COMMERCIAL.

Taranaki Daily News, 2 May 1923, Page 2

COMMERCIAL.

LONDON MARKETS. HIGH COMMISSIONER’S CABLED REPORI. The Department of Agriculture lißs received the following cablegram, dated April 28> from the High Commissioner for New Zealand, London : MEAT. The downward 'movement in prices of mutton and lamb continues. More moderate supplies of chilled beef now on hand, but large arrivals due next week. New Zealand frozen 'beef not quoted. New Zealand Mutton.—49lb. to 561 b. : April 28, Bi4d; April 21, B%d; April 14, B%d to 9d 571 b. to 6-llb., April 28, 7%d to 7%d; April 21, 7%d to Bd. 651 b. to 721 b.: April 28, 6’4d; April 21, 6d to 6&d; Apr! . 14, 6%d to 7d. 731 b. to 801 b.: April 28, sd; April 21, 5d to s}4d; April 14, to 6%d. Second-class: April 28, 5d to 5 J 4d, April 21, 5%d. New Zealand Lamb.—Canterbury, 291 b. to 361 b. and 371 b. to 421 b.: April 28, 11 l-8d; April 21, ll%d; April 14, ll%d. 421 b. to 501 b.: April 28, lid; April 21, ll%d. Secondclass : April 28, lOd. North Island: Beat, April 28, 10%d. Second-class: April 28, 9>4d; April 21, 9%d. New Zealand Beef.—Not quoted. Chilled Beef.—Fores: April 28, 3d to April 21. 2%d to 2%d; April 14, 2d to Hinds: April 28, to 6%d; April 21, 4%d to April 14, 4%d to sd. Argentine Frozen Beef.—Fores : April 28, 2%d; hinds, April 28, sd. BUTTER. Depression continues, and further decline has taken place in prices. New Zealand.—Salted, finest: April 28, 13Ss to 1425, up to 144 s per cwt. (Is 2%d to Is 3%d to Is 3%d per lb.) ; April 21, 146 s to 154 s per cwt. (Is 3%d to 18 4%d per lb.) ; April 14, 170 s to 176 s per cwt. (Is 6%d to Is 6%d per lb.). Unsalted:• April 28, 154 s to 160 s per cwt. (Is 4%d to Is s*4d per lb.) ; April 21, 158 s to 164 s per cwt. (Is 5d to Is 5%d per lb.) ; April 14, 180 s to 184 s per cwt. (Is 7%d to Is 7%d per lb.). Other qualities: April 28, salted, 132 s to 136 s -per cwt. (Is 2%d.'to Is 2%d per lb.). CHEESE. No improvement in the market, and prices have declined. New Zealand.—April 28: Colored, 90s to 96s per cwt. (9%d to lO&d per lb.), exceptional 98s per cwt. per lb.) ; white, 90s to 96s per cwt. (9%d to 10%d per lb.). April 21: Colored, 102 s to 108 s per cwt. (lid to U%d per lb.) ; white, 100 s to 106 s per cwt. (10%d to 11 %d per lb,). April 14: Colored, 128 s to 132 s per cwt. (Is l%d to Is 2d per lb.) ; white, 124 s to 128 s per cwt. (Is l%d to Is 1%(1 per lb.). A shipment of New Zealand produce arrived this week per s.s. Wangaratta, while the Fort Chalmers is due to-day (28th instant). Shipments of Australian from April 8 to April 17 consisted of 12,188 boxes butter and 5116 crates cheese. PRICES FOR PRODUCE. The New Zealand Loan and Mercantile Agency Company, Ltd., jiave received the following cablegram from their London house under date ?7th instant: — New Zealand Dairj’ Produce. —Butter, 142 s to 144 s per cwt.; cheese, 9.0 s to 96s per cwt-; market quiet. New Zealand Frozen Meat.—Lamb 10%d per lh (average) ; mutton, wether and maiden etye,light 7 7-8 d per lb, heavy 5%d per lb; owe, light 5%d per lb, heavy 5d per lb; market slow.