PRODUCE.

New Zealand Tablet, Volume XXXII, Issue 44, 3 November 1904, Page 13

PRODUCE.

London, October 28 —Wheat : The Euiopean markets are steady, but inactive Caigoes are neglected. Australian Sepiemtoei-October shipment, 34/- , Oetober-No- \ ember, 31/3, new crop, Decenibei-Jctmiai j . hipmcn* 3J/6 The butter markets are dull. Danish \w unchanged. Choicest \ ictorian, 102/- to 101/-, New South svalcs, 102/-, Queensland, 9(1/- to 91/-; stored New Zealand! 92/- to 91/-, Australian, 80/- to 81/--

Wellington, October 31.— The Department of Industries and Commerce has received the following cablegram from the Agent-General, dated London, October 29 — 1 The mutton' market is depressed. Average price to day : Canterbury mutton, 4|d ; Dunedin, Southland, and W.M.E. Company mutton, 4 : } d ; for brands other than North Island mutton, 4d (weak). The average price today for River Plate mutton is 3£d. Australian mutton is small of supply, and realising 7gd. There Is a, dull sale for all descriptions of lamb. Average price New Zealand- lamb— Canterbury brands, from sgdg d to s|d ; brands. 6ther than Canterbury, s}d- The beef market has suffered a further decline. Average price to-day : Hindquarters New Zealand beef, 2£d ; fores, 2}d The butter market is quiet, and prices are rather unsettled. Stored New Zealand is selling at from 90/- to 94/(irregular) ; Australian, 103/- ; Danish, 115/-. The cheese market is steady at the quotation cabled last week Good business has been done in hemp, but the market closed dull The average price of New Zealand hemp, good fair Wellington grade, on spot to-day, is £30/10/- , January to March shipments, £30. The price of Manila hemp, fair current grade, on spot to-day, is £38/10/-. There is scarcely any demand for cocksfoot seed. Average price to-day for bright, clean New Zealand, weighing 1711) per bushel on spot, is 51/- per cwt . New Zcalasd long-berried wheat, on spot, ex granary, per quarter of 4961 b, 33/6 ; short-berried wheat, 32/6. The wheat market is quiet, but firm. New Zealand oats : Short (sparrowbills), ex granary, on spot, per quarter of 384 ft, 11/-, Danish, ex granary, on spot, per quarter of 320 ft, 16/9. The oat market is steadier.

Tnvercargill prices current — Wholesale — Butter farm, fid ; separator, 8d ; butter, factory, pats, 10^d. Eggfs, 8d per do^en. 'Uheese (fa-ct'ory), 6 .^ jd . Hams, 9d Potatoes, £1/15/- per ton (bags weighed in). Barley, 2/- to 2/6. Chaff, £2/5/- per ton. Flour,£lo/10 to £11/10. Oatmeal, £8/10/. to £i 9. Bran, £3/15/-. Pollard, £5. Ketaal — Farm butter, 8d ; separator, lOd ; butter, factory), pats, 1/-. Cheese, 6d to Bd. Eggs, lOdpcrdo/.. Bacon, Od. Hams, 10d. Potatoes, 3/- per cwt Flour : 2001b, ' 2.3/- ; stolb, 6/6. Oatmeal: s'olb, 5/3 , 251 b, 2/9. Pollard, 8/6 per bag. Bran, 4/6. Chaff, 1/6.

Mr. F. Meenan, King street, Dunedin, reports :— "Wholesale prices only— Oats : Milling, 1/6| to l/ 8£ ; feed, 1/3 to 1/6. Wheat : Milling, 8/2 to 3/7 ; fowls, 2/8 1o 3/1. Potatoes, £2; seed, £2/10/- to £3/10/- ; chaff, £2/10/- to £3/5/- ; clover hay, £2/10/to £3. Straw : Pressed wheat, 40*/-; oat^n, £2i; loose, £2. Flour : Sacks, £10 ; 1001 b, £10/10/-, s,oft, £10/15; 25) b, £11. Oatmeal, £9/10/-. Pollard, £4. Bran, £3/5. Butter : Dairy, 8d to lOd ; factory, lid. Cheese : Factory, \fd ; dairy, 44 d. Eggs, 9£d. Onums : Melbourne, £9.

Messrs. Donald Reid- and Co. report as follows ... We held our weekly auction sale of grain and produce at our stores on Monday, when we submitted a moderate catalogue to a small attendance of buyers Nearly all the lots on offer were quitted at prices on a par with late quotations. Values ruled as under :— Oats. — No export trade of any importance has been dpne during "the past week, and almost the only sales effected have been moderate lines for local consumption. There is some little inquiry for B grade from shippers, but only at a reduction in prices which holders here are not disposed to accept. We quote : Prime milling;, 1/6 jt to 1/7J ; good to best feed, 1/5 to 1/6 ; inferior and medium, 1/3 to 1/4 per 'bushel (sacks extra). Wheat,— The market shows little change. Millers decline Jo, operate , except in the case of (hoice lines, and for medium sorts there is therefore little sale. Fowl wheat continues to meet w th fair sale, both locally and for export. We quote 1 : Prime milling, 3/6 to 3/0 ;

medium, 3/3 to 3/5 ; whole fowl wheat, 3/- to 3/2 ; broken and damaged, 2/6 to 2/10 per bushel (sacks extra). Potatoes —Stocks arc freshly. picked. Derwents are now much reduced, and for these there is very good inquiry at improved prices. Derwents, which have been bagged for some time with white potatoes of all sorts, continue to move off slowly. We quote : Best freshlypicked Derwents, 35/- to 40/- ; otheis, 25/- to 30/- ; mlenor sorts, 20/- to 25/- per tan (sacks in). Chan —For some days the market hasi bee n more hrMvilv supplied with chaft of good quality. Prime, blight oaten is still inquired foi, but medium and interior lines have no demand. We quote : Prime oaten sheaf, 43/7/6 to £3/10/-, medium to good, £2/15/- to £3/5/- ; inferior and light, £2/5/- to £2/10/- per ton (bags extra). Straw.— '^he market is almost bare, and nearly all coming forward during the past week was quitted at 35/- to 40/- per ton. Messrs. Stronacb, Morris, and 00. report :•— Wheat.— The demand is no better this week, and prices may be quoted the same as last week, viz., prime milling, 3/7 to 3/10 ; medium, 3/3 to 3/6 ; 'best whole fowl wheat, 3/- to 3/3 ; broken and inferior, 2/6 to 2/10. Oats.— Prices are if anything a shade easier, but the demand i.s still good. Prime milling, 1/7 to 1/8 ; best feed, 1/6 ; medium, 1/4 to 1/5 ; inferior (of which there is little ottering, 1/1 to 1/3. Chaff.— Prices are much easier than last week and there are large consignments still arriving, which indicates a still further drop. Prices all round are 5/- 1o 7/6 per ton easier. Potatoes.— A lot offering for which there is little or no demand.