COMMERCIAL

New Zealand Herald, Volume LXI, Issue 18707, 13 May 1924, Page 7

COMMERCIAL

. . •v' 111 1 . r.K DAI PRODUCE L MARKET. BUTTER AND CHEESE PRICES [AX TELEGRAPH.— ASSOCIATION. -- WELLINGTON. Monday. ; The New Zealand Producers' Co-operative Marketing Association' received ; the following cabled " market report, under date, Lon- . don, May 9:— '—' • '• '-; c Butter.The market is steady.. Now Zealand, salted 168s to 1725, unsalted l'74s to 180 a; Australian, 156s to 160s; Argentine, best 1525, inferior 130s to 138s; Danish, 208s to 2125; Dutch, 2045. - ;r:. •Cheese.—The market is dull. , New 1 Zealand, white and coloured,' 84s to 85s; English factory, 70s to 80s. • LONDON WHEAT MARKET. _ Australian and N.Z. Cable Association.. (Reed/ 5.5 p.m.) ; (LONDON, May 11. Wheat cargoes are steadily held at about last week's rates, but with several world shipments the demand is auiet. Parcels art auiet. ' / NORTHERN WHEAT PROSPECTS^ The latest data received by the Interna-' tional Institute of Agriculture are confirmatory of the reduction in the aggregate area under winter-sown cereals in comparison with that of last season. The ascertained figures, from a group of 15 countries whioh usually furnish about 80 per cent, of the wheat and 55 per cent, of the rye grown in the Northern Hemisphere (exclusive of Russia) indicate a decrease of 5 per cent, for wheat and 1 per cent, for rye. _ The greater part of this decrease is due td the restriction in area under winter cereal crops in the United States. The United States Government has communicated . the ' fact that the, farmers are also intending to sow less spring : wheat. „ • MANAWAfu STOCK SALES. Dalgety and Company. Ltd.. Ptflmerston North, report that at the Feilding sale on Friday there was a very good, yarding of both . sheep and cattle, including a : good entry of fat sheep. Competition for .stores was not quite so keen though _ all _ lines changed' hands, but practically all the big pens of store cattle failed to find buyers. ' Fat ewes, 23s to 24s 6d; light "fat ewes, 20s to 22a 8d; forward ewi6s, 20s lOd; fat lambs. 225, 23s 6d, 255, to 30s; fat' 2tooths, 29s 9d to 30s'7d; fat wethers. 33s 'id, 34s 6d. 35s 6d. to 86s Id; 4-tooth wethers, 09s 2d to 80s: 2-tooth wethers. 25a 3d to 25s 7d; empty ewes, 13s 3d. : 14s 9d. 15b 2d, to- 16s 7d: ' small lambs, 8s 4d. 10s 4d. to lis 6d; b.f. lambs. 13s 9d. 14s Id. 15s" 2d, 16s 7d, to IBs 7d; w.f. lambs,, 18s Gd to 19s: small ewe. lambs, 20s lOd; m.tu ewes, il. S.D. rams, 26s 4d: heifers at drop, £5 7s 6d; forward cows, 355. £2. to £9. 2s 6d; best fed wearier steers, 33s to 365; best fed weaner heifers. 235: 3i-vear steers. £5 7« 2J-vear steers. £3 10s: rough 2-year rff-rsre, £2; rough yearling ~steef>», 335; vealers. £2 8s 6d; m.«. P.A. wearers, 28s: Hereford cows, r.w. v P.A. bull. ?6s; cows and calves, 35s to £2 2s; Hereford bulls, £2. , v .