COMMERCIAL.

Auckland Star, Volume LV, Issue 107, 7 May 1924, Page 8

COMMERCIAL.

LONDON PRODUCE MARKET. . i HIGH COMMISSIONER'S CABLE. > (By Telegraph—Own Correspondent.) 1 WELLINGTON, this day. I The Department of Agriculture has ret reived the following cablegram, dated "id ' inst.. from tile High Commissiuer for Xew ■ Zealaui!, London :— 1 flutter. —New Zealand market quiet at , the advance. The rise in Danish is prine dually due to Germany buying. official ! 1 (nictations ale:—New Zealand.— Salted. I 3 flinwl : May '-:. 170.' to 174' per cwt (I/BJ I r I<i 1/ISJ per I!>) : April L'tJ. 10-i. to 10* per • I cwt (1 r>3 to 1 ti per !b) : April 17. 132/ to r ir.4 per'rwt II -11 to 1/4J per Ihl. I'll- ,' salted: May .1. 170/ to 1.52/ per cwt H/Kj = to 1,7* per lhi : April L'H. 18H' lo I7i>/ per , rwt (1 Tij to l.iil per Ihj : April 17. 1",4 i " to 158/ per cwt u<4.l to l/."i per 111). Other j 1 finalities: May ::. 14U/ to 138/ lier cwt ■j (1/3 to 1 I! per ]b>. j ) Cheese. -Market quiet at Inst quotations ! after the rise to nbnut till per rwt early • '.this week. Official <| u..t mi uiis are:- 1 New Zealand: Market qu:rt. May :!. culoiirfd and while. S(i' to ss per rwt it'ld ! 10 !).!il per Ib) : April 2<">. coloured and white SB/ to as' per rwt i'.U'l to !>id per ll>i : I April 17. <o],.urrd and white, s:: to S4/ per iwt (Od per Ibi. ■ Shipments of New Zealand produce arrived tlii.s week p.-r s.s. I'ort Sydney, Suffolk and Matakana. Kxrimatcd cheese stocks available on May ■ 1 at wharves and dorks. London. Liverpool \ ) and Bristol wore:—Canadian and American ."O.VI boxes: New Zealand and Australian ' ISI.'JOO crates: against 14.1u1l boxes and " .",1.200 crates respectively for the same time \ last year. r Hemp.—Manila market closed dull with ' 1 sellers "J" grade May-July shipments ask- - inp £.'!7 H';,\ New Zealand market on--1 tiuues quiet and no business reported. MayJuly shipments quoted at : Highpoints, i.'ilj t 1."./: fair £::4 10.. Wool.- ISradford market less active, hut ' values generally maintained. I , rices for ' tops are:— 'S4's imeriiiol. 5,11: •"•(i's . i super hallbredi. 4 :: 4'j's prepared 1 icoarse rrusaurcdi. 2 :'.j. Honey.—Market quiet tin: steady. Pre- ; , s'-nt quotations are :—New Z'-al-rnd white. l 77' t> to s.- - ' per rwt : Zealand light - amber. (j."i to 7." per cwt : Canadian. .">/ 1 to 7- i; per rwt: Califonilan. t>4 to 7n per > rwt: Jamaican, 4o to B»/ per ny: : Cuban. • .•:.",' to M/ per <-v.i: Chilian. 40,' to 60/ per l cwt. Fruit.—All apples ex s.s. Cornwall, with r the exception of hard varieties, are disnp t pointing and flesh collapse is more serious i than was expected. C-.x's Orange affected ' very seriously, and this variety has been i auctioned in order to dispose of the fruit. • Trices were 4 to I"' per case. Very few ! t American apples are rumins and the market ! is practically cleared. l'rk-M frum 4,' to | 11/. Very heavy storks of Australian i . apples on liand. I'rices for best varieties | ■ South Australian are: Jonathans. 11 l> to ' 12/B: CLopatras. i! to 13/6: other sorts. I .".,' to !i/6: other Australian, !>/ for ordinary. ■ to 13/ for Cox's orange. I'rices for New i Zealand are:-Cox" s Orange, r,/ to IS/ per • rase: Jonathans. 1"J to ]<>/ per case: " Dunn's Favourites. 13/ to 16/ per case: I King Davids. 14, per case; Kibston F'ippiu l.'i- to 14/ per case:: Adams I'ermain, 14/ jto 15/ per rase: Worcester I'ermain, 14/ ' to 15' per case: Sharps., 8/ to 8/6 per case. ,| , I MEAT, BUTTER AND CHEESE. : The New Zealand Loan and Mercantile Ajrency Company, Limited, hare received the following cablegram from their London house, under date 2nd instant: — New Zealand Frozen Meat.—Lamb: injd per lb (averacpl. Miitron: UuotatioUs iinclianfred. Last quotations. April 24 — Wether and maiden ewe. lisht 6Jd. heavy 6?d per lb: ewe, light sjd, heavy 4|d per lb. Market quiet. New Zealand Dairy Produce.—Butter: Choicest salted, 170/ to 172/ per owt. Market slow. Cheese: S4/ to SS/ per cwt. Quiet. I CANTERBURY MARKETS. (By Telegraph.- Press Association.) CIIRISTCIICRCII. Tuesday. Oats have taken a sudden bound into the limelight. On Friday they were quoted at 4/S f.0.h.. s.i. To-day sales have been made at ."i 1 and ."i."J. Over-sellers are apparently gettinc anxious, hence the scurry It is all paper" business, as there is little demand for the actual oats. Speculators are now satisfied that the oat crop is a very shori one. and delay in covering their forward sales is a risky business. One of the causes of the sudden jump is no doubt that Canadian May purchases cannot be delayed, on account of. lack of space, until . July, and the price has also advanced in Canada by 10/ per ton. It is apparent I hat some speculators have been hit badly by the swins of the market, as last December sales for May-August delivery were ' made as low a-; :■ ovid ''.r. Wet weather has held up the diigins of potatoes, but enough are coming to hand t.i till u-1 the -space available. Inquiries of | Chrisicburch merchants from .Melbourne i cannot -ecure quotations under £il per ton for June delivery. This makes the future for Canterbury potatoes much better, as at ! present the quotation here on trucks is £o '~> . The tubers should be available on the ! Auckland wharf at substantially less than the Melbourne price. It would appear that the local price will be lirai in June and Linseed is still we.ik. Reports are that crops are poor, hut this is not having much effect on prices, as the outside market rules the position. There is little notice liplr.p taken of i cocksfoot. Though sales are t.-w. merchants ' are not reducing quotations. The price i they paid does li"t allow it. i U is reported that the cowgras* from j Knghind just arrived is not of very g",,ci 1 colour. '' FEILDING SALE. Messrs. Dalgeiy and Co.. Ltd., I'almrrston North, report that at the FeiMinu 1 I Sale on Friday, liud instant, there was a I very good yarding of sheep and a fair ! I entry ~f cattle. Several large lines of; I wethers wore passed at auction but the. : demand Tor sheep -vi'.s not quite as keen i ■as brf,,re the holidays. Quotations : Cull i lambs 6 S to 10., medium lambs 15/3. i lair lambs IS to 19 ::, very fair ewe lambs i 21 -. extra jrooU werher lambs , fat I lambs 2.S ij. to I!ts G. fair black face; lambs 17 s. i,,,..l i.lack face lambs--111 it: forward rw.>s 17, to 17->. fat and! forward ewes -Jl A, Ilpbr fat ewes 2'J . I small L'-tooth wethers L'L'. t! to 2r, . 4 and i •1-year mm in lamb to S.D. rams 24 1 ! •±~s-' to 2li 3, fat wethers :<2-6 to :>« 5- : fat racis £". lo ,£4 :; to £.1 17/6: Jersey: cows in calf to Hereford 'tiiiUe^Hl, forward cows V- .i to £-J 11. I'otter hulls :V.\ , to £.- lighi fat bullous i- n . fat heifers £ii 12,. Jersej w. : .r»r heifers (good)! iU> 5., wean, r steers. I'ulU-il Angus. Ea 7/. j< j LINSEED. ! The Department of Agriculture has re reived, under .-at.. ~f insrani. [h,- f O !- ,■ ' ! ,^ l Vg.^ ,^ n ' ,^*!??- n l Ca,eu,iw »" ni -i' Linseed — May-June shipments quoted at 1 &1s 7 t> per tou r.i.f. Sydney The market r s, " a>y = ii