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NEW ZEALAND PRODUCE.

TRADE WITH BRISTOL. LONDON, July 23. A company lias been formed to promote tlie distribution of New Zealand produce in Bristol. Mr Risely, a merchant, will visit Australia in October to promote the development cf trade with that city. DOCK FACILITIES IN LONDON. LONDON, July 25. On the Port of London Authority’s invitation the Hon. Thomas Mackenzie, the Australian Agents-gencral, and others interested in colonial trade inspected the London, Tilbury, Albert, and Victoria docks, including the work of discharging hoof and mutton, also the site of the new meat sheds at Victoria Dock and the extensions of the Tilbury and Albert docks. COMMKSCI 41. CABLEGRAMS LONDON. July 22. The wheat market is steadv, and prices are unchanged. The demand is inactive. July 23. The American visible supply of wheat is 45,251,000 bushel?. At the tallow sales 19S8 casks were offered, and sold at part to 6d advance. July 24. Tallow. -Mutton: Fine 37s 6ci, medium 54s 6d. July 25. The Bank of England returns show the stock of gold coin and bullion to be £37,169,000; reserve, £27,717,000; proportion of reserve to liabilities, 53.69 per cent. The notes in circulation total £29,460,000; public deposits, £11,544,000; other deposits, £40,051,000; Government securities, £12,757,000; other securities, £29,182.000. The bank rate of discount is per cent. Short loans are discounted at 3 per cent., and three months’, bills as follows: London, 4 per cent. ; Paris, 3| per cent. ; Berlin, 4|- per cent. Consols are cjuoted at £73. The following are the quotations for colonial Government stocks, compared with

1 Hopuy:iiile ia2o-1949. '('lie wheat market is firm. Australian cargoes arc* unchanged. One has been sold at 375. Australian spot is quiet at 39s 3d. 'Die flour market is quiet, but firm. Australian, on passage, 275. The oats market is firm. La Plata July-August shipment 16s 3d. Beano and peas arc steady, and prices are unchanged. The butter market is quiet, and pi ices are nominally unchanged. Supplies cf choicest are exhausted. Secondaries are very dull. The cheese market is firm. New Zealand coloured 655; white, 66s to 66s 6d. The bacon market is firm. Australian sides, 70s to 745; Hitches, 66s to 68«. In the Bradford wool market there is a little more inquiry. Sixty-fours, 1C Id ; super, 29d; common sixties, 28d to 28£d; fifty-sixes, 22£d ; fifties, 20 J d; fortysixes, July 26. The copra market is strong owing to small offerings. South Sea, in bags, £3O 5« to £3O 15s. Jute, August shipment, £29. The hemp market is quiet. High point fair. July-Septernber shipment, £26 10s. Cotton, July-August shipment, 6.32£d. Aluminium, 86s to 88s. Quicksilver, £7 ss. Antimony, £7 5s to £7 10s. July 27. Rubber, 3s Bd. Wheat: Very quiet, and tendency :n buyers’ favour, with the fine weather and weaker American advances. The total I quantity of wheat and flour afloat for the

United Kingdom is 2.805,000 quarters, and for the Continent 1,640,000 quarters. Th« Atlantia shipments are 457,000 and tha Pacific nil. Totals: Europe, 985,000 quarters ; Australasia, 42,000 quarters. THE FROZEN MEAT MARKET. LONDON, July 27. The following are the latest quotations for all classes of meat. In the case of those

LONDON SHEEPSKIN MARKET. LONDON. July 25. At the sheepskin stiles 6890 bundles wore offered and tvvo-chirds of them were sold. There was a fair attendance, but competi-

t ion dragged Merinos showed a dschne of‘id per lb as comoared with the Juno ju i*- - . . tales, crossbred combings „d, clothmg sorts id to lambs id, and pe.t* id to £d.

tho.se ruling a week previously ; — July IS. New South Wales 4’s 101 July 2.7. 101 New South Wales .Si’s... vi 97J Now South Wales Hi’s... *80 *89 New South Wales 3’s ... S3 82 Victorian l's !»:'i 90 Victorian 34’s 00 00 Victorian 3Vs 105 t95 Victorian 3’s 77 77 Queensland 4’s 100 100 Quoins land 3Vs Queensland .Vs 92] 03 77 77 South Australian 3J’s ... 80 80 South Australian 3’s ... 73 73 New Zealand 4’s 100 100 New Zealand ;k) 00 New Zealand Vs 77 77 Tasmanian .*1 Vs 83 83 Tasmanian Vs 81 HI West Australian Hi’s 88 83 West A ust nil in rt Vs 80 30 * Repayable 1030-1970.

not quoted the. price is uncha nged July 19. July 28. d. d. Canterbury mutton, light — 4 5-18 Canterbury mutton, medium ... — 4» 4 5-18 Canterbury mutton, heavy ... — 4 4 1-18 Southland mutton —• — — N.I. mutton, best brands, 58-641b — — N.I. mutton, ordinary, 56-G41b 4 3-18 — N.Z. ewes _ ' _ ••• 3J — Australian mutton, light ... — — — Australian mutton, heavy — — Australian ewea 3 IMS 3| Hirer Plate mutton, light, 40-551b — 4 1-18 River Plate mutton, heavy, 56-721b — — River Plate ewes _ 3 11-16 — Canterbury lamb, light ... _. ... 5 11-18 31 Canterbury lamb, medium „. H 6 .3-18 Canterbury lamb, heavy 4 4 13-18 North Island Iamb, selected 5 5-18 — North Island lamb, ordinary oi — Southland lamb, selected oi 51 Southland lamb, ordinary — 5 5-15 Australian lamb, best oranda — — Australian lamb, fair quality .M — — Australian lamb, inferior ... — — River Plate lamb, first quality — River Plato iamb, second Quality — — New Zealand beef, fores ... — — New Zealand beef, hinds ... — — Australian beef, fores ... H — Australian beef, hinds ... i — B. Plate beef, ohlilod fores •'i — R. Plate beef, chilled hinds ... 5 R. Plate beef, frozen fore* .„ tT> 3 B. Plate beef, frozen hinds _ — . —

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/OW19130730.2.59.26

Bibliographic details

Otago Witness, Issue 3098, 30 July 1913, Page 21

Word Count
868

NEW ZEALAND PRODUCE. Otago Witness, Issue 3098, 30 July 1913, Page 21

NEW ZEALAND PRODUCE. Otago Witness, Issue 3098, 30 July 1913, Page 21

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