Commercial

New Zealand Tablet, 20 November 1913, Page 29

Commercial

~ . /PRODUCE ~,■ /,.-•;, - l £ ;■./£, Wellington, .November 17. —The High Commissioner cabled from London on November 15 —the quotations, unless otherwise specified, are the average market prices on spot) : Mutton. Market firm. Canterbury, 4§d. The supplies are nearly exhausted. Quotations are nominal. North Island, 4|d for best quality light-weight. Lamb.—Market steady. Canterbury twos, s|-d; heavy-weight fours, sd; other than Canterbury, 5Jd for light-weight. Beef. —Market firm. New Zealand hinds, 4|d; fores, 3§d; chilled hinds, sd; fores, 3|d. Butter. —Market quiet, but no alteration in prices for Siberian, Argentine, and Australian. The supply exceeds the demand for unsalted. Danish, 129 sto 131 s; New Zealand, 124 s to ■ 1265. Hemp.—The Manila market has fluctuated a good deal during the week, but closed quietly and steadily. Shippers' offerings are very small, as reports from Manila indicate that the market is active at higher prices, or £1 to £2 above quotations. Fair current Manila, £3O ss; forward shipment, £29 15s. The output from Manila for the week was 16,000 bales. New Zealand is easier for good fair. The market is quiet but steady otherwise. At the close of the market there were sellers of good fair at £2B 10s; fair, £25 10s. Buyers are probably offering 5s less. Wool.—Current Bradford quotations for tops, 36's, low crossbreds, 15£d; 40's, low crossbreds, 15-|d; 44's, medium crossbreds, 16d-; 50's, halfbreds, 19d; 56's, quarterbreds, 22d; 60's, merinos, 27-|d. Market quiet, with a tendency in favor of buyers. The outlook for the next series is a little obscure, but it is not anticipated that prices will show much change..

Messrs. Donald Reid and Co. report:

We held our weekly sale of grain and produce on Monday, when values ruled as under: Oats.—The market is. in a stagnant condition, , and sales are difficult to effect even at a reduction on late values. Prime milling, 2s Id to 2s lid; good to best feed, 2s to 2s Id; inferior to medium, Is 6d to Is lid per bushel (sacks extra). Wheat.—Millers are buyers of any prime lines offering, but are not operating to any extent in lower grades. Offerings of all sorts are light. Fowl wheat is scarce and meets ready sale. Prime milling velvet, 4s 2d to 4s 3d; velvet ear, 3s lOd to 4s; Tuscan, 3s 9d to 3s lOd ; best whole fowl wheat, 3s 6d to 3s 8d; medium, 3s 3d to 3s sd; broken and damaged, 2s 6d to 3s per bushel (sacks extra). Potatoes. —The market is glutted, and sales are slow at reduced rates. Best table" potatoes, 35s to ,40s; medium to good, 25s to 30s per ton (sacks included). Chaff. Consignments are coming to . hand mord freely. Prime quality continues to meet with fair demand, but indifferent lots have little inquiry. Best oaten sheaf, £4 to £4 ss ; choice black oat, to £4 7s 6d; medium to good, £3 10s to £3 17s 6d; light and discolored, £3 to £3 5s per ton (bags extra).