LATE COMMERCIAL

Evening Post, Volume CIX, Issue 88, 14 April 1930, Page 13

LATE COMMERCIAL

LONDON PRODUCE PRICES.

The Department of Agriculture has received the following cablegram, dated 12th April, from the High Commissioner for New Zealand, London:—' \ Tallow.—No auction will be held until I 30th April. Market quiet, but steady for both spot and shipment. Quotations unchanged. Fruit. —Market slow with large arrivals) of Australian apples,and prices declining. Cox's Orange, 18a to 20s; Gravenstein, 9s to 12s; Dunn's Favourite, Alfriston, Lord Wolselej', 11s to 14s; Worcester Pearmam, Shcrland Queen, 10s to'l3s. Hemp.—Manila market easier under freer offers and less support. "J" grade afloat sold £2S April/June shipment, now quoted £29 10s seller*. Sisal: Market Quiet, large consumers not operating. Values March/May shipment, fair average quality: No. 1, £33 10s; No. 2, £32 10s; good marks 5s to 10s more. Tow: Demand is moderate at unchanged prices.' No. 1, £23 10s; No, 2, £20 10s to £21. New Zealand market continues dull. Small first hand 'business reported in fair grade afloat and March/May shipment fair £27, common £25 ss. .

I Wool.—Sales closed Wednesday. Demand steady and widened as sales progressed. Competition increased and finished keen with values at highest point of series. Continent support strong and Home trade operated freely in suitable merino and took bulk of crossbred offerings. America also bought crossbred. Compared with closing rates last series, merino superior, par; merino ordinary,' par to 5 per cent, lower; crossbred, fine 5 per cent, to 7% per cent; others, 5 per cent; slipe, 7% per cent, to 10 per cent, lower. Average closing values: 64's super, Is Id to Is 3d per lb (nominal); average, 9d to 10% d (nominal); 56's to 58*3, 1b to Is 2%d (nominal); 50's to 56's, 10% dto Is o%d; 48's to 50's, 10% dto mid; Wb to 4G's, o%d to 10'/£d; 36'e to 40's, Od to lud. Total offerings, 141,395 bales, of which 124,000 was sold, Continent taking 03 000, Home trade 37,000, and America 3000. About 61,000 bales Cploninl held over for next series, including 53,000 not offered. Next series commence 13th May.