HIGH COMMISSIONER'S REPORT.

Press, Volume LXI, Issue 18428, 8 July 1925, Page 10

HIGH COMMISSIONER'S REPORT.

The Department of Agriculture has received the following cablegram from the High Commissioner for New Zealand, London, dated the 4th instant: — BUTTER. Jfarket firm and steady. Business quieter this week. Official quotations are:— New Zealand. Finest Salted. Julv 4th—lßßs to 190s per cwt (Is 8d to Is BJd per lb). June 27th —180s to 190s per cwt (Is 8d to Is BJd per lb). June 20th—180s to 182s per cwt (Is 71d to Is 7jd per lb). Unsalted. July 41h—194s to 196s per cwt (Is Bjd to Is SJd iper lb). June 27th—194s to 196s per cwt (Is BJd to Is BJd per lb). June 20th—187s to 190s per cwt (Is 7Jd to Is BJd per lb). Other Qualities. July 4th—l7os to 184s per cwt (Is 6Jd to Is 7Jd per lb). Australian. Salted. July 4th—lß2s to 186s per cwt. (Is 7Jd to Is 7Jd per, lb). June 27th—180s to 166s per cwt (Is 71d to Is 73d per lb). June 20th—172s to 176s per cwt (Is 6jd to Is 6Jd per lb). Unsalted. July 4th—lßCs to 190s per cwt (Is 7Jd to Is aid per lb). June 27th—186s to 190s per cwt. (Is 7Jd to Is BJd per lb). June 20th—168s to 174s per cwt (Is 6d to Is Bid per lb). Other Qualities. July 4th—lsos to ISOs per cwt (Is 4d to Is 7Jd per lb). Argentine. July 4th—lßos to 184s up to 186s per cwt (Is 7Jd to Is 7Jd to Is 7id per lb). June 27th—178s to 182s per cwt (Is 7d lo Is 7Jd per lb). June 20th—168s to 174s per cwt (Is 6d to Is 6jd per lb). Other Qualities. July 4th—l74s to 178s per cwt (Is 6id to Is 7d per lb). Irish. Salted. July 4th—l9os per cwt (Is Bid per lb). June 27th—190s to 192s per cwt (Is Bid to Is BJd per lb). June 20th—180s to 182s per cwt (Is 7id to Is 7Jd per lb). Unsalted. July 4th—l96s to 19Ss per cwt (Is SJd tc Is 9d per lb). June 27th —194s to 196s per cwt (Is SJd to Is BJd per lb). June 20th—186s to 188s per cwt (Is 7id to Is 8d per lb). , Siberian. July 4th—l7os to 178s per cwt (Is 6Jd to Is 7d per lb). June 27th —170s to -174s per cwt (Is BJd to Is 6Jd per lb). June 20th —158s to 166s per cwt (Is 4Jd to Is s?d per lb). Danish. July 4th—lfiSs to 200s per cwt (Is 9d to Is 9Jd per lb). June 27th—202s to 204s per cwt (Is 9Jd per lb). June 20th—192s per cwt (Is BJd per lb) CHEESE. Market firm and on rise. Good business has been done. Official quotations are: — English (Finest Farmors). July 4th—llos to 114s per cwt. (lljd to Is Oid per lb). June 27th—108s to 112s per cwt (lljd to Is per lb). June 20th—106s to 110s per cwt (Hid to HJd per lb). Canadian. Coloured and White. July 4th—lo4s to 106s per cwt (lid to Hid per lb). June 27th—98s to 99s per ewt (10Jd per lb). June 20th—96s to 98s per cwt (10Jd to lOjd per lb). New Zealand. Coloured. July 4th —105s to 108s per cwt (lid to lljd per lb). June 27th —102s to 104s per cwt (10Jd to lid per .lb). . June 20th—99s to 100s per cwt (IOJd to IOJd per lb). • White. Julv 4th—lo6s to 108s per cwt (lljd to Hid- per lb). June 27th—103s to 104s (lid to lljd per lb). June 20th—99s to 100s (101 d to 103 d per lb). Australian. Coloured. July 4th —102s to 104s per cwt (10Id to lid per lb). June 27th—97s to 100s per cwt (IOJd to 10Jd per lb). White. July 4th —102s to 106s per cwt (IOJd to Hid per lb). June 27th—98s to 100s per cwt (IOJd to IOJd per lb). . Estimated stocks of cheese on hand July Ist at London, Liverpool and Bristol were:— Canadian and American 63,300 boxes; New Zealand and Australian'64,2so crates; against 15,450 and 113,750 same time last year. Shipments of New Zealand produce arrived this week per the Port Wellington and Mamari. HEMP. ' Manila market is active and prices advanced. "J" grade August-October shipments sold at £42 10s, and quoted at the close £44 sellers. New Zealand steady. Highpoint in .dock sold at £35, and July shipments onwards at same price.,. Good business reported in Fair, July shipments £32. Tow in fair demand. No. 1 sold at £27, No. 3 £23. WOOL. Bradford market somewhat better tone this week. Present quotations are: Tops about Id below last week. OATS. Onlv small business passing. No.. 2 Canadian Western offered at 30s 6d. June shipments. New Zealand "A" June shipments nominal value about 31s c.i.f. English good. White make 32s 6d to 33s 6d per 3361b. . PEAS. Maple Partridge very little demand for spot or for shipments. New Zealand exBtore offered at 67s 6d to 72s 6d; Tasmanian j 75s to 82s Sd. No. 1 New Zealand sale reported at 68s c.i.f. "A" Tasmanian quoted at 70s to 73s 6d c.i.f. Blue fair.' Demand for Japanese and Dutch continues. Japanese green have been sold at £22 15s per ton May or' June shipments. English crop yield expected to be light on account of dry weather. BEANS. Very little business has been done. English spring offered up to 545, winter 48s. New crop Chinese Horse ■ offered July-Sep-tember shipments £lO 7s 6d without finding buyers. Prices for new crop Danish cocksfoot opened about 73s f.o.b. Copenhagen. August-September shipments, but offered sinco at 70s to 71s. APPLES. Port Wellington shipment Newtown pippin unsatisfactory on account of internal browning, other '-'srls fairly .good. Market slow and prions- same as last week. Weather warmer. TALLOW.' • Market quiet. Present quotations are:— Mutton—Fine 45s Cd to 47s per cwt; fair to good 4-1 s to 46s per cwt; dark to dull 41s 6d to 42s tid. p ee {—Sweet and/or mixed 46s to 46s 6d per cwt; fair to good 42s 6d to 45s 6d per cwt; dark to dull 40s to 41s per cwt. Mixed—Fair to good 42s 6d to 45s per cwt: dark to dull 40s to 41s per cwt. Gut, etc., 38s to 40s 6d per cwt. EGGS. j Supplies smaller, but business is quiet. English, Danish, Dutch and Belgian 15s to 17s Gd per long 10/); Irish, French and Italian 13k lid to 15s per long 100; Lithuanian and liussian 10s bd to 10s 6d per loug ioo. . . , : ' ASHBURTON MARKET. -I Tliera was a small entry and a small attendance at the Tinwald yards yesterday. The entry included 219 fat ewes, 21 fat lambs, 55 store lambs and nine head of cattle.' Mainly owing to the short market fat ewes appreciated by 2s a head as compared wirli last week's rates. Tno principal sales were:Ewes, 11 at 27s lOd, 11 at 2Ss 7d, 18 at ■>9s ad 11 at 27s Id. 9 at 275, 42 at 275, 23 at 25s 3d. 13 at 28s Id, 13 at 275, 19 at 25s 9d, 23 at 26s Cd. Lambs, 12 at 335, 6 at 25s 3d, 3 at 18s 6d. Stores—A line of 55 wether hoggets sold a " Cattle—Cows in profit realised £2 2s 6d to £5 ss. SPRINGSTON STOCK SALE. The monthly stack sale was held on Mondjv, there being a good attendance oi farmers'. 'The varding was comparatively poor. The onlv sheeo sold were 13 fat ews at 33s and" 2 fat lambs at 32s:_ Springing h»if>i'S made £2 10s to £8; third and fourth calvirs £5 to £10; store.cows 276.£ d to 50s, and calves from 25s upwards. Porkers sold at £4 upwards, big slore3 at £2 to £2 10s, medium at 25s to 31s, and weaners from 17s upwards. N.Z. INSURANCE COMPANY. I (FKBBS ASSOCIATION T«LBOEAIt.) AUCKLAND. July .7. The directors of the New Zealand Insurance Co have decided to recommend to shareholders at the 'annual meeting next month the payment of a dividend of lOd per share for the half-year, making a total disbursement for the year of Is 7d. The directors also intend to recommend that the sum of £150,000 be transferred from reserves to capital, thereby increasing the paid-up capital to £1,050,000.