FARMING & COMMERCIAL
AUCTION SALES ,- FORTHCOMING FIXTURES, ' TO-PAT-Kelvin'Grovo, 12 noon—Sala of stock and ' implements (N.Z. Loan Oo.). 9 Lloyd Street, Wellington, 1 p.m.—Furniture sale (Wilson and Co.). Shannon -Yards, 1 p.m.—Stock sale. Assembly Rooms, Waniranui, 2.30 p'.m.— Lund sale l (John Ooull). Foatherston Street, Wollinaiton, 2.30 p.m.— City property Bale (Betlvuno and Oo.). FRIDAY. Manchester Street, Fetlding, O p.m.—Property sale (Dalgety and Co,, and Barraud and Abraham). LONDON MARKETS HIGH COMMISSIONER'S CABLED ItEPORT. The Department of . Agrio-iituro lias 1 received the Mowing cablegram, dated June 12, from the High Commissioner for New Zealand, London:— "Butter.—Average prico English butter is unchanged at .£l(s 25., and tendency firmer. Irish i 6 :in small supply and price firmer; creamery, £U 9s. to ill 18s. Bd. "Clieeso.—Demand for English cheese is good,< and plenty offering. Finest cheadar, .£8 12s. to £V fa. Canadian, spot, «£8 10s. and under. Quotations, C.1.]?., £7 18s. Make is reported to'be large and export ds increasing. Hemp.—Manila market is duEl ar,d dropping. "J" grade, February-April to April-June shipments, quoted at J59 sellers; July-September shipment sold ,£62 10s. early this week, but later down to J6O. Output January. 1 to May 81. 526.000 bales, against 150,000 same period last year. Shipments to England 247,000 against 106,000. New Zeaiand market is dull and depressed. Present quotations are: Spot, highpoints fair jtso; March-May' shipment £5i and .£52 respectively sellers, ; Wool—Wool sales have closed. Attend, anee has been good throughout,, but demand poor, and laTge proportion offering withdrawn. Merinos have declined 2# per cent.; crossbred fine 6cld (it. reduction of 15 per cent.; medium, 5 per cent, to 10 per cent.; coarse offerings small, and withdrawi) at a decline of nominally. 10 per cent. Average current, values New Zealand crossbreds, fine 2s. 4d. to 35.; medium, ls. lfld. to 2s. 4d.; coarse, Is. 4d. to Is. Bd.. nominal. ' Feeling here is that owing to exceptionally large quantities marketed during , the last six months, trade needed breathing space."
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Dominion, Volume 13, Issue 224, 16 June 1920, Page 10
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323FARMING & COMMERCIAL Dominion, Volume 13, Issue 224, 16 June 1920, Page 10
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