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Taranaki Daily News, 17 January 1923, Page 5

COMMERCIAL

FOREIGN EXCHANGES. By Telegraph.—Press Assn.— Copyright, Received Jan. 16, 8.50 p.m. London, Jan. <5. I Following are the current exchange rateSd the last quotation (lan. 11) and per being given for comparison:—

BRADFORD WOOL MARKET Received Jan. 16, \.50 p:m; London. Jan. IS. In the Bradford wool market businesa ia limited, but the market is firm and r-rieas.ard iiardeninj nil round. SYDNEY WOOL SALES. Sydney, Jan. Iff. The wool sales have been resumed. Therff was a keen demand, and prices were flrm ai. full rates ruling at the close of the previous ’ sale. BUTTER AND CHEESE. The New Zealand Loan and Mercantild' Agency Co., Ltd., have received the foUSw*- 1 Ing cablegram from their London house undel date January 12:—New Zealand butter: Salted. 192 s to 194 s per cwt.; unsalted, l»4s to 198 a per cwt. Cheese: 130 s to 134 s per dVt. Mar* kete firm. EXPORT OF LAMB. THE KIDNEY CONTROVERSY. The New Zealand Meat Producers’ Board has forwarded the following reply to the latest cablegram received from the secretary, British Incorporated Society of Meat Importers, London. on the subject of tlie retention of kldnpya in lambs: "Replying V> your telegram of tth January, the lioard has exercised Rs statutory; powers, after most careful and anxious conald* eratlon, and cannot withdraw its deteHMM* tion.” LONDON MARKETS. HIGH COMMISSIONER’S CABIED HECORfi The Department of Agriculture lias received! the following cablegram, dated January 13, from the High Commissioner for New Zealand* London : •* Meat. Pending the arrival of new season's meat. New Zealand mutton and lamb cannot be quoted. Beef a little better. New Zealand ox hind® slow. New Zealand Mutton.—Wether: January 13 f not quoted; January 6. 9%d; December not quoted. Ewes: January 13, not quoted.; January 6. 6%d to 7>Ad; December 29, to 7d. * Nev Zealand Lamb.—Best quality, weight: January 18, not quoted; January _ Is (Hfid; December 29, not quoted., NeW Zealand Beef .—Fores: JanuaW 18, January 6,4 d ; December 29, 4d. Hinds: JaiWfc ary 13, 4%d; January «, 4>-id; December 4%d. Chilled Beef.—Fores: January 13, sfcd; Ja®. 6d, sd; December 29, 4%d. Hinds: JanUKfl 13, 7%d; January 6, December 6 5-Bd. Butter. Market easier, with only fair demand. OflU cial quotations are: New Zealand.—Salted: January 13, 140*. 1945, up to 196 s per cwt. (Is B%d to In Slid, to Is 9d per lb) ; January 6,194 s to 1M» PW cwt. (Is *B%d to Is 9d per lb) ; December -28, 184 s to 190 s per cwt. (Is 7%d to Is BJw D* lb). Unsalted: January 13, 194 s tb 198» pet cwt. (Is B%d to Is 9*4d per lb); January 6,196 s to 198 s per cwt. (Is 0d to la OU<l per lb) : December 29, 190 f» to 194 ft per cwt, (Is B%d to la B*4d per lb). Cheese. Market steady. New Zealand.—January 13: Colored and white, 130 s to 134 s per cwt. (It? 2d to 1® per lb). January fi a Colored and white, ISO# to 134 s per cwt. (Is 2d to Is 2t4d per lb),. December 29: Colored. 124 s to 126 s per ■cwt. (Is l*4d to la I’Ad per lb) ; white, 124* to 128 s per cwt. (Is l’4<i to Is l%d per lb). A shipment of New Zealand produce arrived this week per s.s. Mahia. Australian shipments from December 28 to January' 3 total 38,279 boxes butter.

.Tan. 15. Jan. 11. Tar. Montreal (dol.) .. 4.TP,4 4.71% 4.866 New York (dol.).. 4.07 y* 4.67% 4.866 Paris (fr.) 68.70 67.85 25.255 Stockholm (kr.) . 17.35 17.35 18.153 Christiania (kr.).. 25.15 24.98 18.15> Copenhagen (kr.) 23.50 23.08 18.15» Berlin (marks) .. 61,500 48,000 20.43 Borne (lire) ..... 94% 94 25.851 Calcutta Is 2 3-lfld 18 4%d 2s * Yokohama s Id 2s 1 l-16d 2« «>4<1 Hongkong ...... A 2s 3%d 28 3d 2a