Commercial

Horowhenua Chronicle, 6 August 1912, Page 3

Commercial

LONDON MEAT MARKETS. The Colonial Consignment and Distributing Co. send us their weekly market report dated Juno 21:Business is slowly but steadily reverting to more normal conditions. The discharge of vossels is hampered by inability to secure an adequate number of lighters, but the rate, of di<eharm> is now iu excess of daily iT(|iiirementK. and the market is re(vdinic to values more iu accordance w itli the statistical position. At t'v same time, the trade as a whole i>. very slow, and the output is not what it- should be for the time of year. In the East Knd of London particularly, the butchers* complain of the bad trade caused by the niim--I>!»rs still out of employment. Home-srown bt>of is quoted at. high rates, but English mutton is easier nnd can How be bought at (ijd to "Id |)or lb.. with ewes still making up ro ~><d per lh. English and Dutch lambi: are fairly plentiful, but even the best of the former do not command more than SUI per lit. .In lb- provinces, where many of the sbop> have raised their prices k> the p-iblv in proportion to the rise in wholesale rates., it is found that a marked reduction m the output has tollowed. indicating that the public have a limit of price to no paid for Miip.'rtcd meat. Ne-v Zealand Mutton. - During l!;v week the -'{".Ilii carcases. SiNs-ex about 11.01)0 carcases. ITiirunui :V>.-2-2-2 oaivases. Kia Ora .M..i03 careavs, and fndrabnrah I'jtreases have arrived, • but '' '">' "f rh.-' London arrivals have CiMiiiienivd di<..-harge. With a dull ■ ieniand. jirices 'nave a dropping tendency, although the quotable change i- s|in;ht. Canterburys are again in evidence at Id to per lb, and Noitli I .da lid- range from ;).Jd to -Id Frozen Lamb.- Arrivals consist ■>i •'Wf.ti:.'!. carca>e> from Mow Zealand. S-J.'iO carcaser. from Australia I nuil S:i7M carcases from South A mo- I

'■'"•;'• The demand received such a sc.'i'.i'is ehevk t'roin the hiiih prims obtained during tin , early flays of the strike, th;ii a rapid decline in vain.-.- h:i.- i'n!io\-.(-<l t.lu> larger oiferiim.s now available, and probably fur! her reductions will !i,v.e to be nude beiore business i> done on a norma! sc.de. The mp price of Canterbury* ii;<l p,,v ifo. ;i * K ] Xorfh Islands per lh. but. forward delivt?rio> .--iin he bought for much less. Australians and South Americans an> .selling ;it price* up to IVI per Ib.

(Ml! VIIODICK AT HOMI-

,Mci-> W. Weddvll rind Co. send '.i.- (heir weekly market report d;itfd 1.-.ndun. .Inne -21. ;,« fuHow.s: ..

/•utter. The weather continues \"i-y favourable for the growth of gi'a.». The How of milk is now aliout normal for the time of year: but tli.- drought last year reduced the number of cows, .and there has ii'< i yet been time to "'stork up" iigaiii. s<> that tlie -total output is 1-ss than an average for the time of yar. The delay in the delivery «'f Nutter and cheese at the docks in London cum nines to cause the gr.-atest. worry to importer* an<l the provision trad o generally. In ndditiiin uj the delay, losses are increasing owing u\ the fall in prices ui goo-la v.hi<-|i are in dock hut cannot, be delivered. Thrvo >ti>ainei> from Australia and tu<i from New Zealand are now discharging cargoes, hut very much more slowly thin ,!i ordiunn u'me>. The deimi.id j"i- AiiMialian and New Zealand butter is almost at vanisliing point, and may remain m> until t\iv wx season open- in the late Aut"inn. Prices inr Victorian, .\"ew .S-iitli Waiv.-. and Queensland are all .'it tlie saniß value. Ou the spot. Australian is making only ll.Ms u> I , )-is up to lltSs per cwt. In ,Sydl'e.v, the pri.-es are l;i| s . in Hrihbaiie KIHs. ami in 1 tils per cwt.

Arrivals this week consist of the Malwa. with -S7i> boxes and the Marathon with IBM. both from Australia, nnd the Sussex with tM'2 boxes from New Zealand to the West ( oast ol' KiiLcland. The demand for foreign butter is weaker, and both on the Com inent and in this country pries are declining. In this country the weaku<s<? i> due more to smuiiiK'iit than t-o short supplies. Ihe D-inish fj.i')filio(i b:is tf. t . n <t . ducod by two kroner, and now stands at !« kroner.

ChroM.'.-■ The hijrh price of cheese is .stimulating its production, and more new choo.se (curd would be a- more correct description oi iiiiu'li of it , * is being consumed ihis \o;ir than ever before, nnd valuer of New Zealand well matured excellent cheese are being dragged down by apparently cheap price? of other kinds rather than by tho ort'r supply from New Zealand. This is sustained by the fact that the total imports of cheese into the I'nited Kingdom for the month-: "f March. April and May this ye*..show a. deficit of 2320 tons compare 1 with the same months la.st year, .m i this shortage has been increased by 1-Mo ions since the end of May. so that during tho past sixteen weeks the total imports of cheese into the United Kingdom were WoG tons less than in 1911. "\Vlien it is remembered that the stocks of home-made old cheese are exhausted, whilo last y«>iir they wprc in a. normal condition, the statistical position fully justifies the present high prices of pheofio. Choicest NW Zealand has fallen 2s per ewt. on tho week, and white is selling nfc 71s and coloured 725. Canadian new make is bringing oTf. to Hfis per cwt. Arrivals of cheese this week consist of 10.340 cwts. from New Zealand, and 1-7.798 cwts. from Canada.