COMMERCIAL.

Hawera Star, Volume XLVI, 23 April 1927, Page 10

COMMERCIAL.

LONDON BUTTER MARKET. BY CABLE—PRESS ASSOCIATION—COPYRIGHT. LONDON, April 21. The butter market is quiet, Australian and New Zealand jirices being unchanged. Danish is weaker at about 170 s. Cheese is steady. New Zealand, 70s to 775; Australian, 73s to 7us. SOUTHERN PRODUCE MARKETS. (P.Y TELEGRAPH -pR/.SS ASSOCIATION.' CHRISTCHURCH, April 22. Holidays have interrupted the ordinary flow of business this week, but an agreement .in regard to wheat prices, arrived at between the millers and the Farmers, has eclipsed all other factors in the market. The agreement is iegarded as satisfactory. It lias been ratified by the millers, and u is expected that it will meet with the approval of most of the. growers. The price of flour for local consumption is £l7 per ton. but for .shipment to the North Island £ls lls per ton, f.0.b.. the lower price being to meet Australian competition in. the North Island market. The average f.o.b. price is about £l6 os per ton, equal to As Bcl to os 9d f.o.b. to the grower oi wheat. Potatoes have eased during the week, now not being worth more than £3 a ton on trucks at country stations. The Waipiata, which sailed for Auckland just before Easter, took a total eon-; signmeut of I 1.100 sacks, and this quantity i.s likely to keep the Auckland market supplied for some time.