THE HOME MARKETS

New Zealand Times, Volume LII, Issue 12201, 28 July 1925, Page 8

THE HOME MARKETS

OFFICIAL RANGE OF PRICES HIGH COMMISSIONER’S SPECIAL CABLE BUTTER FIRM, CHEESE STEADY. The Department of Agriculture has received the following cablegram, dated the 25th instant, from the High Commissioner for New Zealand, London: — BUTTER. Fair business has _ been done during this week at the rising prices. Market firm at the - close. Official quotations are:— ■ Now Zealand —Finest salted: July 25th, 194 s to 196 s per cwt (le BJd to Is BJd per lb); July ISth, 188 s to 192 s per cwt (Is 8d to Is 81d) ; July 11th, 186 sto 190 s per cwt (Is 73d to is 81d). Unsalted: July 25th, 196 s to 200 s per owt (Is BJd to la Sid); July 18th, 194 s to 196 s per cwt (Is fiid to Is BJd>; July 11th, 192 sto ltifis per cwt (Is Sid to Is B}d. Other qualities: July 25(h, 186 s to 190 s per cwt (Is 7Jd to Is Sid). Australian —Salted: July 25th, 188 e to 190 s per cwt (Is 8d to Is 81d per lb); July 18th, 184 s to 188 s per cwt (Is “id to Is sd); July 11th, 180 s to 186 s per cwt (Is 7(d to Is 73d). Other qualities: July 25th, 168 s to 186 s per cwt (Is 6d to Is 7|rt). Uncalled: July 25th, 190 sto 194 s per cwt (Is 8!d to Is 8jd); July 18th, 188 sto 390 s per cwt (le 8d to Is 8id); July 11th, 184 s to 192 s per owt (Is 7id to is 81<1). Other qualities: July 25th, 170 s to 186 s per cwt (Is 61d to Is 73d). Argentine—July 25th, 180 s to 184 s Up to lfße per cwt (Is 7ld to Is 7}d to Is 8d per lb); July 18th, 182 s to 186 s per cwt (Is 7Jd to 3s 73d): July 11th, 180 s to 186 s per cwt (Is 7jd to Is 7Jd). Other qualities: July 25th, 176 s to 178 s per owt (Is 63d to Is 7d). s Irish—Salted: July 25th, 196 s per cwt (Is 83d per lb); July 18th, 188 s to IMe per cwt (Is 8d to Is 8id); July 11th, 186 s to 188 s per cwt (is 73d to Is 8d). Unsalted : July 25th, 2008 Tier cwt (Is 91d); July 18th, 1921 s to 194 s per cwt (Is BJd). Siberian—July 25th, 172 s to 178 s per owt (Is 6Jd to is 7d per . lb), exceptional 180 s per owt (Is 7(d); July 18th, 168 -to 174 s per cwt (Is 6d to Is 6Jd); July 11th, 168 s to 172 s per cwt (Is 6d to Is 6Jd). Danish—July 25th, 198 s to 200 s per cwt (Is Bfd to Is 9d per lb); July 18th, 191 s per cwt (Is 8id): July 11th, 190 s to 192 s per cwt (Is Bid to Is BJd). CHEESE Market quieter and steady. Official quotations are:— • English, finest farmers’, fiTst on short makes: July 25th, 126 s to 130 s per cwt. (Is IJd to Is 2d); July 18th, 116 s to 120 s per cwt (Is Oid to Is Id); July 11th, 116 s to 120 s per cwt (Is <ttd to Is Id).Canadian, coloured and white, July 25th, 108 s to 110 s per cwt (llid to 113d);' July 18th, 106 s to 108 s per cwt (Ilia to Ilia); July 11th, 104 s to 106 s per owt (lid to llid.) New Zealand, colonred, Jnly 25th, 108 s to 110 s per owt (Hid to U3d); July 18th, 108 s to 110 s per cwt (Hid to 113 d); Jnly 11th, 105 s to 107 s per cwt (lid to Hid). White, July 25th, 109 s to 110 s per cwt (llid to.llid); Jnly 18th, 108 s to 110 s per cwt (llid to 113 d); July 11th, 106 s to 108 s per cwt (lid to llid). - Shipments of New Zealand produce arrived this week , per s.s. Port Campbell and Corinthic. HEMP. Manila market opened dull and quotations declined to £45 "and value for “J” grade August-October shipments. Somewhat steadier at close, and “J" grade August-October shipments qnbted at £45 10s. New Zealand market quiet. Secondhand sellers offered July-September shipments, highpoints, at £4O; fair at £36 10s; but no business reported at these prices. Market easier at the close. TALLOW. Market quiet and* demand is only moderate at auction. No. change in prices except for mutton, dark to dull, 42s 6d to 43s 6d per cwt; beef, fair to‘good, 44s 6d to 47s per cwt; mixed, fair to good, 44s to 47s per cwt; gut, etc., SBs to 42s per cwt. APPLES. Market somewhat improved and prices about same as last quotations. Condition of Raranga shipments as further examined same as indicated last week. WOOL. Sales closed . Thursday. Continental demand maintained, througtout Fine merino closed firm, 5 per cent, above May rates, but other descriptions have barely maintained their position, closing par to 5 per cent, below last series. Faulty sorts show full extent of drop. Average closing rates:—6o's to 64's (merino). Is 8d to 2s Id per lb; 56's, super half bred, Is 7d to Is 9d per lb; 48’s, fine crossbred, Is 3d to Is 6d per lb; 44’s to 46’s, medium crossbred. Is 2d to Is 4d per lb; 36’e to 40’s, coarse crossbred, Is Id to Is 2Jd per lb. 142,000 bales offered, of which it is estimated that 112,000 were sold.