HIGH COMMISSIONER'S REPORT.

Press, Volume LXI, Issue 18346, 1 April 1925, Page 10

HIGH COMMISSIONER'S REPORT.

The Department of Agriculture has received the following cablegram, dated March 28th, from the High Commissioner for New Zealand, London:— BUTTER. Demand quiet. Official quotations are: — New Zealand: Finest salted. Slow. March 28th—168s to 172s per cwt (Is 6d to Is 6Jd per Jb). March 21st—17s0 to 176 a per cwt (Is 6id to IS 6Jd- per lb). March 14th—174s to 180s per cwt (Is 6id to Is March 28th—182s to 184s per cwt (Is 74d per lb). March 21st—186s to 190s per cwt (Is 7id to Is BJd per lb). • ' March 14th—186s to 190s per cwt (Is 7Jd to. Is Bid per lb). . • Other Qualities.. March 28th—150s to 160s per cwt (Is 4id to Is 5Jd per lb). Australian: Steady. Salted. March 28th—166s to 168s per cwt (Is sJd,to to Is 6d per lb). • March 21st—170s to 176s per cwt (Is 6Jd to Is 6Jd per lb). March 14th—176s to 180b per cwt (Is 6Jd to Is 7Jd per lb). Unealted. March 28th—178a to. 182s per cwt (Is 7d to Is 7Jd per lb). March 91st—180s to 184b per cwt (Is 7Jd to Is 7Jd per lb). March 14th—182s to 184s per cwt (1« 7id to Is 7Jd per lb). Other Qualities. March 28th—l'54s to 164s per cwt (la 4id to Is Sid per lb). ' Argentine. Slow. March- 28th—166s to 172s 'per cwt (Is 5Jd to Is 6Jd per .lb).. ' . March 21st—i74s.to 180s per cwt (Is 6sd to Is 7id per lb). Ifarch 14th—176s to 180s per cwt (Is 6Jd to Is 71d per lb). Other Qualities. March 28th—160s to 164s per cwt (Is 51d to Is sid per lb). Danish.... March 28tt—216s to 218e per cwt (Is lid per lb).. March 21st—224s to : 226s per cwt (2s to 2b OJd per lb). March 14th—232s to 234 a per cwt (2s Id to 2s lid per lb). CHEESE., . Demand quiet, and market easier. Official quotations are:— English: Finest Farmers'. 'Firm. March 28th—135s to 140b -per. cwt (Is 2Jd to Is 3d per lb). March 215t—1,30a.. to 135s per cwt (Is 2d to Is 2|d per lb). " March 14th —128s' to 132s per cwt (Is ljd to: Is 2id per lb). Canadian (Coloured). March 28th—106s to 110s per cwt (ll|d. to lljd per lb). v March 21st—110b per cwt (lljd per lb). March 14th—108s to 110s per cwt ?lljd"p6r lb). ■ • Wiite. .. March 28th—-ICfflte to 110b.per:ewt (lljd,-per lb). March 31st—110s per ewt (lljd per lb). March 14th—108s .to 110b per cwt (llid per lb). New Zealand. Coloured and White. Mareh 28th—100s to 102 a per cwt (10{d to lid i>er lb). March 21st—103s to 104s per cwt (lid to lljd per ib). March 14th—102s to 104s i«r cwt . (lljd per Ib). Australian. Coloured. Quiet. March 28th—98s to 100s per cwt (lO&d to IOJd per Ib). March 21st—98s. to 100s per owt (10id per lb). . , ~ of.. Zealand produce arrived thiis week- per Waiwefa,. and Baradine. '. " ' HEMP. Manila, during, this. week, but closed firmer, with sales of "J" grade March-May shipments £sl 10s. New Zealand market continues quiet, ■ with small business reported afloat and in dock at £39 for high-points and £37 for fair. Forward" position no demand. WOOL. Bradford market, quiet , and little new business being .done. At the close there were indications' of more activity in merino, but crossbred is neglected • PreSent quotations are:—64's (merino) warp, 5s 3d; 64's (merino) average, 5s Id; 56's (super halfbred) 3s fid; 40' a prepared (coarse crowbred) 2s 6d. OATS.. • Market dull coid English plentiful. White quoted 34s per 336!b; feed, 295. Np. 2 Canadian Western April shipment offered at 28s 6d.. Nominal value New.Zealand ,"A" spot 30s to 325, B 29s to 303. For shipment Is per quart lesa. TALLOW. Spot market quiet, but fair demand at auction. No forward business reported. Present quotations are the same as loot week, except: Mutton, fine 48s per owt, fair to good, 45a 6d to 475. Beef, sweet andor mixed 465. . EGGS. Demand alow and market quiet. English, PaTiiwh, rHltcb, 12s 9d to 15s 6d per long 100; Irish, Belgian, Italian, 12s to 12s 3d per long 100; Styrian, Polish, Russian, 10s 3d to lis 3d per long 100.

FOBEIGN EXCHANGE RATES.

(Received March 31st, 9.30 p.m.) LONDON, March 30. The exchange rates are: Par. Mar. 26. Mar. 30. Paris, fr. to £1 .. 22.225 90.35 84.70 Brussels, fr. to £1 .. 22.225 93.30 92.85 Oslo, kr. to £1 .. 18.159 30.39 &0.17 Copenhagen, kr. to £1 18.159 26.17 26.04 Stockholm, kr to £1 18.159 17.75 17.73 Berlin, Reichmarken •to £1 . . .. Montreal, dol. to £1 4.66 4.78; 4.78 i .New York, dol. to £1 4.86 4.78J 4.771 Rome, lire to £1 .. 22.22J 117J 116| Yokohama, at to yen 21.5 201 . 20J Calcutta, et. to rpe 10 to gold £1 17 15-16 d 19Jd Hong Kong, et. to dol. * 27Jd 27id Amsterdam, fl. .. 11.W 11.99 i 11.99 i Batavia, fl. .. 12.106 12.02 12,01 * Determined by the price of silver. WHEAT. (Received March 31et, 9.20 p.m.) LONDON, March 30. Cargoes are dull. Prices are unchanged but tending easier. Parcels are quiet. More are offering at the lower rates. GOLD. (Received March 3tot, 9.20 p.m.) LONDON, March 30. Geld is quoted at 86s 6d per oz. . BRADFORD WOOL MARKET. (Received March 9.20 p.m.) . LONDON, Mareh 30. At Bradford a little business -is passing in crossbred tops at cheaper rate 3. Merino | tops are unchanged. i r ■ METALS. (Received March 31st, 10.30 i>.m.) LONDON, March 30. Copper—Spot £6O 3s 9d; forward £6l 6s 2d. Lead—Spot £35; forward £32 17e 6d. Spelter—Spot £34 17s 6d; forward £33 15s. Tin—Spot £24r) 7s 6d; . forward £244 2e 6d. Silver—Standard 81 Jd fine; MJd per 02.