Commercial

New Zealand Tablet, 4 May 1911, Page 813

Commercial

PRODUCE

Wellington, May I.The High Commissioner's cablegram from London, April 29, is as follows: Mutton.—The market is very dull, a River Plate large Bupply being pushed for sale. Canterbury, 3fd; North Island, 2'fd. Lamb. The market is depressed. Canterbury, 4£d; other than Canterbury, 4d; River Plate, 3-|d. Beef. Market quiet. New Zealand hinds, 3^d; fores, 2gd. Butter. —The market declined 4s for Danish, and Siberian is unchanged.. Colonial choicest New Zealand butter, 109 s; Australian, 102 s; Danish, 112 s; Siberian, 98s. Cheese. —The market is quiet, with prices slightlyweaker. New Zealand, 61s. Hemp.—The market is quiet, but rather steadier. New Zealand good to fair, on spot, £2O; fair grade, £l9 ss; forward shipment at same price; fair current Manila on spot, £l9; forward shipment, £l9 15s. The output from Manila for the week was 25,000 bales. Wheat.—Market quiet and steady. New Zealand long-berried wheat, on spot, ex granary, per quarter of 4961 b, 325; short-berried, 41s 6d (nominal). Oats. —'There is a general active lemand for New Zealand oats. Short sparrowbill, ex granary, on spot, per quarter of 3841 b, 20s; Danish, per quarter of 3201 b, 17s 6d. Beans. There is more demand. New Zealand beans, f.a.q., old crop, per quarter of 5041 b, 355. Peas. —Market firm, the demand only moderate. New Zealand peas (partridge), per quafter of 5041 b, 445. Messrs Donald Reid and Co. reports: We held our weekly auction sale of grain and produce at our stores on Monday. Our catalogue comprised most of the lines in demand locally, and except for chaff was cleared at prices on a par with late quotations. Values ruled as under: Oats. —Moderate quantities are coming forward, and in most cases meet with ready sale on arrival. _ Special seed —Duns, Tartars, etc., are strongly inquired for, but are not offering freelv. We quote: Prime milling, 2s 3£d to 2s 4d; good to best feed, 2s 2£d to 2s 3Jd; inferior to medium, 2s to 2s 2d per bushel (sacks extra). Wheat.—Prime Tuscan and velvet ear, suitable for export, have had strong inquiry during the past week, and values have advanced slightly. Prime velvet is also in good demand with local millers, but is not competed for by shippers. Fowl wheat has become scarce, and good whole fowl wheat is readily'dealt with. We quote: Prime milling, 3s 4£d to 3s sd; medium to good. 3s 3|d to 3s 4d; best whole fowl wheat, 3s 2d to 3s 3£d; medium, 2s lOd to 3s Id; broken and damaged, 2s 4d to 2s 9d per bushel (sacks extra). Potatoes. —Supplies are coming forward steadily, and all prime lots are readily quitted on arrival. Medium quality is not so saleable, while doubtful lots are difficult to place. We quote: Prime up-to-dates, £4 5s to £4 7s 6d; extra choice lots, £4 10s; medium to good, £3 10s to £4 2s 6d; inferior, £2 to £3 5s per ton (bags included). Chaff. —The market has been much over-supplied. In consequence it has been difficult to deal with consignments ex truck, particularly as railway regulations regarding demurrage charges on delayed trucks are stringent. Considering the quantity coming forward, pric.es have not suffered so much as might have been expected, but in order to avoid sacrificing them it has been necessary to put many lines into store. We quote: Best oaten sheaf, £4 5s to £4 7s 6d; medium to good, £3 15s to £4: light and inferior, £3 to £3 10s. Straw chaff, £2 5s to £2 10s per ton (bags extra).

Messrs Dalgety and Co. "report: We held our usual weekly auction sale of grain and produce at our stores on Monday, when we offered a representative catalogue co a full attendance of buyers. For oats and wheae there was keen competition, but chaff was slow of sale. The following; are'the prices realised: Oats.— is a good demand at the present time for seed lines of heavy Gartons. Millers are buyers of good feed lines at prices on a par with late rates. Any consignments coming to hand are quickly quitted on arrival,

and there is also a good local demand. .Prime milling, 2s 3£d to 2s 4d; good to best feed, 2s 3d to 2s 3|d; inferior to medium, 2s to 2s 2|d per bushel (sacks, extra). ¥% Wheat. Owing to the rise in value in London, wheat has advanced correspondingly here, and there is a good demand-at the prices now ruling. Fowl feed is readily saleable-in small lots to" the local trade. Prime milling, 3s 4sd to 3s sd; medium milling, 3s 3d to 3s 4£d; whole fowl feed, 3s 2d to 3s 2*d; broken and damaged, 2s 8d to 3s per bushel (bags extra). ; : •'. "■ . % . '. ' Potatoes.—-Supplies coming forward from the country are about equal to the demand, -and prices remain on a par with late rates. : Best sorts, £4 Jos to £4 7s 6d; medium, £3 5s to£4; diseased, £2 to £2T.5s per ton (bags in). Chaff.— arrivals from the country have slackened off very perceptibly within the last few days, and all lines in store are firmly held by farmers. The demand is not by any means keen, as the bulk of the merchants hold fairly heavy stocks. The consequence is that there is not a great deal of business passing. The following are quotations ruling: Choice chaff, £4 10s; good chaff, £4 2s 6d to £4 7s 6d; medium chaff, £3 5s to £3 15s; oaten straw chaff, £2 10s to £2 15s per ton (bags extra).

Messrs. Stronach, Morris and Co. (Ltd.) report for week ending May 2, as follows: Oats.—Fair consignments are coming to hand and meet with ready sale on arrival. There is a good demand for seed lines. Quotations: Prime milling, 2s 8-£d to 2s 4d; best feed, 2s 2£d to 2s 3^d; inferior to medium, 2s to 2s 2d per pushel (sacks extra). Wheat.—There has been a fairly strong demand for shipment, but millers are not very keen buyers. Prime velvet is in most demand by them. " Good whole fowl wheat is readily saleable. Quotations: Prime milling, 3s 4£d to 3s sd; medium to good, 3s 3 3 -d to 3s 4cl; best whole" fowl wheat, 3s 2d to 3s 3*d; medium, 2s lOd to 3s Id; brokeu and damaged, 2s 4d to 2s 9d per bushel (sacks extra).

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, 6d to 8d per lb; fine crossbred, s£d to 7d; coarse do., 5d to 6£d; pelts, 3d to sa. Hides.—Sound ox, 6d to 8d ; do. cow, 5d to 6£d; damaged ox and cow, 3d to 4|d; calfskins and yearlings (sound), 6£d 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 offered ah exceptionally large catalogue at Monday's sale to a large attendance of buyers. There was very keen competition for all sorts, and prices were, if anything, a shade better. Incomings and autumns were eagerly competed for. " Quotations: Autumns and incomings, 15d to 15Jd ; last season's winters, 14d to 16d; autumns, 12*d to 14£d; racks, 9d to 10? d; light racks, B§d to 9£d; spring bucks, 8-J-d to 9-}d; spring does, BJd to 9d; hawk torn, s|d to 7id; milky does, 7d to Bsd; small, 5Jd to 7d; weevilly and broken, 5d to 7£d. Horse hair, 17d to 18}d. Sheepskins.— offered a medium catalogue at today's sale. Owing to the rise in the London market prices for well-woolled skins were from id to |d better. Other kinds ruled about the same. Quotations: Half bred, 6|d to 7*d; fine crossbred, 6£d to 7d; coarse, 6d to 6i|d; best pelts. 5d to 6£d; medium to good, 4|-d to sd; inferior, 3d to 4d; best lambskins, 6d to 6gd; medium to good, 4£d to s£d. ...... Hides.—We held our fortnightly sale on Thursday, 27th ult., when we offered a large catalogue. There was keen competition for all prime ox and cow hides, whilst countrv consignments also met with a better demand than has ruled for some time 'past. Bull hides and calfskins showed a slight drop as compared with the proceeding sale. Quotations: Prime stout heavy ox hides, 7fd to Sgd; stout heavy do. 7£d to.Tfd; heavy, 6|d to 7£d; medium, 6gd to 7£d; light, 6£d to 6fd: stout heavy cow hides, 6 r kl to 62d • medium, 6|d to Gjkl; light, 6d to 6^d: inferior ox and cow, 4Jd to 5:?d; yearlings, • 4£d to 6Jd; calfskins, 7d to Bd;for best: 4£d to 6d for inferior. Bull hides, 4£d to sd. Tallow and Fat.—There is a good deal Coming forward, and this is readily placed at late quotations.