COMMERCIAL

Taranaki Daily News, 4 June 1929, Page 9

COMMERCIAL

LONDON MARKETS. CONTROL BOARD'S ADVICES. The New Zealand Dairy Produce Board has received the following market report from its London office, dated May 31, 1929 (last week’s prices in parentheses) : — BUTTER. New’ Zealand.—Salted, 165 s to 167 s (165 s to 1675); exceptionally, 168 s; unsalted, 165 s to 168 s (164 s to 168 s); ex-, ceptionally, 170 s; first whey, 158 s (150 s second whey, 152 s (148 s 168 s is approximately Is 4d f.o.b. Deliveries New Zealand this week, 970 tons; in store, .9750 tons. Australian.—Finest salted, 15? s io 162 s (158 s to 1625); unsalted, LGOs to 164 s (158 s to 1645). Argentine.—Finest unsalted, 158 s to J 62s (156 s to 1625). Irish Creamery. —Salted, 162 s (158 s to 160 s); unsalted, 166 s (162 s to 1645). Danish.—F.o.b., 157 s (1575); spot, 162 s to 165 s (164 s to 1665). Dutch. —Unsalted, 160 s to 164 s (not quoted). * Esthonian. —158 s to 162 s (160 s to 1625.. Latvian.- —15Ss to 162 s (160 s Siberian.—ls4s (1545). Ukranian.—ls4s to 156 s (1565). French baskets. —Salted, 154 s to 164 s (152 s to 160 s). Market steady, retail prices unchanged. Continued dry weather causing uneasiness. Danish butter 3s, New Zealand, Australian and Irish butters 2s above official prices. CHEESE. New Zealand—White, 89s to 90s (87s to 88s); coloured, 91s to 92s (88s to 89s). Deliveries New Zealand this week, 26,435 crates; in store, 145,700 crates; 90s equals approximately BJd f.o.b. Canadian. —White, 104 s to 110 s (104 s to 110 s); coloured, 104 s to 108 s (104 s to 108 s). Australian. —White, BSs (87s); coloured, 88s to 89s (SBs). Market quiet, retail prices unchanged. English finest -farmers’ cheese stocks small, nominal price. Tamaroa finished discharge butter and cheese, May 27; Ruahine finished discharge butter,, May 27; Westmoreland commenced discharge butter May. 30, finished May 30; Westmoreland commenced discharge cheese May 30; Herminius commenced discharge butter May 27, finished May 30; Coptic finished discharge cheese May 27; Coptic commenced discharge butter May 30. The board has also received the following advice from its agents in Canada:—Butter: New York, 43 cents (Is 94); Montreal, 34.? cents (Is 5 3-8 d); stocks, 17,000 boxes; last year, 10,500 boxes.

PRICES OF-FROZEN MEAT. The New Zealand Meat Producers’ Board has received the following cable from its London office, dated May 31, 1929, advising Smithfield delivered prices averaged for the week ending that date as follow (prices for the two previous weeks are also shown in parentheses):—New Zealand wethers and maidens. — Canterbury quality, selected brands: 561 b and .under, 7d (7d, 7d); 57-641 b, 6d (6 1-Sd, 6 l-8d); 65-721 b, s.jd (a 3-Bd, 5 3-8 d). Other brands: 501 b and under, G 7-8 d (6 7-Bd, G 7-8 d); 57-641 b, 5 7-8 A (6d, Gd); 65-721 b, s}d (SRI, Bid); New Zealand ewes—64lb and under. 5d (sd, 5 l-8d). New Zealand lambs.-Canterbury quality: 361 b and under, 9Jd (9 5-Bd, 9 5-8 d); 37-421 b, 8 7-Sd (fid, fid); 43-501 b, 8-1-Sd (BRI, Bjd) ; seconds, 8 7-Bd. (8 7-Bd, fid). Selected brands: 361 b and under, 9Jd ifild, fi.’.d); 37-421 b, B:jd (8 7-Bd, 8 7-Sd). Other brands: First quality, 361 b and under, fi? ; d (fijd, 9.}d); 37-421 b, 8 5-8 d (Sid, Bi]d); second quality, 30-321 b, average, 9 1-Sd (fid, fid). Australian lambs.—Victorian, first quality, 361 b and under, B|d (B£d, Sid); 37-421 b, 8 1-Sd (8 l-Bd, 8 1-Sd). Argentine lambs. —First quality, 361 b and under, 8d Sd); 37-421 b, 7id (/|>dj 7-Jd). New Zealand beef.—Not quoted. Argentine chilled beef. —Ox fores, 4 3-8 d (44d, 5 5-8 d); ox hinds, 6 l-8d (Gid, 7]d)“ Argentine frozen beef.—Not quoted. New Zealand frozen pork.—Porkers: GO-801b. fid (fild, lOd); 81-991 b, Sid (fid, 9id);-100-1201b, 8?d (fid, 91d). Baconers: 121-1801 b, Sid (B|d, fid). Lamb.—Market is steady. Consumption is improving slowly. Better, de.mand for lighter weights. Mutton market.—Wethers and ewes, trade slow; market quiet. New Zealand porker pigs.—Season is now at an end. Nominal prices. New Zealand baconer pigs.—There is very little inquiry owing to lower prices of Continental bacon.