Commercial

New Zealand Tablet, 17 August 1911, Page 1577

Commercial

PRODUCE

Wellington, August 14. —The High Commissioner cabled as follows from London on August 12 (the quotations, unless otherwise specified, are the average market prices on spot) :

General. —This week everything is at a standstill on account of the strike in the transport carrying trades. No ships have unloaded, it- being practically impossible to deliver from the steamers. The conditions improved yesterday, and the strike terminated. Work will be resumed on Monday. Prices are irregular. Mutton. North Island, 3|d. Lamb. Canterbury, 6d; other than Canterbury, s|d. Beef. —Stock of New Zealand hinds and fores accumulating rapidly.

Butter. —Market firmer; no change in weather; rain badly needed. Danish, 1265; Australian, 112 s; Siberian, 110 s. Cheese.—Market remains firm. New Zealand stock exhausted.

Hemp. —Market lifeless. Good fair, on spot, £2O; fair grade, £l9 ss; fair current Manila, £2O. Forward shipment: New Zealand good fair, £2O 10s; fair grade, £l9 10s; fair current Manila, £2O 10s. The output from Manila for the week was 30,000 bales.

Wool. —Market quiet but firm.

Messrs Dalgety and Co. "report:

Oats.—The market still continues firm, with very few oats offering from the country, consequently prices are a bushel better than last week. Prime milling, 2s 6|d; best feed, 2s s|d to 2s 6d ; medium to good, 2s 3|d to 2s sd; inferior, 2s to 2s 2d per bushel (bags extra). Wheat. There is a very strong demand, all clsases being inquired for. Millers are keen buyers, and the market since last week has firmed from Id to Id a bushel. Prime velvet, 3s 8d to 3s 9d; best Tuscan and velvet ear, 3s 7d to 3s 7-i-d; medium, 3s 6d to 3s 6§d; best whole fowl feed, 3s 4d to 3s sd; inferior to medium, 3s to 3s 3d per bushel (bags extra).

Potatoes.—Owing to the lack of shipping inquiry there is very little demand. There is, however, a fair local demand, and any good sorts are easily disposed of. On the other hand, inferior to medium quality are hard to dispose of. Choice potatoes, £3 ss; good, £3 to £3 2s 6d; medium, £2 10s to £2 15s; inferior, £2 to £2 5s per ton (bags in). Chaff.—There is no change to report. Consignments still arrive steadily from the country. Only the very best is in request, medium quality being unasked for. Best black oat chaff, £4 7s 6d ; best white oat chaff, £4 2s 6d to £4 ss; medium to good, £3 5s to £3 15s; straw chaff, £2 to £2 10s per ton (bags extra).

Messrs Donald Keid and Co. report:

Oats.—Prime milling Gartons, 2s 6|d to 2s 7d; good to best feed, 2s s? r d to 2s 6d ; medium" and inferior, 2s 4|d to 2s 5d per bushel (sacks extra). Wheat. The improvement reported last week has been more than maintained, values having made a further advance within / the past few days. Prime milling velvet, 3s 8d to 3s 9d;" Tuscan, etc., 3s 6Ad to 3s 7id; medium, 3s s|dto 3s 6d; best whole "fowl wheat, 3s 4d to 3s 5d ; medium, 3s Id to 3s 3d; broken and damaged, 2s 8d to 3s per bushel (sacks extra).

Potatoes;—Supplies are on a moderate scale. The demand is confined to prime table lots, which have ready sale at £3 to £3 2s 6d; choice lots, up to £3 ss; medium to good, £2 10s to £2 17s 6d per ton (bags included). Chaff.—There is fair local demand for prime quality,' and a few inquiries from shippers have helped to maintain the tone of the market. Values, however, are unchanged. Best oaten sheaf, £4 2s 6d to £4 ss; choice, to £4 7s 6d; medium to good, £3 15s to £4; light and discoloured, £3 to £3 10 per ton (bags extra).'

Messrs. Stronach, Morris and Co., Ltd., report for week ended August 15, as follows: t

Oats.—There are very few lines offering from the country, and all coming forward meet with good demand Quotations: Prime milling Gartons, 2s 6Ad to o S If J f°°n J? best feed ' 2s s i d to 2s 6d; medium, 2s 4Ad to 2s sd; inferior, 2s to 2s 2d per bushel (sacks Wheat.—Quotations: Prime milling velvet, 3s 8d to 3s 9d; red wheats, 3s 6fd to 3s 7d; medium to good, 3s 5Jd to 3s 6d; best whole fowl wheat, 3s Ad to 3s 5d • medium, 3s Id to 3s 2d; broken and damaged, 2s 8d to 2s lOd per bushel (sacks extra). Chaff .--There. is still a large quantity coming to hand, the demand being only for the primest quality. Medium and inferior lots are neglected. Quotations:: Best oaten sheaf, £4 2s 6d to £4 ss; medium to good, Ad 15s to £4; light and discolored, £3 to £3 10s per ton (bags extra). 1 Potatoes.— There is very little demand, as the quantities coming forward are too large for local use and there is practically no shipping inquiry. Prices remain much the same as at last, report, best being saleable at from £3 to £3 2s 6d; medium to good, £2 10s to £2 los per ton (bags in). b

WOOL

Mr. M T. Kennelly, 217 Crawford street, Dunedin, reports as follows:-^-Rabbitskins.—Prime'' winter does, 17d to 18d • second does, to 16-Ad; prime bucks', to 16d; incoming and early winter, 14d to 15d; autumn, 12d to 13d ; racks, 7£d to 9d. Horsehair, 16d to 19d; catskins, 4d to 6d each. '

W Iff skls — 6d to 8d per lb; fine crossDied tJ-I to 7d; coarse do., 5d to 6±d; pelts, 3d to 5d Hides.—Sound, ox, 6d to 8d; do. cow, 5d to 6Ad • damaged ox and cow, 3d to 4|d; calfskins and yearlings (sound), 6Jd to 9d. Horsehides, 8s to 14s each. • - L l allw ßest m casks, to 26s per cwt; do., 24smixed, 18s to 20s; rough fat, 16s to 20s. ' Prompt returns. No commission.

Messrs. Stronach, Morris, and Co. report as followsRabbitskins.— offered a larger catalogue than usual at yesterday's sale, when there was a big attendance of buyers. Competition was very keen, and last week s high rates were fully maintained. Winter blacks showed an advance of from Id to 2d per lb. QuotaaT:J?l? rt er doe3 ' 21dt0 23d ; ™ winter aoes, IB£d to 20-id ; prime winter bucks, 17id to 18?-d ; seconds, 16d to 17d; incoming winters, 15d to 17d ■ outgoing 13Jd to 16d: autumns, lOd to 15|d; racks,' 9M to 10d; light racks, 8d to B|d ; small; 3|d to 5d ■ fawns, to 17Ad: winter blacks, 19d to 27fd; autumn blacks, 15d to 18d; hare skins, to 7d; horse hair, 17d to 19d per lb. Sheepskins.—There was fair competition at our sale held to-day, but prices showed very little change. Medium and inferior sorts of - skins were not eagerly sought after. Quotations: Half bred, 5-M to 7-1-d• medium* "to good, 6d to 6|d; inferior, 5d to 6d; best nne crossbred, 6Ad to 7d; coarse crossbred, 6d to 6M • medium to good, 5d to sfd; inferior, 2-U to 4M - S . Ski 6d to 6|d ; merino, s|d to 6*d ; best pelts,' 4J-d to 4fd; medium to good, 2id to 3kL ; Tallow and Fat.— coming forward meets with good competition, and prices are well maintained locally although the London market is somewhat easier Quotations : Best rendered tallow, 22s to 265; medium to ° od / t l9s nn to 21S ;- best rough fat, 16s to 18s: extra good, to 20s; medium to good, 14s to 16s