Commercial

New Zealand Tablet, 9 May 1912, Page 29

Commercial

PRODUCE Wellington, May 6.—The High Commissioner cabled from London on May 4 (Note: The quotations, unless otherwise specified, are the-average market prices on spot) : Mutton. —Market quiet, " but steady. . Lightweights continue scarce, and command premium prices. Canterbury is not quoted officially. Prices are about the same as last week, viz., Canterbury, 4^d; North —light-weights 3fd, heavy-weights, 3|d. f Lamb. —Market very firm. There is a general and active demand. Shipments are now clearing as soon as they arrive. . Future prospects are good. Canterbury, s§d; other than Canterbury,’ s|d; River Plate, s£d. Beef. —Market firm ; good demand. New Zealand hind’s, 4§d; New Zealand fores, 3|d. Butter.—Market- somewhat steadier. Choicest New Zealand butter to-day, 110 s; Australian, 106 s; Argentine, 105 s; Danish, 113 s; Siberian, 106 s. Cheese. Market quiet; . rather steadier. New Zealand white, 695; colored, 70s. Hemp. Market firmer, with more demand. Spot: New Zealand good fair, £2l 15s; fair, £2O 10s. Forward, shipment same price. Fair current Manila: spot, £22 ; forward shipment, £22 10s. Wheat. The market is active, notwithstanding advices of heavy shipments. Nominal values: New Zealand long-berried wheat, ex granary, per quarter of 4961 b, 38s; short-berried, 375. Oats.—Market weaker. The tendency is downward, in anticipation of heavy arrivals. Messrs Donald Reid and Co. report as follows: We held our weekly .auction sale of grain and produce on Monday, when values ruled as under: Oats. Deliveries are now becoming more general, and all consignments coming forward in good condition meet with ready sale at prices somewhat in advance of late values. Prime Gartons and sparrowbills are in most favor, but all sorts are saleable. Prime milling, 2s 3d to 2s 3id; good to best feed, 2s 2d to 2s 3d; inferior to medium, Is lid to 2s Id per bushel (sacks extra). Wheat. -There is good inquiry for all sorts. Millers are perhaps more particular as to quality owing to some of their southern purchases turniiTg^out below milling standard. Prime . lines are readily placed at 3s lOd to 3s lid; choice velvet, to 4s; medium, with less demand, at 3s 7d to 3s 9d; best whole fowl wheat, 3s 5d to 3s 6d ; medium to,good, 3s 2d to 3s 4d; broken and damaged, 2s 9d to 3s Id per'bushel (sacks extra). Potatoes. —The market remains firm, and any lots offering have been readily placed at late quotations. Prices are even firmer, and at our sale best freshlydug lots sold at £6 to £6 3s; medium to good, £5 10s to £5 15s. per ton (sacks included). Chaff.—Mast of the consignments coming forwardare of only medium quality, for which there is not much , demand. Prime bright oaten sheaf has strong inquiry, and finds ready buyers at £3 15s to £4. A truck of choice, black oat chaff realised £4 9s ; medium to good, £3 to £3 10s; light and, discolored, £2 10s to £2 15s per ton (sacks extra). - i ~ Messrs Dalgety and Co. report‘as follows: Wheat.— during the past week has been quiet, principally owing to the small quantity on offer.' Prices remain firm, and any lines of good milling wheat = are readily placed. " Good whole fowl wheat has been | in short supply, 'shippers having difficulty in filling orders. Prime milling velvet, 3s lid to 4s; prime milling Tuscan and red wheats, 3s lOd to 3s lid medium . milling, 3s 8d to 3s 9d; best whole fowl wheat, 3s 5d to 3s 6d ; medium do, 3s 2d to . 3s 4d; broken and damaged, 2s 6d to 3s per bushel (sacks _ extra). > Oats.—Owing to the broken weather throughout •the southern districts, threshing has been delayed, and

offerings during the past week have been light. A very keen demand exists for all lines of heavy bright-Gartons. Merchants and. shippers are .picking up all lines answering this description for shipment to Australia. Prime milling, 2s 3d to 2s-3|d; good to best feed, 2s 2|d to 2s 3d,; medium to good feed, 2s Id to 2s 2d ; discolored and light, Is lid to 2s per bushel, (sacks extra). . - Potatoes. During the past week merchants and shippers have been operating freely in the country for all lines of prime table potatoes on offer-at from £5 5s to £5 10s per ton on trucks at country sidings, according to distance of railage. Crops are reported to be digging out light in most districts, and prices have advanced 10s per ton. Prime table up-to-dates (free of disease), £5 15s to £6; medium to good, £5 to £5 10s; inferior, £3 and upwards per ton (sacks in) Chaff.- Arrivals have been light, and the market remains barely supplied with prime quality, which is finding ready sale at quotations. Medium and discolored lines are not so eagerly sought after, while light and inferior chaff is hard to quit.;. Prime oaten sheaf chaff, £3 15s to £4; medium to good chaff, £3 7s 6d to £3 12s 6d; light and discolored, £2 15s to £3 5s per ton (sacks extra). '

Messrs. Stronach, Morris, and Co., Ltd., report for week ended Tuesday, May 7,' 1912, as follows: Oats.—There is good demand for prime Gartons and Sparrowbills, and all lines coming to hand are readily placed at slightly increased rates. Quotations: Prime Gartons and Sparrowbills, 2s. 3d to 2s 3|d ; good to best feed, 2s 2d to 2s 3d; inferior to medium, Is lid to 2s id per bushel (sacks extra). Wheat. There is good demand and millers are buyers of prime lines. Quotations: Prime milling velvet, 3s lOd to 3s lid red wheats, 3s 94d to 3s lOjd; medium, 3s 7d to 3s 9d; best whole. fowl wheat, 3s 5d to 3s 6d; medium to good, 3s 2d to 3s 4d; broken and damaged, 2s 9d to 3s Id per bushel (sacks extra). Chaff.—The bulk* of the consignments coming forward are of medium quality. There is good demand for prime lines, but medium and inferior lots are almost unsaleable. Quotations: Best chaff, £3 15s to £4; medium to good, £3 to £3 10s; light and discolored,' £2 10s to £2 15s per ton (sacks extra). Potatoes.—The mauket is very firm and prices are still going'up. Prime lines are worth from £5 10s to £6 in Dunedin; medium to good, £4 15s to £5 10s per ton (sacks in).

WOOL

Mr. M. T. Kennelly, 217 Crawford street, Dunedin, reports as follows : Rabbitskins. —Prime winter does, 17d to 18d* second does, to 16-ld; 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, 5A to 7d ; coarse do., 5d to 61d; pelts, 3d to sd. v Hides. Sound ox, 6d to 8d fdo. cow, 5d to 6Ad; •* damaged ox and cow, 3d to 4id ; calfskins and yearlings (sound), 6Ad to 9d. Horsehides, 8s to 14s each. > Tallow. —Best in casks, to 26s per cwt; do. 24s* mixed, 18s to 20s; rough fat, 16s to 20s. ’’ * Prompt returns. ,No commission. ' -, , Stronach, Morris and Co. report as fbllow: Rabbitskins.— Our next sale will , be held on Monday, 13th inst. ■ ' , . r : ;.v Sheepskins.—Our'next sale will be held on Tuesday, 14th inst. *' \ v Tallow and Fat,—There is very : little coming to hand and prices remain much the same as at last report. Quotations : Best rendered tallow, 22s 6d to 24s'. 6d • extra, to 265; medium to good, 19s to 21s ; inferior 16s to 18s; best rough fat, : 18s to 20s; medium r 16s to 17s 6d; inferior, 11s 6d to 15s. ... •