COMMERCIAL

Evening Star, Issue 18021, 15 July 1922, Page 3

COMMERCIAL

CABLE TRANSFERS. Press Association—By Telegraph—Copyright. "LONDON, July 14. (Received July 15, at 10 am.) From to-day the Louden Associated l Australasian Banks’ selling rates for cable transfers to Australia and New Zealand will b« 12s 6d premium.—A. and) N.Z. Cable. SALES ON ’CHANGE*, Auckland—Bank of Now Zealand, 51s 9d; South British, 38s 6d; New Zealand Wbr Loan (1938), £94 2s 6d; Auckland Gas, 22i 9d. BUTTER AND CHEESE. Messrs Dalgety and Co., Ltd., report having received the following cable from their head office, dated London, Juiy 13, 1922 “ The total imports of but te into the United Kingdom for Juno were 321,000cvvt. Tho total imports for the same period last year were 471,000. Ibe butter market is weak and irregular, owing to Danish forced sales, at declining prices. New Zealand salted. 2165; Queensland, 206 s j Danish, 208 s; Australian finest salted and also unsalted, 2035. “ For cheese there is more inquiry. Now Zealand color 925, New Zealand while 965.” FROZEN MEAT. The New Zealand Loan and Mercantile Agency Company, Ltd., has i-cceived tho following cablegram from Us Londou house, under date the 12th Inst. Tallow.—There is a good demand 1 at lato rates. , New Zealand Frozen Meat.—Lamb, 114 a per lb; mutton (wether and maiden ewe), fight 63d, heavy Sid; ewe, light 54, heavy 43d. Market weak. Beef 1 No change. Messrs Dalgety and Co., Ltd., report baring received tho following cable from their head office, dated London, July 13 N.Z. prune cross-bred lamb, Canterbury, heavy lid, Hsht llfd; North Island, heavy lOjd,' light lid. Demand is better. N.Z. prime cross-bred mutton, Canterbury, heavy s[d, light Cjd; North Island* heavy sd, light 6d. The demand is poor, N.Z. primo ox beef, hinds 4|d, fores BJdr Demand is moderate. Australian good average quality cross-bred lamb, heavy 9id, light lOd; mutton, heavy sd, light sd. Messrs Murrey, Roberts, and Co., I/bd., have received tho following _ sheepskin market cablegram from their London agents dated the 13th inst. " Merino sheepskins: Market shows no change; cross-bred sheepskins declined 5 per cent.*’ Loans to the amount of _£s7o f and twenty-five shares wore applied ior at this week’s meeting of tho trustees of tho Dunedin and Suburban Mutual Money Club, Ltd.