Commercial

New Zealand Tablet, 13 April 1911, Page 669

Commercial

PRODUCE Wellington, April 10. —The High Commissioner cabled from London on April 8 as follows: Mutton. —The market is depressed and the stocks on hand are heavy. The consumption is increasing, but there is no change in the prices. Lamb. —The market is firmer, with a better demand, though arrivals are very heavy. Stocks are accumulating. Canterbury, 4-|d; other than Canterbury, 41,d. Beef. —There is no alteration in the beef market since last week. Butter. —The market is firm for best quality, but dull for second-class quality, of which the present supplies exceed the requirements. Choicest New Zealand butter, 108 s; Australian, 102 s; Danish, 120 s; Siberian, 104 s. Cheese. The market is very firm, and there is a general active demand. New Zealand cheese, 625. Hemp.—The market is unchanged. The output from Manila for the week was 30,000 bales. The stock of New Zealand hemp totals 606 tons. Wheat.-The market is dull, and the supplies are small. New Zealand wheat, long-berried, ex granary, per quarter of 4961 b, 325. Oats. —The demand is falling off. Now Zealand oats, short sparrowbills, ex granary, per quarter of 3841 b, 18s; Danish, per quarter of 3201 b, IGs. Beans. —There is little demand. Now Zealand beans, f.a.q., old crop, per quarter of 5041 b, 345. Peas. The market is very quiet, with nothing doing. New Zealand peas (partridge), per quarter of 5041 b, 425. Messrs Dalgety and Co. (Ltd.) report as follows: We held our weekly auction sale at our store on Monday, the 10th inst., when we offered a good catalogue to the usual attendance of the trade. Bidding was decidedly slack, and we passed the bulk of our catalogue in. The following were the prices realised;Oats. —The market still continues to advance. The offerings from the country are light, and merchants are picking up any lines which come within their limits. Millers are also buyers, and good Sutherlands are in demand. Black and Dun oats are scarce, and are wanted for seed. Prime Dun and black, 2s 3£d to 2s 4d ; good feed, 2s 3d to 2s 3£d; medium, 2s 2d to 2s 2id; inferior, 2s to 2s Id per bushel (bags extra). Wheat. —During the end of last week there was a much better demand, owing to the London market being reported as steadier; consequently, although prices were no different, a large' volume of business, was put through. All good lines are in demand. Prime velvet, 3s S-Jd to 3s 4d ; prime Tuscan and velvet ear, 3s 3d to 3s 3 id; whole, fowl feed, 3s Id to 3s 2d; broken and damaged, 2s IGd to 3s per bushel (bags extra). > Potatoes.—There is not much difference to report in values. There is a strong demand, but supplies are coming in slowly. All good samples are eagerly competed for, but buyers arc chary about touching any linos showing any signs of grit. Best sorts, £4 to £4 os; medium to good", £3 10s to £3 17s 6d; inferior, £2 10s to £2 15s per ton (bags in). Chaff.—Large supplies have come forward from the country, with the consequence that prices are easier, and, as buyers hold fair stocks, the hulk of what is coining forward is going into store. Best oaten sheaf, £4 7s 6d to £4 10s: medium to good, £3 17s 6d to £4 os; light and inferior, £3 to £3 10s; straw chaff, £2 12s 6d to £2 15s per ton (bags extra).

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 large catalogue to the usual produce dealers and others. With the exception of chaff, all lines met with good competition. Values ruled as under: Oats. Consignments are coming forward very slowly and the market shows a firming tendency. Any prime lots of Cartons or . sparrowbills on offer are readily taken by shippers at prices a shade firmer than those ruling last: week. Good feed lines are .also in good demand. Wo

quote:—Prime milling, 2s 3i to 2s 4d ; good to best feed, 2s 2*d to 2s 3d; inferior to medium, 2s Id to 2s lid per bushel (sacks extra). . , - Wheat.— has been a little more inquiry during the week owing to the fact that a couple of shippers have been operating. - At the same time, not much business is going through, farmers not being anxious to accept present rates. Fowl wheat is not so plentiful, and meets with ready sale. We quote: Prime milling velvet, 3s 3£d to 3s 4d; Tuscan, etc., 3s 3d to 3s 3*d; medium milling and best whole fowl wheat, 2s 9d to 2s lid; broken and damaged, 2s 3d to 2s 6d per bushel (sacks exrta). Potatoes.— prime samples are readily sold on arrival at prices in advance of those ruling since our last sale. Owing to the Oamaru crop being affected with the worm, any lots from this district are almost unsaleable. We quote: Prime Up-to-dates, £4 5s to £4 7s 6cl; medium to good, £3 7s 6d to £3 15s; inferior, from £2 10s upwards per ton (sacks included). Chaff. Extra heavy consignments have been arriving during the last few days, mid prices are slightly easier. The demand is confined to prime lots, medium and inferior being more difficult to place. We quote; Prime heavy oaten sheaf, £4 10s; medium to good, £4 to £4 ss; inferior £3 10s to £3 15s ; oaten straw chaff, £2 12s Cd to £2 15s per ton (sacks extra). Straw.—We quote; Oaten, £2 10s; wheaten, 27s 6d per ton (pressed). Hay.—Prime clover, £4 5s to £4 IQs (pressed, ex truck).

Messrs. Stronach, Morris and Co. (ltd.) report for week ended April 11, as follows; Oats. —Farmers are holding very firmly and consignments are small. Shippers are readily taking any good lines offering at slightly increased prices. Quotations: Prime milling, 2s 31 d to 2s 4d; good to best feed, 25.21 d to 2s 3d; inferior to medium, 2s Id to 2s lid (sacks extra). V. heat.—There is very little business doing, farmers not being inclined to accept ruling rates. Prices hardened slightly during the week owing to a local shipping inquiry, but millers are not buyers. Quotations: Prime milling \ el vet, 3s 3id to 3s 4d ; red wheats, 3s 3d to 3s 3-id; medium, milling and whole fowl wheat, 3s Id to 3s 2d; medium fowl wheat, 2s 9d to 2s lid; broken and damaged, 2s 3d to 2s 6d per bushel (sacks extra). Chaff. The market has been heavily glutted during the last few days, and prices are inclined to ease. Medium and inferio’r lots are not in demand, the only inquiry being for prime quality. Quotations: Prime heavy oaten sheaf, £4 Ids; medium to good, £4 to £4 ss; light and inferior £3 IDs to £3 15s; straw chaff, £2 12s Gd to £2 15s per ton (sacks extra). Potatoes.—-There is a good demand for prime lines at slightly improved prices. The northern crop is mostly affected with blight, and any consignments forwarded here are practically unsaleable. Prime Up-to-Dates. £4 5s to £4 7s 6cl; medium to good, £3 7s 6d to £4; inferior, £2 10s to £3 per ton (sacks in). Straw.—Quotations : Oaten, 50s per ton; wheaten, 27s Gd per ton (pressed). WOOL Mr. M. T. Kennedy, 217 Crawford street, Dunedin, reports as follows: Rahbitskins. —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, 6d to 8d per lb; fine crossbred, s ld to 7d; coarse do., 5d to 6id ; pelts, 3d to sa. Hides. —Sound ox, 6d to 8cl; do. cow, 5d to 6£d; damaged ox and cow, 3d to 41d ; calfskins and yearlings (sound), 6id to 9d. Horsehides, 8s to 14s each. Tallow.—Best in casks, to 26s per cwt: do., 245; mixed, 18s to 20s; rough fat, 16s to 20s. Prompt returns. No commission.

Stronach, Morris & Co., Ltd., report as follows; Rabbitskins.—We held our fortnightly sale yesterday, when wo offered an exceptionally large catalogue. There was a large attendance of buyers, and bidding was exceedingly brisk, all classes of skins selling fully up to late rates. Quotations: Winter does, 15d to 18d; bucks, 12d to 15d: spring bucks, ll£d to 144 d; spring does, Sid to 9£d; racks, 9d to lOd; light racks, Sid to 9RI; milky does, 7d to 8d; early autumns, 13RI to 14Jd: hawk torn, to 7d; weevilly, to 6 id; catskins, to 6d each; horsehair, 17d to, IS^d. Sheepskins.We hold our fortnightly sale to-day, when wo offered a medium catalogue. Competition was slack for off stuff, good lambskins and pelts selling fully up to last week’s rates. Quotations : Best halfbred, 7d to vjd • medium to good, 54 dto 64d; best crossbred, 6d to 6?d • medium to good, sid to 6d; inferior and dead, 4-id to fiddliest pelts, 5d to 53d; medium to good, 4d to 4-^d; inferior* 2id to 3id; best lambskins, 6d to 6ddgood, 5d to 5^d ’ best Merino, 6d to 6|d ; inferior, 4id to s£d. 1 . ; Hides— Owing to the Easter holidays Ave will not hold a sale until the 27th inst,

Tallow and Fat. —Consignments are coming forward fairly regularly, and all received is readily placed at late rates. Quotations: Best rendered tallow, 23s to 265; medium to good, 20s to 22s 6d; inferior, 16s to 18s; best rough fat, 16s to 18s; extra good, to 20s; medium to good, 14s to 16s.

LIVE STOCK DUNEDIN HORSE SALEYARDS. Messrs. Wright, Stephenson, and Co. report: There was a very good entry of horses for last Saturday’s sale, the major portion of them being draughts, with a few spring-carters and weedy buggy sorts. There was a splendid attendance of the public, most of the town carriers, as well as a large number of farmers, being present, and included amongst them were quite a number of actual buyers. Consequently we have'to report a good sale. The consignment from Messrs. Tubman Bros., Roxburgh, was greatly admired, and elicited keen competition. A bay mare in this consignment commanded a lot, of attention, and was eventually secured by Mr. D. Lyon, Awamangu, for £6O. Another mare fell to the bid of Air. Ewen McLennan, Berwick, at a satisfactory price. The balance of this lot all changed hands at prices ranging up to £35. Mr. Thomas Whelan, of Roxburgh, also had a consignment of draughts forward, but most of them were rather stale for Dunedin market, and the highest price we have to record in this lot was £37 10s, this price being obtained for a nice five-year-old gelding. For other vendors we sold a large number of draught mares and geldings at up to £35. Spring-carters were also in demand, but most of them forward were on the aged and small side, and our highest price in this section was £2O. The buggy horses on offer were a rather weedy lot, and the highest price in this class we have to record is £l6. The demand for good young draught mares and geldings continues unabated, and we could place any number at the present time to advantage. We quote: Superior young draught geldings, at from £4O to £45; extra_ good ditto (prize-winners), at from £45 to £SO; superior young draught mares, at from £SO to £6O; medium draught mares and geldings, at from £3O to £4O; aged, at from £lO to £ls; strong spring-van horses, at from £25 to £3O; strong spring-carters, at from £lB to £25; milk-cart and butchers’ order-cart horses, at from £ls to £2O; light hacks, at from £8 to £l3; extra good hacks and harness horses, at from £l3 to £25; weedy and aged, at from £5 to £7.