COMMERCIAL.

Hawke's Bay Tribune, Volume XII, Issue 300, 7 December 1922, Page 7

COMMERCIAL.

EXCHANGE KATES. London, Dee. 4. Foreign rates oi exchange en December 4th an compared with par rates, or an averaged first half of 1914, are aa follow:

HIGH COMMISSIONERS’ CABLED REPORT The Board of Agriculture has received the following cablegram, dated 2nd instant, from the High Commissioner tor New Zealand, London:— MEAT. -Market quiet. New Zealand wethers not quoted. Ewes unchanged. Fair trade in beef. N.Z. .Mutton.—Methers, not quoted ; ewes, 6 l-4d to 7d. N.Z. Lamb.—-Best quality, lightweight lljd to 1/, heavyweight lusd ; North Island, ordinary lid to ll|d, second class’quality 10 3-4 d to lid. Numerous’sellers of Australian lamb at 9d to lid per lb. according to quality. N.Z. Beef.-—Fores 3&d hinds -Qd; chilled beef, fores 4jd, hinds 6 7-Bd. English retail prices are as follow :— -Mutton—English, legs 1/8, loins 1/10, shoulders 1/4; imported, legs 1/, loins lid, shoulders lid; lamb English, legs 1/9, loins 19, shoulders l/», imported legs 1/5, loins 1/3, shoulders 1/1; beef, English, ribs and sirloin 1/10, steak 2/6; imported, chilled, ribs and sirloin 1; to 1/3, steak t imported, frozen, rib’s and sirloin 9d to 19d, steak 1/6. BUTTER. Market weak and irregular. New Zealand.—Salted finest 188 to 190/ per cwt. (1/8 1-1 to 1/8J iter lb.), exceptional 192/ per cwt. (1/8 3-4 per lb.); unsalted, 196/- to 200;- per cwt. (1/9 to 1/94 per lb-). Australian.—-Salted, finest 176/- to 180/- per cw.t. l/6if to 1/7| per lb.), exceptional 184/ per cwt. (1/7 3-4 per lb.). Argentine.—l 66/ to 176/ per cwt. (1/5 3-4 to 1/6 3-4 per lb.). Canalian.—l74/ to 180 per cwt. 1/63 to l/73d per lb.). Danish.—2oB/ to 210 per cwt. (1/101 to 1 104 per lb.). CHEESE. I Market quiet. English.—Finest farmers’, 130 - to 140/- per cwt (1/2 to 1/3. per lb.). . Canadian.—Coloured 122 to 126 p<r cwt (1/1 to 1/1J per lb.); white, do. New Zealand.—Coloured, 124/ to 128/ per cwt. (1/1 1-4 to 1/1 3-4 per lb.); white. 126 per cwt. (1/14 per lb.). Australian.—Coloured 120 per cwt. (1 0 3-4 Iper lb.). WOOL. * . Sales progressing favourably. Crossbred meeting excellent demand from Yorkshire, and America taking fine medium sorts. Prices firm at last quotations. WELLINGTON' FRUIT AND PRODUCE (Special to ‘ Tribune.’’) Wellington, Dec. 6. The Wellington Fruit Brokers’ Association report on the Wellington fruit and produce market as follows:— Since our last report the market for! sound apples has advanced slightly. I Present holders of apples are recommended to market the remaining portion of their fruit. Tomatoes (Nelson) are coming forward more freely, with the market to-day rather firmer. Stone fruits are being enquired for with limited supply available. With the present favourable weather conditions the market should remain firm. The following values ruled to-day:— Apples: Americap Jonathans, Winesaps and Spitzonberg, 18/- to 20/-, local Stunners 9/6 to 11/-; Doughertys, 10/- to 12/- per bushel. Cherries: Greytown 8/- to 10/- per box of lOlbs.; Nelson, according to variety, 5/- to 12/6 per half case. Plums: Wright Early, 8/- to 9/-; cherry, 7/6 to 8/-; bronze, 7/- to 8/per half case. Peaches: Sneeds (crates), 12/6 to 14/-. per half case 8/6 to 9/6. Apricots: Small 7/- to 9/- per half case. Gooseberries: Large 6/6 to 7/6, small 4/- to 5/- per half case. Tomatoes: Firm coloured and ripe '9d to ll|d per lb.

Strawberries: Motueka lOd to 1/1, Auckland 1/4 to 1/6 per lb. Cucumbers: Hothouse 6/- to 8/- per dozen. Asparagus: 5/- to 7/- per dozen. Rhubarb: 6/- to 10/- per dozen. Potatoes: Pukekohc 9 - to 9/6, Otaki 6/- to 7/- per cwt. Green peas: 7 to 8 per rental bag. Dressed Pork: GJd. Egg.s: 1/1 to 1/2. Poultry: Shippers are recommended ship poultry the week prior to ’Xmas. LONDON PRODUCT, MARKETS. lhe Bank of New Zealand have received the following advice from London under date December 1 :— Butter.— Weak. 18Gs to 190 s per cwt. Cheese.—Slow. Slight preference tor coloured 120 s to 12Is per cwt. Frozen Meat.—Ewe market firm. Lambs dull owing to absence of demand. Beef market well supplied but a little more demand. Light and heavy wethers, .no quotations; ewes 6\d to 7d per lb ; lambs, light 11 Jd to 12jd; heavy 10 ; ‘d to lid; seconds lid to HUH °x hinds 4Jd to fid; fores 3Jd to 3]d; cow hinds 4}d to 4}d; fores 3J(I to 3Jd. ihe following cable has been re ceived by Dalgety and Company, Ltd., Napier, from their heart offirc, London, dated December 5: Dairy Produce. Butter prices are lower by Is to 6s per cwt since onr last wire, and market continues weak. STORTFORD LODGE STOCK SALE. The Stock Brokers’ Association report having held their usual weekly sale at Stortford Lodge yesterday when a good yarding of cattle and a small yarding of sheep came forward to a moderate attendance of buyers. The yarding of forward bullocks being of good quay.ty met with keen coinpotion. The following prices were realised:—Fat cows up to L‘s 5,-, 4yr. Hereford bullocks (good quality) £1 13/- to £’6 8/-. 3 and 4yr. P.A. bullocks £5, 3yr. P.A. steers £4 12/- to £4 19/-, yearling P.A. steers (good) £3 5/-, yearling Hereford heifers £2, empty cows £2 7 6, fat ewes 20/- to 21 7,2 th. ewes 21 '6, 4th. wethers 24/3, fat wethers 29/6, f. and f. ewes 15/1 to 19,6.

Par Nov. 20 Dec. 4 New dols to £1 4.86 4.48§ 4.523 Montreal, dols to £1 4.86 4.482 4.523 Paris, francs to £1... 25,228 62.65 64.80 Stockholm, kr. to £1 18.153 16.75 16.77 (. hristiania, kr to £1 18.159 24.47 24 41 Copenhagen, kr to £1 18 159 22.20 22.19 Berlin, marks to £1 26 22* 28000 37000 Home, lire to £1 25.271 95& 90Z lokonama, pence to yen 74.68 —. 252 Calcutta pence to rpe 25 16 16 Hong K’g, pnc to dbl 25 28* 25|