PRICES FOR PRODUCE.
IKE LONDON MARKET
BUTTER MARKET STEADY,
The Department of Agriculture has today received the following cablegram dated .May 14 from the High Commissioner foils'e\v Zealand, London: — Butter.—The market is steady. Official quotations arc as follows, last week's prices being given in parentheses—New Zealand: Finest salted, 1.18/ to 160/ per cwt (152/ to 154/); unsalted, 164/ to 168/ (164/ to 166/); other qualities, 154/ to 156/. Australian: Salted, 156/ to 158/ (150/ to 153/); unsalted, 160/ to 164/ (158/ to 162/); other qualities, 142/ to 156/. Argentine: Unsalted, 153/ to 156/ (150/ to 156/); other qualities. 148/ to 152/). Danish: 160/ to 164/ (160/ to 162/). Siberian: 150/ to 152/ (148/ per cwt). Shipments of New Zealand produce arrived this week per Tort Albany and Port Brisbane. Tallow. —The market continncd quiet. Present quotations are:—Mutton, tine, 36/9 to 37/ per cwt; fair to good, 35/6 to 36/; dark to dull, 33/6 to 34/6. Beef: Sweet and (or) mixed, 37/ to 40/; fair to good. 35/6 to 37/; dark to dull, 33/ to 34/. Mixed: Fair to good, 35/ to 36/6; dark to dull, 33/ to 34/. Gut, etc., 30/ to 33/. Apples.—The Pakeha shipment was cleared at last quotations, except for large Jonathan and Delicious, down to 12/ a case; Winter Cole pears, 12/, and P. Barry pears, 13/6 to 15/. The market is awaiting the arrival of the Maimoa, Tamaroft and Hororata. Hemp.—The nianila market opened firmer. J grade May-July shipments sold at £43. Market quieter at closing, sellers quoting £43 10/. The sisal market was firm with a tendency upward for afloat and prompt shipments. ' No. 1 afloat sold at £30. July-August shipments are quoted, sellers £38. New Zealand shippers' ideas are firmer, but no interest shown on the basis of £35 for higlipoints and £35 for fair. With offers in hand of 10/ to 20/ less, business might be possible. Wool.—The sales were curtailed and closed yesterday. Demand improved *as series progressed and closing values for all wool in good condition were generally on a par with last sale rates, but there was some weakness in medium and coarse crossbred of shabby grades. Average closing values are: —64's (Merino), super, 2/ to 2/3 per lb (more or less nominal); average. 1/6 to 1/10%; 56's, super halfbred, 1/oto 2/; .50's, halfbred, 1/7 to 1/9% to 2/; 50's, halfbred, 1/7 to l/9%d; 40's, fine crossbred, 1/4 to 1/6; 44-46's, medium crossbred, 1/2% to 1/3%; 36-40's, coarse crossbred, 1/1% to 1/2%. There were 97,000 bales offered and 74.000. were sold, the Continent taking 46,000, Home trade 26,000, and America 1500. The next series comuicnces on July 5.
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Bibliographic details
Auckland Star, Volume LVIII, Issue 114, 17 May 1927, Page 4
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439PRICES FOR PRODUCE. Auckland Star, Volume LVIII, Issue 114, 17 May 1927, Page 4
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