LONDON MARKET REPORTS

Wanganui Chronicle, Volume LXXXI, Issue 19057, 9 July 1924, Page 8

LONDON MARKET REPORTS

OFFICIAL RANGE OF PBICES. HIGH COMMISSIONER’S CABLE. The Department of Agriculture has received the following cablegram, dated sth instant, from the High Commissioner for New Zealand, London:— BUTTER. Market remains firm, but demand somewhat easier on account of advance in prices.—Official quotations are:— New Zealand: Salted, finest—July 5, 188 s to 192 s per cwt. (Is B}d to Is'Sjd per lb); June 28, 182 s to 184 s per cwt. (Is 7Jd to Is 7Jd per lb); June 21, 178 s to 180 s per cwt (Is 7d to Is 7jd per lb). Unsalted—July 5,200 s to 204 s per cwt (Is 9}d to Is 9,d per lb); June 28, 194 s to 198 s per cwt. (Is 8J to Is 9id per lb); June 21, 190 s to 194 s per cwt. (Is BJd to Is BJd per lb). Other qualities—July 5,166 s to 184 s per cwt. (Is s|d to Is 7Jd per lb). Australian: Salted, finest—July 5, 182 s to 184 s per cwt. (Is 7Jd to Is 7Jd per lb); exceptional, 186 s per cwt (Is 7£-d per lb); June 28, 176 s to 178 s per cwt. (Is 6} to Is 7id per lb); June 21, 172 s to 176 s per cwt (Is 6Jd to Is 6}d per lb); unsaltcd—July 5,186 s to 190 s per cwt (Is 7Jd to Is BJd per lb); June 28, 182 s to 184 s per cwt (Is 71d to Is 7-,d per lb); June 21, 176 s to 180 s per cwt. (Is 6Jd to Is 7{d per lb). Other qualities—July 5, salted 150 s to 180 s per cwt. (Is 4|d to Is 7Jd per lb); unsalted, 150 s to'lB2s per cwt. (Is 4ld to Is 7Jd per lb). Argentine: Unsaltcd—July 5,184 s to 188 s per cwt (Is 7Jd to Is 8d per lb); June 28, 180 s to 186 s per cwt. (Is 7id to Is 8d per lb): June 21, 174 s to 180 s per cwt. (Is 6Jd to Is 7Jd per lb). Other qualities—July 5,176 s to 180 s per cwt (Is 6i'd to Is 7]d per lb). Irish: Baited—July 5,186 s to 190 s per cwt. (Is 6|d to Is B*d per lb); June 28, 180 s to 182 s per cwt. (Is 71d to Is 74d per lb); June 21, 178 s to 180 s per cwt (Is 7d to Is 7Jd per lb). Unsalted—July 5,188 s to 194 s per cwt. (Is 8d to Is Bjd per lb); June 28, 182 s to 188 s per ewt (Is 74d to Is 81d per lb); June 21, 182 s to 184 s per cwt (Is 74d to Is 78 per lb). Danish—July 5,200 s to 204 s per cwt. (Is 9id to Is 9?d per lb); June 28 184 s to 190 s per cwt (Is 7?d to Is Bid per lb); June 21, 182 s to 184 s per cwt (Is 7Jd to Is 7J per lb). CHEESE. Demand for New Zealand is some what easier on account of reduction in Canadian. Spot market quiet. Official quotations are: English, finest farmers’, steady. July 5 88s to 90s per cwt (9id to 9?d per lb); June 28 and June 21, same quotations. New Zealand—July 5, coloured, 92s to 94s per cwt (9J to lOd per lb); exceptional, 96s per cwt (10id per lb); June 28, coloured, 93s to 94s per ewi (lOd per lb); white, 94s to 96s Pei cwt (lOd to IOJd per lb); June 21,' coloured, 90s to 92s per cwt 92d to j lOd per lb); white, same quotations.! Canadian —Quiet. July 5, coloured, I 92s to 93s per cwt (9? to lOd peri lb); white, 92s to 94s per cwt OSd I to lOd per lb); June 28, coloured,] 90s to 94s per cwt (92 Sto lOd per lb); white, same quotations. June 21, coloured, 86s to 88s per cwt (9ld to 91d per lb); white, same quotations. A shipment of New Zealand produce arrived this week per s.s. Mahana. Estimated stocks of cheese on July 1 at London. Liverpool, and Bristol were 113,750 crates, against 15,900 boxes and 34,800 crates respectively for the same time last year. HEMP. Manila market quiet but steady, with sellers “J” Grade, June- August shipments, asking £4O. New Zealand market continues quiet. Highpoints quoted at £37; fair, £35 10s. WOOL. Sales continue; New Zealand sorts selling well to Bradford. PEAS. Blue, —The demand is limited. Japanese shipments about to arrive are quoted at £l9 15s to £2O 10s, c.i.f.; spot, £2O to £2l a ton. In new crop, September-October shipments, business is being done at £2O c.i.f. Dutch, small round handpicked, £2O. Tasmanian A grade, £lB c.i.f., spot value about £2O 10s, best quality only. New Zealand, good quality, worth £l7 to £lB. Maple—English in small supply. “A” grade Tasmanian on passage, worth 72s to 76s per quarter. New Zealand Patridge, No. 1, for shipment, 62s 6d to 655, c.i.f. BEANS. English selling at 47s to 50s per quarter; no inquiries for imported. COCKSFOOT. Business is at a standstill at present, and the new crop is not quoted yet. FRUIT. The Tekoa has discharged, and her shipment of apples, with the exception of Stunners, are in good condition and realising good prices. Tightly-packed Sturmers somewhat badly bruised are causing rot, consequently sellers cannot hold. Prices are 15s 6d to 21s per case; Rokewood, 16s 6d to 23s per case; Dougherty, 16s 6d to 23s per case; Statesmen, 13s Gd to 21s per case. Fairly good supply of Australian apples on hand, and prices average 14s to 21s for Sturmers.