COMMERCIAL.

Taranaki Daily News, 22 July 1925, Page 9

COMMERCIAL.

CANTERBURY MARKETS. By Telegraph.—Press Association. Christchurch, Last Night. The potato market has taken a further jump, values appreciating over the week-end by 1:1 per ton. Farmers who are prepared to accept this price have been receiving £6 per ton on trucks, but a big proportion of growers hold to the idea that values have not yet reached their peak. The Sydney market is having a rather unsettling effect on their ideas. The scarcity In Auckland has been th-? main factor in sending the market up. Some consignments on the Katoa, which left yesterday, were sold at £'B a ton f.0.t0. s.l. This vessel took only 2500 sacks from Lyttelton, but, including the Timaru and Oamaru shipment, a total of about 11,000. iShe is understood to be calling at a wayside port, and will probably reach Auckland in about a week. The Walhora sails from Lyttelton on Thursday . and the Wingatui about the week-end. To-day’s f.o.b. si. price is £7 10s to £7 12s 6d, with an easing tendency. Oats are weak and buyers are difficult to find at 4s f.0.t0. s.l. for B’s and '4s 4d for A’s. JPrices to farmers are 3s 3d and 3s 6d respectively. Shipment of Algerians are still going steadily north, values to farmers being 2s 6d to 2s 9d.

Perennial ryegrass has been sold at 6s fo.b. s.l. Bluff for 27-281 b seed. There is not the the usual demand for Canterbury. Light perennial cowgrass is selling at 120 s per cwt. for machine dressed. Values to farmers are 8d to TOd with not much offering. Cocksfoot is worth lid for machine dressed.

NEW ZEALAND SHARE MARKET. Auckland, Last Night. Stock Exchange sales. —(New Zealand Breweries debentures, 225; Bank orf New South Wales, £4l 5s- Sanford Ltd. (pref.) 20s 6d. Wellington, July 21. Sale on 'Change.—Huddart Parker (ord.) 44s ‘Bd. LONDON MARKETS. HIOH COMMISSIONER'S CABLED REPORT. , •©J ——— The department of Agriculture has received the following cablegram, dated July 18, from the High Commissioner for New Zealand, London : BUTTER. Demand has improved during this week and market very flrm now. Official quotations are: New Zealand.—Finest salted: 188 s to 192 s per erwt (Is 8d to la B%d per Ito). Unsalted: J’94s to IMs per cwt (Is B£d to Is B%d per lb). Other qualities: 184 s to 186 s per cwt (Is 7%d to Is 7%d per lb). Australian.—-Salted: 184 s to 188 s per cwt (Is 7%d to Is 8d per lb). Other qualities: 172® to 182 s per cwt (Is to Is 7%d per lb). Unsalted: 188 s to 190 s per cwt (4s 8d to Is B J 4d per lb). Other qualities: 174 s to 184 s per cwt (Is 6%d to Is 7 1 4 ! d per lb). Argentine.—lB2s to 186 s per cwt (Is 7%d to Is 7%d per lb). Other qualities: 174 s to 180 s per cwt (Is to Is 7%d per lb). Irish.—Salted: 188 s to 190 s per cwt (Is 8d to Is B%d per lb). Unsalted: 192 s to 194 s per cwt (Is B%d per lb). Siberian.—l6Bb to 174 s per cwt (Is 6d to Is 6 1 < 4jd per lb). Danish. —194 s per cwt (Is per lb). CHEESE. Market firm and advancing, and demand is good. Official quotations are: — English.—Finest farmers’: 116 s to 120 s per cwt (Is o%d to Is Id per lb). Canadian. —Coloured and white: 106 s to 108 s per cwt to lll%d per lb). New Zealand. Coloured: 10£s to 109 s up to 110 s per cwt (ll%d to 11-%d per lb). White: 108 s to 110 s per cwt (ll%d to ll%d iper lb). Shipments of New Zealand. produce arrived this week per s.s. Karamea and Raranga. ’ THE WOOL MARKET. By Telegraph.—Press Assn. —Copyright London, July 20. At the wool sales a miscellaneous selection was offered and prices were unchanged. New Zealand lots were sold as follow: —Jollie Braemar, top price, s<Bd, average 53d; Edgmere, and 17d. The bradford tops market is quiet, prices showing a downward tendency.