FINANCE AND TRADE.

New Zealand Times, Volume LXXI, Issue 4425, 3 August 1901, Page 6

FINANCE AND TRADE.

The Customs returns for yesterday amounted to £1705 16s.

Messrs W. Weddel and Co.’s report at June 21st records the arrival by the Wakanui of 3432 boxes of Mew Zealand butter, which was largely put into cold store at prices from 100 s to 102 s, a» cording to quality. Continuing, the' report says:—’‘Continental imports of butter for the last three weeks have been 70,000 cwt, 62,000 cwt and 55,. 000 cwt respectively. The deficiency of the Homo supply of butter in the United Kingdom may be deduced from th e . fact that for the four weeks ended Ist June the imports were 67,383 cwt in excess of last year, and -28,882 in exceed of the year before, and yet with the exa ception of Danish, prices are higher than last year., In fact, Danish butter is far and away the best value of any butter on the market to-day, and the mystery to everybody is why the Danes are selling at 5s to 10s per cwt below market value.” The demand for New Zealand cheese showed a decided im« provement, especially for coloured, which sold at 43s to- 445; white, 47s to 48s. From September Ist, 1900, to June 21st, 1901, the United Kingdom had imported 174,015 cwt of New Zealand butter, an increase of 12,000 cwt on the imports for the corresponding period of last year.

The Colonial Consignment and Distributing Company’s report on the London market at the 21st of June states that “imports of live cattle last week were heavy, United States send: ing 10,708 head, and Canada 2829, each week now adding to the increased imports over ' last year, States bullocks alone being 53,762 head in excess. Live sheep also came in large numbers, United States and Canada both showing much increased imports compared with last year. Chilled beef was again in excessive quantities, United States sending 72,882 cwt and Canada 1381 cwt, Germany and Holland also sending a little- Dutch mutton was not heavy, 3438 cwt only. United States pork, 5581 cwt, was again much increased coma pared with recent receipts. « English and Scotch mutton are slightly cheaper and not meeting a free sale. Dutch mutton makes about the same price as English, its size being in its favour. English lamb at times has been cheap, numbers of unfinished carcases from-the West of England making little money, down to 6d and 6jd per lb.” STOCK SALE. (By Telegraph.—Own Correspondent.) DANNEVTRKE, August 2. At towlay’a stock sale held by Mr Eos e a total clearance resulted. Quota-tions.—Three-year steers, £4 .15s; twoyear steers, £3 15s; fat cows, to £5 16s; two-year heifers in calf, £3 19s; . store cows, £3 10s to £4; small weaners, 28s; prime fat ewes, 13s Id; two and fourtooth store wethers. 13s; two-tooth ewes in lamb. 13s 6d : full-mouth ewes in lamb (backward), 11s 6d.