COMMERCIAL NEWS

Hokitika Guardian, 11 March 1921, Page 3

COMMERCIAL NEWS

HIOII COMMISSIONER'S REPORT WEI.IJ NOTON. Miii-eli 8. Tlh? Kiel: Commissioner's report dnt ed Mrach sth. is as follows:.MEAT. Home killed is in small supply, bm prices are easier in vie" of I lie hu m supply of imported meat. Quotation: are:—Reef 1/4}, mutton 1 8, lamb 2/per lb; beef, Argentine chilled ox. hindquarters 11 J<l to 1/-; forequarters 74d t< 8d per lb; Argentine, frozen ox. hindquarters l id to ll}d, forequarters 7d to 7}<l per lb. Not much Now Zealand is being sold owing to the large supply of Argentine. Ibices are: -Ox, hindquarters 9d to 10’d forequarters Old to 7d ; cow, hindquarters 7}d to B}d, forequarters s}d to 6}d per 11*; but lower prices are being act-opted for very plain quality. New Zealand wethers are realising the maximum price of !)d per lb, but are being sold by stall holders without profit at 7id per lb. Imperial f.'overnment New Zealand lamb, chiefly forequarters, uncut, is selling at Is. per lb. There is only a poor demand for cut lamb. New Zealand lamb from the I'nited States is selling at Is Ofd per lb o.i.f. and at I O', to 1/1 per lb. on the market depending on the condition and demand. Free New Zealand lamb, ex s.s. Surrey is in good demand at the maximum price of Is Id per lb. J> UTTER. The price of Ooveriiment butter is iinclhtngod at £l4/18 8 per owt wholesale. and 3s per lb retail. Irish supplies ire irregular owing to the difficulty of ibtaining licenses to export. New un;alted is worth up to £l9 per cwt. (3/4iJ kt lb). Creamery butter is irregular it about £ls per cwt. (2s 8d per lb). I’lie export ])ri(-e of Danish was reduced ast week to £lO 10s. per cwt. (1/10 ;>er lb) f.o.b. Danish production is toady at 35,000 casks ]ier week. CHEESE. English cheese is scarce, but is slow if sale, owing to the demand for chenp■r sorts. Quotations are £B/8 - to til 2/- per cwt. (1/0 to 1/7}-; per ll>). The 'anadian supply is limited, and the nark'd is firm at C 7-14- ft) £7/18/- ))«»r •wt (1/1} 4° 1 '4 I ]ier Hi) for white and 08 to £5 2s per cwt. (approximately /5f per lb) for coloured. New Zealand boose is in good request at:— White 17/y/- to £7/10 - per ewt (1/3J to 1/4 per h), coloured £7/18/- to £8 per cwl (apiroximately 1/5 per lb). Colored is earce. CASEIN. Tlie latest information is that ' the narket is weak and prices are falling, flotations are nominal. Rennet is I noted: French £O3IO/-, New Zoaand £ll2, Australian £BS per ton. 11 KM I*. The .Manila market continues dull, ml closed weak. Although J grade lominally is quoted at. £3B Ids per ton or shipment sales were made yesterday if danuary-/March shipments at £37. (pot is not quoted. Ix'eauso the price lopends upon the quality. The output rom January 1 to February 28th. was 26,000 bales, against 207.000 hales in lie same period last year. The New Zealand market is inactive. There vould probably be buyers of high points float at £42 to £34 per ton. Fair (polity is negleeti'd. with sellers of spot at MO, but no interest is shown. WOOL. The sales close to-day. Th t . market or eross-lireds is very irregular, and ■ompetition for the coarser qualities larticularlv for slijies and scoured is unsatisfactory. The average closing allies were:—6o’s to 6-l’s (merino) 15d o 17d. 56's (super half-bred) 1-Id to 61, 50’s (lmff-bied) lOd to 12(1, 48’s line cross-bred) 9d to 10(1, 44’s to Hi’s medium cross-bred) 7}d to B}d, 36’s lo O’s (coarse cross-bred) 6d to 7}d. HONEY. The market is very depressed. First piality is quoted at 80s. per cwt. (B}d ier lh), but the only demand at this mice is for absolutely white, sorts, Inerior in neglected, and is quited at. ss. per cwt (43d per lb.)