COMMERCIAL

Nelson Evening Mail, Volume LVI, 14 July 1925, Page 3

COMMERCIAL

LONDON MARKETS

The Department of Agriculture has received the following cablegram, dated the lltli iust., from I lie High Commissioner for New Zealand, Loudon :

IJUTTK.It Market very quiet, and absence of demand. Present quotations for .New Zealand salted are 186 s on account of reduction in Danish quotations, but sellers inclined to be optimistic. Official quotations are : New Zealand: Finest salted, 186 s to 188 s cwt (Is 7;Jd to Is 8d per lb) j (exceptional) 190-3 ewi (Is 192 s to 191 s cwt (Is bid lb); (exceptional), ,196 s cwt (Is Bi}il tb); other qualities, 160 s to 182 s cwt (Is i'xl to Is 7£d H

CHEESE fcii’kot quieter ami loss demand, partly awing to unsettled vvauthor. Pro- ■ Si at <| notnt ions ase: I English, iiilost farmers, linn ; 16s to I 1.20 s ewt- Is O^i| to Is Id lb). I" New Zealand: Coloured 10s to 106 s I (lid tolled).; (exceptional). 107 s (11.(0) ; I white, 106 s to- 107 s (lid to 11(d); (exj ceptional), 108 s (11(d), _ I Shipments of New Zealand produce ; arrived this week per s.s. Argyllshire and Athonie. HONEY Demand very limited. Present quotaj t ions are: New Zealand, 60s to 85s ewt; j Californian. 57s 6d to 655; Canadian, I 55s to 65s ewt ; West Indian, 45s to 55s j ewt. ] HEMP Manila market- very firm and active, j “J"’ grade August-October shipments I sold at £4B per ton, c.i.f., now offered j £4B 10s sellers. New Zealand sorts firm, and it is reported that fair sold ] for £37. e.i.f., Jnly-Septeniber ship- | men Is. WOOL I Oe7n,pcditi«a. at. sales continues active, arid prices maintained fully on a par ■ with opening level. I APPLES | Market very slow owing to huge supplies Australian and Tasmanian. New Zealand stocks in a fair condition for holding. Prices, good samples, 15k to 18s per case. A few lines show and Athcnic now being unloaded, and apparently in good condition. | UNION I!ANK OF AUSTRALIA . >Uy Electric Tolegranli.—fYinyierbt > | (Australian & K.Z. Cable Association.) IrONDON, July 13. : dim Union Hank of Australia's profit j was £680,402 ; reserve. £100.000: dividind, ].5 nor cent per annum; forward. £92.902. The premium on shares issued in Oct idler amounting to £600,000, was added to reserve.