings, 6Jd to 6|d. Tallow and Fat.—There is very little coming forward, and prices are unchanged. LIVE STOCK DUNEDIN HORSE SALEYARDS. Messrs. Wright, Stephenson, and Co. report: We offered a medium yarding of horses on Saturday to the usual attendance of buyers. There were only three mares forward, but there were several nice clifty geldings, although none of them was heavy enough for town contractors’ work. We report the following sales for the week: —Bay gelding, 4yrs, £45; bay gelding, syrs, £42; bay gelding, 3yrs, £3B*; bay gelding, 4yrs, £32; bay gelding, 4yrs, £26; bay gelding, 4yrs, £25; bay mare, 4yrs, £SO; bay mare, 3yrs, £47 10s; bay mare, 3yrs, £45; bay mare, 4yrs, £4O; two snring-carters, at £lO and £2l; bay mare (light), £32. We quote: —• Superior young draught geldings, at from £4O to £45; extra good ditto (prize-winners), at, from £45 to £SO; superior young draught mares, at from £SO to £6O; me* dium draught mares and geldings, at from £3O to £4O; aged, at from £lO to £ls; strong spring-van horses, at from £25 to £3O; strong spring-carters, at from £lB to £25; milk-cart and butchers’ order-cart horses, at from £ls to £2O; light hacks, at from £8 to £l3 ; extra "good backs and harness horses, at from £l3 to £25; weedy and aged, at from £5 to £7.