Commercial

New Zealand Tablet, Volume XXXII, Issue 49, 8 December 1904, Page 13

Commercial

For week ending December 7

PRODUCE.

London, Decembei 2.-^- Wheat : The Euriopeau markets are firmer, and there is a good s\pe<Jul'ali\e demand for distant cargoes. Nine thousand quarters of Australian February and 12,001) quarters December and January thipments sold at 66/- , Australian spot is slow of : ale at 33/6 to 34/-.

Flour is slow, with an easier tendency. London, 25/6 tio 26/- ; (ilasgpw, 26/6 to 277-.

New Zealand Wheat : Spot, long berried, 32/6 ; short

liutler is firm, a,nd there is a good inquiry for all classes ot colonial, especially secondaries. Danish, 114/to 116/-, a few saltless at 108/-, New S,o,uth Wales, 3 02/- to 104/-.

London, December 4.— Wheat : An Australian cargo and 10,000 quarters of Doccmber and January shipment sold a,t 33/3, and 13,000 quarters o? February shipment at 33/ H.

Fr.o/en Meat —The Trade Association's Smithfield market quotatipns for the undermentioned classes of fro/qn meats are based on actual sales of not less than 100 carcases of mutton or lamb or 25 carcases of beef of fair average quality. These quotations are not for selected lines, but parcels fairly representative of the bulk of the shipments now on the mafket : — Mutton : Canterbury, light, 48-560), 4|d ; medium, 56-C4lb, 4£d ; heavy, 61-721 b, 4£d ; North Island, 56-6-llb; 44 to 4£d. Lambs : New Zealand sorts unchanged. New Zealand Beef : ()\ fores, 18U-22011), 2hd ; ox hinds, 1&0-22011), 2^d. liner Plate sheep : Heavy, 3^d ; light, 3 5-16 d. Beef • Forequarters, 2jd ; hindquarters, 2^d.

Wellington, December 5. — The Depaitmcnt of Industires and Commeice has received the following cable message Jrom Dhe Agent-general, dated London, December 3 .—The mutton market is firm. Stocks of mutton are light and firmly held in a few hands. The retail demand is becpming very much restricted on account of the Hugh prices ruling. Average price to-day : Canterbury mutton, l^d per lb ; other brands Noith Island mutton, l£d. The stock of lamb is light and tiherej is a good demand for all offering Average pi ice to-day : New Zealand lamb, Canterbury brands, G^d per lb ; Australian lamb, 53 d Beef is in better demand. Average price to-day . Hindquarters New Zealand beef, 3d , foies, 2£d. (flotations for 'New Zealand beef are nominal. The hut\te>- market is \ery linn, and Inhere is yenoral confidence m trie maintenance of the present prices. The supply of new season's i\cv Zealand bhitter per ' Papanui ' is practically exhausted Average nnce choicest N/ew Zealand butter to-day is 105/- per cwt , Danish, 116/- The clheese market is qjinet, but firm ; Canadian, 19/-. The hemp market is firm. Oood business has been done during the past week. The price of New Zealand hemp, for good fair Wellington grade, on spot tio-day, is £31/10/. per ton , for January toMa-ch shipments, £31/10/.

Tnvercargill prices current.— Wholesale — Butter farm, 5d ; separator, 7d ; butter, factory, pats, 10^d. Eggp, 8d per doi'/en. »Oheese (factory), fiijH. Hams, Od. Potatoes, £2/10/- 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 £0. Bran, £3/15/-. Pollard, £5. Retail— Farm butter, 7d ; separator, 9d ; butter, factory), pats, 1/-. Cheese, 6d to Bd. Eggs, lOd per do/.. Bacon, !)d. Hams, lOd. Potatoes, 4/- per cwt. Flour : 2001 b, 23/- ; 5011), 6/6. Oatmeal : 501 b, 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 1/84 ; feed, 1/2 to 1/6. Wheat: Milling, 8/2 " to 3/7; fowls, 2/» to 3/1. Potatoes, £3. OhafT, £3 to to £3/15/- ; clqver hay, £2/10/- to £3. Straw : Pressed wheat, 30/- ; oaten, 35/- ; loose, 35/-. Flour : Sacks, £10 , 1001 b, £10/10/- ; 5«01h, £10/15/- ; 251 b, £U. Oatmeal, £8/10/-. Pollard, £4. Bran, £3/5/-. Butter : Dairy, Hd to lOd ; factory, lid. Cheese : Factory, 4|d, dairy, 4^d. Kggs. 9d. Onions : Melbourne, £. i J.

Messrs. Stronach, Morris, and Co. report :—: —

Wheat — Tjhrre is not much doing, the principal Vicman)d ha\ ing been for fowl wheat Quotations : Prime milling. 3/6 to 3/9 ; medium, 3/2 to 3/5 ; best whole fowl wheat, 2/11 to 3/1 ; broken 'and damaged, 2/6 to 2/9.

Oats. — There has bee"n a rather bet/ter demand latclv, and the stocks in sto^c are now very miuoh reduce!. There is no change to report in prices, wthich are as

follows : Prime milling, 1/64 tio 1/7| ; goiod to best feed, 1/5 to 1/6 ; inferior and medium, 1/3 to 1/4. Uh'afi.— There has been a rise since last report in prime samples, owing to short supplies. Quotations : Prime oaten siheaf, £3/7/6 to £3/13/6 ; medilum, £3/2/6 t 0 £3/5- ; light and inferior, £2/1,0/- to £3. Potatoes.— Supplies of new potatoes are now increasing, and in consequence De-rwents h^ve eased somewhat. Best are worth, 5J0 1 /- to 95/ ; others, 40/- to 15/-.

Messrs. Donald Reid and Co. report as follows •... We held o\w weekly anrticin sale of grain and pro j duee at our scores on Monday. Our catalogue was a small one, and, under good competition from a full (attendance of local buyers, was cleared at satisfactory pi ices. All classes of pro'dtice were in demand at prices fully equal to late quotations. Values nu led as under : Oats.— Punic Gait'on have haid most attention fr,om exporters, and tor sound lines, bright and cleap, tihece is good demand for shipment. B grade sparrmvbills and otficr good feed lines have more attention. Little actual business in these is passing, but as local stocks are much reduced, we expect to see better values ruling shortly. Quotations : Prime milling, l/6i to l/ 7£ ; gooki tio best teed, 1/5 to 1/6 ; inferior and medium, 1/3 to 1/1 per bushel (sacks extra). Wheat.— Local millers' requirements are unusuiily small, and in consequence no business of any importance is being done in milling qualities. Fowl wheat continues to come forward freely, and meets a fair market. Quotations : Prime milling;, 3/6 to 3/9 , medium to tfoiort, 3/2 to 3/3 ; whole fowl wheat, 3/- to 3/1 ; brqken and damaged, 2/6 to 2/10 per buslhel (sacks extra) Potatoes — Smaller sup-plies have been coming forward, and all good, sound Derwemts are now readily quitted at an advance on late values. Quotations : Host Derwents, £2/15/- to £3 ; others, £2 to £2/10/per ton (sacks m). Ohaff. — Prime oalcn sheaf has strong- inquiry. All consignments lately to hand have been readily quitted on arrnal, and at Monday's auction sale a distinct ajd\a,nce in prices was obtamod. Quotations : Prime oaten sheaf, £3/10/- to £3/15/- ; medium to good £2/15/- to £3/5/- per ton (bags extra). Pressed Straw —We quote : Best oaten wheat, 30/tio 3(5/- per ton