The Press HIGH COMMISSIONER'S REPORT.

Press, Volume LXIII, Issue 18927, 16 February 1927, Page 10

The Press HIGH COMMISSIONER'S REPORT.

The Department of Agriculture 'ia». received the fallowing cablegram dated February 12th. from the High Commissioner for New Zealand, in London:— BUTTKR. The New Zealnnd market U very »low and the Australian in quiet. Official quotations arc: — New Zealand. Finest salted. February 12th—172s to 174 a per cwt (Is 61d per lb). Februavv 3th —172s to 174« per cwt (li 6Jd per lb). Unbilled. * February 12th—182a to 184s per cwt (Is 7Jd to la"7Sd per lb). February sth—lß2s to 184s per cwt (ll 7|d to Is 73d per lb). Other Qualifier Februarv 12th—164s to 166s per cwt (la Sid to la 53d per lb). Finest (stored). Februarv 12th—166a to 168s per ewt (la 5Jd to la 6d per lb). February sth—l66s to 168s per ewt (ll s|d to Is 6d per lb). Australian Salted. February 12th—164s to 168s per ewt (Is s|d to la 6d per lb). February 5th —166 a to 170 a per cwt (Is s|d to Is 6Jd per lb). Unsalted. February 12th—168s to 172 a per ewt (Is 6d to la GJd per lb). February sth—l7oa to 174 a per ewt (li 6«d to Is 6«d per lb). Other Qualities. February 12th—150s to 164s per ewt (la 4d to 1» 5Jd per lb). Argentine: Unsalted. Steady. February 12th—156s to 160 a per ewt (la 4)d to li 5d per' lb). February 5th —156 a to 162s per cwt (ll 4}d to Is GJd per lb). Other Qualities. February 12th —150s to 154s par ewt fli 4d to la 4,d per lb). Banish. February 12th—188s to 192s per ewt (4a Bd'to li B|d per lb). February sth—lßßa per ewt (ll 8d per lb), r New Zetland Dairy Produce Control Board tpinimnm prices raised 2s yesterday. CHEESE. The Kew Zealand market is alow, end othen are steady. Official quotations are:— English: Finest Farmers. : February 12th—108i to 112 a per ewt (Hid toll per lb).. February sth—loßb to 112s per ,ewi (Hid to li per lb). ' ... \y:\ Canadian: Finest Coloured and wntte. : February 13th—98s to 108s per ewt (IQld to 10|d per lb). . Other Qualities. February 12th— 96s per ewt (lOid-per lb). Kew Zealand: Coloured. February 13th—94a to 95s per cwt (10d to 10|d per lb). ■ . . February sth—9.4s to 95s per ewt (lOd to 10id per lb). White. •February 12th—98s to 94s per cwt (9Jd to lOd per lb). _. J . February sth—9Bs to 94s per cwt (9|d to lOd per lb). Australian Coloured. ■ February 12th—02a to 93s per cwt (9Jd per lb). tFebruary 6th—OSS to 93s per ewt (9|d per lb). WhiteFebruary 12th—94s *er cwt (10d per lb). Other -Qualities. February 13th—91s to 92s per cwt (Bjd to 9gd per lb). Shipments of New Zealand produce arrived this week per Otaki and Mamarl. TALLOW. The market continues quiet at loweciprices, Present quotations are:—Mutton: Fine' 88a 8d to 89s per cwt, fair to good 88s to 88s per cwt, dark to dull 84s -to 85s per ewt. Beef: Sweet and/or mixed 87s to 40s.per ewt, fair to good 35s to 86s 6d per ewt, dark' to dull 88a 6d to 84a per ewt. Mixed: Fair to good 84s 8d to 88s 6d per- ewt, dark to dull 88s to 84s per ewt. Gut, etc.: 32a to 89s per cwt. . HEMP. The Manila market is- quiet but steady. Sellers quoted "J" grade February-April shipments 145 10s. Output January 98,000 bales, same as previous January. Stocks in Manila on January 81st, 103,000, against 130,000 bates for same time last year. In Great Britain, 4183 againat 87,000. The dial market is doll, and there ie no- demand for No. 1, No. 2. February-April shipments are offered at £B9 10s. The Mew Zealand market is easy, with no demand; ° WOOL. The Bradford market ii quiet. Mew bosi-j seas in yarn and'piece.goods Js developing] very slowly. Present quotations are:—6o-64'a! (merino) warp 2s Bd, average 2s 3d; 50's (super haUbred) 2s 9d; 50's (<ne crossbred)) 2s 3d;- 40' a prepared Is rid.

STANDARD INSURANCE GO. (FUSS ASSOCIAfIOaT tILBOKUtj < DDNEMK, Jebrnary 15; At ■ meeting of directors of the Standard Insurance Company to-day a dividend for the half-year ended December 81st of la 3d. a share, payable after March 7th, was declared. FAIRLIE STOCK SALE. The fortnightly stock sale was held at Fairlie yesterday. There was a small entry, the quality being only medium. Sales were:—76 lambs at 24s 7d, 87 at 28s lOd, 19 at 28a id, 18 at 28s, 6 at 23s 9d, 80 at 28s 7d; 40 wethers at 270 lOd, 30 at 25s 4d, IS at 24s lOd, 10 at 24s Bd, and 24 ewes at 13* Bd. it would be better to leave the* mariners alone. Frost-Sharing Sehems. The amount invested in the company's profit-sharing scheme during the year was-' 4300,000, oh which interest at 7} jwr cent., to be paid at the end of this year, had been charged in the accounts. The scheme proTided a simpje way of interesting their employees in the success of the company'* operations. Appreciation of the SUIT. As a frequent' traveller in the steamers, Lord Inchcspe said he was lost in admiration of the skill and caution which permeated the bridge and the engine-room, between which departments there .was perfect harmony and co-operation,. greatly to the comfort of all on board. It was no essy matter, in addition to keeping the engines moving, to maintain in perfect working order the electric light, the refrigerator plant, hot and cold water service, the ventilating system, etc., throughout the whole of the ship, with perhaps a thousand souls on board. Under their capable chief medicsl officer, Dr. Chaplin, they had in the ships a fine body of medical men. The work of the ahips wss carried on without noise; the vessels were kept like yachts, with every part always tidy and scrupulously clean. Civility and attention to passengers were observed; discipline as a rule left nothing to be desired. The skill, loyalty and devotion of the staff were assets of which they had reason to be proud. The resolution was carried unanimously. On the motion of the chairman, seconded by Lord Kilbraeken, dividends for the halfyear ended September 80th last of 2} per cent., less income-tax, on the preferred stock, and of 5 per cent., free of income-tax, on the deferred stock, were declared, payable on and after December 10th. The eleytlon of Sir O. B. Clarke as a director was approved; the auditors—Mr F, A. White and Colonel Sir Robert Williams'— were reappointed, and • hearty vote of thanks to the chairman, the directors, and the staff ashore and afloat, concluded the proceedings.- /