OVERSEAS MARKETS.

Auckland Star, Volume LVII, Issue 182, 3 August 1926, Page 4

OVERSEAS MARKETS.

HIGH COMMISSIONER'S CABLE. WELLINGTON, this day. The Department of Agriculture has received the following cablegram, dated 31st ultimo, from the High Commissioner Tor New Zealand, London:— Butter. Fair demand. Official quotations are:— New Zealand.—Finest salted: July 31, 172/ to 17-1/ per cwt; July 24, 168/ to 172/; unsalted, July 31, 172/ to 174/; July 24, 170/ to 172/; other qualities: July 31, 162/ to 164/. Australian.—Salted: July 31, 166/ to 168/; July 34, 164/ to 168/; unsalted: July 31, 168/ to 172/; July 24, 166/ to 170/; other qualities, Salted and unsalted: July 31, 136/ to 154/. Argentine.—Unsalted: July 31, 154/ to 158/, up to 160/ per cwt.; other qualities: July 31, 146/ to 152/. Irish.—Creamery: July 31, 166/ to 170/; unsalted: July 31. 168/ to 172/. Canadian. —Creamery: July 31, 166/ to 168/; unsalted: July 31, 168/ to 170/. Siberian. —July 31, 138/ to 144/; exceptional, 146/. Danish.—Judy 31, 183/. Cheese. Market steady. Official quotations are:— Engiisn.—Finest rarmers: July 31, 96/ to 100/ per cwt; July 24, 96/ to 100/. Canadian. —Finest coloured: July 31, 84/ to 86/; July 24, 82/ to 84/ per cwt; white: July 31, 86/ to 88/; July 24, 86/ to 88/. New Zealand.—Coloured: July 31, 82/ to 83/. up to 84/ p_T cwt; July 24, 82/ to 84/ per cwt. " Shipments or New Zealand produce arrived this week per s.s. Port Curtis and Port Hardy. Tallow. Market very quiet on account or coal strike and no auction this week. Prices same as last quotations. Apples. New Zealand done except for few small lots ex Mahia. Stunner clearing 11/6 to 12/ per case. Hemp. Manila market is firm at the advance. "J" grade, August-October shipments, sold £42 and buyers. Sisal market quiet. Tanganyika No. 1, July-September shipments, quoted £43 sellers, but no buyers over £42 10/. New Zealand market continues quiet with little speculative business reported. High points £36 10/, fair £33 )/, but consumers not Interested. Oata. Market quiet. English best white old crop, 31/ to 31/6 per 3361b, otber qualities down to 27/. Only small business reported in oats No. 2 Canadian Western. July-August shipments offered 26/4_d, Plate, 21/6 nominal value. New Zealand (A) Gartons, 26/ per 320'b. ">eaa. Blue. Dutch hand-picked pressed for sale at 22/ per cwt ex store. Practically no inquiry Tor New Zealand and Tasmanian owing to inferior quality. Maple spot scarce and keen demand Tor float parcels. Present value 96/ to 98/, c.l.f. Cocksfoot. Danish new crop < _oted c.l.f. New Zealand ports, 63/ per cwt. DAIRY PRODUCE. The New Zealand Dairy Produce Board has received the following cablegram from the London office, dated July 30:—• Butter.—New Zealand, 172/; Australian, 106/ to 168/; Canadian, 166/ to 168/; Danish, 180/; Irish, 166/ to 168/; Argentine, 152/ to 160/; Siberian, 138/ to 144/; Latvian, 50/ to 158/; Estonian, 163/ to 162/; Dutch, 158/ to 166/. All spot pric.es Th: market :: quietly steady. Retail is unchanged. Cheese. —New Zealand white, 87/ to 88/; New Zealand coloured, 83/ to 84/ The market is quietly steady and retaii is unchanged.

The New Zealand Produce Board has received the following market report rrom its agent in Canada, dated July 31, Montreal:— Butter. —33 cents (approximately 1/4 J.) The English demand is limited and stocKa are accumulating. Cheese.—l6J cents (approximately BJd.) The British* demand is 3low. Speculators here are 'active. In New York butter is quoted st 40 cents (approximately 1/8). Tbe trade anticipates a slight decline. In Vancouver butter is quoted at 34 cents (approximately i/5). for "extras." The market is qulot. There will be no exports until next week. • fifieese is Quoted St SO cents _10O,).