COMMERCIAL.

New Zealand Herald, Volume LX, Issue 18567, 27 November 1923, Page 5

COMMERCIAL.

LONDON DAIRY QUOTATIONS. [by telegraph.— association.] WELLINGTON, Monday. The National Dairy Association has received the following cablegram from its London office, dated November 26: — Butter.— market is quiet. Now Zealand, salted, 206s to 208 a; unsalted, 2165; Australian, 198« to 2025; Argentine, 108s j Irish, 1965: Danish, 2165; Dutch. 198b. Cheese.—The market is slow. New Zealand, white, 106s to 108s; coloured, 106s to 110s; Canadian white, and coloured, 106s to 112 a SALE OF PEDIGREE "FRIESIANS. Tho Farmers' Co-op. Auctioneering Co., Ltd., report:—At Matangi, on Thursday, we heid a dispersal sale of pedigree Fneeian cattle on behalf of Mr. Win. Boyd. The catalogue comprised 70 lota, and, although no animal reached a high figure, ft good average was Maintained. The cows and heifers in milk; numbering about 29, were first submitted. Cornucopia Lucille Paxton (a Buckland descendant) was sold at 70 guineas to Mr. J. Porke, Roto-o-rangi. Another Monovale cow, lot 14, Monovale Ivy Paxton, fell to Mr. Andrew Karl at 62 guineas. The averurro obtained in this section was almost 35 cruineas. The yearling heifers, a particularly well-grown lot, drew good competition, averaging 31 guineas. The calves, ho\vevler. were the most popularly received, and strong competition ruled throughout. The heifers made an average of 18|- guineas, and the bulls 12 guineas. The herd sire, "■Coldstream "WomdcreaJt Paul," bred biy Mai chant, on pronounced butter-fat lines, sold at 75 guineas to Mrs. A. M. Prentice, Taniwha.

WHOLESALE PRICES IN BRITAIN. The 'slight advance in wholesale prices of commodities in the United Kingdom in August was succeeded by a bolder forward movement _in September, says tho Statist. The July index number was the lowest recorded in any month since January, 1916. The September index number represents a level of prices mid-way between the pre-war average and the peak point reached in th© post-armistice boom. and is practically the same as that ruling at the end of last June, and also at the end of September, 1022, when the trade recovery commenced. The increase was shared in nearly eaual proportions by foodstuffs and materials. The most prominent among the latter was the textile group, which rose by 5.6 per cent., following an advance of 1.2 per cent, in August. Raw cotton and hemp again went to higher levels, and Bilk_ also showed a substantial advance. The rise in minerals and in sundries, both of which declined slightly in August, was of small proportions. Among foodstuffs, sugar advanced sharply. Animal food was the only group to recede; all the commodities included declined. PROPERTY SALES. Mr. C. F. Bennett will offer for sale by public auction, at his rooms. New Zealand Insurance Buildings, at 12 noon to-day, house of four rooms on freehold section, anprox. fifift. x 40ft., at No. 1, St. Leonard's Road. Devon port.