COMMERCIAL.

Otago Daily Times, Issue 19066, 11 January 1924, Page 6

COMMERCIAL.

NEW ZEALAND EGGS IN LONDON. UNLIMITED MARKET FOR QUALITY. Writing from London, Mr J■ B. Merrett, who took th© shipment of eggs in the Conntbic, has some interesting things to Bay on the prospect of New Zealand eggs_ on the Lcndon market. He states that the temperature of the chilling chamber, in which the eggs were carried did not vary more than two degrees during the six weeks pas ease to London. While unloading he waa present at the Albert Docks, and succeeded in landing th© eggs in London stores with only two eggs broken out of th© 547,680 taken in the shipment. Th© results surprised the London buyers as on two previous shipments no less than 40 per cent, in on© and 27 per cent, in the other were broken in transit. Tbe result of the splendid order in which the eggs arrived is attributed to the personal supervision given the shipment. On arrival at London the eggs were transferred to barges and towed 8 miles up the Thames to Hay’s wharves, where they were placed in store. The quality of the eggs was excellent, and a revelation to London buyers. An examination of the stocks arrived in London for the week showed that th© quality of the eergs from the different countries was very poor. Most of the eggs showed stateness, and had evidently been kept for several weeks. The New Zealand shipment arrived when the egg market was well supplied, ani the demand, owing to high retail prices, was very poor. One 'large buyer declared the Now Zealand eggs to be the best on the market with th© exception of English new laid?. Mr Merrett succeeded in making sates from 2s 2d to 2s 5d per dozen, and hopes to do better with the second shipment, which left in the Rotorua. He has also cabled for :a third shipment vo airive in January. He states that there is an unlimited demand in London, but a gmat deal of preliminary work has to be doffe to rntroduce New Zealand eggs, and he hopes in a tew months to make arrangements to place all the surplus eggs New Zealand ©an supply. As far as auality is concerned, the shipment under his care is declared by London buyers to be the best of anv shipment sent from Australasia. Mr Merrett states that prices can be improved with greater care of grading. Egg shells must be cleaner and the grade kept uniform. The temperature at which the egg's were carried was lower than any previous shipment that had been sent either from New Zealand or Australia, and to this he attributes the superior quality of the eggs. One buyer who selected 200 dozen for trial repeated his order by taking 6000 dozen. Mr Mcrrett’s investigations into the egg pulp market were net sufficiently advanced at the time of writing to give a report. The pulp he took arrived in splendid condition, and the tests showed it to be of the highest quality. LONDON WOOL SALES. Messrs Dalgety and Co. report having received the following cablegram from their read office, dated London, January 8: The next public wool sales will take place on January 22. The list of arrivals closed on January 7. The following quantities are available. —Australian, 53,000; New Zealand, 18,(100; Cape, 3800; Punta Arenas, 1700; Bawra, 55,000; carried forward, 14,000; total, 150,500 bales wool. NAPIER WOOL SALE. (Pee United Bhess Association.) NAPIER, January 10. The second wool sate of tbe season in Napier was concluded to-day, when practically the whole catalogue of 32,600 bates was sold under the hammer at prices ranging from IJd to 3Jd higher than at the December sale. The following is the rang© of prices, the December rates being given in parentheses;— Merino. —Average, 254 d to 26Jd (nil). Southdown. —23Jd to 26d (21d to 24(d). Fine Halfbrcd. —Average, 19Jd (nil). Medium Half bred.—Super, to 27d (23d to 25id); average, to 23d (20id to 22Jd); coarser halfbred super, 19d to 22(d (19d to 20(d); average, 16?.d to ISld (16(d to 182 d); inferior, 14id to 16d (lid to 151 d). Fine Crossbred. —Super, 19d to 21 Id (19td to 29(d); average, 17d to 18(d (151 dto 18|d); inferior, 14d to 16Jd (13d to 14(d); medium crossbred super, 17d to 19Id (15pf to 17d); average, laid to 16Id; inferior, 12Jd to 14d (101 d to 12id).; coarse crossbred super, 15Jd to 16Id (13(d to 14|d); average, 13)cl to 14Jd (lOid to 12(d); inferior, 11 Jd to 13(d (Did to 10(d): low crossbred super, I3Jd to 14(d (lOd to 111); average, 12Jd to 13(d (9d to lOd); interior', 11 (d to 121 d (8-id to 9(d). Hoggets.—Extra fine, ISJd to 21(d (20}d): fine, 17d to 2Uld (14Jd to 18d); medium, 13(d to 18(d (12?.d to 17d); coarse, 13d to 17d (lOd to 13d). Lambs.—Fine, 15(d to 23(cl (lojd to 17(d); medium, 12id to 19-ld (up to 13Jd); seedy ond inferior, ICi'l to 14Jd (nil). Bellies and Pieces—Halfbred, good to super lip to ©Sid (up to 22d); balfbred, low to‘ medium. 18(d (nil): crossbred, good to super, lad to 201 d (14(d to 17cl); crossbred, low to medium. ll?cl to Hid (7d to lOd). Crutebings.—Medium to good, fij-a to lid (7d to lOd); inferior and seedy, Ckl to 7d (5d Locks.— Crossbred, 7d to SJd (4Sd to 6Jd). SYDNEY - WOOL SALES. Praas Association—Bv Telegraph—Copyngol SYDNEY', January 11. A record price of '3B(d was obtained for bellies at the wool sales AUSTRALIAN MARKETS. Press Association —P>v Telegraph-Copyright SYDNEY, January 10. (Received Jan. 10. at 10.55 p:m.) Oats.—Tasmanian white, 5s Maize.—South African, 5s 3d. Potatoes. —Tasmanian, £l2 to £ls 10s; Victorian, £l3. . Onions. —Victorian, £E. ADELAIDE, January 10. Oats.— Algerian feed, 3s to 3s Id. LONDON TALLOW SALES. Preaa A«*oci».tior’- l -Bv Telegraph—Copyright LONDON, January 9. (Received Jan. 10, at 8 p.m.) At the tallow sales 1420 casks were offered and all were sold, there being a brink demand Prices shewed an advance of Is, except for the finest sorts. Mutton realised 49s to 45s and beef 47s to 45s 3d. —A. ana N.Z. Cable. _ LONDON SHARE MARKET, , J r©6» Association— By Telegraph—Copyrigh LONDON, January 9. Waihi shares ar© quoted at 27s Gd (buyer) and 28s 3d (seller).—A. and N.Z. Cable.