HIGH COMMISSIONER'S REPORT.

Press, Volume LX, Issue 18204, 15 October 1924, Page 10

HIGH COMMISSIONER'S REPORT.

The Department of Agriculture has r»reived the cablegram, dated ll*h instjnt, from the Hi=rh Commissioner for New Zealand. London:— BUTTE?.. Demar.d has fallen off considerably or. ac-ee-unt of hie-h. prices, but market remains srm en short supplies. Official quotations are: Xew Zealand. Salted. Finest. October 11th—220a to 222s per cwt, up to tr24s ,1s 11-d to 2s per lb). October 4th—2223 to 224s per cwt (la d to 2s uer lb). September 27th—CIS.* to 220s per cwt ws 11 id to is per lb). Unsaited. , ~ October 11th—23ts per cwt {2s Id psr io). Other Qualities. October 11th—SOr's to 2los per cwt (,1s IC'id to Is 10td per lb)Australian. Salted. Finest. October 11th—'206s to 2103 per cwt. (,1s lOd io Is lOtd per !b\ , .. October 4th—2C6s to 20Ss per cwt lis JXt to Is l(V'd ner ib'i. . September 27th—206s to 20Ss per cwt (le ICd to Is 10Ad per lb). Unsalted. October 11th—216s to 220s per cwt (Is lid to Is 11.-d per lb). October 4th—22os per cwt (Is Hid per lb). September 27th—208s to 212s per cwt (Is IOJd to Is 10Jd per lb). Other Qualities. October 11th—194s to 200s per cwt (Is £jd to Is 9id per lb). Canadian. Creamery. October 11:h—2043 to 20Ss per cwt (Is SJd to Is 10Ji per lb). October 4th—2o4s to 20Ss per cwt (Is 9Jd to Is IOJd per lb). September 27th—198s to 204s per cwt (Is 9id to Is 9Jd per lb). Unsalted. October 11th—210s to 212s per cwt (Is 10id to Is IOJd per lb). October 4th—2l4s to 21Ss per cwt (Is lid to Is Hid per lb). September 27th—208s to 216s per cwt (le 10id to Is lid per lb). Argentine. Finest. Unsalted. October 11th—210s to 214s j>er cwt (Is lOld to Is lid per lb). October 4th—2l2s to 216s per c-srt (Is IOJd to Is lid per lb). September 27th—204s to 210s per cwt (le 9Jd to is lOld per lb). Other Qualities. October 11th—2C0s to 208s per cwt (Is 9Jd to Is IOJd per lb). Danish. Octc-ber 11th—235s to 240s per cwt (2s Id to 2s l£d per lb). October 4th—24os to 242s per cwt (2s lfd per lb). September 27th—234s to 238s per cwt (2s Id to 2s IJd per lb). Siberian. October 11th—154s to 174s per cwt (Is 4Jd to Is per lb). Exceptional: Up to 180s per cwt (Is 7sd per lb). Oet-ber 4th—ls6s to 176s per cwt (Is 4Jd to Is per lb). Seotember 27th—154s to 174s ner cwt (Is 4id to Is 6id per lb). CHEESE. Ukrket quiet. Official quotations are: English Finest Farmers'. October 11th—114s to 118s per cwt (Is OJd to la CJd per lb). October 4th—ll2s to 116s per cwt fls to la OJd per lb). September 27th—112s to 116s per cwt (la to Is OJd per lb). Canadian. * October 11th—Coloured: 94s to 96s per cwt (lOd to 10id per lb). White: 95s to 96s per cwt (lOd to lOJrd per lb). October 4th—Coloured: 94s to 96s per cwt (lOd to IOJd per lb). White: 95s to 96s per cwt (lOd to IOJd per lb). September 27th—Coloured: 94s to 96s per cwt (lOd to 10id per lb). White: 94s to 963 per cwt (lOd to IOJd per lb). New Zealand. October 11th—Coloured: 93s to 95s per cwt (lOd per lb). White: 94s to 96a per cwt (lOd to 10|d per lb). October 4th— Coloured: 94s to 96s per cwt (lOd to 10id per lb). White:. 95s to 96s per cwt (lOd to 10-Jd per lb). September 27th —Coloured: 94s to 96s per cwt (lOd to 10} d per lb). White: 94s to 96s per cwt flOd to IOJd per lb). Shipments of New Zealand produce arrived this week per s.s. Corinthic and Waimana. HEMP. • Manila market quiet and easier. "J" grade October-December shipments quoted at the beginning of week at £SB 10S and value, now quoted.at £56 sellers. Output of Manila, .during ' September was 1,149,000 hales, against 1,116,000 bales for same period last year. Stoqks in Manila on September 30th were 121,000 bales, against 190,000. Stocks ! in Great Britain were 5631, against 18,596. | New Zealand market quiet but steady. Highpoints October-December shipments quoted at £45. Fair, £43 10s and value. TALLOW. Market very firm and strong demand at auction. Present .quotations are:—Mutton: Fine, 49s to 49s 6d per cwt; fair to good, 47s to 48s 6d per cwt; dark to Sail, 44s to 465. per cwt. Beef: Sweet andi-or mixed, 49s to 49s 9d per cwt; . fair to good, 46s to 48s 6d per cwt; dark to dull, 43s to 45s per cwt. Mixed: Fair to good, 46s to 48s per cwt; dark to dull, 423 6d to 44b 6d per cwt. Gnt, etc., 40s to 44s 6d per cwt. PEAS. Blue. Improved demand for imported. Japanese selling at £22 10a to £22 15s per ton c.i.f. October-December shipments. Spot value £22 10s. Dutch small round hand picked quoted at £23 ex store. "A" grade Tasmanian has been sold for shipment at £2O c.i.f. Maple "A" gTade Tasmankji quoted at 72s 6d to 75s 6d per quarter, c.i.f., October-November shipment. No. 1 New Zealand Partridge, new crop, has been sold at 72s 6d per quarter c.i.f.; old crop slow sales at 65s to 70s. ex store. BEANS. ■ Little enquiry for imported. English Win- ' ter selling at 52s to 56a per quarter. Spring, 50s to 70s. DANISH COCKSFOOT. Market firm. London quotations are 100b per cwt c.i.f. WOOLWool sales closed October 9th. Demand fell off during last week and value of most descriptions declined, but opening prices for N.Z. crossbred greasy generally maintained. Slipo and scoured easier. From total offerings of 197,000 bales 160,000 sold. Average closing rates:—6o-64's (merino), 2s 6d to 3s 2d; 56' a (super halfbred), 2b 7d to 2s US; 48's (fine crossbred), Is lOd to 2s Id; 4446' a (medium crossbred), Is 8d to Is 10d; 36-40's (coarse crossbred), Is 6d to Is Bd. Next aeries commence November 25th. EGGS. Trade slow for best, but good for cheaper selections: English, Irish, Danish, Dutch, 21s 6d to 268 per long 100; Belgian, Italian, 18s 6d to 22s per long 100; South African, Australian, Argentine, 17s €d to 21s per long 100; Lithuanian, Russian, Moroccan, 12e 9d to 18s per long 100. ! FOREIGN EXCHANGE RATES. (BT CABLE—PRESS ASSOCIATION —COPTSIQHT) (atjstealian and N.Z. cable association.) LONDON, October 13. The exchange rates are as follows: Par. Oct. 9. Oct. 13. Paris, fr. to £1 .. 22.225 87.15 85.6 Brussels, fr. to £1 .. 22.225 94.5 93.3 Christiania, kr. to £1 18.159 -31.27 31.47 Copenhagen, kr to £1 18.159 25.52 26.53 Stockholm, kr to £1 18.159 16.8 16.87 Berlin, marks to £1 20.15 182 l&l billions, billions. Montreal, dol. to £1 4.86 4.48 4.49* Tew York, dol to £1 4.86 4.47J 4.49J Rome, lire to £1 .. 22.22-5 H»i 102J Hong Kong, st. to dol. - 29Jd 29gd Yokohama, st. to yen 21.5 299-16 d 20£ l Calcutta, st to rpe 10 to gold £1 lSjd 1715-16 d •Determined by pneo of silver.