COMMERCIAL.

Manawatu Standard, Volume XLI, Issue 8536, 17 March 1908, Page 2

COMMERCIAL.

THE MARKETS E. Griffiths and Co., dairy produce exporters, New Plymouth, are in receipt of tho following market report from their London principals, Messrs Mills and Sparrow, dated Slst January, 1908: —The weather is seasonable, but considerable fogs in the early part of the week. Vory high prices are being made for all descriptions of butter. This is to a large extent brought about owing to the big retailers making butter their "fighting" article, and wo know of cases whero 116s-and 120s have been paid for colonial butters and the goods retailed at Is per lb. The demand in this way has kept up to its full limit. On the other hand the total imports into tho United Kingdom are showing a decrease week by week, as compared with last year, so that we see nothing to prevent Jiigher prices being made until supplies overtake demand. Danish: There is a brisk demand, and all arrivals are cleared as soon as landed. Prices have been firm throughout the week, and yesterday Copenhagen advanced two kroner (2s 4d) with a possibility*of a further rise next week. Siberian: There have been no arrivals this week, as considerable quantities are delayed by snowblockado. Owing , to the scarcity of under-priced butter, the delay with Siberian has been very acute, and secondary qualities are selling at 2s to 4s below finest. French: Market is firm, with tho possibility of higher rates for next week. Supplies continue light. American : The high prices have had the effect of bringing over some underpriced goods and quite ordinary qualities are being sold at 108s to 116s. As there is nothing else on the market buyers have to take them. Australian : The butlers that arrived this week per s.s. Ortona were rapidly absorbed at gradually improved prices. Tho demand is so strong that higher rates will be made next week, and we should not be surprised to see all previous price records for eoloninl butter for the month of February broken in the next two or three weeks. Unsalted is now making tho same price as sailed.. New Zealand: There has been no fresh arrival this week, but the s.s. Tongariro is docking to-morrow. Tho butters ex Mamari realised up to 120s, but 4s to 6s more is being asked for tho Tongariro, and we have no doubt that these prices will bo made. The butters are absorbed as soon as they are landed. Cheeso: This department is dull and very little business has transpired during the week. In order to make sales Is per ewt. has occasionally to bo conceded to buyers. French, 112s to 130s. Russian and Siberian, finest 116s to 118s; fine 114s, inferior 106s to 110s. Victorian, finest salted 120s to 1225. fine salted 116s to 118s. finest unsalted 120s to 1225. New South Wales, finest salted 120s to 1225, fine salted 116s to 118s, finest unsalted 120s to 1225. Queensland, finest salted 118s to 120s, fine salted 115s to 116s, finest unsalted 118s to 120s. good to fine salted 115s to ll&s. New Zealand, finest salted 122s to 1245. fine salted 118s. good salted 112s to 116s, inferior 100s to 106. Argentine, finest salted 113s, 120s. 1225; finest, unsalted 118s, 1225. 1245. American. Good to fine 110s to 114s, inferior 102s to 106s. Cheese. —Canadian, finest white 62s to 635, coloured 63s to 645. fine white 61s to 625. Now Zealand, finest white 60s to 61s, coloured 61s to 625.