COMMERCIAL NEWS

Ashburton Guardian, Volume 50, Issue 85, 21 January 1930, Page 7

COMMERCIAL NEWS

DOMINION PRODUCE. * HIGH COMMISSIONER’S REPORT. , 'Per Press Association.) WELLINGTON, January 20. The Department of Agriculture has received the following cablegram, dated January 18, from the High Commissioner for New Zealand, London : Tallow. —There was no auction this week. The spot market is steady. C.i.f. business is chiefly confined to low sorts. Quotations are unchanged. Eggs.—Values have declined further, the market being weak, with the demand poor for all grades. Present quotations are: English 16s to 20s per long 100, Dutch and Danish 15s to 18s, Belgian 14s 9d to 15s, New Zealand, South African and Australian 14s to 15s 6d. \

Apples.—The market is very quiet. Present quotations are: British Columbian Jonathan 11s to 13s, Oregon Newton 14s to ISs 6d, Californian Newtown 14s to 15s, Californian Winesaps 10s to 12s.

Wool. —The Bradford market is dull, and topmakers have, reduced their quotations. Business is not' of sufficient importance to test the position. Present quotations for tops are: 64’s, warp 2s 7d, average 2s 6d; 56’s, Is 11 £d; 50’s, prepared, Is 84d; 40’s, prepared, Is 4£(l

DAIRY PRODUCE.

OVERSEAS QUOTATIONS. The New Zealand Dairy Produce Board has received the following market report from its London office dated January 17, 1920: Butter. New Zealand—Salted 152 s to 156 s per cwt; unsalted 168 sto 1765. The price of 155 s equals approximately Is 3d per lb, f.o.b. First whey 148 s per cwt, second whey 1465. __ Australian—Salted 148 s to T32s, unsalted 154 s to 158 s. Argentine—Unsalted 150 s to 1525. The market is steady at slightly higher prices ruling earlier in the week. Danish—l62s f.0.b.; 169 s p to 172 s spot. Dutch—Unsalted 170 s to 182 s cwt. Polish—l4os to 146 s cwt.

The New Zealand retail price was reduced to Is 7d. The Danish retail price was reduced to Is Bd. Cheese. New Zealand—White 85s to 87s cwt, coloured 83s to 84s. The price of 83s to 87s equals approximately 7£d per lb, f.o.b. Canadian—White and coloured 96s to 98s cwt. The market is quiet. The market for New Zealand is steady, the retail price being lid and Is. Deliveries of Canadian were 6400 boxes, in stoi'e 160,500 boxes. English—Finest farmers’, 110 s to 116 s, ex 120 s.

AUCKLAND WOOL SALE. PROSPECTS FOR TO-DAY. (Special to the “Guardian.”) AUCKLAND, January 20. The second wool sale takes place tomorrow morning, the catalogue on this occasion being limited to 20,000 bales or thereabouts. Buyers, after valuing the clip, say that the quality* of the wool is quite good, notwithstanding a fairly high percentage of stained wools, but they complain that it has not been put up for sale in an attractive form. This they attribute to the continued drop in values and the fact that farmers do not find it worth while to exercise the same care as formerly. It was also stated that the fact that the next London wool sales will also open to-morrow may influence buyers considerably.