COMMERCIAL

Nelson Evening Mail, Volume LVI, 8 April 1924, Page 7

COMMERCIAL

LONDON MARKETS/ The Department of Agriculture has received the following cablegram, dated sth April, frem the High Commissioner for New Zcahu-'L London:— BUTTER Fluctuation lias continued this week, and only iit*Je improvement in demand has arisen from reduced retail prices. Official quotations are: — New Zealand : Salted,' finest, 150/-, 104/- per cwt (1/41, l/3Ad per lb); exceptional, 156/- per cwt (l;4jjd per lb). On salted, 156/-, 160/- per cwt (1/4;-;, l/5i per lb),- Other qualities, 120/-, 146/- per* cwt (1/1, l/3£ per lb). CHEESE Little business has been done _ this

week. English linn New Zealand market dull, on account of increasing stocks. Official quotations are : —English : Finest farmers’, 140/-.- 145/- -per cwt (1/3; 1/3/, per lb)/ New Zealand: Finest and fine, colomcd 84/-,- 86/- per cwt (9d, 9/d per lb), exceptional, 88/- per cwt (8/d per lb/; white, 04/-/ 86/- per cwt (9c!, 9/d per lb). Shipments of New Zealand produce arrived this week per s.s. Kent and Kaikoura. Estimated cheese stocks available at. wharves arid docks, London, Liverporl.J and Bristol, on Ist April, were:-—Cana-1 diamond American,* 13,3000 boxes; New. Zealand and Australian, 103,550 crates,’ against 6700 boxes and ( 13,950 crates respeotivelv for same period last vear. j HEMP i

Manila market opened quiet, but clos-i ed firm, and hellers inclined to hold back. “J” grade March-Mav shipments quoted at £33 15s to £39 and values. March-June shipments sold at £39. New I Zealand market continues quiet, and values unchanged. WOOL Biadfr. rd market still good, and do juand from. Germany continues. Prices for tops: 64U merino),. 6/ _• 56's (super half bred), 4/o',4o's prepared (coarse crossbred), 2/31,. “ FRUIT f irst shipment- of Australian apples arrived Thursday, well packed and graded, but signs qf hitter pit showing

Only two varieties in the market yet Jonathans and Clcopatras, which brought Hi'- to 18/- per ease. PEAS Market For blue is depressed in const quencc of heavy arrivals from Japan. Best Japanese I.a nil-picked Marrowfats ex st'bre £2O 5s to £2O 15s; April-May shipments, £lO 70s per ton c.i.f. Tns manian, “.A - ’ grade, March-April ship, merits, worth about- £l9 10s per ton c.i.f. New Zealand ex store, slow sales at. £l6 to £l9. English Maple plentiful at 55/- to 65.'- per quarter. Nominal values ex store of New Zealand Maple. 68/- to 74/-; Tasmanian 87/6 to £2/6 ; and' March-April shipments offered at 77/6 c.i.f. COCKSFOOT ■, Stocks very light, and quoted at 87.6 to 91/- per cwt.