PRODUCE.
London, April 11.— The English wheat market is firm, owing to rumors of the imposition of a duty. Heavy arrivals are depressing the Continental markets. There is a better inquiry for cargoes. A Sydney steamer shipment (February) realised 29s 10ld.
London, April 12.— Wheat— Two Sydney cargoes sold at 29s and 29s 3d respectively.
Frozen Meat. — Mutton (cross-bred wethers and maiden ewes), Canterbury, 3 13-16 d ; Dunedin and Southland, 3gd ; North Island, 3£d. Lamb : Prime Canterbury, sgd ; fair average, unchanged ; ; River Plate, unchanged: New Zealand beef is scarce. Prices nominally are: Fores, 4Jd ; hinds, sid. No Australian beef is offering. (These prices are the official quotations furnished by the Frozen Meat Trade Association. The basis of quotations is sales of lines of not less than one hundred carcases of mutton or lamb 'or twenty-five quarters of beef. All quotations for mutton are for fair average quality. Quotations for New Zealand lamb do not include sales of small lambs ov heaviest of inferior quality.
Sydney, April 14. — Breadstuffs are very active, and there is a continued advance. Best brands of flour renliso £9. Wheat has been sold up to 4s 3d.
Wellington, April 15 — The AgentGeneral's cablegram, dated London, 14th, states : — ' Frozen meat . Mutton, very firm ; average price. Canterbury, 3^d ; Dunedm, Southland, and W.M.E. Company's, 3|d ; other North Island mutton, 3id Lamb, quiet. Canterbury brand, 54 d ; other New Zealand lamb, 3d. The beef market is excited and very firm. Supplies of American chilled beef small and likely to decrease. Stocks of New Zealand on hand light New Zealand hinds, 5Jd ; fores, 4jd. Themarkets for butter and cheese are good. Butter, 105s ; cheese, 51s.
Messrs. Donald Reid and Co. report as follows :—: — Oats. — During the past week there has been keen demand for all good to prime feed lines at prices in advance of last week's values. Owing to the largo quantity of crop damaged by bad weather, milling lines are scarce, and are readily saleable. We quote — Prinio milling, 2s SUI to 2s 6d , good to best feed, 2s 4d to 2s 5d ; inferior and medium, 2s Id to 2s 3d per bushel (sacks extra). Whrat —There is practically no prime milling offering, and quotations for such are therefore nominal. Medimn quality commands ready sale as fowl wheat, for which there is good inquiry. We quote : Prime milling, 4s to 4s 3d ; .medium, 3s 9d to 3s lid ; whole fowl wheat, 3s 4d to 3s 8d ; broken and damaged, 3s to 3s 3d per bushel (sacks extra). Potatoes. — Moderate supplies have been coming to hand, and, with fair demand, values have slightly improved. We quote : Prime Derwents, £4 to £4 5s ; other sorts, £3 10s to £4 per ton (sacks in).
Chaff.— The market has teen almost without supplies, and for all sorts there is ready sale at improved prices. Wo quote : Best oaten sheaf, £5 to £5 10s per ton (bags extra).
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New Zealand Tablet, Volume XXX, Issue 16, 17 April 1902, Page 13
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484PRODUCE. New Zealand Tablet, Volume XXX, Issue 16, 17 April 1902, Page 13
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