PRODUCE.

New Zealand Tablet, Volume XXX, Issue 25, 19 June 1902, Page 13

PRODUCE.

London, June 13. — Wheat . An Australian cargo sold at 29s 6d, and another at 295. The wheat markets are steady, but quiet. Victorian and South Australian cargoes (March shipment), realised 29s 3d. An Australian cargo sold at 29s l£d. London, June 15. — Frozen Meat : North Island is a sixteenth lower ; the rest is unchanged. Canterbury lamb declined a sixteenth. FanNew Zealand lambs are one-eighth lower. New Zealand beef (1801 bto 2201 b), fair average quality : Ox fores, three-sixteenths lower. Wellington, June 14. — Mr Cameron, inspector of New Zealand produce in London, reports that the shortage of supplies of chilled beef from America has been steadily causing the market! for rajll '.classes of Ibeeft-ta become firmer. There is a great scarcity of prime fat cattle in America. The production of beef in the States has been made expensive owing to the short corn crops. Mr Cameron does not believe that the Beef Trust has been the cause of the high p i .ces lately ruling New 'Zealand beef lias practically been the only frozen beef on the Smithh'eld market, and it las been of excellent quality. Mr Caui«ron believes that the prices for beef will remain high for a considerable time. Mutton also is improving in price, but has been slow of i-ousm'lp-tion. The market, howjve". looks promising. Lamb has been in heavy supply this season. River Plate sent 7000 carcases, as against 4000 last year. The various importers of lamb have been forcing sales, and prices consequently dropped, but if warm weather sets in the trade will take a spurt and prices rise. Wellington, June 16. — The AgentGeneral's cablegram, dated London, June 14, says : — ' The mutton market is dulf; prices unchanged. Stocks of lamb are heavy, and widely distributed amongst the agents, who are pushing sales. Average price : Canterbuiy lamb, 4^d , other brands, 4^d. No alteration in beef supplies. River Plate beef is increasing Hemp is depressed at £34 . July - September shipments, £27 10s. Cocksfoot firm ; New Zealand 171 b standard, 50s.'