THE HOME MARKETS

New Zealand Times, Volume LII, Issue 12195, 21 July 1925, Page 6

THE HOME MARKETS

OFFICIAL QUOTATIONS CABLE FROM HIGH COMMISSIONER BUTTER AND CHEESE MARKETS FIRM The 'Department of Agriculture has re-, ceived the following cablegram,; dated July 18th, from the High Commissioner I for New Zealand, London: BUTTER. Demand has improved during this week, and the’market is very firm. now. Official quotations are : New Zealand, finest salted, July 18th, 188 s to 192s_per cwt (Is 8d to Is Bsd per lb); July Utli, 186 s to 190 s per cwt (Is 7£d to Is 83d); July 188 s to 190 s per .cwt (Is 8d to Is 83d). Unsalted, July 18th, 194 s to 196 s per cwt;' (Is B|d to Is 8Jd); July 11th, 1923 to 196 s per cwt (Is 84d to Is 83d); July 4th, 194 s to 196 s per cwt (Is 83d to Is Bsd). Other qualities, July 18th, 1848 to 186 s per cwt (is 7id to Is 73d). Australian, salted, July 18th, 184 e to 188 s per cwt (Is 7Jd to Is 8d); July 11th, 180 s to 186 s per cwt (Is 73<i to Is 7fd); July 4th, 182 s to 186 s per cwt (Is 73d to Is 73d). Other qualities, July 18th, 172 s to 182 s per cwt (Is 63d to Is 7|d). Unsalted, July 18th, 188 s to 190 s per cwt (Is 8d to Is July 11th, 184 s to 182 s per cwt (Is 7Jd to Is 83d); July 4th, 186 s to 190 s per cwt (Is 7sd to Is Bjd). Other qualities, July 18th, 174 s to 184 s per cwt (Is 6jd to is 73d). Argentine. Jury 18th, 182 s to 186 s cwt (Is 73d to'ls 7fd); July 11th. 380 s to 186 s per cwt (Is 7Jd to Is 7|d); July 4th, 180 s to 186 s per cwt (Is 73« to Is 73d). Other qualities, July 18th, 174 s to 18Cs per cwt (Is 63d to Is 73d). Irish, salted, July 18th, 188 s to 190 a per cwt (Is 8d to Is 81d); July 11th, 186 s to 188 s per cwt (Is 7Jd to Is 8d); July 4th, 190 s per cwt (Is Bid). Unsalted, July 18th, 192 s to 194 s per cwt (Is 83d). Siberian, July 18th, 168 s to 174 s per cwt. (Is 6d to is 63d) f July 11th. 368 s to 372 s per cwt (Is 6d to Is 63d); July 4th, 170 s to 178 s per cwt (Is 6|d to Is 7a). Danish, .July 18th, 194 s per cwt (Is 83d); July 11th. 190 s to 192 s per cwt (Is 83d to Is 83d); July 4th, 198 s to 200 s per cwt (Is 9d to Is 93d). ' CHEESE.. Market firm and advancing, and demand is good. Official quotations are:— English finest farmers—July 18th, 116 s to i2os cwt (Is 03d to Is Id per lb); Julv Uth. 116 s to 120 s per cwt (Is Oid to Is Id)* Julv 4th, 110 s to 114 s per cwt (113 d to Is (Hd). » Canadian (coloured and white)—July 18th, 106 to 103 s per cwt (113 d to 113 d per lb); July ilth, 104 s to 106 s per cwt (lid to 11.3 d)"; Julv 4th,--104s to 106 s (lid to llid). New Zealand Coloured: July 18th, 108 s „to 109 s un to 110* per cwt (il.3d to it3d per'lb): July 11th, 105 s to 107 s per cwt (lid to illd): July 4th, 105 s to 1 08 s Tier cwt (lid to Hid): white: July *Bth. 108 s to 110 s pe** cwt (Hid to 113 d); Julv 11th, 106 s to 108 s per cwt (lid to 11|dl); Julv 4th, 106 s to 108 s per cwt (lid to Hid). Shipments of New Zealand produce arrived this week per s.s. Karamea and Karanga. HEMP. Manila market opened firm. r M” grade minted at P 49 sellers, but weaker tendency developed during this.week, cud closing quotations were Aug-ust-TVtober shipments ,£47 10s and value. Output of Manila from January Ist to Julv 9th was 599.0*0 haVs against 819,000 bales for same period le*t vear. Stocks in Manila on Julv 9th. 178.0°0 bales, against 148 000 h*»lps: in Great Britain 28.000, aga ; n«t 5000 last year. New Zpalnnd m*rVet closed miiat after firm opening. Sales reported Highooint at ,£4O and fair at ,£37. SplW« uaw offering Highpoints A‘4o and fair ,£35 10s. WOOL. Somewhat better competition at sales from H°nie buyers particularly for crossbreds. PrVe* for inferior crossbred tend to be slightly easier, others unchanged. APPLES. Market bad for all descriptions. Sturmer and Doherty. 14« In I6s: others. 10-* to 12s. Of the ArgvlUhire and Athenic shipments the hard sorts are in good condition, but soft early aorta bad. Vn-

loading Raranga consignment, condition of which is reported same as above. TALLOW. r = Spot market firm, and fair business has been done in afloat parcels. Active demand at auction. Present quotations are:— Mutton—Fine, 48s 6d to 49s per cwt; fair to good, 46s to 48s; dark to dull, 43s 6d to 48s 6d: fair to good, 44s 6d to 47a to 445. Beef —Sweet and/or mixed, 47s 6d: dark to dull, 41s 6d to 42s 6d. Mixed —Fair, bo good, 4te 6d to 475; dark dull, 41s €d to 42a 6d. Gut, etc., 38s to 42s 6d. EGGS. Market for new laid eggs slow,*, and cheaper kinds in short supply. Demand is good. Present quotations are:—English, Danish. Dutch, 15s 6d to 17s per long KMX; Irish and Belgium, 13s 6d to ,15s; French. Italian, Russian, Lithuanian, 11s to 14s 6d; Chinese, 10s to 12s Cd. ! LONDON PRODUCE MARKETS BANK OF NEW ZEALAND'S CABLE. The Bank of New Zealand, produce department, has received the following advice from its London office, under date Uth inst. Butter—Firm: 190 s to 192 s per cwt. Cheese—Firm: 103 s to UOs per cwt. Frozen meat—The market for wethers is quiet, but firm. The demand for ewes is poor. Lambs are steady. Beef is slow owing to hot weather. Wethers, light 6#d to B£d per lb. heavy 6sd to 6sd: e*rcs, 4jd to 6£d; lambs, under 42*8, 10Jd to 12d: over 43's, 9id to lOJd; seconds, llld to lljd; ox. hinds 4|d to SW, fores 2)d to 3d; cow, hinds 4d to 4|d, fores 21 d to 2Jd. BUTTER AND CHEESE FIRM Joseph Nathan and Co., Ltd., have received the following cable ftnm their London house, dated July 17th, 1925:—New Zealand butter, 1925; New Zealand ehee«e, 110 s to 112 s. Both markets steady and. firm. S. George Nathan and Co., Customhouse quay,* Wellington. Chief C ; ty Agents.for Phoenix Assurance Co., Ltd. 235, Lambton quay.—Advt.