PRICES AT HOME

Hokitika Guardian, 21 May 1921, Page 1

PRICES AT HOME

NEW ZEALAND PRODUCE. HIGH COMMISSIONER'S CABLE. The Department of Agriculture has received the following cablegram, dated 13th instant, from the High Commissioner for New Zealand, London: — MEAT. Market continues dull, with slow 7 demand and still influenced by large supplies of beef. April shipments of beef from all parts of Great Britain are 470,000 quarters frozen, 260,000 quarters chilled. May 13th.—New Zealand" mutton, wethers 8d to 9d ; New Zealand mutton, ewes 7id ; New Zealand lamb, Is Id to Is 2}d. New Zealand beef: N% demand ; quotations nominal: Chilled beef, hinds lOd ; fores 4§d. Reported that Argentine shippers intend restricting beef shipments by 50 per cent, owing to heavy stocks held here. BUTTER. Market steady for best quality. May 13th.—New Zealand, 194 sto 19(>s (Is Bijd to Is 9d); Australian, 186 s to 190 s (Is 7ijd to Is 8Jd); Argentine, 160 s to 170 s (Is 5Jd to Is 6jd per lb); Danish, 192 s to 198 s (Is Bkl to Is 9sd); Irish, salted 180 sto 190 s (Is 7sd to Is B}d), unsalted 184 s to 195 s per cwt (Is 7ld to Is 9d per lb). CHEESE. May 7th.—Canadian (white), 158 s per cwt (Is 4;|d). May 13th.— New Zealand, white, 13is to 140 s (Is 2fd to Is 3d); coloured, 154 s to 158 s (Is 4|d to Is 43d); Australian, white, 134 s to 138 s (Is 2£d to Is 2«d); coloured, 150 s to 154 s (Is 4d to Is 4.1). FRUIT. Australian, prices continue satisfactory for good quality stuff, though much is wasty. Apples, prices range from 21s to 27s per case; Cox Orange and Cleopatra s top of the market. Pears, considerably wet, realising 19s to 40s, according to variety and quality. Hororata arrived May 12th and commenced discharging. First sales ma 7 be to-day or early next week. Market more or less cleared, and fruit should command aood prices if condition is satisfactory. HEMP. Market feels the effect of the coal strike. Manila market quiet, and small business doing. “J” grade May-July shipment sold £39 per ton ; FebruaryApril shipment quoted £42 per ton early this week, now at £4O per ton. New Zealand market continues dull, nothing doing. Sellers quote high points, afloat and May-July shipment, £4O; fair, spot £3O per ton; possible buyers at 40s lower. WOOL. Sales closed yesterday. During this series 700 bales free Now Zealand were offered,'and all sold. Throughout series Continental buyers have given good support, and as sales progressed Home buyers became more active and pneef: improved. At the close merinos were selling at 10 per cent to 15 per cent above April rates. Crossbreds, selection limited, but received more attention, and at the close, price about If per cent higher than closing rates lasl series. This week B.A.W.R.A. offerings consisted of: Australian —Merino: Greasy, 9651 bales ; secured, 1950 bales. Crossbreds Greasy, 3800 bales. New Zealand.—Crossbreds: Greasy 1 1600 bales; scoured, 500 bales; slipe 1 ,iO9 bales; reconditioned, 600 bales. 1 Practically all sold on the same base ' as free wool' Average closing values :- 1 May 13th.—60/64’s (merino), Is Id t. 1 Is 4d ; 56’s (super halfbred), Is to Is 3d 50’s (halfbred), lOd to Is; 48 s ( n< crossbred), 9d to lid; 44/46’s (medmn 1 crossbred), 7*d to 91d; 36/40’s (coars ‘ crossbred), 6d to 7sd. , I Apri l 16.—60/64’s (menno), Is to 1 * o ( i • 56’s (super halfbred), to Is Id 1 50’s (halfbred), Old to lid; 48’s (fin 9 crossbred), 8d to 10d ; 44/46’s (medmr 1 crossbred), 6*d to B*d; 36/40’s (coars crossbred), 5d to 64d. Continuance of coal trouble undoubf * edlv affects Homo trade, and in absenc 6 of settlement, difficult to gauge futur prospects. Next series commence J«® ,7th.