COMMERCIAL

Taranaki Daily News, 1 June 1927, Page 10

COMMERCIAL

LONDON MARKETS. HIGH COMMISSIONER’S CABLE. The Department of Agriculture has received the following cablegram, dated March 28, from the High Commissioner of New Zealand, London: — Butter. Market firm. Official quotations are: New Zealand. —Finest salted: May 28, 166 s to 168 s per cwt. (Is 5Jd to Is 6d per lb.); exceptional, 170 s per cwt. (Is 6|d per lb.); May 21, 162 s to 166 s per cwt. (Is 5Jd to Is 51d per lb.). Unsalted: May 28, 174 s to IBos per cwt. (Is 6Jd to" Is 7)d per lb.); May 21, 172 s to 174 s per cwt. (Is 6Jd to Is 6jd per lb.). Other qualities: May 28, 157 s to l'6Bs per cwt. (Is 4Jd to Is 6d per lb.). Australian. —Salted: May 28, 162 s to 166 s per cwt. (Is sid to Is 5Jd per lb.); May 2'l, 160 s to 164 s per cwt. (Is 5d to Is 5Jd per lb.). Unsalted: May 28, 166 s to 172 s per cwt. (Is s|d to Is GJd per Iffij; May 21, 164 s to 166 s per cwt. (Is 5Jd to Is old per lb.). Other qualities: May 28, 150 s to 162 s per cwt. (Is 4d to Is sid per lb.). Danish—May 28, 166 s to 168 s per cwt. (Is 51d to Is 6d per lb.); May 21, 164 s per - cwt. (Is 5Jd per lb.). Danish—May 28, 166 s to 168 s per cwt. (Is s|d to Is 6d per lb.); May 21, 160 s per cwt. (Is 5Jd per lb.). Irish Creamery. —May 28, 166 s to 168 s per cwt. (Is s*Jd to la 6d per lb.); Slay 21, 160 s per cwt. (Is 5d per lb.). Ulisalted: May 28, 174 s per cwt. (Is Gid per lb.); May 21, 104 s per cwt. (Is 5Jd per lb.). Argentine.—Unsalted: May 28, 162 s to 166 s per cwt. (Is 5Jd to Is s|d per lb.). Exceptional, up to 170 s per cwt. (Is 6Jd per lb.); May 21, 156 s to 162 s per cwt. (Is 41d to Is 5d per lb.). Other qualities: May 28, 156 s to 160$ per ewt. (Is 41d to la 5d per lb.). Siberian, —May 28, 160 s par cwt. (Is 5d per lb.); May 21, 152 s to 156 s per cwt. (Is 4:ld to ’ •> 41d per lb.).

Market firm. Demand for New Zealand is active and prices have advanced rapidly during the last two days. Official quotations are: — Canadian. —Finest, coloured and white: May 28, 98s to 100 s per cwt. (IOJd, to 10'jd per lb.); May 21, 96s to 100 s per cwt. (10,)d to IOJd per lb.). Other qualities: May 28, 94s to 95s per cwt. (lOd to 10)d per lb.).

New Zealand.—Finest and fine, coloured: May 28, 88s to 94s per cwt. (9Jd to lOd per lb.); May 21, 85s to 88s per ewt. (9d to 9{d per lb.). White: May 28,' 87s to 92s per cwt. (Old to per lb.); May 21, 83s to 84s to 86s pe*-' cwt. (9d to 9£d per lb.). Australian. —Coloured: May 28, 80s per cwt. (9)d per lb.); May 21, 83s to

per cwt. (Bfd per lb.). Other qualities: May 28, 87s per cwt. (9]d per lb.). ’ Shipment of New Zealand produce arrived this week per Delphic. Tallow. Spot market quiet, and poor demand at auction. Present quotations are: 'Mutton, line, 36s 6d per cwt.; fair to

good, 35s to 36s per <wt.; dark to dull, 33a to 34s per cwt. Beef: Sweet and/or mixed, 36a 6d to 40s per cwt.; fair to good, 34s 6d to 36s 6d per cwt.; to dull, 32s to 33s per cwt. Mixed: Fair to good, 34s to 36s per cwt.; dark to dull, 32s to 33s per cwt. Gut, 28s to 32s per ewt.