COMMERCIAL

New Zealand Tablet, 3 June 1915, Page 29

COMMERCIAL

'•■'•.'_' The .High Commissioner cabled on May, 29 (note that the quotations, unless otherwise "specified, are the average market prices on spot) :-7 >' £ r - >. The demand for meat has fallen off considerably oh account of the high prices,' but the market is firm, and prices continue to advance, owing to the short supply available for the general public. ' ._ : _%,/ : : Mutton.—Canterbury, 6Jd: North Island, 6§d; ewes, 6d. • Lamb.—Canterbury, B]d for all weights; second grade, 8d : other than Canterbury, B£d for best quality ; second grade, 7|d. Beef.—New Zealand beef not quoted. There is a moderate supply of chilled at: Hinds, Bid : fores, 6|d.- -, ; Butter.—Market, quiet; may go lower. - Danish, 148 s. to 150 s; New Zealand, 142 s to 144 s f Australian, 138 s to 140 s: Siberian, not quoted; Irish creamery (Government buying- continues), 140 s to 1445; Argentine, 138 s to 140 s. xv- Cheese.—Market very firm on account of the difficulty of obtaining supplies. Canadian last season's make is cleared, and this season's make is not yet available. The New Zealand market is firm, and prices continue to advance. White and colored, 98s to 100 s: United States, clearing on arrival at 88s to 945, according to quality and size : English Cheddar, not quoted. Hemp.—Market quiet, with a tendency in favor-of buyers. New Zealand good fair grade, £32 10s : fair, £3O 10s: fair current Manila, £39: June to August shipment, good fair, £32: fair, £3O: fair current Manila, £3B 10s. The output from Manila for the week was-28,000 bales. - ' - Hops.—Market steady, and holders are firm. English, 105 s to 80s: Calif or man, 95s to 655. Wheat.—Market becoming more depressed on account of very moderate demand. Prices are nominal. Canadian, on passage, nothing offering here ; May to June shipment, 645: American, July-August shipment, 53s 6d : Argentine, on passage, 635. Oats.—Market dull. There is very little business doing. Argentine, on spot, 30s: May-June shipment, 295. - " -'•• \ Messrs. Strouach, Morris, and Co., Ltd., report for week* ended Tuesday, June 1, 1915, as follows: Rabbitskins.—Our next sale will be held on Monday, 7th inst. Sheepskins.—We held our fortnightly sale to-day, and offered a full catalogue to the usual attendance of buyers. Competition was keen, and prices were fully as good as last sale, if not a shade better. ' Best half bred, to Hid; medium, 9id to 10|-d; best coarse crossbred, to Hid; medium, 9id to 10.'.d ; best fine crossbred, to Hid ; medium, 9 r |d to lOid : best merino, 7jd to Bj-d : medium, 6]d to 7d : best pelts, to 9§d„; lambskins, 9£d to lOid : hoggets, to ll]d per lb. Hides. —Our next sale will be held on Friday, 4th inst. Oats.—There is a keen demand. Shippers are offering freely and prices have shown a slight advance since last week's report. Prime milling, 4s Id to ,4s 2d ; good to best feed, 4s to 4s Id inferior to medium, 3s 9d to 3s lid per bushel (sacks extra). Wheat.—There is a better inquiry, more "especially for good milling samples. Prime milling velvet, 6s lOd to 6s lid; Tuscan and red wheats, 6s 8d to 6s lOd; best whole fowl wheat, 6s 6d to 6s 8d per bushel (sacks extra). Chaff.— The market is firm and there is a strong inquiry for prime samples. Choice lines, to £7 : prime oaten sheaf, £6 10s to £6.155; medium to good, £6 to £6 7s 6d per ton (sacks extra). Potatoes.—Small consignments have been coming forward of late, and the market shows a slight advance more especially for prime samples. Best tables, £4 15s to £5 ; choice, to £5 2s 6d : medium to good, £4 7s 6d to £4 12s 6d per ton (sacks in). Messrs. Donald Reid and Co. report: —We held our weekly sale of grain and produce on Monday, when values ruled as under:— —The advance reported last week has been well maintained, and there is ready

sale at quotations for i all good lots offering. £i Special seed lines also have good inquiry. Prime milling, 4s Id to 4s 2d good to best feed, 4s to 4s Id'; inferior to medium, 3s 9d to 3s lid ; per bushel (sacks extra). Wheat,—Prime milling lots meet with better demand. -A large proportion of the latter threshed lines are barely in milling condition, and these are hot readily dealt with. Choice lots, however, are „readily taken up by millers. Fowl wheat is fairly plentiful, and meets moderate demand: Prime milling velvet, 6s io<| to, 6s lid; Tuscan, 'etc., 6s 8d to 6s lOd; best whole fowl wheat, 6s 6d to 6s 8d ; medium, 6s to 6s 4d per bushel (sacks extra). Potatoes.—There is a better tone in the market, due chiefly to the prospect of a little export trade being done. Only prime, sound; wellpicked lines will be considered by purchasers, and so far only a moderate quantity is required. Best table potatoes, £4 15s. to £5: choice, to .£5 2s 6d per ton (sacks included). .—With strong inquiry from shippers, all good to prime lots offering continue to meet with ready sale at prices somewhat in advance of late quotations. Inferior and discolored lines are not in request, but straw chaff meets good demand. Best oaten sheaf, £6 10s to £6 15s; choice, £6 17s 6d to-£7 : medium to good, .£5 10s to £6 ss: straw chaff— oaten £3 5s to £3 10s, wheaten £3 to £3 5s per ton (bags extra).