THE LONDON MARKETS

Wanganui Chronicle, Volume LXXXIII, Issue 19867, 15 June 1927, Page 11

THE LONDON MARKETS

HIGH COMMISSIONER’S GABLED REPORT The Department of Agriculture has received the following cablegram, -dated June 11 ~from the High Commissioner for New Zealand-, London:— Butter Market quiet. Official quotations are: New Zealand. —Finest salted: June 11, 161 s to 164 s per cwt (Is 5d to Is sid per lb); Juhe 3,168 s to 170 s (Is sfd to Is 6iidj). Unsaltcd: June 11, 174 s to 176 s (Is 64d to Is 6|d); June 3,178 s to 180 s (Is 7-d to Is 7£d). Other qualities: Juno 11, 156 s to 160 s (Is 4£d to Is sd-).

Australian.—Salted: June 11, lb2s to 164 s (Is s}d to Is 5-Jd); exceptional, 166 s (Is June 3,164 s to 168 s (Is sjd to Is Gi). Unsalted: June 1.1, 168 s to 172 s (Is 6d to Is 6-ld); June 3, 170 s to 174 s (Is 6-}d to Is 6i-d). Other qualities: June 11, 150 s to 164 s (Is 4d to Is SA).

Danish.—June 11, 166 s to 168 s (Is s&d to Is 6d); June 3,166 s to 168 s (Is 5d to Is 6d).

Irish Creamery.—June 11, 160 s (Is sd); June 3,164 s to 166 s (Is olrl to Is 5Jd). Unsaltcd: Juno 11, 164 s (Is 54d); June 3,172 s to 174 s (Is 61-d to Is 6£d). Argentine.—Unsalted: June 11, 166 s to 168 s (Is sjd to Is Gid); June 3,166 s to 170 s (Is 51id to Is 6|d). Other qualities: June 11, 156 s to 162 s (Is 4£d to Is 5.1 d-), Siberian.—June 11, 158 s to 160 s (Is to Is sd); June 3,160 s (Is sd). Cheese Market slow. Official quotations are:— Canadian.—Finest coloured. and white: June 11, 98s to I.oos per cwt (10£d to 10id- per lb) June 3,98 s to JOOs (10|d to lOjH). Other qualities: Juno 11, 90s to 94s (9>ld to 10id;). New Zealand: —Coloured: June 11, 84s to 86s (9d to 9|d); June 3,87 s to 90s (9d to 9sa-). White: June 11, S2s to 84s (Bg”d to 9d); June 3,86 s to 88s (9|d to 9ld'). Other qualities: June 11, 80s to 83s (B|d to 8i<l). Shipments of New Zealan-d produce arrived this week per hlahia, Port Victor, and Horatius. Apples Condition of Horatius is good. Soft fruit season has begun, but supplies small, and not yet affecting apples, for which market firm. - Prices are as follow:—Cleopatra, 16s to 18s; Jonathan, Sturmer, Statesman, 14s to 16s up to 17s; Delicious, Dunn’s Favourite, Rome Beauty, Stark and Ballarat Seedling, 14s to 16s; Premier, Wolseley, London Pipin, 14s to 15s. Hemp. Manila market firm, with an im-proved-demand for close at hand. “A” grade May-June shipments sold at £44 10s; June-August shipments quote-d sellers £44. Sisai market quiet. Tanganyika number one, June-August shipments quoted sellers £3B, and number two £37. New Zealand: Better demand for lower grades, common and rejected afloat, solid' £33 10s and- £32 10s. For June-July shipments possible buyers might pay New Zealand sellers £33 and £32. Highpoints not wantc-d. Spot stocks offered £35 10s. Nominal value, June-July shipments, £35, fair £34. Tow: Bettei demand due to scarcity of sisal number two. In store sold at £24 10s. Wool Bradford market steady. Moro business being idione in low and medium qualities. Average prices arc :64’s (merino), warp, 4s per lb; average, 3s 11-d lb.; 56’s (super half bred), 2s lOd per lb.; 50’s (halfbred), 2s 2d per lb.; 40’s, prepared, Is 7M per lb.