COMMERCIAL

New Zealand Tablet, 5 August 1915, Page 31

COMMERCIAL

Wellington, August 2. The High Commissioner’s report,, dated London, July 31, is as follows—.. ‘ Meat.—Market weaker ; tendency downwards, partly owing to increased supplies being available for the general public, together with a very moderate demand for all descriptions. Mutton. —Canterbury, per lb for light-weight heavy-weight, 6^d; North Island, Gd for best quality ;, ewes. G^d. Lamb.—Canterbury two's, Bgd ; heavy-weight, B£d; other than Canterbury, 8d for best quality lightweight. Beef.—Only a small quantity of New Zealand beef in the market, and it is selling at: Hinds 71d, fores 6Jd, chilled hinds B|d, fores 6|d. Butter.—Market quiet, but firm. Danish firm, but quiet, per cwt 164 s to 1665, and up to 168 s; Siberian, in good demand, finest 128 s to 1325; exceptional, 1345; Irish creamery, firm, 148 s to 150 s, exceptional 1525; Australian, 138 s to 1425; Argentine, unsalted, firm, 146 s to 148 s. Cheese.—Market quiet, with tendency in favor of buyers. Canadian (a little better tone), white and colored, 74s to'76s per cwt : English Cheddar (market quiet), 94s to 965: New Zealand (market quiet), white and colored 74s to 765, exceptional 78s; United States (market dull), 65s to 745, according to quality and -size. Hemp. Market, steady, but demand only moderate. New Zealand, good fair grade, .£3l 10s per ton fair .£29 10s; Manila, new graded, to October shipment, fair, £36: medium, £32. Output from Manila for the week, 17,000 bales. Hops.—Market firm. English, 105 s to 130 s per cwt; Californian, 90s to 105 k. Wheat.—Market quiet : prices slightly weaker. August-September shipment Canadian, 51s per quarter : American, 475. Oats. —Market quiet and steady. August-Sep-tember shipment Argentine, 25s per quarter. Messrs. Donald Reid and Co. report:—We held our weekly sale on Monday, when values ruled as under: Oats.—The past week has been one of the quietest of the season. This is largely due to the lack of shipping facilities, which is affecting the sale of all classes of produce. Clean seed lines are in good demand, but in other respects business meantime is restricted. Prime milling, 4s to 4s Id ; good to best feed, 3s lOd to 3s lid; inferior to medium, 3s 6d to 3s 9d per bushel (sacks extra). Wheat.—Millers are not in the market at present, except for small lots of choice quality. There is some inquiry for good seed lots, but otherwise the market is stagnant. Prime milling velvet, 6s lOd to 6s lid; Tuscan, etc., 6s 7d to 6s 9d ; best whole fowl wheat, 6s 3d to 6s 6d : inferior to medium, 5s to 6s 3d per bushel (sacks extra). Potatoes. —The market, continues to be fully supplied, and in the absence of any opportunities for export, stocks are heavier and values somewhat easier. We have good inquiry for well-picked Southland-grown seed, but offerings are light. Best table potatoes, £6 10s to £6 15s; choice, to £7 : medium to good, £5 10s to £6 5s per ton (sacks included). Chaff. —Stocks have accumulated considerably owing to shippers being unable to arrange for freights. There is fair local demand for prime quality lines, but medium and inferior lots are neglected and difficult to place. Straw chaff is in full supply, and has no demand. Best -paten sheaf, £6 15s to £7 ; medium to good, £6 to £6 dOs; light and discolored, £5 to £5 15s per ton (bags' extra). Messrs. Stronach,\ Morris, and Co., Ltd., report for week ended Tuesday, August 3, 1915, as follows: Rabbitskins.-r-We held our fortnightly sale yesterday, and offered a full catalogue to the usual-attendance of buyers. Competition was keen and values were fully

maintained. Quotations: Small, 3d to 3|d; racks, 6£d ,to 7d ; autumns, lOd.to 12d; incoming winters, lid to 12d; early winters, 12|d to 13id ; prime winter bucks, 14d to 14|d; prime winter does, 17id to 18|d; fawns, to 22d ; prime winter -blacks, to. 66id; medium to good, to 48d; horsehair, to 23d per lb; catskins, to 6d each. Sheepskins.We held our -fortnightly sale to-day-and offered a full catalogue to the usual attendance of buyers. Competition was keen throughout, and late prices were fully maintained. Best half bred, to ll£d; medium to good, lOd to lid; best coarse crossbred, to Hfd; medium, 9id to lO^d; best fine crossbred, to 11 4 d ; medium, 9|d to lid; best merino, 7-|d to B|d; medium, 6d to 6£d ; best pelts, to 9 : |d; medium, 7d to 8d ; lambskins, lOd to ll|d ; medium, B|d to 9|d per lb. Hides. —We held our fortnightly sale on Thursday and offered a full catalogue to the usual attendance of buyers. Competition was keen and prices were fully •up to last sale’s rates. Quotations: Stout heavy ox, 10id to 12d; medium to good, lOd to 10|d; light,- 9|d to 10jd ; cows, stout heavy 9£d to lOd, medium BAd to 9d, inferior 5d to 8d ; yearlings, 9d to 9£d; best calfskins, 10|d to lOid; medium, 9ld to lOd; inferior, 4d to B|d per lb. Oats.—The market is still very quiet. There are very few oats offering, and as shippers are not-keen to operate there is very little to report. Prime milling, 4s to 4s Id : good to best feed, 3s lOd to 3s lid medium, 3s 7d to 3s 9d, j)er bushel (sacks extra). Wheat.— Millers are not operating and there is practically no business being done in milling wheat at present. Values are nominally—Velvet, 6s lOd to 6s lid; Tuscan and red wheats, 6s *7d to 6s 9d; fowl wheat, 6s 6d to 6s 7d per bushel (sacks extra). Chaff.— Owing to the shortage of shipping space there is still good stocks held in store. There is a fair demand for prime quality. Inferior lines, however, are not so keenly sought after. Best oaten sheaf, £6 15s to £7; medium to good, £6 to £6 10s ; light and discolored, £5 to £5 15s per ton (sacks extra). Potatoes.— market is still fully supplied, and as there is very little shipping demand values are a shade easier. Best tables, £6 10s to £6 15s; medium to good, £5 10s to £6 5s per ton (sacks extra).