COMMERCIAL.
DAIRY PRODUCE
LONDON QUOTATIONS
The Bank of New Zealand’s produce department has received the following advice from its London office as at close of business last week:
Butter.—Quiet, 156 s to 158 s per cwt. Cheese. —Quiet; white, SGs per cwt.; coloured, S4s per cwt.
TRANSACTIONS IN SHARES
(By Telegraph—Press Association.) AUCKLAND, Jan. 14. Share -market sales: South British Insurance, 61s; New Zealand Farmers’ Fertiliser, 22 s 6d; Mount Lyell, 3Ss 3d.
BERLIN BANK RATE (United Press Association—By Electric Telegraph Copyright.) BERLIN, Jan. 13. The bank rate has been reduced to 64 per cent.
LONDON MARKETS
DEPARTMENTAL REPORT
The department of Agriculture has received the following cablegram, dated January 11, from the High Commissioner for New Zealand, London:
Market quiet, but fairly steady, with moderate demand at auction this week. Present quotations are, spot: Mutton. —Fine 39s per cwt. ; fair to good, 36s 6d to 38s per cwt.; dark to dull, 34s 6d to 35s- per cwt. Beef.—Sweet and/or mixed, 37s 6d to 40s per cwt.. fair to good, 35s to 37s 6d per cwt. ; dark to dull, 33s 6d to 34st 6(1 per cwt. Mixed. —Fair to good, 35s to 37s per cwt. ; dark to dull, 33-s 6d to 34s 3d per cwt. Gut, etc., 32s 6d to 34,s 3d per cwt. WOOL
Bradford market dull, and tendency in favour of buyers. Tops., 50s prepared, now Is 9d; 40’s prepared, Is s}d ; others unchanged. HEMP
Manila market quiet but steady. “J” grade January-Maroh shipment quoted at £35 ss. Output for 1929, 1,559,000 bales, against 1,416,175 for previous year. Stocks in Manila at December. 31, 177,000 bales, against 158,452; in England, 9119, against 16,397 same time 1928.
Sisal market quiet with very little demand, and easier pine for afloat,- Business has been done in good marks. No 1 at £35 15s to £36; No. 2, £35. New Zealand.—Small business in high fair, but restricted owing to the absence of offers. Nominal camparative closing values January-Maroh shipment high fair, £33 10s; 'fair, £29 10s to £29 15s; common, £27 15s to £2B; tow, second grade, £2l ; third' grade. £lB.
Permanent link to this item
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Bibliographic details
Hawera Star, Volume XLIX, 15 January 1930, Page 9
Word Count
349COMMERCIAL. Hawera Star, Volume XLIX, 15 January 1930, Page 9
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