HOME MARKETS

New Zealand Times, Volume LIII, Issue 12354, 26 January 1926, Page 8

HOME MARKETS

LATEST QUOTATIONS HIGH COMMISSIONER’S REPORT. The Department of Agriculture has received tha following cablegram, dated the 23rd instant, from the High Commissioner Zealand, London:— Butter '-n Market steady and quiet. Official qubtatTons arc : New salted: January 23rd, 172 s to" 176 s per . cwt (Is 6sd to is 6&d per lbO.; January 16th, 174 s to 176 s pet cwt (Is 64d to 1* 6Jd). Unsalted: January 23rdr-176s to 178 s per cwt (Is 6?d to Is 7<D; January 16th, 178 s per cwt Os 7d) Other; qualities : January 23rd, 152? to 166 s per cwt Os sjd to Is ssd), Australian —Salted; January 23rd, 164 s to 166 s to ICBs per cwt (Is 54d to Is sfd, to Is 6d,.»er'lb): January 16th. 162 s n 166 g per-*ewtxis sjd to Is 5Jd). Unsalted: January ?3ro; 166 s to 170 s per cwt Os s*d to is cwt (Is sld to Is 64d). Other finalities salted: .January 23rd. 140 s to 160 s per cwt (Is Is sd). Other qualities unsalted: Jatwary 23rd, 150 s to 162 s per cwt (Is 4d to Is 5!&). Argentifift— Unsalted: January 23rd, 150 s to 160 s per cwt (Is 4d to Is 44d pm lb); Jafiuary 16th, 150 s to 156 s per cwt (Is 4d to Other qualities: January 23rd. 140 s to 148 s per rwt (Is 3d to Is 3ijd) Siberiam-rJanuarv 23rd, 140 s to 148 s per cwt (Is 3d to Is 33d per lbO; January 16th. 140 s to 148 s per cwt (Is 3d to Is 3sd). Danish^—January 23rd. 180 s per cwt 'ls 7id per lb); January IGth. 178 s to 180 s per cwt (Is 7d to Is 71d). Cheese—Market quiet. English finest farmers' unchanged. Canadian Coloured finest: January 23rd, 106 s to 108 s up to 110 s (Hid, IHd to U3d oer lb); January 16th, 106 s to 108 s up to 110 s (llld. lljd to Uld). White • January 23rd, 306 s to 110 s per cwt (llid to 1.13 d): January 16th, 106 s to 108 s per cwt 114 d to ll*d). New Zealand—Coloured: January 23rd, 104 s to 106 s per cwt (lid to 114 d per lb); January 16th, io4s per cwt (lid). While: January ?Brd, lOts to 102 s per cwt (tOJd); January 16th, 100 s to 102 s per cwt (lOJd). Shipments of New Zealand produce arrived this week per s-s. Devon and Port Hobart. Casein—French rennet, £55 to £7l; Danish, £54. Tallow—Very little demand at auction, but better business has been done later. Present quotations are unchanged with the exception of: Mutton, fine, 46s per cwt; beef, sweet and/or mixed, 42s to 44s per cwt. Homp—Manila easier. *'J' grade, January-March and February-April shipments sold down to £44 15s. Holders firmer at the close and February-April shipments sold at £45 ss. Sisal dull, January-March shipments, No. 1 Tanganyika value, £44 10s. New Zealand market is easier for highpoints. Sellers afloat and January-March shipments quote £4O; fair, steady: January-Alnrch sliipmenTs sold £37 ss; March-May shipments quoted £36 15s. . Wool—Competition at shies irregular. Withdrawals frequent, specially in merino. Crossbred, now par to 5 per cent, below last closing rates. Eggs—Trade quiet. /Present quotations are:—Danish. 26s to 27s per lons 100; Eaglish, Irish and Dutch, 19s to 23s per lx.tg 10 ft ; Belgian, French and Italian, 17s to 22s per long 100; Australian. 15s Gd to 16s 6d per long 100; Argentine and Russian, 13s Gd to 15s 6d oer ]ong 100; Moroccan, Chinese and Egyptian, 9s to 11r 6d per long 100. Wool sales opened yesterday .with larger attendancei Bidding hesitated for merino, hut good for crossbred. Compared with closing rates for last series good merino 5 per cent, and inferior (1 per cent, lower; crossbred, firm and unchanged. 159.000 bales available in series, of which 121,450 Australian and 53,250 New Zealand. MEAT PRODUCERS* BOARD The New Zealand Meat Producers* Board has received the following cablegram from its London office, dated January 22nd, 1926, advising SmithfieM delivered prices at that date as follow (prices for the two previous weeks are also shown in parentheses): N.Z. wethers and maidens: Canterbury quality, selected brands, 561 b and under, January 22nd. ner lb (January 15th, 7ld: January Bth. 71<1); do., 571 h to 641 b. 7Jd (71d; 7*d): 651 h to 721 b, 7d (7d, 7.ld\ Other brands. 561 b and under. 6|d (6Jd: Td'r do.. 571 b to 641 b (fPd (6ld, 7d); do., 651 b to 721 b, (6? cl; 7d>. N.Z. ewes: 641 b and under. s'l (sd, .vw. N.Z. lamb: Canterbury quality, 361 b

and under, Hid (llid; 10id). do., 371 b to 421 b, 9d (Dd, 81d): do., 431 b to 501 b, 8d (Bd, 74d; do., seconds, B|d (Bj|d, &Jd); selected brands, 361 b and under, lljd (llid, 10td); do., 371 b to 421 b, 82d (B|d; Sid); other brands, first quality, 421 b and under, not quoted (not quoted; 9d); do,, seconds, not quoted (not quoted; B£d). N.Z, beef: Ox fores 4a (4Jd; 4}d)* ox rinds, 3id) ; cow hinds, 3ld (3*d; 3£d). Argentine chilled beef: Ox fores, 81d (4]d; 3*d); ox hinds, 6d (6d; sfd). JOSEPH NATHAN AND CO. Messrs Joseph Nathan and Co., Ltd* have received the following cablegram 1 from their London house, dated January 22nd, 19C6: —“New Zealand butter, 172 s to 174 s per cwt; white cheese, 100 s, coloured cheese 104 s per cwt; both markets quiet." DALGETY AND CO. Messrs Dalgety and Co., Ltd., report having received the following cablegram from their London house, under date vf the 22nd instant: Lamb.—New Zealand prime crossbred lamb, Canterbury, heavy Bd. light 13d; North Island, heavy 7id, light lid. Moderate demand for New Zealand lamK Market firm.. Stored lamb off colour, id to 4d less. Mutton.—New Zealand prime crossbred mutton. Canterbury, heavy 7d,. light 7?d.; North Island, heavy 6|d, light 7Jd. Fair demand for New Zealand mutton. Market steady. Beef.—New Zealand prime ox beef, hinds 4-J-d, fores 4 id. Limited demand for New Zealand l beef Market nominal. Pork.—Fair demand. Spot, lOd to lid. Australian Frozen Meat.—Quotations G.A.Q. crossbred lamb, Australian, heavy Bd. light 94; G.A Q. mutton, heavy sd, light sd. Demand for Australian "lamb poor. Mutton fair. LEVIN AND CO. Messrs Levin an! Co.. Ltd, have reived the following cable from London, dated January 22nd, 1926: — The market is depressed, the demand being very poor, with a weakening tendency all round. General prospects ate unfavourable LONDON WOOL SALES The auctions continue fairly animated. The following prices are current: —Merino, super 24id per lb (average, 21d to 23d per lb); fine halfbreds, super, 56-o S's, 2Gd to 22d per lb (average 18d to 19d); medium halfbreds, super, 50-56*6, 18d to 19d (average 17d to*18d.); coarse halfbreds) super, 4S-50 , 5,17 d to 18d (average, 16id per ib); fine crossbreds, super, 4648’s, 17d (average, Isd to 36d>; medium crossbreds, super, 41-46’s, 15d to 16d (average, 14d to 35d); coarse crossbreds, super. 40-44’s, lojd per lb (average, 13d to I4jd); low crossbreds, super, 36-40’s, 14tl to 15d (.average, 12RI to 13 Rh; pieces. Hid to 121 d; bellies, lid to 12$d; locks, BJd per lb. Competition for best merinos is irregular, whilst others are selling in buyers' favour. Crossbreds firm at opening rates. The mniket for slipe halfbred lambs is weak, and competition for other slipes is steady. BANK OF NEW ZEALAND The Bank of New Zealand (product department) has received the following advice from its London office, under date 22nd instant: Butter: Quiet, steady; 172 s to 174 s pep cwt. Cheese: Quiet; white, 100 s to 102 s per cwt; coloured, 104 s to 106 s. Frozen meat: Prospects are more favourable for wethers. The market for ewes is dull, with downward tendency. There is a fair demand for lamb. The market for beef is depressed, owing to heavy arrivals. Wethers, light o£u to 7d, heavy €d to Cid; ewes. 4fd to 5-Jd; lambs, 2's lOd to lid, B’s Bid to BJd, 4‘a “Jd to Bd, 2's (new soason**, HJd to 12d, seconds Sd to 9d, Au-*4»ulian 8d to 9ld, Argentine B<l to 9d. Cow hinds 3Jd to 4id, cow fores 3d to 31d.