Commercial

New Zealand Tablet, 6 March 1913, Page 29

Commercial

PRODUCE Wellington, March 3. f lie High Commissioner cables under date London, March 1 (quotations unless otherwise specified are average market prices on spot): Mutton. —The market is weaker, and the tendency downwards. Quotations: Canterbury, 4§d per lb; North Island, 4^d. Lamb. Market quiet. Canterbury, 6^d; other than,Canterbury, 6d. Beef. —The market is dull. New Zealand hinds, 3§d; fores, 3^d. Butter. The market is quiet, but steady, with a general active demand for best quality. Average price for the week for choicest New Zealand is 117 s per cwt salted; unsalted, 119 s; Australian, Ills; Argentine, 110 s; Danish, 1335; Siberia, 110 s. Cheese. —The market is firm. Average price for the week for finest New Zealand cheese is 60s 6d. Hemp. —The market is very quiet, with nothing doing. New Zealand, good fair grade, £33 per ton; fair grade, £3l; fair current Manila, £33 10s. .Forward shipment at the same prices. The output from Manila for the week was 28,000 bales. Wool.—Market firm at an advance. Wheat. —The market is very quiet. New Zealand, long-berried wheat ,ex granary, per quarter of 4961 b, 38s 6d; short-berried, 37s 6d (nominal). Oats.—The market is weak, owing to poor demand. New Zealand oats, short sparrowbilis, ex granary, per quarter of 3841 b, 24s 6d. The cocksfoot seed market is quiet, and buyers are not so keen to do business, although only small stocks of cocksfoot seed are held in store. Average price for bright, clean New Zealand cocksfoot seed, weighing 171 b per bushel, on spot, 62s (nominal). Messrs. Donald Reid and Co. report: -We held our weekly auction sale of grain and produce on Monday, when values ruled as under: —• Oats. Local stocks are not heavy, and are chiefly of medium quality, for which there is not much inquiry. New season's oats have fair demand at quotations, but so far not many have come forward. Prime milling, 2s lid to 2s 2d; good to best feed, Is lid to 2s Id; inferior to medium, Is 6d to Is lOd per bushel (sacks extra). Wheat. There is not much old wheat in stores, and millers are now operating to some extent in new grain for direct consignments. During the past week there has been a firming tendency in the market, and to-day prime velvet may be quoted at 3s 9d to 3s 9id; Tuscan and other sorts, 3s Bid to 3's 9d on trucks at country stations convenient to Dunedin. Best fowl wheat is offering, ex store, at 3s 3d to 3s 4kl; medium to good, 2s lOd to 3s 2d; broken and damaged, 2s 3d to 2s 9d per bushel (sacks extra). Potatoes. —The market is moderately supplied, and prime freshly-dug lots are readily quitted at £6 15s to £7; medium, £6 to £6 10s per ton (sacks included). Chaff.—The quantity coming forward is not excessive, and all good to prime consignments meet ready sale. Best oaten sheaf, £3 12s 6d to £3 15s; choice

black oats, £3 17s 6d; medium to good, £3 to £3 10s; inferior to medium, £2 to £2 15s per ton (bags extra). Messrs. Stronach, Morris and Co., Ltd., report as follows: Oats.—There is very little inquiry. except for prime quality. Inferior lines are almost unsaleable. Quotations: Prime milling, 2s l|d to 2s 2d; good to best feed, Is lid to 2s Id; inferior to medium, Is 6d to Is lOd per bushel (sacks extra). • Wheat. Very few lines are offering except from. the north, and business is restricted. There is a fair demand for good fowl wheat but inferior lines are neglected. Quotations: Prime milling, 3s lOd to 3s lHd; medium to good, 3s 6d to 3s 8d; best whole fowl wheat, 3s 3d to 3s 4d; medium to good, 2s lOd to 3s 2d; broken and damaged, 2s 3d to 2s 9d per bushel (sacks extra). Chaff. —There is a good demand for prime quality but medium and inferior lots are neglected. Quotations: Best oaten sheaf, £3 12s 6d to £3 15s; medium to good, £3 to £3 10s; inferior to medium, £2 to £2 15s per ton (sacks extra). Potatoes.—There is a good demand — few are coming to hand. Quotations: Prime lots, £6 10s to £7; medium, £5 15s to £6 5s per ton (sacks in). WOOL Messrs. Stronach, Morris, and Co., Ltd., report for week ended Tuesday, sth inst., as follows: Rabbitskins and Sheepskins.—Our next sales will be held on Monday and Tuesday, the 10th and 11th inst. respectively. Hides. —We held our fortnightly sale on Thursday last, when wo offered a very good catalogue. There was keen competition for all offered and prices taken ail round have never been higher. Yearlings and calfskins, were also eagerly competed for. Quotations: Prime stout heavy ox hides, to ll|d per lb; good heavy do, B|d to 9^d; medium weight do, B|d to B§d ; light weight do, B|d to B|d; stout heavy cow hides, B|d to 91d; medium weight do, B|d to B|d; light weight, 8d to 8-|d; inferior cow and ox hides, 5M to 6|d; cut and slippy, 3d to 7d; light bull hides, 6id to 6§d ; heavy do, 6|-.d to 6-id ; best yearlings, 7|d to B|d; good do, 6id to 7-id; best calfskins, lid to ll|d; medium do, 9|-d to 10£d; tips to is 10|d a dozen. Tallow and Fat. Medium consignments have been coining to hand and there is keen competition for all being offered. Quotations: Best rendered tallow, 20s to 225; extra, to 24s 6d; medium to good do, 16s 6d to 19s; inferior do, 12s 6d to 14s 6d; best rough fat, 16s to 18s; extra, to 21s; medium to good, 12s to 15s.