PRODUCE

New Zealand Tablet, Volume XXXV, Issue 2, 28 February 1907, Page 17

PRODUCE

* Wellington, February 25.— The -Department of Indus- . tries and Commerce has received the following-: cable- -» gram from the High Commissioner, dated London, ,T?eb- ,„; ruary 23 : — Mutton : The market is depressed and dull of sale Jor all qualities. The tendency of the jmarket < seems to be to decline. Current quotations : Canter---, - bury, 4£d to 4d ; and North Island, 4fd- and 3&d pel • . lb for light and heavy weights respectively. ' Lamb T " i The meat stocks on hand are heavy and widely dis-" tributed amongst agents, who are "pushing sales, and a j further drop in price -seems imminent, Australian-lamb.-'' is of mixed quality. New Zealand is quoted at s§<l to sd, and Australian 4fd to 4d per lb. Beef :-' The market is quiet, though there is a better demand:. New Zealand hindquarters are quoted, at 3sd, .and fores at 2|d per lb. Butter: The market is very de- - pressed, but a fair demand continues, awing to reports concerning the dry season and in anticipation of, small supplies ccoming forward from New Zealand.-Lat-er on in the season the market may, , however, improve. Choice New Zealand butter is quoted -at 99s ; ' Australian, 07s; Argentine, 98s; and Danish, 11,2s per - uwt. Cheese.— The market is very firm. There is a general and active demand for New Zealand -makes at 06s per cwt. The hemp market is quiet, and . little business doing, but a good feeling prevails. There has . been a decline in price owing tci the heavy arrivals. Good fair grade on spot is worth £38, and for- fair current Manila £40. There is scarcely any demand for" cocksfoot seed, and the market is quiet at 48s per cwt for clean dressed seed. The kauri gum market is steady, with a moderate demand. The stock cm hand is 1452 tons. Fine gum is scarce. Current quotations are : Ordinary to fair three-quarter scraped, 142s - Gd ; fair half-scraped, 85s ; fair half to three-iquarter scraped, 82s ; pickings, common to ' good, 45s ; bush ' fair to good- pale and" amber .scraped, 140s per cwt; N . Invercargill Prices Current :— Wholesale — Butter, (farm), 7d ; 9d. Butter (factory) j pats, Is lfd. Eggs, Is per dozen. Cheese, 7d. Hafts?'- 9d. Barley, 2s to 2s 6d. Chaff, £4 per ton. Flour, ?£ 9to £9 10s. Oatmeal, £11 10s to- £12. Bran, £1 55.. Pollard. £5 to £5 10s. Potatoes, £6. Retail— Farm butter, 9d;* separator, lid Butter (factory),. pats', ls'4d. Cheese, 9d. Eggs, Is 3d>pex - dozen. Bacon, lOd. Hams, lOd. Flour— 2ooft; 20s ; 25ft, 5s 3d ; 25ft, 2s 9d. Oatmeal— solb, 6s 6d; 251£, 3s 6d. "Pollard, 9s 6d. Bran, ss. Chaff, 2s 6d. Potatoes, 7s - per cwt. Messrs. Stronach, Morris, and Co. report :—: — " Oats.— The market- continues firm, and quotations - are as follow : Prime milling, 2s 6d to 2s 7d ; good to best feed, 2s 5d to 2s s£d ; medium and inferior;" 2s" 3d to 2s 5d per -bushel. ' - - ' _ - f . ' Potatoes. — Supplies are plentiful, and quotations are • as follow : JPrinie table sorts, £6 5s :to £7 ;. medium to' gocd, £6 to .£6 10s ; small and inferior, -£4 to £4 10s per ton. . ' „Chaft — The market is over-supplied^ and prices* are somewhat easier, viz., prime oaten sheaf,' £4 12s 6d to -i £4 15s ; extra well cut and heavy, to £o ; medium and inferior, £4 to £1 10s per ton.

Messrs. Donald .Reid a"d~ Co. (Ltd.) report :— We held pur weekly auction sale of grain and prochTce i. at our stores on Monday. There- was a good and except for chaff, which %as in ' over:sup'ply r - most of the lines on -offer ~ found-, buyers at quotations. Values ruled "as under :— • , ,-Oats;— The market is , almost of .supplies,^and sts; ■ nearly all on offer .are -being taken for local "concumption- at prices beyond shippers' limits," orders for export fire being filled at other ports. There is good inquiry ~for seed duns for immediate sowing, while for feed • orders "all sound-conditioned oats are in good demand. 'We^;? quote: Prime ~ milling; '2s 6'd" to 2s.7df good to -best feed, 2s ' s£d tci 25~6d1; inferior to medium," 2s 3d to 2s "5d per bushel (sacks extra). Wheat.— The late rains have interfered with threshing, from stock, and in consequence very little has been offering from '-'southern districts". For all- prime milling sorts values are well " maintained," but mediuiji quality is not in favor -with millers s - and continues to, find an outlet as- fowl wheat. We quote : Prime milling, 3s 4£d_to -3s 5d ; me:dium and whole fowl wheat, 3s. 3d .. to 3s 4d ; broken ' and damaged, 3s to 3s 2d per bushel (sacks extra). . . Potatoes.— Moderate supplies are coming forward, and for good sorts, freshly picked, "values are fairly maintained. We "quote :,. Best ' sorts, £6 15s' to £7 ; medium, •£6 to £6 10s ; stale and inferior, £5 to £5 15s per- ton (sacks included). - " --Chaff. — Supplies have been .coming" in, freely,' and although there is gcod local ■.demand for, prime*- quality it has been unable to absorb - tKe : quantity' arriving. ■ A largcproportion of .late arrivals have therefore gone into stores, as sellers are not readily disposed to make • any- heavy . reduction on late values. We quote : , Best oaten sheaf, £4' 12s ~6d to ; extra choice, to £s'; medium to good, £4 55.-to,£4 10s,; inferior - and light, £3 10s to £4 ; straw chaff, £3 to £3 10s per ton (bags extra). Pressed Straw".— We quote : Oaten,- 60s ; whea'ten, 55s to 57s 6d' per ton.