COMMERCIAL.

Horowhenua Chronicle, 1 July 1910, Page 4

COMMERCIAL.

OOLONIAIWMIRY PRODUCE. M&ssrs AY. Weddel and -Co. send us 'their weekly market report, dated London, Mnv 19, as follows:— Mutter.— Tho week opened with genuine spring weather, warm and sunny, aaul the rains that have since fallen have been accompanied by genial' temperatures, so that tire conditions have become very favourable for tho pastures. The holiday feeling that began to dominate tho market last week lias increased in intensity, and not until the shadow of the Royal funeral passes away and next Monday arrives will the trade se'ttle <lo*v.it to tho ordinary routine of business. Cables from Australia report that 'butter as rising in value, and is now selling wholesale at 112s to 11 Js pel' ewfc, so that the export is practically ended. In New" Zealand several outputs of May lmttel have been sold locally at prices equal to over 1.125, c.i.f., Tendon. Shipments tli,is week consist of 9-100 boxes from Australia 'in the Orvieto, and; the A theme is leaving New Zealand to-day with only a small cargo of bnltter. Trices of butted on tlun spot .aro fairly steady at last week's figures, and aro now diown to the level of last year at this date. Arrivals this week consist of 33,480 boxes and next week the total receipts will ho ahoult 17,000 boxes of Australian and 20/100 from Now Zealand. The market foT foreign butter has steadied itself, and the Copenhagen official quotation remains nndia'iiged. Supplies of Siberian will be loss for a, w-eek or two. Argentine arrivals last week a.nd this are nil, and the "Highland Heather," due nest Wednesday at Liverpool, will be tho only arrival. Oheoso.—The market continues quiet and .prices remain virtually unchanged. "White butter is the same (price as last year, cheese is i 8s to 10s per owt. cheaper, and the eonsumiptioii is la.vger, owing partly ,to tho much higher price of frozen meat.