Commercial

New Zealand Tablet, 18 January 1912, Page 25

Commercial

■■ - ■ ♦ PRODUCE WELLINGTON, January 15. The High Commissioner’s cablegram, dated London, January 13, is as follows. (Note.—Quotations, unless otherwise specified, are average market prices on spot) : Mutton. —The market has not much changed, the tendency being slightly in favor of buyers. Canterbury, nominally, 4|d per lb ; North Island, 4^d. Lamb.—The market is very quiet as the result of heavy arrivals. Australian, 4£d; Argentine, 4ld. Nine thousand carcases of New Zealand lamb have arrived, and- are selling at s|d. Beef. The. beef market is very firm, affected by the uncertainty regarding the Argentine strike. Supplies are decreasing. New Zealand hinds, 3|d; fores, 3d.

Butter.—The market is very firm. The demand for on the spot is good; also to arrive. Average price for the week'for choicest New Zealand butter per cwt, 1355; Australian, 1325; Argentine, 131 s; Danish, 1395. The arrivals of butter during December were 5000 tons less than for December last year. The imports of butter into the United Kingdom during December, 1910, were 21,141 tons. Cheese. The market is very firm, and with a general active demand. The market shows signs of strength. Average price for the week: Choicest New Zealand cheese, per cwt, 73s 6d. The arrivals of cheese, during December amounted to 3500 tons less than for December last. The imports of cheese into the United Kingdom during December, 1910, were 10,319 tons. Messrs Donald Reid and Go. report: Oats.—We offered a small catalogue of medium to prime quality. There was very little competition, and the bulk of the offering was passed in. Buyers are not inclined to purchase except for actual orders, and the demand is therefore quiet. Prime milling, 2s 10£d ; . good to best feed, 2s 9d to 2s lOd; inferior to medium, 2s 6d to 2s 8d per bushels (sacks extra). Wheat. — Only small lots of prime milling quality are offering, and these are being gradually taken up by millers. Medium milling is being sold chiefly for fowl feed in the absence of other qualities offering for this purpose. Prime milling velvet, 3s lid; Tuscan, etc., 3s 9Ad to 3s lOd; medium, 3s 9d; best whole fowl wheat, 3s 8d to 3s 8Id; , medium, 3s 5d to 3s 7d; broken and damaged, 2s lOd to 3s 3d per bushel (sacks extra). Potatoes.—We offered a few old potatoes in good condition, which realised 36s per ton (sacks included). Chaff. Fair supplies are coming forward, and these meet only moderate demand. Prime quality alone is readily saleable. Best oaten sheaf £4 2s. 6d to £4 ss; choice, to £4 7s 6d; medium to good, £3 15s to £4; old and discolored, £3 to £3 10s per ton (sacks extra) / Messrs Dalgety and Co. report as follows; Oats. — Owing to the' absence of shipping demand rU 1 the market has gradually receded, and it is very difficult to effect ‘ sales at - even a reduction in present prices. Prime milling, 2s lOd; good to best feed, 2s 7d to 2s 9d; inferior to medium, 2s 5d to 2s 6d per bushel (bags : extra). Wheat. Owing to the favourable reports in London there is a better tone in the market. There is, how- ■ ever, • very little offering, and prices may be quoted firm at late rates. Prime velvet; *3s lOd to 3s lid;

velvet ear and Tuscan, 3s 9d to 3s lOd; best whole fowl feed, 3s 8d to 3s 9d; inferior, 3s 3d to 3s 6d per bushel (bags extra). Potatoes.We had none on offer at to-day sale. : . - Chaff.— sympathy with oats, the chaff market is.' slightly easier. There is no shipment taking place, and the demand is more than equal to last week’s supply; Best black oat chaff, £4 5s to £4 7s 6d; best white oat chaff, £4 to £4 ss; medium to good, £3 5s to £3 17s 6d ; inferior, £2 10s to £3 per ton (bags extra). , Messrs, Stronach, Morris, and C 0.,. Ltd., report for week ended January 16, as follows: Oats.—Very few lines are coming forward, and* prices are coming back daily. Large lines are very difficult to place. Quotations : Prime milling, 2s 9d to 2s lOd; good to best feed, 2s 7d to 2s 9d; medium, 2s 5d to 2s 6ld. Wheat. —The market is very quiet, 'as millers are not inclined to do business; Medium milling 'is being sold- as fowl wheat. Prime milling velvet, '3s lOd to 3s lid; red wheats, 3s 9d to 3s lOd; best whole fowl wheat, 3s 8d to 3s B|d; medium, 3s 5d to 3s 7d; broken and damaged, 2s lOd to 3s 3d per bushel (sacks %xtra). Chaff.—Fairly large quantities are still coming to hand, and sales are hard to effect. There is no demand except for prime quality. Quotations: Prime oaten .sheaf, £4 2s 6d to £4 ss; medium to good, £3 15s to £4; inferior, £3 to £3 10s per ton. WOOL Mr. M. T. Kennedy, -217 Crawford street, Dunedin, reports as follows: Rabbitskins.—Prime winter does, 17d to 18d; second does, to 16-ld; prime bucks, to 16d; incoming and early winter, 14d to 15d; autumn, 12d to 13d; racks, 7Ad to 9d. Horsehair, 16d to 19d; catskins, 4d to 6d each. Sheepskins.— 6d to 8d per lb; fine crossbred, 51 to 7d; coarse do., 5d to 6Ad ; pelts, 3d to sd. •; Hides. — Sound ox, 6d to 8d ; do. cow, 5d to 6|d; damaged ox and cow, 3d to 4|d ; calfskins and yearlings (sound), 6ld 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. - V, Prompt returns. No commission. . V- / / ' . * ' V . . Stronach, Morris, and Co. report as follows: Sheepskins.—We held our sale to-day'when we offered an exceptionally large catalogue. Bidding was very brisk, and prices for prime halfbred, fine crossbred, and pelts showed a slight advance. Other sorts were the same as at last sale. Quotations: Best halfbred, 7|d v to 7|d; medium to good, 6Ad to 7d; inferior, sid to 6|d; best fine crossbred, 6f-d to 7-J-d ; medium to good, 6d to 6Ad ; best coarse crossbred, 6d to. 6|d; medium to good, 5d to s|d; inferior, 3-|d to 4|d; best pelts, 4d to 4fd ; medium to good, 3d to 4d; inferior, lid "to 2|d; lambskins, 5Ad to 6d ; medium to good, 41d to s^d; best merino, 6id to 6|d ; medium to good, sld to 61 d. - " , 6 >