COMMERCIAL.
NEW ZKALAND MARKETS. Chbtb t chubch. —The N Z.L. and M.A. Company report:— Butter— The reaction in the Sydney market, reported in our last issue, has been responded to locally »>y a decline in rates, which now rule at lOd for mild, in Australian tubs, and 8d to 9d for ordinary, packed in kegs. Cheese- Ther** is no alterations in values on the month, though the market is decidedly firm at oar quotations. The fact
of 70s having been realised in London by our Head Office for a shipment of Aka'-oa make, has contributed largely to the confidence now ruling the market. Potatoes—A steady business has been passing in this line at 27s 6d; delivery at country stations within a radius of 12 miles; bags extra. Hay— But for the scarcity of tonnage, large business would result in this article, as. the crop has turned out well, both in regard to quality and condition, and moderate rates are asked. We have placed several parcels £3 10s to £3 16s f.o.b. Auckland. — Buter — The large exports to Sydney and Brisbane have left this market in short supply, consequently the rate ruling last month, viz., 8d f.0.b., is well maintained. Cheese — This market is now fully supplied by the local factories, of which there are four or five, and we hear of others, in course of erection. The result of shipments to the Home market is awaited with interest, and on this will depend the future of the industry. Prices rule from 5d to 6d. Nkmon. — Malt -A steady business is being done at last quotation, viz, 6s 6d. Hops — Business is improving, and prices are firm at Is. Flax— Fairly large quantities are being shipped to Inu'land. Rates for good, well dressed samples range from £14 15s. Tow— Stocks not heavy, at £6 to £8 per ton.
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Bibliographic details
Feilding Star, Volume VI, Issue 8, 28 June 1884, Page 2
Word Count
307COMMERCIAL. Feilding Star, Volume VI, Issue 8, 28 June 1884, Page 2
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