COMMERCIAL

Nelson Evening Mail, Volume LVI, 12 April 1922, Page 2

COMMERCIAL

mail COMMISSIONER’S

REPORT

Cabling to the Agricultural Department on Bth April, the High Commissioner reports on the butter market:—

“Hie extent of the recent rapid increase in the value, although only partially reflected in retail prices has resulted in limitation of consuming demand, and buyers are therefore holding off. Danish in larger supply owing to weakening Continental trade, and ia quoted to-day at 176/- to 100/- per cwt f.o.b. Supplies of English are more plentiful and selling in country markets at from 1/2 to 1/4 per lb. The result is that prices are much easier, and tendency is downward. New Zealand to-day is selling at 180 s per cwt, and the. market is slow. Official quotations for Bth April are: — “New Zealand, 180/- to 188/- per cwt (1/71 to 1/81 per ib). Exceptional, 190/- per cwt (1/81. pi.r Hi.) ■’Australian (salted), 170/- to .176/- per cwt (1/61 to 1/63- per lb); (unsalted), 174/- to 176/- per cwt (1/6/,- to 1/63 Pfill)).'

"Argentine, 160/'- to 158/- per cwt (1/51 to 1/6 per lb). "Danish, 186/- to 198/- per cwt (1/8 to l/9a<l per lb).” Reporting on the cheese market, the High Commissioner states that the market is easier, with only fair demand. Official quotations for Bth April are: —

“English, finest farmers’, 135/- to* 140/- per cwt (1/21,- to 1/3 per ib). ! “Canadian, coloured, 98/- to 104/- per; cwb (10jd to per lb); ■white, 94/-; to 102/- per cwt (lOd to lid per lb). ‘ “New Zealand, coloured, 94/- to 98/-, per cwb (lOd to 10'd per lb); white,; SO/- to 92/- per cwt (Gild per lb. ; “Australian, coloured, 86/- to 90/- per) cwt (9Jd to 9|d per lb); white, 84;-, to 88/- per cwt (9d to 9gd per lb). ; “Later reports show further decline; in New Zealand. Coloured, 92/- to 94/- : per cwt Old to lOd) per lb); white,! 88/- to 90/- per cwb (9|<l to per j lb). Estimated stocks of New Zeahyid 1 and Australian cheese in London, Liver- j pool, and Bristol on Ist April was i 74,650 crates; Canadian and U.S.A. j 43,500 boxes.” j The High Commissioner reports on the meat market as follows: “Mutton 1 continues in good demand at unaltered prices. Lamb market weaker and slower demand. Second-class quality North Island slow sales, owing to; competition from Australian best j brands, which are selling at pci- j lb. Chilled beef in moderate supply. New Zealand beef no demand. Quota-j Hons nominal and unchanged. For Bth | April they are as follow;—New Zealand , mutton: North Island lightweight, 8d j to Bid; medium, 7*d; heavyweight, I 5M to 7cl. Canterbury lightweight, B|d j to 83d; medium, 8^1; heavyweight, 6d j to New Zealand lamb: North Island best, Hid. Canterbury lightweight, Hjd; medium, Argentine Chilled Beef: Hinds, 8d ; fores, 4d. New Zealand Frozen Beef: Hinds, 4&d; fores, 2|d.” “Hemp.—Manilla market quiet but. steady. C grade April-June shipments sold £35 per ton; July-September shipments, £34 10s to £34 15s per ton;. H grade quoted £34 10s per ton. Out-! put from Ist January to 51st March was 278,000 bales, against 187,000 for same time last year. New Zealand market dull, business reported in spot high-, points round about £3l per ton. rlo interest shown in shipments. Sellers quote high-points April-Juno shipments £32 10s per ton; fair, £3l 10s per ton 1 ‘Wool. —Bradford market fair; good demand continues for fine merino and fine crossbred tops. Present quotations are: _64’ s (merino), .4/4; 56’s (super half-bred), 2/5; 40’s (coarse crossbred), prepared I/O/.“Fruit,—Little better demand for apples this week. Stocks of American and Nova Scotian lower, and , boxes; apples a point firmer, hirst shipments j of Australian and Tasmanian now en-j tirely cleared, hut market well supplied j with second and third shipments now | arrived. Westmoreland commneccs discharge Monday. Australian and Tas- j manian Cox’s Orange sold 15/- to 22,-j per ease; Cleopatra, 20/- per case; Jonathan, Mnnro, Five Crown, Aluis-, ton. 16/- to 17/- per case. . , opfoncy.—Market little more active for, New Zealand iu spite of large quantity j of cheaper grade foreign offering. Prime j and medium amber sold 70/- per cwt ■ (7ltl per lb), light amber 75/- to 86/6 ■ per cwt (8d to per Ib). ! “Eggs.—Market quiet but steady, i Present quotations are: —Italian and Irish, 15/- to 16/-; Dutch, English, and Danish,’l6/- t 6 18/-; Styrian, 13/6.” . ; ~ . .. 1 WELLINGTON MARKETS | Griffiths and 0., Ltd., Wellington, report-—The market has fluctuated considerably for all varieties of fruit, the heavy supplies of second-grade apples having a tendency to lower prices. Fancy lines of choice dessert applies and Winter Cole pears are wanted, the demand exceeding the supply. With the last of the stone fruit off the market, wc anticipate improved value generally. The following rates have been ruling: — 1 Apples, Delicious, - 3-inch, 3}, coloured, 10s to 13s ; Jonathans 6s 6d to 9s 6d; cookers 5s to 7s; Cox’s Orange, 8s to 11s ; Rihston Pippins 7si to 9s; Boston liussetis 7s to 8s ; Wolseleys 6s to 7s 6d; Adams Pearmains 7s to 8s j

6cl. Oilier varietie according to grade. Pears, Winter Cole, 6s to 11s bushel; W.H C. t choice, 5s 6d to 8s (kl; Vicars 6s to 7s 6d; Winter Nells 6s to 8s; Capiamont 6s 6d to 7s 6d; Conference 6s to 6s 6d; IJcurrt do Dei.ll 6s 7s. Peaches, market bare. Plums, in good demand, market bare. Cliilliiesi 7s to 7s 6d. Cucumbers, large- banana eases 8s to 12s. Cape gooseberries os to 6s half-case. Eggs, cratts (wanted) 3s Id doz; cases 2s lOd doz, Butter, separator Is Id lb. Poultry, lair demand, moderate rates. Potatoes, free from blight, £7 to £8 10s per ton. Pie melons 6s 6d to 8k 6d. Prices ruling for egg.s are high .end I likely to remain so. We recommend ; holders to ship, remunerative rates ■ being assured. j . : i (By Electric Telegraph —Copyright) f (Australian and N.Z, Cable Association) 1 „ | LONDON, April 10. I Copper £SO IGs 3d and £6O 11s 3d, Head £22 7s Gd and £2l 17s 6d; spelter ’£2£2G 7s 6d and £26 15s ; tin £152 7s 16d and £153 17s 6d; silver 33r)d an oz.

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