Commercial

New Zealand Tablet, 12 September 1912, Page 29

Commercial

PRODUCE Wellington, September 9. The High Commissioner cabled from London on September 7 (quotations, unless otherwise specified, are average market prices on spot) : Mutton. —Market remains firm, although high prices are restricting business. Supplies will be moderate, however, and there is no prospect of, decline. Quotations: Canterbury, 4|d per lb (light weight), 4|d (heavy weight); North island, 4|d' (light weight), 4£d (heavy weight) ; ewes, 4^d. Lamb. Market somewhat, steadier, with better demand for heavy weights. Canterbury, s£d (light weight), s|d (heavy weight); other than Canterbury, 5-|d. Beef. —Market quiet. Small business doing in frozen meat. Quotations nominally unchanged— New Zealand hinds, 3|d; fores, 3^d. Butter. —Market quiet, but steady. Danish, 128 s per cwt; Australian, Ills; Siberian, 108 s. Cheese. Market firm, with an upward tendency. Canadian, 67s (white), 67s 6d (colored). Hemp. —Market not quite so firm. Buyers are holding back on account of high prices. Spot New Zealand, good fair .grade, £27 ss ; fair grade, £25 15s ; fair current Manila, £26 ss ; October-December shipments, New Zealand good fair, £27 ss; fair grade, £25 10s; fair current Manila, £27 to £27 ss. The output of Manila for the week was 26,000 bales. Messrs. Donald Reid and Co. report: We held our weekly auction sale of grain and produce on Monday, when values ruled as under: Oats. There is more inquiry from shippers for prime Cartons, and in view of offerings being light prices for these have advanced to some extent. Medium and inferior oats are plentiful and not in strong demand. Prime milling Cartons, 2s 2d to 2s 3d; good to best feed, 2s to 2s inferior to medium, Is 8d to Is lid per bushel (sacks extra). Wheat. —Prime milling lines are more saleable at late quotations, but medium quality is not in request with millers, and is being taken to supply orders for fowl wheat. Best fowl wheat is not offering freely, but medium and inferior are in full supply. Prime milling, 3s 9d to 3s lid; medium to good, 3s 6d to 3s 8d ; best whole fowl wheat, 3s 3d to 3s 5d ; medium to good, 3s to 3s 2d; broken and damaged, 2s 3d to 2s lOd per bushel (sacks extra). Potatoes. The market has been quiet for the past week, owing chiefly to exporters being unable to arrange for shipping space for their consignments. A few choice lots have been placed at £9, but to-day’s quotations for prime are about £8 5s to £8 10s; medium to good, £7 15s to £8; seed, £5 to £6 10s per ton (sacks included). Chaff. —Fair supplies are coming to hand, but only best lines have ready sale. These are worth £3 to £3 ss; medium to good, £2 10s to £2 17s 6d; l : ght and discolored, £2 to £2 5s per ton (bags extra). Messrs. Stronach, Morris, and Co., Limited, report for week ended Tuesday, September 10, as follows: Oats.— is fair inquiry for prime Cartons, and owing to few lots coming to hand prices have improved slightly. Medium and inferior lots are hard to

place. Quotations : Prime milling Gartons, 2s 2d to 2s 3d; good to best feed, 2s to 2s l|d; inferior to medium, Is 8d to Is lid (sacks extra). Wheat. —There is a fair demand for prime milling, but medium lines are only saleable as fowl wheat. Good fowl wheat is scarce. Prime milling, 3s 9d to 3s lid; medium to good, 3s 6d to 3s 8d; best whole fowl wheat, 3s 3d to 3s sd ; medium to good, 3s to 3s 2d; broken and damaged, 2s 3d to 2s lOd per bushel (sacks extra). Chaff. —Fairly large quantities are coming to hand, but only prime quality is saleable. Medium and inferior lines are very difficult to place. Prime oaten sheaf, £3 to £3 ss; medium to good, £2 10s to £2 17s 6d; light and discolored, £2 to £2 5s per ton (sacks extra). WOOL Messrs Stronach, Morris and Co. report as follows: Rabbitskins. —We offered a very large catalogue at yesterday’s sale to the usual attendance of buyers. Prices were about on a par with last sales 7 rates. Our top price was for prime winter does, whilst we also soici winter bucks to 2oid. Quotations: Prime winter does, 40d to 44|d; first winter does, 36d to 40d; second, 28d to 32d; prime winter bucks, 24d to 25id; first bucks, 20d to 22d ; outgoing, 16£d to best autumns, 15d to 17d; incoming 16£d to 17|d; 'summers, 9d to lid; prime winter blacks, to 38£d; autumns 22d to 31d fawns, to 28d; small, to 6fd; shocks, to 3d; hareskins, to 13d ; catskins, to Is; horse hair, to 19d. ' V Sheepskins. —We offered a medium catalogue at to-day’s sale, which was one of the most successful we have had for some time. Bidding was extremely brisk, and prices ruled right up to last sales’ rates. Quotations : Best half-bred, 8d to B|-d; medium to good, 7|d to 7£d; inferior, sid to 7d; best fine crossbred, 7|d to B|d; medium t(£ good, s|d to.7£d; best coarse crossbred, 7d to 7|d; medium to good, 6d to 6fd; dead and inferior, to 64d; best merino, 7d to Vgd; medium to good, 4|d to fid; best lambskins, 7d to 7|d. medium, fid to 6|d. V’ -