Commercial

New Zealand Tablet, 7 December 1911, Page 2473

Commercial

PRODUCE Wellington, December 4. —The High Commissioner cabled under date London, December 2 (quotations, unless otherwise specified, are average market prices on the spot) : • Mutton.—Stocks of mutton on hand arc light, and firmly held in a few hands, but arc dull of sale in all qualities, the quantity going into consumption at present being very small. Quotations: Canterbury, 4-gd per lb; North Island, 4gd. Lamb. —A better tone in the market this week. The demand, is limited, but stocks are small, and supplies of Canterbury are nearly exhausted. Canterbury, Bid ; other than Canterbury, 4|d. Beef.—Market quiet and firm at an advance. New Zealand hinds, 4gd; New Zealand fores, 2|d. Pork. —Market weak and inactive; price, 4pl. Butter. Market firm; buyers are more reserved, on account of high prices. The value to-day is, for all descriptions, at about quotations already given, namely New Zealand, 132 s per cwt; Australian, 1295; Danish, 1375; Siberian, 1255; Argentine, 130 s. The shipment of butter ex Rotorua arrived in good condition. Cheese. —Market quiet, but firm. The shipment of cheese ex Rotorua arrived in good condition. Average price for the week for finest New Zealand cheese per cwt, 68s to 695; Canadian, 70s. Messrs. Donald Reid and Co. report: We held our auction sale of grain and produce at our stores on Monday, wlien values ruled as under : Oats. —There is steady demand for prime lines for shipment, and all coming forward are readily placed at late quotations. Medium qualities are also saleable in the local market, but are not so keenly competed for. Prime milling, 3s Id to 3s lid; good to best feed, 2s Hid to 3s Old; inferior to medium, 2s 9d to 2s lid per bushel (sacks extra). Wheat. —The market for milling sorts is quieter, as millers are not anxious to increase stocks. Whole fowl wheat is in fair demand at late values. Prime milling velvet, 3s 101 d to 3s lid; Tuscan, etc., 3s 91d to 3s lOd; best whole fowl wheat, 3s 8d to 3s 9d; medium, 3s 4d to 3s 7d; broken and damaged, 3s 3d to 3s lOd per bushel (sacks extra). Potatoes. —The demand is at zero, and it is difficult to place best sorts at 20s per ton, sacks included. Inferior sorts are unsaleable. Chaff. Prime oaten sheaf is in fair demand, partly for export but chiefly for local use. Medium and inferior samples are not in favor. Best oaten sheaf, £4 5s to £4 7s 6d; medium to good, £3 15s to £4 2s 6d; light and discolored, £3 5s to £3 10s per ton (bags extra).

Messrs. Dalgety and Co. report as follows: We held our auction sale of grain and produce at our stores on Monday, when we offered a large catalogue to the usual attendance of buyers. The demand for chaff and potatoes was very quiet. The following are quotations: Oats. There has been slightly more oats on offer lately, but they have all met a fair demand. Any small lines arc readily placed to the local trade. Prime milling, 3s Id to 3s lid good to best feed, 3s to 3s Id medium, 2s 10d- .to 2s lid; inferior, 2s 8d to 2s9d per bushel (sacks extra). Wheat. — market remains in the same quiet state. There is practically nothing offering, and the millers are

not operating. Quotations, therefore, are nominal. Best velvet, 3s lOd to 3s lid; best Tuscan and velvet ear, 3s 9d to 3s 9id; medium, 3s 8d to 3s 9d; best whole fowl feed, 3s 7d to 3s 8d; broken and damaged, 3s 3d «to 3s 6d per bushel (bags extra). Potatoes. — Supplies are much in excess of the demand, and at to-day’s sales fairly large quantities were offered. There was practically no demand, and the bulk of the offerings were passed in owing to lack of competition. Best table sorts, 15s to £1; medium and inferior, 10s to 15s per ton (bags in). Chaff.—The shipping demand has eased slightly. Prime quality only is inquired for, medium and inferior being without demand. Prime oaten sheaf, £4 5s to £4 7s 6d; good, £4 to £4 2s 6d; medium, £3 5s to £3 15s; inferior, £2 10s to £3 per ton (bags in). Messrs. Stronacli, Morris, and Co., Ltdo report for week ended December 5, as follows: Oats. —A good many lines have been offering lately, and as shippers find sales very hard to effect, prices are inclined to come back. Quotations: Prime milling, 3s to 3s Id; good to best feed, 2s lid to 3s; inferior to medium, 2s 9d to 2s lid per bushel (sacks extra). Wheat.—The market is exceedingly quiet, millers not being buyers. There is a good demand for whole fowl wheat. Prime milling velvet, 3s 10|d to 3s lid; red wheats, 3s 9Ad to 3s lOd; best whole fowl wheat, 3s 8d to 3s 9d; medium, 3s 4d to 3s 7d; broken and damaged, 2s lOd to 3s 3d per bushel (sacks extra). Chaff.—There is a fair demand for prime oaten sheaf, but shippers are not taking very much/ the chief demand being for local use. Medium and inferior lots very hard of sale. Quotations : Prime oaten sheaf, £4 5s to £4 7s 6d; medium to good, £3 15s to £4 2s 6cl; light and inferior, £3 5s to £3 10s per ton (bags extra). Potatoes.—There is no demand, and it is difficult to place even the very best sorts at £1 per ton (sacks in). Inferior sorts are quite unsaleable. # WOOL e . Mr. M. T. Kennedy, 217 Crawford street, Dunedin, reports as follows: Rabbitskins.—Prime winter does, 17d to 18d; second does, to 161 d; prime bucks, to 16d; incoming and early winter, 14d to 15d; autumn, 12d to 13d; racks, 7|d to 9d. Horsehair, 16d to 19d; catskins, 4d to 6d each. Sheepskins.—Halfbred, 6d to 8d per lb; fine crossbred, 5£ to 7d; coarse do., 5d to 6|d;.pelts, 3d to sd. Hides. —Sound ox, 6d to 8d; do. cow, 5d to 6£d; damaged ox and cow, 3d to 44d; calfskins and yearlings (sound), 64d to 9d. Horsehides, 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. Messrs. Stronach, Morris, and Co. report as follows: Rabbitskins.—Our next rabbitskin sale will be held on the 11th inst. Sheepskins.—Our next sheepskin sale will be held on the 12th inst. Hides. next hide sales will be held on the 7th and Bth inst. Tallow and Fat. —Competition has been very keen for all lines coming forward, and prices rule as follows: Prime mutton tallow, 23s 6d to 25s per cwt; medium, 20s to 22s 6d; inferior, 17s 6d to 20s ; best rough fat, 20s to 225; medium, 17s 6d to 19s 6d; inferior, 10s to 16s.