COMMERCIAL

New Zealand Tablet, 25 February 1915, Page 31

COMMERCIAL

• - 'Wellington, February 22. ■ V The High Commissioner cabled on February 20 (the quotations, unless otherwise specified, are the average market prices on spot) : Meat.—Good demand continues for all descriptions ; market firm, owing to reduced supplies in consequence of the dock strike during the week. The strike has now terminated, and work has been resumed. Mutton.— Supplies of Canterbury are on hand. North Island, 5 13-16 d; best quality ewes, s|d. Lamb. —No supplies of Canterbury on hand other than Canterbury, 7id. Beef. —Hindquarters, 6-|d; fores, 6d. Chilled beef in limited supply. Hindquarters, 7§d : fores, 6|d. Butter. —Market quiet at a.decline. Danish, 132 s to 1365; New Zealand, 128 s to 1325; Australian, 126 s to 130 s. Siberian, 15,000 casks expected from Vladivostock during next week. Argentine, no arrivals. , Cheese.—Market steady at a decline. The Canadian supply is running short. White colored/ 89s to 925; New Zealand, white colored, 86s to 88s. A quantity of United States cheese is on the market, and is quoted at 84s to 86s. Australian cheese continues to arrive, but the Essex’s cargo is not available. Hemp.—Market firm. It advanced suddenly owing to a difficulty regarding tonnage. Light shipments of hemp are expected from Penang. New Zealand fair grade, £29 ; fair current Manila, £35. Forward shipment: New Zealand good fair grade, £3l 10s, fair grade £29 10s; fair current Manila, £35. The output from Manila for the week was 28,000 bales. Wool.—Market strong. Wheat.—Market is very erratic, and during the last week prices fluctuated from 62s to 655. There is a fair trade doing, and holders are firm. There are plenty of buyers. Canadian, 655; American, 65s (any position); Argentine, 64s (February-March shipment). Messrs. Stronach, Morris, and Co., Ltd., report for week ended Tuesday, February 23, as follows: Rabbitskins. —We held our fortnightly sale yesterday, when we offered a full catalogue and competition was very keen. Quotations: First winter' does, to 17d ; second winter does, 10.;£d to 12d; first winter bucks, to 14jd ; spring bucks, 6^ d to 7d; autumn and incoming, to 9|-d; Ist winter blacks to 29d ; fawns, to 151 cl ; horsehair, to 22d per lb. Sheepskins.—At the sale today we offered a large catalogue to a full attendance of buyers and competition was keen throughout. Quotations : Best halfbred, lOld to 10|d; medium, 91,d to lOd; Inferior, Bjd to 9d ; best fine crossbred, to 10|d ; coarse crossbred, to 10|d; medium to good, 9£-d to lOd ; inferior, Bid to 9d; best merino, to B^-d ; medium, 6cl to 6fd ; lambskins, to 9£d per lb. Hides.— Our next sale will be held on the 25th inst. Tallow and Fat. — We held our weekly sale on Saturday, 20th inst. There was a full attendance of buyers and keen competition. Best tallow in tins, to 22s 6d ; medium to good, 18s to 19s 6d ; inferior 17s to ,17s 6d ; rough fat, good from 15s to 16s, inferior 10s to 12s. Oats.—Supplies are light, and. there is a keen demand for all sorts, more especially for milling samples. Quotations : Prime milling, 3s lid to 4s; good to best feed, 3s 9d to 3s lid per bushel (sacks extra). Wheat. Very few sales have been made so far, growers holding off till after threshing. There is a strong inquiry, but prices are barely yet established. Chaff. —Supplies have not been coming to hand as freely consequently the market is firmer. Quotations Prime oaten sheaf, £5 15s to £6; choice black oat, to £6 ss; medium, £5 to £5 10s per ton (sacks extra). Potatoes. — Supplies have been coming to hand more freely and the market is a shade easier. Quotations: Best tables, £7 to £7 10s ; medium, £6 to £6 15s per ton (sacks in). Messrs. Donald Reid and Co. report as follows: We held our weekly sale of grain and produce on Monday, when values ruled as under: — Oats. — Prime Gar-

tons and sparrowbills are in better .demand, and can be readily placed at quotations. Lower grades, although not so keenly sought after, meet ready sale. Supplies are not heavy, and we have good inquiry for all classes. Prim© milling, 3s lid to 4s; good to best feed, 3s 9d to 3s lid; inferior to medium, . 3s; 6d to 3s 8d per bushel (sacks extra). Wheat. — few sales have been made on trucks at country stations, but most growers are not inclined to sell until threshing begins. All sorts have good inquiry, but prices have not yet become established. Potatoes. The market is more fully supplied, and late quotations are barely maintained. Freshly-dug lots alone are in favor with buyers, and any stale lots are difficult to place. Best, £7 to £7 10s; others, £6 to £6 15s per ton (sacks included). Chaff. Moderate supplies are coming to hand. Local stocks are still fairly heavy, and but for this fact values would certainly be higher. Prime oaten sheaf is in most request, and sells at £5 15s to £6 ; choice black oat, £6 to £6 ss; medium, £5 to £5 10s per ton (sacks extra). • -,v