COMMERCIAL.

Sun (Christchurch), Volume VII, Issue 2018, 3 August 1920, Page 7

COMMERCIAL.

HIGH COMMISSIONER'S CABLEGRAM, j Frttl Association. WELLINGTON, August 2. The High Commissioner cobles, undeH date London, July 31: —■ Meat—The market is unchanged, prices) being the same ns last quotations. Butter—Government butter is unchanged) at 113 C/- per cwt -wholesale and 2/8 per lb retail. Hut it is reported that from Sep-» tcmber 1 the price will be raised by' 4d per lb. The average price of English butter is £l7 19/- per cwf. Small supplies «r§ coining forward. Irish is also scarce, anq is worth about £lB 10/- per cwt. Cheese—There is a slow demand for English at £8 12/- to £9 2/- per cwt. The price of Canadian is Irregular. Quotations, c.i.f.i lowest, nt £7 10/- to £7 12/-, and spot £7 14/- to £7 18/- per cwt. Hemp—The Manila market is quiet ami easier. Sellers' present quotations for "J'' grade are:—April-June and May-July shipment £M3 per ton, June-August shipment l'O.'l 10/-, July-Septembcr-August-Octobe* shipment £O4. The New Zealand market i» quiet, and prices are unchanged. Sellers) quote: High points spot £55, Mov-July ship* merit £54, fair £53, May-July shipment £sl. Honey—The market is quiet, and prices are, unchanged.

CANTERBURY (N.Z.) AVIATION CO., LTD,

• The annual meeting of the Canterbury (N.Z.) Aviation Co., Ltd., was held yestcr<| day, the Hon. H. K. Wlgrani presiding. . It was stated in the annual report thn| it had been expected that tin agreement would have been made with the Defends Department whereby the company would train pilots for the department and glvfl "refresher courses" to the numerous flying men who have returned from the War. Thij anticipation had not yet been fulfilled, biif the Government had set up an air hoard, and the company might soon be called upon] both for training work and experimental mall carrying. The services of Captain Euail Dickson, D.S.C., D.F.C., Croix de Guerre, laU? Royal Air Force, had been secured. Cnp4 tain Dickson had personally selected foup Avro machines. Until the arrival of Cnpi| tain Dickson and the Avros there was littln revenue coming in. Since then there hadf been enough coming In from pnsscnge* flights and exhibitions to help pay current expenses, but shareholders would realise; that the transition from War work to com* mercial aviation was not easy.

The report was adopted. The retiring directors, Messrs R.'Allen, A| W. Heaven, and H. Bell were re-elected.