COMMERCIAL.

Stratford Evening Post, Volume XXXIV, Issue 53, 26 October 1912, Page 7

COMMERCIAL.

Mr Newton King’s weekly butter and cheese report from Messrs 11. and W. Davidson, Ltd., of London and Glasgow, under date 19-10-12: MARKET RETORT. There is a decided improvement in the market; this more particularly applies to choicest quality, which is none too plentiful. The weather is autumnlike—cold and frosty at nights, with dear skies and sunshine throughout the day. Telegraphic advices yesterday from Copenhagen state that the market there has an improving tendency. At time of printing Copenhagen has not been officially declared, but an actual advance or Is has already been paid. Danish and Swedish. —Arrivals this week show a decrease of 773 casks. There is a slightly better feeling in the market, and stocks are well cleared at about Is more money than last week—choicest quality 129 s to 130 s. Siberian.—Arivals this week are about 15,000 casks. The quality shows considerable improvement compared with what was coming forward previously. Strictly fresh landed choicest goods command a ready sale at full prices, but secondary quality is still difficult to move at low and irregular prices. We quote fancy quality 100 s to 108 s, up to 110 s; good to line 98s, up to 101 s, with inferior at 90s to 90s. Trices wired from Siberia indicate very little change in the market there.

French.—The demand continues fairly steady, without any official change in prices, which remain—extra mild 118 s to T22s, Paris baskets Ills to 121 s, finest ills to 116 s, good to fine 108 s to 112 s, inferior 90s to 10-!s. Irish Creamery.—The make in Ireland is now gradually falling off. The demand this week for choicest quality has been active, and, owing to scarcity, prices have advanced about 2s per cwt. For strictly choicest salted 120 s to 121 s is now being asked, with choicest unsalted at 1225. There is still a fair quantity of secondary goods coming forward; the demand for such is very slow—prices 102 s up to 108 s. Colonial Butters.—Australian; There has been a small arrival this week of 505 boxes per s.s. Shropsliire, while the Otranto is also due with 304. The bulk of the arrivals are second and third grades, and for this quality the demand at present is very slow. Any choicest available sells freely—salted at 112 s to 114 s, with -unsalted 114 s to 116 s, up to exceptionally 118 s. Lower grades may be quoted at prices ranging from 90s to 104 s, according to quality. Small quantities of new seasons arc now on the way, and these should arrive- to a good market. Shipment® from now' onward will steadily increase. Cablc ; advices indicate that conditions in the colonies are favourable to a large make. We hear of some short sellers offering OctoberMarch shipment, choicest Vifctqrian- or uYOw South Wales butters at" 117 s to 120 s, c.i.f., but do not think any great amount of business has been done at these figures. New Zealand.-—There was a small arrival at the end of last week of cold stored butters;-these are being offered at 120 s to 1245.

Matthews, Bennett and Co.’s Report. Matthews, Bennett and Co. reports that there was a good yarding of cattle in their Inglewood yards on Wednesday last, prices were good, and nearly every lot changed hands. Springing heifers £6 to £lO, cows £5 7s 6d to £7 17® Cd, store cows £3 10s to £4 6s, fat cows £7 17s 6d, hulls £3 10s to £8 10s,' steers £2 18s to £3 15s, forward dry ewes 13s 3d, yearling heifers £3 5s to £3 7s 6d. The New- Zealand Loan and Mercantile Agency, Company, Ltd., have received the following cablegram from their London house under date 23rd inst.;— Tallow.—We quote present spot values for the following descriptions ; Good mutton 39s 3d per cwt., good hoof 365, mixed 32s 6d. The market is quiet. Wheat.—Wo have sold an Australian parcel at 39s 3d, c.i.f. The market is firm, but inactive and the outlook is uncertain. Oats.—AVe quote Cartons 255, Sparrowbills 245. The demand is restricted.