COMMERCIAL

Nelson Evening Mail, Volume LXIV, 2 December 1930, Page 10

COMMERCIAL

LONDON PRODUCE PRICES

The Department of Agriculture has received the following cablegram, dated 29th November, from the High Commissioner for Mew Zealand. London:— 'fallow: No auction will be held until lOth December. Spot market quiet and steady, and more interest shown for shipment. Quotations unchanged. Eggs: Stocks heavy and demand quiet for all descriptions at lower prices. Present quotations are : English national mark. 17s to 28s 1 , English ordinary pack 21s to 255; Danish. 20s to 225; South African, lis 9d to 15s 6d; Australian, 12s 6d to 15s. Hemp: Manila market quiet, but steady. "K" grade, January/March shipment) sold at £22 15s. Sisal: African sloady. Business lias been done in first grade, fair average quality, January/ .March shipment, at £22 10s. Mexican nominally unchanged. New Zealand: Small business has been done in fair grade. November shipment, at £23 ss, and in common grade, November/December shipment, at £2l 10s. CANADIAN DUTY ON NEW ZEALAND BUTTER (liy Telegraph—Press Association) WELLINGTON, This' Day. The imposition of eight'cents a pound duty on New Zealand butter imported into Canada was referred to by the Acting .Minister of Finance, Sir Apirana Ngata, yesterday. He stated that the Government had been in communication with the Right Hon. G. W. Forbes respecting the unfavourable position of New Zealand butter cnterino; Canada, and the Prime Minister had advised that suitable representations had been made to the Canadian Government, ami that the whole matter was under consideration. CANTERBURY LAMBS (By Telegraph—Special to "The Mail") CHRISTCHURCH, Ist December. An early start is to be made by one of the freezing works in Canterbury, T. Borthwick and Sons, Ltd., which is to open its doors to-morrow with a board of about 17 slaughtermen. Nothing definite is ascertained yet about the price to be paid for the first drafts of lambs. Well-informed circles aro of the opinion that the opening rates are likely to drop back fairly substantially when the later lambs come forward, and as they put it, the thing that concerns the fanner chiefly is what he is likely to get for 1 is Jambs after Christmas. It is stated that the opening rates are likely to be somewhere about lid per lb for a 361 b lamb. MEAT PRICES LOWERED (By Telegraph—Press Association) HASTINGS, Ist December. . This morning the meat exporters of Hawkes Bay announced u decline of the price on" the hooks at local works as follows:—Lamb, from 7M to 6d; first grade wethers, from 19s to 17s; first grade ewes from lis to 8s (id. SYDNEY WOOL SALES 'United Press Association—By Btentrio Telegraph—Copy right) SYDNEY. Ist December. At the wool sales offerings to-day were 10.71.6 hales, of which 9992 were' sold, also 675 which were disposed of privately. The average price of wool last week was 8.3 d per lb. The market to-day was very firm. Competition was strong on Japanese and Continental account. There was a limited inquiry from the United States. Ga'easy merino made 21d.