COMMERCIAL

Nelson Evening Mail, Volume LXI, 6 August 1928, Page 2

COMMERCIAL

Tho New Zealand Loan and Mercantile Agoncy Company Limited have received tlie following cablegram from their London house, under dato Ist inst. (Last quotations;in parenthesis):— Dairy produce.—Butter, New Zealand choicest salted 182 s per cwt (184 s). Market quiet. Cheese, Ills to 112 s per 'cwt (Ills). Good demand. \ . Tallow.-r-We quote present c.i.fi and-', e.' Values , fin*. The Jollofving , descfiptiqns of Lillbjv: Fipe mutton, 43s ,6d pin' cwt)', good brief 43s 6d. per c\frfc,i mixed 141 s ip'er. cwt. Market quiet. ! j; ”,

, Messrs Dalgety and Company, report, having received the following cable dated, Loqdon, ,2nd August : Butter: Market quiet, prices difficult •to maintain. We quote: Danish,, 180 s to l&2s (180 s to, 182 s); NiZ. finest salted 180 s to 184 k (180 s to 184 s); Australian finest salted 168 s to 174 s (170 s to 1745); Australian G.AIQ. 158 s to 162 s (158 s to 162sj. Cheese: Market quiet and steady. We quote: N.Z. Cheese white 110 sto 112 s (109 sto 11.0 s): N.Z. cheese coloured 109 s to Ills (109 sto 110 s); Spot price for Canadian white' arid coloured, 109s - ' tjo 110 s (109 sto 110 s); c.i.f. price' for Canadian 109 s (106 s to 107 s). (Last week’s quotations shown in parentheses). Frozen Meat: Quotations unchanged except, for beef which is l-8d to l-4d lower.

LONDON MARKETS

Tlie New Zealand Meat Producers Board has received tlie following cable from, its London Office, dated 3rd August 1928, advising Smithfield delivered prices per lb averaged for, week ending that date, as follows : , New Zealand wethers and maidens: Canterbury quality, selected brands, 56/.under 7|d. 57/64 7|d, 65/72 7d. Other brands, SC/rinder ?sd, 65/72 6|d. New Zealand ewes: 64/under s§dl New Zealand lambs: Canterbury quality, 36/under 9|d. 'Selected brands, 36/under 10|d, 37/42 9jjd. Other brands, Ist quality, 36/under 9£d, 37/42 9§d, 2nd quality, 30/32.average lOd. New Zealand beef: Ox fores, 4d, hinds 6jd, cow hinds s|d. . .Frozen pork: porkers, 60/801bs 7id, 81/991bs 7d, 100/1201bs 7d, baconers, ]2l/1801bs 7|d. ..Lamb: market firm. Consumption is improving Owirig to cool weather. lyfuttori: Market very firm, better prices. Beef: market firm with good demand. The New Zealand Dairy Produce Board has received the following market report from its London Office dated 3rd August:

.Butter. New Zealand salted 180/184/-, unsalted 186/190/-. Delivered this week 730 tons.. In store this week 5650 tons. . Danish 182 s spot, 176 s f.o-.b. Market steady. Retail prices unchanged. Estimated stocks of all butters in store in the United Kingdom at Ist August 1928, 14,000 tons, compared with 17,500 tons last ye>r. , )

Cheese. New. Zealand white- 111/li2s. Coloured 110/llls to 112 s. English finest farmers 126/130s. Market, firm. Retail prices unchanged. Estimated stocks cheese, in London, Liverpool and Bristol at first August:—New Zealand and Australian. 68,500 crates. Canadian 155,000 boxes. Deliveries New cheese tiiis week 16,500 crates. In store this week 59,000 crates.

Butter. New York cents (Is 10fd), Montreal 38£- cents (Is 7-Jcf).