PRODUCE.

New Zealand Tablet, Volume XXXV, Issue 5, 31 January 1907, Page 17

PRODUCE.

Wellington, January-. '28.— The following cable has been received from the High Commissioner, dated London, January 26 :— Mutton.— Market steady. Average prices : Canterbury ' brand 4Jd and North Island 4%d per lb. Lamb.— Market overstocked' and . depressed 1 , and afiected by expected .iieavy arrivals. New season's New Zealand lamb quoted nomina'Uy _Gd per Jb. The averago price of Australian lamb 'isT-l^d per" ft. Beef.— Market weak. The average price of New Zealand beef is 3|d and 2|d per lb for hind and fore-quarters respectively. Butter.—M arket dull on account of heavy arrivals. There is a general and act&e demand, however, for the shilling v trade, and some holders of butter are forcing sales. The choicest New Zealand brands are quoted at 105s ; Argentine, 104s ; Australian, 100s ; and Danish, . Ills per cwt. Cheese.— Market very firm. There is a general demand for New ZealanU -makes at 63s per cwL. Hemp.— The market is firm, and prices ha"ye advanced. Good fair grade on the spot is quoted at £40 ; January-March shipments, £39 per ton ; fair current -Manila on the spot is worth £43 per ton. CocWoot seed is quiet but firm Bright clean dressed, 181 bto the bushel, is quoted at '18s per cwt. •

Invercargill • Prices Current :— Wholesale — Butter/ (farm), 7d ; separator, od. Butter (factory), pats, Is lfd. Eggs, lOd per dozen. Cheese, 7d. Hams, 9d. Bar--ley, 2s to 2s 6d. ( haff, £3 5s per ton. Flour, £9 10s t n £10. Oatmeal, £11 10s to £12., Bran, £4 ss. Pollard, £5. Potatoes, £8. Retail— Kami butter, t)d ; separator lid Butter (factory), pate, Is 4d. Cheese, 9d. Eggs, Is per* dozen. Bacon, lOd. Hams, l lod. Flour— 2ootb, 21s ; 501 b 5s 6d.; 251 b, 3s Od. Oatmeal— solb, 6s 6d ; 251 b, 3s 6d Pollard, 8s fid per bag. Bran, ss. Chaff, 2s. Potatoes, 10s per cwt. . , •

Messrs. Donald Reid and Co. (Ltd.) report :— We held our weekly auction sale of grain and produce at our stores on Monday, when we submitted a. representative catalogue to a large attendance of buyers. Bidding was spirited, and almost every lot offered was disposed of at full value. Values ruled "as under :—: — - . -. Oats.— There is no change to report in this market. Consignments during the past .week have been very light, and are- barely sufficient to supply, local requirements. Any lots coming forward havej'been .quitted on arrival at prices on a par with those ruling last week. Quotations : Good to best feed and milling, 2s 4a .to 2s 6d ; medium and inferior, 2s , to 2s 3d pet bushel (sacks extra). 1 Wheat.— Business is quiet, there being very little, offering on this market. Fowl wheat is more plentiful, but as the demand is good, prices remain unchanged. Any, prime lots offering' are readily taken up by millers. New season's wheat has been on offer at northern stations during th-e week at prices below'late quotations, andy this fact has- some effect on values here. Quotations : Prime milling, 3s 6d to 3s fiid ; modaum, 3s 4£d to 3s 54d ; whole fowl wheat, 3s to 3s 4id ; broken and damaged, 3s to 3s -2d per bushel (sacks extra). _ ■ , Potatoes.— Consignmen Is continue to come forward steadily, and as the- demand' is slack prices have easod to some extent. A large proportion of locally-gxown potatoes are still too green for keeping, and consequently have to be disnosed of at once. Oamarugrown potatoes, however, are much rimer, - and command top ruling prices. Quotations : Best freshly-dug I? i ' £ J, \\ n n V lOs ; modiun *. £5 10s to £6 10s ; stale, £4 10s to £5 per ton (sacks included).

Chaff.— The demand £or x all., classes of-. chaft: t still continues good, and all coming-' forward meets-'a 'ready ' sale on. arrival. Prime heavy -oaten sheaf is inmost demand, and at our auction sale" ' we sold several trucks at prices equal to those obtained last week. Quotations: Choice, ' £5" 5s to £s:7s'-(5d.; 'good :'to CHbats' Stea). 5S UlCdiUfU ' **}*?'*>- *V 15??V 15 ??« r Pressed Straw.— This -is in short supply -and~would-