COMMERCIAL.

Press, Volume LX, Issue 18101, 17 June 1924, Page 8

COMMERCIAL.

NEW SOUTH WALES LOAN.

(IUSTBALUE IKO H.Z. CABLE A»BOCU.TIOjr.) SYDNEY, June 16. The State Treasurer (Mr Cocks) attributes the fact that 80 per cent, of the New South Wale's loan, was left with the underwriters to the political changes in Europe. He says it does not carry the slightest reflection on the stability of the State. .He also states that by comparison with the recent Queensland loan New South Wales is paying between £60,000 and £70,000 per annum less in interest.

DAIRY PRODUCE

(fbess ASSOCIATION TELEGRAM.) WELLINGTON, June 16. ; The New Zealand Producers' Co-operative Marketing Association's" weekly cabled market report, dated London, June 13th, is ae ' follows: — Butter—The market is firmer with an upward tendency. Quotations—New Zealand salted 174s to 176s per cwt, unsalted 190s; Auatr&jian 162 a to 1665; Argentine 160s to 1645; Irish 168s; Danish 182s; Dutch to ,1765. Cheese—The market is firm. Quotations — New Zealand, fresh arrivals, both colours 92s to 94s per cwt; stored cheese 86s to 90s according to condition; Canadian 763 to 89s; Australian 84s. Buyers who have been only buying from hand to mouth are 'now operating freely, due largely to the threatened shortage °l Canadian. . Dalgety and Company, Limited, have received the following cablegram from their London office, dated June 14th:— "Dairy Produce—Since our wire of 12th inst., prices are higher by 2e for butter and 2b for cheese." ■ Pyne. Gould, Guinness, Ltd., have received a cable from Henry A. Lane and Co., Ltd., London, dated 14th ir.st., as follows: - "New Zealand Cheese —Market advanced suddenly, 925, 945. New Zealand Butter—Mariet 1745, 1768."

NATIONAL DAIRY SHOW.

(PBEES ASSOCIATION TELEOBAH.) PALMERSTON NORTH. June 16. The cheeßo awards at the Msnaw&tu A. and P. Dairy Show were Pull New Zealand Cheddar, coloured, tx'fiort—Woodville, 951 points, 1; Featherston, '96 points, 2; Tiratu, 94 J points, 3. Full Cream New Zealand Cheddar, whiteLower Valley, 95* points, 1; Feathereton, 95 points, 2; Dafefield, 94J points, 3 Factory Cheese, any colour —Woodville, 95J points, l; Featherston, 95 points, 2; Belvedere, 84J points, 3. Any Colour or Shape, open only to members of New Zealand Dairy Factory Managers' Association—Hopelands, 951 points, 1; Kakaramea, 95 points, 2; Featherston, 941 points, 8. Factory Cheese, from non-pasteurised milk, any colour—Collingwood, 94 points, 1; Da^cfield, 93J points, 2; Waltohi. 93 points, 3. Medium Cheese, any. colour, for local trade —Featherston, 95J points, 1; Aahburton, 95 points, 2; Dalefield, 94J points, 3. Cheese, any coiour, open to cheese factory managers not having won a £5 prize t Newbury, 941 points, 1; Tiakitahuna, 931 ! points, 2; Ashburton, 921 pointa, 3. Export Factory Cheese, any colour—Tiratu, '95 points 1; Makarahara, 941 points, 2; Carrington, 94 points, 8. Four Loaf Cheeses—Belvedere, 941 points, ,1; Ngaire, 94 points, 2; Taratahi, 931 points, Championship of Manawatu and /West Coast, from Wellington and Wanganui, coloured or white, export—To Horo, 951 points, l; Newbury, 95 points, 2; Tiakitahuna, 941 ■ points, 8. , Rennet Company's Special— 95 J pointa, U Xakaramea, 941 points, 2. ' N.Z. Shipping Company's and Rowson and ' Hodgson Cups (first three as above)— , T'eatherston 1. Woodville 2, Lower Valley 3. ' i South Island Factories' Special—Ashbur*ion. ' Clement Cnp—Kakaramea. '* > Viking Kennet Special—Featherston 1, Lower Vulley 2, Hopelanda and Te Horo 'equal 3. " %Murgatroyd Cup—Okain'a Bay. '*vThe principal*butter awards were:— "*' Championship! of Dominion—Maeterton, $961 points, , 1>: ,fcongotea, 95 points, |2; Levin, "95 points, +2. . , " Box of Export Butter, Special Class—Shan- . 'hob, 95 points, 1; Rangiwahia, 941 pointa, V2; Levin, 94 points, 8. ''Championship—Masterton, 191 points, 1; ''Jtangiwahfa, 'lB9 points, 2; Shannon, 188 -pointa, 8. ..,,„. » Special Gold Medal—Auck-and, Piopio, t#nd Waiuku tied with 3681 points each. \{ CANADIAN-PACIFIC, GRAIN'A,, HANDLING, RECORD. ' All previous grain handling records of the i Canadian Pacific Railway in Alberta hnve , '(.been broken this season, according to an ''official statement. Since the commencement ' i oi the grain shipping season on September 'lst to March 81st, tie Canadian Pncifio have jplsced 10,000,000 bushels of wheat in store Vaha 2,000,000 bußhols of other grains, and •Utile shipped out of the province 83,500,1.(0 ,'bushels of wheat and 15,500,000 bushels of * other grains. > . 4 The total grain handled in the penoa > mentioned ia 111,000,000 bushels. This is r <- practically double the shipments mxde by 'tHo company for the whole of last season 4he figures then being 50,500,000 bushels ..of Vheat and 7,250,000 bushels of other tjiauis. f' , ENGLISH MARKETS. '■£■< > » ——— New Zealand Loan and Mercantile Co., Ltd., have received the follow- ' ingfi cablegram from their London office, vn- , der 1 18th inatant:— 'VNew Zealand Frozen Meat.—No change - in -market. Last quotations, 23-5-24: —Lam»>. ClOid 'per lb (average). Mtitton: Wether and maiden ewe, light 7Jd per lb, ( heavy ■•' 6W per lb; ewe, light SJd per lb, heavy . ~' sl3»«*$ l 3»«* *t Zealand " Dairy Produce—Butter: ?*.3g»fioari-V salted. >74a to 178s per cwt. s f%&BORNE HARBOUR BOARD'S :,{\& " LOAN> >% ' * \y i (FSXSS ASSOdATION MULKGBAX.) >~j*j*~ , GIBBORNE, June 16. , Gisbofae fiarbour Board to-day, accepted an offer of a loan from London of 4250,000, neing the first instalment of a lota of £750,000 authorised two years ago by the ratepayers. j \ ——

> Y-,i THE PROPERTY MARKET. * Jones, McCrostie Company, Ltd., eold -/J Sublic* Auction, in their. iand sale moms yes- <' ' tetday -(Monday), on account of the N.Z. j Tyro and Rubber Co., Ltd., their premises, being Noa. 6-10 Bedford row, just oft Mim- - cheater «treet, facing nortli, comprising' two■te««r brick &*"* oompo building, measuring 5 " 145 5 linfce by 63.9 linis deplh, and tho •' 'tbiee-atorey brick and compo building ad- ' * ft *rontaooot4p links IrontimTtor a depth of "63.9 links, making a iotol Jwntoge of 99.8 link*. There was ■Twod attendance of the. public and Mr C l&Jonea m auctioneer, -The proSrtTWM wM for X 6860 to Mr Bryan.