BRITISH TRADE.

Hokitika Guardian, 15 July 1922, Page 4

BRITISH TRADE.

HIGH COMMISSIONER’S REPORT. WELLINGTON, July 12

The Department of Agriculture lias rerived the following cablegram,• dated July S, from the High Commissioner for New Zealand, London: — MEAT.

The mutton market is depressed and prices have declined for all grades. There is no change in price for lamb, but the market shows signs of weakness. This position is not changed in the beef market. Present quotations ti re

N.Z. Mutton.—Lightweight (i.jd to (i;jd, medium sj|d to (rid, heavyweight lid to o.jd ; ewes 4d to 4*jd. N.Z. lamb—Best quality lightweight lljd to Hid, heavyweight IO.Jd to lid, ordinary 10« d, second class quality 10jd; N.Z. beef—Hinds -IRI, fores 2:j’d. Chilled beef—Argentine, larger supply, hinds (id. fores.'3d per lb. butter.

Lai'ger supplies of Danish together with less demand Ims resulted in a weaker tendency. Present quotations are:—New Zealand 220 s to 226 s per ewt (Is llid lo 2s per lb): Australian, 213 s to 22()s per ewt > Is 1 tjd to Is Hid per lb; Irish, 214 sto 210 s per ewt .Is 10:|d to Is lid per lb); Danish 220 s to 225 s per ewt (Is Hid to 2s per lb) , French, 220 s per ewt (2s o><l per lb).

Sales of New Zealand butter are reported at prices below the quotations given. CHEESE.

The market is weak and irregular. Present quotations are:— English, linest. farmers, 105 s to 112 s per ewt .ll,ld to Is per lb); Canadian, coloured Ols to this per ewt (10d to 101,(1 per lb), white 03s to 100 s per ewt (Itljd to lOiJd per lb); 'New Zealand, coloured, 00s to 04s per ewt (!):|d to 10(1 per lb), white 02s to o(is per ewt (10J to 10}d per lb). HEMP. The Manila 'market is quiet, and steady. There are no sellers below C3I per ton for “G” grade and £3O per toil for *‘J” grade, July-Septenihor shipments. New Zealand continues dull. Secondhand sellers quote high p ints at £3l 10s per ton, fall £3O l()s per ton, .luly-fseptember shipments, but. no business is reported. I here are possible buyers at SOs per ton below tlu-se ligui-es. WOOL. At Liverpool sales this week L.A.W.R.A. offered only 21,000 bales of Australian wool, withdrawing the od’eiing of 320!) bales of New Zealand. In addition, the catalogue included 300 bales of privately-owned New Zealand wool. There was a good average attendance, with the Continental section well represented and with keen competition. The bulk of the lots was cleared at prices fully equal to the last London closing rates. Fine crossbred and merino lamb showed a hardening tendency. ll.A.\\ .R.A. has also decided to withdraw all the New Zealand i-ross-brcd wool troni the Mull sale next week. FRUIT. The balance of the Zialandi.-’s cargo is now disposed of. This shewed signs ot waste and prices were ill consequence poor:—Jonathans t>s to 3s, 3ttinners 7s to 10s, Rymer (is to 12s, all per ease.