Commercial

New Zealand Tablet, 7 September 1911, Page 1745

Commercial

PRODUCE . WELLINGTON, September 4. The High Commissioner cabled from London on September 2 (the quotations unless otherwise specified are the average market prices on spot): Mutton. Market quiet; unfavorably affected by large arrivals and low prices of chilled beef. Canterbury, 3|d; North Island, 3|d. Lamb. —Market steady; good demand for all lamb ; stock moderate. Canterbury, s|d; other than Canterbury, fid. Beef.—Market very dull. Supplies of American chilled beef are large, and selling at 3§d for hinds and 2|d for fores. Butter. Market quieter. The suppliesthat were not obtainable here on account of the strike are now available. Australian, 120 s; Danish, 1325; Siberian, 116 s. Cheese.—Market firm at an advance. New Zealand, 665. The supplies of New Zealand cheese are nearly exhausted. The cheese prospects for next season are encouraging. Hemp.—The market continues dull. New Zealand good, fair, on spot, per ton £l9 10s; fair grade, £l9 ; fair current Manila, £2O. The output from Manila for the week was 15,000 bales.

Messrs. Donald Reid and Co. report: Oats. The quantity on offer is very limited, while for all sorts there is strong demand. Every lot sold under keen competition at a slight advance on late values. Prime milling, 2s 9d to 2s-9|d; good to best feed, 2s 8d to 2s 9d ; inferior to medium, 2s 6d to 2s 7ld per bushel (sacks extra). Wheat.—The market is strong, but in the absence of offerings little actual business is passing. Fowl wheat is scarce, and has good inquiry. Prime milling velvet, 3s 9-|d to 3s lOd; Tuscan, etc., 3s 81,d to 3s 9d; medium, 3s 7|-d to 3s 8d; best whole fowl wheat, 3s 6d to 3s 7d; medium, 3s 3d to 3s fid ; broken and damaged, 2s 9d\ to 3s 2d per bushel (sacks extra). Potatoes. Consignments are coming forward steadily, and values are somewhat easier. We submitted 10 trucks (southern-grown Up-to-Dates), which met fair competition, and sold at—for best, £2 15s to £2 17s 6d; medium, £2 10s to £2 12s 6d; inferior are worth £2 to £2 5s per ton (sacks included). Chaff. There is ready sale for prime oaten sheaf at quotations. A quantity of medium chaff is coming forward, which meets with little demand. Best oaten sheaf, £4 2s 6d to £4 ss; choice, to £4 7s 6d; medium to good, £3 15s to £4 ; light and discoloured, £3 5s to £3 12s 6d per ton (bags-extra).

Messrs, Dalgety and Co. report as follows Oats.—Stocks in store are now almost exhausted, and very few are being offered by growers. There is a very keen demand for local consumption and shipment, and values remain firm at late quotations. Prime milling, 2s B|d to 2s 9|d; good to best feed, 2s 7hd to 2s 9d; inferior to medium, 2s sid to 2s 7|d per bushel (sacks extra). Wheat.—This market continues strong, with very light offerings. There is a strong demand for all descriptions at prices on a par with last week’s rates. Prime velvet, 3s 9d to 3s lOd; prime Tuscan and velvetear, 3s B|d to 3? 9d; .medium, 3s 7d to 3? 8d; best whole

fowl wheat, 3s 5d to 3s 7d; inferior to medium, 3s Id to 3s 5d per bushel (bags extra). , Potatoes. This market is considerably weaker than last week. . There is no local demand, and values have now receded to shippers' limits, at which price there' is a fair inquiry. Choice up-to-dates, £2 10s to £2 12s 6d; good, £2 7s 6d to £2 10s; medium, £2 2s 6d to £2 7s 6d; inferior, £1 17s 6d to £2 2s 6d per ton (bags in). . •. ~ \. Chaff remains as quoted last week, with a little better inquiry. Prime oaten sheaf, £4 ss; medium to good, £3 15s to £4; light and discolored, £3 5s to £3 15s; straw chaff, £2 to £2 10s per ton (bags extra). .

Messrs. Stronach, Morris, and Co. Ltd., report for week ending September 5, as follows: Oats.—There are very few offering and prices are very firm. Quotations: Prime milling, 2s 9d to 2s 9|d; good to best feed, 2s 8d to 2s 9d; inferior to medium, 2s 6d to 2s 7§d per bushel (sacks extra). Wheat. There is very little business being done, owing to the small quantity offering. There is good inquiry for fowl wheat, which is very scarce. Quotations: Prime milling velvet, 3s 9id to 3s lOd; red wheats, 3s B|d to 3s 9d; medium to good, 3s 7|d to 3s 8d; best whole fowl wheat, 3s 6d to 3s 7d; medium, 3s 3d to 3s sd; broken and damaged, 2s 9d to 3s 2d per bushel (sacks extra). * Chaff. Large quantities are still coming .forward, but prime "quality is still selling at late quotations. Medium and inferior is neglected. Best oaten sheaf, £4 2s 6d to £4 55.; medium to good, £3 15s to £4; light and inferior, £3 5s to £3 12s 6d per ton (bags extra). Potatoes.—Owing to the large arrivals prices are easier. Quotations: Prime up-to-dates, £2 10s to £2 15s; medium to good, £2 7s 6d to £2 10s; inferior, £2 to £2 5s per ton (sacks in).