COMMERCIAL

Nelson Evening Mail, Volume LXI, 8 August 1928, Page 10

COMMERCIAL

LONDON MARKETS • The Department ' of Agriculture has received the following cablegram dated 4th instant from the' High Commission? - er for New Zealand, London: . TallowNo auction this week. Market quiet but steady at last quotations. Apples:—Only a few cold _ stored Stunners on London market-. Prices. 13s to 15s. Small arrival of American. Gravenstein making 14s to 16s. ... Eggs:—Arrivals of best are light from Continent and market firm. Present quotations are: —English and Danism 13s to 16s per long 100; Dutch and French. /13s to 17s per long 100; Belgian, 13s 6d to 14s per long 100'; Polish and Russian, 8s to 9s 3d per long 100. Hemp Manila market improved early this week, and “J” grade AugustOctober shipment quoted up to £37 10s. Closes easier at £37. - , Sisal njarket steady. Spot and afloat obtainable about £33 10s for No. 1 and £3l 15s for No. 2. New Zealand: No new feature in the market. Small business reported in fair at unchanged rates. Nominal closing values: —August-September shipments, highpoints £3O 10s; fair £2B; rejected £25 15s; tow, second -grade, £2O; third grade £l7 10s. ! Oats:—Demand for imported is .very slow owing to expectations of good English harvest. Canadian Western, August shipment, heid 265. Plate afloat offered 27s and January/February shipment at 245. Harvesting of English winter has commenced. Business re? ported in new black winter at 28s to 30s, and new white 32s to 335. Old crop very scarce and making 35s to 395. Nominal value New Zealand “A” grade gartons 30s to 335. Peas: —Maple: Spot trade very slow and buyers have apparently filled season’s requirements. Nominal value No. 1 New Zealand partridge for July/August shipment is about 65s c.i.f. Blues : Market quiet. Buyers holding off in anticipation of lower prices. European crop reported very good and new small hand picked Dutch offered at: 22s per cwt. “A” grade Tasmanian afloat offered at £2O 15s per ton c.i.f. Beans:—Market quiet. Chinese horse offered August-September shipment £lO 3s 9d Glasgow. English crop benefited by rains, and good yields expected. Old winter selling at Esls to 535, and spring at 55s to 575. ; .. Wool:—Bradford market quiet. Topmakers inclined to take less for Merino but crossbred firm. Present quotations, are:—64’s (Merino) warp, 4s per lb.. Average, 4s 4d per lb. 56’s (super halfbred) 3s 3Ad per lb. Prepared 40’s and 50’s, unchanged. WHEAT DULL CJnited Press Association—By Eleotrio Service. , (Received Bth August, 11.55 a.m.) LONDON, 7th August. Glowing reports of the North American : havvesting conditions dulled wheat cargoes, which were neglected at 3d to Is decline. Parcels, were in poor de- ;• mand at 6d to Is cheaper.