COMMERCIAL.

Hawera Star, Volume XLV, 19 May 1925, Page 10

COMMERCIAL.

DAIRY PRODUCE

(BY TELEGRAPH.— Pit KBS ASSOCIATION.) WELLINGTON, May 18.

The New Zealand Producers’ Co-op-■Ei’titivo iVlurkctiuji* Association s weekly cabled market report from London, under date May 15, states: Butter is quoted as follows: —New Zealand. 168 s t<? 170 s: Australian 162 s to 164s;' Argentine, 156 s to 158 s; Irish, L7()s; Siberian, 146 sto 1525; Danish, 182 s. Market slow. The quantity of butter afloat and discharging (New Zealand, Australian and Argentine) is estimated as 955,000 boxes. Cheese is quoted at 945. The market is inactive. The quantity of New Zealand and Australian cheese discharging is estimated at 225,000 crates. FROZEN MEAT.

Messrs Dalgety and Company, Ltd., report having received the following cablegram from their London house under date 14tli instant: Lamb: New Zealand prime crossbred lamb, Canterbury heavy lOfd, light I2d; North Island, heavy 10-}d, light 11-J-cl. Demand for New Zealand lamb runs principally on light weights. Market, weak; any change in prices is in favour of buyers.

Mutton: New Zealand prime crossbred -mutton Canterbury’ heavy 6d, light 9}d; North Island, heavy sj}d. light 9d. Demand for New Zealand mutton runs principally on light weights. Market weak; any change in price is in favour of buyers. Beef: New Zealand prime ox beef hinds sd. fores 3}d. Poor demand for New Zealand beef; market weaker. - LONDON TALLOW MARKET.

The Bank of New Zealand, produce department, has received the following advice from its London office under date May 14: There is a good demand for tallow. Current quotations: Good mutton 44s 9d to 45s 3d per cwt, beef and mixed 44s 3d to 44s 6d, gut 37s oil to 40s 3d.

LONDON WOOL SALES. , Messrs Dalgety and Company, Ltd., report having received the following cablegram from their London house under date of the 14th instant: Wool sales closed active, with good competition for all good wools. Continental buyers were the principal operators in merino; good demand from Home trade for crossbred. As compared with last sale’s closing rates merino wools, greasy, 3d to 4d lower; merino, scoured, 4d to 8d lower; half bred greasy, 3d to 5d lower; crossbred, fine quaity, 5d to 7d lower; crossbred, medium and oarse. 5d to 6d lower; crossbred, scoured, od to 7d lower; slipe wools, 6d to 8d lower; lambs, 4cl to 5d lower. Of 69,000 bales catalogued, 43,000 bales were sold, 24.000 hales to the Continent, 18,000 bales to the Home trade, and 1000 bales to America, leaving 115.000 carried forward, of which 90,000 bales have not been offered. Following is the range of prices: , 'Merino, good to super 26d to 29£d, low to medium 19d to 25d; halfbred, 56/58, good to super 23d to 26-id. low to medium 18d to 22d; halfbred, 50/56, good to super 18d to 22d, low to medium 15Jd to 17d; fine crossbred, 48/50, good to super 16id to 19-id, low to medium 14d to 16d ; fine crossbred. 46/48, good to super laid to 17id, low to medium 13-id to 15d; crossbred, 44/46, good to super 15d to 16id, low to medium 13d to 14id; crossbred. 49/44. good to super 14d to 15-Id, low to medium 12-Id to 14d; coarse crossbred. 36/40, good to super 13Id to 141x1, low to medium 121 d to 13d. 1

FROZEN MEAT. The New Zealand Meat Producers’ Board has received the following cable from its London office, dated May 15, advising Smithiield delivered prices at chat date as fol ovvs (prices for the previous week being also shown) : N.Z. wethers and maidens.—-Canter-bury* quality, selected brands, 56/under. ■ld (R'?d>- 57/64, 7jd (7-Jd) ; 65/72, G&d 6Jd>. Other brands: 56. under, BJd RlciS: 57/64. 7d (fid); 65/72, 6ld (6gd). N.Z. ewes.—64 under. s;d (6Jd). N.Z lamb. —Canterbury quality, 36 PKier, 121 d (12’d): 37/42', 1 Igd'(] 13d) : 4 150. lw- 'd (102 d) seconds, 11 gd Tijjd). .Selected brands: 36/under, 2 1 d H-ild) ; 37/42. II id (llfd). Other brands: First quality, 42/under, llfd 1M.B; seconds, llfd (llijd). N.Z. Beef. —Ox fores 3‘d (3id), hinds 54d (old) ; cow fores 3d (3d), binds 4/,d (4-id). Argentine Chilled Beef. —Ox fores Vd (34f1) hinds 6Zd (6fd). Ai gen tine Frozen Beef.—Ox fores •' hinds 5-id (old). Frozen Pork. —120/180 lias, Bid (Rid).