Commercial

New Zealand Tablet, 30 March 1911, Page 573

Commercial

PRODUCE Wellington, March 27. —The High Commissioner's cabled market report from London on March 25 is as follows Mutton. —Market quiet, with more inclination to purchase mutton during the past week, on account of the low price. Canterbury, 3id (nominal); North Island, 33d (small supply). Lamb. Market is becoming more depressed on accounr, of stocks accumulating. Canterbury, sd; other than Canterbury, 43rdBeef.—Market firm. Supplies of American chilled small. New Zealand hinds, 4u; fores, 3|d. Pork. Market firmer, 5-Jd. Butter. —Market remains firm for the best quality, but the week was inactive for the second-class quality. Choicest New Zealand, 106 s; Danish, 120 s; Siberian, 102 s; Australian, 102 s. Cheese. —Market remains firm. New Zealand white and colored, 60s. Cocksfoot Seed. Market firm, with an improved demand. Wool. —Market strong in tone, owing to the business which has been done. Messrs Dalgety and Co. report: Oats. Offerings from the country still continue small, and farmers are disinclined to accept present prices. Merchants are the principal buyers, but the business passing is not on a large scale. Quotations are: Prime milling, 2s 3d to 2s 3kl; good to best feed, 2s 2d to 2s 3d; inferior to medium, 2s to 2s lid per bushel (bags extra). Wheat. —During the last week there has been more inquiry on behalf of buyers, and fair business has been done. Prime velvet and Tuscan are readily saleable at quotations. Fowl feed is more plentiful, but is being worked away in small lots. Prime velvet, 3s 3d to 3s 3kl; velvet ear and Tuscan, 3s 2kl to 3s 3d: whole fowl feed, ,3s to 3s lid broken and damaged, 2s 9d to 2s lid per bushel (bags extra). Potatoes. —At to-day's sales the offerings were not heavy, and prices were firm at last week's rates. Some potatoes from Oamani were offered, but owing to their being damaged low prices had to be taken for them. Best sorts, £3 15s to £4; fair to good, £3 os to £3 10s; damaged, £2 10s to £2 12s 6d per toil (bags in). Chaff. —Prime oaten sheaf is in good demand, but medium quality is slightly easier. Prime, £4 10s to £4 15s; medium to good, £4 to £4 7s 6d; inferior to medium, £3 5s to £3 10s per ton (bags extra). Messrs Donald Reid and Co. reports: Oats. —The market is firm for all grades. Offerings are not heavy, and merchants are taking all lines at prices fully up to late quotations. Prime Cartons and Sparrowbills have most inquiry, but any medium lots are readily taken by produce merchants for local consumption. We quote: Prime milling, 2s 2d to 2s id; good to best feed, 2s Id to 2s 2d; medium to good, Is lid to 2s osd; inferior, Is 9d to Is ]od per bushel (sacks extra). Wheat. —In sympathy with Australia, the market has shown a firming tendency. Prices have not advanced to any appreciable extent, but millers have been keener to buy at late rates. The bulk of the wheat offering is of prime quality, and all such lines are readily quitted, preference being shown for velvet. Fowl wheat is plentiful, and is moving off freely at quotations. Prime milling velvet, 3s 2d to 3s 3£d; Tuscan and velvet ear, 3s 2d to 3s 3d: best whole fowl wheat. 2s lid to 3s Id; medium, 2s 8d to 2s lOd; inferior, 2s 3d to 2s 7d per bushel (sacks extra). Potatoes. —The supply is barely sufficient for the demand, and prices are firmer. Prime samples have most inquiry, but medium lots are also saleable at full market rates. We quote: Prime up-to-dates, £3 17s 6d to £4; medium to good, £3 10s to £3 15s; small and inferior, £2 15s to £3 7s 6d per ton (sacks included). Chaff. —The market is well supplied with' consignments of prime quality. Wo offered from 50 to 60 tons at our sale, and in. face of a good demand quitted the whole at satisfactory prices. We quote: Prime oaten sheaf, £4 12s 6d to £4 15s; medium to good, £4 5s to £4 10s; inferior, £3 to £4 per ton (sacks extra). Straw.—Wheaten, 25s to 27s 6d; oaten, 40s to 45s per ton, pressed.

Messrs. Stronach, Morris and Co., Ltd. report for week ending March 28, as follows:

Oats. —The market is very firm, as farmers are not inclined to sell at the prices offering. "There is a good inquiry for prime gartons and sparrowbills, medium lines being taken by local merchants. Quotations: Prime milling, 2s 2d to 2s 2-kl; good to best feed, 2s Id to 2s 2d; milium to good, Is lid to 2s 0-kl; inferior, Is 9d to Is lOd per bushel (sacks extra). Wheat. —The market still continues firm,' but millers are not disposed to buy and will only touch prime lines. Fowl wheat is plentiful. Quotations: Prime milling velvet, 3s 2d to 3s 3kl; red wheats, 3s 2d to 3s 3d: best whole fowl wheat, 2s lid to 3s Id; medium, 2s 8d to 2s lOd; inferior, 2s 3d to 2s 7d per bushel (sacks extra). Chaff. Large consignments are coming forward, but there is a good demand, and prime quality is readily saleable. Medium and inferior lines are also easily sold. Quotations: Prime oaten sheaf, £4 12s 6d to £4 15s; medium to good, £4 5s to £4 10s; inferior, £3 to £4 per ton (sacks extra). Potatoes.—Consignments have not been large and prices are firm. Medium and inferior Jots are not inquired for. Quotations: Prime up-to-dates, £3 17s 6d to £4; medium to good, £3 10s to £3 15s; small and inferior, £2 15s to £3 ss ; per ton (sacks in). Straw.—Wheaten, 25s to 27s 6d; oaten, 40s to 45s per ton (pressed). WOOL Mr. M. T. Kennelly, 217 Crawford street, Dunedin, reports as follows : Rabbitskins.—Winter does, to 20d per lb; winter bucks, 16d to 18d; incoming autumns, 14d to 17d; racks, 8d to lOd. Horsehair, 16d to 19d; catskins, 4d to 6d each. Advices from London report a decline of 2d on all grades. Sheepskins.—Halfbred, Gd to 8d per lb; fine crossbred, 5-kl to 7d; coarse do., 5d to 6kl; pelts, 3d to sa. Hides. Sound ox, 6d to 8d ; do. cow, 5d to 6£d; damaged ox and cow, 3d to 4-kl; calfskins and yearlings (sound), 6id to 9d. Horsehides, Ss to 14s each. . Tallow.—Best in 26s per cwt: do., 245; mixed, 18s to 20s; rough.fat, 16s to 20s. . . ': Prompt returns. No commission. ' J . Stronach, Morris & Co., Ltd., report as follows: Rabbitskins.— held our fortnightly sale on Monday, when we offered a large and varied catalogue. There was a good attendance of buyers and bidding was very keen up to a price. The majority of the skins offered were summers and early autumns. Quotations: Winter does loci to IV d: mixed bucks and does, 12d to loci; spring bucks, llid to 14kl; spring does, B£d to 9kl; racks, 9d to 9id: light racks, Bkl to 9d; milky does. 7d to 7|d; early autumns to 14d; Weevil to 7d; hawk-torn, to 6|d; catskins, s*d each; horse hair, 17d to 18kl. Sheepskins.— offered a, very large catalogue at our sale to-day, when there was a good attendance of buvers. Competition was very keen for all prime lines, but dead and inferior were slightly harder of s ale. . Quotations: Best halfbred ,' d to /id; medium, 5M to 6§d; best crossbred, btl to 6|d; medium to good, skl to 6d; inferior, 4£d to o 2 cl; _ best pelts, 5d to 5-|d; medium to good, 4d to 43dinferior, 2kl to 3kl; best lambskins, Gd to 6fd; good, 5d to o|d; best merino, 6d to 6;}d; inferior, 4£d to s£d. . Hides.— next hide sale will be held on the 30th mst. Tallow and Consignments during the past week have been light, but prices still rule as at last report. Quotations: Best rendered tallow, 23s to 265; medium to good, 20s to 22s 6d; inferior, 16s to 18s; best rough fat, lbs to lbs; extra, to 20s; medium to good, 14s fo'l6s