PRODUCE

New Zealand Tablet, 16 July 1908, Page 17

PRODUCE

The Department of Industries and Commerce has received the following cable from the High Commissioner, dated London, July 11 :—

The million market is a shade weaker, there being less demand for Canterbury mutton. Quotations : North Island, 3ld.

Lamb. — The market is firm, notwithstanding large receipt*., and no immediate change is expected. Quotations : Canterbury, sad; brands other than Canterbury, 5.M per lb.

Beef. — The market has declined, owing to increasing sufj plies of hindquarters. Forequartcrs arc quoted at 2|d.

Butter. — The market is very firm, and butter in good demand. No stock is accumulating, prospects for next season being encouraging. Choicest New Zealand brands are quoted at 115s; Danish, 119s; Siberian, 109s; and Canadian, 115s per cwl. The cheese market is rather quiet. While makes are quoted at 645 ; colored, 58s.

The hemp market is depressed, and transactions light. Heavy shipments are expected from Manila. The stock held in London amounts to 706 tons. The following are current quotations : — Good fair grade, on spot, £27 ; fair grade, on spot, £,23 15s; fair current Manila, on spot, July-September shipments, good fair grad<', 10s; lair grade, ,^24; fair current Manila, £25 10s.

Messrs. Donald Reid and Co. report :—

We held our weekly auction sale of grain and produce at our stores to-day. There was a large attendance of "buyers, to whom we submitted a full catalogue. All lines were all supported up to late values, but for potatoes vendors were not disposed to accept these prices, and in consequence most of those on ofter were passed in. Values ruled as under :—

Oats. — During the past week, there have been more inquiries from other markets. Prime Gartons have most attention, and there is -also some demand for Spaxrowjjbdlls. Buyers are keen to take any offering at prices a shade below late qluotatiojjs, but sellers see no reason to reduce their reserves, and are not disposed to do so. More business has been done at quotations than has been possible for some weeks. We quote : Seed lines, 2s 5d to 2s Pd ; prime mining, 2s 2£d to 2b 3^cl ; good to best feed, 2s Id to 2s 2d ; inferior to medium, Is 10u to 2s per bushel (sacks extra)

Wheat. — The past week has been a quiet one, the market toeing in the same stagnant condition. Millers are not inclined to increase their stocks, which, in some cases, must be now in small compass. Fowl wheat moves off slowly at about lale quotations. We q;uote : Prime milling (nominally), 4s l£d to 4s 2d ; seed lines, 4s 4d to 4s 9d ; whole fowl wheat, 4s to 4s Jd ; broken and damaged, 2s 9d to 3s 9d per bushel (sacks extra).

Potatoes. — The market was steady at late values until the close of the week, when prime up-to-dates met with improved demand at prices which showed a rise of 5s to 7s 6d per ton. At to-day's sale competition was good up to a point, but in most cases sellers' idejas of value were biarely reached. " At the advance reported we have disposed of over 1000 sacks. We quote : Best Derwcnts, £4 10s to £4 15s ; choice lots, .£4 15s to £5 ; medium, £4 5s to £4 10s ; best up-to-dates, £4 7s 6d to £4 12s 6d ; medium, £4 to £4 5s ; inferior and small, £3 5s to £3 15s per ton (bags included).

Chaff.— Owing to the temporary interruption in railway traffic small supplies have been coming forward,

and local buyers have been taking, all prime quality at prices rather above exporters' limits. : \Ve quote : Best oaten sheaf, £1 5s to £4 7s 6d ;' extra .heavy and choice, to £4 10s ; medium to good, >£3 15s to £4 2s 6d ; light and discolored, £3 to £3 10s ; straw chaff, '£2 5s to £2] ss per ton (bags extra).

Straw.— We q.uole Oaten, 37s 6d to 40s ; wheaten, 35s per ton (pressed).

Turnips.— We loose, ex truck.

quote : Best

swedes, 22s .per ton,

Messrs. Dalgely and Co., Ltd., report as follows :—: —

We held our usual weekly auction sale of grain and produce at our stores on Monday, when we submitted a representative catalogue to a fair attendance of local buyers. Under good competition a fairly good clearance was effected at satisfactory prices. Values ruled as under :

Oats. — There are no fresh features in this market to report, although there has been a slightly better inquiry for shipment. Many vendors, however, are in no hurry to sell, and as the prices merchants are offering are comparatively low, no great volume of business is passing for shipment. Locally business is quiet. We quote : Prime milling, 2s 2-Jd to 2s 3^d ; good to best feed, rs id to 2S 2d ; inferior to medium, is nd to 2s per bushel (sacks extra).

Wheat. — This market still continues quiet. Millers s.re occasionally in and out of ihe market, bul are not disposed to operate on a full basis of late quotations. A few Jims, for which immediate disposal is wanted, are being quitted as fowl wheat, which has fair inquiry at up to 4s per bushel. We quote: Prime milling, 4s id to 4s 2d ; medium to good, 4s to 4s id ; whole fowl wheat, 4s to 4s id ; .broken and damaged, 3s 3d to 3s 8d per bushel (sacks extra).

Potatoes. — Consequent upon the recent wet weather, arrivals to hand have been very light, and as stocks in store are chiefly held at vendors' reserves, local buyers have had to advance to secure their supplies. Prime quality tables showed an advance at auction on Monda} of from 7s 6d to 10s per ton on late quotations. We quote : Extra prime Derwents, 15s to ; prime Derwcnts, 7s 6d to 12s 6d ; prime Up-to-Dates, 5s to £jc 12s 6d ; medium to good, to £-\. ss; small and inferior, .£.3 2s 6d and upwards per ton (bags in).

Chaff. — Weather conditions have also affected arrivals in this market. Merchants have lately been quitting ex store lots, a number of which were of indifferent quality at satisfactory prices. Prime quality at auction showed an advance of about 5s per ton. There is improved inquiry for all descriptions. We quote : Extra prime oaten sheaf, to ios^ prime oaten sheaf, £■{ 5s to jQ^ 7s 6d ; medium to good, 17s 6d to 2s 6d ; inferior and light, to 10s per ton (sacks extra).

Straw. — The market is almost bare of supplies. We quote Oaten, £2 ; wheaten, 35s per ton (pressed).

Turnips. — We quote : Best swedes, 22s per ton, loose (ex truck).

Stronach, Morris, and Co., Ltd., report for week ended July 14 as follows :—: —

Oats. — During the past week there , has been little more inquiry for prime Gartons and Sparrowbills, but owing to ihe prices offered being below vendors' limits there is very litt'.u business passing. Seed lines, 2s 5d to 2s 9d ; prime millinj, 2s 2d to 2s 3^d ; good to best feed, 2s id To 2s 2d ; infe'ior to medium, is iod to 2s per bushel (sacks extra).

Wheat. — There is nothing new to report in the wheat maikov, as millers are not inclined to buy. Fowl wheat is slow of sale at late quotations. Prime milling (nominally), 4s id- to 4s 2d ; seed, 4s 4d to 4s 9d; whole fowl wheat," 4s to 4s ic;broken and damaged, 2s 9d to 3s gd per bushel (sacks cxl.a).

Potatoes. — Towards the end of the week prices imp.-ovtd to the extent of from 5s to 7s 6d per tqn, caused, no doubt, by the recent wet weather. There is still good inquiry. Best' Derwents, • ;£4 10s to 15s; medium, £^ 5s to £4 10s ; best Up-to-Dates, £4 7s 6d to £4 12s 6d ; medium to good, £4 to j£4 5s per ton (bags in).

Chaff. — Owing to the recent wet weather, there has been very little chaff coming forward, and this has all been taken vp f by local 1 buyers at slightly advanced rates. Best oaten sheaf, £-\ 5s5 s to £l 7 s 6d ; medium to good, 15s to- £4 2s 6d ; light and discolored, £2 to £5 10s ;" straw '• chaff, £2 $ s to £2 15s per ton (bags extra).

Pressed Straw. — Oaten, 37s 6d to 40s ; -wheaten, 32s 6d to 35s per ton.